About Novasignal India Private Limited
Data last updated:
Novasignal India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Novasignal Corp. Usa. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 09 September 2020.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020FTC138377. Its GSTIN is 29AAHCN1494K1ZX (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vani Vijayaraj and Sivasankaran Krishnan.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Old No. 679 New Number 57 (679/57) 30th Cross Jayanagar 4th T Block, Bangalore, Karnataka, India – 560041.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹49.64 Lakh (net margin 9.4%) and EBITDA of ₹71.42 Lakh (EBITDA margin 13.5%).
The company is associated with 1 brand: NeuraSignal.
The last known website on record is novasignal.com.
Company details
Contact details
Novasignal India Private Limited's registered office is in Bangalore, Karnataka. Its website is novasignal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOld No. 679 New Number 57 (679/57) 30th Cross Jayanagar 4th T Block, Bangalore, Karnataka, India – 560041
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Novasignal India 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
Novasignal India operates one associated brand: NeuraSignal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of robotic and AI-driven transcranial Doppler ultrasound technology for real-time blood flow data capture | neurasignal.com |
Business activity
The main business activity of Novasignal India is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Novasignal India Private Limited, buy the company report.
Financials of Novasignal India Private Limited
FY 2023 filings availableNovasignal India Private Limited reported revenue of ₹5.3 Cr (up 516% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 516% in the latest year. EBITDA rose 526% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹5.3 Cr | |
| Other Income | ||
| Total Revenue | ||
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| Total Expenses | ||
| EBITDA | ₹71.42 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹49.64 Lakh | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.5% | |
| Net Profit Margin | 9.4% | |
| Return on Equity (ROE) | ||
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| Return on Assets (ROA) | ||
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To see the full financial statements and ratios of Novasignal India Private Limited, buy the company report.
Board of directors of Novasignal India Private Limited
Novasignal India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vani Vijayaraj | Director | 07 Sep 2023 | 3 Years 1 Months | As last reported |
| Sivasankaran Krishnan | Director | 09 Sep 2020 | 6 Years 1 Months | As last reported |
| Girish Krishna Hingorani Also directs: Greenloop Nature Pack LLP | Irp/Rp/Liquidator | 06 May 2024 | 2 Years 5 Months | As last reported |
Auditor
Novasignal India Private Limited is audited by Ashok Maheshwary & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashok Maheshwary & Associates LLP | FY 2022 | 003446N/N500031 |
Shareholding
The shareholding of Novasignal India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Novasignal India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Novasignal India 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 Novasignal India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Novasignal India Private Limited has 1 active EPFO establishment as of Mar 30, 2024.
GST
Novasignal India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCN1494K1ZX | Karnataka | Active | 09 Feb 2021 |
To see the full GST registrations and return filing status of Novasignal India Private Limited, buy the company report.
Recent activity
Novasignal India Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Girish Krishna Hingorani was appointed as Irp/Rp/Liquidator on 06 May 2024.
Frequently asked questions
Novasignal India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Novasignal India is a company under liquidation, formerly operating as a foreign private limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 09 September 2020 and is registered under CIN U74999KA2020FTC138377. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Novasignal India has 3 current directors:
- Vani Vijayaraj - Director
- Sivasankaran Krishnan - Director
- Girish Krishna Hingorani - Irp/Rp/Liquidator
The latest financial statements of Novasignal India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Novasignal India is U74999KA2020FTC138377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novasignal India was incorporated on 09 September 2020. It is registered with the Registrar of Companies, Bangalore.
Girish Krishna Hingorani was appointed as Irp/Rp/Liquidator on 06 May 2024. Vani Vijayaraj ceased to be Additional Director on 28 Sep 2023. Vani Vijayaraj was appointed as Director on 07 Sep 2023. Novasignal India has 5 board changes on record in total.
Novasignal India can be reached through the website novasignal.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Novasignal India is at Old No. 679 New Number 57 67957 30th Cross Jayanagar 4th T Block, Bangalore, Karnataka, India – 560041.
The GSTIN of Novasignal India is 29AAHCN1494K1ZX, registered in Karnataka.