Novanet India Private Limited

Develops and provides software and consultancy services for computer-related activities.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: December 27, 2024

Novanet India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.65 M
  • Company Age 27 Year, 2 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 two 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

Telecom

Who are the key members and board of directors at Novanet India?

Board Members (2)

NameDesignationAppointment DateStatus
Sunil Pachar Country flag representing In Whole-Time Director 18-Mar-2011Current
Mangesh Karshinkar Country flag representing In Director 21-Apr-2023Current

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%.

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
-99.45%
Revenue from Operations
Total Assets
-59.05%
Profit or Loss
-147.28%
Net Worth
-42.79%
EBITDA
-159.29%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2.10 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.10 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jul 2009Hdfc Bank Limited₹2.10 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • Balance Sheet

    Novanet India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • 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 1 year 9 months .

    21 Apr 2023

  • Charges

    A charge registered on 31 Jul 2009 via Charge ID 10173038 with Hdfc Bank Limited was fully satisfied on 11 May 2016.

    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 13 years 10 months .

    18 Mar 2011

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.10 Cr with Charge ID 10173038 was registered on 31 Jul 2009.

    31 Jul 2009

Frequently asked questions

  • Novanet India Private Limited was incorporated on 18 Nov 1997.

  • The authorized share capital of Novanet India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.65 M.

  • Currently 2 directors are associated with Novanet India Private Limited.

    • Sunil Kumar Pachar
    • Mangesh Bablya Karshinkar
  • 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.

  • 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).

  • The Official website of Novanet India Private Limited is https://www.novanet.net

  • According to the financial reports for the fiscal year 2021, the revenue trend for Novanet India Private Limited has fallen by -99.45%.

  • 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%.

  • The most recent Balance Sheet for Novanet India Private Limited was filed with the ROC on 31 Mar 2024.

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