Novatium Solutions Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.18 Cr
- Company Age 20 Year, 3 Months
- Last Filing with ROC 31 Mar 2021
- Satisfied Charges ₹ 11.50 Cr
- Revenue Growth -0.38%
- Profit Growth 32.47%
- Ebitda 26.59%
- Net Worth -98.37%
- Total Assets 6.92%
About Novatium Solutions
Novatium Solutions Private Limited (NSPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 October 2004 and has a history of 20 years and three months. Its registered office is in Kanchipuram, Tamil Nadu, India.
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 2021. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.18 Cr.
The company has closed loans amounting to ₹11.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Ritesh Kant, Vijayakumar Somasundaram, and Rajaneesh Bag serve as directors at the Company.
Company Details
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Location
Kanchipuram, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72200TN2004PTC054447
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Company No.
054447
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
13 Oct 2004
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Date of AGM
30 Nov 2021
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Date of Balance Sheet
31 Mar 2021
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Novatium Solutions Private Limited offer?
Novatium Solutions Private Limited offers a wide range of products and services, including Computer and Mobile Softwares & Apps, School Management Software, Banners, Signs & Nameplates, Electric Signs, Business Planning and Management, Business Consultant, Warehouses and Warehousing Agents, Warehousing Management Services.
Who are the key members and board of directors at Novatium Solutions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijayakumar Somasundaram
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Director | 19-May-2017 | Current |
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Ritesh Kant
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Director | 15-Nov-2017 | Current |
| Rajaneesh Bag | Director | 24-Nov-2022 | Current |
Financial Performance of Novatium Solutions.
Novatium Solutions Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 0.38% decrease. The company also saw a substantial improvement in profitability, with a 32.47% increase in profit. The company's net worth observed a substantial decline by a decrease of 98.37%.
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What is the Ownership and Shareholding Structure of Novatium Solutions?
In 2021, Novatium Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Fangage Labs Private LimitedRitesh Kant is a mutual person
Charges (Loans)
₹0
₹11.50 Cr
Charges Breakdown by Lending Institutions
- Svb India Finance Private Limited : 10.00 Cr
- Indian Overseas Bank : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2010 | Svb India Finance Private Limited | ₹10.00 Cr | Satisfied |
| 26 May 2010 | Indian Overseas Bank | ₹1.50 Cr | Satisfied |
How Many Employees Work at Novatium Solutions?
Novatium Solutions has a workforce of 23 employees as of Mar 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Novatium 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 Novatium Solutions'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.
