Taurus Novelties Limited
About Taurus Novelties Limited
Data last updated:
Taurus Novelties Limited is a public limited company based in Bangalore, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 11 January 1995.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1995PLC016941.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.09 Cr. It is led by directors including Rajagopalan Srivathsan (Managing Director) and Gummadi Subba Rao (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Bangalore, Karnataka.
As per MCA filings, the company has open charges of ₹5.19 Cr on record.
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- Registered AddressNo. 9 Old No. 402 3rd Floor 30th Main 9th Cross J.P. Nagar 1st Pha, Se, Bangalore, Karnataka, India – 560078
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
- 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
- One PDF report, delivered after checkout
CIN History of Taurus Novelties Limited
Taurus Novelties has one previous CIN (Corporate Identification Number): U26913KA1995PTC016941. The current CIN is U85110KA1995PLC016941, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1995PLC016941 | Current |
| U26913KA1995PTC016941 | Previous |
Auditor Details of Taurus Novelties Limited
Taurus Novelties Limited is audited by P. BADARINATH & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P. BADARINATH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Taurus Novelties Limited
Taurus Novelties has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranganathan Vasantha Kumar | Director | 24 Jun 2009 | 17 Years 3 Months | As last reported |
| Rajagopalan Srivathsan Also directs: Taurus Engineers Private Limited | Managing Director | 11 Jan 1995 | 31 Years 8 Months | As last reported |
| Gummadi Subba Rao | Whole-Time Director | 11 Jan 1995 | 31 Years 8 Months | As last reported |
Financials of Taurus Novelties Limited FY 2021 filings available
Financial Statement Summary of Taurus Novelties Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 of Taurus Novelties Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Taurus Novelties are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Taurus Novelties Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Taurus Novelties Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Oct 1999 | Canara Bank | ₹6 Lakh | Open |
| 08 Oct 1999 | Canara Bank | ₹6 Lakh | Open |
| 13 May 1998 | Canara Bank | ₹50 Lakh | Open |
| 13 May 1998 | Canara Bank | ₹50 Lakh | Open |
| 13 May 1998 | Canara Bank | ₹2.07 Cr | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Taurus Novelties Limited
Employment history and EPFO contributions of people linked to Taurus Novelties.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Taurus Novelties Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Taurus Novelties Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Taurus Novelties Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Taurus Novelties Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Taurus Novelties Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Taurus Novelties Limited
Frequently Asked Questions about Taurus Novelties Limited
Taurus Novelties is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Taurus Novelties is a company under liquidation, formerly operating as a public limited company based in Bangalore, Karnataka, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 11 January 1995 and is registered under CIN U85110KA1995PLC016941. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Taurus Novelties has 3 current directors:
- Rajagopalan Srivathsan - Managing Director
- Gummadi Subba Rao - Whole-Time Director
- Ranganathan Vasantha Kumar - Director
The CIN (Corporate Identification Number) of Taurus Novelties is U85110KA1995PLC016941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Taurus Novelties has open charges of ₹5.19 Cr and no satisfied charges on record as per latest MCA filings.
Taurus Novelties was incorporated on 11 January 1995. It is registered with the Registrar of Companies, Bangalore.
The registered office of Taurus Novelties is at No. 9 Old No. 402 3rd Floor 30th Main 9th Cross J.P. Nagar 1st Pha, Se, Bangalore, Karnataka, India – 560078.
Taurus Novelties has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.09 Cr.
Taurus Novelties operates in the metals and minerals industry, in the construction materials retail and distribution segment.