About Novel Lines and Logistics Private Limited
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Novel Lines and Logistics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 15 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63032MH2005PTC153980. Its GSTIN is 27AACCN1721G1ZT (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.1 Lakh. It is led by directors Jigna Dhiren Parmar and Dhiren Jagdish Parmar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 906 9th Floor 360 Degree Busniess Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.6 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.57 Cr (net margin 3.9%) and EBITDA of ₹5.74 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 6% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26.8 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novellines.com.
Company details
Contact details
Novel Lines and Logistics Private Limited's registered office is in Mumbai, Maharashtra. Its website is novellines.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address906 9th Floor 360 Degree Busniess Park, Next To R Mall Lbs Marg Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Novel Lines and Logistics 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
Business activity
The main business activity of Novel Lines and Logistics is transportation and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 50 | Water transport |
To see the full business activity and turnover split of Novel Lines and Logistics Private Limited, buy the company report.
Financials of Novel Lines and Logistics Private Limited
FY 2024 filings availableNovel Lines and Logistics Private Limited reported revenue of ₹65.6 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 46% 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 | ₹5.74 Cr | ||||
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| Net Profit (PAT) | ₹2.57 Cr | ||||
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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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| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 3.9% | ||||
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To see the full financial statements and ratios of Novel Lines and Logistics Private Limited, buy the company report.
Board of directors of Novel Lines and Logistics Private Limited
Novel Lines and Logistics has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigna Dhiren Parmar Also directs: Jugal Freight System Private Limited | Director | 26 Aug 2022 | 4 Years 2 Months | Current |
| Dhiren Jagdish Parmar Also directs: Jugal Freight System Private Limited | Director | 01 Mar 2009 | 17 Years 7 Months | Current |
Auditor
Novel Lines and Logistics Private Limited is audited by APPAN & LOKHANDWALA ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| APPAN & LOKHANDWALA ASSOCIATES | FY 2023 | 117040W |
Shareholding
The shareholding of Novel Lines and Logistics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Novel Lines and Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2025 | 101119077 | Others | ₹22.51 Cr | Open | |
| 22 Aug 2012 | 10377925 | Standard Chartered Bank | ₹4.29 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Novel Lines and Logistics Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (S) | Filed against the company by an individual | Pending |
To see the full case history of Novel Lines and Logistics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Novel Lines and Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Novel Lines and Logistics Private Limited has a workforce of 23 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Novel Lines and Logistics has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN1721G1ZT | Maharashtra | Active | 01 Jul 2017 |
| 24AACCN1721G1ZZ | Gujarat | Active | 01 Jul 2017 |
| 33AACCN1721G1Z0 | Tamil Nadu | Active | 01 Jul 2017 |
| 07AACCN1721G1ZV | Delhi | Active | 12 Jul 2017 |
To see the full GST registrations and return filing status of Novel Lines and Logistics Private Limited, buy the company report.
Recent activity
Novel Lines and Logistics Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Balakrishnan Chelakara Narayanan ceased to be Director on 29 Dec 2023.
Frequently asked questions
Novel Lines and Logistics is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 15 June 2005 (21+ years old) and is registered under CIN U63032MH2005PTC153980.
Novel Lines and Logistics has 2 current directors:
- Jigna Dhiren Parmar - Director
- Dhiren Jagdish Parmar - Director
The latest financial statements of Novel Lines and Logistics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Novel Lines and Logistics is 27AACCN1721G1ZT, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 24AACCN1721G1ZZ (Gujarat), 33AACCN1721G1Z0 (Tamil Nadu), 07AACCN1721G1ZV (Delhi).
The CIN (Corporate Identification Number) of Novel Lines and Logistics is U63032MH2005PTC153980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novel Lines and Logistics has 2 court cases on record: 2 filed against it. 2 are pending.
Novel Lines and Logistics was incorporated on 15 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Balakrishnan Chelakara Narayanan ceased to be Director on 29 Dec 2023. Gopalakrishnan Chelakara Ramaswamy ceased to be Director on 29 Dec 2023. Vandana Gopalakrishnan ceased to be Director on 29 Mar 2023. Novel Lines and Logistics has 6 board changes on record in total.
Novel Lines and Logistics can be reached through the website novellines.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Novel Lines and Logistics is at 906 9th Floor 360 Degree Busniess Park, Next To R Mall Lbs Marg Mulund West, Mumbai, Maharashtra, India – 400080.
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