Novitates Technology Solutions Private Limited

Provides software services with registered office in Telangana.

2018 | Hyderabad, Telangana (India) | Active
Last Updated: February 07, 2025

Novitates Technology Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.75 M
  • Company Age 6 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Revenue Growth 127.58%
  • Profit Growth 289.75%
  • Ebitda 103.97%
  • Net Worth 240.04%
  • Total Assets 144.99%

About Novitates Technology Solutions

Novitates Technology Solutions Private Limited (NTSPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 April 2018 (Six years and ten months 23 days old ). Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Afzaa Technologies Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.75 M.

The company currently has active open charges totaling ₹5.00 M.

Krishna Mohan, Geeta, and Saneethreddy Sarsani serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    novitatestech.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2018PTC123555

  • Company No.

    123555

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Apr 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Novitates Technology Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Saneethreddy Sarsani Country flag representing In Director 03-Feb-2022Current
Krishna Mohan Country flag representing In Director 04-Apr-2018Current
Geeta Country flag representing In Director 28-Jul-2020Current

Financial Performance of Novitates Technology Solutions.

Novitates Technology Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 127.58% increase. The company also saw a substantial improvement in profitability, with a 289.75% increase in profit. The company's net worth Soared by an impressive increase of 240.04%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
127.58%
Revenue from Operations
127.26%
Total Assets
144.99%
Profit or Loss
289.75%
Net Worth
240.04%
EBITDA
103.97%

What is the Ownership and Shareholding Structure of Novitates Technology Solutions?

In 2023, Novitates Technology Solutions had a public holding of 13.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
07 May 2024Hdfc Bank Limited₹5.00 MOpen

How Many Employees Work at Novitates Technology Solutions?

Novitates Technology Solutions has a workforce of 20 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Novitates Technology Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Novitates Technology Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Novitates Technology Solutions

Recent activity within the organization

  • Annual General Meeting

    Novitates Technology Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 M with Charge ID 100924631 was registered on 07 May 2024.

    07 May 2024

  • Balance Sheet

    Novitates Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Saneethreddy Sarsani was appointed as a Director was appointed as a Director on 03 Feb 2022 & has been associated with this company since 3 years 22 days .

    03 Feb 2022

  • Director Appointment

    Geeta was appointed as a Director was appointed as a Director on 28 Jul 2020 & has been associated with this company since 4 years 6 months .

    28 Jul 2020

  • Director Appointment

    Krishna Kandarpa Mohan was appointed as a Director was appointed as a Director on 04 Apr 2018 & has been associated with this company since 6 years 10 months .

    04 Apr 2018

Frequently asked questions

  • Novitates Technology Solutions Private Limited was incorporated on 04 Apr 2018.

  • The authorized share capital of Novitates Technology Solutions Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.75 M.

  • Currently 3 directors are associated with Novitates Technology Solutions Private Limited.

    • Krishna Kandarpa Mohan
    • Geeta
    • Saneethreddy Sarsani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novitates Technology Solutions Private Limited is Huda Techno Enclave Plot No.C3 Sector-Ii Cyber Crown Hitech City Main Road Madhapur, India, Hyderabad, Telangana, 500081.

  • The corporate identification number (CIN) of Novitates Technology Solutions Private Limited is U72200TG2018PTC123555 and the company number is 123555 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Novitates Technology Solutions Private Limited is https://www.novitatestech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Novitates Technology Solutions Private Limited has risen by 127.58%.

  • As Per 2023 financial reports, 20 employees are currently employed by Novitates Technology Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Novitates Technology Solutions Private Limited has experienced an upsurge of 240.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Novitates Technology Solutions Private Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Novitates Technology Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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