About Naxnova Technologies Private Limited
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Naxnova Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 05 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2011PTC222752. Its GSTIN is 27AAFCR5312Q1ZY (Maharashtra). The company holds 11 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹188.01 Cr and a paid-up capital of ₹44.04 Cr. It was formerly known as Resync Auto Solutions Private Limited and Resync Imaging Solutions Private Limited. It is led by directors including Salil Kishore Musale (Managing Director) and Sameer Kishore Musale (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 76/79 Astarc House Takpada Makwana Lane Marol Andheri (E) Mumbai, 400059, Maharashtra, India – 400059.
As per the financials filed for FY 2025, the company reported a revenue of ₹680.12 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹73.83 Cr (net margin 10.9%) and EBITDA of ₹183.4 Cr (EBITDA margin 27%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 13% over five years.
The company has about 423 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Naxnova and Classic Stripes. As per MCA filings, the company has open charges of ₹734.81 Cr and satisfied charges of ₹1,134.73 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website naxnova.com.
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- Registered Address76/79 Astarc House Takpada Makwana Lane Marol Andheri (E) Mumbai, 400059, Maharashtra, India – 400059
- IndustryAutomotive, Auto Parts & Components
- 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
- One PDF report, delivered after checkout
Name History of Naxnova Technologies Private Limited
Naxnova Technologies has undergone 4 name changes throughout its history. The current legal name is Naxnova Technologies Private Limited.
| Company Name | Status |
|---|---|
| Naxnova Technologies Private Limited | Current |
| Resync Auto Solutions Private Limited | Previous |
| Resync Imaging Solutions Private Limited | Previous |
| Resync Agro Private Limited | Previous |
| Classic Stripes Private Limited | Previous |
CIN History of Naxnova Technologies Private Limited
Naxnova Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110MH2011PTC222752, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2011PTC222752 | Current |
| U01403MH2011PTC222752 | Previous |
| U52100MH2011PTC222752 | Previous |
Associated Brands with Naxnova Technologies Private Limited
Naxnova Technologies operates two associated brands: Naxnova and Classic Stripes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of automotive graphics and integrated surface augmentation solution | classicstripes.com | |
| Develops cutting-edge design and technology for automotive, healthcare, and consumer sectors. | naxnova.com |
Competitors & Alternatives of Naxnova Technologies Private Limited
Brands and companies operating in the same space as Naxnova Technologies Private Limited include Cummins, Valeo, UNO Minda and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Cummins | Manufacturer of gas-powered construction equipment | United States | 1919 |
 Valeo | Automotive products and services are supplied globally to automakers. | Paris, France | 1923 |
 UNO Minda | Manufacturer and supplier of major auto components to OEMs and tier 1 companies | Gurugram, India | 1958 |
 Novares | Major auto components are manufactured and supplied globally. | Clamart, France | 1955 |
 Schaeffler | Manufacturer of bearings for the automotive industry | Herzogenaurach, Germany | 1946 |
 Hutchinson | Manufacturer and supplier of major auto components | Paris, France | 1853 |
 Faurecia | Automotive components and systems are manufactured for vehicles. | Nanterre, France | 1997 |
 Endurance Technologies | Auto components including suspension and braking systems are manufactured. | Aurangabad, India | 1985 |
 ZF | Mobility systems are developed for cars, vehicles, and industrial uses. | Friedrichshafen, Germany | 1915 |
Business Activity of Naxnova Technologies Private Limited
The main business activity of Naxnova Technologies is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Naxnova Technologies Private Limited
Naxnova Technologies has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salil Kishore Musale Also directs: Farmhive Private Limited, Bhoomi Mining Private Limited, Astarc Enterprises Private Limited and 5 more | Managing Director | 23 May 2017 | 9 Years 4 Months | Current |
| Pandurang Vasantrao Chougale | Whole-Time Director | 15 Sep 2021 | 5 Years 0 Months | Current |
| Kishore Manohar Musale Also directs: Farmhive Private Limited, Bhoomi Mining Private Limited, Durabuild Technologies Private Limited and 5 more | Director | 23 May 2017 | 9 Years 4 Months | Current |
| Sameer Kishore Musale Also directs: Farmhive Private Limited, Classic Retail Imaging Solutions Private Limited, Astarc Power Private Limited and 5 more | Managing Director | 23 May 2017 | 9 Years 4 Months | Current |
Financials of Naxnova Technologies Private Limited FY 2024 filings available
Naxnova Technologies Private Limited reported revenue of ₹680.12 Cr (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Naxnova Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 41% growth in the latest year. EBITDA rose 4% 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 of Naxnova Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| EBITDA | ₹183.4 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹73.83 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Naxnova Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Naxnova Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Naxnova Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Feb 2025 | Others | ₹93 Cr | Open |
| 30 Jul 2024 | Others | ₹10 Cr | Open |
| 08 Jul 2024 | Others | ₹400 Cr | Open |
| 29 Apr 2023 | Axis Bank Limited | ₹53 Cr | Open |
| 28 Mar 2023 | Others | ₹30 Cr | Open |
Total charge records: 21 View all charges
Employees and EPFO Compliance at Naxnova Technologies Private Limited
Employment history and EPFO contributions of people linked to Naxnova Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Naxnova Technologies Private Limited
Naxnova Technologies has 11 GST registrations: 8 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR5312Q1ZY | Maharashtra | Active | 01 Jul 2017 |
| 27AAFCR5312Q2ZX | Maharashtra | Active | 21 Jul 2017 |
| 24AAFCR5312Q2Z3 | Gujarat | Active | 01 Jul 2017 |
| 05AAFCR5312Q1Z4 | Uttarakhand | Active | 06 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Naxnova Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Naxnova Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Naxnova Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Naxnova Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Naxnova Technologies Private Limited
Recent News on Naxnova Technologies Private Limited
Frequently Asked Questions about Naxnova Technologies Private Limited
Naxnova Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 05 October 2011 (15+ years old) and is registered under CIN U74110MH2011PTC222752.
Naxnova Technologies reported revenue of ₹680.12 Cr for FY 2025 (up 41% YoY).
Naxnova Technologies has 4 current directors:
- Salil Kishore Musale - Managing Director
- Sameer Kishore Musale - Managing Director
- Pandurang Vasantrao Chougale - Whole-Time Director
- Kishore Manohar Musale - Director
Naxnova Technologies reported a net profit of ₹73.83 Cr (net margin 10.9%) and EBITDA of ₹183.4 Cr (EBITDA margin 27%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Naxnova Technologies is 25% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 41%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Naxnova Technologies is 27AAFCR5312Q1ZY, registered in Maharashtra. The company has 11 GST registrations in all, of which 8 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAFCR5312Q2ZX (Maharashtra), 24AAFCR5312Q2Z3 (Gujarat), 05AAFCR5312Q1Z4 (Uttarakhand).
The CIN (Corporate Identification Number) of Naxnova Technologies is U74110MH2011PTC222752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Naxnova Technologies was incorporated on 05 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Naxnova Technologies can be reached through the website naxnova.com. Its registered office is in Mumbai, Maharashtra, India.