When was NAXNOVA TECHNOLOGIES PRIVATE LIMITED incorporated?

NAXNOVA TECHNOLOGIES PRIVATE LIMITED was incorporated on Oct 05, 2011. It is registered with the Registrar of Companies, Mumbai, and its current company status is Active.

What is the Corporate Identification Number (CIN) of NAXNOVA TECHNOLOGIES PRIVATE LIMITED?

NAXNOVA TECHNOLOGIES PRIVATE LIMITED's Corporate Identification Number (CIN) is U74110MH2011PTC222752.

What is the latest revenue of NAXNOVA TECHNOLOGIES PRIVATE LIMITED?

NAXNOVA TECHNOLOGIES PRIVATE LIMITED generated between ₹500 Cr and ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025, reflecting a 1-year revenue CAGR of 41% and an EBITDA CAGR of 4%. The company is currently audited by SGCO & Co.LLP.

What is the registered address of NAXNOVA TECHNOLOGIES PRIVATE LIMITED?

The registered address of NAXNOVA TECHNOLOGIES PRIVATE LIMITED is 76/79,ASTARC HOUSE,TAKPADA MAKWANA LANE, MAROL, ANDHERI (E), MUMBAI, - 400059, MUMBAI, Maharashtra, India, 400059.

What is the latest employee count at NAXNOVA TECHNOLOGIES PRIVATE LIMITED?

As of Aug 01, 2025, the latest employee count at NAXNOVA TECHNOLOGIES PRIVATE LIMITED is 369, reflecting a 7% year-over-year growth in headcount.

Does NAXNOVA TECHNOLOGIES PRIVATE LIMITED have any loans on it?

NAXNOVA TECHNOLOGIES PRIVATE LIMITED has taken out 21 loans from the financial institutions VISTRA ITCL (INDIA) LIMITED, RBL BANK LIMITED and AXIS BANK LIMITED, with a total disclosed borrowing of over ₹1,830Cr. The largest loan was ₹400Cr from VISTRA ITCL (INDIA) LIMITED in Jul 2024, followed by others ranging from ₹6.93L to ₹150Cr between Mar 2016 and Feb 2025.

Who are the authorized signatories of NAXNOVA TECHNOLOGIES PRIVATE LIMITED?

As of Jul 2026, the authorized signatories of NAXNOVA TECHNOLOGIES PRIVATE LIMITED include Salil Kishore Musale, Sameer Kishore Musale and Kishore Manohar Musale.

NAXNOVA TECHNOLOGIES PRIVATE LIMITED - 2026 Company Profile & Financials

Name: NAXNOVA TECHNOLOGIES PRIVATE LIMITED
Brand: NAXNOVA TECHNOLOGIES PRIVATE LIMITED
Price: 3.99 USD

NAXNOVA TECHNOLOGIES PRIVATE LIMITED is a Private Limited Company and was incorporated on Oct 05, 2011 in India. It is registered at Registrar of Companies, ROC Mumbai. Its registered address is 76/79,ASTARC HOUSE,TAKPADA MAKWANA LANE, MAROL, ANDHERI (E), MUMBAI, - 400059, MUMBAI, Maharashtra, India, 400059. Its corporate identification number is (CIN) U74110MH2011PTC222752 and its current status is Active. Its industry classification as per MCA is legal Activities.[Legal Services Such As Those Rendered By Advocates, Barristers, Solicitors, Pleaders, Mukhtiars, Etc. (Law Court Activities Are Classified In Class 7523).]. It had a team size of 369 employees as on Aug 01, 2025.

NAXNOVA TECHNOLOGIES PRIVATE LIMITED's last Annual General Meeting (AGM) was held on Dec 30, 2025 as per records from Ministry of Corporate Affairs (MCA). NAXNOVA TECHNOLOGIES PRIVATE LIMITED's authorised share capital is ₹188Cr and its paid up capital is ₹44Cr. The current board of directors of NAXNOVA TECHNOLOGIES PRIVATE LIMITED comprises Kishore Manohar Musale, Sameer Kishore Musale and 2 more.

NAXNOVA TECHNOLOGIES PRIVATE LIMITED generated between ₹500 Cr and ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025.

