Nova Technosys Private Limited
About Nova Technosys Private Limited
Data last updated:
Nova Technosys Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 29 August 2006.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC040335. Its GSTIN is 29AACCN3577C1ZF (Karnataka).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ramamoorthy Kalaimani and Ashwin Ramamoorthy.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 729 8th Cross 11th Main Hal II Stage, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2019, the company reported a revenue of ₹75,000, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹8.82 Lakh and EBITDA of -₹8.7 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 57% over five years.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Nova Technosys Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address729 8th Cross 11th Main Hal II Stage, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Nova Technosys 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
Business activity
The main business activity of Nova Technosys is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Nova Technosys Private Limited, buy the company report.
Financials of Nova Technosys Private Limited
FY 2019 filings availableNova Technosys Private Limited reported revenue of ₹75,000 (down 98% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 98% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹75,000 | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹8.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.82 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
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| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Nova Technosys Private Limited, buy the company report.
Board of directors of Nova Technosys Private Limited
Nova Technosys has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Ramamoorthy | Additional Director | 13 Jun 2019 | 7 Years 4 Months | As last reported |
| Ramamoorthy Kalaimani | Director | 29 Aug 2006 | 20 Years 2 Months | As last reported |
Auditor
Nova Technosys Private Limited is audited by HARISHA AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISHA AND ASSOCIATES | FY 2019 | 010237S |
Shareholding
The shareholding of Nova Technosys Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Nova Technosys Private Limited, buy the company report.
Legal cases
Nova Technosys Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Ms KLG Systel Ltd. | Disposed |
To see the full case history of Nova Technosys Private 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 Technosys Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nova Technosys has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN3577C1ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nova Technosys Private Limited, buy the company report.
Recent activity
Nova Technosys Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Ashwin Ramamoorthy was appointed as Additional Director on 13 Jun 2019.
Frequently asked questions
Nova Technosys has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Nova Technosys was a private limited company based in Bangalore, Karnataka, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 29 August 2006 and is registered under CIN U72200KA2006PTC040335. The company has been struck off by the Registrar of Companies and is no longer operational.
Nova Technosys had 2 directors:
- Ashwin Ramamoorthy - Additional Director
- Ramamoorthy Kalaimani - Director
The CIN (Corporate Identification Number) of Nova Technosys is U72200KA2006PTC040335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nova Technosys is at 729 8th Cross 11th Main Hal II Stage, Bangalore, Karnataka, India – 560038.
Nova Technosys was incorporated on 29 August 2006. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Nova Technosys on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Nova Technosys is 29AACCN3577C1ZF, registered in Karnataka.
Nova Technosys operated in the information technology industry, in the software development and support services segment. It worked in this industry before it was struck off.
Nova Technosys has 1 court case on record: 1 filed against it.
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