About Novatree E-Solutions Private Limited
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Novatree E-Solutions Private Limited was a private limited company based in Thakurpukur, West Bengal, 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 May 2011.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U72200WB2011PTC162510. Its GSTIN is 19AADCN9468M1ZK (West Bengal).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ashok Kumar Agarwal and Ankur Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 171 M.G.Road, Thakurpukur, West Bengal, India – 700063.
As per the financials filed for FY 2024, the company reported a revenue of ₹21,095, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹1,908 (net margin 9%) and EBITDA of ₹3,248 (EBITDA margin 15.4%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 67% over five years.
The company was associated with 1 brand: Novatree.
The last known website on record is novatree.com.
Company details
Contact details
Novatree E-Solutions Private Limited's registered office is in Thakurpukur, West Bengal. Its website is novatree.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address171 M.G.Road, Thakurpukur, West Bengal, India – 700063
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Novatree E-Solutions Private Limited, buy the company report.
- 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
Brands
Novatree E-Solutions operates one associated brand: Novatree. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive web and mobile application development, hosting, SEO, and related services. | novatree.com |
Business activity
The main business activity of Novatree E-Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Novatree E-Solutions Private Limited, buy the company report.
Financials of Novatree E-Solutions Private Limited
FY 2024 filings availableNovatree E-Solutions Private Limited reported revenue of ₹21,095 (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years, including a 99% fall in the latest year. EBITDA fell 100% 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 |
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| EBITDA | ₹3,248 | ||||
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| Net Profit (PAT) | ₹1,908 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 15.4% | ||||
| Net Profit Margin | 9% | ||||
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To see the full financial statements and ratios of Novatree E-Solutions Private Limited, buy the company report.
Board of directors of Novatree E-Solutions Private Limited
Novatree E-Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Agarwal Also directs: Apollo Medi-Services Pvt. Ltd. | Director | 11 May 2011 | 15 Years 5 Months | As last reported |
| Ankur Agarwal Also directs: Apollo Medi-Services Pvt. Ltd. | Director | 11 May 2011 | 15 Years 5 Months | As last reported |
Peer comparison
Novatree E-Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anuttama Tradecom Private Limited | ₹21,500 (FY 2016) | -97.0% | Kolkata, West Bengal, India | |||
| Divaspati Infosoft Private Limited | ₹21,500 (FY 2016) | -14.0% | Kolkata, West Bengal, India | |||
| Pashupati Innovative Solutions Private Limited | ₹21,448 (FY 2025) | -99.0% | New Delhi, Delhi, India | |||
| Power Chorrd Private Limited | ₹21,435 (FY 2018) | -79.0% | Mumbai, Maharashtra, India | |||
| Iskcon Industrial Consultancy Private Limited | ₹21,300 (FY 2023) | 204.0% | Delhi, India | |||
| Novatree E-Solutions Private Limitedthis company | ₹21,095 (FY 2024) | ₹1,908 | 9% | -99.0% | Thakurpukur, West Bengal, India | |
| Tranquil Tales Teahouse Private Limited | ₹21,090 (FY 2024) | Noida, Uttar Pradesh, India | ||||
| Target to Wealth Private Limited | ₹21,020 (FY 2021) | Delhi, India | ||||
| Kamaldhan Exim Private Limited | ₹21,000 (FY 2016) | 8.0% | Kolkata, West Bengal, India | |||
| Rightmove Sustainability Solutions Private Limited | ₹20,850 (FY 2024) | Ranchi, Jharkhand, India | ||||
| SSNK Srimanakshi Services Private Limited | ₹20,844 (FY 2025) | -62.0% | Dinara, Bihar, India |
To see the full peer comparison of Novatree E-Solutions Private Limited, buy the company report.
Auditor
Novatree E-Solutions Private Limited is audited by JAUHARI SANJAY & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAUHARI SANJAY & CO | FY 2020 | 326166E |
Shareholding
The shareholding of Novatree E-Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Novatree E-Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Novatree E-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 Novatree E-Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novatree E-Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCN9468M1ZK | West Bengal | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of Novatree E-Solutions Private Limited, buy the company report.
Recent activity
Novatree E-Solutions Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Ankur Agarwal was appointed as Director on 11 May 2011.
Frequently asked questions
Novatree E-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.
Novatree E-Solutions was a private limited company based in Thakurpukur, West Bengal, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 11 May 2011 and is registered under CIN U72200WB2011PTC162510. The company has been struck off by the Registrar of Companies and is no longer operational.
Novatree E-Solutions had 2 directors:
- Ashok Kumar Agarwal - Director
- Ankur Agarwal - Director
The CIN (Corporate Identification Number) of Novatree E-Solutions is U72200WB2011PTC162510. 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 Novatree E-Solutions is at 171 M.G.Road, Thakurpukur, West Bengal, India – 700063.
Novatree E-Solutions was incorporated on 11 May 2011. It is registered with the Registrar of Companies, Kolkata.
Novatree E-Solutions can be reached through the website novatree.com. Its registered office is in Thakurpukur, West Bengal, India.
The latest financial statements of Novatree E-Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Novatree E-Solutions is 19AADCN9468M1ZK, registered in West Bengal.
Novatree E-Solutions operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
The peers of Novatree E-Solutions by revenue are Anuttama Tradecom Private Limited, Divaspati Infosoft Private Limited, Pashupati Innovative Solutions Private Limited, Power Chorrd Private Limited, Iskcon Industrial Consultancy Private Limited and 5 more, all in the same principal business activity (management consultancy activities).