Novatium Solutions Private Limited - Company Profile

It is a information technology private limited company based in Chingleput, Tamil Nadu, India, established in 2004.
2004 Chingleput, Tamil Nadu, India Active
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About Novatium Solutions Private Limited

Novatium Solutions Private Limited, a active private limited company, was established on 13 October 2004 in Chingleput, Tamil Nadu, India. Engaging in cloud computing & cloud services within the professional, scientific and technical sector, it holds CIN: U72200TN2004PTC054447. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.18 Cr.

It upholds a compliant status. Employing 23 professional, Its leadership includes Rajaneesh Raj Bag (Director), Ritesh Kant (Director), Vijayakumar Somasundaram (Director). Past directors included Uddipan Prasad Bagchi, Saugata Chakrabarti, Karl Henrik Palsson. It holds no open charges and ₹11.50 Cr settled loans. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at 2Nd Floor, Venkateswara Complex, Pilar Kovil Cross Street (Omr), Chingleput, Tamil Nadu, 603103.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72200TN2004PTC054447

  • Registration Number

    054447

  • Incorporation Date

    13 October 2004

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹2.18 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.18 Cr
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 11.50 Cr
  • Revenue Growth **** -0.38%
  • Profit Growth **** 32.47%
  • Ebitda **** 26.59%
  • Net Worth -98.37%
  • Total Assets **** 6.92%
Company report

Novatium Solutions Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Novatium Solutions 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 Novatium Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Rajaneesh Raj Bag Director 24 Nov 2022 Current
Ritesh Kant Director 15 Nov 2017 Current
Vijayakumar Somasundaram Director 19 May 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Apr 2019 Past
Pramod Abcsdd Director 31 Mar 2018 Past
Pramod Abcsdd Director 19 Jun 2017 Past
Pramod Abcsdd Director 21 May 2014 Past
Pramod Abcsdd Managing Director 20 Jul 2020 Past
Pramod Abcsdd Alternate Director 27 Jun 2011 Past

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Financial Performance of Novatium Solutions.

Novatium Solutions Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 0.38% decrease. The company also saw a substantial improvement in profitability, with a 32.47% increase in profit. The company's net worth observed a substantial decline by a decrease of 98.37%.

Novatium Solutions revenue growth over time
Novatium Solutions 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
********
 -0.38%
*******
*******
*******
*******
Revenue from Operations
*******
 -0.97%
*******
*******
*******
*******
Total Assets
*******
 6.92%
*******
*******
*******
*******
Profit or Loss
*******
 32.47%
*******
*******
*******
*******
Net Worth
*******
 -98.37%
*******
*******
*******
*******
EBITDA
*******
 26.59%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Novatium Solutions?

In 2021, Novatium Solutions had a promoter holding of 100.00%. 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

₹115,000,000.00

Charges Breakdown by Lending Institutions
  • Svb India Finance Private Limited : 10.00 Cr
  • Indian Overseas Bank : 1.50 Cr
Latest Charge Details
Date Lender Amount Status
06 Sep 2010 Svb India Finance Private Limited ₹10.00 Cr Satisfied
26 May 2010 Indian Overseas Bank ₹1.50 Cr Satisfied

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How Many Employees Work at Novatium Solutions?

Novatium Solutions has a workforce of 23 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Novatium Solutions, 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 Novatium Solutions'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 Novatium Solutions
Recent Activity within the Organization
  • Director Appointment

    Rajaneesh Raj Bag was appointed as a Director was appointed as a Director on 24 Nov 2022 & has been associated with this company since 3 years 5 months . was recorded as a recent event.

  • Annual General Meeting

    The activity Novatium Solutions Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Novatium Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai. was completed.

  • Director Appointment

    Ritesh Kant was appointed as a Director was appointed as a Director on 15 Nov 2017 & has been associated with this company since 8 years 6 months . was recorded as a recent event.

  • Director Appointment

    Vijayakumar Somasundaram was appointed as a Director was appointed as a Director on 19 May 2017 & has been associated with this company since 9 years 2 days . was recorded as a recent event.

  • Charges

    A charge registered on 26 May 2010 via Charge ID 10221324 with Indian Overseas Bank was fully satisfied on 19 Dec 2016. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Novatium Solutions Private Limited?

The CIN of Novatium Solutions Private Limited is U72200TN2004PTC054447.

Where is Novatium Solutions Private Limited headquartered?

Novatium Solutions Private Limited is headquartered at 2Nd Floor, Venkateswara Complex, Pilar Kovil Cross Street (Omr), Chingleput, Tamil Nadu, 603103.

When was Novatium Solutions Private Limited incorporated?

Novatium Solutions Private Limited was incorporated on 13 October 2004.

Who are the current directors of Novatium Solutions Private Limited?

The current directors of Novatium Solutions Private Limited are

What is the primary industry of Novatium Solutions Private Limited?

The primary industry of Novatium Solutions Private Limited is Professional, Scientific And Technical.

Is Novatium Solutions Private Limited a listed company?

Novatium Solutions Private Limited is unlisted.

What is the capital structure of Novatium Solutions Private Limited?

The authorized capital of Novatium Solutions Private Limited is ₹3.00 Cr, and the paid-up capital is ₹2.18 Cr.

What is the compliance status of Novatium Solutions Private Limited?

The compliance status of Novatium Solutions Private Limited is Compliant.

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