Nova Synthetic Private Limited

Nova Synthetic Private Limited - financial services in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U17110PN1984PTC222271 Incorporated 10 December 1984 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2023
₹39.65 Cr
▲ 19.42% YoY
Authorised capital
₹2.9 Cr
Registered with MCA
Paid-up capital
₹2.52 Cr
Issued & subscribed
Satisfied charges
₹165 Cr
No open charges
Company age
42 yrs
Est. 1984
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date
Last AGM
30 Sep 2024
Annual general meeting

About Nova Synthetic Private Limited

Data last updated:

Nova Synthetic Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 10 December 1984 and has been in existence for over 42 years.

Its director Sailesh Chimanlal Mehta and family are #408 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U17110PN1984PTC222271.

The company has an authorised share capital of ₹2.9 Cr and a paid-up capital of ₹2.52 Cr. It is led by directors including Parul Sailesh Mehta and Ashok Prafulchandra Shah.

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 Pune, Maharashtra.

As per the financials filed for FY 2023, the company reported a revenue of ₹39.65 Cr, a growth of 19.42% compared to the previous year.

As per MCA filings, the company has satisfied charges of ₹165 Cr on record. The company has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹55 Cr; the latest was in March 2019.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17110PN1984PTC222271
Registration Number 222271
Incorporation Date 10 December 1984
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

CIN history

Nova Synthetic has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17110PN1984PTC222271, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17110PN1984PTC222271Current
U17110MH1984PLC034756Previous
U17110PN1984PLC222271Previous

Recognitions & Rankings of Nova Synthetic

Contact details

Nova Synthetic Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Sai Hira, Survey No. 93 Mundhwa, Pune, Maharashtra, India – 411036
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Nova Synthetic Private Limited, buy the company report.

Comprehensive company report
Nova Synthetic 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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Business activity

Nova Synthetic operates primarily in the financial and insurance service sector. 2 business activities are registered with the MCA.

Main activity groupBusiness activityShare of turnover
Financial and insurance ServiceActivities by Trusts, funds and other financial holding companies

To see the full business activity and turnover split of Nova Synthetic Private Limited, buy the company report.

Financials of Nova Synthetic Private Limited

FY 2024 filings available

Nova Synthetic Private Limited reported revenue of ₹39.65 Cr (up 19.42% YoY) for FY 2023.

Revenue · FY 2023
₹39.65 Cr ▲ 19.42%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 19.42%

Revenue rose 19.42% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹39.65 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
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 Synthetic Private Limited, buy the company report.

Board of directors of Nova Synthetic Private Limited

Nova Synthetic has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Parul Sailesh MehtaDirector26 Dec 200322 Years 10 MonthsCurrent
Ashok Prafulchandra ShahDirector01 Jan 200422 Years 10 MonthsCurrent
Sailesh Chimanlal MehtaDirector26 Dec 200322 Years 10 MonthsCurrent

Auditor

Nova Synthetic Private Limited is audited by H M A & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
H M A & ASSOCIATESFY 2021100537W

Shareholding

The shareholding of Nova Synthetic 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nova Synthetic Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹165 Cr
Breakdown by lending institutions
Others₹165.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Nov 2021100511479Others₹165 CrSatisfied

To see the full charge records of Nova Synthetic Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Nova Synthetic Private Limited has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹55 Cr; the latest was in March 2019.

Total deals
5
Secondary share transfers
3
Funding round
1
Rights issue
1
Disclosed funding
₹55 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Mar 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Oct 2018Secondary share transferUndisclosedSeller: an individual
Mar 2018Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Mar 2017Rights issue₹538.67 CrInvestors: 2 individuals
Dec 2010Funding round₹55 CrInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Nova Synthetic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Nova Synthetic has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

GST

No GST registration is on our record for Nova Synthetic Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Nova Synthetic Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Deepak Amratlal Desai ceased to be Director on 20 Mar 2015.

AGM
Nova Synthetic Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nova Synthetic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 22 Nov 2021 via Charge ID 100511479 with Others was fully satisfied on 24 Feb 2024.
Charges
A charge with Others amounted to Rs. 165.00 Cr with Charge ID 100511479 was registered on 22 Nov 2021.
Ceased
Deepak Amratlal Desai ceased to be Director.
Appointed
Ashok Prafulchandra Shah was appointed as Director.
Appointed
Parul Sailesh Mehta was appointed as Director.
Appointed
Sailesh Chimanlal Mehta was appointed as Director.
Incorporation
10 Dec 1984
Nova Synthetic Private Limited was registered on 10 Dec 1984 with Roc Pune & aged 41 years 10 months as per MCA records.

Frequently asked questions

Nova Synthetic is an active private limited company based in Pune, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 10 December 1984 (42+ years old) and is registered under CIN U17110PN1984PTC222271.

Nova Synthetic has 3 current directors:

The latest financial statements of Nova Synthetic on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Nova Synthetic is U17110PN1984PTC222271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nova Synthetic was incorporated on 10 December 1984, making it 42+ years old. It is registered with the Registrar of Companies, Pune.

Nova Synthetic has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹55 Cr; the latest was in March 2019.

Deepak Amratlal Desai ceased to be Director on 20 Mar 2015. Ashok Prafulchandra Shah was appointed as Director on 01 Jan 2004. Parul Sailesh Mehta was appointed as Director on 26 Dec 2003. Nova Synthetic has 4 board changes on record in total.

The registered office of Nova Synthetic is at Sai Hira, Survey No. 93 Mundhwa, Pune, Maharashtra, India – 411036.

Nova Synthetic operates in the financial services industry, in the diversified financial services segment.

Nova Synthetic has no open charges and satisfied charges of ₹165 Cr as per latest MCA filings.