Noovocom Advantages Private Limited

Noovocom Advantages Private Limited - information technology in Udupi, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2017PTC099305 Incorporated 19 January 2017 ROC Bangalore HQ Udupi, Karnataka, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2025
₹1.5 Cr
▲ 6% YoY
Net loss · FY 2025
₹20.98 Cr
Latest filing
EBITDA · FY 2025
-₹20.53 Cr
Latest filing
Authorised capital
₹21 Cr
Registered with MCA
Paid-up capital
₹20.34 Cr
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Noovocom Advantages Private Limited

Data last updated:

Noovocom Advantages Private Limited is a private limited company based in Udupi, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 January 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC099305. Its GSTIN is 29AAFCN4714L1Z4 (Karnataka).

The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹20.34 Cr. It is led by directors including Kusum Bala Das and Katapadi Govindraya Subraya Kamath.

Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at New Udayavani Building Tile Factory Road Manipal, Udupi, Karnataka, India – 576104.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.5 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹20.98 Cr and EBITDA of -₹20.53 Cr. Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 70% over five years.

Its group structure includes 1 subsidiary.

The company is associated with 1 brand: SimplyForHomes. Court records list 1 case involving the company, including 1 filed by the company. The company has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5.35 Cr; the latest was in October 2020. Its 10 peer companies in the same principal business activity (Management consultancy activities) are compared by revenue, 5 larger and 5 smaller; the largest is Ebp India Consulting Private Limited with revenue of ₹1.51 Cr.

Noovocom Advantages Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-26-0011447). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website simplyforhomes.com.

Company Details of Noovocom Advantages Private Limited
CIN U72900KA2017PTC099305
Registration Number 099305
Incorporation Date 19 January 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-26-0011447

Recognitions & Rankings of Noovocom Advantages

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-26-0011447
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    New Udayavani Building Tile Factory Road Manipal, Udupi, Karnataka, India – 576104
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Noovocom Advantages Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Associated Brands with Noovocom Advantages Private Limited

Noovocom Advantages operates one associated brand: SimplyForHomes. Each brand links to its own profile.

BrandDescriptionWebsite
Operates a digital platform for home improvement loans.simplyforhomes.com

Business Activity of Noovocom Advantages Private Limited

The main business activity of Noovocom Advantages is professional, scientific and technical. In detail, this covers management consultancy activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM3Management consultancy activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Noovocom Advantages Private Limited FY 2024 filings available

Noovocom Advantages Private Limited reported revenue of ₹1.5 Cr (up 6% YoY) for FY 2025.

Revenue · FY 2025
₹1.5 Cr ▲ 6%
Net loss · FY 2025
₹20.98 Cr
EBITDA · FY 2025
-₹20.53 Cr

Compounded Annual Growth Rate (CAGR) of Noovocom Advantages Private Limited

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 18%
5 years · compounded
▲ 70%
EBITDA CAGR growth
3 years · compounded
▼ 88%
5 years · compounded
▼ 56%

Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 6% growth 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 of Noovocom Advantages Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹20.53 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹20.98 Cr••••••••••••••••
Balance Sheet
Share Capital••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Net Worth (Total Equity)••••••••••••••••••••
Long-term Borrowings••••••••••••••••••••
Short-term Borrowings••••••••••••••••••••
Trade Payables••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Noovocom Advantages Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin••••••••••••••••••••
Net Profit Margin••••••••••••••••••••
Return on Equity (ROE)••••••••••••••••••••
Return on Capital Employed (ROCE)••••••••••••••••••••
Return on Assets (ROA)••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Quick Ratio••••••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••••••
Interest Coverage Ratio••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Payable Days••••••••••••••••••••
Inventory Days••••••••••••••••••••
Revenue Growth••••••••••••••••••••
Net Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Noovocom Advantages are in the company report.

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Financial statements from FY 2017

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Board of Directors of Noovocom Advantages Private Limited

Noovocom Advantages has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kusum Bala DasDirector09 May 20188 Years 5 MonthsCurrent
Katapadi Govindraya Subraya KamathDirector01 Feb 20188 Years 8 MonthsCurrent
Kalsank Kini UmeshDirector06 Aug 20206 Years 2 MonthsCurrent

