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.
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Registered Address601 Balaji Infotech Plot No. 278/A Road No. 16/A Wagle Industrial Estate, Thane, Maharashtra, India – 400604
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IndustryEngineering, Engineering, Procurement & Construction (EPC)
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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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 |
Business activity turnover details for Novatech Projects (I) Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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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 |
Complete auditor history for Novatech Projects (I) Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Soumadeep Sukumar Ghosh
Also directs:
Novatech Automobiles Llp
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Director | 01 Dec 2009 | 16 Years 8 Months | As last reported |
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Sukumar Kalipada Ghosh
Also directs:
Dorv Process Equipments Private Limited
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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.
Ten-year financial statements for Novatech Projects (I) Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Novatech Projects (I) Private Limited
Shareholding and ownership data for Novatech Projects (I) Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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Charges & Borrowings of Novatech Projects (I) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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 and EPFO history for Novatech Projects (I) Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Novatech Projects (I) Private Limited
GST registrations and filing compliance for Novatech Projects (I) Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Novatech Projects (I) Private Limited
Credit ratings, litigation, and regulatory alerts for Novatech Projects (I) Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Novatech Projects (I) Private Limited
MSME payment history for Novatech Projects (I) Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Novatech Projects (I) Private Limited
Corporate group structure for Novatech Projects (I) Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Novatech Projects (I) Private Limited
MCA filings and documents for Novatech Projects (I) Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Novatech Projects (I) Private Limited
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:
- Soumadeep Sukumar Ghosh - Director
- Sukumar Kalipada Ghosh - Director
- Neha Jain - Irp/Rp/Liquidator
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.