About Noesis Industries Limited
Data last updated:
Noesis Industries Limited was a public limited company based in New Delhi, Delhi, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 03 December 1986.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN L32109DL1986PLC026273. The company has 3 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 22 Apr 2021 · winding up and from BSE on 10 Jun 2021 · compulsory delisting, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹36.74 Cr and a paid-up capital of ₹26.33 Cr. It was formerly known as Media Video Limited and Mvl Industries Limited. It was led by directors including Prem Adip Rishi (Managing Director) and Rajesh Galhotra.
Its last annual general meeting (AGM) was held on 27 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 1201 B 12th Floor Hemkunt Chamber 89 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2017, the company reported a revenue of ₹23,338, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹76.12 Lakh and EBITDA of -₹28.99 Lakh.
The company was associated with 2 brands: Noesis Industries and Media Video Online. As per MCA filings, the company had open charges of ₹886.32 Cr and satisfied charges of ₹193.65 Cr on record. Court records list 87 cases involving the company, including 19 filed by the company and 68 filed against it; 14 cases are pending. The company has 16 deals on record (15 market trades, 1 funding round), with disclosed funding of ₹6.97 Cr; the latest was in November 2014.
The last known website on record is mvlindustries.in.
Company details
Name history
Noesis Industries has undergone 2 name changes throughout its history. The company was previously known as Media Video Limited, and Mvl Industries Limited. The current legal name is Noesis Industries Limited.
| Company Name | Status |
|---|---|
| Noesis Industries Limited | Current |
| Media Video Limited | Previous |
| Mvl Industries Limited | Previous |
Contact details
Noesis Industries Limited's registered office is in New Delhi, Delhi. Its website is mvlindustries.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1201 B 12th Floor Hemkunt Chamber 89 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Noesis Industries 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
Brands
Noesis Industries operates two associated brands: Noesis Industries and Media Video Online. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | mediavideoonline.com | |
| Delivers comprehensive solutions for appliances and electrical manufacturing services. | mvlindustries.in |
Business activity
The main business activity of Noesis Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Noesis Industries Limited, buy the company report.
Financials of Noesis Industries Limited
FY 2017 filings availableNoesis Industries Limited reported revenue of ₹23,338 (down 73% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year. EBITDA rose 79% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹23,338 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹28.99 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹76.12 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| 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 Noesis Industries Limited, buy the company report.
Board of directors of Noesis Industries Limited
Noesis Industries has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Galhotra Also directs: Media Magnetic Cassettes Limited, Media Holdings Private Limited | Director | 12 Jan 1995 | 31 Years 9 Months | As last reported |
| Vijay Kumar Sood Also directs: MVL Limited | Director | 01 Jul 2008 | 18 Years 3 Months | As last reported |
| Deepak Gupta Also directs: MVL Limited | Additional Director | 28 May 2018 | 8 Years 5 Months | As last reported |
| Kamal Kumar Jain Also directs: Mapplehill Credits Holdings and Leasing Limited | Director | 25 May 2013 | 13 Years 5 Months | As last reported |
| Prem Adip Rishi Also directs: MVL Limited, Udyan Horticultures Private Limited, Parisar Property Developers Private Limited and 2 more | Managing Director | 03 Dec 1986 | 39 Years 10 Months | As last reported |
Auditor
Noesis Industries Limited is audited by ARUN KISHORE & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARUN KISHORE & CO | FY 2017 | 001898N |
Shareholding
The shareholding of Noesis Industries Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Noesis Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2012 | 10391036 | Punjab & Sind Bank | ₹4 Cr | Open | |
| 15 Mar 2011 | 10280920 | Punjab & Sind Bank | ₹46 Cr | Open | |
| 26 May 2010 | 10230699 | Allahabad Bank | ₹31 Cr | Open | |
| 26 May 2010 | 10225498 | Punjab National Bank (Lead Bank) | ₹201 Cr | Open | |
| 15 Apr 2010 | 10252409 | Canara Bank | ₹128 Cr | Open |
To see the full charge records of Noesis Industries Limited, buy the company report.
Total charge records: 54 View all charges
Deals & funding
Noesis Industries Limited has 16 deals on record (15 market trades, 1 funding round), with disclosed funding of ₹6.97 Cr; the latest was in November 2014.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2014 | Market trade | ₹1.1 Lakh | Buyer: an individual Seller: an individual |
| Aug 2014 | Market trade | ₹2 Lakh | Buyer: an individual Seller: Jyoti Financial Consultant Private Limited |
| Sep 2007 | Market trade | ₹1.09 Cr | Buyer: BP Comtrade Private Limited Seller: BP Comtrade Private Limited |
| Dec 2006 | Market trade | ₹57.6 Lakh | Buyer: MBL and Company Limited Seller: MBL and Company Limited |
| Dec 2006 | Market trade | ₹1.81 Cr | Buyer: H J Securities Private Limited , an individual Seller: H J Securities Private Limited , an individual |
To see the full deal history of Noesis Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Noesis Industries Limited has 87 court cases on record: 19 filed by Noesis Industries, 68 filed against it. 14 cases are pending and 73 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 51 | 50 | 5 |
| High courts | 29 | 14 | 7 |
| Supreme Court | 5 | 2 | 2 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 87)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by Haryana State Industrial and Infrastructure Development Corporation Ltd. Through Its Estate Manager Branch Office at Imt Manesar, ,Gurgaon , Haryana | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by Parisar Property Developers Private Limited and 5 Ors. | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Ifci Factors Limited | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Ifci Factors Ltd. | Pending |
| District court, South West, Delhi | Commercial suit | Filed against the company by Axis Bank Ltd. | Disposed |
To see the full case history of Noesis Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Noesis Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Noesis Industries Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Noesis Industries has 3 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 Noesis Industries Limited, buy the company report.
Recent activity
Noesis Industries Limited has 15 board changes on record since 1986: 10 appointments and 5 cessations. The latest: Kalpana Gupta ceased to be Director on 12 Mar 2019.
102 earlier events are in the company report.
Frequently asked questions
Noesis Industries has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Noesis Industries was a public limited company based in New Delhi, Delhi, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 03 December 1986 and is registered under CIN L32109DL1986PLC026273. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Noesis Industries was incorporated on 03 December 1986. It is registered with the Registrar of Companies, Delhi.
Noesis Industries had 5 directors:
- Prem Adip Rishi - Managing Director
- Rajesh Galhotra - Director
- Vijay Kumar Sood - Director
- Deepak Gupta - Additional Director
- Kamal Kumar Jain - Director
The CIN (Corporate Identification Number) of Noesis Industries is L32109DL1986PLC026273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Noesis Industries is recorded as a listed company by MCA, but its shares were delisted from NSE on 22 Apr 2021 · winding up and from BSE on 10 Jun 2021 · compulsory delisting, and no longer trade on a stock exchange.
The registered office of Noesis Industries is at 1201 B 12th Floor Hemkunt Chamber 89 Nehru Place, New Delhi, Delhi, India – 110019.
Noesis Industries can be reached through the website mvlindustries.in. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Noesis Industries on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 27 September 2017. Year-wise statements from 2015 are in the company report.
No. Noesis Industries has 3 GST registrations on record and all of them are cancelled or inactive.