Novel Veritas Private Limited

Provides SAP software and services for various industries in India.

2020 | Udaipur, Rajasthan (India) | Active
Last Updated:

Novel Veritas Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.80 M
  • Company Age 4 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.17 Cr
  • Satisfied Charges ₹ 2.35 Cr
  • Revenue Growth 35.80%
  • Profit Growth 26.92%
  • Ebitda 103.63%
  • Net Worth 97.41%
  • Total Assets 113.65%

About Novel Veritas

Novel Veritas Private Limited (NVPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 12 October 2020 (Four years and four months 25 days old ). Its registered office is in Udaipur, Rajasthan, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.80 M.

The company currently has active open charges totaling ₹5.17 Cr. The company has closed loans amounting to ₹2.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narendar Ranawat and Nand Ranawat serve as directors at the Company.

Company Details

  • Location

    Udaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900RJ2020PTC071462

  • Company No.

    071462

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Oct 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Information Technology

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

Board Members (2)

NameDesignationAppointment DateStatus
Narendar Ranawat Country flag representing In Director 09-Nov-2021Current
Nand Ranawat Country flag representing In Director 12-Oct-2020Current

Financial Performance of Novel Veritas.

Novel Veritas Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.8% increase. The company also saw a substantial improvement in profitability, with a 26.92% increase in profit. The company's net worth Soared by an impressive increase of 97.41%.

Novel Veritas revenue growth over time
Novel Veritas 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
35.80%
Revenue from Operations
35.50%
Total Assets
113.65%
Profit or Loss
26.92%
Net Worth
97.41%
EBITDA
103.63%

What is the Ownership and Shareholding Structure of Novel Veritas?

Unlock access to Novel Veritas's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹51.65 M

Satisfied Charges

₹23.50 M

Charges Breakdown by Lending Institutions

  • Others : 5.17 Cr

Latest Charge Details

DateLenderAmountStatus
07 Feb 2024Others₹1.21 MOpen
18 Aug 2023Others₹0.94 MOpen
21 Nov 2022Others₹4.95 CrOpen
24 Jun 2022Others₹2.35 CrSatisfied

How Many Employees Work at Novel Veritas?

Novel Veritas has a workforce of 211 employees as of Mar 30, 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 growth trends for Novel Veritas Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Novel Veritas, 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 Veritas'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 Novel Veritas

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 49.50 M registered on 21 Nov 2022 with Charge ID 100658054 was modified on 29 Jun 2024.

  • Charges

    A charge with Others amounted to Rs. 1.21 M with Charge ID 100895189 was registered on 07 Feb 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 0.94 M with Charge ID 100779335 was registered on 18 Aug 2023.

  • Balance Sheet

    Novel Veritas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

  • Charges

    A charge registered on 24 Jun 2022 via Charge ID 100584636 with Others was fully satisfied on 01 Dec 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Novel Veritas Private Limited?

    Novel Veritas Private Limited was incorporated on 12 Oct 2020.

  • What is authorized share capital and paid-up capital of Novel Veritas Private Limited?

    The authorized share capital of Novel Veritas Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.80 M.

  • Who are the current board members & directors of Novel Veritas Private Limited?

    Currently 2 directors are associated with Novel Veritas Private Limited.

    • Narendar Sing Ranawat
    • Nand Ranawat

  • What is the registered address of Novel Veritas Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Novel Veritas Private Limited is Plot No-112, Mahapragya Vihar Nr Celebration Mall India, Udaipur, Rajasthan, 313001.

  • What is the corporate identification number (CIN) and company number of Novel Veritas Private Limited?

    The corporate identification number (CIN) of Novel Veritas Private Limited is U72900RJ2020PTC071462 and the company number is 071462 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Novel Veritas Private Limited?

    The Official website of Novel Veritas Private Limited is https://www.novelveritas.com

  • What has been the recent revenue trend for Novel Veritas Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Novel Veritas Private Limited has risen by 35.80%.

  • How many employees does Novel Veritas Private Limited currently have?

    As Per 2023 financial reports, 211 employees are currently employed by Novel Veritas Private Limited.

  • What change has been observed in the net worth of Novel Veritas Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Novel Veritas Private Limited has experienced an upsurge of 97.41%.

  • What are the total open charges for Novel Veritas Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Novel Veritas Private Limited amount to ₹ 5.17 Cr.

  • When was the last Balance Sheet of Novel Veritas Private Limited filed with the ROC?

    The most recent Balance Sheet for Novel Veritas Private Limited was filed with the ROC on 31 Mar 2023.

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