MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0030588
Novaestar Solutions Private Limited - e-commerce in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹95.35 Cr
▲ 163% YoY
Net profit · FY 2026
₹71.11 Lakh
Net margin 0.7%
EBITDA · FY 2026
₹95.76 Lakh
EBITDA margin 1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
5
GST registered
About Novaestar Solutions Private Limited
Data last updated:
Novaestar Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 29 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52339MH2019PTC328639. Its GSTIN is 27AAGCN6278E1Z7 (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jharna Sachin Doshi and Dhrumil Mayur Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹95.35 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹71.11 Lakh (net margin 0.7%) and EBITDA of ₹95.76 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 573% over five years.
Novaestar Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0030588). For more details, the company can be reached via its website novaestar.in.
Company details
CIN U52339MH2019PTC328639
Registration Number 328639
Incorporation Date 29 July 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0030588
Recognitions & Rankings of Novaestar Solutions
Contact details
Novaestar 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 AddressUnit No. 401 Ijmima Imitation Jewe, Off Link Road Malad West, Mumbai, Maharashtra, India – 400064
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Novaestar Solutions Private Limited, buy the company report.
Comprehensive company report
Novaestar Solutions Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Novaestar Solutions is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Novaestar Solutions Private Limited, buy the company report.
Financials of Novaestar Solutions Private Limited
FY 2026 filings availableNovaestar Solutions Private Limited reported revenue of ₹95.35 Cr (up 163% YoY) for FY 2026.
Revenue · FY 2026
₹95.35 Cr ▲ 163%
Net profit · FY 2026
₹71.11 Lakh margin 0.7%
EBITDA · FY 2026
₹95.76 Lakh margin 1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 163%
5 years · compounded
▲ 573%
EBITDA CAGR growth
1 year
▲ 208%
3 years · compounded
▲ 221%
5 years · compounded
▲ 204%
Revenue has grown at a compounded annual rate (CAGR) of 573% over five years, including 163% growth in the latest year. EBITDA rose 208% 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹95.35 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹95.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹71.11 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Novaestar Solutions Private Limited, buy the company report.
Board of directors of Novaestar Solutions Private Limited
Novaestar Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jharna Sachin Doshi | Director | 29 Jul 2019 | 7 Years 3 Months | Current |
| Dhrumil Mayur Shah | Director | 07 Jun 2024 | 2 Years 5 Months | Current |
Auditor
Novaestar Solutions Private Limited is audited by Vidya Rattan B R Gopala Rao & Co. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vidya Rattan B R Gopala Rao & Co. | FY 2026 | 001034N |
Shareholding
The shareholding of Novaestar Solutions Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Novaestar Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Novaestar 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 Novaestar Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novaestar Solutions has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCN6278E1Z7 | Maharashtra | Active | 03 Dec 2019 |
| 29AAGCN6278E1Z3 | Karnataka | Active | 30 Apr 2020 |
| 06AAGCN6278E1ZB | Haryana | Active | 21 Jul 2020 |
| 36AAGCN6278E1Z8 | Telangana | Active | 08 Dec 2020 |
To see the full GST registrations and return filing status of Novaestar Solutions Private Limited, buy the company report.
Recent activity
Novaestar Solutions Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Dhrumil Mayur Shah ceased to be Additional Director on 29 Sep 2024.
Filing
Novaestar Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
AGM
Novaestar Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Dhrumil Mayur Shah ceased to be Additional Director.
Ceased
Nikita Bhavik Sanghavi ceased to be Director.
Appointed
Dhrumil Mayur Shah was appointed as Director.
Appointed
Jharna Sachin Doshi was appointed as Director.
Incorporation
29 Jul 2019
Novaestar Solutions Private Limited was registered on 29 Jul 2019 with Roc Mumbai & aged 7 years 3 months as per MCA records.
Frequently asked questions
Novaestar Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 29 July 2019 (7+ years old) and is registered under CIN U52339MH2019PTC328639.
Novaestar Solutions has 2 current directors:
- Jharna Sachin Doshi - Director
- Dhrumil Mayur Shah - Director
The latest financial statements of Novaestar Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Novaestar Solutions is 27AAGCN6278E1Z7, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 29AAGCN6278E1Z3 (Karnataka), 06AAGCN6278E1ZB (Haryana), 36AAGCN6278E1Z8 (Telangana).
The CIN (Corporate Identification Number) of Novaestar Solutions is U52339MH2019PTC328639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novaestar Solutions was incorporated on 29 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Dhrumil Mayur Shah ceased to be Additional Director on 29 Sep 2024. Nikita Bhavik Sanghavi ceased to be Director on 09 Jul 2024. Dhrumil Mayur Shah was appointed as Director on 07 Jun 2024. Novaestar Solutions has 4 board changes on record in total.
Yes, Novaestar Solutions is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0030588).
Novaestar Solutions can be reached through the website novaestar.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Novaestar Solutions is at Unit No. 401 Ijmima Imitation Jewe, Off Link Road Malad West, Mumbai, Maharashtra, India – 400064.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages