Novergy Energy Solutions Private Limited

Provides solar solutions for power plants, rooftops, hybrid systems, and more.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated:

Novergy Energy Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.27 Cr
  • Satisfied Charges ₹ 7.30 M
  • Revenue Growth 4.88%
  • Profit Growth -47.63%
  • Ebitda 12.36%
  • Net Worth 10.69%
  • Total Assets 38.60%

About Novergy Energy Solutions

Novergy Energy Solutions Private Limited (NESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 February 2007 and has a history of 18 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Environment 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹16.27 Cr. The company has closed loans amounting to ₹7.30 M, as per Ministry of Corporate Affairs (MCA) records.

Anand Damani, Bitthal Damani, and Nirmala Damani serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140KA2007PTC041915

  • Company No.

    041915

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Environment

What products or services does Novergy Energy Solutions Private Limited offer?

Novergy Energy Solutions Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Charge Controller, Road Barriers & Safety, Solar Traffic Light, Solar Power Plants.

Company report

Novergy Energy Solutions Private Limited

Explore comprehensive data for Novergy Energy Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Anand Damani Country flag representing In Managing Director27-Feb-2007Current

Board Members (2)

NameDesignationAppointment DateStatus
Bitthal Damani Country flag representing In Director 27-Feb-2007Current
Nirmala Damani Country flag representing In Director 27-Feb-2007Current

Financial Performance of Novergy Energy Solutions.

Novergy Energy Solutions Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 4.88% increase. The company also saw a substantial fall in profitability, with a 47.63% decrease in profit. The company's net worth Soared by an impressive increase of 10.69%.

Novergy Energy Solutions revenue growth over time
Novergy Energy Solutions 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
4.88%
Revenue from Operations
5.09%
Total Assets
38.60%
Profit or Loss
-47.63%
Net Worth
10.69%
EBITDA
12.36%

What is the Ownership and Shareholding Structure of Novergy Energy Solutions?

Unlock access to Novergy Energy Solutions'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

₹16.27 Cr

Satisfied Charges

₹0.73 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.07 Cr
  • Tata Cleantech Capital Limited : 6.20 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jun 2023Tata Cleantech Capital Limited₹6.20 CrOpen
22 Jan 2022Others₹5.40 MOpen
28 Aug 2020Others₹2.30 MOpen
17 Aug 2012Others₹9.30 CrOpen
16 Jun 2011State Bank Of Bikaner And Jaipur₹3.50 MSatisfied

How Many Employees Work at Novergy Energy Solutions?

Novergy Energy Solutions has a workforce of 35 employees as of Apr 09, 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 Novergy Energy Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Novergy Energy 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 Novergy Energy 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 Novergy Energy Solutions

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Novergy Energy Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Tata Cleantech Capital Limited of Rs. 6.20 Cr registered on 06 Jun 2023 with Charge ID 100732231 was modified on 09 Nov 2023.

  • Charges

    A charge with Tata Cleantech Capital Limited amounted to Rs. 6.20 Cr with Charge ID 100732231 was registered on 06 Jun 2023.

  • Charges

    A charge with Others of Rs. 9.30 Cr registered on 17 Aug 2012 with Charge ID 10375209 was modified on 17 May 2023.

  • Charges

    A charge with Others amounted to Rs. 0.54 Cr with Charge ID 100530631 was registered on 22 Jan 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Novergy Energy Solutions Private Limited?

    Novergy Energy Solutions Private Limited was incorporated on 27 Feb 2007.

  • What is authorized share capital and paid-up capital of Novergy Energy Solutions Private Limited?

    The authorized share capital of Novergy Energy Solutions Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Novergy Energy Solutions Private Limited?

    Currently 3 directors are associated with Novergy Energy Solutions Private Limited.

    • Anand Damani
    • Bitthal Dass Damani
    • Nirmala Damani
  • What is the registered address of Novergy Energy Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Novergy Energy Solutions Private Limited is 22 1St Floor Jin Dharshan Apartment Nehru Circle No.33/9, Railway Parallel Road India, Bangalore North, Karnataka, 560020.

  • What is the corporate identification number (CIN) and company number of Novergy Energy Solutions Private Limited?

    The corporate identification number (CIN) of Novergy Energy Solutions Private Limited is U74140KA2007PTC041915 and the company number is 041915 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Novergy Energy Solutions Private Limited?

    The Official website of Novergy Energy Solutions Private Limited is https://www.novergysolar.com

  • What has been the recent revenue trend for Novergy Energy Solutions Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Novergy Energy Solutions Private Limited has risen by 4.88%.

  • How many employees does Novergy Energy Solutions Private Limited currently have?

    As Per 2024 financial reports, 35 employees are currently employed by Novergy Energy Solutions Private Limited.

  • What change has been observed in the net worth of Novergy Energy Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Novergy Energy Solutions Private Limited has experienced an upsurge of 10.69%.

  • What are the total open charges for Novergy Energy Solutions Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Novergy Energy Solutions Private Limited amount to ₹ 16.27 Cr.

  • When was the last Balance Sheet of Novergy Energy Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Novergy Energy Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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