Novatech Projects (I) Private Limited

Novatech Projects (I) Private Limited - engineering in Thane, Maharashtra, India. FY 2026 financials and compliance.
CIN U28100MH1984PTC033793 Incorporated 21 August 1984 ROC Mumbai HQ Thane, Maharashtra, India
Under Insolvency Private Limited Company engineering
Data last updated
Revenue · FY 2022
₹94.4 Cr
▲ 31.00% YoY
EBITDA · FY 2022
Locked
In full report
Net profit · FY 2022
Locked
In full report
Authorised capital
₹11 Cr
Registered with MCA
Paid-up capital
₹10 Cr
Issued & subscribed
Open charges
₹209.4 Cr
Satisfied ₹27.8 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
62
Latest available

About Novatech Projects (I) Private Limited

Data last updated: 26 July 2025

Novatech Projects (I) Private Limited is a private limited company based in Thane, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. The company specialises in engineering. Incorporated on 21 August 1984, the company has been in operation for over 42 years.

Registered with ROC Mumbai under CIN U28100MH1984PTC033793.

Capital: an authorised share capital of ₹11 Cr and a paid-up capital of ₹10 Cr. Formerly known as Space Tech Process Equipments Private Limited and Novatech Process Equipments Private Limited. It is led by directors including Soumadeep Sukumar Ghosh and Sukumar Kalipada Ghosh.

Last AGM: 29 September 2022. Financial statements filed for year ended 31 March 2022. Office: 601 Balaji Infotech Plot No. 278/A Road No. 16/A Wagle Industrial Estate, Thane, Maharashtra, India – 400604.

As per the financials filed for FY 2022, the company reported a revenue of ₹94.4 Cr, a growth of 31% compared to the previous year.

The company has a workforce of approximately 62 employees as per the latest available data.

The company is associated with 2 brands - Novatech, Novatech Projects. As per MCA filings, the company has open charges of ₹209.4 Cr and satisfied charges of ₹27.8 Cr on record.

The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is novatechprojects.com.

Company Details of Novatech Projects (I) Private Limited
CIN U28100MH1984PTC033793
Registration Number 033793
Incorporation Date 21 August 1984
ROC Mumbai
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 29 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    601 Balaji Infotech Plot No. 278/A Road No. 16/A Wagle Industrial Estate, Thane, Maharashtra, India – 400604
  • Industry
    Engineering, Engineering, Procurement & Construction (EPC)
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Financials, compliance, directors, charges, ownership and filings for Novatech Projects (I) Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Novatech Projects (I) Private Limited

Novatech Projects (I) Private Limited has undergone 2 name changes throughout its history. The company was previously known as Space Tech Process Equipments Private Limited, and Novatech Process Equipments Private Limited. The current legal name is Novatech Projects (I) Private Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Novatech Projects (I) Private Limited Current
Space Tech Process Equipments Private Limited Previous
Novatech Process Equipments Private Limited Previous

Associated Brands with Novatech Projects (I) Private Limited

Novatech Projects (I) Private Limited operates two associated brands: Novatech and Novatech Projects. These brands represent Novatech Projects (I) Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Limited information available novatech.co.in
EPC services for industrial sectors including Power and Chemicals in India. novatechprojects.com

Business Activity of Novatech Projects (I) Private Limited

Novatech Projects (I) Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C13 Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities Locked
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Auditor Details of Novatech Projects (I) Private Limited

Novatech Projects (I) Private Limited is audited by S. S. SANGHAVI & CO for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
S. S. SANGHAVI & CO Locked Locked Locked
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Board of Directors of Novatech Projects (I) Private Limited

Novatech Projects (I) Private Limited is currently managed by 3 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Soumadeep Sukumar Ghosh Director 01 Dec 2009 16 Years 8 Months As last reported
Sukumar Kalipada Ghosh Director 21 Aug 1984 42 Years 0 Months As last reported
Neha Jain Irp/Rp/Liquidator 11 Dec 2024 1 Years 8 Months As last reported

Financials of Novatech Projects (I) Private Limited FY 2022 filings available

Novatech Projects (I) Private Limited reported revenue of ₹94.4 Cr (up 31.00% YoY) for FY 2022.

