MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-29-0006725
Nova Formworks Private Limited - manufacturing in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹42.8 Cr
▲ 10% YoY
Net profit · FY 2025
₹5.96 Cr
Net margin 13.9%
EBITDA · FY 2025
₹8.94 Cr
EBITDA margin 20.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹97.37 Lakh
Issued & subscribed
Open charges
₹12 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Employees · EPFO
34
Provident fund records
About Nova Formworks Private Limited
Data last updated:
Nova Formworks Private Limited is a private limited company based in Delhi, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 17 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U25206DL2005PTC137745. Its GSTIN is 09AAACW6106G1ZF (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹97.37 Lakh. It was formerly known as Wonder Mold Plast Private Limited. It is led by directors Vikas Kumar Mittal and Tina Mittal.
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 103 Ground Floor Hargovind Enclave, Delhi, India – 110092.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.8 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹5.96 Cr (net margin 13.9%) and EBITDA of ₹8.94 Cr (EBITDA margin 20.9%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 41% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nova Formworks. As per MCA filings, the company has open charges of ₹12 Cr on record. Court records list 26 cases involving the company, including 16 filed by the company and 10 filed against it; 8 cases are pending.
Nova Formworks Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0006725). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novaformworks.com.
Company details
CIN U25206DL2005PTC137745
Registration Number 137745
Incorporation Date 17 June 2005
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-29-0006725
Key People
Vikas Kumar Mittal Director Tina Mittal Director Recognitions & Rankings of Nova Formworks
Contact details
Nova Formworks Private Limited's registered office is in Delhi, Delhi. Its website is novaformworks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address103 Ground Floor Hargovind Enclave, Delhi, India – 110092
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Nova Formworks Private Limited, buy the company report.
Comprehensive company report
Nova Formworks 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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Brands
Nova Formworks operates one associated brand: Nova Formworks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers reusable plastic and aluminium formwork for construction projects worldwide. | novaformworks.com |
Business activity
The main business activity of Nova Formworks is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Nova Formworks Private Limited, buy the company report.
Financials of Nova Formworks Private Limited
FY 2025 filings availableNova Formworks Private Limited reported revenue of ₹42.8 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹42.8 Cr ▲ 10%
Net profit · FY 2025
₹5.96 Cr margin 13.9%
EBITDA · FY 2025
₹8.94 Cr margin 20.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 37%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 49%
5 years · compounded
▲ 63%
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 10% growth in the latest year. EBITDA rose 14% 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 |
|---|---|---|---|---|---|
| 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 | ₹8.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.96 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.9% | ||||
| Net Profit Margin | 13.9% | ||||
| 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 Nova Formworks Private Limited, buy the company report.
Board of directors of Nova Formworks Private Limited
Nova Formworks has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Kumar Mittal | Director | 17 Jun 2005 | 21 Years 4 Months | Current |
| Tina Mittal Also directs: Nova Landcraft LLP, Icon Plast (India) Private Limited, Nova Plasmold Private Limited and 3 more | Director | 17 Jun 2005 | 21 Years 4 Months | Current |
Peer comparison
Nova Formworks Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gaurav Containers Limited | ₹42.92 Cr (FY 2023) | 12.0% | Mumba, Maharashtra, India | |||
| Plasto-Pack (India) Pvt Ltd | ₹42.89 Cr (FY 2025) | -2.0% | Nagpur, Maharashtra, India | |||
| Siddhi Vinayak Plasticwares Private Limited | ₹42.82 Cr (FY 2025) | 30.0% | Kolkata, West Bengal, India | |||
| Master Components Limited | ₹42.81 Cr (FY 2025) | 67.0% | Nashik, Maharashtra, India | |||
| Nova Formworks Private Limitedthis company | ₹42.8 Cr (FY 2025) | ₹5.96 Cr | 13.9% | 10.0% | 34 | Delhi, India |
| Param Polymers Private Limited | ₹42.76 Cr (FY 2018) | 19.0% | Kolkata, West Bengal, India | |||
| R.P. Poly Packs Private Limited | ₹42.69 Cr (FY 2024) | -4.0% | Kolkata, West Bengal, India | |||
| Shiv Shakti Thermo Private Limited | ₹42.57 Cr (FY 2025) | -9.0% | Khalilabad, Uttar Pradesh, India | |||
| Vera Synthetic Limited | ₹42.5 Cr (FY 2025) | 8.0% | Bhavnagar, Gujarat, India |
To see the full peer comparison of Nova Formworks Private Limited, buy the company report.
