About Novac Technology Solutions Private Limited
Data last updated: 05 January 2026
Novac Technology Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Shriram Value Services Limited. It specialises in cloud computing and cloud services, a part of the broader technology and IT services sector. Incorporated on 04 May 2018, the company has been in operation for over 8 years.
Registered with ROC Chennai under CIN U72100TN2018PTC122516.
Capital: an authorised share capital of ₹32 Cr and a paid-up capital of ₹30.32 Cr. Formerly known as Shriram Tech Services Private Limited. It is led by directors including Ajay Thomas John and Rangasami Seshadri.
Last AGM: 28 August 2025. Financial statements filed for year ended 31 March 2025. Office: The Pavilion New No 10 13 And 100, Abhiramapuram 4Th Street Ttk Road Alwarpet Chennai 600018, Tamil Nadu, India – 600018.
As per the financials filed for FY 2025, the company reported a revenue of ₹320.98 Cr, a growth of 5% compared to the previous year.
The company has a workforce of approximately 3,735 employees as per the latest available data. It operates as a subsidiary of Shriram Value Services Limited. Its group structure includes 1 subsidiary.
The company is associated with 2 brands - Novactech, Novac Technology Solutions. As per MCA filings, the company has open charges of ₹42.01 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novactech.in.
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Registered AddressThe Pavilion New No 10 13 And 100, Abhiramapuram 4Th Street Ttk Road Alwarpet Chennai 600018, Tamil Nadu, India – 600018
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IndustryInformation Technology, Cloud Computing & Cloud Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Novac Technology Solutions Private Limited
Novac Technology Solutions Private Limited has one previous CIN (Corporate Identification Number): U93000TN2018PTC122516. The current CIN is U72100TN2018PTC122516, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100TN2018PTC122516 | Current |
| U93000TN2018PTC122516 | Previous |
Associated Brands with Novac Technology Solutions Private Limited
Novac Technology Solutions Private Limited operates two associated brands: NovacTech and Novac Technology Solutions. These brands represent Novac Technology Solutions Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers digital transformation, cloud solutions, and sector-specific services for enterprises. | novactech.com | |
| Digital transformation and cloud solutions are provided in sectors like FinTech, InsurTech, and Digital Learning. | novactech.in |
Competitors & Alternatives of Novac Technology Solutions Private Limited
Brands and companies operating in the same space as Novac Technology Solutions Private Limited include FintechOS, Socotra, Tinubu and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
FintechOS
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AI-based software suite is provided for banking and insurance sectors. | London, United Kingdom, United Kingdom | 2017 |
Socotra
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Cloud-based solutions for insurance policy management and underwriting are offered. | San Francisco, United States, United States | 2014 |
Tinubu
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Cloud-based software solutions for credit insurers, surety bonds & trade finance | Moulineaux, France, France | 2000 |
ReSource Pro
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Insurance policy and claim management solutions for the insurance industry | New York, United States, United States | 2003 |
Riskcovry
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A platform for digital insurance distribution and management is provided. | Mumbai, India, India | 2018 |
Keylane
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Cloud-based life and non-life insurance platform for the insurance and pension industry | Utrecht, Netherlands, Netherlands | 1986 |
Novidea
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Agency management platform for insurance brokers and agents is offered. | Milwaukee, United States, United States | 2009 |
eBaoTech
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Cloud-based insurance software suites are developed for insurers and partners. | Singapore, Singapore, Singapore | 2000 |
Xceedance
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Provides operations, technology, and data services to insurers worldwide. | Bermuda | 2013 |
Business Activity of Novac Technology Solutions Private Limited
Novac Technology Solutions Private Limited is engaged in the principal business activity of information and communication, with detailed activities including computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details for Novac Technology Solutions Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Novac Technology Solutions Private Limited
Novac Technology Solutions Private Limited is audited by For Sundar Srini & Sridhar Chartered Accountants for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| For Sundar Srini & Sridhar Chartered Accountants | Locked | Locked | Locked |
Complete auditor history for Novac Technology Solutions Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Novac Technology Solutions Private Limited
Novac Technology Solutions Private Limited is currently managed by 5 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Thomas John | Director | 29 Nov 2021 | 4 Years 7 Months | Current |
| Rangasami Seshadri | Director | 20 Jan 2025 | 1 Years 6 Months | Current |
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Mahesh Chandrasekhara Menon
Also directs:
Envestor Ventures Private Limited, S10 Technologies Private Limited, S10 Healthcare Solutions Private Limited and 2 more
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Director | 04 May 2018 | 8 Years 2 Months | Current |
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Vani Narayanan
Also directs:
Shriram Value Services Limited, Shriram Trustees Limited
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Director | 02 Apr 2019 | 7 Years 3 Months | Current |
| Nanda Kishore Sesha Narayanam | Managing Director | 04 May 2018 | 8 Years 2 Months | Current |
Financials of Novac Technology Solutions Private Limited FY 2025 filings available
Novac Technology Solutions Private Limited reported revenue of ₹320.98 Cr (up 5.00% YoY) for FY 2025.
