Novelworks Softech Private Limited
About Novelworks Softech Private Limited
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Novelworks Softech Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2017PTC172452. Its GSTIN is 27AAFCN7763D1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sujata Ashok Chavan and Ashok Laxman Chavan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.29 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹40.93 Lakh (net margin 31.8%) and EBITDA of ₹55.92 Lakh (EBITDA margin 43.5%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressS No 28/2D Altus Bld, Pimple Nilakh Flat – B/402, Pune, Maharashtra, India – 411027
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Novelworks Softech Private Limited
The main business activity of Novelworks Softech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Novelworks Softech Private Limited FY 2025 filings available
Novelworks Softech Private Limited reported revenue of ₹1.29 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Novelworks Softech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 62% over three years, including 40% growth in the latest year. EBITDA rose 31% 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 of Novelworks Softech Private Limited
| 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 | ₹55.92 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.93 Lakh | •••• | •••• | •••• | •••• |
| 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 of Novelworks Softech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 31.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Novelworks Softech are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Novelworks Softech Private Limited
Novelworks Softech Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Inavan India Technologies Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Ernakulam, Kerala, India |
| Netensity Information Systems India Private Limited | ₹1.29 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Chennai, Tamil Nadu, India |
| Juntrax Solutions Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Fountain Hill Systems Private Limited | ₹1.29 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Thane, Maharashtra, India |
| Cursory Technologies Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | 149.0% | •••• | Coimbatore, Tamil Nadu, India |
| Novelworks Softech Private Limited this company | ₹1.29 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Pune, Maharashtra, India |
| Transvue Solutions India Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Zeliant Infoserve Private Limited | ₹1.28 Cr (FY 2024) | •••• | •••• | 87.0% | •••• | Mumbai, Maharashtra, India |
| Hashprompt Softwares Private Limited | ₹1.28 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Erode, Tamil Nadu, India |
| Firmwise Services India Private Limited | ₹1.28 Cr (FY 2022) | •••• | •••• | -18.0% | •••• | Agra, Uttar Pradesh, India |
| S. P. Technolab Private Limited | ₹1.28 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Novelworks Softech by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Novelworks Softech Private Limited
Novelworks Softech Private Limited is audited by N S PAGE AND COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N S PAGE AND COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Novelworks Softech Private Limited
Novelworks Softech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujata Ashok Chavan | Director | 11 Sep 2017 | 9 Years 0 Months | Current |
| Ashok Laxman Chavan | Director | 11 Sep 2017 | 9 Years 0 Months | Current |
Ownership and Shareholding of Novelworks Softech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Novelworks Softech Private Limited
Novelworks Softech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Novelworks Softech Private Limited
Employment history and EPFO contributions of people linked to Novelworks Softech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Novelworks Softech Private Limited
Novelworks Softech Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ashok Laxman Chavan was appointed as Director on 11 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Novelworks Softech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Novelworks Softech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Novelworks Softech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Novelworks Softech Private Limited
Novelworks Softech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN7763D1ZA | Maharashtra | Active | 10 Nov 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Novelworks Softech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Novelworks Softech Private Limited
Novelworks Softech is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 September 2017 (9+ years old) and is registered under CIN U72900PN2017PTC172452.
Novelworks Softech reported revenue of ₹1.29 Cr for FY 2025 (up 40% YoY).
Novelworks Softech has 2 current directors:
- Sujata Ashok Chavan - Director
- Ashok Laxman Chavan - Director
Novelworks Softech reported a net profit of ₹40.93 Lakh (net margin 31.8%) and EBITDA of ₹55.92 Lakh (EBITDA margin 43.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Novelworks Softech is 62% over three years. In the latest year (FY 2025) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Novelworks Softech is 27AAFCN7763D1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Novelworks Softech is U72900PN2017PTC172452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novelworks Softech was incorporated on 11 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Novelworks Softech by revenue are Inavan India Technologies Private Limited, Netensity Information Systems India Private Limited, Juntrax Solutions Private Limited, Fountain Hill Systems Private Limited, Cursory Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Ashok Laxman Chavan was appointed as Director on 11 Sep 2017. Sujata Ashok Chavan was appointed as Director on 11 Sep 2017.
The registered office of Novelworks Softech is at S No 282D Altus Bld, Pimple Nilakh Flat – B402, Pune, Maharashtra, India – 411027.