MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TS-09-0002859
Asvasidh Novateur Developers Private Limited
Asvasidh Novateur Developers Private Limited - infrastructure and utilities in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹80.34 Lakh
▲ 5333% YoY
Net loss · FY 2025
₹62.6 Lakh
Net margin -77.9%
EBITDA · FY 2025
₹16.18 Lakh
EBITDA margin 20.1%
Authorised capital
₹2.05 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹15.09 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
3
Provident fund records
About Asvasidh Novateur Developers Private Limited
Data last updated:
Asvasidh Novateur Developers Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 25 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45209TG2012PTC080529. Its GSTIN is 36AAKCA5285A1ZS (Telangana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.05 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Varun Kancharla and Pragna Maharshi Madireddy.
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 3 4 9 &10 4th Floor Vaishnavi'S Tanmai Plaza Gachibowli, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2025, the company reported a revenue of ₹80.34 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹62.6 Lakh (net margin -77.9%) and EBITDA of ₹16.18 Lakh (EBITDA margin 20.1%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 48% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.09 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.99 Cr; the latest was in March 2016.
Asvasidh Novateur Developers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0002859). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U45209TG2012PTC080529
Registration Number 080529
Incorporation Date 25 April 2012
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-09-0002859
CIN history
Asvasidh Novateur Developers has one previous CIN (Corporate Identification Number): U45209AP2012PTC080529. The current CIN is U45209TG2012PTC080529, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45209TG2012PTC080529 | Current |
| U45209AP2012PTC080529 | Previous |
Recognitions & Rankings of Asvasidh Novateur Developers
Contact details
Asvasidh Novateur Developers Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 3 4 9 &10 4th Floor Vaishnavi'S Tanmai Plaza Gachibowli, Hyderabad, Telangana, India – 500032
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Asvasidh Novateur Developers Private Limited, buy the company report.
Comprehensive company report
Asvasidh Novateur Developers 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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Business activity
The main business activity of Asvasidh Novateur Developers is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Asvasidh Novateur Developers Private Limited, buy the company report.
Financials of Asvasidh Novateur Developers Private Limited
FY 2025 filings availableAsvasidh Novateur Developers Private Limited reported revenue of ₹80.34 Lakh (up 5333% YoY) for FY 2025.
Revenue · FY 2025
₹80.34 Lakh ▲ 5333%
Net loss · FY 2025
₹62.6 Lakh margin -77.9%
EBITDA · FY 2025
₹16.18 Lakh margin 20.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 56%
5 years · compounded
▼ 48%
EBITDA CAGR growth
1 year
▲ 117%
3 years · compounded
▼ 61%
5 years · compounded
▼ 44%
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years. EBITDA rose 117% 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 | ₹16.18 Lakh | ||||
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| Net Profit (PAT) | -₹62.6 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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| Profitability | |||||
| EBITDA Margin | 20.1% | ||||
| Net Profit Margin | -77.9% | ||||
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To see the full financial statements and ratios of Asvasidh Novateur Developers Private Limited, buy the company report.