Peer Comparison of Noovocom Advantages Private Limited

Noovocom Advantages Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Management consultancy activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ebp India Consulting Private Limited₹1.51 Cr (FY 2024)••••••••11.0%••••Mumbai, Maharashtra, India
Investire Lex and Audire (OPC) Private Limited₹1.5 Cr (FY 2025)••••••••28.0%••••Mumbai, Maharashtra, India
Vivan Business Consultants Private Limited₹1.5 Cr (FY 2024)••••••••36.0%••••Mumbai, Maharashtra, India
Whitepaper Solutions Private Limited₹1.5 Cr (FY 2025)••••••••-42.0%••••Bangalore, Karnataka, India
Xper One Private Limited₹1.5 Cr (FY 2024)••••••••733.0%••••Pune, Maharashtra, India
Noovocom Advantages Private Limited this company₹1.5 Cr (FY 2025)••••••••6.0%••••Udupi, Karnataka, India
Indravati Business Consultancy Private Limited₹1.5 Cr (FY 2024)••••••••120.0%••••Uduipi, Karnataka, India
Amritlaxmi Consultants Private Limited₹1.5 Cr (FY 2020)••••••••8.0%••••Kolkata, West Bengal, India
Ampyard Private Limited₹1.5 Cr (FY 2025)••••••••2.0%••••Bangalore, Karnataka, India
Nubook Private Limited₹1.5 Cr (FY 2025)••••••••60.0%••••Kozhikode, Kerala, India
PTC Apparels Private Limited₹1.5 Cr (FY 2025)••••••••166.0%••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Noovocom Advantages by revenue in the same principal business activity (Management consultancy activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Noovocom Advantages Private Limited

Noovocom Advantages Private Limited is audited by PAI NAYAK & ASSOCIATES for the financial year 2022.

NameStatusAppointment DateCessation Date
PAI NAYAK & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Noovocom Advantages Private Limited

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Charges & Borrowings of Noovocom Advantages Private Limited

Noovocom Advantages Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Noovocom Advantages Private Limited

Noovocom Advantages Private Limited has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5.35 Cr; the latest was in October 2020.

Total deals
4
Rights issues
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹5.35 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Oct 2020Rights issue₹3.55 CrInvestors: Manipal Technologies Limited , 3 individuals
Mar 2019Rights issue₹8.44 CrInvestors: Manipal Technologies Limited , 3 individuals
Aug 2018Secondary share transferUndisclosedBuyer: Manipal Technologies Limited
Seller: 2 individuals
May 2017Funding round₹5.35 CrInvestors: Manipal Technologies Limited , an individual
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Noovocom Advantages Private Limited

Employment history and EPFO contributions of people linked to Noovocom Advantages.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Noovocom Advantages Private Limited

Noovocom Advantages has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Angularity Analytics Private LimitedU72200KA2017PTC099645Locked

Showing major subsidiaries. Total: 1.

Recent Activity on Noovocom Advantages Private Limited

Noovocom Advantages Private Limited has 12 board changes on record since 2018: 4 appointments and 8 cessations. The latest: Kirthana Nayak Sujir was appointed as Company Secretary on 20 Dec 2024.

Appointed
Kirthana Nayak Sujir was appointed as Company Secretary.
Ceased
Kirthana Nayak Sujir ceased to be Company Secretary.
AGM
Noovocom Advantages Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Filing
Noovocom Advantages Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Sushma Shekher Poojari ceased to be Company Secretary.
Ceased
Kalsank Kini Umesh ceased to be Additional Director.
Ceased
Tonse Gautham Pai ceased to be Director.
Appointed
Kalsank Kini Umesh was appointed as Director.
Ceased
Renu Lahoti ceased to be Company Secretary.
Ceased
Katapadi Govindraya Subraya Kamath ceased to be Additional Director.
Ceased
Kusum Bala Das ceased to be Additional Director.
Ceased
Manoj Kumar Garga ceased to be Director.

3 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Noovocom Advantages Private Limited

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MSME Payment Delays by Noovocom Advantages Private Limited

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Subsidiaries & Group Companies of Noovocom Advantages Private Limited

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GST Compliance of Noovocom Advantages Private Limited

Noovocom Advantages has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAFCN4714L1Z4KarnatakaActive01 Jul 2017
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Noovocom Advantages Private Limited

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MCA filings and documents

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Frequently Asked Questions about Noovocom Advantages Private Limited

Noovocom Advantages is an active private limited company based in Udupi, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 January 2017 (9+ years old) and is registered under CIN U72900KA2017PTC099305.

Noovocom Advantages reported revenue of ₹1.5 Cr for FY 2025 (up 6% YoY).

Noovocom Advantages has 3 current directors:

Noovocom Advantages reported a net loss of ₹20.98 Cr and EBITDA of -₹20.53 Cr for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Noovocom Advantages is -18% over three years and 70% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Noovocom Advantages is 29AAFCN4714L1Z4, registered in Karnataka.

The CIN (Corporate Identification Number) of Noovocom Advantages is U72900KA2017PTC099305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Noovocom Advantages has 1 court case on record: 1 filed by the company.

Noovocom Advantages was incorporated on 19 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Noovocom Advantages has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5.35 Cr; the latest was in October 2020.

The peers of Noovocom Advantages by revenue are Ebp India Consulting Private Limited, Investire Lex and Audire (OPC) Private Limited, Vivan Business Consultants Private Limited, Whitepaper Solutions Private Limited, Xper One Private Limited and 5 more, all in the same principal business activity (Management consultancy activities).

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