Novel Assets Services Private Limited

Novel Assets Services Private Limited - financial services in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U67120PN2021PTC202688 Incorporated 16 July 2021 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹2.72 Lakh
▲ 13% YoY
Net loss · FY 2025
₹98,933
Net margin -36.4%
EBITDA · FY 2025
-₹93,202
EBITDA margin -34.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Novel Assets Services Private Limited

Data last updated:

Novel Assets Services Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 16 July 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U67120PN2021PTC202688. Its GSTIN is 27AAHCN7051L1Z2 (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ravikumar Sarjerao Shinde and Sachin Jaysing Jadhav.

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 Flat No.204A Sai Sanskruti S.No.7/3 Behind Ashok Layland Co., Pune, Maharashtra, India – 411046.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.72 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹98,933 (net margin -36.4%) and EBITDA of -₹93,202 (EBITDA margin -34.3%).

Company details

CIN U67120PN2021PTC202688
Registration Number 202688
Incorporation Date 16 July 2021
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Novel Assets Services Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Flat No.204A Sai Sanskruti S.No.7/3 Behind Ashok Layland Co., Pune, Maharashtra, India – 411046
  • Industry
    Financial Services, Auxiliary To Financial Intermediatory

To see the full contact details of Novel Assets Services Private Limited, buy the company report.

Comprehensive company report
Novel Assets Services Private 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 Novel Assets Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Novel Assets Services Private Limited, buy the company report.

Financials of Novel Assets Services Private Limited

FY 2025 filings available

Novel Assets Services Private Limited reported revenue of ₹2.72 Lakh (up 13% YoY) for FY 2025.

Revenue · FY 2025
₹2.72 Lakh ▲ 13%
Net loss · FY 2025
₹98,933 margin -36.4%
EBITDA · FY 2025
-₹93,202 margin -34.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
EBITDA CAGR growth
1 year
▼ 199%
3 years · compounded
▼ 91%

Revenue rose 13% in the latest year. EBITDA fell 199% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
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-₹93,202
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹98,933
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-34.3%
Net Profit Margin-36.4%
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

To see the full financial statements and ratios of Novel Assets Services Private Limited, buy the company report.

Board of directors of Novel Assets Services Private Limited

Novel Assets Services has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ravikumar Sarjerao ShindeDirector16 Jul 20215 Years 3 MonthsCurrent
Sachin Jaysing JadhavDirector16 Jul 20215 Years 3 MonthsCurrent

Peer comparison

Novel Assets Services Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Virtualtask Hub Private Limited₹2.72 Lakh (FY 2017)Bangalore, Karnataka, India
Umbeo Tech Private Limited₹2.72 Lakh (FY 2021)20.0%Dehradun, Uttarakhand, India
Road Charging Solution Private Limited₹2.72 Lakh (FY 2025)20.0%Mathura, Uttar Pradesh, India
Sellulose Technologies Private Limited₹2.72 Lakh (FY 2018)228.0%Hyderabad, Telangana, India
Novel Assets Services Private Limitedthis company₹2.72 Lakh (FY 2025)-₹98,933-36.4%13.0%Pune, Maharashtra, India
Hermes Business Solutions Private Limited₹2.72 Lakh (FY 2015)12.0%Chennai, Tamil Nadu, India
Falcon Brokerage Private Limited₹2.71 Lakh (FY 2017)-97.0%Mumbai, Maharashtra, India
Soc Optimum Private Limited₹2.71 Lakh (FY 2024)804.0%Bangalore, Karnataka, India

To see the full peer comparison of Novel Assets Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Novel Assets Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Novel Assets Services Private Limited has 1 active EPFO establishment as of Apr 09, 2024.

Active EPFO establishments
1

GST

Novel Assets Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCN7051L1Z2MaharashtraActive16 Sep 2021

To see the full GST registrations and return filing status of Novel Assets Services Private Limited, buy the company report.

Recent activity

Novel Assets Services Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Ravikumar Sarjerao Shinde was appointed as Director on 16 Jul 2021.

AGM
Novel Assets Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Novel Assets Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Ravikumar Sarjerao Shinde was appointed as Director.
Appointed
Sachin Jaysing Jadhav was appointed as Director.
Incorporation
16 Jul 2021
Novel Assets Services Private Limited was registered on 16 Jul 2021 with Roc Pune & aged 5 years 3 months as per MCA records.

Frequently asked questions

Novel Assets Services is an active private limited company based in Pune, Maharashtra, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 16 July 2021 (5+ years old) and is registered under CIN U67120PN2021PTC202688.

Novel Assets Services has 2 current directors:

The latest financial statements of Novel Assets Services 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 2022 are in the company report.

The GSTIN of Novel Assets Services is 27AAHCN7051L1Z2, registered in Maharashtra.

The CIN (Corporate Identification Number) of Novel Assets Services is U67120PN2021PTC202688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Novel Assets Services was incorporated on 16 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Novel Assets Services by revenue are Virtualtask Hub Private Limited, Umbeo Tech Private Limited, Road Charging Solution Private Limited, Sellulose Technologies Private Limited, Hermes Business Solutions Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).

Ravikumar Sarjerao Shinde was appointed as Director on 16 Jul 2021. Sachin Jaysing Jadhav was appointed as Director on 16 Jul 2021.

The registered office of Novel Assets Services is at Flat No.204A Sai Sanskruti S.No.73 Behind Ashok Layland Co., Pune, Maharashtra, India – 411046.

Novel Assets Services operates in the financial services industry, in the auxiliary to financial intermediatory segment.

Novel Assets Services can be reached at its registered office: Flat No.204A Sai Sanskruti S.No.73 Behind Ashok Layland Co, Pune, Maharashtra, India – 411046.