Novel Sugar Limited - Company Profile

It is a agriculture public limited company based in Kanpur, Uttar Pradesh, India, established in 2003.
2003 Kanpur, Uttar Pradesh, India Active
Last Updated:
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About Novel Sugar Limited

Novel Sugar Limited, a active public limited company, was established on 14 July 2003 in Kanpur, Uttar Pradesh, India. Engaging in sugar processing within the manufacturing sector, it holds CIN: U10720UP2003PLC027697. Registered under ROC Roc Kanpur. it is unlisted. It has an authorized capital of ₹18.00 Cr and a paid-up capital of ₹16.88 Cr.

Formerly known as Bajaj Sugar Limited. It upholds a compliant status. Employing 173 professional, Its leadership includes Udit Kumar Rastogi (Whole-Time Director), Deepshikha Chainani (Company Secretary), Yogesh Agarwal (Director). Past directors included Rajiv Kumar Goel, Udit Kumar Rastogi, Manoj Kumar Gupta. It holds ₹1,803.37 Cr open charges and ₹2,015.54 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 3A/275, Azad Nagar,, Kanpur, Uttar Pradesh, 208002.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U10720UP2003PLC027697

  • Registration Number

    027697

  • Incorporation Date

    14 July 2003

  • Authorized Capital

    ₹18.00 Cr

  • Paid-Up Capital

    ₹16.88 Cr

  • ROC Code

    Roc Kanpur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 16.88 Cr
  • Company Age 22 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1,803.37 Cr
  • Satisfied Charges ₹ 2,015.54 Cr
Company report

Novel Sugar Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Novel Sugar 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 Sugar Limited?
Current Directors
Name Designation Appointment Date Status
Udit Kumar Rastogi Whole-Time Director 12 Nov 2011 Current
Deepshikha Chainani Company Secretary 01 Dec 2023 Current
Yogesh Agarwal Director 15 Oct 2004 Current
Anupam Kumar Director 14 Jul 2003 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 10 Nov 2005 Past
Pramod Abcsdd Whole-Time Director 19 Nov 2015 Past
Pramod Abcsdd Director 10 Mar 2022 Past
Pramod Abcsdd Director 01 Jun 2019 Past
Pramod Abcsdd Additional Director 10 Dec 2014 Past
Pramod Abcsdd Company Secretary 02 Apr 2018 Past

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Financial Performance of Novel Sugar.

Novel Sugar Limited, for the financial year ended 2024, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Novel Sugar revenue growth over time
Novel Sugar 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
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What is the Ownership and Shareholding Structure of Novel Sugar?

In 2024, Novel Sugar had a promoter holding of 45.71% and a public holding of 54.29%. 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

₹18,033,697,000.00

Satisfied Charges

₹20,155,390,000.00

Charges Breakdown by Lending Institutions
  • Others : 1777.68 Cr
  • State Bank Of India : 25.00 Cr
  • Axis Bank Limited : 0.69 Cr
Latest Charge Details
Date Lender Amount Status
12 Jun 2025 Others ₹1,777.68 Cr Open
21 Aug 2024 State Bank Of India ₹25.00 Cr Open
03 Oct 2023 Axis Bank Limited ₹6.90 M Open
29 Sep 2022 Canara Bank ₹15.00 Cr Satisfied
29 Sep 2022 Canara Bank ₹20.00 Cr Satisfied

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How Many Employees Work at Novel Sugar?

Novel Sugar has a workforce of 173 employees as of Aug 26, 2025. 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 Sugar, 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 Sugar'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 Sugar
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 10 Apr 2013 via Charge ID 10423375 with Others was fully satisfied on 28 Nov 2025. was documented.

  • Charges

    The activity A charge registered on 27 Dec 2021 via Charge ID 100538525 with Others was fully satisfied on 08 Nov 2025. was completed.

  • Annual General Meeting

    The activity Novel Sugar Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 1,777.68 Cr with Charge ID 101120413 was registered on 12 Jun 2025. was documented.

  • Charges

    A charge registered on 27 Dec 2021 via Charge ID 100538515 with Others was fully satisfied on 12 Jun 2025. was recorded as a recent event.

  • Charges

    A charge registered on 22 Mar 2007 via Charge ID 10043973 with Others was fully satisfied on 12 Jun 2025. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Novel Sugar Limited?

The CIN of Novel Sugar Limited is U10720UP2003PLC027697.

Where is Novel Sugar Limited headquartered?

Novel Sugar Limited is headquartered at 3A/275, Azad Nagar,, Kanpur, Uttar Pradesh, 208002.

When was Novel Sugar Limited incorporated?

Novel Sugar Limited was incorporated on 14 July 2003.

Who are the current directors of Novel Sugar Limited?

The current directors of Novel Sugar Limited are

What is the primary industry of Novel Sugar Limited?

The primary industry of Novel Sugar Limited is Manufacturing.

Is Novel Sugar Limited a listed company?

Novel Sugar Limited is unlisted.

What is the capital structure of Novel Sugar Limited?

The authorized capital of Novel Sugar Limited is ₹18.00 Cr, and the paid-up capital is ₹16.88 Cr.

What is the compliance status of Novel Sugar Limited?

The compliance status of Novel Sugar Limited is Compliant.

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