About Novus GBS Private Limited
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Novus GBS Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 26 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2006PTC052125. Its GSTIN is 36AAKCS5244H1Z5 (Telangana).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹26 Lakh. It was formerly known as Sheela Technlogies Private Limited. It is led by directors including Pushpavathi Doddapaneni and Ashok Baba Kotharu.
Its last annual general meeting (AGM) was held on 18 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at H.No.12 – 2 – 790/71 Ayodhya Nagar Mehidipatnam, Hyderabad, Telangana, India – 500028.
As per the financials filed for FY 2020, the company reported a revenue of ₹53.41 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.96 Lakh (net margin 5.5%) and EBITDA of ₹2.68 Lakh (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 16% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novusgbs.com.
Company details
CIN history
Novus GBS has one previous CIN (Corporate Identification Number): U72300AP2006PTC052125. The current CIN is U72300TG2006PTC052125, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TG2006PTC052125 | Current |
| U72300AP2006PTC052125 | Previous |
Contact details
Novus GBS Private Limited's registered office is in Hyderabad, Telangana. Its website is novusgbs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH.No.12 – 2 – 790/71 Ayodhya Nagar Mehidipatnam, Hyderabad, Telangana, India – 500028
- IndustryInformation Technology, Database Management & Solutions, Application Development & Software Solutions
To see the full contact details of Novus GBS 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 Novus GBS is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Novus GBS Private Limited, buy the company report.
Financials of Novus GBS Private Limited
FY 2023 filings availableNovus GBS Private Limited reported revenue of ₹53.41 Lakh (down 1% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 1% fall in the latest year. EBITDA fell 18% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹53.41 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.96 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 5.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Novus GBS Private Limited, buy the company report.
Board of directors of Novus GBS Private Limited
Novus GBS has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpavathi Doddapaneni Also directs: Mega Online Portal Private Limited | Director | 06 Feb 2015 | 11 Years 9 Months | Current |
| Ashok Baba Kotharu Also directs: Mega Online Portal Private Limited | Director | 06 Feb 2015 | 11 Years 9 Months | Current |
| Suhasini Doddapaneni | Director | 26 Dec 2006 | 19 Years 10 Months | Current |
Auditor
Novus GBS Private Limited is audited by B SRINIVASA RAO & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B SRINIVASA RAO & CO | FY 2019 | 008763S |
Shareholding
The shareholding of Novus GBS Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Novus GBS Private Limited, buy the company report.
Legal cases
Novus GBS Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (ITTA) | Filed against the company by Principal Commissioner of Income Tax-3, | Disposed |
To see the full case history of Novus GBS Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Novus GBS Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novus GBS has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAKCS5244H1Z5 | Telangana | Active | 23 Sep 2017 |
To see the full GST registrations and return filing status of Novus GBS Private Limited, buy the company report.
Recent activity
Novus GBS Private Limited has 6 board changes on record since 2006: 3 appointments and 3 cessations. The latest: Nadendla Sreenivasa Rao ceased to be Director on 09 Feb 2015.
Frequently asked questions
Novus GBS is an active private limited company based in Hyderabad, Telangana, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 26 December 2006 (20+ years old) and is registered under CIN U72300TG2006PTC052125.
Novus GBS has 3 current directors:
- Pushpavathi Doddapaneni - Director
- Ashok Baba Kotharu - Director
- Suhasini Doddapaneni - Director
The latest financial statements of Novus GBS on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 18 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Novus GBS is 36AAKCS5244H1Z5, registered in Telangana.
The CIN (Corporate Identification Number) of Novus GBS is U72300TG2006PTC052125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novus GBS has 1 court case on record: 1 filed against it.
Novus GBS was incorporated on 26 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Hyderabad.
Nadendla Sreenivasa Rao ceased to be Director on 09 Feb 2015. Padmavathi Nadendla ceased to be Director on 09 Feb 2015. Rangaiah Nadendla ceased to be Managing Director on 09 Feb 2015. Novus GBS has 6 board changes on record in total.
Novus GBS can be reached through the website novusgbs.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Novus GBS is at H.No.12 – 2 – 79071 Ayodhya Nagar Mehidipatnam, Hyderabad, Telangana, India – 500028.
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