About Novanext Technology Solutions Private Limited
Data last updated:
Novanext Technology Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 IT solutions segment of the software and technology sector. It was incorporated on 29 March 2017.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2017PTC115776. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It was led by directors Santhosh Murugesan and Sangeetha Shabeer.
Its last annual general meeting (AGM) was held on 27 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at No.6 3rd Street Balaji Nagar Royapettah, Chennai, Tamil Nadu, India – 600014.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.4 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8,884 (net margin -2%) and EBITDA of -₹78,397 (EBITDA margin -17.8%).
The last known website on record is novanextec.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.6 3rd Street Balaji Nagar Royapettah, Chennai, Tamil Nadu, India – 600014
- IndustrySoftware, Software Development, Software Publishing
- 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
- One PDF report, delivered after checkout
Business Activity of Novanext Technology Solutions Private Limited
The main business activity of Novanext Technology Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Novanext Technology Solutions Private Limited FY 2020 filings available
Novanext Technology Solutions Private Limited reported revenue of ₹4.4 Lakh (up 954% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Novanext Technology Solutions Private Limited
Revenue rose 954% in the latest year. EBITDA rose 60% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Novanext Technology Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹78,397 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8,884 | •••• | •••• | •••• |
| 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 of Novanext Technology Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -17.8% | •••• | •••• | •••• |
| Net Profit Margin | -2% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Novanext Technology Solutions are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Novanext Technology Solutions Private Limited
Novanext Technology Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srishti Ecommerce Networks Private Limited | ₹4.41 Lakh (FY 2024) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Chalett Infrastructure Solutions Private Limited | ₹4.41 Lakh (FY 2024) | •••• | •••• | •••• | Thiruvananthapuram, Kerala, India | |
| Credibilis Solutions Private Limited | ₹4.41 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Deoghar, Jharkhand, India |
| Moreway Global Research Private Limited | ₹4.41 Lakh (FY 2023) | •••• | •••• | •••• | Delhi, India | |
| St Logitrack (Chennai) Private Limited | ₹4.4 Lakh (FY 2025) | •••• | •••• | 88.0% | •••• | Thanjavur, Tamil Nadu, India |
| Novanext Technology Solutions Private Limited this company | ₹4.4 Lakh (FY 2020) | •••• | •••• | 954.0% | •••• | Chennai, Tamil Nadu, India |
| Secaudi Ventures Private Limited | ₹4.4 Lakh (FY 2023) | •••• | •••• | -48.0% | •••• | Haridwar, Uttarakhand, India |
| Apt Thermal Engineers Private Limited | ₹4.4 Lakh (FY 2017) | •••• | •••• | -79.0% | •••• | Kolkata, West Bengal, India |
| Ruchira Consultants and Capital Services Private Limited | ₹4.4 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Mosaic Export and Import Private Limited (Transfered From Up) | ₹4.4 Lakh (FY 2025) | •••• | •••• | 56.0% | •••• | New Delhi, Delhi, India |
| GKR Elevator Private Limited | ₹4.4 Lakh (FY 2018) | •••• | •••• | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Novanext Technology Solutions by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Novanext Technology Solutions Private Limited
Novanext Technology Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santhosh Murugesan | Director | 29 Mar 2017 | 9 Years 6 Months | As last reported |
| Sangeetha Shabeer | Director | 29 Mar 2017 | 9 Years 6 Months | As last reported |
Ownership and Shareholding of Novanext Technology Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Novanext Technology Solutions Private Limited
Novanext Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Novanext Technology Solutions Private Limited
Employment history and EPFO contributions of people linked to Novanext Technology Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Novanext Technology Solutions Private Limited
Novanext Technology Solutions Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Sangeetha Shabeer was appointed as Director on 29 Mar 2017.
Credit Ratings, Litigation & Regulatory Alerts for Novanext Technology Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Novanext Technology Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Novanext Technology Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Novanext Technology Solutions Private Limited
Novanext Technology Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Novanext Technology Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Novanext Technology Solutions Private Limited
Novanext Technology Solutions 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.
Novanext Technology Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in software development, within the software industry. It was incorporated on 29 March 2017 and is registered under CIN U72200TN2017PTC115776. The company has been struck off by the Registrar of Companies and is no longer operational.
Novanext Technology Solutions had 2 directors:
- Santhosh Murugesan - Director
- Sangeetha Shabeer - Director
The CIN (Corporate Identification Number) of Novanext Technology Solutions is U72200TN2017PTC115776. 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 Novanext Technology Solutions is at No.6 3rd Street Balaji Nagar Royapettah, Chennai, Tamil Nadu, India – 600014.
Novanext Technology Solutions was incorporated on 29 March 2017. It is registered with the Registrar of Companies, Chennai.
Novanext Technology Solutions can be reached through the website novanextec.com. Its registered office is in Chennai, Tamil Nadu, India.
Novanext Technology Solutions reported revenue of ₹4.4 Lakh for FY 2020 (up 954% YoY).
Novanext Technology Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000.
Novanext Technology Solutions reported a net loss of ₹8,884 (net margin -2%) and EBITDA of -₹78,397 (EBITDA margin -17.8%) for FY 2020, as per its filed financial statements.
No. Novanext Technology Solutions has 1 GST registration on record and it is cancelled or inactive.