Novus Tradestar Private Limited
About Novus Tradestar Private Limited
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Novus Tradestar Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 08 January 1996.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1996PTC096022. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1.78 Cr and a paid-up capital of ₹1.16 Cr. It was formerly known as Choice Tradestar Private Limited and Shubh Clothing Company Private Limited. It was led by directors Mohd Latif Khan Ummed Ali and Pikesh Sitaram Sharma.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 147 Floor 1 Plot No.154 Swadeshi Market Dr Veigas Street Kalbadevi, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.34 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹15.34 Lakh (net margin 65.7%) and EBITDA of ₹23.1 Lakh (EBITDA margin 99%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 62% over five years.
Company details
Name history
Novus Tradestar has undergone 2 name changes throughout its history. The company was previously known as Choice Tradestar Private Limited, and Shubh Clothing Company Private Limited. The current legal name is Novus Tradestar Private Limited.
| Company Name | Status |
|---|---|
| Novus Tradestar Private Limited | Current |
| Choice Tradestar Private Limited | Previous |
| Shubh Clothing Company Private Limited | Previous |
CIN history
Novus Tradestar has one previous CIN (Corporate Identification Number): U17110MH1996PTC096022. The current CIN is U74999MH1996PTC096022, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH1996PTC096022 | Current |
| U17110MH1996PTC096022 | Previous |
Contact details
Novus Tradestar Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address147 Floor 1 Plot No.154 Swadeshi Market Dr Veigas Street Kalbadevi, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Novus Tradestar Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Novus Tradestar Private Limited
FY 2023 filings availableNovus Tradestar Private Limited reported revenue of ₹23.34 Lakh (down 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years, including a 16% fall in the latest year. EBITDA fell 7% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹23.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99% | ||||
| Net Profit Margin | 65.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Novus Tradestar Private Limited, buy the company report.
Board of directors of Novus Tradestar Private Limited
Novus Tradestar has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Latif Khan Ummed Ali Also directs: Koffee Break Pictures Limited, Badnoobs Technology Private Limited | Director | 04 Jul 2018 | 8 Years 4 Months | As last reported |
| Pikesh Sitaram Sharma | Director | 12 Apr 2021 | 5 Years 6 Months | As last reported |
Auditor
Novus Tradestar Private Limited is audited by RISHI SEKHRI AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI SEKHRI AND ASSOCIATES | FY 2022 | 128216W |
Shareholding
The shareholding of Novus Tradestar Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Novus Tradestar Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Novus Tradestar Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Novus Tradestar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novus Tradestar has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Novus Tradestar Private Limited, buy the company report.
Recent activity
Novus Tradestar Private Limited has 15 board changes on record since 2009: 2 appointments and 13 cessations. The latest: Pikesh Sitaram Sharma ceased to be Additional Director on 30 Nov 2021.
6 earlier events are in the company report.
Frequently asked questions
Novus Tradestar has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Novus Tradestar was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 08 January 1996 and is registered under CIN U74999MH1996PTC096022. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Novus Tradestar was incorporated on 08 January 1996. It is registered with the Registrar of Companies, Mumbai.
Novus Tradestar had 2 directors:
- Mohd Latif Khan Ummed Ali - Director
- Pikesh Sitaram Sharma - Director
The CIN (Corporate Identification Number) of Novus Tradestar is U74999MH1996PTC096022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Novus Tradestar is at 147 Floor 1 Plot No.154 Swadeshi Market Dr Veigas Street Kalbadevi, Mumbai, Maharashtra, India – 400002.
The latest financial statements of Novus Tradestar on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Novus Tradestar has 2 GST registrations on record and all of them are cancelled or inactive.
Novus Tradestar operated in the financial services industry, in the diversified financial services segment.
Pikesh Sitaram Sharma ceased to be Additional Director on 30 Nov 2021. Anil Anant Mahadik ceased to be Additional Director on 12 Apr 2021. Pikesh Sitaram Sharma was appointed as Director on 12 Apr 2021. Novus Tradestar has 15 board changes on record in total.
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