- #408 Sailesh Chimanlal Mehta & family ₹9,100 Cr

Nova Synthetic Private Limited
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 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.
| CIN | Status |
|---|---|
| U17110PN1984PTC222271 | Current |
| U17110MH1984PLC034756 | Previous |
| U17110PN1984PLC222271 | Previous |
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 AddressSai Hira, Survey No. 93 Mundhwa, Pune, Maharashtra, India – 411036
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Nova Synthetic 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
Nova Synthetic operates primarily in the financial and insurance service sector. 2 business activities are registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Activities 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 availableNova Synthetic Private Limited reported revenue of ₹39.65 Cr (up 19.42% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19.42% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| Total Revenue | ₹39.65 Cr | ||||
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Financial Ratios
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parul Sailesh Mehta Also directs: SCM Growth LLP, Deepak Fertilisers and Petrochemicals Corporation Ltd, Deepak Mining Solutions Limited and 5 more | Director | 26 Dec 2003 | 22 Years 10 Months | Current |
| Ashok Prafulchandra Shah Also directs: SCM Commercial Private Limited, Robust Marketing Services Private Limited, SCM Fertichem Limited and 2 more | Director | 01 Jan 2004 | 22 Years 10 Months | Current |
| Sailesh Chimanlal Mehta Also directs: SCM Growth LLP, Deepak Fertilisers and Petrochemicals Corporation Ltd, Deepak Mining Solutions Limited and 5 more | Director | 26 Dec 2003 | 22 Years 10 Months | Current |
Auditor
Nova Synthetic Private Limited is audited by H M A & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H M A & ASSOCIATES | FY 2021 | 100537W |
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 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 Synthetic Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2021 | 100511479 | Others | ₹165 Cr | Satisfied |
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.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2018 | Secondary share transfer | Undisclosed | Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2017 | Rights issue | ₹538.67 Cr | Investors: 2 individuals |
| Dec 2010 | Funding round | ₹55 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Nova Synthetic 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 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.
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.
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:
- Parul Sailesh Mehta - Director
- Ashok Prafulchandra Shah - Director
- Sailesh Chimanlal Mehta - Director
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.

