Startup India Government of India
Novaders LLP - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹60.67 Lakh
▲ 1% YoY
Net loss · FY 2019
₹13.08 Lakh
Net margin -21.6%
EBITDA · FY 2019
₹61.17 Lakh
EBITDA margin 100.8%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹80 Lakh
Secured borrowings
LLP age
9 yrs
Est. 2017
Employees · EPFO
17
Provident fund records
Designated partners
3
As per MCA filings
About Novaders LLP
Data last updated:
Novaders LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 January 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAI-3495. Its GSTIN is 29AANFN6588K1Z8 (Karnataka).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Ranjitha Bangalore Nataraja and Abhay Naveen.
Its latest statement of accounts is for the year ended 31 March 2022. The registered office is at #99 1st Main 1st Cross 4th Stage Beml Layout Rajarajeshwari Nagar, Bangalore, Karnataka, India – 560098.
As per the financials filed for FY 2019, the LLP reported a revenue of ₹60.67 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹13.08 Lakh (net margin -21.6%) and EBITDA of ₹61.17 Lakh (EBITDA margin 100.8%).
The LLP has about 17 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Novaders. As per MCA filings, the LLP has open charges of ₹80 Lakh on record.
For more details, the LLP can be reached via its website novaders.com.
Company details
LLPIN AAI-3495
Incorporation Date 23 January 2017
Total Obligation of Contribution ₹1 Lakh
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2023
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
Key People
Ranjitha Bangalore Nataraja Designated Partner Abhay Naveen Designated Partner Mallekav Subbarayachar Shantha Designated Partner Recognitions & Rankings of Novaders
Contact details
Novaders LLP's registered office is in Bangalore, Karnataka. Its website is novaders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#99 1st Main 1st Cross 4th Stage Beml Layout Rajarajeshwari Nagar, Bangalore, Karnataka, India – 560098
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Novaders LLP, buy the company report.
Comprehensive company report
Novaders LLP - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Novaders operates one associated brand: Novaders. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT services, AI development, web apps, IoT solutions, and cloud expertise. | novaders.com |
Financials of Novaders LLP
FY 2022 filings availableNovaders LLP reported revenue of ₹60.67 Lakh (up 1% YoY) for FY 2019.
Revenue · FY 2019
₹60.67 Lakh ▲ 1%
Net loss · FY 2019
₹13.08 Lakh margin -21.6%
EBITDA · FY 2019
₹61.17 Lakh margin 100.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
Revenue rose 1% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | |||
| Other Income | |||
| Total Income | ₹60.67 Lakh | ||
| Purchases and Direct Costs | |||
| Personnel Expenses | |||
| Administrative Expenses | |||
| Interest | |||
| Depreciation | |||
| Total Expenses | |||
| Profit Before Tax | |||
| Tax | |||
| Profit After Tax | -₹13.08 Lakh | ||
| Profit Transferred to Partners | |||
| Assets and Liabilities | |||
| Partners' Contribution | |||
| Reserves and Surplus | |||
| Secured Loans | |||
| Unsecured Loans | |||
| Trade Payables | |||
| Other Liabilities and Provisions | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Loans and Advances | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Statement of Account and Solvency | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | -21.6% | ||
| Return on Partners' Funds | |||
| Return on Assets | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Debt to Partners' Funds | |||
| Interest Coverage | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Turnover Growth | |||
| Profit Growth | |||
To see the full financial statements and ratios of Novaders LLP, buy the company report.
Designated partners of Novaders LLP
Novaders has 3 designated partners on record. No former designated partners are listed.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjitha Bangalore Nataraja | Designated Partner | 23 Jan 2017 | 9 Years 9 Months | Current |
| Abhay Naveen | Designated Partner | 23 Jan 2017 | 9 Years 9 Months | Current |
| Mallekav Subbarayachar Shantha | Designated Partner | 23 Jan 2017 | 9 Years 9 Months | Current |
Auditor
Novaders LLP is audited by C N & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N & CO | FY 2019 | 017336S |
Charges & borrowings
Open charges
₹80 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2024 | 101171047 | Idfc First Bank Limited | ₹80 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Novaders LLP 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 Novaders LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Novaders LLP has a workforce of 18 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
5.88%
GST
Novaders has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANFN6588K1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novaders LLP, buy the company report.
Recent activity
Novaders LLP has 3 designated partner changes on record since 2017: 3 appointments. The latest: Abhay Naveen was appointed as Designated Partner on 23 Jan 2017.
Charges
A charge with Idfc First Bank Limited amounted to Rs. 80.00 Lakh with Charge ID 101171047 was registered on 17 Aug 2024.
AGM
Novaders Llp last Annual general meeting of members was held on 31 Mar 2023 as per latest MCA records.
Filing
Novaders Llp has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Appointed
Abhay Naveen was appointed as Designated Partner.
Appointed
Mallekav Subbarayachar Shantha was appointed as Designated Partner.
Appointed
Ranjitha Bangalore Nataraja was appointed as Designated Partner.
Incorporation
23 Jan 2017
Novaders Llp was registered on 23 Jan 2017 with Roc Bangalore & aged 9 years 9 months as per MCA records.
Frequently asked questions
Novaders is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in IT consulting and support services, within the information technology industry. It was incorporated on 23 January 2017 (9+ years old) and is registered under LLPIN AAI-3495.
Novaders has 3 current designated partners:
- Ranjitha Bangalore Nataraja - Designated Partner
- Abhay Naveen - Designated Partner
- Mallekav Subbarayachar Shantha - Designated Partner
The latest financial statements of Novaders on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 March 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Novaders is 29AANFN6588K1Z8, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Novaders is AAI-3495. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Novaders was incorporated on 23 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Abhay Naveen was appointed as Designated Partner on 23 Jan 2017. Mallekav Subbarayachar Shantha was appointed as Designated Partner on 23 Jan 2017. Ranjitha Bangalore Nataraja was appointed as Designated Partner on 23 Jan 2017.
Yes, Novaders is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Novaders can be reached through the website novaders.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Novaders is at #99 1st Main 1st Cross 4th Stage Beml Layout Rajarajeshwari Nagar, Bangalore, Karnataka, India – 560098.