Nalvar Drives and Technologies Private Limited
About Nalvar Drives and Technologies Private Limited
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Nalvar Drives and Technologies Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 02 December 2014.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U31900TN2014PTC098282. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Manivasagan Kavitha and Chandrasekar Ramasubrahmanyam.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at S Industrial Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2017, the company reported a revenue of ₹18 Lakh. For the same year it recorded a net loss of ₹34,096 (net margin -1.9%) and EBITDA of -₹34,096 (EBITDA margin -1.9%).
Company details
Contact details
Nalvar Drives and Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.T – 2 Phase II 1st Main Road SIDCO WomenS Industrial Park Thirumullaivoya, L Kattur, Chennai, Tamil Nadu, India – 600062
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment, Electrical Equipment
To see the full contact details of Nalvar Drives and Technologies 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 Nalvar Drives and Technologies Private Limited
FY 2019 filings availableNalvar Drives and Technologies Private Limited reported revenue of ₹18 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹18 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹34,096 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹34,096 | ||
| 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 | -1.9% | ||
| Net Profit Margin | -1.9% | ||
| 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 Nalvar Drives and Technologies Private Limited, buy the company report.
Board of directors of Nalvar Drives and Technologies Private Limited
Nalvar Drives and Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manivasagan Kavitha Also directs: RSP Control Projects Private Limited | Director | 02 Dec 2014 | 11 Years 11 Months | As last reported |
| Chandrasekar Ramasubrahmanyam Also directs: RSP Control Projects Private Limited | Director | 02 Dec 2014 | 11 Years 11 Months | As last reported |
| Shanmugasundaram Manivasagan Also directs: RSP Control Projects Private Limited | Director | 02 Dec 2014 | 11 Years 11 Months | As last reported |
Auditor
Nalvar Drives and Technologies Private Limited is audited by VVISWANATHAN&ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VVISWANATHAN&ASSOCIATES | FY 2017 | 013713S |
Shareholding
The shareholding of Nalvar Drives and Technologies Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nalvar Drives and Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nalvar Drives and Technologies 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 Nalvar Drives and Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nalvar Drives and Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nalvar Drives and Technologies Private Limited, buy the company report.
Recent activity
Nalvar Drives and Technologies Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Alagesan Karthikrajan ceased to be Director on 22 Sep 2024.
Frequently asked questions
Nalvar Drives and Technologies 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.
Nalvar Drives and Technologies was a private limited company based in Chennai, Tamil Nadu, India. The company worked in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 02 December 2014 and is registered under CIN U31900TN2014PTC098282. The company has been struck off by the Registrar of Companies and is no longer operational.
Nalvar Drives and Technologies had 3 directors:
- Manivasagan Kavitha - Director
- Chandrasekar Ramasubrahmanyam - Director
- Shanmugasundaram Manivasagan - Director
The CIN (Corporate Identification Number) of Nalvar Drives and Technologies is U31900TN2014PTC098282. 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 Nalvar Drives and Technologies is at Plot No.T – 2 Phase II 1st Main Road SIDCO WomenS Industrial Park Thirumullaivoya, L Kattur, Chennai, Tamil Nadu, India – 600062.
Nalvar Drives and Technologies was incorporated on 02 December 2014. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Nalvar Drives and Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Nalvar Drives and Technologies has 1 GST registration on record and it is cancelled or inactive.
Nalvar Drives and Technologies operated in the electrical industry, in the general purpose and special purpose machinery and equipment segment. It worked in this industry before it was struck off.
Alagesan Karthikrajan ceased to be Director on 22 Sep 2024. Chandrasekar Ramasubrahmanyam was appointed as Director on 02 Dec 2014. Manivasagan Kavitha was appointed as Director on 02 Dec 2014. Nalvar Drives and Technologies has 4 board changes on record in total.
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