
About Novorbis Itus Private Limited
Data last updated:
Novorbis Itus Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 25 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U31900MP2019PTC048451. Its GSTIN is 23AAGCN5099M1ZX (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹40.15 Lakh and a paid-up capital of ₹1.25 Lakh. It is led by directors including Divyank Gupta and Harsh Neekhara.
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 Jinsi Chouraha 119 Neelkanth Colony, Indore, Madhya Pradesh, India – 452006.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.1 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹23.89 Lakh (net margin 2.6%) and EBITDA of ₹53.55 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 315% over three years.
The company is associated with 1 brand: Novorbis. As per MCA filings, the company has open charges of ₹1.9 Cr on record.
Novorbis Itus Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0023954). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novorbisitus.com.
Company details
Recognitions & Rankings of Novorbis Itus
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0023954
Contact details
Novorbis Itus Private Limited's registered office is in Indore, Madhya Pradesh. Its website is novorbisitus.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressJinsi Chouraha 119 Neelkanth Colony, Indore, Madhya Pradesh, India – 452006
- IndustryEnvironment, Clean Energy Solutions
To see the full contact details of Novorbis Itus 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
Brands
Novorbis Itus operates one associated brand: Novorbis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Filter-less air purifiers for indoor and outdoor use are manufactured. | novorbisitus.com |
Business activity
The main business activity of Novorbis Itus is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Novorbis Itus Private Limited, buy the company report.
Financials of Novorbis Itus Private Limited
FY 2025 filings availableNovorbis Itus Private Limited reported revenue of ₹9.1 Cr (up 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 315% over three years, including 72% growth in the latest year. EBITDA fell 37% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹53.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.89 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Novorbis Itus Private Limited, buy the company report.
Board of directors of Novorbis Itus Private Limited
Novorbis Itus has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divyank Gupta | Director | 25 Apr 2019 | 7 Years 5 Months | Current |
| Harsh Neekhara | Director | 25 Apr 2019 | 7 Years 5 Months | Current |
| Gagan Tripathi | Director | 25 Apr 2019 | 7 Years 5 Months | Current |
| Adarsh Ladda Also directs: Junckit Systems LLP, Structure Monitoring Technology Private Limited, Ladda Infratech Private Limited and 2 more | Director | 06 May 2024 | 2 Years 5 Months | Current |
Auditor
Novorbis Itus Private Limited is audited by KULDEEP PATIDAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KULDEEP PATIDAR & ASSOCIATES | FY 2023 | 027395C |
Shareholding
The shareholding of Novorbis Itus Private Limited is on record for 4 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 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Novorbis Itus Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2025 | 101072251 | Others | ₹1.5 Cr | Open | |
| 28 Mar 2024 | 100921310 | Hdfc Bank Limited | ₹40 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Novorbis Itus 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 Novorbis Itus Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Novorbis Itus Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
Novorbis Itus has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCN5099M1ZX | Madhya Pradesh | Active | 26 Jun 2020 |
| 27AAGCN5099M1ZP | Maharashtra | Active | 26 Dec 2023 |
To see the full GST registrations and return filing status of Novorbis Itus Private Limited, buy the company report.
Recent activity
Novorbis Itus Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Adarsh Ladda ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Novorbis Itus is an active private limited company based in Indore, Madhya Pradesh, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 25 April 2019 (7+ years old) and is registered under CIN U31900MP2019PTC048451.
Novorbis Itus has 4 current directors:
- Divyank Gupta - Director
- Harsh Neekhara - Director
- Gagan Tripathi - Director
- Adarsh Ladda - Director
The latest financial statements of Novorbis Itus 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 FY 2020 are in the company report.
The GSTIN of Novorbis Itus is 23AAGCN5099M1ZX, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAGCN5099M1ZP (Maharashtra).
The CIN (Corporate Identification Number) of Novorbis Itus is U31900MP2019PTC048451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novorbis Itus was incorporated on 25 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
Adarsh Ladda ceased to be Additional Director on 29 Sep 2024. Adarsh Ladda was appointed as Director on 06 May 2024. Divyank Gupta was appointed as Director on 25 Apr 2019. Novorbis Itus has 5 board changes on record in total.
Yes, Novorbis Itus is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Novorbis Itus is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0023954).
Novorbis Itus can be reached through the website novorbisitus.com. Its registered office is in Indore, Madhya Pradesh, India.