About Novatron Broadband Private Limited
Data last updated:
Novatron Broadband 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 computer segment of the electronics sector. It was incorporated on 23 June 2000.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U29309TN2000PTC079337. Its GSTIN is 33AABCN1040M1ZS (Tamil Nadu). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹55.69 Lakh. It was led by directors including Maganti Venkateswara Rao (Managing Director) and Balasubramanian (Whole-Time Director).
Its last annual general meeting (AGM) was held on 05 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Suite B Alsa Deer Park No 108 Velachery Main Road Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.48 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.14 Cr (net margin 32.7%) and EBITDA of -₹91.29 Lakh (EBITDA margin -26.2%). Revenue has grown at a compounded annual rate (CAGR) of 178% over three years.
Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is novatron.in.
Company details
CIN history
Novatron Broadband has one previous CIN (Corporate Identification Number): U29309AP2000PTC034746. The current CIN is U29309TN2000PTC079337, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29309TN2000PTC079337 | Current |
| U29309AP2000PTC034746 | Previous |
Contact details
Novatron Broadband Private Limited's registered office is in Chennai, Tamil Nadu. Its website is novatron.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSuite B Alsa Deer Park No 108 Velachery Main Road Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryElectrnoics, Computer, Communication, Scientific Measuring Equipment, Electronic
To see the full contact details of Novatron Broadband 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
Financials of Novatron Broadband Private Limited
FY 2023 filings availableNovatron Broadband Private Limited reported revenue of ₹3.48 Cr (up 3379% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 178% over three years. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.48 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹91.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.14 Cr | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26.2% | ||||
| Net Profit Margin | 32.7% | ||||
| 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 Novatron Broadband Private Limited, buy the company report.
Board of directors of Novatron Broadband Private Limited
Novatron Broadband has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maganti Venkateswara Rao | Managing Director | 01 Aug 2003 | 23 Years 3 Months | As last reported |
| Maganti Sarat | Director | 09 Nov 2016 | 10 Years 0 Months | As last reported |
| Balasubramanian | Whole-Time Director | 20 Dec 2017 | 8 Years 10 Months | As last reported |
Auditor
Novatron Broadband Private Limited is audited by S.RAVI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.RAVI & ASSOCIATES | FY 2017 | 009261S |
Shareholding
The shareholding of Novatron Broadband Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Novatron Broadband Private Limited, buy the company report.
Legal cases
Novatron Broadband Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed against the company by State Industries Promition | Disposed |
To see the full case history of Novatron Broadband Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Novatron Broadband Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novatron Broadband has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCN1040M1ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novatron Broadband Private Limited, buy the company report.
Recent activity
Novatron Broadband Private Limited has 8 board changes on record since 2003: 3 appointments and 5 cessations. The latest: Maganti Venkateswara Rao ceased to be Managing Director on 23 Mar 2023.
Frequently asked questions
Novatron Broadband 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.
Novatron Broadband was a private limited company based in Chennai, Tamil Nadu, India. The company worked in computer, within the electronics industry. It was incorporated on 23 June 2000 and is registered under CIN U29309TN2000PTC079337. The company has been struck off by the Registrar of Companies and is no longer operational.
Novatron Broadband had 3 directors:
- Maganti Venkateswara Rao - Managing Director
- Balasubramanian - Whole-Time Director
- Maganti Sarat - Director
The CIN (Corporate Identification Number) of Novatron Broadband is U29309TN2000PTC079337. 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 Novatron Broadband is at Suite B Alsa Deer Park No 108 Velachery Main Road Guindy, Chennai, Tamil Nadu, India – 600032.
Novatron Broadband was incorporated on 23 June 2000. It is registered with the Registrar of Companies, Chennai.
Novatron Broadband can be reached through the website novatron.in. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Novatron Broadband on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 05 July 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Novatron Broadband is 33AABCN1040M1ZS, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Novatron Broadband operated in the electronics industry, in the computer segment. It worked in this industry before it was struck off.
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