Novem Solutions Private Limited

Engineering design and services for various industries including automotive, medical, and consumer electronics.

2009 | Bellary, Karnataka (India) | Active
Last Updated: December 30, 2024

Novem Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth -46.78%
  • Profit Growth -384.37%
  • Ebitda -260.29%
  • Net Worth -493.02%
  • Total Assets -10.35%

About Novem Solutions

Novem Solutions Private Limited (NSPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 March 2009 and has a history of 15 years and 11 months. Its registered office is in Bellary, Karnataka, India.

The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Srinivasa Yalamanchili and Barki Prasad serve as directors at the Company.

Company Details

  • Location

    Bellary, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    novemsol.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201KA2009PTC049293

  • Company No.

    049293

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Mar 2009

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Engineering

What products or services does Novem Solutions Private Limited offer?

Novem Solutions Private Limited offers a wide range of products and services, including Product Engineering and Prototyping, Product Prototyping Services, Product Designing, HR & Manpower Recruitment Solutions, IT Recruitment Consultancy, Architectural & Civil Engineering, Civil Engineering Service, IT, Networking & Automation Solution, IT Solutions.

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

Executive Team (1)

Name Designation Appointment Date Status
Srinivasa Yalamanchili Country flag representing In Managing Director 05-Mar-2009 Current

Board Members (1)

Name Designation Appointment Date Status
Barki Prasad Country flag representing In Director 01-Jul-2009 Current

Financial Performance of Novem Solutions.

Novem Solutions Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 46.78% decrease. The company also saw a substantial fall in profitability, with a 384.37% decrease in profit. The company's net worth observed a substantial decline by a decrease of 493.02%.

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
-46.78%
Revenue from Operations
-47.08%
Total Assets
-10.35%
Profit or Loss
-384.37%
Net Worth
-493.02%
EBITDA
-260.29%

What is the Ownership and Shareholding Structure of Novem Solutions?

In 2017, Novem Solutions had a promoter holding of 99.90% and a public holding of 0.10%. 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 Novem Solutions?

Unlock and access historical data on people associated with Novem 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 Novem 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 Novem Solutions'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 Novem Solutions

Recent activity within the organization

  • Annual General Meeting

    Novem Solutions Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Novem Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.

    31 Mar 2020

  • Director Appointment

    Barki Ambanna Raghunath Prasad was appointed as a Director was appointed as a Director on 01 Jul 2009 & has been associated with this company since 15 years 7 months .

    01 Jul 2009

  • Director Appointment

    Srinivasa Rao Yalamanchili was appointed as a Managing Director was appointed as a Managing Director on 05 Mar 2009 & has been associated with this company since 15 years 11 months .

    05 Mar 2009

  • Company Incorporation

    Novem Solutions Private Limited was registered on 05 Mar 2009 with Roc Bangalore & aged 15 years 11 months as per MCA records.

    05 Mar 2009

Frequently asked questions

  • Novem Solutions Private Limited was incorporated on 05 Mar 2009.

  • The authorized share capital of Novem Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Novem Solutions Private Limited.

    • Srinivasa Rao Yalamanchili
    • Barki Ambanna Raghunath Prasad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novem Solutions Private Limited is No V/45 Station Road India, Hospet, Karnataka, 583201.

  • The corporate identification number (CIN) of Novem Solutions Private Limited is U45201KA2009PTC049293 and the company number is 049293 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Novem Solutions Private Limited is https://www.novemsol.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Novem Solutions Private Limited has fallen by -46.78%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Novem Solutions Private Limited has experienced an downturn of -493.02%.

  • The most recent Balance Sheet for Novem Solutions Private Limited was filed with the ROC on 31 Mar 2020.

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