Nouveau Global Vent.
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Nouveau Global Ventures has entered into a secured term loan agreement with Prime Capital Market Limited for ₹1.5 crores, representing 21% of its market capitalisation. The loan is secured by equitable mortgage over two properties in Andheri West, Mumbai. Separately, the board approved the acquisition of film rights for approximately ₹1.5 crores, funded through the loan. The company, which reported zero revenue from operations in recent quarters, plans to use the funds for business requirements and film rights purchase. No special rights or related-party relationships were granted to the lender.
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Nouveau Global Ventures has entered into a secured term loan agreement with Prime Capital Market Limited for ₹1.5 crores, representing 21% of its market capitalisation. The loan is secured by equitable mortgage over two properties in Andheri West, Mumbai. Separately, the board approved the acquisition of film rights for approximately ₹1.5 crores, funded through the loan. The company, which reported zero revenue from operations in recent quarters, plans to use the funds for business requirements and film rights purchase. No special rights or related-party relationships were granted to the lender.
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What does Nouveau Global Vent. do?
Nouveau Multimedia Limited, based in Mumbai, India, specializes in acquiring and trading media telecast rights on national and regional television channels. It also offers financial and consultancy services, as well as engages in trading shares and securities.
Who are the competitors of Nouveau Global Vent.?
Nouveau Global Vent. major competitors are Universal Arts, Filmcity Media, Quantum Digi Vision, Vision Corporation, Purple Agrotech Ind., Khyati MultimediaEnt, ACE EduTrend. Market Cap of Nouveau Global Vent. is ₹6 Crs. While the median market cap of its peers are ₹5 Crs.
Is Nouveau Global Vent. financially stable compared to its competitors?
Nouveau Global Vent. seems to be less financially stable compared to its competitors. Altman Z score of Nouveau Global Vent. is 0 and is ranked 5 out of its 8 competitors.
Does Nouveau Global Vent. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Nouveau Global Vent. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Nouveau Global Vent. allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances
How strong is Nouveau Global Vent. balance sheet?
Nouveau Global Vent. balance sheet is weak and might have solvency issues
Is the profitablity of Nouveau Global Vent. improving?
The profit is oscillating. The profit of Nouveau Global Vent. is ₹0.57 Crs for Mar 2025, -₹0.22 Crs for Mar 2024 and -₹0.2 Crs for Mar 2023
Is the debt of Nouveau Global Vent. increasing or decreasing?
Yes, The net debt of Nouveau Global Vent. is increasing. Latest net debt of Nouveau Global Vent. is ₹7.85 Crs as of Mar-25. This is greater than Mar-24 when it was ₹7.83 Crs.
Is Nouveau Global Vent. stock expensive?
There is insufficient historical data to gauge this. Latest PE of Nouveau Global Vent. is 0
Has the share price of Nouveau Global Vent. grown faster than its competition?
Nouveau Global Vent. has given lower returns compared to its competitors. Nouveau Global Vent. has grown at ~-45.71% over the last 9yrs while peers have grown at a median rate of 22.37%
Is the promoter bullish about Nouveau Global Vent.?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Nouveau Global Vent. is 32.71% and last quarter promoter holding is 32.72%
Are mutual funds buying/selling Nouveau Global Vent.?
There is Insufficient data to gauge this.