Revenue · FY 2022
₹94.4 Cr ▲ 31.00%
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Ten-year financial statements for Novatech Projects (I) Private Limited

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Ownership and Shareholding of Novatech Projects (I) Private Limited

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Charges & Borrowings of Novatech Projects (I) Private Limited

Open charges
₹209.4 Cr
Satisfied charges
₹27.8 Cr
Breakdown by lending institutions
Others₹188.90 Cr
Axis Bank Limited₹12.50 Cr
The Shamrao Vithal Co-Op. Bank Ltd. (Lead Bankers)₹3.00 Cr
Standard Chartered Bank₹2.00 Cr
Tata Capital Financial Services Limited₹2.00 Cr
Others₹1.00 Cr
Latest charge details
DateLenderAmountStatus
28 Mar 2022 Others ₹38 Lakh Open
13 Nov 2020 Others ₹3.99 Cr Open
12 Feb 2020 Others ₹2 Cr Open
25 Jan 2019 Others ₹1 Cr Open
21 Dec 2018 Axis Bank Limited ₹12.5 Cr Open

Total charge records: 34 View all charges

Employees and EPFO Compliance at Novatech Projects (I) Private Limited

Novatech Projects (I) Private Limited has a workforce of 62 employees as of Apr 01, 2024.

Employee count
62
Active EPFO establishments
2
Employee growth
-61.25%
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Employee and EPFO history for Novatech Projects (I) Private Limited

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GST Compliance of Novatech Projects (I) Private Limited

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GST registrations and filing compliance for Novatech Projects (I) Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Novatech Projects (I) Private Limited

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Credit ratings, litigation, and regulatory alerts for Novatech Projects (I) Private Limited

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MSME Payment Delays by Novatech Projects (I) Private Limited

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MSME payment history for Novatech Projects (I) Private Limited

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Subsidiaries & Group Companies of Novatech Projects (I) Private Limited

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MCA Filings & Documents of Novatech Projects (I) Private Limited

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MCA filings and documents for Novatech Projects (I) Private Limited

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Recent Activity on Novatech Projects (I) Private Limited

Directors
11 Dec 2024
Neha Jain was appointed as a IRP/RP/Liquidator on 11 Dec 2024 & has been associated with this company since 1 year 8 months.
Charges
11 Aug 2023
A charge with Standard Chartered Bank of Rs. 2.00 Cr registered on 30 Oct 2017 with Charge ID 100131176 was modified on 11 Aug 2023.
Charges
28 Apr 2023
A charge with Others of Rs. 86.46 Cr registered on 16 Mar 2012 with Charge ID 10343609 was modified on 28 Apr 2023.
Charges
28 Apr 2023
A charge with Others of Rs. 87.02 Cr registered on 09 Apr 2011 with Charge ID 10285105 was modified on 28 Apr 2023.
Activity
29 Sep 2022
Novatech Projects (I) Private Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.
Activity
31 Mar 2022
Novatech Projects (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

Frequently Asked Questions about Novatech Projects (I) Private Limited

Novatech Projects (I) Private Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Novatech Projects (I) Private Limited is a company under insolvency, formerly operating as a private limited company in the engineering sector based in Thane, Maharashtra, India. It was incorporated on 21 August 1984 and is registered under CIN U28100MH1984PTC033793. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Novatech Projects (I) Private Limited reported revenue of ₹94.4 Cr for FY 2022 (up 31.00% YoY).

The current directors of Novatech Projects (I) Private Limited are:

The CIN (Corporate Identification Number) of Novatech Projects (I) Private Limited is U28100MH1984PTC033793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Novatech Projects (I) Private Limited has open charges of ₹209.4 Cr and satisfied charges of ₹27.8 Cr as per latest MCA filings.

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