About Novalite Limited
Data last updated: 09 February 2026
Novalite Limited is a public limited company based in Bangalore, Karnataka, India. It specialises in construction materials, a part of the broader manufacturing sector. Incorporated on 15 January 1998, the company has been in operation for over 28 years.
Registered with ROC Bangalore under CIN U85110KA1998PLC023272.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.8 Cr. Formerly known as Shah Polymers Exim Limited and Tuflite Polymers Limited. It is led by directors including Neeta Mukesh Shah and Nupur Mukesh Shah.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: No. 240/1 Ganesh Krupa 18Th Cross Sadashivanagar, Bangalore, Karnataka, India – 560080.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.09 Cr, a decline of 73% compared to the previous year.
The company has a workforce of approximately 1 employees as per the latest available data.
The company is associated with 1 brand - Tuflite. As per MCA filings, the company has open charges of ₹9.06 Cr and satisfied charges of ₹15.97 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tuflite.com.
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Registered AddressNo. 240/1 Ganesh Krupa 18Th Cross Sadashivanagar, Bangalore, Karnataka, India – 560080
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IndustryManufacturing, Construction Materials
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Novalite Limited
Novalite Limited has undergone 2 name changes throughout its history. The company was previously known as Shah Polymers Exim Limited, and Tuflite Polymers Limited. The current legal name is Novalite Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Novalite Limited | Current |
| Shah Polymers Exim Limited | Previous |
| Tuflite Polymers Limited | Previous |
CIN History of Novalite Limited
Novalite Limited has one previous CIN (Corporate Identification Number): U85110KA1998PLC023272. The current CIN is U25200KA1998PLC023272, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25200KA1998PLC023272 | Current |
| U85110KA1998PLC023272 | Previous |
Associated Brands with Novalite Limited
Novalite Limited operates one associated brand: Tuflite. These brands represent Novalite Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Polycarbonate sheets for roofing applications are manufactured in India. | tuflite.com |
Competitors & Alternatives of Novalite Limited
Brands and companies operating in the same space as Novalite Limited include Marshalls, James Hardie, Cornerstone Building Brands and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Marshalls
|
Natural stone and concrete hard landscaping products are manufactured. | Elland, United Kingdom, United Kingdom | 1890 |
James Hardie
|
Cement siding and backer boards are produced for construction uses. | Illinois City, United States, United States | 1888 |
Cornerstone Building Brands
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Exterior building products are manufactured for residential and commercial markets. | Cary, United States, United States | 2018 |
Henry
|
Vapour barriers, roofing, and waterproofing systems are supplied. | El Segundo, United States, United States | 1981 |
Carlisle
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Manufacturer and supplier of premium building materials, coatings, and sealing solutions for various industries, with a portfolio of brands and subsidiaries across multiple sectors | Scottsdale, United States, United States | 1917 |
Joris Ide
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Manufacturer of roof and wall systems | Zwevezele, Belgium, Belgium | 1985 |
Eskola
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Waterproofing and roofing materials are supplied by Eskola from Morristown. | Morristown, United States, United States | 1972 |
Business Activity of Novalite Limited
Novalite Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Novalite Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Novalite Limited
Novalite Limited is currently managed by 4 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Neeta Mukesh Shah
Also directs:
Tuflite Innovative Solutions Private Limited
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Whole-Time Director | 30 Sep 2000 | 25 Years 9 Months | Current |
|
Nupur Mukesh Shah
Also directs:
Tuflite Innovative Solutions Private Limited
|
Whole-Time Director | 27 Apr 2017 | 9 Years 2 Months | Current |
| Mukesh S Shah | Managing Director | 15 Jan 1998 | 28 Years 6 Months | Current |
|
Shashikant Hargovindas Shah
Also directs:
Echora Constructions Private Limited
|
Director | 15 Jan 1998 | 28 Years 6 Months | Current |
Financials of Novalite Limited FY 2025 filings available
Novalite Limited reported revenue of ₹2.09 Cr (down 73.00% YoY) for FY 2025.
Ten-year financial statements for Novalite Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Charges & Borrowings of Novalite Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Nov 2020 | Hdfc Bank Limited | ₹10 Lakh | Open |
| 21 Oct 2015 | Dbs Bank Ltd | ₹4 Cr | Open |
| 10 Feb 2015 | Dbs Bank Ltd | ₹4.96 Cr | Open |
| 31 Mar 2021 | Standard Chartered Bank | ₹1.2 Cr | Satisfied |
| 18 Aug 2017 | Standard Chartered Bank | ₹75.53 Lakh | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Novalite Limited
View historical data on people associated with Novalite Limited, including employment history and EPFO contributions.
Employee and EPFO history for Novalite Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Novalite Limited
GST registrations and filing compliance for Novalite Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Novalite Limited
Credit ratings, litigation, and regulatory alerts for Novalite Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Novalite Limited
MSME payment history for Novalite Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Novalite Limited
Corporate group structure for Novalite Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Novalite Limited
MCA filings and documents for Novalite Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Novalite Limited
Frequently Asked Questions about Novalite Limited
Novalite Limited is an active public limited company in the manufacturing sector based in Bangalore, Karnataka, India. It was incorporated on 15 January 1998 (28+ years old) and is registered under CIN U25200KA1998PLC023272. The company has 1 employees.
Novalite Limited reported revenue of ₹2.09 Cr for FY 2025 (down 73.00% YoY).
The current directors of Novalite Limited are:
- Neeta Mukesh Shah - Whole-Time Director
- Nupur Mukesh Shah - Whole-Time Director
- Mukesh S Shah - Managing Director
- Shashikant Hargovindas Shah - Director
The primary industry of Novalite Limited is manufacturing. The company specifically operates in construction materials. The company is currently active in this sector.
Novalite Limited can be reached at the registered office: No. 2401 Ganesh Krupa 18Th Cross Sadashivanagar, Bangalore, Karnataka, India – 560080, or through the website tuflite.com.
The authorised capital is ₹5 Cr, and the paid-up capital is ₹4.8 Cr.