Novel Foundation - business services in Gurgaon, Haryana, India. FY 2026 financials & compliance.
CIN U74999HR2017NPL071493 Incorporated 16 November 2017 ROC Delhi HQ Gurgaon, Haryana, India
Active Private Not For Profit Company business services
Revenue · FY 2024
₹30.81 Lakh
▲ 61% YoY
Net profit · FY 2024
₹1,500
Net margin 0%
EBITDA · FY 2024
₹1,500
EBITDA margin 0%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹60,000
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
GST registrations
1
None active

About Novel Foundation

Data last updated:

Novel Foundation is a private not for profit company based in Gurgaon, Haryana, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 16 November 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2017NPL071493. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹60,000. It is led by directors including Vijay Sehrawat (Managing Director) and Shivam Singh.

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 Gurgaon, Haryana.

As per the financials filed for FY 2024, the company reported a revenue of ₹30.81 Lakh, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹1,500 (net margin 0%) and EBITDA of ₹1,500 (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 288% over three years and 85% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999HR2017NPL071493
Registration Number 071493
Incorporation Date 16 November 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Novel Foundation's registered office is in Gurgaon, Haryana. Its e-mail address is in the company report.

  • Email
  • Registered Address
    SCO – 58 1st Floor, Old Judicial Complex Civil Lines, Gurgaon, Haryana, India – 122001
  • Industry
    Business Services, Miscellaneous Business Activities, Other Services

To see the full contact details of Novel Foundation, buy the company report.

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  • Historical financials and ratios
  • Shareholding pattern and group structure
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Novel Foundation is education. In detail, this covers higher education, technical & vocational education.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
PEducationP2Higher education, technical & vocational education

To see the full business activity and turnover split of Novel Foundation, buy the company report.

Financials of Novel Foundation

FY 2025 filings available

Novel Foundation reported revenue of ₹30.81 Lakh (up 61% YoY) for FY 2024.

Revenue · FY 2024
₹30.81 Lakh ▲ 61%
Net profit · FY 2024
₹1,500 margin 0%
EBITDA · FY 2024
₹1,500 margin 0%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 288%
5 years · compounded
▲ 85%
EBITDA CAGR growth
1 year
▼ 99%
3 years · compounded
▲ 27%
5 years · compounded
▲ 15%

Revenue has grown at a compounded annual rate (CAGR) of 85% over five years, including 61% growth in the latest year. EBITDA fell 99% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1,500
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1,500
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0%
Net Profit Margin0%
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 Foundation, buy the company report.

Board of directors of Novel Foundation

Novel Foundation has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijay SehrawatManaging Director18 Feb 20233 Years 8 MonthsCurrent
Shivam SinghDirector09 Mar 20233 Years 8 MonthsCurrent
Ashish SehrawatDirector30 Sep 20233 Years 1 MonthsCurrent

Peer comparison

Novel Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (higher education, technical & vocational education), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ufv India Global Education₹31.02 Lakh (FY 2024)-32.0%Chandigarh, India
Preach Training Academy Private Limited₹30.99 Lakh (FY 2025)-15.0%Nagpur, Maharashtra, India
Upflairs Private Limited₹30.9 Lakh (FY 2025)-6.0%Jaipur, Rajasthan, India
Open Canvas Learning Private Limited₹30.88 Lakh (FY 2025)72.0%Gurgaon, Haryana, India
Ushakaal Gyan Foundation₹30.88 Lakh (FY 2024)5.0%Raipur, Chhattisgarh, India
Novel Foundationthis company₹30.81 Lakh (FY 2024)₹1,5000%61.0%Gurgaon, Haryana, India
Ajmera Foundation₹30.77 Lakh (FY 2025)87.0%Hazaribag, Jharkhand, India
Learnopedia Academy Private Limited₹30.76 Lakh (FY 2016)-33.0%Pune, Maharashtra, India
Akhand Bharatvarsh Foundation₹30.73 Lakh (FY 2025)-42.0%New Delhi, Delhi, India
Havish Internationals Education Private Limited₹30.68 Lakh (FY 2025)-76.0%Vadodara, Gujarat, India
Sankalp Training and Entrepreneurship Projects Private Limited₹30.67 Lakh (FY 2024)1133.0%Sirmour, Himachal Pradesh, India

To see the full peer comparison of Novel Foundation, buy the company report.

MSME payment delays

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

GST

Novel Foundation has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Novel Foundation, buy the company report.

Recent activity

Novel Foundation has 9 board changes on record since 2017: 6 appointments and 3 cessations. The latest: Jitender Singh ceased to be Director on 01 Oct 2023.

AGM
Novel Foundation last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Novel Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Jitender Singh ceased to be Director.
Appointed
Ashish Sehrawat was appointed as Director.
Appointed
Shivam Singh was appointed as Director.
Ceased
Pushpraj Dalal ceased to be Director.
Ceased
Rahul Dalal ceased to be Director.
Appointed
Jitender Singh was appointed as Director.
Appointed
Vijay Sehrawat was appointed as Managing Director.
Appointed
Pushpraj Dalal was appointed as Director.
Appointed
Rahul Dalal was appointed as Director.
Incorporation
16 Nov 2017
Novel Foundation was registered on 16 Nov 2017 with Roc Delhi & aged 8 years 11 months as per MCA records.

Frequently asked questions

Novel Foundation is an active private not for profit company based in Gurgaon, Haryana, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 16 November 2017 (9+ years old) and is registered under CIN U74999HR2017NPL071493.

Novel Foundation has 3 current directors:

The latest financial statements of Novel Foundation 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.

No. Novel Foundation has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Novel Foundation is U74999HR2017NPL071493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Novel Foundation was incorporated on 16 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Novel Foundation by revenue are Ufv India Global Education, Preach Training Academy Private Limited, Upflairs Private Limited, Open Canvas Learning Private Limited, Ushakaal Gyan Foundation and 5 more, all in the same principal business activity (higher education, technical & vocational education).

Jitender Singh ceased to be Director on 01 Oct 2023. Ashish Sehrawat was appointed as Director on 30 Sep 2023. Shivam Singh was appointed as Director on 09 Mar 2023. Novel Foundation has 9 board changes on record in total.

The registered office of Novel Foundation is at SCO – 58 1st Floor, Old Judicial Complex Civil Lines, Gurgaon, Haryana, India – 122001.

Novel Foundation operates in the business services industry, in the miscellaneous business activities segment.

The compliance status of Novel Foundation is compliant as of 13 August 2026. The company is actively filing with the Registrar of Companies.