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Bionova Solutions Private Limited - wood in Navsari, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.96 Cr
▲ 171% YoY
Net loss · FY 2024
₹6.86 Cr
Net margin -86.1%
EBITDA · FY 2024
-₹2.07 Cr
EBITDA margin -25.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹20 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
39
Provident fund records
About Bionova Solutions Private Limited
Data last updated:
Bionova Solutions Private Limited is a private limited company based in Navsari, Gujarat, India, a subsidiary of Nx Pack Private Limited and recognised as a startup by DPIIT. It operates in the furniture segment of the wood and timber products sector. It was incorporated on 23 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U37200GJ2020PTC114117. Its GSTIN is 24AAJCB0584A1Z5 (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Nitin Chunilal Mehta and Dhananjay Thakorbhai Desai.
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 C – 1 208 G I D C Antaliya Gandevi, Navsari, Gujarat, India – 396325.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.96 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.86 Cr (net margin -86.1%) and EBITDA of -₹2.07 Cr (EBITDA margin -25.9%).
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Cr on record.
Bionova Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-16-0002810). For more details, the company can be reached via its website bio-nova.in.
Company details
CIN U37200GJ2020PTC114117
Registration Number 114117
Incorporation Date 23 June 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Nx Pack Private Limited
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-GJ-16-0002810
Recognitions & Rankings of Bionova Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-16-0002810
Contact details
Bionova Solutions Private Limited's registered office is in Navsari, Gujarat. Its website is bio-nova.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 1 208 G I D C Antaliya Gandevi, Navsari, Gujarat, India – 396325
- IndustryWood, Furniture, Paper & Paper Products, Wood & Wood Products
To see the full contact details of Bionova Solutions Private Limited, buy the company report.
Comprehensive company report
Bionova Solutions 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 Bionova Solutions is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Bionova Solutions Private Limited, buy the company report.
Financials of Bionova Solutions Private Limited
FY 2025 filings availableBionova Solutions Private Limited reported revenue of ₹7.96 Cr (up 171% YoY) for FY 2024.
Revenue · FY 2024
₹7.96 Cr ▲ 171%
Net loss · FY 2024
₹6.86 Cr margin -86.1%
EBITDA · FY 2024
-₹2.07 Cr margin -25.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 171%
EBITDA CAGR growth
1 year
▼ 69%
3 years · compounded
▼ 164%
Revenue rose 171% in the latest year. EBITDA fell 69% 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 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 | -₹2.07 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.86 Cr | |||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -25.9% | |||
| Net Profit Margin | -86.1% | |||
| 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 Bionova Solutions Private Limited, buy the company report.
Board of directors of Bionova Solutions Private Limited
Bionova Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Chunilal Mehta Also directs: Ostern Pvt Ltd, Ruth Finvest Private Limited, Hi-Shine Writing Inks Private Limited and 4 more | Director | 23 Jun 2020 | 6 Years 4 Months | Current |
| Dhananjay Thakorbhai Desai | Director | 23 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Bionova Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Caspo Furniture Concepts Private Limited | ₹8 Cr (FY 2025) | 13.0% | Thane, Maharashtra, India | |||
| Katoosh Interiors Private Limited | ₹8 Cr (FY 2024) | 58.0% | Delhi, India | |||
| Greencon Industries Private Limited | ₹7.97 Cr (FY 2024) | 35.0% | Ahmedabad, Gujarat, India | |||
| Concord Hygiene India Private Limited | ₹7.96 Cr (FY 2021) | -38.0% | Mumbai, Maharashtra, India | |||
| One True Pairing Private Limited | ₹7.96 Cr (FY 2025) | 160.0% | Gurgaon, Haryana, India | |||
| Bionova Solutions Private Limitedthis company | ₹7.96 Cr (FY 2024) | -₹6.86 Cr | -86.1% | 171.0% | 39 | Navsari, Gujarat, India |
| SHP Buildcon India Private Limited | ₹7.96 Cr (FY 2024) | 11.0% | Bharuch, Gujarat, India | |||
| Master Stroke Interiors Private Limited | ₹7.95 Cr (FY 2024) | 154.0% | Delhi, India | |||
| SVS Creative Touch Interiors Private Limited | ₹7.95 Cr (FY 2025) | 16.0% | Bangalore, Karnataka, India | |||
| Sunbird India Private Limited | ₹7.95 Cr (FY 2025) | 1.0% | Nashik, Maharashtra, India | |||
| Kama Encore Packaging Solutions Private Limited | ₹7.95 Cr (FY 2025) | 3.0% | Vapi, Gujarat, India |
To see the full peer comparison of Bionova Solutions Private Limited, buy the company report.
Auditor
Bionova Solutions Private Limited is audited by AKKAD MEHTA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKKAD MEHTA & CO LLP | FY 2023 | 100259W/W100384 |
Shareholding
The shareholding of Bionova Solutions Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bionova Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 May 2021 | 100445639 | Others | ₹20 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Bionova Solutions 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
Bionova Solutions Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Akkad Mehta & Co LLP |
To see the full MSME payment records of Bionova Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bionova Solutions Private Limited has a workforce of 39 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
39
Active EPFO establishments
1
Employee growth
-13.33%
GST
Bionova Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCB0584A1Z5 | Gujarat | Active | 23 Oct 2020 |
To see the full GST registrations and return filing status of Bionova Solutions Private Limited, buy the company report.
Recent activity
Bionova Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Dhananjay Thakorbhai Desai was appointed as Director on 23 Jun 2020.
AGM
Bionova Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bionova Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100445639 was registered on 20 May 2021.
Appointed
Dhananjay Thakorbhai Desai was appointed as Director.
Appointed
Nitin Chunilal Mehta was appointed as Director.
Incorporation
23 Jun 2020
Bionova Solutions Private Limited was registered on 23 Jun 2020 with Roc Ahmedabad & aged 6 years 4 months as per MCA records.
Frequently asked questions
Bionova Solutions is an active private limited company based in Navsari, Gujarat, India. The company works in furniture, within the wood industry. It was incorporated on 23 June 2020 (6+ years old) and is registered under CIN U37200GJ2020PTC114117.
Bionova Solutions has 2 current directors:
- Nitin Chunilal Mehta - Director
- Dhananjay Thakorbhai Desai - Director
The latest financial statements of Bionova Solutions 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 Bionova Solutions is 24AAJCB0584A1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Bionova Solutions is U37200GJ2020PTC114117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bionova Solutions was incorporated on 23 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bionova Solutions by revenue are Caspo Furniture Concepts Private Limited, Katoosh Interiors Private Limited, Greencon Industries Private Limited, Concord Hygiene India Private Limited, One True Pairing Private Limited and 5 more, all in the same principal business activity (wood and wood products, furniture, paper and paper products).
Dhananjay Thakorbhai Desai was appointed as Director on 23 Jun 2020. Nitin Chunilal Mehta was appointed as Director on 23 Jun 2020.
Yes, Bionova Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Bionova Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-16-0002810).
Bionova Solutions has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 07 Feb 2024.
Bionova Solutions can be reached through the website bio-nova.in. Its registered office is in Navsari, Gujarat, India.
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