MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0088561
Novatis Finovative Limited - financial services in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.14 Cr
▲ 47% YoY
Net profit · FY 2025
₹2.98 Cr
Net margin 26.7%
EBITDA · FY 2025
₹6.73 Cr
EBITDA margin 60.4%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹25.44 Cr
Issued & subscribed
Open charges
₹5 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
7
As per MCA filings
About Novatis Finovative Limited
Data last updated:
Novatis Finovative Limited is a public limited company based in Surat, Gujarat, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 24 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65999GJ2018PLC100695. Its GSTIN is 24AAFCN9240D1ZO (Gujarat).
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹25.44 Cr. It is led by directors including Rukmandevi S Kabra (Managing Director) and Kusum Saini.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.14 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹2.98 Cr (net margin 26.7%) and EBITDA of ₹6.73 Cr (EBITDA margin 60.4%). Revenue has grown at a compounded annual rate (CAGR) of 78% over three years and 80% over five years.
As per MCA filings, the company has open charges of ₹5 Cr on record.
Novatis Finovative Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0088561). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novatis.co.in.
Company details
CIN U65999GJ2018PLC100695
Registration Number 100695
Incorporation Date 24 January 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0088561
Key People
Rukmandevi S Kabra Managing Director Kusum Saini Director Khimjibhai Rudabhai Chavda Director Recognitions & Rankings of Novatis Finovative
Contact details
Novatis Finovative Limited's registered office is in Surat, Gujarat. Its website is novatis.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No.301 Reegus Business Center Near Shyam Baba Temple New City Light Road Bharthana, Vesu, Surat, Gujarat, India – 395007
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Novatis Finovative Limited, buy the company report.
Comprehensive company report
Novatis Finovative Limited - one report that includes everything
- 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
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Business activity
The main business activity of Novatis Finovative is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Novatis Finovative Limited, buy the company report.
Financials of Novatis Finovative Limited
FY 2025 filings availableNovatis Finovative Limited reported revenue of ₹11.14 Cr (up 47% YoY) for FY 2025.
Revenue · FY 2025
₹11.14 Cr ▲ 47%
Net profit · FY 2025
₹2.98 Cr margin 26.7%
EBITDA · FY 2025
₹6.73 Cr margin 60.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 78%
5 years · compounded
▲ 80%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 99%
5 years · compounded
▲ 94%
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 47% growth in the latest year. EBITDA rose 37% 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 | ₹6.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.98 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.4% | ||||
| Net Profit Margin | 26.7% | ||||
| Return on Equity (ROE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Novatis Finovative Limited, buy the company report.
Board of directors of Novatis Finovative Limited
Novatis Finovative has 7 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kusum Saini | Director | 19 Jun 2023 | 3 Years 4 Months | Current |
| Khimjibhai Rudabhai Chavda | Director | 31 May 2018 | 8 Years 5 Months | Current |
| Vineeta Pradeep Kabra Also directs: J L N U S and Co LLP, Novatis Expert Resolution Private Limited | Director | 24 Jan 2018 | 8 Years 9 Months | Current |
| Rukmandevi S Kabra | Managing Director | 24 Jan 2018 | 8 Years 9 Months | Current |
| Ritushri Sunil Kabra Also directs: Glowknit Private Limited, Novatis Fashion Private Limited, Manmath Enterprises Private Limited and 2 more | Director | 24 Jan 2018 | 8 Years 9 Months | Current |
| Satya Narayan Ramswaroop Kabra | Director | 24 Jan 2018 | 8 Years 9 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Novatis Finovative Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Urbtech Finvest Private Limited | ₹11.2 Cr (FY 2024) | 41.0% | New Delhi, Delhi, India | |||
| Umil Share & Stock Broking Services Ltd. | ₹11.2 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Everest Finance and Investments Private Limited | ₹11.19 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Gromor Finance Private Limited | ₹11.18 Cr (FY 2025) | -19.0% | Mumbai, Maharashtra, India | |||
| RMK Fincorp Private Limited | ₹11.15 Cr (FY 2025) | 55.0% | Jaipur, Rajasthan, India | |||
| Novatis Finovative Limitedthis company | ₹11.14 Cr (FY 2025) | ₹2.98 Cr | 26.7% | 47.0% | Surat, Gujarat, India | |
| Martina Developers & Fincon Pvt Ltd | ₹11.11 Cr (FY 2025) | -62.0% | Kolkata, West Bengal, India | |||
| Subhkiran Capital Limited | ₹11.08 Cr (FY 2025) | -40.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Novatis Finovative Limited, buy the company report.
Auditor
Novatis Finovative Limited is audited by SHAH KOTHARI AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH KOTHARI AND ASSOCIATES | FY 2023 | 138205W |
Shareholding
The shareholding of Novatis Finovative Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Novatis Finovative Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2023 | 100778055 | Others | ₹5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Novatis Finovative 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 Novatis Finovative Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novatis Finovative has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCN9240D1ZO | Gujarat | Active | 09 Nov 2021 |
To see the full GST registrations and return filing status of Novatis Finovative Limited, buy the company report.
Recent activity
Novatis Finovative Limited has 16 board changes on record since 2018: 8 appointments and 8 cessations. The latest: Amit Kantilal Bhalodia ceased to be Additional Director on 29 Sep 2024.
AGM
Novatis Finovative Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Novatis Finovative Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Amit Kantilal Bhalodia ceased to be Additional Director.
Appointed
Amit Kantilal Bhalodia was appointed as Director.
Ceased
Rukmandevi S Kabra ceased to be Director.
Ceased
Bhuvnesh Sunderlal Vilayatrani ceased to be Additional Director.
Ceased
Kusum Saini ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100778055 was registered on 31 Jul 2023.
Ceased
Ritushri Sunil Kabra ceased to be Director.
Appointed
Kusum Saini was appointed as Director.
Appointed
Rahul Gupta was appointed as CFO.
Ceased
Pradeep Kumar Kabra ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Novatis Finovative is an active public limited company based in Surat, Gujarat, India. The company works in nbfc, within the financial services industry. It was incorporated on 24 January 2018 (8+ years old) and is registered under CIN U65999GJ2018PLC100695.
Novatis Finovative has 7 current directors:
- Rukmandevi S Kabra - Managing Director
- Kusum Saini - Director
- Khimjibhai Rudabhai Chavda - Director
- Vineeta Pradeep Kabra - Director
- Ritushri Sunil Kabra - Director
- Satya Narayan Ramswaroop Kabra - Director
- Amit Kantilal Bhalodia - Director
The latest financial statements of Novatis Finovative 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 FY 2018 are in the company report.
The GSTIN of Novatis Finovative is 24AAFCN9240D1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Novatis Finovative is U65999GJ2018PLC100695. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novatis Finovative was incorporated on 24 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Novatis Finovative by revenue are Urbtech Finvest Private Limited, Umil Share & Stock Broking Services Ltd, Everest Finance and Investments Private Limited, Gromor Finance Private Limited, RMK Fincorp Private Limited and 2 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Amit Kantilal Bhalodia ceased to be Additional Director on 29 Sep 2024. Amit Kantilal Bhalodia was appointed as Director on 14 Jun 2024. Rukmandevi S Kabra ceased to be Director on 17 Dec 2023. Novatis Finovative has 16 board changes on record in total.
Yes, Novatis Finovative is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0088561).
Novatis Finovative can be reached through the website novatis.co.in. Its registered office is in Surat, Gujarat, India.
The registered office of Novatis Finovative is at Shop No.301 Reegus Business Center Near Shyam Baba Temple New City Light Road Bharthana, Vesu, Surat, Gujarat, India – 395007.
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