Noval Paints (India) Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1999.
1999 Mumbai, Maharashtra, India Active
Last Updated:
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About Noval Paints (India) Limited

Noval Paints (India) Limited, a active public limited company, was established on 04 May 1999 in Mumbai, Maharashtra, India. Engaging in paint & coatings within the manufacturing sector, it holds CIN: U24220MH1999PLC119709. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹0.51 M.

It upholds a compliant status. Employing 6 professional, Its leadership includes Usha Gupta (Director), Binny Gupta (Director), Dev Raj Gupta (Director). Past directors included Chetna Gupta. It holds ₹143.68 Cr open charges and ₹43.34 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Duru House, 2Nd/3Rd/4Th Floors, Juhu Tara Road, Next To Jw Marriot, Juhu, Mumbai, Maharashtra, 400049.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24220MH1999PLC119709

  • Registration Number

    119709

  • Incorporation Date

    04 May 1999

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹0.51 M

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.51 M
  • Company Age 26 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 143.68 Cr
  • Satisfied Charges ₹ 43.34 Cr
  • Revenue Growth **** 6.92%
  • Profit Growth **** 11.31%
  • Ebitda **** -5.86%
  • Net Worth 6.53%
  • Total Assets -2.89%
Company report

Noval Paints (India) Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Noval Paints (India) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Noval Paints (India) Limited?
Current Directors
Name Designation Appointment Date Status
Usha Gupta Director 03 Jan 2015 Current
Binny Gupta Director 16 Jun 2003 Current
Dev Raj Gupta Director 04 May 1999 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 03 Jan 2015 Past

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Financial Performance of Noval Paints (India).

Noval Paints (India) Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.92% increase. The company also saw a substantial improvement in profitability, with a 11.31% increase in profit. The company's net worth moved up by a moderate rise of 6.53%.

Noval Paints (India) revenue growth over time
Noval Paints (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 6.92%
*******
*******
*******
*******
Revenue from Operations
*******
 6.93%
*******
*******
*******
*******
Total Assets
*******
 -2.89%
*******
*******
*******
*******
Profit or Loss
*******
 11.31%
*******
*******
*******
*******
Net Worth
*******
 6.53%
*******
*******
*******
*******
EBITDA
*******
 -5.86%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Noval Paints (India)?

In 2023, Noval Paints (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,436,800,000.00

Satisfied Charges

₹433,400,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 93.68 Cr
  • Axis Bank Limited : 50.00 Cr
Latest Charge Details
Date Lender Amount Status
01 Aug 2024 Axis Bank Limited ₹50.00 Cr Open
28 Jan 2022 State Bank Of India ₹93.68 Cr Open
20 Feb 2009 Relationship Manager ₹24.80 Cr Satisfied
20 Oct 2007 State Bank Of India ₹18.53 Cr Satisfied
05 Feb 2005 State Bank Of India ₹0.10 M Satisfied

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How Many Employees Work at Noval Paints (India)?

Noval Paints (India) has a workforce of 6 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Noval Paints (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Noval Paints (India)'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Noval Paints (India)
Recent Activity within the Organization
  • Annual General Meeting

    The activity Noval Paints (India) Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 500.00 M registered on 01 Aug 2024 with Charge ID 100965705 was modified on 07 Apr 2025. was documented.

  • Balance Sheet

    Noval Paints (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 500.00 M with Charge ID 100965705 was registered on 01 Aug 2024. was documented.

  • Charges

    The activity A charge with State Bank Of India of Rs. 936.80 M registered on 28 Jan 2022 with Charge ID 100548008 was modified on 17 Jan 2024. was completed.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 936.80 M with Charge ID 100548008 was registered on 28 Jan 2022. was documented.

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Frequently Asked Questions
What is the CIN of Noval Paints (India) Limited?

The CIN of Noval Paints (India) Limited is U24220MH1999PLC119709.

Where is Noval Paints (India) Limited headquartered?

Noval Paints (India) Limited is headquartered at Duru House, 2Nd/3Rd/4Th Floors, Juhu Tara Road, Next To Jw Marriot, Juhu, Mumbai, Maharashtra, 400049.

When was Noval Paints (India) Limited incorporated?

Noval Paints (India) Limited was incorporated on 04 May 1999.

Who are the current directors of Noval Paints (India) Limited?

The current directors of Noval Paints (India) Limited are

What is the primary industry of Noval Paints (India) Limited?

The primary industry of Noval Paints (India) Limited is Manufacturing.

Is Noval Paints (India) Limited a listed company?

Noval Paints (India) Limited is unlisted.

What is the capital structure of Noval Paints (India) Limited?

The authorized capital of Noval Paints (India) Limited is ₹2.00 M, and the paid-up capital is ₹0.51 M.

What is the compliance status of Noval Paints (India) Limited?

The compliance status of Noval Paints (India) Limited is Compliant.

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