Taurus Novelties Limited

Taurus Novelties Limited

Produces ceramic tableware and decorative items for domestic use, founded in 1995 in Bangalore.
1995 | Bangalore, Karnataka (India) | Under Liquidation

Last Updated:

April 26, 2024
HomeCompanyTaurus Novelties Limited

Who are the key members and board of directors at Taurus Novelties?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajagopalan Srivathsan InManaging Director11-Jan-1995Current

Board Members(2)

NameDesignationAppointment DateStatus
Ranganathan Kumar In Director 24-Jun-2009Current
Gummadi Rao In Whole-Time Director 11-Jan-1995Current

Financial Performance of Taurus Novelties.

Taurus Novelties Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 69.16% decrease in profit. The company's net worth dipped by a decrease of 4.12%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-10.21%
Profit or Loss
-69.16%
Net Worth
-4.12%
EBITDA
-69.16%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹5.19 Cr

LenderAmountStatus

Canara Bank

Creation Date: 08 Oct 1999
₹0.60 MOpen

Canara Bank

Creation Date: 08 Oct 1999
₹0.60 MOpen

Canara Bank

Creation Date: 13 May 1998
₹5.00 MOpen

How Many Employees Work at Taurus Novelties?

Unlock and access historical data on people associated with Taurus Novelties, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Taurus Novelties

Recent activity within the organization

  • Annual General Meeting

    Taurus Novelties Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Taurus Novelties Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Director Appointment

    Ranganathan Vasantha Kumar was appointed as a Director was appointed as a Director on 24 Jun 2009 & has been associated with this company since 15 years 6 months .

    24 Jun 2009

  • Charges

    A charge with Canara Bank of Rs. 0.50 Cr registered on 13 May 1998 with Charge ID 90197361 was modified on 29 Mar 2001.

    29 Mar 2001

  • Charges

    A charge with Canara Bank of Rs. 0.50 Cr registered on 13 May 1998 with Charge ID 90199099 was modified on 29 Mar 2001.

    29 Mar 2001

  • Charges

    A charge with Canara Bank amounted to Rs. 0.06 Cr with Charge ID 90199263 was registered on 08 Oct 1999.

    08 Oct 1999

Frequently asked questions

  • Taurus Novelties Limited was incorporated on 11 Jan 1995.

  • The authorized share capital of Taurus Novelties Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.09 Cr.

  • Currently 3 directors are associated with Taurus Novelties Limited.

    • Ranganathan Vasantha Kumar
    • Gummadi Subba Rao
    • Rajagopalan Srivathsan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Taurus Novelties Limited is No. 9 Old No. 402 3Rd Floor, 30Th Main 9Th Cross J.P. Nagar 1St Phase, Bangalore, Karnataka, India, 560078.

  • The corporate identification number (CIN) of Taurus Novelties Limited is U85110KA1995PLC016941 and the company number is 016941 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Taurus Novelties Limited has experienced an downturn of -4.12%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Taurus Novelties Limited amount to ₹ 5.19 Cr.

  • The most recent Balance Sheet for Taurus Novelties Limited was filed with the ROC on 31 Mar 2021.

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