Key Metrics

CIN

U74110MH2011PTC222752

Location

India

Current Status

Active

Entity Type

Private Limited Company

Date Of Incorporation

Oct 05, 2011

Company Age

14 Years 9 Months

Registrar of Companies

ROC - Mumbai

Last AGM Date

Dec 30, 2025

Latest Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Latest Employee Count

369 as on Aug 01, 2025

Authorized Capital

₹188Cr

Paid Up Capital

₹44Cr

Email: *****@astarc.com
Registered Address: 76/79,ASTARC HOUSE,TAKPADA MAKWANA LANE, MAROL, ANDHERI (E), MUMBAI, - 400059, MUMBAI, Maharashtra, India, 400059

There are 2 brands associated with NAXNOVA TECHNOLOGIES PRIVATE LIMITED which includes Naxnova and Classic Stripes .

Name	Short Description	Founded Year	Location	Current Stage
Naxnova	Manufacturer of printed electronics and advanced sensing technologies for diverse industries	1987	India	Unfunded
Classic Stripes	Provider of automotive graphics and integrated surface augmentation solution	1987	India	Acquired

View more details on NAXNOVA TECHNOLOGIES PRIVATE LIMITED's profile

The majority of NAXNOVA TECHNOLOGIES PRIVATE LIMITED's turnover comes from Manufacturing.

Main Activity Group Code	Description of Main Activity	Business Activity Code	Description of Business Activity	Turnover Percentage
C	Manufacturing	23	Manufacture of other non-metallic mineral products	kxk

Here is the list of auditors of NAXNOVA TECHNOLOGIES PRIVATE LIMITED:

Name	Status	Appointment Date	Cessation Date
SGCO & Co.LLP	haghgik	spajlux	ctksvgb

Filing Summary

Here is a summary of filing activity and document availability across financial years:

File Type	FY 24-25	FY 23-24	FY 22-23	FY 21-22	FY 20-21
Financial Statements
Annual Returns

Latest Financials, Share Allotment and Annual Report

The latest filed financial documents, annual reports, and share allotment filings are shown below:

Changes to Capital Structure

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Recent Filings

Below are the most recent filings submitted by the company:

Document Name	Category	Filing Date
Form MSME	Other eForm Documents	Apr 29, 2026
Optional attachment(s)- if any	Annual Returns and Balance Sheet eForms	Feb 27, 2026
Optional attachment(s)- if any	Annual Returns and Balance Sheet eForms	Feb 27, 2026
Optional attachment(s)- if any	Annual Returns and Balance Sheet eForms	Feb 27, 2026
Optional attachment(s)- if any	Annual Returns and Balance Sheet eForms	Feb 27, 2026
Form MGT-7	Annual Returns and Balance Sheet eForms	Feb 27, 2026
List of share holders, debenture holders;	Annual Returns and Balance Sheet eForms	Feb 27, 2026
Photograph of the registered office of the Company showing external building and name prominently visible	Annual Returns and Balance Sheet eForms	Feb 27, 2026
Form AOC-4(XBRL)	Annual Returns and Balance Sheet eForms	Jan 31, 2026
Form CSR-2	Annual Returns and Balance Sheet eForms	Jan 31, 2026

To access all company documents and filings with a single purchase, Buy Financials and Company Filings FY 25 Available

NAXNOVA TECHNOLOGIES PRIVATE LIMITED generated between ₹500 Cr and ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of NAXNOVA TECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 41% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	3781	9230	5809	6300	7432
Total Sales	2433	4866	3071	2942	9384
Total Expenses	9248	1118	7755	1953	7946
Operating Expenses	3161	5863	8848	3314	9204
Employee Expenses	6213	1131	4000	6846	8565
Marketing Expenses	9951	8733	3378	9371	7683
Operating Income (EBIT)	5380	8610	6851	3895	8098
Interest Expenses	6233	3369	1555	3867	8934
Expenses from other activities	9482	8457	8070	9360	3411
EBITDA	7636	8892	4661	8025	4658
Taxes	1527	3294	1805	7404	7453
Net Profit	8624	2327	3044	6470	4188
Balance Sheet
Assets	5884	6229	9115	6159	2849
Cash Equivalent	9479	8020	6404	8977	1094
Accounts Receivables	4532	7983	5642	5898	3646
Inventory	2611	6162	9439	2075	9928
Liabilities	9825	6514	7898	8892	5960
Total Debt	4032	7519	4746	3416	4680
Accounts Payable	2964	5713	5318	3332	6730
Equities	2473	7713	8185	3057	7722
Cashflow Statement
Cash from Operating activities	5560	9910	1546	1901	7815
Cash from Investing activities	7426	1188	2920	6776	3214
Net cash from Financing activities	3303	9375	3656	1676	7576

