About Novartis India Limited
Data last updated: 14 July 2026
Novartis India Limited is a public limited company based in Bandra, Maharashtra, India, a subsidiary of Novartis Ag. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 13 December 1947, the company has been in operation for over 79 years.
Registered with ROC Mumbai under CIN L24200MH1947PLC006104. Listed on BSE: 500672 and NSE: NOVARTIND.
Capital: an authorised share capital of ₹32 Cr and a paid-up capital of ₹12.35 Cr. Formerly known as Ciba (India) Private Limited and Ciba (India) Limited. It is led by directors including Sanker Parameswaran and Shilpa Shashank Joshi.
Last AGM: 31 July 2025. Financial statements filed for year ended 31 March 2025. Office: Inspire Bkc 7Th Floor Bandra Kurla Complex, Bandra East, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹398.23 Cr, a growth of 0% compared to the previous year.
The company has a workforce of approximately 59 employees as per the latest available data. It operates as a subsidiary of Novartis Ag.
As per MCA filings, the company has satisfied charges of ₹257.48 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 novartis.in.
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Registered AddressInspire Bkc 7Th Floor Bandra Kurla Complex, Bandra East, Maharashtra, India – 400051
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IndustryPharma, Drug Formulation & Development
- 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 Novartis India Limited
Novartis India Limited has undergone 2 name changes throughout its history. The company was previously known as Ciba (India) Private Limited, and Ciba (India) Limited. The current legal name is Novartis India Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Novartis India Limited | Current |
| Ciba (India) Private Limited | Previous |
| Ciba (India) Limited | Previous |
Business Activity of Novartis India Limited
Novartis India 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 Novartis India Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Novartis India Limited
Novartis India Limited is audited by B S R & Co. LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | Locked | Locked | Locked |
Complete auditor history for Novartis India Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
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Board of Directors of Novartis India Limited
Novartis India Limited is currently managed by 6 directors, with 21 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 |
|---|---|---|---|---|
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Sanker Parameswaran
Also directs:
Shri Balaji Valve Components Limited
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Director | 22 Jun 2020 | 6 Years 0 Months | Current |
| Shilpa Shashank Joshi | Whole-Time Director | 22 Nov 2022 | 3 Years 7 Months | Current |
| Christopher David Snook | Director | 01 Aug 2008 | 17 Years 11 Months | Current |
| Falin Ishwarlal Majmudar | Whole-Time Director | 28 Jun 2024 | 2 Years 0 Months | Current |
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Gira Jagdeesh Sardesai
Also directs:
Vinyl Chemicals (India) Limited, Ica Pidilite Private Limited
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Director | 31 Mar 2024 | 2 Years 3 Months | Current |
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Gowree Ashish Gokhale
Also directs:
Spak Orgochem (India) Private Limited
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Director | 01 Apr 2026 | 0 Years 3 Months | Current |
Financials of Novartis India Limited FY 2025 filings available
Novartis India Limited reported revenue of ₹398.23 Cr for FY 2025.
Ten-year financial statements for Novartis India Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Novartis India Limited
Shareholding and ownership data for Novartis India Limited
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- Ownership categories
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- FII and DII holdings
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Charges & Borrowings of Novartis India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Apr 1999 | Bnp Paribas | ₹33 Cr | Satisfied |
| 02 May 1998 | The Hongkong and Shanghai Banking Corporation Ltd. | ₹5 Cr | Satisfied |
| 21 Jul 1993 | Grindlays Bank | ₹45 Cr | Satisfied |
| 21 Jul 1993 | Allahabad Bank | ₹45 Cr | Satisfied |
| 28 May 1992 | Grindlays Bank | ₹38 Cr | Satisfied |
Total charge records: 21 View all charges
Employees and EPFO Compliance at Novartis India Limited
Novartis India Limited has a workforce of 59 employees as of Apr 09, 2024.
Employee and EPFO history for Novartis India Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Novartis India Limited
GST registrations and filing compliance for Novartis India Limited
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- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Novartis India Limited
Credit ratings, litigation, and regulatory alerts for Novartis India Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Novartis India Limited
MSME payment history for Novartis India Limited
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- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Novartis India Limited
Corporate group structure for Novartis India Limited
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- Parent company
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MCA Filings & Documents of Novartis India Limited
MCA filings and documents for Novartis India 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
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Recent Activity on Novartis India Limited
Recent News on Novartis India Limited
Frequently Asked Questions about Novartis India Limited
Novartis India Limited is an active public limited company in the pharma sector based in Bandra, Maharashtra, India. It was incorporated on 13 December 1947 (79+ years old) and is registered under CIN L24200MH1947PLC006104. Listed on BSE: 500672 and NSE: NOVARTIND. The company has 59 employees.
Novartis India Limited reported revenue of ₹398.23 Cr for FY 2025 (up 0.00% YoY).
The current directors of Novartis India Limited are:
- Sanker Parameswaran - Director
- Shilpa Shashank Joshi - Whole-Time Director
- Christopher David Snook - Director
- Falin Ishwarlal Majmudar - Whole-Time Director
- Gira Jagdeesh Sardesai - Director
- Gowree Ashish Gokhale - Director
The primary industry of Novartis India Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.
Yes. Novartis India Limited is listed on both BSE (code: 500672) and NSE (symbol: NOVARTIND).
Novartis India Limited can be reached at the registered office: Inspire Bkc 7Th Floor Bandra Kurla Complex, Bandra East, Maharashtra, India – 400051, or through the website novartis.in.