Startup India Government of India
Novel Power Private Limited - energy in Hoshiarpur, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹85.75 Lakh
▲ 132% YoY
Net profit · FY 2024
₹1.21 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹2.06 Lakh
EBITDA margin 2.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Novel Power Private Limited
Data last updated:
Novel Power Private Limited is a private limited company based in Hoshiarpur, Punjab, India, recognised as a startup by DPIIT. It operates in the electric power generation segment of the energy sector. It was incorporated on 26 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U40106PB2018PTC047832. Its GSTIN is 03AAGCN0455P1ZB (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Novel Solar Power Private Limited. It is led by directors Barinder Singh and Santosh 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 C/O Barinder Singh Vpo Bainstani Kalan, Hoshiarpur, Punjab, India – 144105.
As per the financials filed for FY 2024, the company reported a revenue of ₹85.75 Lakh, a growth of 132% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Lakh (net margin 1.4%) and EBITDA of ₹2.06 Lakh (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 66% over five years.
The company is associated with 1 brand: Novel Power. As per MCA filings, the company has open charges of ₹5 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Novel Power Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-09-0000665). For more details, the company can be reached via its website novelpower.in.
Company Details of Novel Power Private Limited
CIN U40106PB2018PTC047832
Registration Number 047832
Incorporation Date 26 April 2018
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-PB-09-0000665
Key People
Barinder Singh Director Santosh Singh Director Recognitions & Rankings of Novel Power
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-09-0000665
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC/O Barinder Singh Vpo Bainstani Kalan, Hoshiarpur, Punjab, India – 144105
- IndustryEnergy, Electric Power Generation
Comprehensive company report
Novel Power 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Novel Power Private Limited
Novel Power operates one associated brand: Novel Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive solar installation services and products for sustainable energy solutions. | novelpower.in |
Business Activity of Novel Power Private Limited
The main business activity of Novel Power is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Novel Power Private Limited FY 2025 filings available
Novel Power Private Limited reported revenue of ₹85.75 Lakh (up 132% YoY) for FY 2024.
Revenue · FY 2024
₹85.75 Lakh ▲ 132%
Net profit · FY 2024
₹1.21 Lakh margin 1.4%
EBITDA · FY 2024
₹2.06 Lakh margin 2.4%
Compounded Annual Growth Rate (CAGR) of Novel Power Private Limited
Revenue CAGR growth
1 year
▲ 132%
3 years · compounded
▲ 15%
5 years · compounded
▲ 66%
EBITDA CAGR growth
1 year
▲ 489%
3 years · compounded
▲ 51%
5 years · compounded
▲ 33%
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 132% growth in the latest year. EBITDA rose 489% 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 of Novel Power Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2.06 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.21 Lakh | •••• | •••• | •••• | •••• |
| 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 of Novel Power Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Novel Power are in the company report.
Premium access
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Novel Power Private Limited
Novel Power has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Barinder Singh | Director | 26 Apr 2018 | 8 Years 5 Months | Current |
| Santosh Singh | Director | 26 Apr 2018 | 8 Years 5 Months | Current |
Peer Comparison of Novel Power Private Limited
Novel Power Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Retail Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HBLK Realtech Private Limited | ₹85.8 Lakh (FY 2024) | •••• | •••• | -41.0% | •••• | Agra, Uttar Pradesh, India |
| Guruji Associates Private Limited | ₹85.79 Lakh (FY 2021) | •••• | •••• | 4.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Soilflex Agri Science Private Limited | ₹85.78 Lakh (FY 2025) | •••• | •••• | 71.0% | •••• | Jaipur, Rajasthan, India |
| Kwik Fix Auto Private Limited | ₹85.75 Lakh (FY 2024) | •••• | •••• | 40.0% | •••• | Mumbai, Maharashtra, India |
| S4m Milk Barn Private Limited | ₹85.75 Lakh (FY 2024) | •••• | •••• | 41.0% | •••• | Gurgaon, Haryana, India |
| Novel Power Private Limited this company | ₹85.75 Lakh (FY 2024) | •••• | •••• | 132.0% | •••• | Hoshiarpur, Punjab, India |
| Auro Functional Foods Private Limited | ₹85.75 Lakh (FY 2016) | •••• | •••• | 1837.0% | •••• | Mumbai, Maharashtra, India |
| Agroinnovations India Private Limited | ₹85.74 Lakh (FY 2015) | •••• | •••• | •••• | Baramati, Maharashtra, India | |
| Abhima Trade Links Private Limited | ₹85.74 Lakh (FY 2021) | •••• | •••• | •••• | Palakkad, Kerala, India | |
| Vishnukripa Jewels India Private Limited | ₹85.73 Lakh (FY 2019) | •••• | •••• | 23.0% | •••• | Jaipur, Rajasthan, India |
| Sweet Mahal Sweets and Bakers Private Limited | ₹85.73 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | Thiruvananthapuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Novel Power by revenue in the same principal business activity (Retail Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Novel Power Private Limited
Premium access
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Novel Power Private Limited
Open charges
₹5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2023 | Others | ₹5 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Novel Power Private Limited
Novel Power Private Limited has 1 court case on record: 1 filed by Novel Power. All case is pending. Status as checked on 03 Oct 2026.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hoshiarpur, Punjab | Civil suit | Filed by the company against an individual | Pending |
Premium access
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Novel Power Private Limited
Employment history and EPFO contributions of people linked to Novel Power.
Premium access
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Novel Power Private Limited
Novel Power Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Barinder Singh was appointed as Director on 26 Apr 2018.
AGM
Novel Power Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Novel Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Others amounted to Rs. 5.00 Lakh with Charge ID 100693646 was registered on 20 Mar 2023.
Appointed
Barinder Singh was appointed as Director.
Appointed
Santosh Singh was appointed as Director.
Incorporation
26 Apr 2018
Novel Power Private Limited was registered on 26 Apr 2018 with Roc Chandigarh & aged 8 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Novel Power Private Limited
Premium access
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Novel Power Private Limited
Premium access
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Novel Power Private Limited
Premium access
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Novel Power Private Limited
Novel Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAGCN0455P1ZB | Punjab | Active | 01 Aug 2018 |
Premium access
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Novel Power Private Limited
Premium access
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Novel Power Private Limited
Novel Power is an active private limited company based in Hoshiarpur, Punjab, India. The company works in electric power generation, within the energy industry. It was incorporated on 26 April 2018 (8+ years old) and is registered under CIN U40106PB2018PTC047832.
Novel Power reported revenue of ₹85.75 Lakh for FY 2024 (up 132% YoY).
Novel Power has 2 current directors:
- Barinder Singh - Director
- Santosh Singh - Director
Novel Power reported a net profit of ₹1.21 Lakh (net margin 1.4%) and EBITDA of ₹2.06 Lakh (EBITDA margin 2.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Novel Power is 15% over three years and 66% over five years. In the latest year (FY 2024) revenue rose 132%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Novel Power is 03AAGCN0455P1ZB, registered in Punjab.
The CIN (Corporate Identification Number) of Novel Power is U40106PB2018PTC047832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novel Power has 1 court case on record: 1 filed by the company. 1 is pending.
Novel Power was incorporated on 26 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Novel Power by revenue are HBLK Realtech Private Limited, Guruji Associates Private Limited, Soilflex Agri Science Private Limited, Kwik Fix Auto Private Limited, S4m Milk Barn Private Limited and 5 more, all in the same principal business activity (Retail Trading).
Barinder Singh was appointed as Director on 26 Apr 2018. Santosh Singh was appointed as Director on 26 Apr 2018.