Novanet India Private Limited - Company Profile

It is a telecom private limited company based in Mumbai, Maharashtra, India, established in 1997.
1997 Mumbai, Maharashtra, India Active
Last Updated:
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About Novanet India Private Limited

Novanet India Private Limited, a active private limited company, was established on 18 November 1997 in Mumbai, Maharashtra, India. Engaging in isp & broadband services within the information and communication sector, it holds CIN: U72200MH1997PTC111950. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.65 M.

Formerly known as Novanet Technologies Private Limited, Novanet Technologies Limited. It upholds a compliant status. Its leadership includes Sunil Kumar Pachar (Whole-Time Director), Mangesh Bablya Karshinkar (Director). Past directors included Shailesh Chatarsingh Tyagi, Gladys Tyagi, Mohd Yasin Usman Latiwala. It holds no open charges and ₹2.10 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at El Tara Building No 10, Office No 302, Third Floor Hiranandani Gardens, Powai, Mumbai, Maharashtra, 400076.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U72200MH1997PTC111950

  • Registration Number

    111950

  • Incorporation Date

    18 November 1997

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.65 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.65 M
  • Company Age 28 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 2.10 Cr
  • Revenue Growth **** -99.45%
  • Profit Growth **** -147.28%
  • Ebitda **** -159.29%
  • Net Worth -42.79%
  • Total Assets -59.05%
Company report

Novanet India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Novanet India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Novanet India Private Limited?
Current Directors
Name Designation Appointment Date Status
Sunil Kumar Pachar Whole-Time Director 18 Mar 2011 Current
Mangesh Bablya Karshinkar Director 21 Apr 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 25 Jul 2015 Past
Pramod Abcsdd Whole-Time Director 01 Apr 2017 Past
Pramod Abcsdd Director 25 Mar 2011 Past
Pramod Abcsdd Director 11 Aug 2016 Past
Pramod Abcsdd Director 25 Mar 2011 Past
Pramod Abcsdd Director 10 Jun 2015 Past

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Financial Performance of Novanet India.

Novanet India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 99.45% decrease. The company also saw a substantial fall in profitability, with a 147.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 42.79%.

Novanet India revenue growth over time
Novanet India profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -99.45%
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Revenue from Operations
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Total Assets
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 -59.05%
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Profit or Loss
*******
 -147.28%
*******
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Net Worth
*******
 -42.79%
*******
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*******
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EBITDA
*******
 -159.29%
*******
*******
*******
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What is the Ownership and Shareholding Structure of Novanet India?

In 2021, Novanet India had a promoter holding of 99.94% and a public holding of 0.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹21,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 2.10 Cr
Latest Charge Details
Date Lender Amount Status
31 Jul 2009 Hdfc Bank Limited ₹2.10 Cr Satisfied

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How Many Employees Work at Novanet India?

Unlock and access historical data on people associated with Novanet India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Novanet India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Novanet India's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Novanet India
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Novanet India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Novanet India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Progress on Mangesh Bablya Karshinkar was appointed as a Director was appointed as a Director on 21 Apr 2023 & has been associated with this company since 2 years 10 months . was documented.

  • Charges

    A charge registered on 31 Jul 2009 via Charge ID 10173038 with Hdfc Bank Limited was fully satisfied on 11 May 2016. was recorded as a recent event.

  • Director Appointment

    The activity Sunil Kumar Pachar was appointed as a Whole-time director was appointed as a Whole-time director on 18 Mar 2011 & has been associated with this company since 14 years 11 months . was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.10 Cr with Charge ID 10173038 was registered on 31 Jul 2009. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Novanet India Private Limited?

The CIN of Novanet India Private Limited is U72200MH1997PTC111950.

Where is Novanet India Private Limited headquartered?

Novanet India Private Limited is headquartered at El Tara Building No 10, Office No 302, Third Floor Hiranandani Gardens, Powai, Mumbai, Maharashtra, 400076.

When was Novanet India Private Limited incorporated?

Novanet India Private Limited was incorporated on 18 November 1997.

Who are the current directors of Novanet India Private Limited?

The current directors of Novanet India Private Limited are

What is the primary industry of Novanet India Private Limited?

The primary industry of Novanet India Private Limited is Information And Communication.

Is Novanet India Private Limited a listed company?

Novanet India Private Limited is unlisted.

What is the capital structure of Novanet India Private Limited?

The authorized capital of Novanet India Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.65 M.

What is the compliance status of Novanet India Private Limited?

The compliance status of Novanet India Private Limited is Compliant.

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