Novel Advisory Services Private Limited
About Novel Advisory Services Private Limited
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Novel Advisory Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the management consultancy segment of the business services sector. It was incorporated on 18 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC226170.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gunjan Kothari and Ankit Soni.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.34 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Lakh (net margin 12.4%) and EBITDA of ₹2.38 Lakh (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 57% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Novel Advisory Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1509 Ghanshyam Enclave Link Road Near Lalji Pada Police Chocki Kandivali, West, Mumbai, Maharashtra, India – 400067
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Novel Advisory Services 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 Novel Advisory Services is professional, scientific and technical activities. In detail, this covers legal and accounting activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 69 | Legal and accounting activities |
To see the full business activity and turnover split of Novel Advisory Services Private Limited, buy the company report.
Financials of Novel Advisory Services Private Limited
FY 2025 filings availableNovel Advisory Services Private Limited reported revenue of ₹14.34 Lakh (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 57%. EBITDA rose 1% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.38 Lakh | ||||
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| Net Profit (PAT) | ₹1.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 16.6% | ||||
| Net Profit Margin | 12.4% | ||||
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To see the full financial statements and ratios of Novel Advisory Services Private Limited, buy the company report.
Board of directors of Novel Advisory Services Private Limited
Novel Advisory Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gunjan Kothari Also directs: E- Chartered Consultancy Private Limited | Director | 27 Jul 2015 | 11 Years 2 Months | Current |
| Ankit Soni Also directs: Etaxcare (OPC) Private Limited | Director | 11 May 2015 | 11 Years 5 Months | Current |
Auditor
Novel Advisory Services Private Limited is audited by PAWAN MANDOWARA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAWAN MANDOWARA & CO | FY 2017 | 014436C |
Shareholding
The shareholding of Novel Advisory Services 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 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Novel Advisory Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Novel Advisory Services 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 Novel Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Novel Advisory Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Novel Advisory Services Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Gunjan Kothari was appointed as Director on 27 Jul 2015.
Frequently asked questions
Novel Advisory Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in management consultancy, within the business services industry. It was incorporated on 18 January 2012 (14+ years old) and is registered under CIN U74120MH2012PTC226170.
Novel Advisory Services has 2 current directors:
- Gunjan Kothari - Director
- Ankit Soni - Director
The latest financial statements of Novel Advisory Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Novel Advisory Services is U74120MH2012PTC226170. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novel Advisory Services was incorporated on 18 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Gunjan Kothari was appointed as Director on 27 Jul 2015. Somnath Rameshwar Vaidya ceased to be Director on 27 Jul 2015. Chitralekha Sadanand Karkera ceased to be Director on 14 May 2015. Novel Advisory Services has 8 board changes on record in total.
The registered office of Novel Advisory Services is at 1509 Ghanshyam Enclave Link Road Near Lalji Pada Police Chocki Kandivali, West, Mumbai, Maharashtra, India – 400067.
Novel Advisory Services operates in the business services industry, in the management consultancy segment.
The compliance status of Novel Advisory Services is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.
Novel Advisory Services can be reached at its registered office: 1509 Ghanshyam Enclave Link Road Near Lalji Pada Police Chocki Kandivali, West, Mumbai, Maharashtra, India – 400067.