About Novo Excipients Private Limited
Data last updated: 07 February 2026
Novo Excipients Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 01 October 2003, the company has been in operation for over 23 years.
Registered with ROC Mumbai under CIN U24230MH2003PTC142463.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. Formerly known as Active Drugs Systems Private Limited. and Chemisun Pharmaceuticals Industries Private Limited. It is led by directors Gautam Chandrakumar Shah and Bimal Shantilal Doshi.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 5/C Shree Laxmi Ind Estatenew Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹103.54 Cr, a decline of 1% compared to the previous year.
The company has a workforce of approximately 107 employees as per the latest available data.
The company is associated with 1 brand - Novomix. As per MCA filings, the company has open charges of ₹6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novomix.in.
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Registered Address5/C Shree Laxmi Ind Estatenew Link Road Andheri West, Mumbai, Maharashtra, India – 400053
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IndustryPharma, Drug Formulation & Development
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Novo Excipients Private Limited
Novo Excipients Private Limited has undergone 2 name changes throughout its history. The company was previously known as Active Drugs Systems Private Limited., and Chemisun Pharmaceuticals Industries Private Limited. The current legal name is Novo Excipients Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Novo Excipients Private Limited | Current |
| Active Drugs Systems Private Limited. | Previous |
| Chemisun Pharmaceuticals Industries Private Limited | Previous |
Associated Brands with Novo Excipients Private Limited
Novo Excipients Private Limited operates one associated brand: Novomix. These brands represent Novo Excipients Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Develops and manufactures pharmaceutical excipients for industry applications. | novomix.in |
Competitors & Alternatives of Novo Excipients Private Limited
Brands and companies operating in the same space as Novo Excipients Private Limited include Accent Microcell, Amster Microcell, NextGen Exsome.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Accent Microcell
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Microcrystalline cellulose and excipients are manufactured by Accent Microcell. | Ahmedabad, India, India | 2001 |
Amster Microcell
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Produces excipients like microcrystalline cellulose for pharmaceutical and nutraceutical industries. | India | 2018 |
NextGen Exsome
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Offers exosome engineering, analysis, and purification services for industrial sectors. | - | 2024 |
Business Activity of Novo Excipients Private Limited
Novo Excipients Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Novo Excipients Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Novo Excipients Private Limited
Novo Excipients Private Limited is audited by Grishma J Bhalja & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Grishma J Bhalja & Co. | Locked | Locked | Locked |
Complete auditor history for Novo Excipients Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Novo Excipients Private Limited
Novo Excipients Private Limited is currently managed by 2 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Gautam Chandrakumar Shah
Also directs:
Metaverse Pharmaceuticals Private Limited, Vitamystic Healthcare Private Limited, G.C. Chemie Pharmie Limited and 1 more
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Managing Director | 01 Oct 2003 | 22 Years 10 Months | Current |
| Bimal Shantilal Doshi | Director | 14 Jun 2011 | 15 Years 2 Months | Current |
Financials of Novo Excipients Private Limited FY 2025 filings available
Novo Excipients Private Limited reported revenue of ₹103.54 Cr (down 1.00% YoY) for FY 2025.
Ten-year financial statements for Novo Excipients Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Novo Excipients Private Limited
Shareholding and ownership data for Novo Excipients Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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Charges & Borrowings of Novo Excipients Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jun 2018 | Hdfc Bank Limited | ₹6 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Novo Excipients Private Limited
Novo Excipients Private Limited has a workforce of 107 employees as of Apr 09, 2024.
Employee and EPFO history for Novo Excipients Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Novo Excipients Private Limited
GST registrations and filing compliance for Novo Excipients Private Limited
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- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Novo Excipients Private Limited
Credit ratings, litigation, and regulatory alerts for Novo Excipients Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Novo Excipients Private Limited
MSME payment history for Novo Excipients Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Novo Excipients Private Limited
Corporate group structure for Novo Excipients Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
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MCA Filings & Documents of Novo Excipients Private Limited
MCA filings and documents for Novo Excipients Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Novo Excipients Private Limited
Frequently Asked Questions about Novo Excipients Private Limited
Novo Excipients Private Limited is an active private limited company in the pharma sector based in Mumbai, Maharashtra, India. It was incorporated on 01 October 2003 (23+ years old) and is registered under CIN U24230MH2003PTC142463. The company has 107 employees.
Novo Excipients Private Limited reported revenue of ₹103.54 Cr for FY 2025 (down 1.00% YoY).
The current directors of Novo Excipients Private Limited are:
- Gautam Chandrakumar Shah - Managing Director
- Bimal Shantilal Doshi - Director
The primary industry of Novo Excipients Private Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.
Novo Excipients Private Limited can be reached at the registered office: 5C Shree Laxmi Ind Estatenew Link Road Andheri West, Mumbai, Maharashtra, India – 400053, or through the website novomix.in.
The authorised capital is ₹10 Lakh, and the paid-up capital is ₹2 Lakh.