Novergy Energy Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 17 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 16.27 Cr
- Satisfied Charges ₹ 7.30 M
- Revenue Growth 105.44%
- Profit Growth 29.89%
- Ebitda 11.44%
- Net Worth 19.03%
- Total Assets 22.49%
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 17 years and 11 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, Nirmala Damani, and Bitthal Damani serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74140KA2007PTC041915
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Company No.
041915
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
27 Feb 2007
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
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.
Who are the key members and board of directors at Novergy Energy Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anand Damani
|
Managing Director | 27-Feb-2007 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Nirmala Damani
|
Director | 27-Feb-2007 | Current |
|
Bitthal Damani
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Director | 27-Feb-2007 | Current |
Financial Performance of Novergy Energy Solutions.
Novergy Energy Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 105.44% increase. The company also saw a substantial improvement in profitability, with a 29.89% increase in profit. The company's net worth Soared by an impressive increase of 19.03%.
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What is the Ownership and Shareholding Structure of Novergy Energy Solutions?
In 2022, Novergy Energy 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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Girirajji Solar Private LimitedAnand Damani and Bitthal Damani are mutual person
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Gj Solar Power Private Limited
Anand Damani and Bitthal Damani are mutual person
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Gg Mh Solar Private Limited
Anand Damani and Bitthal Damani are mutual person
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Girirajji Green Power Private Limited
Anand Damani, Nirmala Damani and 1 more are mutual person
Charges (Loans)
₹16.27 Cr
₹0.73 Cr
Charges Breakdown by Lending Institutions
- Others : 10.07 Cr
- Tata Cleantech Capital Limited : 6.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 2023 | Tata Cleantech Capital Limited | ₹6.20 Cr | Open |
| 22 Jan 2022 | Others | ₹5.40 M | Open |
| 28 Aug 2020 | Others | ₹2.30 M | Open |
| 17 Aug 2012 | Others | ₹9.30 Cr | Open |
| 16 Jun 2011 | State Bank Of Bikaner And Jaipur | ₹3.50 M | Satisfied |
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.
Deals i
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
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.