Nova Business Solutions India Limited
About Nova Business Solutions India Limited
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Nova Business Solutions India Limited is a public limited company based in Secunderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 December 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2000PLC035856.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹68.83 Lakh. It is led by directors including Devasena Griddaluru and Sailaja Chellay.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Secunderabad, Telangana.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.27 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹10,193 (net margin 8.1%) and EBITDA of -₹63,400 (EBITDA margin -50.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹9.5 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Nova Business Solutions India has one previous CIN (Corporate Identification Number): U72200AP2000PLC035856. The current CIN is U72200TG2000PLC035856, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2000PLC035856 | Current |
| U72200AP2000PLC035856 | Previous |
Contact details
Nova Business Solutions India Limited's registered office is in Secunderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No.201 12 – 5 – 149/14/8/A Welcome Court Apts Vijayapuri Colony South Lalaguda Tarnak, A, Secunderabad, Telangana, India – 500017
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nova Business Solutions India 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
Financials of Nova Business Solutions India Limited
FY 2024 filings availableNova Business Solutions India Limited reported revenue of ₹1.27 Lakh (up 10% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 10% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.27 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹63,400 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10,193 | ||||
| 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -50.1% | ||||
| Net Profit Margin | 8.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Nova Business Solutions India Limited, buy the company report.
Board of directors of Nova Business Solutions India Limited
Nova Business Solutions India has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devasena Griddaluru Also directs: Lean Kaizen Private Limited | Director | 21 Feb 2022 | 4 Years 8 Months | Current |
| Sailaja Chellay Also directs: Srisikhara Agro Products Private Limited | Director | 21 Feb 2022 | 4 Years 8 Months | Current |
| Vijayakumar Chellay | Director | 21 Feb 2022 | 4 Years 8 Months | Current |
| Tataji Mallu | Director | 20 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Nova Business Solutions India Limited is audited by M N RAO & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M N RAO & ASSOCIATES | FY 2021 | 005386S |
Shareholding
The shareholding of Nova Business Solutions India Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nova Business Solutions India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2005 | 90260196 | Union Bank of India | ₹9.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Nova Business Solutions India Limited has 1 court case on record: 1 filed by Nova Business Solutions India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Nova Business Solutions India 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
No delayed payments to MSME suppliers are on our record for Nova Business Solutions India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nova Business Solutions India Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nova Business Solutions India Limited has 10 board changes on record since 2019: 4 appointments and 6 cessations. The latest: Tataji Mallu was appointed as Director on 20 Oct 2023.
2 earlier events are in the company report.
Frequently asked questions
Nova Business Solutions India is an active public limited company based in Secunderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 December 2000 (26+ years old) and is registered under CIN U72200TG2000PLC035856.
Nova Business Solutions India has 4 current directors:
- Devasena Griddaluru - Director
- Sailaja Chellay - Director
- Vijayakumar Chellay - Director
- Tataji Mallu - Director
The latest financial statements of Nova Business Solutions India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nova Business Solutions India is U72200TG2000PLC035856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nova Business Solutions India has 1 court case on record: 1 filed by the company.
Nova Business Solutions India was incorporated on 12 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Hyderabad.
Tataji Mallu was appointed as Director on 20 Oct 2023. Devasena Griddaluru was appointed as Director on 21 Feb 2022. Jyothirmai Gundavajjula ceased to be Director on 21 Feb 2022. Nova Business Solutions India has 10 board changes on record in total.
The registered office of Nova Business Solutions India is at Flat No.201 12 – 5 – 149148A Welcome Court Apts Vijayapuri Colony South Lalaguda Tarnak, A, Secunderabad, Telangana, India – 500017.
Nova Business Solutions India operates in the information technology industry, in the IT consulting and support services segment.
Nova Business Solutions India has open charges of ₹9.5 Lakh and no satisfied charges on record as per latest MCA filings.
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