Novomed Incorporation Private Limited

Medical equipment trading company with a wide range of products from top brands.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated:

Novomed Incorporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.97 Cr
  • Satisfied Charges ₹ 4.90 Cr
  • Revenue Growth 41.00%
  • Profit Growth 46.30%
  • Ebitda -57.89%
  • Net Worth 24.16%
  • Total Assets 26.67%

About Novomed Incorporation

Novomed Incorporation Private Limited (NIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 February 2011 and has a history of 14 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Healthcare Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹14.97 Cr. The company has closed loans amounting to ₹4.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jay Mehta, Jasrekha Mehta, and Nainesh Mehta serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909MH2011PTC213378

  • Company No.

    213378

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Healthcare

What products or services does Novomed Incorporation Private Limited offer?

Novomed Incorporation Private Limited offers a wide range of products and services, including Physiotherapy & Rehab Aids, Compression Stockings, Telecommunication Equipment & Parts, Communication Systems and Equipment, Physiotherapy Equipment, Diagnostic Medical Imaging Equipment, Doppler Machine.

Company report

Novomed Incorporation Private Limited

Explore comprehensive data for Novomed Incorporation Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Novomed Incorporation?

Board Members (3)

NameDesignationAppointment DateStatus
Jay Mehta Country flag representing In Director 01-Sep-2023Current
Jasrekha Mehta Country flag representing In Director 12-Feb-2011Current
Nainesh Mehta Country flag representing In Director 12-Feb-2011Current

Financial Performance of Novomed Incorporation.

Novomed Incorporation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41% increase. The company also saw a substantial improvement in profitability, with a 46.3% increase in profit. The company's net worth Soared by an impressive increase of 24.16%.

Novomed Incorporation revenue growth over time
Novomed Incorporation 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
41.00%
Revenue from Operations
39.93%
Total Assets
26.67%
Profit or Loss
46.30%
Net Worth
24.16%
EBITDA
-57.89%

What is the Ownership and Shareholding Structure of Novomed Incorporation?

In 2023, Novomed Incorporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹149.69 M

Satisfied Charges

₹49.00 M

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 12.28 Cr
  • Bank Of India : 2.50 Cr
  • Hdfc Bank Limited : 0.19 Cr

Latest Charge Details

DateLenderAmountStatus
06 Aug 2022Bank Of India₹2.50 CrOpen
05 Apr 2021Hdfc Bank Limited₹1.94 MOpen
29 Jan 2019Standard Chartered Bank₹5.50 MOpen
07 May 2016Standard Chartered Bank₹10.50 CrOpen
07 May 2016Standard Chartered Bank₹1.23 CrOpen

How Many Employees Work at Novomed Incorporation?

Novomed Incorporation has a workforce of 0 employees as of May 05, 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 Novomed Incorporation Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Novomed Incorporation, 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 Novomed Incorporation'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 Novomed Incorporation

Recent activity within the organization

  • Annual General Meeting

    Novomed Incorporation Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Jay Nainesh Mehta was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Novomed Incorporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Standard Chartered Bank of Rs. 105.00 M registered on 07 May 2016 with Charge ID 100072037 was modified on 23 Mar 2023.

  • Charges

    A charge with Standard Chartered Bank of Rs. 12.25 M registered on 07 May 2016 with Charge ID 100072038 was modified on 28 Oct 2022.

  • Charges

    A charge with Bank Of India amounted to Rs. 25.00 M with Charge ID 100605867 was registered on 06 Aug 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Novomed Incorporation Private Limited?

    Novomed Incorporation Private Limited was incorporated on 12 Feb 2011.

  • What is authorized share capital and paid-up capital of Novomed Incorporation Private Limited?

    The authorized share capital of Novomed Incorporation Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Novomed Incorporation Private Limited?

    Currently 3 directors are associated with Novomed Incorporation Private Limited.

    • Jay Nainesh Mehta
    • Jasrekha Nainesh Mehta
    • Nainesh Nagardas Mehta
  • What is the registered address of Novomed Incorporation Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Novomed Incorporation Private Limited is 12 Shrinath Kunj Silver Sand Bunglow Dariyalal Society Juhu Tara Road, India, Mumbai, Maharashtra, 400049.

  • What is the corporate identification number (CIN) and company number of Novomed Incorporation Private Limited?

    The corporate identification number (CIN) of Novomed Incorporation Private Limited is U51909MH2011PTC213378 and the company number is 213378 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Novomed Incorporation Private Limited?

    The Official website of Novomed Incorporation Private Limited is https://www.novomed.in

  • What has been the recent revenue trend for Novomed Incorporation Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Novomed Incorporation Private Limited has risen by 41.00%.

  • What change has been observed in the net worth of Novomed Incorporation Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Novomed Incorporation Private Limited has experienced an upsurge of 24.16%.

  • What are the total open charges for Novomed Incorporation Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Novomed Incorporation Private Limited amount to ₹ 14.97 Cr.

  • When was the last Balance Sheet of Novomed Incorporation Private Limited filed with the ROC?

    The most recent Balance Sheet for Novomed Incorporation Private Limited was filed with the ROC on 31 Mar 2023.

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