About Nova Acr Services (India) Private Limited
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Nova Acr Services (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Somerset Holdings And Investments Private Limited. It operates in the online electronics retail segment of the e-commerce sector. It was incorporated on 03 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2010PTC199653. Its GSTIN is 27AADCN1872D1ZM (Maharashtra). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.6 Lakh. It is led by directors Shilpa Gurnaney Panicker and Radhakishin Tirathdas Gurnaney.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.68 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹15.13 Lakh (net margin 90.7%) and EBITDA of ₹14.04 Lakh (EBITDA margin 84.2%). Revenue has grown at a compounded annual rate (CAGR) of 131% over three years and 7% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹15.5 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 novainitiative.com.
Company details
Contact details
Nova Acr Services (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is novainitiative.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address339 Udyog Mandir Ground Floor Block No. 22 Bhagoji Keer Marg Mahim (, West), Mumbai, Maharashtra, India – 400016
- IndustryE-Commerce, Online Electronics Retail
To see the full contact details of Nova Acr Services (India) Private Limited, buy the company report.
- 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 Nova Acr Services (India) is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
Financials of Nova Acr Services (India) Private Limited
FY 2025 filings availableNova Acr Services (India) Private Limited reported revenue of ₹16.68 Lakh (down 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 59% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 108% 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 | ₹14.04 Lakh | ||||
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| Net Profit (PAT) | ₹15.13 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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| EBITDA Margin | 84.2% | ||||
| Net Profit Margin | 90.7% | ||||
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To see the full financial statements and ratios of Nova Acr Services (India) Private Limited, buy the company report.
Board of directors of Nova Acr Services (India) Private Limited
Nova Acr Services (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Gurnaney Panicker | Director | 16 Sep 2021 | 5 Years 1 Months | Current |
| Radhakishin Tirathdas Gurnaney | Director | 03 Feb 2010 | 16 Years 8 Months | Current |
Auditor
Nova Acr Services (India) Private Limited is audited by DESHMUKH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DESHMUKH & ASSOCIATES | FY 2018 | 102375W |
Shareholding
The shareholding of Nova Acr Services (India) Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nova Acr Services (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2011 | 10286865 | Oriental Bank of Commerce | ₹15.5 Cr | Satisfied |
To see the full charge records of Nova Acr Services (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Nova Acr Services (India) 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 Nova Acr Services (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nova Acr Services (India) Private Limited has a workforce of 2 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Nova Acr Services (India) has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN1872D1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nova Acr Services (India) Private Limited, buy the company report.
Recent activity
Nova Acr Services (India) Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Lata Radhakishin Gurnaney ceased to be Director on 29 Sep 2021.
Frequently asked questions
Nova Acr Services (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in online electronics retail, within the e-commerce industry. It was incorporated on 03 February 2010 (16+ years old) and is registered under CIN U74900MH2010PTC199653.
Nova Acr Services (India) has 2 current directors:
- Shilpa Gurnaney Panicker - Director
- Radhakishin Tirathdas Gurnaney - Director
The latest financial statements of Nova Acr Services (India) 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 Nova Acr Services (India) is 27AADCN1872D1ZM, registered in Maharashtra. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Nova Acr Services (India) is U74900MH2010PTC199653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nova Acr Services (India) was incorporated on 03 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Lata Radhakishin Gurnaney ceased to be Director on 29 Sep 2021. Shilpa Gurnaney Panicker was appointed as Director on 16 Sep 2021. Radhakishin Tirathdas Gurnaney was appointed as Director on 03 Feb 2010.
Nova Acr Services (India) can be reached through the website novainitiative.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nova Acr Services (India) is at 339 Udyog Mandir Ground Floor Block No. 22 Bhagoji Keer Marg Mahim , West, Mumbai, Maharashtra, India – 400016.
Nova Acr Services (India) operates in the e-commerce industry, in the online electronics retail segment.