Novelty Textiles Private Limited - Company Profile

It is a home & lifestyle private limited company based in Mumbai, Maharashtra, India, established in 1959.
1959 Mumbai, Maharashtra, India Active
Last Updated:
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About Novelty Textiles Private Limited

Novelty Textiles Private Limited, a active private limited company, was established on 09 January 1959 in Mumbai, Maharashtra, India. Engaging in textile retail & distribution within the trade sector, it holds CIN: U17120MH1959PTC011258. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Anjali Kaur Sethi (Director), Akhilesh Gurvindersingh Sethi (Director), Samridh Singh Sethi (Director). Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 41 Raghav Wadi 4Gr Floorfrench Bridge 0Ff N S Patker Marg, Mumbai, Maharashtra, 400007.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U17120MH1959PTC011258

  • Registration Number

    011258

  • Incorporation Date

    09 January 1959

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 67 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -45.86%
  • Profit Growth **** -78.50%
  • Ebitda **** -1.24%
  • Net Worth -61.80%
  • Total Assets **** 0.56%
Company report

Novelty Textiles Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Novelty Textiles Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Novelty Textiles Private Limited?
Current Directors
Name Designation Appointment Date Status
Anjali Kaur Sethi Director 25 Jul 1985 Current
Akhilesh Gurvindersingh Sethi Director 01 Nov 2000 Current
Samridh Singh Sethi Director 22 Jul 2002 Current

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Financial Performance of Novelty Textiles.

Novelty Textiles Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 45.86% decrease. The company also saw a substantial fall in profitability, with a 78.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 61.8%.

Novelty Textiles revenue growth over time
Novelty Textiles profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -45.86%
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Revenue from Operations
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Total Assets
*******
 0.56%
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Profit or Loss
*******
 -78.50%
*******
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*******
*******
Net Worth
*******
 -61.80%
*******
*******
*******
*******
EBITDA
*******
 -1.24%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Novelty Textiles?

In 2018, Novelty Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Novelty Textiles?

Unlock and access historical data on people associated with Novelty Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Novelty Textiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Novelty Textiles's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Novelty Textiles
Recent Activity within the Organization
  • Annual General Meeting

    Novelty Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Novelty Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Director Appointment

    Progress on Samridh Singh Sethi was appointed as a Director was appointed as a Director on 22 Jul 2002 & has been associated with this company since 23 years 10 months . was documented.

  • Director Appointment

    Akhilesh Gurvindersingh Sethi was appointed as a Director was appointed as a Director on 01 Nov 2000 & has been associated with this company since 25 years 7 months . was recorded as a recent event.

  • Director Appointment

    The activity Anjali Kaur Sethi was appointed as a Director was appointed as a Director on 25 Jul 1985 & has been associated with this company since 40 years 10 months . was completed.

  • Company Incorporation

    Progress on Novelty Textiles Private Limited was registered on 09 Jan 1959 with Roc Mumbai & aged 67 years 5 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Novelty Textiles Private Limited?

The CIN of Novelty Textiles Private Limited is U17120MH1959PTC011258.

Where is Novelty Textiles Private Limited headquartered?

Novelty Textiles Private Limited is headquartered at 41 Raghav Wadi 4Gr Floorfrench Bridge 0Ff N S Patker Marg, Mumbai, Maharashtra, 400007.

When was Novelty Textiles Private Limited incorporated?

Novelty Textiles Private Limited was incorporated on 09 January 1959.

Who are the current directors of Novelty Textiles Private Limited?

The current directors of Novelty Textiles Private Limited are

What is the primary industry of Novelty Textiles Private Limited?

The primary industry of Novelty Textiles Private Limited is Trade.

Is Novelty Textiles Private Limited a listed company?

Novelty Textiles Private Limited is unlisted.

What is the capital structure of Novelty Textiles Private Limited?

The authorized capital of Novelty Textiles Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Novelty Textiles Private Limited?

The compliance status of Novelty Textiles Private Limited is Compliant.

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