Nanova

Mumbai, India Founded: 2015 • Age: 11 yrs Acquired By Asian Paints
Manufacturer of nanotechnology-based coatings, paints, resins, and polymers for various applications

About Nanova

Nanova is a Chemicals & Materials company based in Mumbai (India) founded in 2015 by Swapan Kumar Ghosh, Faisal Ansari, and K Rajesh Kumar, and was acquired by Asian Paints in February 2024. Manufacturer of nanotechnology-based coatings, paints, resins, and polymers for various applications. It operates in the Chemicals & Materials and Technology sectors. The company has 31 employees. Its Indian entity Harind Chemicals And Pharmaceuticals Private Limited reported revenue of β‚Ή46.99 Cr. Nanova offers products and services including Ultracorr ACX-W, Ultrapel MicroB 150, Supershine, and Lotus Clean XT. Its focus areas include High Tech, Nanotechnology, Nanointermediates and Nanocoating.

Company details

Nanova was established in 2015 in Mumbai, India, as a manufacturer focused on nanotechnology-derived coatings, paints, resins, and polymers. Functional coatings are supplied to sectors such as HVAC-R, automotive, and building construction, encompassing anti-corrosion, anti-graffiti, anti-dust, anti-microbial, and anti-fog variants. Specialty materials like silicone resins, silicone epoxy resins, and polysilazane polymers are also developed for diverse uses.

Key Metrics
  • Annual Revenue
    ₹46.99 Cr

    FY 2026 · +23% YoY

  • Net Profit
    ₹11.32 Cr

    FY 2026 · 24% margin

  • EBITDA
    ₹15.98 Cr

    FY 2026 · 34% margin

  • Investors
  • Employee Count
    31
  • Acquired by
    Asian Paints

    (Feb 2024)

Products & Services of Nanova

Nanova offers a comprehensive portfolio of products and services, including Ultracorr ACX-W, Ultrapel MicroB 150, Supershine, and Lotus Clean XT.

Ultracorr ACX-W
Anti-Corrosion Coating

Water-based thin-film nano-coating for corrosion protection on coils.

Ultrapel MicroB 150
Anti-Microbial Coating

Nano spray for filters to prevent microbial growth and dust.

Supershine
Protective Coating

Nano ceramic coating for paint protection with high hardness.

Lotus Clean XT
Water-Repellent Coating

Self-cleaning nano-modified emulsion for exterior walls.

Apps and channels of Nanova

its YouTube channel NANOVA CARE COAT has 3 subscribers.

NANOVA CARE COAT
YouTube 3 subscribers
Open channel

Investors in Nanova

Nanova has secured backing from 1 investor. Prominent investors backing the company include Asian Paints.

All
InvestorDescriptionFounded YearDomainLocation
Industrial and decorative paints are manufactured along with related solutions.
1942asianpaints.comMumbai, India
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Investor details for Nanova

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Board of directors of Harind Chemicals And Pharmaceuticals Private Limited (Nanova)

Harind Chemicals And Pharmaceuticals Private Limited is the primary company behind Nanova. The board of Harind Chemicals And Pharmaceuticals Private Limited currently have 3 directors; the longest-serving is Swapan Kumar Ghosh, appointed in 2016. 13 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Swapan Kumar Ghosh
DIN 03434036
Whole-time director10 Aug 201610 yrs 2 moHarind Chemicals And Pharmaceuticals Private Limited
Rahul Bhatnagar
DIN 09660086
Director14 Feb 20242 yrs 8 moHarind Chemicals And Pharmaceuticals Private Limited
Gagandeep Singh Kalsi
DIN 10473109
Director14 Feb 20242 yrs 8 moHarind Chemicals And Pharmaceuticals Private Limited

People of Nanova

3 people are tracked at Nanova (3 in leadership); the tracked headcount is 31.

NameRoleGroup
Co-FounderLeadership
Faisal Ansari
Co-FounderLeadership
K Rajesh Kumar
Co-FounderLeadership
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Financials of Nanova

Figures of Harind Chemicals And Pharmaceuticals Private Limited, the primary company behind Nanova, for FY 2026. Revenue was ₹46.99 Cr (+23% year on year). Net profit was ₹11.32 Cr (24% margin). EBITDA was ₹15.98 Cr (34% margin). Revenue has grown at a compounded annual rate of 0% over three years and 0% over five years.

  • ₹46.99 CrRevenue · FY 2026 · +23% YoY
  • ₹11.32 CrNet profit · 24% margin
  • ₹15.98 CrEBITDA · 34% margin
  • ₹20 LakhPaid-up capital
  • 35Employees (provident fund records)
  • 0%Revenue CAGR, 3 years
  • 0%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Harind Chemicals And Pharmaceuticals Private Limited are on its company page.

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Detailed financial statements for Nanova

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Timeline of Nanova

2 dated milestones of Nanova across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nanova is founded.
  2. Exit Acquired by Asian Paints.
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Related news about Nanova

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Frequently Asked Questions about Nanova

Nanova was founded in 2015.

Nanova is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Nanova has 31 employees.

The primary company behind Nanova, Harind Chemicals And Pharmaceuticals Private Limited, reported revenue of β‚Ή46.99 Cr for FY 2026, up 23% year on year.

Nanova was established in 2015 in Mumbai, India, as a manufacturer focused on nanotechnology-derived coatings, paints, resins, and polymers. Functional coatings are supplied to sectors such as HVAC-R, automotive, and building construction, encompassing anti-corrosion, anti-graffiti, anti-dust, anti-microbial, and anti-fog variants. Specialty materials like silicone resins, silicone epoxy resins, and polysilazane polymers are also developed for diverse uses.

Nanova offers Ultracorr ACX-W, Ultrapel MicroB 150, Supershine, and Lotus Clean XT.

Nanova has 1 investor. Key investors include Asian Paints.

Nanova operates through Harind Chemicals And Pharmaceuticals Private Limited.

Yes. Nanova was acquired by Asian Paints in February 2024.

The legal entities of Nanova currently have 4 directors, including Swapan Kumar Ghosh, Mohammed Suhel Chaklawala, Rahul Bhatnagar and others.

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