Novel It Solutions Private Limited

Founded in 2010 headquartered in Chandigarh, India.

2010 | Chandigarh (India) | Active
Last Updated: December 05, 2024

Novel It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -4.74%
  • Profit Growth 9.02%
  • Ebitda -10.87%
  • Net Worth 21.58%
  • Total Assets 11.90%

About Novel It Solutions

Novel It Solutions Private Limited (NISPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 April 2010 and has a history of 14 years and nine months. Its registered office is in Chandigarh, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Richa Sagar and Jaswinder Sagar serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900CH2010PTC032155

  • Company No.

    032155

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Information Technology

What products or services does Novel It Solutions Private Limited offer?

Novel It Solutions Private Limited offers a wide range of products and services, including Web Development & Marketing Services, Website Designing, Software Development & IT Consultant, Software Development Services.

Who are the key members and board of directors at Novel It Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Jaswinder Sagar Country flag representing In Director 16-Nov-2015Current
Richa Sagar Country flag representing In Director 13-Apr-2010Current

Financial Performance of Novel It Solutions.

Novel It Solutions Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 4.74% decrease. The company also saw a slight improvement in profitability, with a 9.02% increase in profit. The company's net worth Soared by an impressive increase of 21.58%.

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
-4.74%
Revenue from Operations
-4.74%
Total Assets
11.90%
Profit or Loss
9.02%
Net Worth
21.58%
EBITDA
-10.87%

What is the Ownership and Shareholding Structure of Novel It Solutions?

In 2017, Novel It 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.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Novel It Solutions?

Unlock and access historical data on people associated with Novel It Solutions, 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 Novel It 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 Novel It Solutions's trajectory.

Rating

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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 Novel It Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Novel It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Jaswinder Singh Sagar was appointed as a Director was appointed as a Director on 16 Nov 2015 & has been associated with this company since 9 years 2 months .

    16 Nov 2015

  • Director Appointment

    Richa Sagar was appointed as a Director was appointed as a Director on 13 Apr 2010 & has been associated with this company since 14 years 9 months .

    13 Apr 2010

  • Company Incorporation

    Novel It Solutions Private Limited was registered on 13 Apr 2010 with Roc Chandigarh & aged 14 years 9 months as per MCA records.

    13 Apr 2010

Frequently asked questions

  • Novel It Solutions Private Limited was incorporated on 13 Apr 2010.

  • The authorized share capital of Novel It Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Novel It Solutions Private Limited.

    • Richa Sagar
    • Jaswinder Singh Sagar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novel It Solutions Private Limited is Sco 1132-33 2Nd Floor Cabin No 21, Sector 22 B India, Chandigarh, 160022.

  • The corporate identification number (CIN) of Novel It Solutions Private Limited is U72900CH2010PTC032155 and the company number is 032155 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Novel It Solutions Private Limited has fallen by -4.74%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Novel It Solutions Private Limited has experienced an upsurge of 21.58%.

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

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