
About Novara Projects
Novara Projects is a Technology company based in Ahmedabad (India) founded in 2022. It provides mechanical, electrical, plumbing, and fire safety services for industrial projects. It operates on a B2B and Enterprise Contracts model in Technology and Industrial Goods & Manufacturing sectors. Its Indian entity Novara Projects Private Limited reported revenue of βΉ80.3 Lakh. Novara Projects offers products and services including Mechanical Services, Electrical Services, Plumbing Services, and Fire Safety Services. Its focus areas include Safety, Fire Systems, Protection and Detection and Installation. Its competitors include SILA, UDS and Supreme Facility Management; 2 of its 3 listed competitors have raised funding.
Company details
Novara Projects is an engineering firm specializing in MEP services, including mechanical, electrical, plumbing, and fire protection systems. They design, install, and maintain solutions for heavy industries, factories, infrastructure, and buildings, emphasizing safety, quality, and timely delivery. Based in Ahmedabad, India, they serve clients like MG Motors and UltraTech Cement, aiming to expand internationally.
- Headquarters Ahmedabad, India
- SectorsTechnologyIndustrial Goods & Manufacturing
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- Website novaraprojects.com
- Legal Name Novara Projects Pvt. Ltd.
- Date of Incorporation 09 Mar, 2022
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹80.3 Lakh
FY 2024 · -19% YoY
- Net Loss-₹43.3 Lakh
FY 2024 · -54% margin
- EBITDA-₹40.2 Lakh
FY 2024 · -50% margin
Associated legal entities of Novara Projects
Novara Projects operates through Novara Projects 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 |
|---|---|---|---|---|---|---|---|
| Novara Projects Private Limited CIN U45309GJ2022PTC129972 | Active | 09 Mar 2022 | Ahmedabad, Gujarat | ₹0.8 Cr | 9 | 2 | View details |
Products & Services of Novara Projects
Novara Projects offers a comprehensive portfolio of products and services, including Mechanical Services, Electrical Services, Plumbing Services, and Fire Safety Services.
Designs and installs mechanical systems for industrial applications
Provides electrical system design and implementation for projects
Offers plumbing solutions for buildings and infrastructure
Delivers fire protection and detection systems for various sectors
Board of directors of Novara Projects Private Limited (Novara Projects)
Novara Projects Private Limited is the primary company behind Novara Projects. The board of Novara Projects Private Limited currently have 2 directors; the longest-serving is Prakashbhai Pravinbhai Prajapati, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prakashbhai Pravinbhai Prajapati DIN 09531937 | Director | 09 Mar 2022 | 4 yrs 7 mo | Novara Projects Private Limited |
| Parth Pinakinbhai Patel DIN 09531936 | Whole-time director | 09 Mar 2022 | 4 yrs 7 mo | Novara Projects Private Limited |
Financials of Novara Projects
Figures of Novara Projects Private Limited, the primary company behind Novara Projects, for FY 2024. Revenue was ₹80.3 Lakh (-19% year on year). Net loss was -₹43.3 Lakh (-54% margin). EBITDA was -₹40.2 Lakh (-50% margin).
- ₹80.3 LakhRevenue · FY 2024 · -19% YoY
- -₹43.3 LakhNet loss · -54% margin
- -₹40.2 LakhEBITDA · -50% margin
- ₹1 LakhPaid-up capital
- 9Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Novara Projects Private Limited are on its company page.
Detailed financial statements for Novara Projects
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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Competitors of Novara Projects
Novara Projects has 3 listed competitors in our database, 2 of them funded. They include SILA, UDS and Supreme Facility Management.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| silagroup.co.in | 2010 | Mumbai, India | $17.79M | 20,676 | Provider of facility & project management, advisory, general contracting, and real estate development services | |
| uds.in | 1985 | Chennai, India | $25.95M | 105,230 | Integrated business services are provided across diverse sectors in India. | |
| supremefacility.com | 1983 | Pune, India | Facility management services are provided for various operational needs. |
Detailed competitors of Novara Projects
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Visitor & Building Management Systems
3 companies that operate in the same segment as Novara Projects (Visitor & Building Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers HRMS tools for attendance, payroll, and performance management solutions. | 2010 | Jaipur, Rajasthan, India | ||||
Offers integrated software for family entertainment, parks, and food operations. | 2008 | Mangaluru, Karnataka, India | USD 7.34 M | 148 | ||
Provides integrated software and hardware solutions for security and operational efficiency. | 2017 | Bengaluru, Karnataka, India | USD 258.4 K |
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Frequently Asked Questions about Novara Projects
Novara Projects was founded in 2022.
Novara Projects is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Novara Projects, Novara Projects Private Limited, reported revenue of βΉ80.3 Lakh for FY 2024, down 19% year on year.
Novara Projects is an engineering firm specializing in MEP services, including mechanical, electrical, plumbing, and fire protection systems. They design, install, and maintain solutions for heavy industries, factories, infrastructure, and buildings, emphasizing safety, quality, and timely delivery. Based in Ahmedabad, India, they serve clients like MG Motors and UltraTech Cement, aiming to expand internationally.
Novara Projects's top competitors include SILA, UDS and Supreme Facility Management.
Novara Projects offers Mechanical Services, Electrical Services, Plumbing Services, and Fire Safety Services.
Novara Projects operates through Novara Projects Private Limited.
The legal entities of Novara Projects currently have 2 directors, including Prakashbhai Pravinbhai Prajapati, Parth Pinakinbhai Patel.