Novak Wires Private Limited - Company Profile

It is a manufacturing private limited company based in Bangalore, Karnataka, India, established in 2018.
2018 Bangalore, Karnataka, India Active
Last Updated:
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About Novak Wires Private Limited

Novak Wires Private Limited, a active private limited company, was established on 28 March 2018 in Bangalore, Karnataka, India. Engaging in power cables within the manufacturing sector, it holds CIN: U27205KA2018PTC111758. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.25 Cr.

Employing 21 professional, Its leadership includes Dilip Deshmukh (Director), Hitesh Agrawal (Director), Rajesh Kumar Agarwal (Director). It holds ₹9.93 Cr open charges and no settled loans. Its latest AGM occurred on 29 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. M/2 1St Stage, 5Th Cross, Peenya Industrial Area, Peenya, Bangalore, Karnataka, 560058.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U27205KA2018PTC111758

  • Registration Number

    111758

  • Incorporation Date

    28 March 2018

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹3.25 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.25 Cr
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.93 Cr
  • Revenue Growth **** 58.57%
  • Profit Growth **** -51.43%
  • Ebitda **** 273.23%
  • Net Worth 4.44%
  • Total Assets **** 1.76%
Company report

Novak Wires Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Novak Wires Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Novak Wires Private Limited?
Current Directors
Name Designation Appointment Date Status
Dilip Deshmukh Director 28 Mar 2018 Current
Hitesh Agrawal Director 01 Jun 2020 Current
Rajesh Kumar Agarwal Director 28 Mar 2018 Current

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Financial Performance of Novak Wires.

Novak Wires Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.57% increase. The company also saw a substantial fall in profitability, with a 51.43% decrease in profit. The company's net worth moved up by a moderate rise of 4.44%.

Novak Wires revenue growth over time
Novak Wires profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 58.57%
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Revenue from Operations
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 58.57%
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*******
*******
*******
Total Assets
*******
 1.76%
*******
*******
*******
*******
Profit or Loss
*******
 -51.43%
*******
*******
*******
*******
Net Worth
*******
 4.44%
*******
*******
*******
*******
EBITDA
*******
 273.23%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Novak Wires?

In 2023, Novak Wires had a public holding of 32.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹99,338,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 9.83 Cr
  • Axis Bank Limited : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
25 Apr 2024 Others ₹2.00 Cr Open
30 Jul 2021 Axis Bank Limited ₹1.00 M Open
31 May 2021 Others ₹3.08 Cr Open
30 Sep 2019 Others ₹4.75 Cr Open

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How Many Employees Work at Novak Wires?

Novak Wires has a workforce of 21 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Novak Wires, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Novak Wires's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Novak Wires
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others of Rs. 3.08 Cr registered on 31 May 2021 with Charge ID 100448066 was modified on 11 Feb 2025. was documented.

  • Annual General Meeting

    Novak Wires Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100915316 was registered on 25 Apr 2024. was completed.

  • Balance Sheet

    Novak Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100472572 was registered on 30 Jul 2021. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 3.08 Cr with Charge ID 100448066 was registered on 31 May 2021. was documented.

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Frequently Asked Questions
What is the CIN of Novak Wires Private Limited?

The CIN of Novak Wires Private Limited is U27205KA2018PTC111758.

Where is Novak Wires Private Limited headquartered?

Novak Wires Private Limited is headquartered at No. M/2 1St Stage, 5Th Cross, Peenya Industrial Area, Peenya, Bangalore, Karnataka, 560058.

When was Novak Wires Private Limited incorporated?

Novak Wires Private Limited was incorporated on 28 March 2018.

Who are the current directors of Novak Wires Private Limited?

The current directors of Novak Wires Private Limited are

What is the primary industry of Novak Wires Private Limited?

The primary industry of Novak Wires Private Limited is Manufacturing.

Is Novak Wires Private Limited a listed company?

Novak Wires Private Limited is unlisted.

What is the capital structure of Novak Wires Private Limited?

The authorized capital of Novak Wires Private Limited is ₹5.00 Cr, and the paid-up capital is ₹3.25 Cr.

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