- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0284665

About Novellus Consulting Private Limited
Data last updated:
Novellus Consulting Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the placement services segment of the professional services sector. It was incorporated on 21 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC077390. Its GSTIN is 29AAECN7930P1ZP (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shivananda Hegde and Hegade Subray.
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 Flat No.103 Peace Desire Gr 8th Block Gidadakonena Halli, Bangalore, Karnataka, India – 560091.
As per the financials filed for FY 2024, the company reported a revenue of ₹76.48 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹11.43 Lakh (net margin 14.9%) and EBITDA of ₹20.16 Lakh (EBITDA margin 26.4%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹5 Lakh on record.
Novellus Consulting Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0284665). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novellusconsulting.in.
Company details
Recognitions & Rankings of Novellus Consulting
Contact details
Novellus Consulting Private Limited's registered office is in Bangalore, Karnataka. Its website is novellusconsulting.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No.103 Peace Desire Gr 8th Block Gidadakonena Halli, Bangalore, Karnataka, India – 560091
- IndustryProfessional Services, Placement Services, Human Resources
To see the full contact details of Novellus Consulting 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 Novellus Consulting is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Novellus Consulting Private Limited, buy the company report.
Financials of Novellus Consulting Private Limited
FY 2025 filings availableNovellus Consulting Private Limited reported revenue of ₹76.48 Lakh (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 1% growth in the latest year. EBITDA fell 28% 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 | ₹20.16 Lakh | ||||
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| Net Profit (PAT) | ₹11.43 Lakh | ||||
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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 | 26.4% | ||||
| Net Profit Margin | 14.9% | ||||
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To see the full financial statements and ratios of Novellus Consulting Private Limited, buy the company report.
Board of directors of Novellus Consulting Private Limited
Novellus Consulting has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivananda Hegde | Director | 21 Nov 2014 | 11 Years 11 Months | Current |
| Hegade Subray | Director | 21 Nov 2014 | 11 Years 11 Months | Current |
| Vighneshwar Hegde | Director | 21 Nov 2014 | 11 Years 11 Months | Current |
| Harish Hegde | Director | 21 Nov 2014 | 11 Years 11 Months | Current |
Peer comparison
Novellus Consulting Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hyperhire India Private Limited | ₹76.72 Lakh (FY 2025) | 37.0% | New Delhi, Delhi, India | |||
| Mithra Technosoft Private Limited | ₹76.71 Lakh (FY 2024) | 14.0% | Bangalore, Karnataka, India | |||
| Aryavart Facilities Management Services Private Limited | ₹76.64 Lakh (FY 2022) | 60.0% | G.T. Road, Murthal, Haryana, India | |||
| Manning Recruitment Solutions India Private Limited | ₹76.53 Lakh (FY 2024) | -33.0% | Delhi, India | |||
| Bhuwalitola Solutions Private Limited | ₹76.52 Lakh (FY 2020) | 204.0% | Patna, Bihar, India | |||
| Novellus Consulting Private Limitedthis company | ₹76.48 Lakh (FY 2024) | ₹11.43 Lakh | 14.9% | 1.0% | Bangalore, Karnataka, India | |
| Sonara Technologies Private Limited | ₹76.45 Lakh (FY 2024) | Gurgaon, Haryana, India | ||||
| Shubhaminds Solutions Private Limited | ₹76.43 Lakh (FY 2025) | 394.0% | Doranda, Jharkhand, India | |||
| Ack Infrastructure Service Private Limited | ₹76.21 Lakh (FY 2020) | 0.0% | Kolkata, West Bengal, India | |||
| Humlab Private Limited | ₹76.16 Lakh (FY 2024) | -29.0% | Bangalore, Karnataka, India | |||
| Gigahertz Consultants Private Limited | ₹76.15 Lakh (FY 2024) | 61.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Novellus Consulting Private Limited, buy the company report.
Shareholding
The shareholding of Novellus Consulting Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Novellus Consulting Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 2016 | 100020926 | Bank of India | ₹5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Novellus Consulting 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 Novellus Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novellus Consulting has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN7930P1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novellus Consulting Private Limited, buy the company report.
Recent activity
Novellus Consulting Private Limited has 4 board changes on record since 2014: 4 appointments. The latest: Harish Hegde was appointed as Director on 21 Nov 2014.
Frequently asked questions
Novellus Consulting is an active private limited company based in Bangalore, Karnataka, India. The company works in placement services, within the professional services industry. It was incorporated on 21 November 2014 (12+ years old) and is registered under CIN U74900KA2014PTC077390.
Novellus Consulting has 4 current directors:
- Shivananda Hegde - Director
- Hegade Subray - Director
- Vighneshwar Hegde - Director
- Harish Hegde - Director
The latest financial statements of Novellus Consulting 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 GSTIN of Novellus Consulting is 29AAECN7930P1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Novellus Consulting is U74900KA2014PTC077390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novellus Consulting was incorporated on 21 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Novellus Consulting by revenue are Hyperhire India Private Limited, Mithra Technosoft Private Limited, Aryavart Facilities Management Services Private Limited, Manning Recruitment Solutions India Private Limited, Bhuwalitola Solutions Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).
Harish Hegde was appointed as Director on 21 Nov 2014. Hegade Subray was appointed as Director on 21 Nov 2014. Shivananda Hegde was appointed as Director on 21 Nov 2014. Novellus Consulting has 4 board changes on record in total.
Yes, Novellus Consulting is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0284665).
Novellus Consulting can be reached through the website novellusconsulting.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Novellus Consulting is at Flat No.103 Peace Desire Gr 8th Block Gidadakonena Halli, Bangalore, Karnataka, India – 560091.

