About Isg Novasoft Technologies Limited
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Isg Novasoft Technologies Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Cfcl Ventures Limited. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 25 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2003PLC050528. Its GSTIN is 29AABCI2488Q1ZS (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹6.68 Cr. It is led by directors including Mavanur Venkatachala Sampath Kumar Iyengar and Manoj Bawa.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at # 496/4 2nd Floor 10th Cross Near Bashyam Circle Sadashivanagar, Bangalore, Karnataka, India – 560080.
As per the financials filed for FY 2026, the company reported a revenue of ₹4.09 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹40.49 Lakh and EBITDA of -₹40.49 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 53% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: ISGN. As per MCA filings, the company has satisfied charges of ₹81.8 Lakh on record. Court records list 19 cases involving the company, including 6 filed by the company and 13 filed against it; 6 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in January 2016. The company has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 23 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website isgn.com.
Company details
CIN history
Isg Novasoft Technologies has one previous CIN (Corporate Identification Number): U72900DL2003PLC123214. The current CIN is U72900KA2003PLC050528, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900KA2003PLC050528 | Current |
| U72900DL2003PLC123214 | Previous |
Contact details
Isg Novasoft Technologies Limited's registered office is in Bangalore, Karnataka. Its website is isgn.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# 496/4 2nd Floor 10th Cross Near Bashyam Circle Sadashivanagar, Bangalore, Karnataka, India – 560080
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Isg Novasoft Technologies 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 Isg Novasoft Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
Financials of Isg Novasoft Technologies Limited
FY 2026 filings availableIsg Novasoft Technologies Limited reported revenue of ₹4.09 Lakh (down 38% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 38% fall in the latest year. EBITDA fell 3% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.09 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹40.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹40.49 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
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| EBITDA Margin | |||||
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To see the full financial statements and ratios of Isg Novasoft Technologies Limited, buy the company report.
Board of directors of Isg Novasoft Technologies Limited
Isg Novasoft Technologies has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mavanur Venkatachala Sampath Kumar Iyengar | Director | 01 Apr 2020 | 6 Years 7 Months | Current |
| Manoj Bawa | Director | 01 Apr 2023 | 3 Years 7 Months | Current |
| Nicola Neeladri | Director | 01 Apr 2020 | 6 Years 7 Months | Current |
Auditor
Isg Novasoft Technologies Limited is audited by Bansal & Co LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bansal & Co LLP | FY 2026 | 0001113N |
Shareholding
The shareholding of Isg Novasoft Technologies Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Isg Novasoft Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2009 | 10159522 | Cisco Systems Capital (India) Private Limited | ₹81.8 Lakh | Satisfied |
To see the full charge records of Isg Novasoft Technologies Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Isg Novasoft Technologies Limited has 1 deal on record (1 acquisition); the latest was in January 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Acquisition | ₹3 Cr | Buyer: Firstsource Solutions Limited Seller: Isg Novasoft Technologies Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Isg Novasoft Technologies Limited has 19 court cases on record: 6 filed by Isg Novasoft Technologies, 13 filed against it. 6 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 9 | 3 |
| Supreme Court | 4 | 3 | 1 |
| District courts | 3 | 1 | 2 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed by the company against Rattha Holding Company Private Limited, Rep by Its Auth., Sig., | Pending |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by an individual | Pending |
| High Court of Karnataka | Tax appeal | Filed against the company by The PR Commissioner of Income Tax Cit(A) | Pending |
| High Court, TAMIL NADU | Execution petition | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Petition | Filed against the company by an individual | Pending |
To see the full case history of Isg Novasoft Technologies 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
Isg Novasoft Technologies Limited has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 23 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pierian Services Private Limited |
To see the full MSME payment records of Isg Novasoft Technologies Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Isg Novasoft Technologies Limited has a workforce of 1 employees on its EPFO records as of Mar 2023, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 1 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Isg Novasoft Technologies Limited, buy the company report.
GST
Isg Novasoft Technologies has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI2488Q1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Isg Novasoft Technologies Limited, buy the company report.
Recent activity
Isg Novasoft Technologies Limited has 24 board changes on record since 2007: 3 appointments and 21 cessations. The latest: Manoj Bawa was appointed as Director on 01 Apr 2023.
17 earlier events are in the company report.
News
Frequently asked questions
Isg Novasoft Technologies is an active public limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 25 November 2003 (23+ years old) and is registered under CIN U72900KA2003PLC050528.
Isg Novasoft Technologies has 3 current directors:
- Mavanur Venkatachala Sampath Kumar Iyengar - Director
- Manoj Bawa - Director
- Nicola Neeladri - Director
The latest financial statements of Isg Novasoft Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Isg Novasoft Technologies is 29AABCI2488Q1ZS, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Isg Novasoft Technologies is U72900KA2003PLC050528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Isg Novasoft Technologies has 19 court cases on record: 6 filed by the company and 13 filed against it. 6 are pending. Most are in the high courts.
Isg Novasoft Technologies was incorporated on 25 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Isg Novasoft Technologies has 1 deal on record (1 acquisition); the latest was in January 2016.
Manoj Bawa was appointed as Director on 01 Apr 2023. Kanti Gajanana Hegde ceased to be Company Secretary on 30 Sep 2022. Mavanur Venkatachala Sampath Kumar Iyengar ceased to be Additional Director on 29 Sep 2020. Isg Novasoft Technologies has 24 board changes on record in total.
Isg Novasoft Technologies has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 23 overdue payments to 1 micro and small supplier. The latest return was filed on 27 Oct 2021.
Isg Novasoft Technologies can be reached through the website isgn.com. Its registered office is in Bangalore, Karnataka, India.
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