Auditor
Nova Formworks Private Limited is audited by A J K R & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A J K R & ASSOCIATES | FY 2023 | 000516N |
Shareholding
The shareholding of Nova Formworks Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nova Formworks Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2024 | 100995500 | Sidbi | ₹1 Cr | Open | |
| 24 May 2024 | 100930471 | Others | ₹11 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Nova Formworks Private Limited has 26 court cases on record: 16 filed by Nova Formworks, 10 filed against it. 8 cases are pending and 18 are disposed.
Total cases
26
Filed by the company
16
Filed against the company
10
Pending
8
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 9 | 8 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against Kuberaa Projects Limited | Pending |
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against M/S Apm Design Build Pvt. Ltd. | Pending |
| District court, Shahdara, Delhi | Execution petition | Filed by the company against M/S Rajputana Constructions Pvt Ltd | Disposed |
| District court, Shahdara, Delhi | Interim or miscellaneous application | Filed by the company against M/S Rajputana Constructions Pvt Ltd | Disposed |
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against Pragmatic Infratech LLP Thru Its Partner and 2 others | Disposed |
To see the full case history of Nova Formworks Private Limited, buy the company report.
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.
MSME payment delays
Nova Formworks Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, 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 |
|---|---|---|---|
| Icon Plast (India) Private Limited |
To see the full MSME payment records of Nova Formworks Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nova Formworks Private Limited has a workforce of 34 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
34
Active EPFO establishments
1
Employee growth
70%
GST
Nova Formworks has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACW6106G1ZF | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nova Formworks Private Limited, buy the company report.
Recent activity
Nova Formworks Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Tina Mittal was appointed as Director on 17 Jun 2005.
AGM
Nova Formworks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nova Formworks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 100995500 was registered on 24 Oct 2024.
Charges
A charge with Others amounted to Rs. 11.00 Cr with Charge ID 100930471 was registered on 24 May 2024.
Appointed
Tina Mittal was appointed as Director.
Appointed
Vikas Kumar Mittal was appointed as Director.
Incorporation
17 Jun 2005
Nova Formworks Private Limited was registered on 17 Jun 2005 with Roc Delhi & aged 21 years 4 months as per MCA records.
Frequently asked questions
Nova Formworks is an active private limited company based in Delhi, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 17 June 2005 (21+ years old) and is registered under CIN U25206DL2005PTC137745.
Nova Formworks has 2 current directors:
- Vikas Kumar Mittal - Director
- Tina Mittal - Director
The latest financial statements of Nova Formworks 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 Formworks is 09AAACW6106G1ZF, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nova Formworks is U25206DL2005PTC137745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nova Formworks has 26 court cases on record: 16 filed by the company and 10 filed against it. 8 are pending. Most are in the district courts.
Nova Formworks was incorporated on 17 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Nova Formworks by revenue are Gaurav Containers Limited, Plasto-Pack (India) Pvt Ltd, Siddhi Vinayak Plasticwares Private Limited, Master Components Limited, Param Polymers Private Limited and 3 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Tina Mittal was appointed as Director on 17 Jun 2005. Vikas Kumar Mittal was appointed as Director on 17 Jun 2005.
Yes, Nova Formworks is registered as a small enterprise under Udyam registration (number: UDYAM-UP-29-0006725).
Nova Formworks has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Nova Formworks can be reached through the website novaformworks.com. Its registered office is in Delhi, India.
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