Altar Novelty Creations Private Limited
About Altar Novelty Creations Private Limited
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Altar Novelty Creations Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 November 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U36940MH2012PTC237878. Its GSTIN is 27AALCA1192R1Z1 (Maharashtra).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Elizabeth Satyavrata and Lathija Devaraj.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 1 Chuim 1st Floor Dr. Ambedkar Road Khar West, Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2020, the company reported a revenue of ₹26.11 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹3.47 Lakh (net margin -13.3%) and EBITDA of -₹2.48 Lakh (EBITDA margin -9.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over five years.
Company details
Contact details
Altar Novelty Creations Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 Chuim 1st Floor Dr. Ambedkar Road Khar West, Mumbai, Maharashtra, India – 400052
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Altar Novelty Creations 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
Business activity
The main business activity of Altar Novelty Creations is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Altar Novelty Creations Private Limited, buy the company report.
Financials of Altar Novelty Creations Private Limited
FY 2024 filings availableAltar Novelty Creations Private Limited reported revenue of ₹26.11 Lakh (down 23% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.11 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.47 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.5% | ||||
| Net Profit Margin | -13.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Altar Novelty Creations Private Limited, buy the company report.
Board of directors of Altar Novelty Creations Private Limited
Altar Novelty Creations has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Elizabeth Satyavrata | Director | 14 Nov 2012 | 13 Years 11 Months | As last reported |
| Lathija Devaraj | Director | 14 Nov 2012 | 13 Years 11 Months | As last reported |
| Sheila Kripalani | Director | 14 Nov 2012 | 13 Years 11 Months | As last reported |
Shareholding
The shareholding of Altar Novelty Creations Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Altar Novelty Creations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Altar Novelty Creations 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 Altar Novelty Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Altar Novelty Creations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCA1192R1Z1 | Maharashtra | Active | 29 Jul 2017 |
To see the full GST registrations and return filing status of Altar Novelty Creations Private Limited, buy the company report.
Recent activity
Altar Novelty Creations Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Elizabeth Satyavrata was appointed as Director on 14 Nov 2012.
Frequently asked questions
Altar Novelty Creations has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Altar Novelty Creations was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 14 November 2012 and is registered under CIN U36940MH2012PTC237878. The company has been struck off by the Registrar of Companies and is no longer operational.
Altar Novelty Creations had 3 directors:
- Elizabeth Satyavrata - Director
- Lathija Devaraj - Director
- Sheila Kripalani - Director
The CIN (Corporate Identification Number) of Altar Novelty Creations is U36940MH2012PTC237878. 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 Altar Novelty Creations is at 1 Chuim 1st Floor Dr. Ambedkar Road Khar West, Mumbai, Maharashtra, India – 400052.
Altar Novelty Creations was incorporated on 14 November 2012. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Altar Novelty Creations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Altar Novelty Creations is 27AALCA1192R1Z1, registered in Maharashtra.
Altar Novelty Creations operated in the manufacturing industry, in the textile and fabric production segment. It worked in this industry before it was struck off.
Elizabeth Satyavrata was appointed as Director on 14 Nov 2012. Lathija Devaraj was appointed as Director on 14 Nov 2012. Sheila Kripalani was appointed as Director on 14 Nov 2012.
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