Novix Media Technologies Private Limited
About Novix Media Technologies Private Limited
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Novix Media Technologies Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the online streaming platforms segment of the internet and digital services sector. It was incorporated on 30 March 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2012PTC229033. Its GSTIN is 27AADCN9794Q1ZA (Maharashtra).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It was led by directors Kunal Lagwankar and Lilesh Sharad Ghadi.
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 was at 604 – B Akashdeep Chs Navghar Road, Mumbai, Maharashtra, India – 400081.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.28 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹7.34 Lakh (net margin 3.2%) and EBITDA of ₹11.64 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 7% over five years.
The company was associated with 1 brand: AdSparx. The company has 1 deal on record (1 secondary share transfer); the latest was in November 2018.
Company details
Contact details
Novix Media Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address604 – B Akashdeep Chs Navghar Road, Mumbai, Maharashtra, India – 400081
- IndustryInternet, Online Streaming Platforms
To see the full contact details of Novix Media Technologies 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
Brands
Novix Media Technologies operates one associated brand: AdSparx. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Server-side dynamic ad insertion is provided for OTT platforms. | adsparx.com |
Financials of Novix Media Technologies Private Limited
FY 2024 filings availableNovix Media Technologies Private Limited reported revenue of ₹2.28 Cr (up 31% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 31% growth in the latest year. EBITDA fell 11% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Total Revenue | ₹2.28 Cr | ||||
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| EBITDA | ₹11.64 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹7.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 3.2% | ||||
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To see the full financial statements and ratios of Novix Media Technologies Private Limited, buy the company report.
Board of directors of Novix Media Technologies Private Limited
Novix Media Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Lagwankar Also directs: Kna Technologies Private Limited | Director | 30 Mar 2012 | 14 Years 6 Months | As last reported |
| Lilesh Sharad Ghadi | Director | 30 Mar 2012 | 14 Years 6 Months | As last reported |
Auditor
Novix Media Technologies Private Limited is audited by GHORPADE MARATHE & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GHORPADE MARATHE & ASSOCIATES | FY 2020 | 127189W |
Shareholding
The shareholding of Novix Media Technologies Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Novix Media Technologies Private Limited, buy the company report.
Deals & funding
Novix Media Technologies Private Limited has 1 deal on record (1 secondary share transfer); the latest was in November 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Novix Media Technologies 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 Novix Media Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novix Media Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN9794Q1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novix Media Technologies Private Limited, buy the company report.
Recent activity
Novix Media Technologies Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Ketan Avinash Barhate ceased to be Director on 14 Sep 2022.
Frequently asked questions
Novix Media Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Novix Media Technologies was a private limited company based in Mumbai, Maharashtra, India. The company worked in online streaming platforms, within the internet industry. It was incorporated on 30 March 2012 and is registered under CIN U74900MH2012PTC229033. The company has been struck off by the Registrar of Companies and is no longer operational.
Novix Media Technologies had 2 directors:
- Kunal Lagwankar - Director
- Lilesh Sharad Ghadi - Director
The CIN (Corporate Identification Number) of Novix Media Technologies is U74900MH2012PTC229033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Novix Media Technologies is at 604 – B Akashdeep Chs Navghar Road, Mumbai, Maharashtra, India – 400081.
Novix Media Technologies was incorporated on 30 March 2012. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Novix Media Technologies 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 2015 are in the company report.
The GSTIN of Novix Media Technologies is 27AADCN9794Q1ZA, registered in Maharashtra.
Novix Media Technologies operated in the internet industry, in the online streaming platforms segment. It worked in this industry before it was struck off.
Novix Media Technologies has 1 deal on record (1 secondary share transfer); the latest was in November 2018.