To access detailed financial performance and data, Buy Financial Report FY 25 Available

Ratios

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Profitability Ratios
EBITDA Margin	8727	3907	5975	5936	4403
EBIT Margin	7781	3858	3639	3928	1704
Net Profit Margin	6581	6886	8844	2889	3331
Return on Assets (ROA)	2382	4603	6987	8174	1935
Return on Equity (ROE)	9905	3522	7505	4489	3995
Return on Capital Employed	9621	4027	4344	9555	8837
Return on Invested Capital	7496	6587	8006	1306	4105
Efficiency Ratios
Asset Turnover	9501	4773	5153	8477	4225
Receivables Turnover	3861	7482	6167	6667	3284
Days Sales Outstanding	6751	6952	9794	7889	5402
Inventory Turnover	3801	5056	5045	9522	3952
Days Inventory Outstanding	3079	6748	1699	8441	6055
Payables Turnover	9573	3749	5147	1504	3510
Days Payables Outstanding	8559	5068	8253	9090	9300
Liquidity Ratios
Current Ratio	5372	9628	3042	6490	1606
Quick Ratio	7700	4319	8936	3976	6348
Cash Ratio	6128	3648	9597	6250	7516
Coverage Ratios
Cash Flow Coverage Ratio	8527	1181	6158	9554	9080
Debt Ratios
Debt-to-Equity Ratio	9511	2871	6703	7318	8713
Debt Ratio	9985	6164	2101	7317	3501
Net Debt	8831	5460	2165	7231	2019
Interest Coverage Ratio	8519	5316	2236	2226	5712
Debt Service Coverage Ratio	3144	3464	2876	3989	5264
Net Debt/EBITDA	1346	7262	2124	7949	2672
Solvency Ratios
Runway (in months)	5458	5080	8189	4729	7220
Growth Ratios
Revenue Growth Rate (CAGR)	8492	5262	7233	4786	9085
Earnings Growth Rate (CAGR)	8545	4508	5560	9725	8528

To access detailed financial performance and data, Buy Financial Report FY 25 Available

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Compounded Annual Growth Rate of NAXNOVA TECHNOLOGIES PRIVATE LIMITED

Revenue CAGR	Growth
1 Year	41%
3 Year	611
5 Year	839

EBITDA CAGR	Growth
1 Year	4%
3 Year	246
5 Year	413

Disclaimer

There are 1 delayed MSME payments recorded for NAXNOVA TECHNOLOGIES PRIVATE LIMITED during Oct 2025 - Mar 2026.

Here are the details of MSME payment delays for this period:

Supplier Name	Supplier PAN	Amount Due	Due since
Autocal Solutions Pvt. Ltd.	3455	7282	1990

To access detailed supplier-wise and period-wise MSME payment delay information, Buy Detailed Report

NAXNOVA TECHNOLOGIES PRIVATE LIMITED has taken 21 loans.

Here is a list of loans and charges on NAXNOVA TECHNOLOGIES PRIVATE LIMITED:

