Novelty Finance Limited
About Novelty Finance Limited
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Novelty Finance Limited is a public limited company based in Punjab, India. It operates in the asset financing companies segment of the financial services sector. It was incorporated on 12 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB2000PLC023256. Its GSTIN is 03AABCN1975F1ZQ (Punjab).
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.2 Cr. It is led by directors including Anuj Singla (Managing Director) and Gagandeep (Whole-Time Director).
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 Patiala Roadpatran Distt Patiala, Punjab, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.97 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹18.53 Lakh (net margin 9.4%) and EBITDA of ₹87.65 Lakh (EBITDA margin 44.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 12% over five years.
Court records list 69 cases involving the company, including 44 filed by the company and 25 filed against it; 16 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Novelty Finance has one previous CIN (Corporate Identification Number): L65921PB2000PLC023256. The current CIN is U65921PB2000PLC023256, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921PB2000PLC023256 | Current |
| L65921PB2000PLC023256 | Previous |
Contact details
Novelty Finance Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPatiala Roadpatran Distt Patiala, Punjab, India
- IndustryFinancial Services, Asset Financing Companies, Investment & Credit NBFC, NBFC
To see the full contact details of Novelty Finance 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 Novelty Finance is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Novelty Finance Limited, buy the company report.
Financials of Novelty Finance Limited
FY 2025 filings availableNovelty Finance Limited reported revenue of ₹1.97 Cr (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 23% growth in the latest year. EBITDA rose 20% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹87.65 Lakh | ||||
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| Net Profit (PAT) | ₹18.53 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.4% | ||||
| Net Profit Margin | 9.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Novelty Finance Limited, buy the company report.
Board of directors of Novelty Finance Limited
Novelty Finance has 8 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gagandeep | Whole-Time Director | 30 Sep 2020 | 6 Years 1 Months | Current |
| Tarun Singla | Whole-Time Director | 30 Sep 2020 | 6 Years 1 Months | Current |
| Gian Singla | Director | 31 Jan 2008 | 18 Years 9 Months | Current |
| Anuj Singla | Managing Director | 30 Jun 2012 | 14 Years 4 Months | Current |
| Raj Kumar | Director | 01 May 2007 | 19 Years 6 Months | Current |
| Usha Rani | Director | 12 Jan 2000 | 26 Years 9 Months | Current |
Auditor
Novelty Finance Limited is audited by DASS & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DASS & CO | FY 2018 | 000200N |
Shareholding
The shareholding of Novelty Finance Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Novelty Finance Limited, buy the company report.
Legal cases
Novelty Finance Limited has 69 court cases on record: 44 filed by Novelty Finance, 25 filed against it. 16 cases are pending and 53 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 67 | 23 | 16 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patiala, Punjab | Appeal | Filed against the company by an individual | Pending |
| District court, Patiala, Punjab | Appeal | Filed against the company by an individual | Pending |
| District court, Patiala, Punjab | Appeal | Filed against the company by an individual | Pending |
| District court, Patiala, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Patiala, Punjab | Appeal | Filed against the company by an individual | Pending |
To see the full case history of Novelty Finance 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 Novelty Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novelty Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCN1975F1ZQ | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novelty Finance Limited, buy the company report.
Recent activity
Novelty Finance Limited has 18 board changes on record since 2000: 8 appointments and 10 cessations. The latest: Ashok Kumar ceased to be Director on 30 Nov 2021.
9 earlier events are in the company report.
Frequently asked questions
Novelty Finance is an active public limited company based in Punjab, India. The company works in asset financing companies, within the financial services industry. It was incorporated on 12 January 2000 (26+ years old) and is registered under CIN U65921PB2000PLC023256.
Novelty Finance has 8 current directors:
- Anuj Singla - Managing Director
- Gagandeep - Whole-Time Director
- Tarun Singla - Whole-Time Director
- Pawan Kumar - Whole-Time Director
- Gian Singla - Director
- Raj Kumar - Director
- Usha Rani - Director
- Anju Bala - Director
The latest financial statements of Novelty Finance 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 2015 are in the company report.
The GSTIN of Novelty Finance is 03AABCN1975F1ZQ, registered in Punjab.
The CIN (Corporate Identification Number) of Novelty Finance is U65921PB2000PLC023256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novelty Finance has 69 court cases on record: 44 filed by the company and 25 filed against it. 16 are pending. Most are in the district courts.
Novelty Finance was incorporated on 12 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ashok Kumar ceased to be Director on 30 Nov 2021. Reetu Singla ceased to be Director on 30 Nov 2021. Anuj Singla ceased to be Whole-Time Director on 30 Sep 2020. Novelty Finance has 18 board changes on record in total.
The registered office of Novelty Finance is at Patiala Roadpatran Distt Patiala, Punjab, India.
Novelty Finance operates in the financial services industry, in the asset financing companies segment.
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