Novus Green Energy Systems Limited

Provides engineering services for solar power projects, including design, installation, and performance monitoring.

2009 | Hyderabad, Telangana (India) | Active
Last Updated: December 28, 2024

Novus Green Energy Systems Profile

Key Indicators

  • Authorised Capital ₹ 10.50 Cr
  • Paid Up Capital ₹ 7.19 Cr
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 167.58 Cr
  • Satisfied Charges ₹ 19.04 Cr
  • Revenue Growth 38.83%
  • Profit Growth 69.48%
  • Ebitda 22.21%
  • Net Worth 5.14%
  • Total Assets 28.60%

About Novus Green Energy Systems

Novus Green Energy Systems Limited (NGESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 July 2009 and has a history of 15 years and seven months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Novus Green Energy Systems Private Limited. The Company is engaged in the Energy And Power 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 10.50 Cr and a paid-up capital of Rs 7.19 Cr.

The company currently has active open charges totaling ₹167.58 Cr. The company has closed loans amounting to ₹19.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkata Ravindra, Sai Vaddula, Harsha Chiruvella, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    novusgreen.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40300TG2009PLC064410

  • Company No.

    064410

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Energy and Power

What products or services does Novus Green Energy Systems Limited offer?

Novus Green Energy Systems Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Junction Boxes, Solar Inverter, Solar Power Conditioning Units, Distribution Box, Solar DCDB, MS Junction Box.

Who are the key members and board of directors at Novus Green Energy Systems?

Executive Team (1)

NameDesignationAppointment DateStatus
Anshuman Yenigalla Country flag representing In Managing Director17-Jul-2009Current

Board Members (3)

NameDesignationAppointment DateStatus
Venkata Ravindra Country flag representing In Whole-Time Director 17-Jul-2009Current
Sai Vaddula Country flag representing In Director 30-Mar-2023Current
Harsha Chiruvella Country flag representing In Director 30-Mar-2023Current

Financial Performance of Novus Green Energy Systems.

Novus Green Energy Systems Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 38.83% increase. The company also saw a substantial improvement in profitability, with a 69.48% increase in profit. The company's net worth moved up by a moderate rise of 5.14%.

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
38.83%
Revenue from Operations
38.88%
Total Assets
28.60%
Profit or Loss
69.48%
Net Worth
5.14%
EBITDA
22.21%

What is the Ownership and Shareholding Structure of Novus Green Energy Systems?

In 2023, Novus Green Energy Systems had a promoter holding of 87.80% and a public holding of 12.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹167.58 Cr

Satisfied Charges

₹19.04 Cr

Charges Breakdown by Lending Institutions

  • Others : 167.58 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2021Others₹6.81 CrOpen
17 Jul 2021Others₹13.62 CrOpen
27 Mar 2021Others₹36.00 CrOpen
06 Jul 2020Others₹1.00 CrOpen
17 Nov 2015Others₹110.15 CrOpen

How Many Employees Work at Novus Green Energy Systems?

Unlock and access historical data on people associated with Novus Green Energy Systems, 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 Novus Green Energy Systems, 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 Novus Green Energy Systems'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 Novus Green Energy Systems

Recent activity within the organization

  • Annual General Meeting

    Novus Green Energy Systems Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Novus Green Energy Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Sai Saravana Vaddula was appointed as a Director was appointed as a Director on 30 Mar 2023 & has been associated with this company since 1 year 10 months .

    30 Mar 2023

  • Director Appointment

    Harsha Vardhan Chiruvella was appointed as a Director was appointed as a Director on 30 Mar 2023 & has been associated with this company since 1 year 10 months .

    30 Mar 2023

  • Charges

    A charge registered on 30 Jul 2021 via Charge ID 100464961 with Others was fully satisfied on 11 Apr 2022.

    11 Apr 2022

  • Charges

    A charge with Others of Rs. 36.00 Cr registered on 27 Mar 2021 with Charge ID 100428687 was modified on 24 Jan 2022.

    24 Jan 2022

Frequently asked questions

  • Novus Green Energy Systems Limited was incorporated on 17 Jul 2009.

  • The authorized share capital of Novus Green Energy Systems Limited is ₹ 10.50 Cr and paid-up capital is ₹ 7.19 Cr.

  • Currently 4 directors are associated with Novus Green Energy Systems Limited.

    • Venkata Yenigalla Ravindra
    • Sai Saravana Vaddula
    • Harsha Vardhan Chiruvella
    • Anshuman Yenigalla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novus Green Energy Systems Limited is Suitel1 2Nd Floor Siddhi 100 P T Colony, Tirumalagherry India, Secunderabad, Telangana, 500015.

  • The corporate identification number (CIN) of Novus Green Energy Systems Limited is U40300TG2009PLC064410 and the company number is 064410 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Novus Green Energy Systems Limited is https://www.novusgreen.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Novus Green Energy Systems Limited has risen by 38.83%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Novus Green Energy Systems Limited has experienced an upsurge of 5.14%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Novus Green Energy Systems Limited amount to ₹ 167.58 Cr.

  • The most recent Balance Sheet for Novus Green Energy Systems Limited was filed with the ROC on 31 Mar 2023.

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