About Nova Electro Magnetics Limited
Data last updated:
Nova Electro Magnetics Limited was a public limited company based in Chennai, Tamil Nadu, 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 21 November 1989.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN L93090TN1989PLC033430. It is a listed company.
The company had an authorised share capital of ₹100 Cr and a paid-up capital of ₹16.41 Cr. It was led by directors including Sarowar Anand Puri (Whole-Time Director) and Surjawati.
Its last annual general meeting (AGM) was held on 22 August 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 1A Vedammal Avenue Dr.Subaraya Nagar Main Road Kodambakkam, Chennai, Tamil Nadu, India – 600024.
As per MCA filings, the company had open charges of ₹4.92 Cr and satisfied charges of ₹156.9 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is novaelectro.co.in.
CIN History of Nova Electro Magnetics Limited
Nova Electro Magnetics has one previous CIN (Corporate Identification Number): U93090TN1995PLC033430. The current CIN is L93090TN1989PLC033430, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L93090TN1989PLC033430 | Current |
| U93090TN1995PLC033430 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1A Vedammal Avenue Dr.Subaraya Nagar Main Road Kodambakkam, Chennai, Tamil Nadu, India – 600024
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Nova Electro Magnetics Limited
The main business activity of Nova Electro Magnetics is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nova Electro Magnetics Limited FY 2018 filings available
Financial Statement Summary of Nova Electro Magnetics Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• |
| 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 of Nova Electro Magnetics Limited
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nova Electro Magnetics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Nova Electro Magnetics Limited
Nova Electro Magnetics has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surjawati | Director | 10 May 2016 | 10 Years 5 Months | As last reported |
| Narendra Chauhan | Director | 13 Sep 2009 | 17 Years 1 Months | As last reported |
| Sarowar Anand Puri | Whole-Time Director | 24 Oct 1990 | 35 Years 11 Months | As last reported |
| Somashekara Dk | Additional Director | 03 Nov 2014 | 11 Years 11 Months | As last reported |
Auditor Details of Nova Electro Magnetics Limited
Nova Electro Magnetics Limited is audited by M/S ANTIMA & GOEL for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/S ANTIMA & GOEL | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Nova Electro Magnetics Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nova Electro Magnetics Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jul 1995 | Canara Bank | ₹1.45 Cr | Open |
| 25 Jun 1991 | Canara Bank | ₹1.47 Cr | Open |
| 11 Oct 1990 | Canara Bank | ₹2 Cr | Open |
| 01 Mar 1996 | Indian Bank | ₹36.35 Cr | Satisfied |
| 02 Aug 1995 | Industrial Development Bank of India | ₹25 Cr | Satisfied |
Total charge records: 20 View all charges
Legal Cases of Nova Electro Magnetics Limited
Nova Electro Magnetics Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (WVMP) | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Nova Electro Magnetics Limited
Employment history and EPFO contributions of people linked to Nova Electro Magnetics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nova Electro Magnetics Limited
Nova Electro Magnetics Limited has 8 board changes on record since 1990: 6 appointments and 2 cessations. The latest: Surjawati was appointed as Director on 10 May 2016.
41 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nova Electro Magnetics Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nova Electro Magnetics Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nova Electro Magnetics Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nova Electro Magnetics Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nova Electro Magnetics Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nova Electro Magnetics Limited
Nova Electro Magnetics 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.
Nova Electro Magnetics was a public limited company based in Chennai, Tamil Nadu, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 21 November 1989 and is registered under CIN L93090TN1989PLC033430. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Nova Electro Magnetics was incorporated on 21 November 1989. It is registered with the Registrar of Companies, Chennai.
Nova Electro Magnetics had 4 directors:
- Sarowar Anand Puri - Whole-Time Director
- Surjawati - Director
- Narendra Chauhan - Director
- Somashekara Dk - Additional Director
The CIN (Corporate Identification Number) of Nova Electro Magnetics is L93090TN1989PLC033430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Nova Electro Magnetics is a listed company.
The registered office of Nova Electro Magnetics is at 1A Vedammal Avenue Dr.Subaraya Nagar Main Road Kodambakkam, Chennai, Tamil Nadu, India – 600024.
Nova Electro Magnetics can be reached through the website novaelectro.co.in. Its registered office is in Chennai, Tamil Nadu, India.
Nova Electro Magnetics has an authorised share capital of ₹100 Cr and a paid-up capital of ₹16.41 Cr.
Nova Electro Magnetics operated in the consumer electronics and durables industry, in the electronics manufacturing segment.