

Novanet India Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.65 M
- Company Age 27 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2.10 Cr
- Revenue Growth -99.45%
- Profit Growth -147.28%
- Ebitda -159.29%
- Net Worth -42.79%
- Total Assets -59.05%
About Novanet India
Novanet India Private Limited (NIPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 November 1997 and has a history of 27 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Novanet Technologies Private Limited. The Company is engaged in the Telecom 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 1.00 Cr and a paid-up capital of Rs 1.65 M.
The company has closed loans amounting to ₹2.10 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sunil Pachar and Mangesh Karshinkar serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200MH1997PTC111950
- Company No.
111950
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Nov 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Novanet India?
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Sunil Pachar ![]() | Whole-Time Director | 18-Mar-2011 | Current |
Mangesh Karshinkar ![]() | Director | 21-Apr-2023 | Current |
Financial Performance of Novanet India.
Novanet India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 99.45% decrease. The company also saw a substantial fall in profitability, with a 147.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 42.79%.


- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Novanet India?
In 2021, Novanet India had a promoter holding of 99.94% and a public holding of 0.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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- Novanet Holdings Private Limited
Sunil Pachar and Mangesh Karshinkar are mutual person
- Care 2 Earn Services Private Limited
Sunil Pachar is a mutual person
- Ecolive Ventures Private Limited
Sunil Pachar is a mutual person
Charges (Loans)
₹0
₹2.10 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 2.10 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
31 Jul 2009 | Hdfc Bank Limited | ₹2.10 Cr | Satisfied |
How Many Employees Work at Novanet India?
Unlock and access historical data on people associated with Novanet India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Novanet India, 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 Novanet India's trajectory.
Rating

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

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 Novanet India
Recent activity within the organization
- Annual General Meeting
Novanet India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Novanet India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Mangesh Bablya Karshinkar was appointed as a Director was appointed as a Director on 21 Apr 2023 & has been associated with this company since 2 years 29 days .
- Charges
A charge registered on 31 Jul 2009 via Charge ID 10173038 with Hdfc Bank Limited was fully satisfied on 11 May 2016.
- Director Appointment
Sunil Kumar Pachar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 18 Mar 2011 & has been associated with this company since 14 years 2 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.10 Cr with Charge ID 10173038 was registered on 31 Jul 2009.
Frequently asked questions
What is the Incorporation or founding date of Novanet India Private Limited?
Novanet India Private Limited was incorporated on 18 Nov 1997.
What is authorized share capital and paid-up capital of Novanet India Private Limited?
The authorized share capital of Novanet India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.65 M.
Who are the current board members & directors of Novanet India Private Limited?
Currently 2 directors are associated with Novanet India Private Limited.
- Sunil Kumar Pachar
- Mangesh Bablya Karshinkar
What is the registered address of Novanet India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Novanet India Private Limited is El Tara Building No 10 Office 302 Third Floor Hiranandani Gardens, Powai India, Mumbai, Maharashtra, 400076.
What is the corporate identification number (CIN) and company number of Novanet India Private Limited?
The corporate identification number (CIN) of Novanet India Private Limited is U72200MH1997PTC111950 and the company number is 111950 as per Ministry of Corporate Affairs (MCA).
What is the official website of Novanet India Private Limited?
The Official website of Novanet India Private Limited is https://www.novanet.net
What has been the recent revenue trend for Novanet India Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Novanet India Private Limited has fallen by -99.45%.
What change has been observed in the net worth of Novanet India Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Novanet India Private Limited has experienced an downturn of -42.79%.
When was the last Balance Sheet of Novanet India Private Limited filed with the ROC?
The most recent Balance Sheet for Novanet India Private Limited was filed with the ROC on 31 Mar 2024.
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