Novel Textiles Private Limited

Novel Textiles Private Limited - textile in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U17299GJ2020PTC113597 Incorporated 20 May 2020 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company textile DPIIT Startup
Data last updated
Revenue · FY 2022
₹1.63 Lakh
Latest filing
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting

About Novel Textiles Private Limited

Data last updated:

Novel Textiles Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the manufacturing segment of the textiles sector. It was incorporated on 20 May 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2020PTC113597. Its GSTIN is 24AAGCN9479D1Z6 (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dineshbhai Devjibhai Kachhadia and Manojbhai Tulsibhai Sorathiya.

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 Plot No. 38 Dwarkesh Nagari Opp. Gopinath Society Mota Varachha, Surat, Gujarat, India – 394101.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.63 Lakh.

Company details

CIN U17299GJ2020PTC113597
Registration Number 113597
Incorporation Date 20 May 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Novel Textiles

DPIIT recognised startup Government of India
Startup India

Contact details

Novel Textiles Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Plot No. 38 Dwarkesh Nagari Opp. Gopinath Society Mota Varachha, Surat, Gujarat, India – 394101
  • Industry
    Textile, Manufacturing, Textile

To see the full contact details of Novel Textiles Private Limited, buy the company report.

Comprehensive company report
Novel Textiles 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
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Financials of Novel Textiles Private Limited

FY 2025 filings available

Novel Textiles Private Limited reported revenue of ₹1.63 Lakh for FY 2022.

Revenue · FY 2022
₹1.63 Lakh

Financial Statement Summary

MetricsFY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations₹1.63 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2021-22FY 2020-21
Profitability
EBITDA Margin
Net Profit Margin
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 Novel Textiles Private Limited, buy the company report.

Board of directors of Novel Textiles Private Limited

Novel Textiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dineshbhai Devjibhai KachhadiaDirector20 May 20206 Years 5 MonthsCurrent
Manojbhai Tulsibhai SorathiyaDirector20 May 20206 Years 5 MonthsCurrent

Peer comparison

Novel Textiles Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
SJ Ventures Private Limited₹1.64 Lakh (FY 2022)95.0%Chennai, Tamil Nadu, India
Sri Sumugan Spinning Mills Private Limited₹1.63 Lakh (FY 2019)-96.0%Salem, Tamil Nadu, India
Shashwin Textiles Limited₹1.63 Lakh (FY 2025)74.0%Rajasthan, India
Carona Industries Private Limited₹1.63 Lakh (FY 2023)-64.0%Tirupur, Tamil Nadu, India
Capital Polymers Industries Private Limited₹1.63 Lakh (FY 2024)Delhi, India
Novel Textiles Private Limitedthis company₹1.63 Lakh (FY 2022)Surat, Gujarat, India
Pha-Elan Fashion Private Limited₹1.62 Lakh (FY 2025)36.0%Delhi, India
Taylor Hub Textiles Private Limited₹1.61 Lakh (FY 2025)Hyderabad, Telangana, India
Hemco Chemipol Private Limited₹1.6 Lakh (FY 2025)680.0%Mumbai, Maharashtra, India
Komal Filatex Private Limited₹1.6 Lakh (FY 2024)1261.0%Surat, Gujarat, India
Pattu Fabrics Private Limited₹1.6 Lakh (FY 2024)Bengaluru, Karnataka, India

To see the full peer comparison of Novel Textiles Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Novel Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Novel Textiles Private Limited has 1 active EPFO establishment as of Mar 28, 2024.

Active EPFO establishments
1

GST

Novel Textiles has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAGCN9479D1Z6GujaratActive25 Jun 2020

To see the full GST registrations and return filing status of Novel Textiles Private Limited, buy the company report.

Recent activity

Novel Textiles Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Sanjaykumar Labhubhai Dakhara ceased to be Director on 06 Mar 2023.

AGM
Novel Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Novel Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Sanjaykumar Labhubhai Dakhara ceased to be Director.
Appointed
Dineshbhai Devjibhai Kachhadia was appointed as Director.
Appointed
Manojbhai Tulsibhai Sorathiya was appointed as Director.
Incorporation
20 May 2020
Novel Textiles Private Limited was registered on 20 May 2020 with Roc Ahmedabad & aged 6 years 5 months as per MCA records.

Frequently asked questions

Novel Textiles is an active private limited company based in Surat, Gujarat, India. The company works in manufacturing, within the textile industry. It was incorporated on 20 May 2020 (6+ years old) and is registered under CIN U17299GJ2020PTC113597.

Novel Textiles has 2 current directors:

The latest financial statements of Novel Textiles 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 FY 2021 are in the company report.

The GSTIN of Novel Textiles is 24AAGCN9479D1Z6, registered in Gujarat.

The CIN (Corporate Identification Number) of Novel Textiles is U17299GJ2020PTC113597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Novel Textiles was incorporated on 20 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Novel Textiles by revenue are SJ Ventures Private Limited, Sri Sumugan Spinning Mills Private Limited, Shashwin Textiles Limited, Carona Industries Private Limited, Capital Polymers Industries Private Limited and 5 more, all in the Manufacturing industry (Textiles).

Sanjaykumar Labhubhai Dakhara ceased to be Director on 06 Mar 2023. Dineshbhai Devjibhai Kachhadia was appointed as Director on 20 May 2020. Manojbhai Tulsibhai Sorathiya was appointed as Director on 20 May 2020.

Yes, Novel Textiles is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Novel Textiles is at Plot No. 38 Dwarkesh Nagari Opp. Gopinath Society Mota Varachha, Surat, Gujarat, India – 394101.

Novel Textiles operates in the textile industry, in the manufacturing segment.