Novares India Automotive Private Limited - Company Profile

It is a automotive foreign private limited company based in Chengalpet, Tamil Nadu, India, established in 2005.
2005 Chengalpet, Tamil Nadu, India Active
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About Novares India Automotive Private Limited

Novares India Automotive Private Limited, a active foreign private limited company, was established on 31 May 2005 in Chengalpet, Tamil Nadu, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U74999TN2005FTC080198. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹1.98 Cr.

Formerly known as Mecaplast India Private Limited. It upholds a compliant status. Employing 162 professional, Its leadership includes Stephen Edward Kingsley Graham (Director), Sreenivasa Rao Boyapati (Managing Director), Voituret Charles Emmanuel (Director). Past directors included Stephen Edward Kingsley Graham, Pierre Eugene Boulet, Thierry Manni. It holds ₹46.50 Cr open charges and ₹83.06 Cr settled loans. Its latest AGM occurred on 23 September 2025, with the balance sheet filed on 31 March 2025. It is based at P-43, 8Th Avenue, Mahindra World City Natham Sub (Po), Chengalpet, Tamil Nadu, 603002.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74999TN2005FTC080198

  • Registration Number

    080198

  • Incorporation Date

    31 May 2005

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹1.98 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.98 Cr
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 46.50 Cr
  • Satisfied Charges ₹ 83.06 Cr
  • Revenue Growth **** 27.35%
  • Profit Growth **** 58.00%
  • Ebitda **** 43.95%
  • Net Worth 33.48%
  • Total Assets **** 24.21%
Company report

Novares India Automotive Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Novares India Automotive 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 Novares India Automotive Private Limited?
Current Directors
Name Designation Appointment Date Status
Stephen Edward Kingsley Graham Director 18 Jun 2025 Current
Sreenivasa Rao Boyapati Managing Director 02 Apr 2009 Current
Voituret Charles Emmanuel Director 29 Aug 2016 Current
Shekhar Kumar Director 18 Jun 2025 Current
Michael Simon Baker Director 18 Jun 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 22 Sep 2025 Past
Pramod Abcsdd Director 30 Aug 2016 Past
Pramod Abcsdd Director 30 Aug 2016 Past
Pramod Abcsdd Additional Director 07 Sep 2009 Past
Pramod Abcsdd Additional Director 14 Sep 2017 Past
Pramod Abcsdd Director 26 Mar 2012 Past

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Financial Performance of Novares India Automotive.

Novares India Automotive Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.35% increase. The company also saw a substantial improvement in profitability, with a 58% increase in profit. The company's net worth Soared by an impressive increase of 33.48%.

Novares India Automotive revenue growth over time
Novares India Automotive 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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 27.35%
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Revenue from Operations
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 26.26%
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Total Assets
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 24.21%
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*******
Profit or Loss
*******
 58.00%
*******
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Net Worth
*******
 33.48%
*******
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EBITDA
*******
 43.95%
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*******
*******
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What is the Ownership and Shareholding Structure of Novares India Automotive?

In 2023, Novares India Automotive had a promoter holding of 100.00%. 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

₹465,000,000.00

Satisfied Charges

₹830,600,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 46.50 Cr
Latest Charge Details
Date Lender Amount Status
20 Mar 2014 Hdfc Bank Limited ₹46.50 Cr Open
08 Aug 2017 Hdfc Bank Limited ₹34.18 Cr Satisfied
22 Jan 2016 Hdfc Bank Limited ₹19.48 Cr Satisfied
22 Jun 2009 Canara Bank ₹29.40 Cr Satisfied

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How Many Employees Work at Novares India Automotive?

Novares India Automotive has a workforce of 162 employees as of Apr 09, 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 Novares India Automotive, 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 Novares India Automotive'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 Novares India Automotive
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Novares India Automotive Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    The activity Stephen Edward Kingsley Graham was appointed as a Director was appointed as a Director on 18 Jun 2025 & has been associated with this company since 8 months 12 days . was completed.

  • Director Appointment

    The activity Shekhar Kumar was appointed as a Director was appointed as a Director on 18 Jun 2025 & has been associated with this company since 8 months 12 days . was completed.

  • Director Appointment

    Progress on Michael Simon Baker was appointed as a Director was appointed as a Director on 18 Jun 2025 & has been associated with this company since 8 months 12 days . was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 46.50 Cr registered on 20 Mar 2014 with Charge ID 10510081 was modified on 05 May 2025. was completed.

  • Balance Sheet

    Progress on Novares India Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was documented.

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Frequently Asked Questions
What is the CIN of Novares India Automotive Private Limited?

The CIN of Novares India Automotive Private Limited is U74999TN2005FTC080198.

Where is Novares India Automotive Private Limited headquartered?

Novares India Automotive Private Limited is headquartered at P-43, 8Th Avenue, Mahindra World City Natham Sub (Po), Chengalpet, Tamil Nadu, 603002.

When was Novares India Automotive Private Limited incorporated?

Novares India Automotive Private Limited was incorporated on 31 May 2005.

Who are the current directors of Novares India Automotive Private Limited?

The current directors of Novares India Automotive Private Limited are

What is the primary industry of Novares India Automotive Private Limited?

The primary industry of Novares India Automotive Private Limited is Manufacturing.

Is Novares India Automotive Private Limited a listed company?

Novares India Automotive Private Limited is unlisted.

What is the capital structure of Novares India Automotive Private Limited?

The authorized capital of Novares India Automotive Private Limited is ₹3.00 Cr, and the paid-up capital is ₹1.98 Cr.

What is the compliance status of Novares India Automotive Private Limited?

The compliance status of Novares India Automotive Private Limited is Compliant.

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