As a Borrower

Loan/ Charge ID	Lender Name	Loan Amount	Status	Creation Date	Closure Date
101070189	VISTRA ITCL (INDIA) LIMITED	₹93Cr	pmaprfo	Feb 03, 2025	{{m{{ld
100957380	RBL BANK LIMITED	₹10Cr	tog{exe	Jul 30, 2024	uwfnawf
100947459	VISTRA ITCL (INDIA) LIMITED	₹400Cr	gtzbfy{	Jul 08, 2024	oxwvphl
100720823	AXIS BANK LIMITED	₹53Cr	uad{uhf	Apr 29, 2023	vdmxxwg
100702889	VISTRA ITCL (INDIA) LIMITED	₹30Cr	pmzcfpr	Mar 28, 2023	gvkcrrx
100607123	VISTRA ITCL (INDIA) LIMITED	₹80Cr	dzxmqzh	Jul 26, 2022	pm{pnaq
100414600	KOTAK MAHINDRA BANK LIMITED	₹68.8Cr	{wty{nj	Sep 29, 2020	zcerodh
100331092	VISTRA ITCL (INDIA) LIMITED	₹125Cr	whttbit	Feb 14, 2020	mbfduqb
100209678	VISTRA ITCL (INDIA) LIMITED	₹150Cr	dzetqhw	Aug 29, 2018	hhisgkb
100115612	HDFC BANK LIMITED	₹6.93L	nnnodao	May 02, 2016	{eypubq
100116511	HDFC BANK LIMITED	₹36.8L	vsznjyg	Apr 28, 2016	htflttz
100115578	HDFC BANK LIMITED	₹9.5L	xxzrhfj	Apr 28, 2016	iqxsahr
100025255	VISTRA ITCL (INDIA) LIMITED	₹150Cr	ezhcuwc	Mar 16, 2016	wjtlihc
100024812	-	₹100Cr	bwimvin	Mar 16, 2016	rakgewg
100024815	-	₹100Cr	qzhxoat	Mar 16, 2016	ocnd{vp
100025256	-	₹100Cr	{goobfa	Mar 16, 2016	rixsxpz
100024962	-	₹100Cr	cjhuqqz	Mar 16, 2016	yfkjblm
100026902	-	₹90Cr	jrgayt{	Mar 16, 2016	sggsjvy
100026886	-	₹90Cr	hszgck{	Mar 16, 2016	ptiwdul
100026894	-	₹90Cr	kytzdqy	Mar 16, 2016	suvdywn

To access detailed information on a company’s loans, borrowings, & registered charges, Buy Detailed Report

Board of Directors of NAXNOVA TECHNOLOGIES PRIVATE LIMITED

Here is the list of current board of directors of NAXNOVA TECHNOLOGIES PRIVATE LIMITED:

Name	Designation	Status	Appointment Date	Duration
Kishore Manohar Musale	Director	Current	Nov 29, 2021	4 Years 7 Months
Sameer Kishore Musale	Managing Director	Current	Apr 01, 2018	8 Years 3 Months
Salil Kishore Musale	Managing Director	Current	Apr 01, 2018	8 Years 3 Months
Pandurang Vasantrao Chougale	Whole-time Director	Current	Nov 30, 2021	4 Years 7 Months

To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report

Signatories of NAXNOVA TECHNOLOGIES PRIVATE LIMITED

Here is the list of current signatories of NAXNOVA TECHNOLOGIES PRIVATE LIMITED:

Name	Designation(s)	Status	Appointment Date	Duration
Salil Kishore Musale	Managing Director	Current	Apr 01, 2018	8 Years 3 Months
Sameer Kishore Musale	Managing Director	Current	Apr 01, 2018	8 Years 3 Months
Kishore Manohar Musale	Director	Current	Nov 29, 2021	4 Years 7 Months
Pandurang Vasantrao Chougale	Whole-time Director	Current	Nov 30, 2021	4 Years 7 Months
Vrunda Romil Parekh	Company Secretary	Current	Nov 29, 2025	7 Months

To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report

Cross Directorships of NAXNOVA TECHNOLOGIES PRIVATE LIMITED

NAXNOVA TECHNOLOGIES PRIVATE LIMITED has directors who also hold positions in 40 other legal entities. The top 20 are listed below:

