About Nova Cid Pvt Ltd
Data last updated:
Nova Cid Pvt Ltd is a private limited company based in Surat, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 11 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20297GJ1991PTC015396. Its GSTIN is 24AABCN0197M1ZB (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.48 Cr. It is led by directors including Ajay Kumar Jain and Jinesh Jain Kamal.
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 263 GIDC Estatepandesara, Surat, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.49 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹34.73 Lakh (net margin 1.1%) and EBITDA of ₹1.81 Cr (EBITDA margin 5.9%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 14% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.51 Cr and satisfied charges of ₹18.23 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.48 Cr; the latest was in September 2015. Its 10 peer companies in the Chemicals industry (Dyes and Pigments) are compared by revenue, 5 larger and 5 smaller; the largest is Sanjopin Industries Private Limited with revenue of ₹38.86 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novadyes.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address263 GIDC Estatepandesara, Surat, Gujarat, India
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
- 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
Business Activity of Nova Cid Pvt Ltd
The main business activity of Nova Cid is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical 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.
Financials of Nova Cid Pvt Ltd FY 2025 filings available
Nova Cid Pvt Ltd reported revenue of ₹30.49 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nova Cid Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 19% fall in the latest year. EBITDA rose 61% 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 Nova Cid Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹30.49 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.81 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹34.73 Lakh | •••• | •••• | •••• | •••• |
| 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 of Nova Cid Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Nova Cid 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.
Peer Comparison of Nova Cid Pvt Ltd
Nova Cid Pvt Ltd is compared with the companies closest to it by revenue in the Chemicals industry (Dyes and Pigments). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanjopin Industries Private Limited | ₹38.86 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Ahmedabad, Gujarat, India |
| True Colors Solutions & Technologies India Private Limited | ₹38.66 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Delhi, India |
| Suyog Dye Chemie Pvt Ltd | ₹38.62 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Bharuch, Gujarat, India |
| Dhara Colourchem Private Limited | ₹38.57 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Ahmedabad, Gujarat, India |
| Leomine Organics Private Limited | ₹38.15 Cr (FY 2025) | •••• | •••• | 82.0% | •••• | Mumbai, Maharashtra, India |
| Amtech Esters Limited | ₹36.97 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | New Delhi, Delhi, India |
| Omega Colors Private Limited | ₹36.91 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Avdhoot Pigments Pvt Ltd | ₹36.69 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Ahmedabad, Gujarat, India |
| Anil Colour Industries Private Limited | ₹36.08 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Gujarat, India |
| Arbuda Plastochem Private Limited | ₹35.76 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Karannagar, Gujarat, India |
| Nova Cid Pvt Ltd this company | ₹30.49 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Nova Cid by revenue in the Chemicals industry (Dyes and Pigments), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nova Cid Pvt Ltd
Nova Cid Pvt Ltd is audited by SHAH KAILASH & ASSOCIATES LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH KAILASH & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nova Cid Pvt Ltd
Nova Cid has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kumar Jain Also directs: Supernova Chemtech LLP, Suchitra Chemicals Private Limited | Director | 22 Nov 2003 | 22 Years 10 Months | Current |
| Jinesh Jain Kamal Also directs: Chandraprabhu Commodities LLP, Suchitra Chemicals Private Limited, Omsol Ink Industries LLP and 2 more | Director | 02 Sep 2016 | 10 Years 1 Months | Current |
| Ashish Omprkash Jain Also directs: Shalu Exports LLP, Chandraprabhu Commodities LLP, Shalu Dyeing and Printing Mills Pvt Ltd and 2 more | Director | 18 Nov 1997 | 28 Years 10 Months | Current |
Ownership and Shareholding of Nova Cid Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nova Cid Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2010 | Hdfc Bank Limited | ₹11.47 Cr | Open |
| 15 Mar 2010 | Hdfc Bank Limited | ₹10.04 Cr | Open |
| 30 Mar 2009 | Bank of Baroda | ₹7.18 Cr | Satisfied |
| 17 Jan 2007 | Bano of Baroda | ₹4.5 Cr | Satisfied |
| 12 Sep 2006 | Bank of Baroda | ₹3.75 Cr | Satisfied |
Total charge records: 9 View all charges
Deals & Funding of Nova Cid Pvt Ltd
Nova Cid Pvt Ltd has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.48 Cr; the latest was in September 2015.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2012 | Funding round | ₹2 Cr | Investors: Amrapali Metal Private Limited, Amrapali Creation Private Limited , Amrapali Devcon Private Limited |
| Mar 2011 | Funding round | ₹48.3 Lakh | Investors: Chandraprabhu Commodities Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Poonam Corporation Limited, Segment Mercantiles Pvt Ltd , Jmd Telefilms Industries Limited |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Nova Cid Pvt Ltd
Nova Cid Pvt Ltd has 5 court cases on record: 2 filed by Nova Cid, 3 filed against it. 1 case is pending and 4 are disposed. Status as checked between 21 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Criminal complaint | Filed against the company by Gujarat Polysol Chemicals Limited | Disposed |
| District court, SURAT, Gujarat | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Valsad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Asian Dyeing and Printing Mills | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Nova Cid Pvt Ltd
Nova Cid Pvt Ltd has a workforce of 10 employees as of Feb 14, 2026.
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.
CIN History of Nova Cid Pvt Ltd
Nova Cid has one previous CIN (Corporate Identification Number): U24110GJ1991PTC015396. The current CIN is U20297GJ1991PTC015396, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20297GJ1991PTC015396 | Current |
| U24110GJ1991PTC015396 | Previous |
Recent Activity on Nova Cid Pvt Ltd
Nova Cid Pvt Ltd has 3 board changes on record since 1997: 3 appointments. The latest: Jinesh Jain Kamal was appointed as Director on 02 Sep 2016.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nova Cid Pvt Ltd
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 Nova Cid Pvt Ltd
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 Nova Cid Pvt Ltd
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.
GST Compliance of Nova Cid Pvt Ltd
Nova Cid has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCN0197M1ZB | Gujarat | Active | 01 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.
MCA Filings & Documents of Nova Cid Pvt Ltd
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.
Frequently Asked Questions about Nova Cid Pvt Ltd
Nova Cid is an active private limited company based in Surat, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 11 April 1991 (35+ years old) and is registered under CIN U20297GJ1991PTC015396.
Nova Cid reported revenue of ₹30.49 Cr for FY 2025 (down 19% YoY).
Nova Cid has 3 current directors:
- Ajay Kumar Jain - Director
- Jinesh Jain Kamal - Director
- Ashish Omprkash Jain - Director
Nova Cid reported a net profit of ₹34.73 Lakh (net margin 1.1%) and EBITDA of ₹1.81 Cr (EBITDA margin 5.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nova Cid is -20% over three years and -14% over five years. In the latest year (FY 2025) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nova Cid is 24AABCN0197M1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Nova Cid is U20297GJ1991PTC015396. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nova Cid has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending.
Nova Cid was incorporated on 11 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nova Cid has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.48 Cr; the latest was in September 2015.
The peers of Nova Cid by revenue are Sanjopin Industries Private Limited, True Colors Solutions & Technologies India Private Limited, Suyog Dye Chemie Pvt Ltd, Dhara Colourchem Private Limited, Leomine Organics Private Limited and 5 more, all in the Chemicals industry (Dyes and Pigments).