About Green Lease
Green Lease is an Environment company based in Bengaluru (India) founded in 2020 by Siva Sankar and Roney Vincent. It delivers comprehensive solutions for effective waste management. It operates on a B2B model. Its chief executive, as recorded, is Siva Sankar. Its Indian entity Noval Sustainability Solutions Private Limited reported revenue of ₹8.64 Cr. Its focus areas include Environmental Services, Waste Management, Solutions Provider and Comprehensive Services.
Company details
Green Lease, established in 2020, excels in environmental services, managing waste solutions, solutions provider, and comprehensive services. Delivers comprehensive solutions for effective waste management. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Founders Siva Sankar, Roney Vincent
- SectorsEnvironment
- Website greenlease.in
- Social Facebook
- Legal Name Noval Sustainability Solutions Private Limited
- Date of Incorporation 17 Oct, 2017
- Jurisdiction Kottayam, Kerala, India
- Annual Revenue₹8.64 Cr
FY 2024 · -45% YoY
- Net Loss-₹1.37 Cr
FY 2024 · -16% margin
- EBITDA-₹1.22 Cr
FY 2024 · -14% margin
Associated legal entities of Green Lease
Green Lease operates through Noval Sustainability Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Noval Sustainability Solutions Private Limited CIN U29100KL2017PTC050768 | Active | 17 Oct 2017 | Kottayam, Kerala | ₹8.6 Cr | 4 | View details |
Board of directors of Noval Sustainability Solutions Private Limited (Green Lease)
Noval Sustainability Solutions Private Limited is the primary company behind Green Lease. The board of Noval Sustainability Solutions Private Limited currently have 4 directors; the longest-serving is Siva Sankar, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Siva Sankar DIN 06796494 | Director | 17 Oct 2017 | 9 yrs | Noval Sustainability Solutions Private Limited |
| Bayyareddy Bavadeep Reddy DIN 00927029 | Additional Director | 10 Oct 2019 | 7 yrs | Noval Sustainability Solutions Private Limited |
| Augustine Libin Peous DIN 03457692 | Director | 20 Aug 2021 | 5 yrs 2 mo | Noval Sustainability Solutions Private Limited |
| Thottiyil Shibu DIN 07838492 | Director | 20 Aug 2021 | 5 yrs 2 mo | Noval Sustainability Solutions Private Limited |
People of Green Lease
2 people are tracked at Green Lease (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Green Lease
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Green Lease
Figures of Noval Sustainability Solutions Private Limited, the primary company behind Green Lease, for FY 2024. Revenue was ₹8.64 Cr (-45% year on year). Net loss was -₹1.37 Cr (-16% margin). EBITDA was -₹1.22 Cr (-14% margin). Revenue has grown at a compounded annual rate of +216% over three years and +129% over five years.
- ₹8.64 CrRevenue · FY 2024 · -45% YoY
- -₹1.37 CrNet loss · -16% margin
- -₹1.22 CrEBITDA · -14% margin
- ₹1 LakhPaid-up capital
- +216%Revenue CAGR, 3 years
- +129%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Noval Sustainability Solutions Private Limited are on its company page.
Detailed financial statements for Green Lease
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Green Lease (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Frequently Asked Questions about Green Lease
Green Lease was founded in 2020.
Green Lease is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Siva Sankar is the CEO of Green Lease, as recorded in our data. They have also founded this company.
The primary company behind Green Lease, Noval Sustainability Solutions Private Limited, reported revenue of ₹8.64 Cr for FY 2024, down 45% year on year.
Green Lease, established in 2020, excels in environmental services, managing waste solutions, solutions provider, and comprehensive services. Delivers comprehensive solutions for effective waste management. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Green Lease operates through Noval Sustainability Solutions Private Limited.
The legal entities of Green Lease currently have 4 directors, including Siva Sankar, Augustine Libin Peous, Bayyareddy Bavadeep Reddy and others.