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:

Taurus Novelties Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.09 Cr
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 5.19 Cr
  • Revenue Growth %
  • Profit Growth -69.16%
  • Ebitda -69.16%
  • Net Worth -4.12%
  • Total Assets -10.21%

About Taurus Novelties

Taurus Novelties Limited (TNL) is Under Liquidation company established on 11 Jan 1995 with its office registered at Bangalore, Karnataka, India and has been running since 30 Year, 3 Months with a paid up capital of 4.09 Cr. According to MCA records, 3 Directors are linked to this company as of 26 Apr 2024.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1995PLC016941

  • Company No.

    016941

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Jan 1995

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals
Company report

Taurus Novelties Limited

Explore comprehensive data for Taurus Novelties Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rajagopalan Srivathsan Country flag representing In Managing Director11-Jan-1995Current

Board Members (2)

NameDesignationAppointment DateStatus
Ranganathan Kumar Country flag representing In Director 24-Jun-2009Current
Gummadi Rao Country flag representing 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%.

Taurus Novelties revenue growth over time
Taurus Novelties profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(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%

What is the Ownership and Shareholding Structure of Taurus Novelties?

In 2019, Taurus Novelties had a promoter holding of 29.14% and a public holding of 70.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.19 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.19 Cr
  • Industrail Development Bank Of India : 1.00 Cr
  • Industrial Development Bank Of India : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Oct 1999Canara Bank₹0.60 MOpen
08 Oct 1999Canara Bank₹0.60 MOpen
13 May 1998Canara Bank₹5.00 MOpen
13 May 1998Canara Bank₹5.00 MOpen
13 May 1998Canara Bank₹2.07 CrOpen

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 growth trends for Taurus Novelties Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Taurus Novelties, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Taurus Novelties's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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.

  • Balance Sheet

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

  • 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 10 months .

  • 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.

  • 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.

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Taurus Novelties Limited?

    Taurus Novelties Limited was incorporated on 11 Jan 1995.

  • What is authorized share capital and paid-up capital of Taurus Novelties Limited?

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

  • Who are the current board members & directors of Taurus Novelties Limited?

    Currently 3 directors are associated with Taurus Novelties Limited.

    • Ranganathan Vasantha Kumar
    • Gummadi Subba Rao
    • Rajagopalan Srivathsan

  • What is the registered address of Taurus Novelties Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Taurus Novelties Limited?

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

  • What change has been observed in the net worth of Taurus Novelties Limited, and by what percentage?

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

  • What are the total open charges for Taurus Novelties Limited?

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

  • When was the last Balance Sheet of Taurus Novelties Limited filed with the ROC?

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

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