Novelty Auto Sales Private Limited Company Logo

Novelty Auto Sales Private Limited - Company Profile

It is a automotive private limited company based in Amritsar, Punjab, India, established in 2017.

2017 | Amritsar, Punjab, India | Active
Last Updated:

About Novelty Auto Sales Private Limited

Novelty Auto Sales Private Limited, a active private limited company, was established on 30 June 2017 in Amritsar, Punjab, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U50100PB2017PTC046666. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.20 Cr.

It upholds a compliant status. Employing 31 professional, Its leadership includes Luvtesh Singh (Director), Amitesh Singh (Director). It holds ₹8.30 Cr open charges and ₹11.05 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 279, East Mohan Nagar, Amritsar, Punjab, 143001.

Company Details

  • CIN/LLPIN

    U50100PB2017PTC046666

  • Registration Number

    046666

  • Incorporation Date

    30 June 2017

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.20 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.20 Cr
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.30 Cr
  • Satisfied Charges ₹ 11.05 Cr
  • Revenue Growth -73.41%
  • Profit Growth -78.30%
  • Ebitda -251.47%
  • Net Worth 2.74%
  • Total Assets -20.71%
Company report

Novelty Auto Sales Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Novelty Auto Sales 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 Auto Sales Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Luvtesh SinghDirector30 Jun 2017Current
Amitesh SinghDirector30 Jun 2017Current

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Financial Performance of Novelty Auto Sales.

Novelty Auto Sales Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 73.41% decrease. The company also saw a substantial fall in profitability, with a 78.3% decrease in profit. The company's net worth moved up by a moderate rise of 2.74%.

Novelty Auto Sales revenue growth over time
Novelty Auto Sales 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
-73.41%
Revenue from Operations
-89.62%
Total Assets
-20.71%
Profit or Loss
-78.30%
Net Worth
2.74%
EBITDA
-251.47%

What is the Ownership and Shareholding Structure of Novelty Auto Sales?

In 2023, Novelty Auto Sales had a public holding of 62.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹82,950,000.00

Satisfied Charges

₹110,500,000.00

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 8.30 Cr

Latest Charge Details

DateLenderAmountStatus
02 Sep 2020Karnataka Bank Ltd.₹2.95 MOpen
22 Jul 2020Karnataka Bank Ltd.₹1.00 CrOpen
16 May 2018Karnataka Bank Ltd.₹7.00 CrOpen
27 Dec 2017Others₹11.05 CrSatisfied

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How Many Employees Work at Novelty Auto Sales?

Novelty Auto Sales has a workforce of 31 employees as of Apr 02, 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 growth trends for Novelty Auto Sales Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Novelty Auto Sales, 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 Novelty Auto Sales'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.

Latest Updates, News, and FAQs on Novelty Auto Sales

Recent Activity within the Organization

  • Annual General Meeting

    Novelty Auto Sales Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Novelty Auto Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 27 Dec 2017 via Charge ID 100142968 with Others was fully satisfied on 06 Jul 2021. was documented.

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 7.00 Cr registered on 16 May 2018 with Charge ID 100177808 was modified on 20 Mar 2021. was recorded as a recent event.

  • Charges

    Progress on A charge with Karnataka Bank Ltd. amounted to Rs. 0.30 Cr with Charge ID 100386398 was registered on 02 Sep 2020. was documented.

  • Charges

    Progress on A charge with Karnataka Bank Ltd. amounted to Rs. 1.00 Cr with Charge ID 100386394 was registered on 22 Jul 2020. was documented.

Frequently Asked Questions

  • What is the CIN of Novelty Auto Sales Private Limited?

    The CIN of Novelty Auto Sales Private Limited is U50100PB2017PTC046666.

  • Where is Novelty Auto Sales Private Limited headquartered?

    Novelty Auto Sales Private Limited is headquartered at 279, East Mohan Nagar, Amritsar, Punjab, 143001.

  • When was Novelty Auto Sales Private Limited incorporated?

    Novelty Auto Sales Private Limited was incorporated on 30 June 2017.

  • Who are the current directors of Novelty Auto Sales Private Limited?

    The current directors of Novelty Auto Sales Private Limited are

  • What is the primary industry of Novelty Auto Sales Private Limited?

    The primary industry of Novelty Auto Sales Private Limited is Trade.

  • Is Novelty Auto Sales Private Limited a listed company?

    Novelty Auto Sales Private Limited is unlisted.

  • What is the capital structure of Novelty Auto Sales Private Limited?

    The authorized capital of Novelty Auto Sales Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.20 Cr.

  • What is the compliance status of Novelty Auto Sales Private Limited?

    The compliance status of Novelty Auto Sales Private Limited is Compliant.

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