About Payal Novelty Private Limited
Data last updated: 09 January 2026
Payal Novelty Private Limited is a private limited company based in Jharsuguda, Orissa, India, recognised as a startup by DPIIT. It specialises in health and beauty retail and distribution, a part of the broader consumer goods sector. Incorporated on 23 January 2012, the company has been in operation for over 14 years.
Registered with ROC Cuttack under CIN U51109OR2012PTC014852.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.75 Lakh. It is led by directors including Pawan Kumar Singhania and Neha Singhania.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Jhanda Chowk Marwari Para, Jharsuguda, Orissa, India – 768201.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.24 Cr, a decline of 29% compared to the previous year.
The company has a workforce of approximately 1 employees as per the latest available data.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website payalnovelty.com.
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Registered AddressJhanda Chowk Marwari Para, Jharsuguda, Orissa, India – 768201
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IndustryConsumer Goods, Health & Beauty Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Payal Novelty Private Limited
Payal Novelty Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Payal Novelty Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Payal Novelty Private Limited
Payal Novelty Private Limited is audited by KAUR SINGH & COMPANY 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 |
|---|---|---|---|
| KAUR SINGH & COMPANY | Locked | Locked | Locked |
Complete auditor history for Payal Novelty 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 Payal Novelty Private Limited
Payal Novelty Private Limited is governed by 3 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar Singhania | Managing Director | 23 Jan 2012 | 14 Years 5 Months | Current |
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Neha Singhania
Also directs:
Urjav India Private Limited
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Director | 23 Jan 2012 | 14 Years 5 Months | Current |
| Parag Singhania | Director | 23 Jan 2012 | 14 Years 5 Months | Current |
Financials of Payal Novelty Private Limited FY 2025 filings available
Payal Novelty Private Limited reported revenue of ₹1.24 Cr (down 29.00% YoY) for FY 2025.
Ten-year financial statements for Payal Novelty Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Payal Novelty Private Limited
Shareholding and ownership data for Payal Novelty Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings Payal Novelty Private Limited
Payal Novelty Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Payal Novelty Private Limited
Payal Novelty Private Limited has a workforce of 1 employees as of Apr 04, 2024.
Employee and EPFO history for Payal Novelty 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 Payal Novelty Private Limited
GST registrations and filing compliance for Payal Novelty Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Payal Novelty Private Limited
Credit ratings, litigation, and regulatory alerts for Payal Novelty 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 Payal Novelty Private Limited
MSME payment history for Payal Novelty 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 Payal Novelty Private Limited
Corporate group structure for Payal Novelty Private Limited
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- Parent company
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- Associates and joint ventures
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MCA Filings & Documents of Payal Novelty Private Limited
MCA filings and documents for Payal Novelty 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
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Recent Activity on Payal Novelty Private Limited
Frequently Asked Questions about Payal Novelty Private Limited
Payal Novelty Private Limited is an active private limited company in the consumer goods sector based in Jharsuguda, Orissa, India. It was incorporated on 23 January 2012 (14+ years old) and is registered under CIN U51109OR2012PTC014852. The company has 1 employees.
Payal Novelty Private Limited reported revenue of ₹1.24 Cr for FY 2025 (down 29.00% YoY).
The current directors of Payal Novelty Private Limited are:
- Pawan Kumar Singhania - Managing Director
- Neha Singhania - Director
- Parag Singhania - Director
The primary industry of Payal Novelty Private Limited is consumer goods. The company specifically operates in health and beauty retail and distribution. The company is currently active in this sector.
Yes, Payal Novelty Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Payal Novelty Private Limited can be reached at the registered office: Jhanda Chowk Marwari Para, Jharsuguda, Orissa, India – 768201, or through the website payalnovelty.com.