About Novitas Asia Private Limited
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Novitas Asia Private Limited is a private limited company based in Nanded, Maharashtra, India. It operates in the building construction segment of the construction sector. It was incorporated on 19 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U43210MH2019PTC330767. Its GSTIN is 27AAGCN6902M1Z3 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Nagrall Construction Corporation Private Limited. It is led by directors including Yunus Makbool Shaikh and Taufiq Jilani Shaikh.
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 Nanded, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.45 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹13.6 Lakh (net margin 1.4%) and EBITDA of ₹18.84 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years and 92% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nagrall.com.
Company details
CIN history
Novitas Asia has one previous CIN (Corporate Identification Number): U45400MH2019PTC330767. The current CIN is U43210MH2019PTC330767, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U43210MH2019PTC330767 | Current |
| U45400MH2019PTC330767 | Previous |
Contact details
Novitas Asia Private Limited's registered office is in Nanded, Maharashtra.
- Registered AddressSurvey No. 26/B/1, Waghi Road Hasspur, Nanded, Maharashtra, India – 431602
- IndustryConstruction, Building Construction
- 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 Novitas Asia is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Novitas Asia Private Limited, buy the company report.
Financials of Novitas Asia Private Limited
FY 2025 filings availableNovitas Asia Private Limited reported revenue of ₹9.45 Cr (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 92%. EBITDA fell 62% 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 | ₹18.84 Lakh | ||||
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| Net Profit (PAT) | ₹13.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of Novitas Asia Private Limited, buy the company report.
Board of directors of Novitas Asia Private Limited
Novitas Asia has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shafayatullakhan Inayatullakhan Pathan | Additional Director | 25 Jul 2022 | 4 Years 3 Months | Current |
| Yunus Makbool Shaikh Also directs: Nagrall Foods Private Limited, Firasta Safar Private Limited, Nagrall India Private Limited and 2 more | Director | 19 Sep 2019 | 7 Years 1 Months | Current |
| Taufiq Jilani Shaikh | Director | 29 May 2025 | 1 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Novitas Asia 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 Novitas Asia Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novitas Asia has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCN6902M1Z3 | Maharashtra | Active | 09 Dec 2019 |
To see the full GST registrations and return filing status of Novitas Asia Private Limited, buy the company report.
Recent activity
Novitas Asia Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Taufiq Jilani Shaikh was appointed as Director on 29 May 2025.
Frequently asked questions
Novitas Asia is an active private limited company based in Nanded, Maharashtra, India. The company works in building construction, within the construction industry. It was incorporated on 19 September 2019 (7+ years old) and is registered under CIN U43210MH2019PTC330767.
Novitas Asia has 3 current directors:
- Shafayatullakhan Inayatullakhan Pathan - Additional Director
- Yunus Makbool Shaikh - Director
- Taufiq Jilani Shaikh - Director
The latest financial statements of Novitas Asia 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 2020 are in the company report.
The GSTIN of Novitas Asia is 27AAGCN6902M1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Novitas Asia is U43210MH2019PTC330767. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novitas Asia was incorporated on 19 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Nagpur.
Taufiq Jilani Shaikh was appointed as Director on 29 May 2025. Mastan Kalim Shaikh ceased to be Additional Director on 25 Jul 2022. Shafayatullakhan Inayatullakhan Pathan was appointed as Additional Director on 25 Jul 2022. Novitas Asia has 5 board changes on record in total.
Novitas Asia can be reached through the website nagrall.com. Its registered office is in Nanded, Maharashtra, India.
The registered office of Novitas Asia is at Survey No. 26B1, Waghi Road Hasspur, Nanded, Maharashtra, India – 431602.
Novitas Asia operates in the construction industry, in the building construction segment.
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