Ten-year financial statements for Novac Technology Solutions Private Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Novac Technology Solutions Private Limited
Shareholding and ownership data for Novac Technology Solutions Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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- Historical changes
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Group Structure of Novac Technology Solutions Private Limited
Novac Technology Solutions Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Novac Technology Solutions Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Novac Digital Services Private Limited | U72900TN2019PTC126739 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Novac Technology Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2025 | Hdfc Bank Limited | ₹3.2 Cr | Open |
| 05 May 2025 | Others | ₹5.5 Cr | Open |
| 20 Jun 2024 | Others | ₹14.15 Cr | Open |
| 20 Jun 2024 | Others | ₹4.16 Cr | Open |
| 01 Mar 2023 | Others | ₹10 Cr | Open |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Novac Technology Solutions Private Limited
Novac Technology Solutions Private Limited has a workforce of 3,735 employees as of Apr 04, 2024.
Employee and EPFO history for Novac Technology Solutions Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Novac Technology Solutions Private Limited
GST registrations and filing compliance for Novac Technology Solutions Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Novac Technology Solutions Private Limited
Credit ratings, litigation, and regulatory alerts for Novac Technology Solutions Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Novac Technology Solutions Private Limited
MSME payment history for Novac Technology Solutions Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Novac Technology Solutions Private Limited
Corporate group structure for Novac Technology Solutions Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
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MCA Filings & Documents of Novac Technology Solutions Private Limited
MCA filings and documents for Novac Technology Solutions Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Novac Technology Solutions Private Limited
Recent News on Novac Technology Solutions Private Limited
Frequently Asked Questions about Novac Technology Solutions Private Limited
Novac Technology Solutions Private Limited is an active private limited company in the information technology sector based in Chennai, Tamil Nadu, India. It was incorporated on 04 May 2018 (8+ years old) and is registered under CIN U72100TN2018PTC122516. The company has 3,735 employees.
Novac Technology Solutions Private Limited reported revenue of ₹320.98 Cr for FY 2025 (up 5.00% YoY).
The current directors of Novac Technology Solutions Private Limited are:
- Ajay Thomas John - Director
- Rangasami Seshadri - Director
- Mahesh Chandrasekhara Menon - Director
- Vani Narayanan - Director
- Nanda Kishore Sesha Narayanam - Managing Director
The primary industry of Novac Technology Solutions Private Limited is information technology. The company specifically operates in cloud computing and cloud services. The company is currently active in this sector.
Novac Technology Solutions Private Limited can be reached at the registered office: The Pavilion New No 10 13 And 100, Abhiramapuram 4Th Street Ttk Road Alwarpet Chennai 600018, Tamil Nadu, India – 600018, or through the website novactech.in.
The authorised capital is ₹32 Cr, and the paid-up capital is ₹30.32 Cr.