Novel Sales and Services Private Limited
About Novel Sales and Services Private Limited
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Novel Sales and Services Private Limited is a private limited company based in Guwahati, Assam, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 21 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U51909AS2016PTC017378. Its GSTIN is 18AAFCN2043J1ZH (Assam).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Chanda Devi Bajaj and Ramprasad Bajaj.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at House No – 95 Cycle Factory Tiniali Kalapahar, Guwahati, Assam, India – 781016.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.99 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹98,328 (net margin 0.3%) and EBITDA of ₹3.04 Lakh (EBITDA margin 1%).
As per MCA filings, the company has open charges of ₹44.8 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Novel Sales and Services Private Limited's registered office is in Guwahati, Assam. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No – 95 Cycle Factory Tiniali Kalapahar, Guwahati, Assam, India – 781016
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Novel Sales and Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Novel Sales and Services is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Novel Sales and Services Private Limited, buy the company report.
Financials of Novel Sales and Services Private Limited
FY 2018 filings availableNovel Sales and Services Private Limited reported revenue of ₹2.99 Cr (up 385% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 385% in the latest year. EBITDA rose 697% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3.04 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹98,328 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1% | |
| Net Profit Margin | 0.3% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Novel Sales and Services Private Limited, buy the company report.
Board of directors of Novel Sales and Services Private Limited
Novel Sales and Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chanda Devi Bajaj | Director | 19 May 2016 | 10 Years 5 Months | Current |
| Ramprasad Bajaj | Director | 21 Apr 2016 | 10 Years 6 Months | Current |
| Ujjawal Bajaj | Director | 21 Apr 2016 | 10 Years 6 Months | Current |
Peer comparison
Novel Sales and Services Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rainflex Food and Confectioners Private Limited | ₹2.99 Cr (FY 2022) | -1.0% | Hapur, Uttar Pradesh, India | |||
| SPVJ Trading Private Limited | ₹2.99 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Novel Sales and Services Private Limitedthis company | ₹2.99 Cr (FY 2018) | ₹98,328 | 0.3% | 385.0% | Guwahati, Assam, India | |
| TNP Seafoods Private Limited | ₹2.99 Cr (FY 2024) | -81.0% | Bhubaneswar, Odisha, India | |||
| Roger Overseas Pvt Ltd | ₹2.98 Cr (FY 2025) | -40.0% | Kolkata, West Bengal, India | |||
| Gurana Sadhu Rao Traders Private Limited | ₹2.98 Cr (FY 2019) | -54.0% | Vizianagaram, Telangana, India |
To see the full peer comparison of Novel Sales and Services Private Limited, buy the company report.
Auditor
Novel Sales and Services Private Limited is audited by HARI SINGH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARI SINGH & ASSOCIATES | FY 2017 | 323509E |
Shareholding
The shareholding of Novel Sales and Services Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Novel Sales and Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2016 | 100035025 | Vijaya Bank | ₹44.8 Lakh | Open |
To see the full charge records of Novel Sales and Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Novel Sales and Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Novel Sales and Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novel Sales and Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AAFCN2043J1ZH | Assam | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novel Sales and Services Private Limited, buy the company report.
Recent activity
Novel Sales and Services Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Chanda Devi Bajaj ceased to be Additional Director on 30 Dec 2017.
Frequently asked questions
Novel Sales and Services is an active private limited company based in Guwahati, Assam, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 21 April 2016 (10+ years old) and is registered under CIN U51909AS2016PTC017378.
Novel Sales and Services has 3 current directors:
- Chanda Devi Bajaj - Director
- Ramprasad Bajaj - Director
- Ujjawal Bajaj - Director
The latest financial statements of Novel Sales and Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Novel Sales and Services is 18AAFCN2043J1ZH, registered in Assam.
The CIN (Corporate Identification Number) of Novel Sales and Services is U51909AS2016PTC017378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novel Sales and Services was incorporated on 21 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Guwahati.
The peers of Novel Sales and Services by revenue are Rainflex Food and Confectioners Private Limited, SPVJ Trading Private Limited, TNP Seafoods Private Limited, Roger Overseas Pvt Ltd, Gurana Sadhu Rao Traders Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Chanda Devi Bajaj ceased to be Additional Director on 30 Dec 2017. Chanda Devi Bajaj was appointed as Director on 19 May 2016. Ramprasad Bajaj was appointed as Director on 21 Apr 2016. Novel Sales and Services has 4 board changes on record in total.
The registered office of Novel Sales and Services is at House No – 95 Cycle Factory Tiniali Kalapahar, Guwahati, Assam, India – 781016.
Novel Sales and Services operates in the food and beverages industry, in the food and beverage retail and distribution segment.
Novel Sales and Services has open charges of ₹44.8 Lakh and no satisfied charges on record as per latest MCA filings.
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