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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:

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

  • 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 Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.25 Cr
  • Company Age 7 Year, 8 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

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

NameDesignationAppointment DateStatus
Dilip DeshmukhDirector28 Mar 2018Current
Hitesh AgrawalDirector01 Jun 2020Current
Rajesh Kumar AgarwalDirector28 Mar 2018Current

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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
  • 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
58.57%
Revenue from Operations
58.57%
Total Assets
1.76%
Profit or Loss
-51.43%
Net Worth
4.44%
EBITDA
273.23%

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 Indicator graph

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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

DateLenderAmountStatus
25 Apr 2024Others₹2.00 CrOpen
30 Jul 2021Axis Bank Limited₹1.00 MOpen
31 May 2021Others₹3.08 CrOpen
30 Sep 2019Others₹4.75 CrOpen

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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 growth trends for Novak Wires Private Limited

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.

Latest Updates, News, and FAQs on Novak Wires

Recent Activity within the Organization

  • Charges

    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 recorded as a recent event.

  • Annual General Meeting

    Progress on Novak Wires Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records. was documented.

  • 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

    The activity Novak Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

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

  • Charges

    The activity A charge with Others amounted to Rs. 3.08 Cr with Charge ID 100448066 was registered on 31 May 2021. was completed.

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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