About Novagold Petro-Resources Limited
Data last updated:
Novagold Petro-Resources Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 09 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L23200GJ1994PLC022009. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from BSE on 24 Feb 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.52 Cr. It is led by directors including Satish Vadilal Raval and Tejashree Ajaybhai Jadhav.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at A – 202 Vrindavan Town Ship Iskon Mandir Road Gotri, Vadodara, Gujarat, India – 390021.
As per the financials filed for FY 2017, the company reported a revenue of ₹86.32 Lakh. For the same year it recorded a net loss of ₹1,768 (net margin 0%) and EBITDA of ₹12,656 (EBITDA margin 0.1%).
Court records list 6 cases involving the company, including 6 filed against it. The company has 160 deals on record (160 market trades); the latest was in March 2015.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website novagoldpetro.com.
Company details
CIN history
Novagold Petro-Resources has one previous CIN (Corporate Identification Number): U23200GJ1994PLC022009. The current CIN is L23200GJ1994PLC022009, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L23200GJ1994PLC022009 | Current |
| U23200GJ1994PLC022009 | Previous |
Contact details
Novagold Petro-Resources Limited's registered office is in Vadodara, Gujarat. Its website is novagoldpetro.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA – 202 Vrindavan Town Ship Iskon Mandir Road Gotri, Vadodara, Gujarat, India – 390021
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
To see the full contact details of Novagold Petro-Resources 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 Novagold Petro-Resources is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Novagold Petro-Resources Limited, buy the company report.
Financials of Novagold Petro-Resources Limited
FY 2018 filings availableNovagold Petro-Resources Limited reported revenue of ₹86.32 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹86.32 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹12,656 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1,768 | ||
| 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 | 0.1% | ||
| Net Profit Margin | 0% | ||
| 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 Novagold Petro-Resources Limited, buy the company report.
Board of directors of Novagold Petro-Resources Limited
Novagold Petro-Resources has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejashree Ajaybhai Jadhav Also directs: Girish Hotels Resorts and Health Farm Ltd, Sunbright Stock Broking Limited, Dynachem Pharmaceuticals (Exports)Ltd and 3 more | Additional Director | 09 Aug 2017 | 9 Years 3 Months | Current |
| Satish Vadilal Raval Also directs: Tribhuvan Housing Limited, Millennium Cybertech Limited, Insta Finance Limited and 2 more | Director | 10 Jan 2014 | 12 Years 10 Months | Current |
| Mahendrabhai Panchal | Additional Director | 11 Jul 2016 | 10 Years 4 Months | Current |
Auditor
Novagold Petro-Resources Limited is audited by MUKESH M CHOKSHI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKESH M CHOKSHI & CO. | FY 2017 | 131513W |
Shareholding
The shareholding of Novagold Petro-Resources Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Novagold Petro-Resources Limited, buy the company report.
Deals & funding
Novagold Petro-Resources Limited has 160 deals on record (160 market trades); the latest was in March 2015.
Deals on record (5 of 160)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2012 | Market trade | ₹3.4 Lakh | Buyer: Sonal International Limited , an individual Seller: 3 individuals |
| Nov 2011 | Market trade | ₹3.1 Lakh | Buyer: Sonal International Limited , an individual Seller: 2 individuals |
| Jul 2011 | Market trade | ₹2.5 Lakh | Buyer: an individual Seller: Sonal International Limited |
| Feb 2011 | Market trade | ₹1.7 Lakh | Buyer: Sonal International Limited |
| Aug 2007 | Market trade | ₹7.7 Lakh | Buyer: Pro-Leasing and Finance Limited Seller: 2 individuals |
To see the full deal history of Novagold Petro-Resources 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
Novagold Petro-Resources Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by The Registrar of Companies | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The Registrar of Companies | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SEBI MA) | Filed against the company by Securities and Exchange Board of India | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SEBI SPL CASE) | Filed against the company by Securities and Exchange Board of India | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Registrar of Companies | Disposed |
To see the full case history of Novagold Petro-Resources 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 Novagold Petro-Resources Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novagold Petro-Resources 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 Novagold Petro-Resources Limited, buy the company report.
Recent activity
Novagold Petro-Resources Limited has 28 board changes on record since 1994: 14 appointments and 14 cessations. The latest: Mahendrabhai Panchal ceased to be Additional Director on 11 Apr 2019.
19 earlier events are in the company report.
Frequently asked questions
Novagold Petro-Resources is an active public limited company based in Vadodara, Gujarat, India. The company works in advisory, within the financial services industry. It was incorporated on 09 May 1994 (32+ years old) and is registered under CIN L23200GJ1994PLC022009.
Novagold Petro-Resources has 3 current directors:
- Tejashree Ajaybhai Jadhav - Additional Director
- Satish Vadilal Raval - Director
- Mahendrabhai Panchal - Additional Director
The latest financial statements of Novagold Petro-Resources on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Novagold Petro-Resources has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Novagold Petro-Resources is L23200GJ1994PLC022009. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novagold Petro-Resources is recorded as a listed company by MCA, but its shares were delisted from BSE on 24 Feb 2023 · compulsory delisting, and no longer trade on a stock exchange.
Novagold Petro-Resources has 6 court cases on record: 6 filed against it.
Novagold Petro-Resources was incorporated on 09 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Novagold Petro-Resources has 160 deals on record (160 market trades); the latest was in March 2015.
Mahendrabhai Panchal ceased to be Additional Director on 11 Apr 2019. Satish Vadilal Raval ceased to be Director on 11 Apr 2019. Tejashree Ajaybhai Jadhav ceased to be Additional Director on 11 Apr 2019. Novagold Petro-Resources has 28 board changes on record in total.
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