Novel Appliances Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Pune, Maharashtra, India, established in 2000.
2000 Pune, Maharashtra, India Active
Last Updated:
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About Novel Appliances Private Limited

Novel Appliances Private Limited, a active private limited company, was established on 07 August 2000 in Pune, Maharashtra, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U51909PN2000PTC015192. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

It upholds a compliant status. Employing 26 professional, Its leadership includes Dilip Narayandas Parmar (Whole-Time Director), Bharat Narayandas Parmar (Whole-Time Director), Parimal Narayandas Parmar (Whole-Time Director). Past directors included Dilip Narayandas Parmar, Bharat Narayandas Parmar, Parimal Narayandas Parmar. It holds ₹6.30 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 777 Raviwar Peth, Pune, Maharashtra, 411002.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U51909PN2000PTC015192

  • Registration Number

    015192

  • Incorporation Date

    07 August 2000

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 25 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.30 Cr
  • Revenue Growth **** -7.40%
  • Profit Growth **** 47.33%
  • Ebitda **** -77.96%
  • Net Worth 2.97%
  • Total Assets **** 2.46%
Company report

Novel Appliances Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Novel Appliances 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 Novel Appliances Private Limited?
Current Directors
Name Designation Appointment Date Status
Dilip Narayandas Parmar Whole-Time Director 07 Aug 2000 Current
Bharat Narayandas Parmar Whole-Time Director 07 Aug 2000 Current
Parimal Narayandas Parmar Whole-Time Director 07 Aug 2000 Current
Nilesh Kantilal Shah Whole-Time Director 07 Aug 2000 Current
Dharam Dilip Parmar Whole-Time Director 01 Apr 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Sep 2016 Past
Pramod Abcsdd Director 30 Sep 2016 Past
Pramod Abcsdd Director 30 Sep 2016 Past
Pramod Abcsdd Director 30 Sep 2016 Past
Pramod Abcsdd Director 30 Sep 2016 Past

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Financial Performance of Novel Appliances.

Novel Appliances Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 7.4% decrease. The company also saw a substantial improvement in profitability, with a 47.33% increase in profit. The company's net worth moved up by a moderate rise of 2.97%.

Novel Appliances revenue growth over time
Novel Appliances 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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 -7.40%
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Revenue from Operations
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 -9.85%
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*******
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Total Assets
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 2.46%
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Profit or Loss
*******
 47.33%
*******
*******
*******
*******
Net Worth
*******
 2.97%
*******
*******
*******
*******
EBITDA
*******
 -77.96%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Novel Appliances?

In 2023, Novel Appliances had a public holding of 10.00%. 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

₹63,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • State Bank Of India : 4.75 Cr
  • Bank Of Maharashtra : 1.11 Cr
  • The Sangli Bank Ltd. : 0.30 Cr
  • Others : 0.14 Cr
Latest Charge Details
Date Lender Amount Status
17 Feb 2021 Others ₹1.40 M Open
19 Dec 2015 State Bank Of India ₹4.75 Cr Open
08 Jan 2007 Bank Of Maharashtra ₹1.10 M Open
01 Jan 2004 Bank Of Maharashtra ₹1.00 Cr Open
12 Jul 2001 The Sangli Bank Ltd. ₹3.00 M Open

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How Many Employees Work at Novel Appliances?

Novel Appliances has a workforce of 26 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 Novel Appliances, 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 Novel Appliances'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 Novel Appliances
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Novel Appliances Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Novel Appliances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 1.40 M with Charge ID 100434417 was registered on 17 Feb 2021. was documented.

  • Charges

    The activity A charge with State Bank Of India of Rs. 47.50 M registered on 19 Dec 2015 with Charge ID 10617083 was modified on 06 Mar 2019. was completed.

  • Charges

    A charge with State Bank Of India amounted to Rs. 47.50 M with Charge ID 10617083 was registered on 19 Dec 2015. was recorded as a recent event.

  • Director Appointment

    Dharam Dilip Parmar was appointed as a Whole-time director was appointed as a Whole-time director on 01 Apr 2011 & has been associated with this company since 14 years 10 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Novel Appliances Private Limited?

The CIN of Novel Appliances Private Limited is U51909PN2000PTC015192.

Where is Novel Appliances Private Limited headquartered?

Novel Appliances Private Limited is headquartered at 777 Raviwar Peth, Pune, Maharashtra, 411002.

When was Novel Appliances Private Limited incorporated?

Novel Appliances Private Limited was incorporated on 07 August 2000.

Who are the current directors of Novel Appliances Private Limited?

The current directors of Novel Appliances Private Limited are

What is the primary industry of Novel Appliances Private Limited?

The primary industry of Novel Appliances Private Limited is Trade.

Is Novel Appliances Private Limited a listed company?

Novel Appliances Private Limited is unlisted.

What is the capital structure of Novel Appliances Private Limited?

The authorized capital of Novel Appliances Private Limited is ₹5.00 M, and the paid-up capital is ₹5.00 M.

What is the compliance status of Novel Appliances Private Limited?

The compliance status of Novel Appliances Private Limited is Compliant.

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