Novelty Stores Private Limited
About Novelty Stores Private Limited
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Novelty Stores Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 17 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U52322WB1999PTC088816.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.6 Lakh. It is led by directors Varsha Bhimsaria and Kavita Bhimsaria.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 2/B Tara Chand Dutta St, Kolkata, West Bengal, India – 700073.
As per MCA filings, the company has open charges of ₹2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Novelty Stores Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2/B Tara Chand Dutta St, Kolkata, West Bengal, India – 700073
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Novelty Stores 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 Novelty Stores is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Novelty Stores Private Limited, buy the company report.
Financials of Novelty Stores Private Limited
FY 2022 filings availableNovelty Stores Private Limited reported revenue of ₹9,670 (down 13% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 13% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Revenue from Operations | ₹9,670 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Novelty Stores Private Limited, buy the company report.
Board of directors of Novelty Stores Private Limited
Novelty Stores has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Bhimsaria Also directs: Bhimsaria Commodities LLP, Snehal Ventures LLP, Space Matrix Drive Private Limited and 2 more | Director | 27 Oct 2019 | 7 Years 0 Months | Current |
| Kavita Bhimsaria Also directs: Bhimsaria Commodities LLP, Space Matrix Drive Private Limited, Rock Stone Realtor Private Limited and 1 more | Director | 27 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Novelty Stores Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Novelty Stores Private Limitedthis company | ₹9,670 (FY 2022) | -13.0% | Kolkata, West Bengal, India | |||
| Algoquant Infraprop Private Limited | ₹9,553 (FY 2022) | Delhi, India | ||||
| Ganesh Land Infrastructure Private Limited | ₹9,500 (FY 2025) | -25.0% | Navi Mumbai, Maharashtra, India | |||
| Gruhpavitram Infra & Resorts Private Limited | ₹9,350 (FY 2019) | -91.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Novelty Stores Private Limited, buy the company report.
Auditor
Novelty Stores Private Limited is audited by K.DERASARI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.DERASARI & CO | FY 2022 | 324091E |
Shareholding
The shareholding of Novelty Stores Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Novelty Stores Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2013 | 10439004 | Union Bank of India | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Novelty Stores Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Novelty Stores Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Novelty Stores Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Novelty Stores Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Sanjay Bhimsaria ceased to be Director on 05 Nov 2019.
Frequently asked questions
Novelty Stores is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 17 February 1999 (27+ years old) and is registered under CIN U52322WB1999PTC088816.
Novelty Stores has 2 current directors:
- Varsha Bhimsaria - Director
- Kavita Bhimsaria - Director
The latest financial statements of Novelty Stores on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Novelty Stores is U52322WB1999PTC088816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novelty Stores was incorporated on 17 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Novelty Stores by revenue are Algoquant Infraprop Private Limited, Ganesh Land Infrastructure Private Limited, Gruhpavitram Infra & Resorts Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Sanjay Bhimsaria ceased to be Director on 05 Nov 2019. Sushila Devi Bhimsaria ceased to be Director on 05 Nov 2019. Kavita Bhimsaria was appointed as Director on 27 Oct 2019. Novelty Stores has 4 board changes on record in total.
The registered office of Novelty Stores is at 2B Tara Chand Dutta St, Kolkata, West Bengal, India – 700073.
Novelty Stores operates in the financial services industry, in the real estate financing segment.
Novelty Stores has open charges of ₹2 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Novelty Stores is compliant as of 20 September 2026. The company is actively filing with the Registrar of Companies.
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