
About Novanet Holdings Private Limited
Data last updated:
Novanet Holdings Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 18 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2003PTC142280. Its GSTIN is 27AABCV8451A1ZH (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.84 Cr. It was formerly known as Novanet Holdings Limited. It is led by directors including Gladys Tyagi and Sunil Kumar Pachar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.02 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹12.25 Lakh (net margin 19.8%) and EBITDA of ₹22.29 Lakh (EBITDA margin 35.9%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 45% over five years.
As per MCA filings, the company has satisfied charges of ₹2.75 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 novanet.net.
Company details
CIN history
Novanet Holdings has one previous CIN (Corporate Identification Number): U74140MH2003PLC142280. The current CIN is U74140MH2003PTC142280, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MH2003PTC142280 | Current |
| U74140MH2003PLC142280 | Previous |
Contact details
Novanet Holdings Private Limited's registered office is in Mumbai, Maharashtra. Its website is novanet.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRoom No 8 Varte Chawl No 7 Triveni Seva Mandal, Mithala Comp Tanaji Ngr Kurar Village, Mumbai, Maharashtra, India – 400097
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Novanet Holdings 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
The main business activity of Novanet Holdings is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Novanet Holdings Private Limited, buy the company report.
Financials of Novanet Holdings Private Limited
FY 2025 filings availableNovanet Holdings Private Limited reported revenue of ₹62.02 Lakh (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 8% fall in the latest year. EBITDA fell 44% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.25 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.9% | ||||
| Net Profit Margin | 19.8% | ||||
| 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 Novanet Holdings Private Limited, buy the company report.
Board of directors of Novanet Holdings Private Limited
Novanet Holdings has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gladys Tyagi Also directs: Origon Private Limited | Director | 10 Sep 2004 | 22 Years 1 Months | Current |
| Sunil Kumar Pachar Also directs: Novanet India Private Limited, Samespace Labs Private Limited, Samespace India Private Limited and 2 more | Director | 14 Aug 2019 | 7 Years 2 Months | Current |
| Mangesh Bablya Karshinkar Also directs: Novanet India Private Limited, Samespace Labs Private Limited, Samespace India Private Limited and 1 more | Director | 21 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Novanet Holdings Private Limited is audited by Suresh Choudhary & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Choudhary & Associates | FY 2022 | 116362 |
Shareholding
The shareholding of Novanet Holdings Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Novanet Holdings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2016 | 100017674 | Tata Capital Housing Finance Limited | ₹2.75 Cr | Satisfied |
To see the full charge records of Novanet Holdings Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Novanet Holdings 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 Novanet Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novanet Holdings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV8451A1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novanet Holdings Private Limited, buy the company report.
Recent activity
Novanet Holdings Private Limited has 9 board changes on record since 2004: 3 appointments and 6 cessations. The latest: Mangesh Bablya Karshinkar ceased to be Additional Director on 29 Sep 2023.
2 earlier events are in the company report.
Frequently asked questions
Novanet Holdings is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 18 September 2003 (23+ years old) and is registered under CIN U74140MH2003PTC142280.
Novanet Holdings has 3 current directors:
- Gladys Tyagi - Director
- Sunil Kumar Pachar - Director
- Mangesh Bablya Karshinkar - Director
The latest financial statements of Novanet Holdings 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 2015 are in the company report.
The GSTIN of Novanet Holdings is 27AABCV8451A1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Novanet Holdings is U74140MH2003PTC142280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novanet Holdings was incorporated on 18 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Mangesh Bablya Karshinkar ceased to be Additional Director on 29 Sep 2023. Mangesh Bablya Karshinkar was appointed as Director on 21 Apr 2023. Sunil Kumar Pachar was appointed as Director on 14 Aug 2019. Novanet Holdings has 9 board changes on record in total.
Novanet Holdings can be reached through the website novanet.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Novanet Holdings is at Room No 8 Varte Chawl No 7 Triveni Seva Mandal, Mithala Comp Tanaji Ngr Kurar Village, Mumbai, Maharashtra, India – 400097.
Novanet Holdings operates in the financial services industry, in the diversified financial services segment.

