Nowfloats Technologies Limited

Develops software apps for businesses, founded in 2012, based in Telangana.

2012 | Hyderabad, Telangana (India) | Active
Last Updated: December 24, 2024

Nowfloats Technologies Profile

Key Indicators

  • Authorised Capital ₹ 4.75 M
  • Paid Up Capital ₹ 2.05 M
  • Company Age 12 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 10.75 Cr
  • Revenue Growth 98.64%
  • Profit Growth 153.65%
  • Ebitda 143.17%
  • Net Worth 104.75%
  • Total Assets 121.95%

About Nowfloats Technologies

Nowfloats Technologies Limited (NTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 May 2012 and has a history of 12 years and nine months. Its registered office is in Hyderabad, Telangana, 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 2024. It's a company limited by shares with an authorized capital of Rs 4.75 M and a paid-up capital of Rs 2.05 M.

The company has closed loans amounting to ₹10.75 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ravichandran Nageswaran, Ronak Samantray, Balasubrmanian Chandrasekaran, and Four other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nowfloats.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2012PLC080822

  • Company No.

    080822

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 May 2012

  • Date of AGM

    26 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Nowfloats Technologies Limited offer?

Nowfloats Technologies Limited offers a wide range of products and services, including SEO Consultation Service, SEO Solution, Search Engine Marketing.

Who are the key members and board of directors at Nowfloats Technologies?

Board Members (7)

NameDesignationAppointment DateStatus
Ronak Samantray Country flag representing In Director 09-May-2012Current
Ravi Karia Country flag representing In Director 16-Oct-2021Current
Nitin Jain Country flag representing In Whole-Time Director 20-Apr-2020Current
Anish Shah Country flag representing In Director 12-Jan-2024Current
Ravichandran Nageswaran Country flag representing In Director 30-Jun-2023Current
Balasubrmanian Chandrasekaran Country flag representing In Director 30-Jun-2023Current

Financial Performance of Nowfloats Technologies.

Nowfloats Technologies Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 98.64% increase. The company also saw a substantial improvement in profitability, with a 153.65% increase in profit. The company's net worth Soared by an impressive increase of 104.75%.

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
98.64%
Revenue from Operations
151.22%
Total Assets
121.95%
Profit or Loss
153.65%
Net Worth
104.75%
EBITDA
143.17%

What is the Ownership and Shareholding Structure of Nowfloats Technologies?

In 2023, Nowfloats Technologies had a promoter holding of 88.33% and a public holding of 11.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹107.50 M

Charges Breakdown by Lending Institutions

  • Others : 10.00 Cr
  • Hdfc Bank Limited : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
05 Feb 2018Others₹10.00 CrSatisfied
30 Jan 2017Hdfc Bank Limited₹7.50 MSatisfied

How Many Employees Work at Nowfloats Technologies?

Unlock and access historical data on people associated with Nowfloats Technologies, 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 Nowfloats Technologies, 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 Nowfloats Technologies'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 Nowfloats Technologies

Recent activity within the organization

  • Annual General Meeting

    Nowfloats Technologies Limited last Annual general meeting of members was held on 26 Aug 2024 as per latest MCA records.

    26 Aug 2024

  • Balance Sheet

    Nowfloats Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Anish Keshavlal Shah was appointed as a Director was appointed as a Director on 12 Jan 2024 & has been associated with this company since 1 year 1 month .

    12 Jan 2024

  • Director Appointment

    Ravichandran Nageswaran was appointed as a Director was appointed as a Director on 30 Jun 2023 & has been associated with this company since 1 year 7 months .

    30 Jun 2023

  • Director Appointment

    Balasubrmanian Chandrasekaran was appointed as a Director was appointed as a Director on 30 Jun 2023 & has been associated with this company since 1 year 7 months .

    30 Jun 2023

  • Director Appointment

    Ravi Navinchandra Karia was appointed as a Director was appointed as a Director on 16 Oct 2021 & has been associated with this company since 3 years 4 months .

    16 Oct 2021

Frequently asked questions

  • Nowfloats Technologies Limited was incorporated on 09 May 2012.

  • The authorized share capital of Nowfloats Technologies Limited is ₹ 4.75 M and paid-up capital is ₹ 2.05 M.

  • Currently 7 directors are associated with Nowfloats Technologies Limited.

    • Ravichandran Nageswaran
    • Ronak Kumar Samantray
    • Balasubrmanian Chandrasekaran
    • Anish Keshavlal Shah
    • Ravi Navinchandra Karia
    • Kshitij Marwah
    • Nitin Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nowfloats Technologies Limited is Vamsirams Jubilee Casa Plot No. 1246 Road 62, India, Shaikpet, Telangana, 500033.

  • The corporate identification number (CIN) of Nowfloats Technologies Limited is U72200TG2012PLC080822 and the company number is 080822 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nowfloats Technologies Limited is https://www.nowfloats.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Nowfloats Technologies Limited has risen by 98.64%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Nowfloats Technologies Limited has experienced an upsurge of 104.75%.

  • The most recent Balance Sheet for Nowfloats Technologies Limited was filed with the ROC on 31 Mar 2024.

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