Nova Steels (India) Limited

Nova Steels (India) Limited - metals and minerals in Bilaspur, Chattisgarh, India. Directors, charges & compliance details.
CIN L27106CT1973PLC010053 Incorporated 12 July 1973 ROC Chhattisgarh HQ Bilaspur, Chattisgarh, India
Dissolved (Liquidated) Listed Public Limited Company metals and minerals
Data last updated
Authorised capital
₹60 Cr
Registered with MCA
Paid-up capital
₹46.64 Cr
Issued & subscribed
Satisfied charges
₹30 Cr
No open charges
Company age
53 yrs
Est. 1973
Directors on board
5
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary
Last financials
Mar 2019
Balance sheet date
Last AGM
28 Sep 2019
Annual general meeting

About Nova Steels (India) Limited

Data last updated:

Nova Steels (India) Limited was a public limited company based in Bilaspur, Chattisgarh, 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 steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 July 1973.

The company was registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN L27106CT1973PLC010053. It is a listed company.

The company had an authorised share capital of ₹60 Cr and a paid-up capital of ₹46.64 Cr. It was led by directors including Sarowar Anand Puri (Whole-Time Director) and Narendra Chauhan.

Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Sr. Mig No. – 49 Parijat Extension Nehru Nagar, Bilaspur, Chattisgarh, India – 495001.

As per MCA filings, the company had satisfied charges of ₹30 Cr on record.

Company Details of Nova Steels (India) Limited
CIN L27106CT1973PLC010053
Registration Number 010053
Incorporation Date 12 July 1973
ROC Chhattisgarh
Listing Status Listed
Company Status Dissolved (Liquidated)
Date of Last AGM 28 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Sr. Mig No. – 49 Parijat Extension Nehru Nagar, Bilaspur, Chattisgarh, India – 495001
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing
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Financials, compliance, directors, charges, ownership and filings for Nova Steels (India) Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Nova Steels (India) Limited

The main business activity of Nova Steels (India) is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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Financials of Nova Steels (India) Limited FY 2019 filings available

Financial Statement Summary of Nova Steels (India) Limited

MetricsFY 2016-17FY 2015-16FY 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 Steels (India) Limited

MetricsFY 2016-17FY 2015-16FY 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 Steels (India) are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Auditor Details of Nova Steels (India) Limited

Nova Steels (India) Limited is audited by ANTIMA & GOEL for the financial year 2017.

NameStatusAppointment DateCessation Date
ANTIMA & GOELLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors and KMP of Nova Steels (India) Limited

Nova Steels (India) Limited currently reports 4 directors and 1 key managerial person. 4 former directors have served the organization.

Directors and KMP (as last reported)
NameDesignationAppointment DateTenureStatus
Sarowar Anand PuriWhole-Time Director10 Aug 20197 Years 1 MonthsAs last reported
Narendra ChauhanDirector10 Aug 20197 Years 1 MonthsAs last reported
Vishnu Kumar KediaCompany Secretary13 Mar 199531 Years 6 MonthsAs last reported
Somashekara DkAdditional Director04 Nov 201411 Years 11 MonthsAs last reported
Anand Swaroop SharmaAdditional Director17 Jan 201412 Years 8 MonthsAs last reported

Ownership and Shareholding of Nova Steels (India) Limited

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Shareholding and ownership data

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Charges & Borrowings of Nova Steels (India) Limited

Open charges
None
Satisfied charges
₹30 Cr
Breakdown by lending institutions
Industrial Development Bank of India₹22.50 Cr
Unit Trust of India₹7.50 Cr
Latest charge details
DateLenderAmountStatus
18 Apr 1994Unit Trust of India₹7.5 CrSatisfied
19 Jan 1994Industrial Development Bank of India₹22.5 CrSatisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Nova Steels (India) Limited

Employment history and EPFO contributions of people linked to Nova Steels (India).

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Nova Steels (India) Limited

Nova Steels (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L27106CT1973PLC010053, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L27106CT1973PLC010053Current
U27106CT1973PLC010053Previous
L27106MP1995PLC010053Previous

Recent Activity on Nova Steels (India) Limited

Nova Steels (India) Limited has 13 board changes on record since 1995: 9 appointments and 4 cessations. The latest: Narendra Chauhan was appointed as Director on 10 Aug 2019.

AGM
Nova Steels (India) Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.
Appointed
Narendra Chauhan was appointed as Director.
Appointed
Sarowar Anand Puri was appointed as Whole-Time Director.
Ceased
Surjawati ceased to be Director.
Filing
Nova Steels (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chhattisgarh.
Appointed
Surjawati was appointed as Director.
Ceased
Dharam Pal Nayyar ceased to be Director.
Appointed
Somashekara Dk was appointed as Additional Director.
Appointed
Anand Swaroop Sharma was appointed as Additional Director.
Ceased
Subhash Chand Gupta ceased to be Director.
Ceased
Prakash Chand Seddey ceased to be Director.
Charges
A charge registered on 18 Apr 1994 via Charge ID 90202939 with Unit Trust Of India was fully satisfied on 29 Nov 2007.

10 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Nova Steels (India) Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Nova Steels (India) Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Nova Steels (India) Limited

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Corporate group structure

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GST Compliance of Nova Steels (India) Limited

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GST registrations and filing compliance

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MCA Filings & Documents of Nova Steels (India) Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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  • Annual returns and statements
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Frequently Asked Questions about Nova Steels (India) Limited

Nova Steels (India) 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 Steels (India) was a public limited company based in Bilaspur, Chattisgarh, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 July 1973 and is registered under CIN L27106CT1973PLC010053. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.

Nova Steels (India) was incorporated on 12 July 1973. It is registered with the Registrar of Companies, Chhattisgarh.

Nova Steels (India) had 5 directors and KMP:

The CIN (Corporate Identification Number) of Nova Steels (India) is L27106CT1973PLC010053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes, Nova Steels (India) is a listed company.

The registered office of Nova Steels (India) is at Sr. Mig No. – 49 Parijat Extension Nehru Nagar, Bilaspur, Chattisgarh, India – 495001.

Nova Steels (India) has an authorised share capital of ₹60 Cr and a paid-up capital of ₹46.64 Cr.

Nova Steels (India) operated in the metals and minerals industry, in the steel manufacturing and processing segment.

Narendra Chauhan was appointed as Director on 10 Aug 2019. Sarowar Anand Puri was appointed as Whole-Time Director on 10 Aug 2019. Surjawati ceased to be Director on 03 Aug 2019. Nova Steels (India) has 13 board changes on record in total.

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