Novatech Software Private Limited logo

Novatech Software Private Limited

Software development company providing modular programming, code reviews, and testing services since 1999.
1999 | Nagpur, Maharashtra (India) | Active

Last Updated:

October 24, 2024
HomeCompanyNovatech Software Private Limited

Who are the key members and board of directors at Novatech Software?

Board Members(4)

NameDesignationAppointment DateStatus
Neel Potnis In Director 30-Sep-2001Current
Ashutosh Potnis In Director 20-Jul-1999Current
Vaidehi Padhye Us Director 20-Jul-1999Current
Sefali Padhye In Director 07-May-2019Current

Financial Performance of Novatech Software.

Novatech Software Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.24% increase. The company also saw a substantial improvement in profitability, with a 23.03% increase in profit. The company's net worth Soared by an impressive increase of 14.8%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
27.24%
Revenue from Operations
26.20%
Total Assets
13.33%
Profit or Loss
23.03%
Net Worth
14.80%
EBITDA
10.31%

Charges (Loans)

Satisfied Charges

₹2.10 Cr

LenderAmountStatus

Yes Bank Limited

Creation Date: 25 Jan 2018
₹2.10 CrSatisfied

How Many Employees Work at Novatech Software?

Novatech Software has a workforce of 55 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.

Employee Graph

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Rating

Alerts

Latest Updates, News, and FAQs on Novatech Software

Recent activity within the organization

  • Charges

    A charge registered on 25 Jan 2018 via Charge ID 100189348 with Yes Bank Limited was fully satisfied on 27 Aug 2024.

    27 Aug 2024

  • Annual General Meeting

    Novatech Software Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Novatech Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Sefali Suresh Padhye was appointed as a Director was appointed as a Director on 07 May 2019 & has been associated with this company since 5 years 8 months .

    07 May 2019

  • Charges

    A charge with Yes Bank Limited of Rs. 2.10 Cr registered on 25 Jan 2018 with Charge ID 100189348 was modified on 02 Feb 2018.

    02 Feb 2018

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 2.10 Cr with Charge ID 100189348 was registered on 25 Jan 2018.

    25 Jan 2018

Frequently asked questions

  • Novatech Software Private Limited was incorporated on 20 Jul 1999.

  • The authorized share capital of Novatech Software Private Limited is ₹ 1.15 Cr and paid-up capital is ₹ 0.91 M.

  • Currently 4 directors are associated with Novatech Software Private Limited.

    • Neel Prabha Potnis
    • Ashutosh Vinayak Potnis
    • Vaidehi Suresh Padhye
    • Sefali Suresh Padhye
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novatech Software Private Limited is Unit No 103 It Tower Opposite Vnit, Parsodi India, Nagpur, Maharashtra, 440022.

  • The corporate identification number (CIN) of Novatech Software Private Limited is U72900MH1999PTC120882 and the company number is 120882 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Novatech Software Private Limited is https://www.novatechsoftware.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Novatech Software Private Limited has risen by 27.24%.

  • As Per 2023 financial reports, 55 employees are currently employed by Novatech Software Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Novatech Software Private Limited has experienced an upsurge of 14.80%.

  • The most recent Balance Sheet for Novatech Software Private Limited was filed with the ROC on 31 Mar 2023.

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