DPIIT recognised startup Government of India
Startup India
Novative Solutions Private Limited
Novative Solutions Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹41,523
▼ 72% YoY
Net loss · FY 2024
₹51.38 Lakh
Latest filing
EBITDA · FY 2024
-₹50.24 Lakh
Latest filing
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Brands
1
Associated brands
About Novative Solutions Private Limited
Data last updated:
Novative Solutions Private Limited is a private limited company based in New Delhi, Delhi, 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 16 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC310596.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Amarpal and Vivek Stanley.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No – 19 Lgf Hemkunt Colony Greater Kailash Part – 1 New Delhi – 110048, Delhi, India – 110048.
As per the financials filed for FY 2024, the company reported a revenue of ₹41,523, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹51.38 Lakh and EBITDA of -₹50.24 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 33% over five years.
The company is associated with 1 brand: Oas36ty.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999DL2017PTC310596
Registration Number 310596
Incorporation Date 16 January 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Novative Solutions
Contact details
Novative Solutions Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No – 19 Lgf Hemkunt Colony Greater Kailash Part – 1 New Delhi – 110048, Delhi, India – 110048
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Novative Solutions Private Limited, buy the company report.
Comprehensive company report
Novative Solutions Private Limited - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Novative Solutions operates one associated brand: Oas36ty. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides cloud-based virtual office automation software. | oas36ty.com |
Business activity
The main business activity of Novative Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
Financials of Novative Solutions Private Limited
FY 2025 filings availableNovative Solutions Private Limited reported revenue of ₹41,523 (down 72% YoY) for FY 2024.
Revenue · FY 2024
₹41,523 ▼ 72%
Net loss · FY 2024
₹51.38 Lakh
EBITDA · FY 2024
-₹50.24 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 72%
3 years · compounded
▼ 3%
5 years · compounded
▼ 33%
EBITDA CAGR growth
1 year
▼ 126%
3 years · compounded
▼ 142%
5 years · compounded
▼ 208%
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 72% fall in the latest year. EBITDA fell 126% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹50.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹51.38 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Novative Solutions Private Limited, buy the company report.
Board of directors of Novative Solutions Private Limited
Novative Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amarpal Also directs: Jagroshna Happy Health Foundation | Director | 16 Jan 2017 | 9 Years 9 Months | Current |
| Vivek Stanley Also directs: Protracked Software Solutions Private Limited | Director | 01 May 2019 | 7 Years 6 Months | Current |
| Dilip Kishorekumar Panjwani | Director | 28 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Novative Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanskrit-Bhoomi Media Private Limited | ₹42,000 (FY 2019) | Mumbai, Maharashtra, India | ||||
| Talent House Services (OPC) Private Limited | ₹42,000 (FY 2020) | -90.0% | Mumbai, Maharashtra, India | |||
| Jkyra Soft Solutions Private Limited | ₹41,956 (FY 2023) | Hyderabad, Telangana, India | ||||
| Numeroseven Technologies Private Limited | ₹41,780 (FY 2024) | -96.0% | Kolkata, West Bengal, India | |||
| Wildcat Digital India Private Limited | ₹41,590 (FY 2019) | 41.0% | Lucknow, Uttar Pradesh, India | |||
| Novative Solutions Private Limitedthis company | ₹41,523 (FY 2024) | -₹51.38 Lakh | -72.0% | New Delhi, Delhi, India | ||
| Mekasu Private Limited | ₹41,500 (FY 2019) | 71.0% | Kanpur, Uttar Pradesh, India | |||
| Insisiv Labs Private Limited | ₹41,482 (FY 2023) | -99.0% | Bangalore, Karnataka, India | |||
| Tinia Technologies Private Limited | ₹41,390 (FY 2020) | -89.0% | Bangalore, Karnataka, India | |||
| Mobcircle Technologies Private Limited | ₹41,378 (FY 2017) | 1534.0% | Bangalore, Karnataka, India | |||
| Xyron Infotech Limited | ₹41,350 (FY 2024) | 35.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Novative Solutions Private Limited, buy the company report.
Shareholding
The shareholding of Novative Solutions Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Novative Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Novative Solutions Private Limited 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 Novative Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Novative Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Novative Solutions Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Dipti Sharma ceased to be Director on 01 Jun 2022.
AGM
Novative Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Novative Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Dipti Sharma ceased to be Director.
Appointed
Dilip Kishorekumar Panjwani was appointed as Director.
Appointed
Vivek Stanley was appointed as Director.
Appointed
Amarpal was appointed as Director.
Appointed
Dipti Sharma was appointed as Director.
Incorporation
16 Jan 2017
Novative Solutions Private Limited was registered on 16 Jan 2017 with Roc Delhi & aged 9 years 9 months as per MCA records.
Frequently asked questions
Novative Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 January 2017 (9+ years old) and is registered under CIN U74999DL2017PTC310596.
Novative Solutions has 3 current directors:
- Amarpal - Director
- Vivek Stanley - Director
- Dilip Kishorekumar Panjwani - Director
The latest financial statements of Novative Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Novative Solutions is U74999DL2017PTC310596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novative Solutions was incorporated on 16 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Novative Solutions by revenue are Sanskrit-Bhoomi Media Private Limited, Talent House Services (OPC) Private Limited, Jkyra Soft Solutions Private Limited, Numeroseven Technologies Private Limited, Wildcat Digital India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Dipti Sharma ceased to be Director on 01 Jun 2022. Dilip Kishorekumar Panjwani was appointed as Director on 28 Apr 2022. Vivek Stanley was appointed as Director on 01 May 2019. Novative Solutions has 5 board changes on record in total.
Yes, Novative Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Novative Solutions is at Plot No – 19 Lgf Hemkunt Colony Greater Kailash Part – 1 New Delhi – 110048, Delhi, India – 110048.
Novative Solutions operates in the information technology industry, in the IT consulting and support services segment.
The compliance status of Novative Solutions is compliant as of 31 August 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages