About Novel Structural Developers Private Limited
Data last updated:
Novel Structural Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the alteration and renovation services segment of the construction sector. It was incorporated on 30 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2018PTC317709. Its GSTIN is 27AAGCN3054N1Z4 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mohit Shrinivas Salvankar and Vijendra Gairola.
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 912 9th Flooor Sureshwari Techno IT Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹99.93 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹91.65 Lakh (net margin 91.7%) and EBITDA of ₹91.77 Lakh (EBITDA margin 91.8%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novelbuildtech.com.
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- Website
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- Registered Address912 9th Flooor Sureshwari Techno IT Park Premises Cs Ltd, Link Road Near Eskay Resorts, Mumbai, Maharashtra, India – 400092
- IndustryConstruction, Alteration, Repair & Maintenance, Civil Engineering, Construction, Complete Constructions
- 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
- One PDF report, delivered after checkout
Business Activity of Novel Structural Developers Private Limited
The main business activity of Novel Structural Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Novel Structural Developers Private Limited FY 2025 filings available
Novel Structural Developers Private Limited reported revenue of ₹99.93 Lakh (up 722% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Novel Structural Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 722% growth in the latest year. EBITDA rose 689% 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 of Novel Structural Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹91.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹91.65 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 of Novel Structural Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 91.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Novel Structural Developers are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Novel Structural Developers Private Limited
Novel Structural Developers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Shrinivas Salvankar Also directs: Induscann Biogrowth Private Limited | Director | 30 Nov 2018 | 7 Years 10 Months | Current |
| Vijendra Gairola Also directs: Jam Sustainable Housing LLP, Induscann Biogrowth Private Limited, Induscann Research Private Limited and 3 more | Director | 30 Nov 2018 | 7 Years 10 Months | Current |
Peer Comparison of Novel Structural Developers Private Limited
Novel Structural Developers Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Buildings). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greenland Homes Private Limited | ₹1 Cr (FY 2024) | •••• | •••• | 64.0% | •••• | Jamshedpur, Jharkhand, India |
| Zanat Horticulture Private Limited | ₹1 Cr (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Hope Infratech Private Limited | ₹1 Cr (FY 2024) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Life Infra Engineers Private Limited | ₹99.98 Lakh (FY 2024) | •••• | •••• | 454.0% | •••• | Govindapalli, Odisha, India |
| Chourasia Constructions and Infrastructure India Private Limited | ₹99.94 Lakh (FY 2019) | •••• | •••• | -89.0% | •••• | Bangalore, Karnataka, India |
| Novel Structural Developers Private Limited this company | ₹99.93 Lakh (FY 2025) | •••• | •••• | 722.0% | •••• | Mumbai, Maharashtra, India |
| Salasar Inframart Private Limited | ₹99.92 Lakh (FY 2017) | •••• | •••• | 384.0% | •••• | Indore, Madhya Pradesh, India |
| Ganesh Infratownship Private Limited | ₹99.89 Lakh (FY 2017) | •••• | •••• | 3.0% | •••• | Delhi, India |
| Raj Buildauto Private Limited | ₹99.89 Lakh (FY 2025) | •••• | •••• | 106.0% | •••• | Delhi, India |
| Lakhan Infrastructure Limited | ₹99.87 Lakh (FY 2015) | •••• | •••• | 2.0% | •••• | Patna, Bihar, India |
| Anand Infraworks Private Limited | ₹99.87 Lakh (FY 2025) | •••• | •••• | 80.0% | •••• | Dausa, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Novel Structural Developers by revenue in the same principal business activity (Buildings), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Novel Structural Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Novel Structural Developers Private Limited
Novel Structural Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Novel Structural Developers Private Limited
Employment history and EPFO contributions of people linked to Novel Structural Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Novel Structural Developers Private Limited
Novel Structural Developers Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Sudhir Kumar ceased to be Director on 09 Jan 2019.
Credit Ratings, Litigation & Regulatory Alerts for Novel Structural Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Novel Structural Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Novel Structural Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Novel Structural Developers Private Limited
Novel Structural Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCN3054N1Z4 | Maharashtra | Active | 31 Jan 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Novel Structural Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Novel Structural Developers Private Limited
Novel Structural Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in alteration, within the construction industry. It was incorporated on 30 November 2018 (8+ years old) and is registered under CIN U45201MH2018PTC317709.
Novel Structural Developers reported revenue of ₹99.93 Lakh for FY 2025 (up 722% YoY).
Novel Structural Developers has 2 current directors:
- Mohit Shrinivas Salvankar - Director
- Vijendra Gairola - Director
Novel Structural Developers reported a net profit of ₹91.65 Lakh (net margin 91.7%) and EBITDA of ₹91.77 Lakh (EBITDA margin 91.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Novel Structural Developers is 74% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 722%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Novel Structural Developers is 27AAGCN3054N1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Novel Structural Developers is U45201MH2018PTC317709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novel Structural Developers was incorporated on 30 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Novel Structural Developers by revenue are Greenland Homes Private Limited, Zanat Horticulture Private Limited, Hope Infratech Private Limited, Life Infra Engineers Private Limited, Chourasia Constructions and Infrastructure India Private Limited and 5 more, all in the same principal business activity (Buildings).
Sudhir Kumar ceased to be Director on 09 Jan 2019. Mohit Shrinivas Salvankar was appointed as Director on 30 Nov 2018. Vijendra Gairola was appointed as Director on 30 Nov 2018.
Novel Structural Developers can be reached through the website novelbuildtech.com. Its registered office is in Mumbai, Maharashtra, India.