About Nova Pulse Ivf Clinic Private Limited
Data last updated:
Nova Pulse Ivf Clinic Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Nova Medical Centers Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the ivf and maternity care centers segment of the healthcare sector. It was incorporated on 13 October 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2010PTC375458. Its GSTIN is 27AAECB2968H1ZI (Maharashtra). The company held 19 GST registrations, of which 18 are active.
The company had an authorised share capital of ₹75 Cr and a paid-up capital of ₹70.12 Cr. It was formerly known as Baby Nova Birthing Centers Private Limited. It was led by directors including Kumar Shobhit Agarwal and Ritesh Pandey.
Its last annual general meeting (AGM) was held on 29 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 7A 9th Floor Pinnacle Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹308.12 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹5.16 Cr (net margin -1.7%) and EBITDA of ₹49.1 Cr (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
The company had about 1,194 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 2 subsidiaries.
The company was associated with 2 brands: Nova IVI Fertility and Nova IVF Fertility. As per MCA filings, the company had open charges of ₹73 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 1 case is pending. The company has 28 deals on record (11 secondary share transfers, 7 funding rounds, 6 convertible or debt financings), with disclosed funding of ₹252.86 Cr; the latest was in October 2022. Its 6 peer companies in the Healthcare industry (IVF and Maternity), with the same principal business activity (hospital activities) are compared by revenue, 2 larger and 4 smaller; the largest is Kids Clinic India Limited with revenue of ₹1,512.32 Cr. The company has 12 MSME Form 1 returns on record between 2021 and 2023, listing 635 overdue payments to 42 micro and small suppliers.
The last known website on record is novaivffertility.com.
Company details
CIN history
Nova Pulse Ivf Clinic has one previous CIN (Corporate Identification Number): U74900KA2010PTC055474. The current CIN is U74900MH2010PTC375458, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH2010PTC375458 | Current |
| U74900KA2010PTC055474 | Previous |
Contact details
Nova Pulse Ivf Clinic Private Limited's registered office is in Mumbai, Maharashtra. Its website is novaivffertility.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address7A 9th Floor Pinnacle Corporate Park Bldg No.19 A Wing G – Block Bandra Kurla Complex B, Andra East, Mumbai, Maharashtra, India – 400051
- IndustryHealthcare, IVF & Maternity Care Centers
To see the full contact details of Nova Pulse Ivf Clinic 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
Brands
Nova Pulse Ivf Clinic operates two associated brands: Nova IVI Fertility and Nova IVF Fertility. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A chain of fertility clinics is operated in India. | novaivifertility.com | |
| Chain of IVF centers | novaivffertility.com |
Business activity
The main business activity of Nova Pulse Ivf Clinic is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of Nova Pulse Ivf Clinic Private Limited, buy the company report.
Financials of Nova Pulse Ivf Clinic Private Limited
FY 2023 filings availableNova Pulse Ivf Clinic Private Limited reported revenue of ₹308.12 Cr (up 35% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over three years, including 35% growth in the latest year. EBITDA rose 85% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹308.12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹49.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.16 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.9% | ||||
| Net Profit Margin | -1.7% | ||||
| 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 Pulse Ivf Clinic Private Limited, buy the company report.
Board of directors of Nova Pulse Ivf Clinic Private Limited
Nova Pulse Ivf Clinic has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumar Shobhit Agarwal Also directs: Svas Med Private Limited, Revaba Infertility Clinics Private Limited, Shashthi True Value Healthcare Services LLP and 3 more | Director | 06 Aug 2019 | 7 Years 2 Months | As last reported |
| Vishal Bali Also directs: Asia Healthcare Holdings Advisory LLP, Meskhenet Healthcare Private Limited, Svas Med Private Limited and 5 more | Nominee Director | 24 May 2019 | 7 Years 5 Months | As last reported |
| Ritesh Pandey | Director | 30 Oct 2019 | 6 Years 11 Months | As last reported |
Peer comparison
Nova Pulse Ivf Clinic Private Limited is compared with the 6 companies closest to it by revenue in the Healthcare industry (IVF and Maternity), with the same principal business activity (hospital activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kids Clinic India Limited | ₹1,512.32 Cr (FY 2025) | 26.0% | Bangalore, Karnataka, India | |||
| Rhea Healthcare Private Limited | ₹1,442.32 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Nova Pulse Ivf Clinic Private Limitedthis company | ₹308.12 Cr (FY 2023) | -₹5.16 Cr | -1.7% | 35.0% | 1,194 | Mumbai, Maharashtra, India |
| Fernandez Foundation | ₹287.81 Cr (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| Sadguru Healthcare Services Private Limited | ₹238.18 Cr (FY 2025) | 7.0% | Hyderabad, Telangana, India | |||
| Iswarya Health Private Limited | ₹223.05 Cr (FY 2025) | 21.0% | Chennai, Tamil Nadu, India | |||
| Sabine Hospital & Research Centre Private Limited | ₹165.61 Cr (FY 2025) | -1.0% | Muvattupuzha, Kerala, India |
To see the full peer comparison of Nova Pulse Ivf Clinic Private Limited, buy the company report.
