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Taurus Novelties Limited - Company Profile

It is a metals and minerals public limited company based in Bangalore, Karnataka, India, established in 1995.

1995 | Bangalore, Karnataka, India | Under Liquidation
Last Updated:

About Taurus Novelties Limited

Taurus Novelties Limited, a under liquidation public limited company, was established on 11 January 1995 in Bangalore, Karnataka, India. Engaging in construction materials retail & distribution within the metals and minerals sector, it holds CIN: U85110KA1995PLC016941. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹4.09 Cr.

It upholds a compliant status. Its leadership includes Ranganathan Vasantha Kumar (Director), Rajagopalan Srivathsan (Managing Director), Gummadi Subba Rao (Whole-Time Director). Past directors included Ranganathan Vasantha Kumar, Inampudi Srinivas. It holds ₹5.19 Cr open charges and no settled loans. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at No. 9, Old No. 402, 3Rd Floor 30Th Main, 9Th Cross, J.P. Nagar 1St Pha, Se, Bangalore, Karnataka, 560078.

Company Details

  • CIN/LLPIN

    U85110KA1995PLC016941

  • Registration Number

    016941

  • Incorporation Date

    11 January 1995

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹4.09 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.09 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 5.19 Cr
  • Revenue Growth %
  • Profit Growth -69.16%
  • Ebitda -69.16%
  • Net Worth -4.12%
  • Total Assets -10.21%
Company report

Taurus Novelties Limited

Company Report FY 2025-2026

Explore comprehensive insights into Taurus Novelties 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 Taurus Novelties Limited?

Current Directors

NameDesignationAppointment DateStatus
Ranganathan Vasantha KumarDirector24 Jun 2009Current
Rajagopalan SrivathsanManaging Director11 Jan 1995Current
Gummadi Subba RaoWhole-Time Director11 Jan 1995Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director28 Sep 2009Past
Pramod AbcsddWhole-Time Director29 May 2009Past

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Financial Performance of Taurus Novelties.

Taurus Novelties Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 69.16% decrease in profit. The company's net worth dipped by a decrease of 4.12%.

Taurus Novelties revenue growth over time
Taurus Novelties 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
Revenue from Operations
Total Assets
-10.21%
Profit or Loss
-69.16%
Net Worth
-4.12%
EBITDA
-69.16%

What is the Ownership and Shareholding Structure of Taurus Novelties?

In 2019, Taurus Novelties had a promoter holding of 29.14% and a public holding of 70.86%. 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

₹51,900,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.19 Cr
  • Others : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Oct 1999Canara Bank₹0.60 MOpen
08 Oct 1999Canara Bank₹0.60 MOpen
13 May 1998Canara Bank₹5.00 MOpen
13 May 1998Canara Bank₹5.00 MOpen
13 May 1998Canara Bank₹2.07 CrOpen

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How Many Employees Work at Taurus Novelties?

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

Employee growth trends for Taurus Novelties Limited

Deals i

Graph showing company valuation over time

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Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Taurus Novelties

Recent Activity within the Organization

  • Charges

    The activity A charge with Others of Rs. 1.00 Cr registered on 20 Jan 1997 with Charge ID 90197148 was modified on 07 Feb 2025. was completed.

  • Charges

    The activity A charge with Others of Rs. 1.00 Cr registered on 20 Jan 1997 with Charge ID 90200147 was modified on 07 Feb 2025. was completed.

  • Annual General Meeting

    The activity Taurus Novelties Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was completed.

  • Balance Sheet

    Taurus Novelties Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    The activity Ranganathan Vasantha Kumar was appointed as a Director was appointed as a Director on 24 Jun 2009 & has been associated with this company since 16 years 5 months . was completed.

  • Charges

    Progress on A charge with Canara Bank of Rs. 0.50 Cr registered on 13 May 1998 with Charge ID 90197361 was modified on 29 Mar 2001. was documented.

Frequently Asked Questions

  • What is the CIN of Taurus Novelties Limited?

    The CIN of Taurus Novelties Limited is U85110KA1995PLC016941.

  • Where is Taurus Novelties Limited headquartered?

    Taurus Novelties Limited is headquartered at No. 9, Old No. 402, 3Rd Floor 30Th Main, 9Th Cross, J.P. Nagar 1St Pha, Se, Bangalore, Karnataka, 560078.

  • When was Taurus Novelties Limited incorporated?

    Taurus Novelties Limited was incorporated on 11 January 1995.

  • Who are the current directors of Taurus Novelties Limited?

    The current directors of Taurus Novelties Limited are

  • What is the primary industry of Taurus Novelties Limited?

    The primary industry of Taurus Novelties Limited is Metals And Minerals.

  • Is Taurus Novelties Limited a listed company?

    Taurus Novelties Limited is unlisted.

  • What is the capital structure of Taurus Novelties Limited?

    The authorized capital of Taurus Novelties Limited is ₹6.00 Cr, and the paid-up capital is ₹4.09 Cr.

  • What is the compliance status of Taurus Novelties Limited?

    The compliance status of Taurus Novelties Limited is Compliant.

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