About Novargi Engineering Private Limited
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Novargi Engineering Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Novargi Industries Sl. It operates in the engineering sector. It was incorporated on 02 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2019FTC183254. Its GSTIN is 27AASCA1292R1ZT (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jose Manuel Aguirre Telleria and Upeshkumar Sureshchandra Dudhwala.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.45 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹41.69 Lakh (net margin 3.1%) and EBITDA of ₹87.81 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 219% over three years.
The company is associated with 1 brand: Novargi.
For more details, the company can be reached via its website novargi.com.
Company details
Contact details
Novargi Engineering Private Limited's registered office is in Pune, Maharashtra. Its website is novargi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVentura 203 And 204 2nd Floor Sr. No. 134, Hissa No. 1 C.T.S. No. 1337/1 Behind Titan Showroom Iti Road Aundh, Pune, Maharashtra, India – 411007
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Novargi Engineering 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
Brands
Novargi Engineering operates one associated brand: NOVARGI. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Process equipment and packages are supplied for the energy sector. | novargi.com |
Business activity
The main business activity of Novargi Engineering is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Novargi Engineering Private Limited, buy the company report.
Financials of Novargi Engineering Private Limited
FY 2025 filings availableNovargi Engineering Private Limited reported revenue of ₹13.45 Cr (up 195% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 219% over three years, including 195% growth in the latest year. EBITDA rose 283% 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 |
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| EBITDA | ₹87.81 Lakh | ||||
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| Net Profit (PAT) | ₹41.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Novargi Engineering Private Limited, buy the company report.
Board of directors of Novargi Engineering Private Limited
Novargi Engineering has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jose Manuel Aguirre Telleria | Director | 25 Jun 2021 | 5 Years 3 Months | Current |
| Upeshkumar Sureshchandra Dudhwala Also directs: Novargi Cerec Private Limited | Director | 26 Sep 2023 | 3 Years 0 Months | Current |
| Iker Pinedo Belda | Director | 02 Apr 2019 | 7 Years 6 Months | Current |
| Gopalakrishna Pillai Padmakumar Also directs: Santanderina India Private Limited, SCL Commercial India Private Limited, Greenwich Metals India Private Limited and 5 more | Comp. Inc. Oi As Promoter | 02 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Novargi Engineering Private Limited is audited by SKPN & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SKPN & Associates | FY 2022 | 154291W |
Shareholding
The shareholding of Novargi Engineering Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Novargi Engineering Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Novargi Engineering 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
Novargi Engineering Private Limited has 3 MSME Form 1 returns on record between 2020 and 2023, listing 5 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| NVM Memorial Foundation | |||
| V V Kale and Company | |||
| Novargi Engineering Private Limited |
To see the full MSME payment records of Novargi Engineering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Novargi Engineering has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCA1292R1ZT | Maharashtra | Active | 18 Oct 2019 |
| 06AASCA1292R1ZX | Haryana | Active | 16 Feb 2024 |
To see the full GST registrations and return filing status of Novargi Engineering Private Limited, buy the company report.
Recent activity
Novargi Engineering Private Limited has 8 board changes on record since 2019: 4 appointments and 4 cessations. The latest: Iker Pinedo Belda ceased to be Director on 30 Sep 2025.
Frequently asked questions
Novargi Engineering is an active foreign private limited company based in Pune, Maharashtra, India. The company works in the engineering industry. It was incorporated on 02 April 2019 (7+ years old) and is registered under CIN U74999PN2019FTC183254.
Novargi Engineering has 4 current directors:
- Jose Manuel Aguirre Telleria - Director
- Upeshkumar Sureshchandra Dudhwala - Director
- Iker Pinedo Belda - Director
- Gopalakrishna Pillai Padmakumar - Comp. Inc. Oi As Promoter
The latest financial statements of Novargi Engineering on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Novargi Engineering is 27AASCA1292R1ZT, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AASCA1292R1ZX (Haryana).
The CIN (Corporate Identification Number) of Novargi Engineering is U74999PN2019FTC183254. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novargi Engineering was incorporated on 02 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Iker Pinedo Belda ceased to be Director on 30 Sep 2025. Atul Nichal ceased to be Director on 30 Sep 2023. Upeshkumar Sureshchandra Dudhwala was appointed as Director on 26 Sep 2023. Novargi Engineering has 8 board changes on record in total.
Novargi Engineering has 3 MSME Form 1 returns on record between 2020 and 2023, listing 5 overdue payments to 3 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Novargi Engineering can be reached through the website novargi.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Novargi Engineering is at Ventura 203 And 204 2nd Floor Sr. No. 134, Hissa No. 1 C.T.S. No. 13371 Behind Titan Showroom Iti Road Aundh, Pune, Maharashtra, India – 411007.
Novargi Engineering operates in the engineering industry.