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Novace Private Limited - automotive in Sonipat, Haryana, India. Directors, charges & compliance details.
Revenue · FY 2024
₹3.77 Cr
▲ 1293% YoY
Net profit · FY 2024
₹1.21 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹4.14 Lakh
EBITDA margin 1.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹41.5 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Novace Private Limited
Data last updated:
Novace Private Limited is a private limited company based in Sonipat, Haryana, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 23 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U50400HR2020PTC089587. Its GSTIN is 06AAHCN1816H1ZM (Haryana).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41.5 Lakh. It is led by directors Arvind Kumar Sharma and Sanjeev Kumar.
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 H. No. 200 8 Marla, Sonipat, Haryana, India – 131001.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.77 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.21 Lakh (net margin 0.3%) and EBITDA of ₹4.14 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 204% over three years.
Novace Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-18-0002316). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novace-pvt-ltd.business.site.
Company details
CIN U50400HR2020PTC089587
Registration Number 089587
Incorporation Date 23 September 2020
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-HR-18-0002316
Recognitions & Rankings of Novace
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-HR-18-0002316
Contact details
Novace Private Limited's registered office is in Sonipat, Haryana.
- Registered AddressH. No. 200 8 Marla, Sonipat, Haryana, India – 131001
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
Comprehensive company report
Novace 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
The main business activity of Novace is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Novace Private Limited, buy the company report.
Financials of Novace Private Limited
FY 2025 filings availableNovace Private Limited reported revenue of ₹3.77 Cr (up 1293% YoY) for FY 2024.
Revenue · FY 2024
₹3.77 Cr ▲ 1293%
Net profit · FY 2024
₹1.21 Lakh margin 0.3%
EBITDA · FY 2024
₹4.14 Lakh margin 1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 204%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 204% over three years. EBITDA rose 40% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | ||||
| EBITDA | ₹4.14 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.21 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.1% | |||
| Net Profit Margin | 0.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Receivable Days | ||||
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| Inventory Days | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Novace Private Limited, buy the company report.
Board of directors of Novace Private Limited
Novace has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Kumar Sharma Also directs: HMT Mining and Scrap LLP, Servohit Kisan Producer Company Limited, Bioferganic Farmers Producer Company Limited and 5 more | Director | 06 May 2023 | 3 Years 5 Months | Current |
| Sanjeev Kumar Also directs: Taap Culinaire Private Limited | Director | 06 Oct 2024 | 2 Years 0 Months | Current |
Legal cases
No court or tribunal cases involving Novace 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 Novace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novace has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCN1816H1ZM | Haryana | Active | 28 Oct 2020 |
To see the full GST registrations and return filing status of Novace Private Limited, buy the company report.
Recent activity
Novace Private Limited has 5 board changes on record since 2023: 2 appointments and 3 cessations. The latest: Riplav ceased to be Director on 06 Oct 2024.
AGM
Novace Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Novace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Haryana.
Ceased
Riplav ceased to be Director.
Appointed
Sanjeev Kumar was appointed as Director.
Ceased
Arvind Kumar Sharma ceased to be Additional Director.
Appointed
Arvind Kumar Sharma was appointed as Director.
Ceased
Hans Raj ceased to be Director.
Incorporation
23 Sep 2020
Novace Private Limited was registered on 23 Sep 2020 with Roc Haryana & aged 6 years 1 month as per MCA records.
Frequently asked questions
Novace is an active private limited company based in Sonipat, Haryana, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 23 September 2020 (6+ years old) and is registered under CIN U50400HR2020PTC089587.
Novace has 2 current directors:
- Arvind Kumar Sharma - Director
- Sanjeev Kumar - Director
The latest financial statements of Novace 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 FY 2021 are in the company report.
The GSTIN of Novace is 06AAHCN1816H1ZM, registered in Haryana.
The CIN (Corporate Identification Number) of Novace is U50400HR2020PTC089587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novace was incorporated on 23 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Haryana.
Riplav ceased to be Director on 06 Oct 2024. Sanjeev Kumar was appointed as Director on 06 Oct 2024. Arvind Kumar Sharma ceased to be Additional Director on 29 Sep 2023. Novace has 5 board changes on record in total.
Yes, Novace is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Novace is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-18-0002316).
Novace can be reached through the website novace-pvt-ltd.business.site. Its registered office is in Sonipat, Haryana, India.