Startup India Government of India
Noverties India Private Limited
Noverties India Private Limited - infrastructure and utilities in Lucknow, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹43.55 Cr
▲ 2169% YoY
Net profit · FY 2024
₹39.27 Cr
Net margin 90.2%
EBITDA · FY 2024
₹39.3 Cr
EBITDA margin 90.3%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹28 Lakh
Issued & subscribed
Open charges
₹75.97 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Noverties India Private Limited
Data last updated:
Noverties India Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 14 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U51909UP2017PTC095009. Its GSTIN is 09AAFCN7030F1ZK (Uttar Pradesh).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28 Lakh. It is led by directors Parth Saxena and Subham Saxena.
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 20 Basant Vihar Colony Faridinagar Indra Nagar Lko, Lucknow, Uttar Pradesh, India – 226016.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.55 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹39.27 Cr (net margin 90.2%) and EBITDA of ₹39.3 Cr (EBITDA margin 90.3%). Revenue has grown at a compounded annual rate (CAGR) of 133% over five years.
As per MCA filings, the company has open charges of ₹75.97 Lakh on record.
Noverties India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-50-0028046). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909UP2017PTC095009
Registration Number 095009
Incorporation Date 14 July 2017
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-UP-50-0028046
Key People
Parth Saxena Director Subham Saxena Director Recognitions & Rankings of Noverties India
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-50-0028046
Contact details
Noverties India Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address20 Basant Vihar Colony Faridinagar Indra Nagar Lko, Lucknow, Uttar Pradesh, India – 226016
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Noverties India Private Limited, buy the company report.
Comprehensive company report
Noverties India 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Noverties India is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Noverties India Private Limited, buy the company report.
Financials of Noverties India Private Limited
FY 2024 filings availableNoverties India Private Limited reported revenue of ₹43.55 Cr (up 2169% YoY) for FY 2024.
Revenue · FY 2024
₹43.55 Cr ▲ 2169%
Net profit · FY 2024
₹39.27 Cr margin 90.2%
EBITDA · FY 2024
₹39.3 Cr margin 90.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
5 years · compounded
▲ 133%
EBITDA CAGR growth
5 years · compounded
▲ 511%
Revenue has grown at a compounded annual rate (CAGR) of 133% over five years. 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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| Total Expenses | |||||
| EBITDA | ₹39.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.27 Cr | ||||
| Balance Sheet | |||||
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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 | 90.3% | ||||
| Net Profit Margin | 90.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Noverties India Private Limited, buy the company report.
Board of directors of Noverties India Private Limited
Noverties India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parth Saxena | Director | 04 Jul 2022 | 4 Years 3 Months | Current |
| Subham Saxena | Director | 14 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Noverties India Private Limited is audited by Priyam Kumar Mishra & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Priyam Kumar Mishra & Co. | FY 2023 | 453785 |
Shareholding
The shareholding of Noverties India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Noverties India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75.97 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2025 | 101075376 | State Bank of India | ₹70 Lakh | Open | |
| 16 Jan 2025 | 101064669 | Hdfc Bank Limited | ₹5.97 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Noverties India 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 Noverties India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Noverties India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCN7030F1ZK | Uttar Pradesh | Active | 24 Feb 2018 |
To see the full GST registrations and return filing status of Noverties India Private Limited, buy the company report.
Recent activity
Noverties India Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Parth Saxena was appointed as Director on 04 Jul 2022.
Charges
A charge with State Bank Of India amounted to Rs. 70.00 Lakh with Charge ID 101075376 was registered on 21 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.97 Lakh with Charge ID 101064669 was registered on 16 Jan 2025.
AGM
Noverties India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Noverties India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Appointed
Parth Saxena was appointed as Director.
Ceased
Mansi Saxena ceased to be Additional Director.
Ceased
Pramod Kumar ceased to be Director.
Ceased
Usha Rani ceased to be Director.
Ceased
Indrajeet Singh ceased to be Director.
Appointed
Subham Saxena was appointed as Director.
Incorporation
14 Jul 2017
Noverties India Private Limited was registered on 14 Jul 2017 with Roc Kanpur & aged 9 years 3 months as per MCA records.
Frequently asked questions
Noverties India is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 14 July 2017 (9+ years old) and is registered under CIN U51909UP2017PTC095009.
Noverties India has 2 current directors:
- Parth Saxena - Director
- Subham Saxena - Director
The latest financial statements of Noverties India 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 FY 2018 are in the company report.
The GSTIN of Noverties India is 09AAFCN7030F1ZK, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Noverties India is U51909UP2017PTC095009. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Noverties India was incorporated on 14 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kanpur.
Parth Saxena was appointed as Director on 04 Jul 2022. Mansi Saxena ceased to be Additional Director on 31 Dec 2020. Pramod Kumar ceased to be Director on 15 Feb 2020. Noverties India has 6 board changes on record in total.
Yes, Noverties India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Noverties India is registered as an MSME under Udyam registration (number: UDYAM-UP-50-0028046).
The registered office of Noverties India is at 20 Basant Vihar Colony Faridinagar Indra Nagar Lko, Lucknow, Uttar Pradesh, India – 226016.