Auditor
Nova Pulse Ivf Clinic Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Nova Pulse Ivf Clinic Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nova Pulse Ivf Clinic Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2020 | 100363374 | Hdfc Bank Limited | ₹73 Cr | Open |
To see the full charge records of Nova Pulse Ivf Clinic Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Nova Pulse Ivf Clinic Private Limited has 28 deals on record (11 secondary share transfers, 7 funding rounds, 6 convertible or debt financings), with disclosed funding of ₹252.86 Cr; the latest was in October 2022.
Deals on record (5 of 28)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: Nova Medical Centers Private Limited Seller: an individual |
| Oct 2020 | Rights issue | ₹3 Cr | Investors: Nova Medical Centers Private Limited , 2 individuals |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: Nova Medical Centers Private Limited Seller: an individual |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: Nova Medical Centers NCR Region Private Limited Seller: 2 individuals |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: Nova Medical Centers NCR Region Private Limited Seller: an individual |
To see the full deal history of Nova Pulse Ivf Clinic Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nova Pulse Ivf Clinic Private Limited has 8 court cases on record: 7 filed by Nova Pulse Ivf Clinic, 1 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Interim or miscellaneous application | Filed by the company against Treemark Solutions P. Ltd. | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed by the company against Treemark Solutions P. Ltd. | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Original Suit) | Filed against the company by an individual | Pending |
| High Court, West Bengal | Arbitration matter | Filed by the company against an individual | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Original Suit) | Filed by the company against an individual | Disposed |
To see the full case history of Nova Pulse Ivf Clinic 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 Pulse Ivf Clinic Private Limited has 12 MSME Form 1 returns on record between 2021 and 2023, listing 635 overdue payments to 42 micro and small suppliers. 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 (5 of 42)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ramya Healthcare | |||
| Clonect Solutions Private Limited | |||
| Genetics Cryobank LLP | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Nova Pulse Ivf Clinic Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Nova Pulse Ivf Clinic has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Neo Art Repository Private Limited | U51909MH2013PTC374635 | |
| Nova Pulse Ivf Clinic Ahmedabad Private Limited | U85110GJ2003PTC042796 |
To see the full group structure of Nova Pulse Ivf Clinic Private Limited, buy the company report.
Employees & EPFO
Nova Pulse Ivf Clinic Private Limited has a workforce of 1,194 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Nova Pulse Ivf Clinic has 19 GST registrations: 18 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB2968H1ZI | Maharashtra | Active | 01 Jul 2017 |
| 03AAECB2968H1ZS | Punjab | Active | 01 Jul 2017 |
| 07AAECB2968H1ZK | Delhi | Active | 01 Jul 2017 |
| 09AAECB2968H1ZG | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nova Pulse Ivf Clinic Private Limited, buy the company report.
Recent activity
Nova Pulse Ivf Clinic Private Limited has 22 board changes on record since 2011: 3 appointments and 19 cessations. The latest: Ritesh Pandey ceased to be Additional Director on 11 Feb 2020.
15 earlier events are in the company report.
Frequently asked questions
Nova Pulse Ivf Clinic has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nova Pulse Ivf Clinic was a private limited company based in Mumbai, Maharashtra, India. The company worked in ivf and maternity care centers, within the healthcare industry. It was incorporated on 13 October 2010 and is registered under CIN U74900MH2010PTC375458. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nova Pulse Ivf Clinic was incorporated on 13 October 2010. It is registered with the Registrar of Companies, Mumbai.
Nova Pulse Ivf Clinic had 3 directors:
- Kumar Shobhit Agarwal - Director
- Vishal Bali - Nominee Director
- Ritesh Pandey - Director
The CIN (Corporate Identification Number) of Nova Pulse Ivf Clinic is U74900MH2010PTC375458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nova Pulse Ivf Clinic is at 7A 9th Floor Pinnacle Corporate Park Bldg No.19 A Wing G – Block Bandra Kurla Complex B, Andra East, Mumbai, Maharashtra, India – 400051.
Nova Pulse Ivf Clinic can be reached through the website novaivffertility.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Nova Pulse Ivf Clinic on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 August 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Nova Pulse Ivf Clinic is 27AAECB2968H1ZI, registered in Maharashtra. The company has 19 GST registrations in all, of which 18 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAECB2968H1ZS (Punjab), 07AAECB2968H1ZK (Delhi), 09AAECB2968H1ZG (Uttar Pradesh).
Nova Pulse Ivf Clinic operated in the healthcare industry, in the ivf and maternity care centers segment.
Nova Pulse Ivf Clinic has 28 deals on record (11 secondary share transfers, 7 funding rounds, 6 convertible or debt financings), with disclosed funding of ₹252.86 Cr; the latest was in October 2022.
The peers of Nova Pulse Ivf Clinic by revenue are Kids Clinic India Limited, Rhea Healthcare Private Limited, Fernandez Foundation, Sadguru Healthcare Services Private Limited, Iswarya Health Private Limited and 1 more, all in the Healthcare industry (IVF and Maternity), with the same principal business activity (hospital activities).