Legal Entity Name	% of Common Directors	Common Director(s)	Open Charge(s)	Active Legal Case(s)
FARMHIVE PRIVATE LIMITED CIN: U01100MH2019PTC321523, India, Active	696	991	220	292
ASTARC POWER PRIVATE LIMITED CIN: U11100MH2007PTC176853, India, Active	705	911	341	987
BHOOMI MINING PRIVATE LIMITED CIN: U14200MH2008PTC177714, India, Active	541	216	396	680
CLASSIC RETAIL IMAGING SOLUTIONS PRIVATE LIMITED CIN: U36998MH2010PTC211398, India, Active	266	608	683	178
ASTARC ENTERPRISES PRIVATE LIMITED CIN: U45200MH1992PTC066612, India, Active	226	589	513	541
MIST KNOWLEDGE PARK PRIVATE LIMITED CIN: U93000MH2007PTC176199, India, Active	301	708	669	408
NAXNOVA FUTURE TECHNOLOGIES PRIVATE LIMITED CIN: U46529MH2024PTC431556, India, Active	529	384	126	926
UNNATI EDUCARE PRIVATE LIMITED CIN: U74120MH2015PTC265216, India, Active	343	812	198	240
HEALING SPACE HEALTHCARE PRIVATE LIMITED CIN: U87200MH2020PTC341179, India, Active	912	570	801	197
SONATA AGRO PRIVATE LIMITED CIN: U01400MH2008PTC179186, India, Active	256	618	785	184
ESSENCE ENTERPRISES PRIVATE LIMITED CIN: U01403MH2007PTC168802, India, Strike off	370	980	910	295
SPRAY AGRO PRIVATE LIMITED CIN: U01403MH2007PTC176213, India, Amalgamated	414	225	614	124
SECURE CULTIVATION AGRO PRIVATE LIMITED CIN: U01403MH2008PTC179168, India, Active	890	262	587	698
SURE CULTIVATION AGRO PRIVATE LIMITED CIN: U01403MH2008PTC179177, India, Active	603	774	431	483
SCIENTIFIC CULTIVATION AGRO PRIVATE LIMITED CIN: U01403MH2008PTC179198, India, Active	165	930	297	978
SPACE CULTIVATION AGRO PRIVATE LIMITED CIN: U01403MH2008PTC181019, India, Active	425	736	644	345
SIRIEN FARMS PRIVATE LIMITED CIN: U01403MH2013PTC242055, India, Active	644	701	310	108
SARVADEVA PLANTATION PRIVATE LIMITED CIN: U01403MH2013PTC242070, India, Active	164	604	175	265
SHIVATMAJA PLANTATION PRIVATE LIMITED CIN: U01403MH2013PTC242071, India, Active	751	902	834	291
TRUTH PLANTATION PRIVATE LIMITED CIN: U01403MH2013PTC242072, India, Active	125	562	578	267

To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report

NAXNOVA TECHNOLOGIES PRIVATE LIMITED has an employee count of 369 as on Aug 01, 2025.

Employee count trend for NAXNOVA TECHNOLOGIES PRIVATE LIMITED

Date	Employee Count
Aug 25	369
Jul 25	184
Jun 25	649
May 25	173
Apr 25	199
Mar 25	188
Feb 25	711

There are two brands associated with NAXNOVA TECHNOLOGIES PRIVATE LIMITED, namely Naxnova and Classic Stripes. Here is the list of the Top 10 competitors of Naxnova ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	AXA 1921, Paris (France), Public	Provider of protection and heritage transmission	-	ACE & Company, Tiberius Geldard & 6 others	78/100
2nd	ICICI Lombard 2001, Mumbai (India), Public	Provider of life & health insurance, and general coverage services	$307M	Education Growth Partners, India Capital Growth ... & 4 others	78/100
3rd	RAC 1897, Walsall (United Kingdom), Acquired	Provider of breakdown coverage, car insurance, repair, and route planning	$20.4M	Silver Lake, Rothschild & Co & 2 others	76/100
4th	HUB International 1998, Chicago (United States), Acquired	Provider of investment advisory, insurance distribution, and risk management services	$1.6B	Leonard Green and Partners, T. Rowe Price ... & 11 others	75/100
5th	DuPont 1802, Wilmington (United States), Acquired	Developer of chemical products, construction & packaging materials, and water solutions	-	Trian Partners, ngn-capital.com & 7 others	75/100
6th	Bajaj Finserv 2007, Pune (India), Public	Financial services conglomerate offers a range of financial solutions	-	Nepean Capital, WestBridge Capital & 4 others	74/100
7th	Aditya Birla Capital 2007, Mumbai (India), Public	Provider of loans, investments, insurance, UPI, and bill payment services	-	IFC, ADIA & 9 others	73/100
8th	Uno Minda 1958, Gurugram (India), Public	Manufacturer of automotive components and systems for original equipment manufacturers	$260M	Motilal Oswal Private Equity, Kotak Mahindra Bank ... & 7 others	73/100
9th	Aviva 1696, London (United Kingdom), Public	Provider of insurance, wealth, and retirement solutions for individuals	-	Cevian Capital, Allianz & 5 others	72/100
10th	Allianz 1890, Munich (Germany), Public	Financial services company specializing in insurance and asset management	-	Yixing Capital, Aviva & 1 others	72/100
307th	Naxnova 1987, India, Unfunded	Manufacturer of printed electronics and advanced sensing technologies for diverse industries	-	-	48/100