About Novastrid IT Ventures Private Limited
Data last updated:
Novastrid IT Ventures Private Limited is a private limited company based in Kanchipuram, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2019PTC129785. Its GSTIN is 33AAGCN5615F1ZP (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Elizabeth Rani and Rajmohan Govindaswamy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kanchipuram, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.1 Cr, a growth of 83% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 9.5%) and EBITDA of ₹1.61 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 63% over five years.
The company has about 113 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website novastrid.com.
Company details
Contact details
Novastrid IT Ventures Private Limited's registered office is in Kanchipuram, Tamil Nadu. Its website is novastrid.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTo Digital Accelerator Old No.147 New No.16, Rajiv Gandhi Salai Karapakkam Chennai, Kanchipuram, Tamil Nadu, India – 600097
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Novastrid IT Ventures Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Novastrid IT Ventures is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Novastrid IT Ventures Private Limited, buy the company report.
Financials of Novastrid IT Ventures Private Limited
FY 2024 filings availableNovastrid IT Ventures Private Limited reported revenue of ₹11.1 Cr (up 83% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 83% growth in the latest year. EBITDA rose 140% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.05 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 9.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Novastrid IT Ventures Private Limited, buy the company report.
Board of directors of Novastrid IT Ventures Private Limited
Novastrid IT Ventures has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Elizabeth Rani Also directs: Innovten Ventures Private Limited | Director | 10 Jun 2019 | 7 Years 5 Months | Current |
| Rajmohan Govindaswamy | Director | 14 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Novastrid IT Ventures Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Newel Technologies Private Limited | ₹11.12 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Kunamneni Technologies Private Limited | ₹11.11 Cr (FY 2025) | -21.0% | Bengaluru, Karnataka, India | |||
| Fluid Touch Private Limited | ₹11.1 Cr (FY 2024) | -3.0% | Hyderabad, Telangana, India | |||
| Crystal Delta Solutions Private Limited | ₹11.1 Cr (FY 2025) | 25.0% | Chennai, Tamil Nadu, India | |||
| Dxfactor Solutions Private Limited | ₹11.1 Cr (FY 2024) | 20.0% | Bangalore, Karnataka, India | |||
| Novastrid IT Ventures Private Limitedthis company | ₹11.1 Cr (FY 2025) | ₹1.05 Cr | 9.5% | 83.0% | 113 | Kanchipuram, Tamil Nadu, India |
| E-Emphasys Solutions Private Limited | ₹11.09 Cr (FY 2023) | 4.0% | Mumbai, Maharashtra, India | |||
| Ixsight Technologies Private Limited | ₹11.09 Cr (FY 2024) | 7.0% | Mumbai, Maharashtra, India | |||
| B R Softech Private Limited | ₹11.08 Cr (FY 2025) | 8.0% | Jaipur, Rajasthan, India | |||
| Aadiswan Info Consultants Private Limited | ₹11.07 Cr (FY 2024) | 57.0% | Lucknow, Uttar Pradesh, India | |||
| Techzert Software Private Limited | ₹11.06 Cr (FY 2025) | -36.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Novastrid IT Ventures Private Limited, buy the company report.
Auditor
Novastrid IT Ventures Private Limited is audited by THAVAMANI SAMPATH AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAVAMANI SAMPATH AND ASSOCIATES | FY 2023 | 011002S |
Shareholding
The shareholding of Novastrid IT Ventures Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Novastrid IT Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Novastrid IT Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Novastrid IT Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Novastrid IT Ventures Private Limited has a workforce of 113 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 113 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Novastrid IT Ventures Private Limited, buy the company report.
GST
Novastrid IT Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCN5615F1ZP | Tamil Nadu | Active | 26 Aug 2019 |
To see the full GST registrations and return filing status of Novastrid IT Ventures Private Limited, buy the company report.
Recent activity
Novastrid IT Ventures Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Rajmohan Govindaswamy was appointed as Director on 14 Apr 2025.
Frequently asked questions
Novastrid IT Ventures is an active private limited company based in Kanchipuram, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 June 2019 (7+ years old) and is registered under CIN U72900TN2019PTC129785.
Novastrid IT Ventures has 2 current directors:
- Elizabeth Rani - Director
- Rajmohan Govindaswamy - Director
The latest financial statements of Novastrid IT Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Novastrid IT Ventures is 33AAGCN5615F1ZP, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Novastrid IT Ventures is U72900TN2019PTC129785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novastrid IT Ventures was incorporated on 10 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Novastrid IT Ventures by revenue are Newel Technologies Private Limited, Kunamneni Technologies Private Limited, Fluid Touch Private Limited, Crystal Delta Solutions Private Limited, Dxfactor Solutions Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Rajmohan Govindaswamy was appointed as Director on 14 Apr 2025. Ramasamy Palanichamy Vasanthan ceased to be Director on 07 Feb 2025. Umapathy ceased to be Director on 06 Nov 2024. Novastrid IT Ventures has 4 board changes on record in total.
Novastrid IT Ventures can be reached through the website novastrid.com. Its registered office is in Kanchipuram, Tamil Nadu, India.
The registered office of Novastrid IT Ventures is at To Digital Accelerator Old No.147 New No.16, Rajiv Gandhi Salai Karapakkam Chennai, Kanchipuram, Tamil Nadu, India – 600097.
Novastrid IT Ventures operates in the information technology industry, in the application development and software solutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