Board of directors of Asvasidh Novateur Developers Private Limited
Asvasidh Novateur Developers has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Kancharla Also directs: Dezine Di Lusso LLP, Solnova Power Private Limited, Celebrityprime Infracon India Private Limited and 2 more | Director | 25 Apr 2012 | 14 Years 6 Months | Current |
| Pragna Maharshi Madireddy Also directs: Dezine Di Lusso LLP, Praki Trading LLP | Director | 25 Apr 2012 | 14 Years 6 Months | Current |
| Siddharth Kancharla Also directs: Dezine Di Lusso LLP, Solnova Power Private Limited, Celebrityprime Infracon India Private Limited and 2 more | Director | 25 Apr 2012 | 14 Years 6 Months | Current |
| Sai Neeraj Kumar Kodidala Also directs: Novateur Green Energies Private Limited, Novateur Infra India Private Limited, Diyatej Infra Private Limited and 5 more | Director | 25 Apr 2012 | 14 Years 6 Months | Current |
| Venkata Jagdish Prasad Kavuri | Director | 09 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Asvasidh Novateur Developers Private Limited is audited by GHANTASALAANDCO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GHANTASALAANDCO | FY 2022 | 000921S |
Shareholding
The shareholding of Asvasidh Novateur Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asvasidh Novateur Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.09 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2020 | 100355030 | Others | ₹89 Lakh | Open | |
| 20 Jan 2020 | 100331272 | Axis Bank Limited | ₹20.4 Lakh | Open | |
| 24 Jun 2016 | 100038336 | Others | ₹14 Cr | Open |
Total charge records: 3 View all charges
Deals & funding
Asvasidh Novateur Developers Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.99 Cr; the latest was in March 2016.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹1.99 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Jan 2016 | Funding round | ₹1.99 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asvasidh Novateur Developers Private Limited has 1 court case on record: 1 filed by Asvasidh Novateur Developers. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against State of Telangana and 2 Others and 2 others | Disposed |
To see the full case history of Asvasidh Novateur Developers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Asvasidh Novateur Developers Private Limited was last rated by Crisil on 21 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Jul 2020 |
To see the full credit ratings and regulatory alerts of Asvasidh Novateur Developers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asvasidh Novateur Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asvasidh Novateur Developers Private Limited has a workforce of 3 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-25%
GST
Asvasidh Novateur Developers has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAKCA5285A1ZS | Telangana | Active | 01 Jul 2017 |
| 37AAKCA5285A2ZP | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asvasidh Novateur Developers Private Limited, buy the company report.
Recent activity
Asvasidh Novateur Developers Private Limited has 5 board changes on record since 2012: 5 appointments. The latest: Venkata Jagdish Prasad Kavuri was appointed as Director on 09 Oct 2015.
AGM
Asvasidh Novateur Developers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Asvasidh Novateur Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 0.89 Cr with Charge ID 100355030 was registered on 31 Jul 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100331272 was registered on 20 Jan 2020.
Charges
A charge with Others amounted to Rs. 14.00 Cr with Charge ID 100038336 was registered on 24 Jun 2016.
Appointed
Venkata Jagdish Prasad Kavuri was appointed as Director.
Appointed
Pragna Maharshi Madireddy was appointed as Director.
Appointed
Sai Neeraj Kumar Kodidala was appointed as Director.
Appointed
Siddharth Kancharla was appointed as Director.
Appointed
Varun Kancharla was appointed as Director.
Incorporation
25 Apr 2012
Asvasidh Novateur Developers Private Limited was registered on 25 Apr 2012 with Roc Hyderabad & aged 14 years 6 months as per MCA records.
Frequently asked questions
Asvasidh Novateur Developers is an active private limited company based in Hyderabad, Telangana, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 25 April 2012 (14+ years old) and is registered under CIN U45209TG2012PTC080529.
Asvasidh Novateur Developers has 5 current directors:
- Varun Kancharla - Director
- Pragna Maharshi Madireddy - Director
- Siddharth Kancharla - Director
- Sai Neeraj Kumar Kodidala - Director
- Venkata Jagdish Prasad Kavuri - Director
The latest financial statements of Asvasidh Novateur Developers 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 GSTIN of Asvasidh Novateur Developers is 36AAKCA5285A1ZS, registered in Telangana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 37AAKCA5285A2ZP (Andhra Pradesh).
The CIN (Corporate Identification Number) of Asvasidh Novateur Developers is U45209TG2012PTC080529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asvasidh Novateur Developers has 1 court case on record: 1 filed by the company.
Asvasidh Novateur Developers was incorporated on 25 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
Asvasidh Novateur Developers has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.99 Cr; the latest was in March 2016.
Venkata Jagdish Prasad Kavuri was appointed as Director on 09 Oct 2015. Pragna Maharshi Madireddy was appointed as Director on 25 Apr 2012. Sai Neeraj Kumar Kodidala was appointed as Director on 25 Apr 2012. Asvasidh Novateur Developers has 5 board changes on record in total.
Yes, Asvasidh Novateur Developers is registered as a small enterprise under Udyam registration (number: UDYAM-TS-09-0002859).