MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-19-0004495
Novel Telenet Private Limited - telecom in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.73 Cr
▼ 51% YoY
Net profit · FY 2024
₹6.46 Lakh
Net margin 3.7%
EBITDA · FY 2024
₹18.35 Lakh
EBITDA margin 10.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹37.9 Lakh
Satisfied ₹5.5 Lakh
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
About Novel Telenet Private Limited
Data last updated:
Novel Telenet Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the telecom infrastructure segment of the telecommunications sector. It was incorporated on 08 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51909OR2005PTC007992. Its GSTIN is 21AACCN0785E1ZV (Odisha).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajaya Kumar Sahu (Managing Director) and Bimala Padhy.
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 is at N – 5/145 Irc Village, Bhubaneswar, Odisha, India – 751015.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.73 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹6.46 Lakh (net margin 3.7%) and EBITDA of ₹18.35 Lakh (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹37.9 Lakh and satisfied charges of ₹5.5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Novel Telenet Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0004495). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website noveltelenet.com.
Company details
CIN U51909OR2005PTC007992
Registration Number 007992
Incorporation Date 08 February 2005
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-OD-19-0004495
Recognitions & Rankings of Novel Telenet
Contact details
Novel Telenet Private Limited's registered office is in Bhubaneswar, Odisha. Its website is noveltelenet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressN – 5/145 Irc Village, Bhubaneswar, Odisha, India – 751015
- IndustryTelecom, Telecom Infrastructure
To see the full contact details of Novel Telenet Private Limited, buy the company report.
Comprehensive company report
Novel Telenet 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Novel Telenet is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Novel Telenet Private Limited, buy the company report.
Financials of Novel Telenet Private Limited
FY 2024 filings availableNovel Telenet Private Limited reported revenue of ₹1.73 Cr (down 51% YoY) for FY 2024.
Revenue · FY 2024
₹1.73 Cr ▼ 51%
Net profit · FY 2024
₹6.46 Lakh margin 3.7%
EBITDA · FY 2024
₹18.35 Lakh margin 10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▲ 8%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 65%
3 years · compounded
▲ 12%
5 years · compounded
▼ 1%
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 65% 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 | ₹18.35 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6.46 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Novel Telenet Private Limited, buy the company report.
Board of directors of Novel Telenet Private Limited
Novel Telenet has 2 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 |
|---|---|---|---|---|
| Bimala Padhy | Director | 01 Feb 2012 | 14 Years 8 Months | Current |
| Ajaya Kumar Sahu | Managing Director | 08 Feb 2005 | 21 Years 8 Months | Current |
Peer comparison
Novel Telenet Private Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Telecom Infrastructure), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Big Telecom Infrastructure Networks Private Limited (OPC) | ₹1.8 Cr (FY 2025) | 2.0% | Salcete, Goa, India | |||
| Mega Telecom Infra Private Limited | ₹1.79 Cr (FY 2024) | 1196.0% | Greater Noida, Uttar Pradesh, India | |||
| Novel Telenet Private Limitedthis company | ₹1.73 Cr (FY 2024) | ₹6.46 Lakh | 3.7% | -51.0% | Bhubaneswar, Odisha, India | |
| Samarthans Engineering Services Private Limited | ₹1.7 Cr (FY 2025) | -45.0% | Jhansi, Uttar Pradesh, India |
To see the full peer comparison of Novel Telenet Private Limited, buy the company report.
Auditor
Novel Telenet Private Limited is audited by DIBAKAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIBAKAR & ASSOCIATES | FY 2023 | 326542E |
Shareholding
The shareholding of Novel Telenet Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Novel Telenet Private Limited, buy the company report.
Charges & borrowings
Open charges
₹37.9 Lakh
Satisfied charges
₹5.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2022 | 100575528 | Others | ₹13 Lakh | Open | |
| 18 May 2021 | 100458291 | Others | ₹15 Lakh | Open | |
| 01 Jun 2017 | 100106005 | Others | ₹9.9 Lakh | Open | |
| 08 Jun 2016 | 100036673 | Others | ₹3.5 Lakh | Satisfied | |
| 31 Jan 2007 | 10037465 | Bank of Maharastra | ₹2 Lakh | Satisfied |
To see the full charge records of Novel Telenet Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Novel Telenet Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sambalpur, Odisha | Court case (ui) | Filed against the company by State of Odisha | Pending |
To see the full case history of Novel Telenet 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 Novel Telenet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novel Telenet has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCN0785E1ZV | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novel Telenet Private Limited, buy the company report.
Recent activity
Novel Telenet Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Bimala Padhy was appointed as Director on 01 Feb 2012.
AGM
Novel Telenet Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Novel Telenet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with Others amounted to Rs. 13.00 Lakh with Charge ID 100575528 was registered on 16 May 2022.
Charges
A charge registered on 08 Jun 2016 via Charge ID 100036673 with Others was fully satisfied on 07 Jul 2021.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 100458291 was registered on 18 May 2021.
Charges
A charge with Others amounted to Rs. 9.90 Lakh with Charge ID 100106005 was registered on 01 Jun 2017.
Charges
A charge with Others amounted to Rs. 3.50 Lakh with Charge ID 100036673 was registered on 08 Jun 2016.
Charges
A charge registered on 31 Jan 2007 via Charge ID 10037465 with Bank Of Maharastra was fully satisfied on 30 Mar 2012.
Appointed
Bimala Padhy was appointed as Director.
Ceased
Manoja Kumar Sahu ceased to be Director.
Charges
A charge with Bank Of Maharastra amounted to Rs. 2.00 Lakh with Charge ID 10037465 was registered on 31 Jan 2007.
Appointed
Ajaya Kumar Sahu was appointed as Managing Director.
1 earlier event is in the company report.
Frequently asked questions
Novel Telenet is an active private limited company based in Bhubaneswar, Odisha, India. The company works in telecom infrastructure, within the telecom industry. It was incorporated on 08 February 2005 (21+ years old) and is registered under CIN U51909OR2005PTC007992.
Novel Telenet has 2 current directors:
- Ajaya Kumar Sahu - Managing Director
- Bimala Padhy - Director
The latest financial statements of Novel Telenet 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 Novel Telenet is 21AACCN0785E1ZV, registered in Odisha.
The CIN (Corporate Identification Number) of Novel Telenet is U51909OR2005PTC007992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novel Telenet has 1 court case on record: 1 filed against it. 1 is pending.
Novel Telenet was incorporated on 08 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Novel Telenet by revenue are Big Telecom Infrastructure Networks Private Limited (OPC), Mega Telecom Infra Private Limited, Samarthans Engineering Services Private Limited, all in the Telecom industry (Telecom Infrastructure), with the same principal business activity (wired, wireless or satellite telecommunication activities).
Bimala Padhy was appointed as Director on 01 Feb 2012. Manoja Kumar Sahu ceased to be Director on 01 Feb 2012. Ajaya Kumar Sahu was appointed as Managing Director on 08 Feb 2005.
Yes, Novel Telenet is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-19-0004495).
Novel Telenet can be reached through the website noveltelenet.com. Its registered office is in Bhubaneswar, Odisha, India.