Navanidhi Design Solutions Private Limited
About Navanidhi Design Solutions Private Limited
Data last updated:
Navanidhi Design Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the arts and entertainment activities segment of the art and creative services sector. It was incorporated on 18 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2010PTC200201. Its GSTIN is 27AADCN1973B1ZO (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1.8 Lakh. It was formerly known as Navnidhi Design Solutions Private Limited. It is led by directors including Bela Bhavanidas Shanghvi and Gunvantiben Bhavanidas Shanghvi.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 28 Krishna Kunj 29/30 Dr. K. N. Munshi Marg 7th Floor Chowpatty, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2022, the company reported a revenue of ₹22.24 Lakh, a growth of 133% compared to the previous year. For the same year it recorded a net profit of ₹7.8 Lakh (net margin 35.1%) and EBITDA of ₹7.8 Lakh (EBITDA margin 35.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 102% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Navanidhi Design Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address28 Krishna Kunj 29/30 Dr. K. N. Munshi Marg 7th Floor Chowpatty, Mumbai, Maharashtra, India – 400007
- IndustryArt, Arts And Entertainment Activities, Creative
To see the full contact details of Navanidhi Design Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Navanidhi Design Solutions is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Navanidhi Design Solutions Private Limited, buy the company report.
Financials of Navanidhi Design Solutions Private Limited
FY 2022 filings availableNavanidhi Design Solutions Private Limited reported revenue of ₹22.24 Lakh (up 133% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 102% over five years, including 133% growth in the latest year. EBITDA rose 3% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹7.8 Lakh | ||||
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| Net Profit (PAT) | ₹7.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 35.1% | ||||
| Net Profit Margin | 35.1% | ||||
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To see the full financial statements and ratios of Navanidhi Design Solutions Private Limited, buy the company report.
Board of directors of Navanidhi Design Solutions Private Limited
Navanidhi Design Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bela Bhavanidas Shanghvi | Director | 18 Feb 2010 | 16 Years 8 Months | Current |
| Gunvantiben Bhavanidas Shanghvi | Director | 18 Feb 2010 | 16 Years 8 Months | Current |
| Sanjay Jayantilal Gandhi | Director | 04 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Navanidhi Design Solutions Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (creative, arts and entertainment activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hissa Private Limited | ₹22.46 Lakh (FY 2025) | 18.0% | Surat, Gujarat, India | |||
| Smita's Arts Private Limited | ₹22.44 Lakh (FY 2024) | 43.0% | Patna, Bihar, India | |||
| Synchronize Event Management and Services Private Limited | ₹22.32 Lakh (FY 2025) | -38.0% | Chennai, Tamil Nadu, India | |||
| Ideaberries Private Limited | ₹22.26 Lakh (FY 2018) | Vattapara, Kerala, India | ||||
| Navanidhi Design Solutions Private Limitedthis company | ₹22.24 Lakh (FY 2022) | ₹7.8 Lakh | 35.1% | 133.0% | Mumbai, Maharashtra, India | |
| Y K Media and Entertainment Private Limited | ₹22.24 Lakh (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Indologue Events and Ideas Private Limited | ₹22.17 Lakh (FY 2025) | -39.0% | Puducherry, India | |||
| Enchanted Events and Entertainment Private Limited | ₹22.11 Lakh (FY 2024) | Gandhidham, Gujarat, India |
To see the full peer comparison of Navanidhi Design Solutions Private Limited, buy the company report.
Auditor
Navanidhi Design Solutions Private Limited is audited by VINODVASANTLALMEHTA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINODVASANTLALMEHTA | FY 2017 | 041325 |
Shareholding
The shareholding of Navanidhi Design Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
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| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
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To see the full shareholding pattern of Navanidhi Design Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Navanidhi Design Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Navanidhi Design Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Navanidhi Design Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN1973B1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Navanidhi Design Solutions Private Limited, buy the company report.
Recent activity
Navanidhi Design Solutions Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Gunvantiben Bhavanidas Shanghvi ceased to be Director on 09 Jul 2018.
Frequently asked questions
Navanidhi Design Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in arts and entertainment activities, within the art industry. It was incorporated on 18 February 2010 (16+ years old) and is registered under CIN U72300MH2010PTC200201.
Navanidhi Design Solutions has 3 current directors:
- Bela Bhavanidas Shanghvi - Director
- Gunvantiben Bhavanidas Shanghvi - Director
- Sanjay Jayantilal Gandhi - Director
The latest financial statements of Navanidhi Design Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Navanidhi Design Solutions is 27AADCN1973B1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Navanidhi Design Solutions is U72300MH2010PTC200201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navanidhi Design Solutions was incorporated on 18 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Navanidhi Design Solutions by revenue are Hissa Private Limited, Smita's Arts Private Limited, Synchronize Event Management and Services Private Limited, Ideaberries Private Limited, Y K Media and Entertainment Private Limited and 2 more, all in the same principal business activity (creative, arts and entertainment activities).
Gunvantiben Bhavanidas Shanghvi ceased to be Director on 09 Jul 2018. Sanjay Jayantilal Gandhi was appointed as Director on 04 Jun 2018. Bela Bhavanidas Shanghvi was appointed as Director on 18 Feb 2010. Navanidhi Design Solutions has 4 board changes on record in total.
The registered office of Navanidhi Design Solutions is at 28 Krishna Kunj 2930 Dr. K. N. Munshi Marg 7th Floor Chowpatty, Mumbai, Maharashtra, India – 400007.
Navanidhi Design Solutions operates in the art industry, in the arts and entertainment activities segment.
The compliance status of Navanidhi Design Solutions is active non-compliant as of 24 September 2026. The company is actively filing with the Registrar of Companies.