Novel Business Solutions Private Limited
About Novel Business Solutions Private Limited
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Novel Business Solutions Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 07 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74140KL2014PTC036342.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Consultwin Solutions Private Limited. It is led by directors Vadakara Kuruppath Girijan and Sreeja Chelat.
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 Thrissur, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.27 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹4.69 Lakh (net margin -41.6%) and EBITDA of -₹4.58 Lakh (EBITDA margin -40.6%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 188% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Novel Business Solutions Private Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address25/1086 Thiruvambady Devaswom Building, Round West, Thrissur, Kerala, India – 680001
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Novel Business 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
Business activity
The main business activity of Novel Business 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 Novel Business Solutions Private Limited, buy the company report.
Financials of Novel Business Solutions Private Limited
FY 2025 filings availableNovel Business Solutions Private Limited reported revenue of ₹11.27 Lakh (down 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 188%. EBITDA fell 316% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹4.58 Lakh | ||||
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| Net Profit (PAT) | -₹4.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -40.6% | ||||
| Net Profit Margin | -41.6% | ||||
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To see the full financial statements and ratios of Novel Business Solutions Private Limited, buy the company report.
Board of directors of Novel Business Solutions Private Limited
Novel Business Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vadakara Kuruppath Girijan | Director | 14 Jan 2021 | 5 Years 9 Months | Current |
| Sreeja Chelat Also directs: S2k Management Services Private Limited | Director | 22 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Novel Business Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Consulting Services), with 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 |
|---|---|---|---|---|---|---|
| Super Sky Consultancy Private Limited | ₹11.28 Lakh (FY 2018) | 299.0% | Delhi, India | |||
| Novel Business Solutions Private Limitedthis company | ₹11.27 Lakh (FY 2025) | -₹4.69 Lakh | -41.6% | -41.0% | Thrissur, Kerala, India | |
| Vankatesh Pharma Private Limited | ₹11.27 Lakh (FY 2019) | Ahmedabad, Gujarat, India | ||||
| Anugraha Educational and Consultancy Services Private Limited | ₹11.25 Lakh (FY 2023) | 41.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Novel Business Solutions Private Limited, buy the company report.
Auditor
Novel Business Solutions Private Limited is audited by MAHADEVAN & SIVARAJAN for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHADEVAN & SIVARAJAN | FY 2020 | 006388S |
Shareholding
The shareholding of Novel Business Solutions Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Novel Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Novel Business 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 Novel Business 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 Novel Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Novel Business Solutions Private Limited has 7 board changes on record since 2021: 2 appointments and 5 cessations. The latest: Sreeja Chelat ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Novel Business Solutions is an active private limited company based in Thrissur, Kerala, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 07 March 2014 (12+ years old) and is registered under CIN U74140KL2014PTC036342.
Novel Business Solutions has 2 current directors:
- Vadakara Kuruppath Girijan - Director
- Sreeja Chelat - Director
The latest financial statements of Novel Business 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Novel Business Solutions is U74140KL2014PTC036342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novel Business Solutions was incorporated on 07 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Novel Business Solutions by revenue are Super Sky Consultancy Private Limited, Vankatesh Pharma Private Limited, Anugraha Educational and Consultancy Services Private Limited, all in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities).
Sreeja Chelat ceased to be Additional Director on 29 Sep 2024. Sreeja Chelat was appointed as Director on 22 Jul 2024. Vadakara Kuruppath Girijan ceased to be Additional Director on 30 Nov 2021. Novel Business Solutions has 7 board changes on record in total.
The registered office of Novel Business Solutions is at 251086 Thiruvambady Devaswom Building, Round West, Thrissur, Kerala, India – 680001.
Novel Business Solutions operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Novel Business Solutions is compliant as of 26 September 2026. The company is actively filing with the Registrar of Companies.
Yes. Novel Business Solutions was formerly known as Consultwin Solutions Private Limited.
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