Novareach Development Foundation
About Novareach Development Foundation
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Novareach Development Foundation is a private not for profit company based in Amherst Street, West Bengal, India. It was incorporated on 16 January 2024.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U88900WB2024NPL267591.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹20,000. It is led by directors Arif Aziz and Jainab Bano.
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 Amherst Street, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹71,181. For the same year it recorded a net profit of ₹4,538 (net margin 6.4%) and EBITDA of ₹4,538 (EBITDA margin 6.4%).
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- Registered AddressKeshab Residency 138, Keshab Chandra Sen Street, Amherst Street, West Bengal, India – 700009
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Business Activity of Novareach Development Foundation
The main business activity of Novareach Development Foundation is human health and social work activities. In detail, this covers social work activities without accommodation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Human health and social work activities | 88 | Social work activities without accommodation | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Novareach Development Foundation FY 2025 filings available
Novareach Development Foundation reported revenue of ₹71,181 for FY 2025.
Financial Statement Summary of Novareach Development Foundation
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹4,538 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹4,538 | •••• |
| 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 of Novareach Development Foundation
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.4% | •••• |
| Net Profit Margin | 6.4% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Novareach Development Foundation are in the company report.
Financial statements from FY 2024
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Novareach Development Foundation
Novareach Development Foundation is compared with the companies closest to it by revenue in the same principal business activity (Social work activities without accommodation). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ratan Devi Rathi Memorial Foundation | ₹74,982 (FY 2025) | •••• | •••• | 68.0% | •••• | Yadrav, Maharashtra, India |
| HF Social Foundation | ₹73,670 (FY 2024) | •••• | •••• | •••• | Dehri, Bihar, India | |
| Muplic Services Private Limited | ₹72,004 (FY 2025) | •••• | •••• | •••• | Jabalpur, Madhya Pradesh, India | |
| Santi Palace Welfare Association | ₹72,000 (FY 2024) | •••• | •••• | -62.0% | •••• | Kolkata, West Bengal, India |
| Livelihood Chamber of Commerce Industry and Institutions for Empowerment | ₹72,000 (FY 2025) | •••• | •••• | •••• | Dindori, Maharashtra, India | |
| Novareach Development Foundation this company | ₹71,181 (FY 2025) | •••• | •••• | •••• | Amherst Street, West Bengal, India | |
| Sarthvah Jain Foundation | ₹71,000 (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Elitecareoath Foundation | ₹70,850 (FY 2025) | •••• | •••• | •••• | Guntur, Andhra Pradesh, India | |
| Jaysmrutti Foundation | ₹70,800 (FY 2025) | •••• | •••• | 144.0% | •••• | Uttar Pradesh, India |
| Sawariyo Seth Foundation | ₹70,711 (FY 2025) | •••• | •••• | -15.0% | •••• | Indore, Madhya Pradesh, India |
| Vin Seva Foundation | ₹70,260 (FY 2025) | •••• | •••• | -53.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Novareach Development Foundation by revenue in the same principal business activity (Social work activities without accommodation), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Novareach Development Foundation
Novareach Development Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arif Aziz | Director | 16 Jan 2024 | 2 Years 8 Months | Current |
| Jainab Bano | Director | 16 Jan 2024 | 2 Years 8 Months | Current |
Charges & Borrowings of Novareach Development Foundation
Novareach Development Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Novareach Development Foundation
Employment history and EPFO contributions of people linked to Novareach Development Foundation.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Novareach Development Foundation
Novareach Development Foundation has 2 board changes on record since 2024: 2 appointments. The latest: Arif Aziz was appointed as Director on 16 Jan 2024.
Credit Ratings, Litigation & Regulatory Alerts for Novareach Development Foundation
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Novareach Development Foundation
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Novareach Development Foundation
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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GST Compliance of Novareach Development Foundation
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Novareach Development Foundation
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Novareach Development Foundation
Novareach Development Foundation is an active private not for profit company based in Amherst Street, West Bengal, India. It was incorporated on 16 January 2024 (2+ years old) and is registered under CIN U88900WB2024NPL267591.
Novareach Development Foundation reported revenue of ₹71,181 for FY 2025.
Novareach Development Foundation has 2 current directors:
- Arif Aziz - Director
- Jainab Bano - Director
Novareach Development Foundation reported a net profit of ₹4,538 (net margin 6.4%) and EBITDA of ₹4,538 (EBITDA margin 6.4%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Novareach Development Foundation is U88900WB2024NPL267591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novareach Development Foundation was incorporated on 16 January 2024, making it 2+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Novareach Development Foundation by revenue are Ratan Devi Rathi Memorial Foundation, HF Social Foundation, Muplic Services Private Limited, Santi Palace Welfare Association, Livelihood Chamber of Commerce Industry and Institutions for Empowerment and 5 more, all in the same principal business activity (Social work activities without accommodation).
Arif Aziz was appointed as Director on 16 Jan 2024. Jainab Bano was appointed as Director on 16 Jan 2024.
The registered office of Novareach Development Foundation is at Keshab Residency 138, Keshab Chandra Sen Street, Amherst Street, West Bengal, India – 700009.
Novareach Development Foundation has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹20,000.
No. Novareach Development Foundation is not listed on any stock exchange. It is an unlisted company.