Novelty Associates Private Limited Company Logo

Novelty Associates Private Limited - Company Profile

It is a automotive private limited company based in Amritsar, Punjab, India, established in 1980.

1980 | Amritsar, Punjab, India | Active
Last Updated:

About Novelty Associates Private Limited

Novelty Associates Private Limited, a active private limited company, was established on 29 May 1980 in Amritsar, Punjab, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U21012PB1980PTC004195. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹11.00 Cr and a paid-up capital of ₹11.00 Cr.

Formerly known as Novelty Papers P Ltd. It upholds a compliant status. Its leadership includes Luvtesh Singh (Director), Jatinder Singh (Managing Director), Amitesh Singh (Director). Past directors included Navdeep Kahlon, Manvinder Singh. It holds ₹329.42 Cr open charges and ₹337.63 Cr settled loans. Its latest AGM occurred on 30 November 2024, with the balance sheet filed on 31 March 2024. It is based at Near New Amritsar G.T.Road, Amritsar, Punjab, 143001.

Company Details

  • CIN/LLPIN

    U21012PB1980PTC004195

  • Registration Number

    004195

  • Incorporation Date

    29 May 1980

  • Authorized Capital

    ₹11.00 Cr

  • Paid-Up Capital

    ₹11.00 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 11.00 Cr
  • Company Age 45 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 329.42 Cr
  • Satisfied Charges ₹ 337.63 Cr
  • Revenue Growth -13.92%
  • Profit Growth 26.25%
  • Ebitda -63.02%
  • Net Worth 16.22%
  • Total Assets 1.04%
Company report

Novelty Associates Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Novelty Associates 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 Novelty Associates Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Luvtesh SinghDirector12 Jun 2000Current
Jatinder SinghManaging Director29 May 1980Current
Amitesh SinghDirector10 Jul 2002Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddDirector13 Nov 2020Past

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Financial Performance of Novelty Associates.

Novelty Associates Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.92% decrease. The company also saw a substantial improvement in profitability, with a 26.25% increase in profit. The company's net worth Soared by an impressive increase of 16.22%.

Novelty Associates revenue growth over time
Novelty Associates profit and loss trends over time
  • 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
-13.92%
Revenue from Operations
-16.35%
Total Assets
1.04%
Profit or Loss
26.25%
Net Worth
16.22%
EBITDA
-63.02%

What is the Ownership and Shareholding Structure of Novelty Associates?

In 2023, Novelty Associates had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹3,294,220,000.00

Satisfied Charges

₹3,376,253,300.00

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 113.02 Cr
  • Others : 85.84 Cr
  • Karnataka Bank Ltd. : 64.56 Cr
  • State Bank Of India : 35.00 Cr
  • Hdfc Bank Limited : 15.00 Cr
  • Others : 16.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jul 2025Yes Bank Limited₹20.00 CrOpen
01 Mar 2025Axis Bank Limited₹12.00 CrOpen
07 Oct 2024Others₹10.00 CrOpen
26 Mar 2024Others₹17.50 CrOpen
28 Feb 2024State Bank Of India₹29.00 CrOpen

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How Many Employees Work at Novelty Associates?

Unlock and access historical data on people associated with Novelty Associates, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Novelty Associates Private Limited

Deals i

Graph showing company valuation over time

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Rating

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Novelty Associates

Recent Activity within the Organization

  • Charges

    A charge with Others of Rs. 24.67 Cr registered on 12 Feb 2024 with Charge ID 100912207 was modified on 02 Aug 2025. was recorded as a recent event.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 20.00 Cr with Charge ID 101122194 was registered on 11 Jul 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 26 Dec 2020 with Charge ID 100476069 was modified on 27 May 2025. was documented.

  • Charges

    The activity A charge with Karnataka Bank Ltd. of Rs. 45.00 Cr registered on 11 May 2015 with Charge ID 10577403 was modified on 16 Apr 2025. was completed.

  • Charges

    Progress on A charge with State Bank Of India of Rs. 29.00 Cr registered on 28 Feb 2024 with Charge ID 100886183 was modified on 04 Mar 2025. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 12.00 Cr with Charge ID 101062240 was registered on 01 Mar 2025. was documented.

Frequently Asked Questions

  • What is the CIN of Novelty Associates Private Limited?

    The CIN of Novelty Associates Private Limited is U21012PB1980PTC004195.

  • Where is Novelty Associates Private Limited headquartered?

    Novelty Associates Private Limited is headquartered at Near New Amritsar G.T.Road, Amritsar, Punjab, 143001.

  • When was Novelty Associates Private Limited incorporated?

    Novelty Associates Private Limited was incorporated on 29 May 1980.

  • Who are the current directors of Novelty Associates Private Limited?

    The current directors of Novelty Associates Private Limited are

  • What is the primary industry of Novelty Associates Private Limited?

    The primary industry of Novelty Associates Private Limited is Trade.

  • Is Novelty Associates Private Limited a listed company?

    Novelty Associates Private Limited is unlisted.

  • What is the capital structure of Novelty Associates Private Limited?

    The authorized capital of Novelty Associates Private Limited is ₹11.00 Cr, and the paid-up capital is ₹11.00 Cr.

  • What is the compliance status of Novelty Associates Private Limited?

    The compliance status of Novelty Associates Private Limited is Compliant.

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