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:
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.09 Cr
  • Company Age 31 Year, 4 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 2026-2027

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Ranganathan Vasantha Kumar Director 24 Jun 2009 Current
Rajagopalan Srivathsan Managing Director 11 Jan 1995 Current
Gummadi Subba Rao Whole-Time Director 11 Jan 1995 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 28 Sep 2009 Past
Pramod Abcsdd Whole-Time Director 29 May 2009 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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*******
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -10.21%
*******
*******
*******
*******
Profit or Loss
*******
 -69.16%
*******
*******
*******
*******
Net Worth
*******
 -4.12%
*******
*******
*******
*******
EBITDA
*******
 -69.16%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
08 Oct 1999 Canara Bank ₹0.60 M Open
08 Oct 1999 Canara Bank ₹0.60 M Open
13 May 1998 Canara Bank ₹5.00 M Open
13 May 1998 Canara Bank ₹5.00 M Open
13 May 1998 Canara Bank ₹2.07 Cr Open

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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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

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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

    Progress on Taurus Novelties Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore. was documented.

  • 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 10 months . was completed.

  • Charges

    The activity 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 completed.

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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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