About Norvica Realities Private Limited
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Norvica Realities Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45200PN2014PTC150440. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Ranjeet Rangrao Kadam and Vinayak Chintamani Suryavanshi.
Its last annual general meeting (AGM) was held on 19 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Shop No. 1 S.No. 239/3 Safa Complex Shaikh Vasti Wakad, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2018, the company reported a revenue of ₹6.77 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹30.43 Lakh (net margin 4.5%) and EBITDA of ₹1.17 Cr (EBITDA margin 17.2%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
The company has about 60 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.71 Cr on record. Court records list 10 cases involving the company, including 10 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website norvicagroup.com.
Company details
Contact details
Norvica Realities Private Limited's registered office is in Pune, Maharashtra. Its website is norvicagroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop No. 1 S.No. 239/3 Safa Complex Shaikh Vasti Wakad, Pune, Maharashtra, India – 411057
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Norvica Realities 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 Norvica Realities is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Norvica Realities Private Limited, buy the company report.
Financials of Norvica Realities Private Limited
FY 2018 filings availableNorvica Realities Private Limited reported revenue of ₹6.77 Cr (up 55% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over three years, including 55% growth in the latest year. EBITDA fell 5% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹6.77 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.17 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹30.43 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 17.2% | |||
| Net Profit Margin | 4.5% | |||
| 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 Norvica Realities Private Limited, buy the company report.
Board of directors of Norvica Realities Private Limited
Norvica Realities has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjeet Rangrao Kadam Also directs: Norvica Infracon LLP | Director | 21 Mar 2016 | 10 Years 7 Months | Current |
| Vinayak Chintamani Suryavanshi Also directs: Norvica Infracon LLP | Director | 03 Feb 2014 | 12 Years 9 Months | Current |
| Kishor Bandu Khuspe | Director | 03 Feb 2014 | 12 Years 9 Months | Current |
| Rajendra Mohanrao Patil Also directs: Norvica Infracon LLP | Director | 27 Oct 2014 | 12 Years 0 Months | Current |
Auditor
Norvica Realities Private Limited is audited by SHARMA DALIYA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA DALIYA & ASSOCIATES | FY 2018 | 129966W |
Shareholding
The shareholding of Norvica Realities Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Norvica Realities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Aug 2017 | 100175861 | Others | ₹1.71 Cr | Open | |
| 11 May 2016 | 100028041 | Others | ₹50 Lakh | Open | |
| 28 Jan 2015 | 10546547 | Andhra Bank | ₹50 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Norvica Realities Private Limited has 10 court cases on record: 10 filed against it. 8 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 8 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Reg.Sum.Suit) | Filed against the company by Worth Scaffolding LLP Through Suresh K Sharma | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Shiv Shakti Scaffolding Pvt. Ltd. | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Worth Engineering Pvt. Ltd., Through Suresh K Sharma | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Lotus Infracon Through Deepak Shantilal Jain | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by M/S. Lotus Infracon Through Deepak Shantilal Jain | Pending |
To see the full case history of Norvica Realities Private 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 Norvica Realities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Norvica Realities Private Limited has a workforce of 60 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Norvica Realities 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 Norvica Realities Private Limited, buy the company report.
Recent activity
Norvica Realities Private Limited has 14 board changes on record since 2014: 9 appointments and 5 cessations. The latest: Abhishek Chandrakant Dalvi ceased to be Director on 25 Feb 2019.
8 earlier events are in the company report.
Frequently asked questions
Norvica Realities is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 February 2014 (12+ years old) and is registered under CIN U45200PN2014PTC150440.
Norvica Realities has 4 current directors:
- Ranjeet Rangrao Kadam - Director
- Vinayak Chintamani Suryavanshi - Director
- Kishor Bandu Khuspe - Director
- Rajendra Mohanrao Patil - Director
The latest financial statements of Norvica Realities on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 19 September 2018. Year-wise statements from 2015 are in the company report.
No. Norvica Realities has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Norvica Realities is U45200PN2014PTC150440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Norvica Realities has 10 court cases on record: 10 filed against it. 8 are pending. Most are in the district courts.
Norvica Realities was incorporated on 03 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Abhishek Chandrakant Dalvi ceased to be Director on 25 Feb 2019. Mahadev Lokhande ceased to be Director on 10 Apr 2016. Amol Bharat Bhagwat ceased to be Director on 22 Mar 2016. Norvica Realities has 14 board changes on record in total.
Norvica Realities can be reached through the website norvicagroup.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Norvica Realities is at Shop No. 1 S.No. 2393 Safa Complex Shaikh Vasti Wakad, Pune, Maharashtra, India – 411057.
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