Promoter holding
64.27%
NP
Novatech Projects (I) Private Limited - Due diligence report
A 360° intelligence report on Novatech Projects (I) Private Limited: trust score, financial health, credit view, compliance, directors, grow…
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Novatech Projects (I) Private Limited — 360° Intelligence Report
Generated from MCA filings & public records61/100
Trust Score
Moderate
Novatech Projects (I) Private Limited is assessed as Moderate with a Trust Score of 61/100. Novatech Projects (I) Private Limited is a private limited indian non-government company incorporated in 1984, operating in the Engineering sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.
Report generated on 24 Jul 2026 from the latest processed filings. Novatech Projects (I) Private Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
61/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
90/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
65/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 50/100 Moderate
- Liabilities ≈ 38% EBITDA - stretched.
- Open charges exceed net worth - secured lenders rank ahead.
- Working-capital cover adequate.
- Profitable - internal accruals available.
- Externally credit-rated (BB-).
Charges position: 15 open (209.40 cr) · 19 satisfied (27.80 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 10 | 48.0 cr |
| Bank Of Maharashtra | 12 | 48.0 cr |
| Axis Bank Limited | 1 | 48.0 cr |
| The Shamrao Vithal Co-Op. Bank Ltd. (Lead Bankers) | 1 | 48.0 cr |
| Standard Chartered Bank | 1 | 48.0 cr |
| Tata Capital Financial Services Limited | 1 | 48.0 cr |
Compliance Score: 5/100 Caution Indicated
- Company status is "Under Cirp" - not Active.
- Last balance sheet is for Mar 2022 - filings overdue.
- Flagged by authority: EPFO.
- Litigation present in 1 court forum(s).
- 2 auditor resignation(s) filed - latest: SS SANGHAVI & CO on 2024-06-12.
Legal cases on record (1)
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SOUMADEEP SUKUMAR GHOSH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SUKUMAR KALIPADA GHOSH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NEHA JAIN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 3 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2022)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2022 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
8 allotment(s) · 0 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 65 · Distress 55
Growth signals & trust indicators
Latest year revenue grew 1.42.
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
Operating for 41+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Statutory filings appear overdue.
Adverse company status: Under Cirp.
Compliance score is weak (5/100).
15 open charge(s) registered - assets are encumbered.
2 auditor resignation(s) on record - review the stated reasons.
1 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence37/100
Caution indicated
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 2 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment51/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 15 open charge(s) of 209.40 cr already registered.
- Compliance gaps should be priced into terms.
Investor view73/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 3 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events11 Dec 2024
Director appointed
NEHA JAIN (IRP/RP/Liquidator)
29 Sep 2022
Last AGM held
Annual general meeting
24 May 2022
Securities allotted
4000000 Equity Shares - 4.00 cr raised
31 Mar 2022
Latest balance sheet
Filed with ROC
28 Mar 2022
Charge created
Others - 38.00 Lakh
15 Jul 2021
Director ceased
RAJDEEP SUKUMAR GHOSH
Director ceased
MADHURI SUKUMAR GHOSH
05 Jul 2021
Securities allotted
3000000 Equity Shares - 3.00 cr raised
13 Nov 2020
Charge created
Others - 3.99 cr
12 Feb 2020
Charge created
Others - 2.00 cr
25 Jan 2019
Charge created
Others - 1.00 cr
21 Dec 2018
Charge created
Axis Bank Limited - 12.50 cr
18 Jul 2018
Charge created
Others - 11.38 Lakh
19 Jan 2018
Charge created
Others - 5.00 cr
30 Oct 2017
Charge created
Standard Chartered Bank - 2.00 cr
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Key Observations
Auto-generated from the data aboveRevenue declined 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
Carries an external credit rating of BB- from Brickwork.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 8 security allotment(s) - amounts available in the full report.
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12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Novatech Projects (I) Private Limited before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Novatech Projects (I) Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 65/100, margin trends, ownership structure and peer set for Novatech Projects (I) Private Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Caution indicated. Trust score 61/100, distress signals and MSME payment-delay disclosures - know whether Novatech Projects (I) Private Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Novatech Projects (I) Private Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Novatech Projects (I) Private Limited an active company?
Novatech Projects (I) Private Limited has MCA status “Under Cirp” with a compliance score of 5/100 (Caution Indicated).
Is Novatech Projects (I) Private Limited financially healthy?
Novatech Projects (I) Private Limited has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.
Should I do business with Novatech Projects (I) Private Limited?
Its overall Trust Score is 61/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Novatech Projects (I) Private Limited?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.
Does Novatech Projects (I) Private Limited have loans or charges against its assets?
15 open charge(s) are registered against its assets, and 19 earlier charge(s) stand satisfied.
Is Novatech Projects (I) Private Limited up to date with its ROC filings?
Last balance sheet is for Mar 2022 - filings overdue. Overall compliance score: 5/100 (Caution Indicated).
Is it risky to lend to Novatech Projects (I) Private Limited?
Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
