MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0007863
Novelty Data Solutions LLP - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹5.98 Cr
▲ 42% YoY
Net profit · FY 2023
₹68.41 Lakh
Net margin 11.4%
EBITDA · FY 2023
₹1.04 Cr
EBITDA margin 17.4%
Contribution obligation
₹12.47 Lakh
As per LLP agreement
Open charges
₹23.48 Lakh
Secured borrowings
LLP age
10 yrs
Est. 2016
Employees · EPFO
19
Provident fund records
Designated partners
2
As per MCA filings
About Novelty Data Solutions LLP
Data last updated:
Novelty Data Solutions LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 June 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAG-5904. Its GSTIN is 29AAMFN9473G1ZK (Karnataka).
The LLP has a total obligation of contribution of ₹12.47 Lakh. It is led by designated partners Ramakrishna Taluri and Shubhangi Pattar.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 1st Floor Plot No 23 & 24 Epip 1st Phase KIADB Whitefield, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹5.98 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹68.41 Lakh (net margin 11.4%) and EBITDA of ₹1.04 Cr (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 34% over five years.
The LLP has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹23.48 Lakh on record.
Novelty Data Solutions LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0007863). For more details, the LLP can be reached via its website novelty-data.com.
Company details
LLPIN AAG-5904
Incorporation Date 07 June 2016
Total Obligation of Contribution ₹12.47 Lakh
ROC Bangalore
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-KR-03-0007863
Recognitions & Rankings of Novelty Data Solutions
Contact details
Novelty Data Solutions LLP's registered office is in Bangalore, Karnataka. Its website is novelty-data.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1st Floor Plot No 23 & 24 Epip 1st Phase KIADB Whitefield, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Novelty Data Solutions LLP, buy the company report.
Comprehensive company report
Novelty Data Solutions LLP - 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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Financials of Novelty Data Solutions LLP
FY 2025 filings availableNovelty Data Solutions LLP reported revenue of ₹5.98 Cr (up 42% YoY) for FY 2023.
Revenue · FY 2023
₹5.98 Cr ▲ 42%
Net profit · FY 2023
₹68.41 Lakh margin 11.4%
EBITDA · FY 2023
₹1.04 Cr margin 17.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 10%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 100%
3 years · compounded
▲ 75%
5 years · compounded
▲ 105%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 42% growth in the latest year. EBITDA rose 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit After Tax | ₹68.41 Lakh | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| Net Profit Margin | 11.4% | ||||
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To see the full financial statements and ratios of Novelty Data Solutions LLP, buy the company report.
Designated partners of Novelty Data Solutions LLP
Novelty Data Solutions has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakrishna Taluri | Designated Partner | 07 Jun 2016 | 10 Years 5 Months | Current |
| Shubhangi Pattar Also directs: Samadhashyamrad Private Limited | Designated Partner | 31 Dec 2021 | 4 Years 10 Months | Current |
Charges & borrowings
Open charges
₹23.48 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2022 | 100528389 | Axis Bank Limited | ₹23.48 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Novelty Data Solutions LLP 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 Novelty Data Solutions LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Novelty Data Solutions LLP has a workforce of 31 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
Employee growth
40.91%
GST
Novelty Data Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMFN9473G1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novelty Data Solutions LLP, buy the company report.
Recent activity
Novelty Data Solutions LLP has 3 designated partner changes on record since 2016: 2 appointments and 1 cessation. The latest: Anand Narasegowda ceased to be Designated Partner on 31 Dec 2021.
AGM
Novelty Data Solutions Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Novelty Data Solutions Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 23.48 Lakh with Charge ID 100528389 was registered on 11 Jan 2022.
Ceased
Anand Narasegowda ceased to be Designated Partner.
Appointed
Shubhangi Pattar was appointed as Designated Partner.
Appointed
Ramakrishna Taluri was appointed as Designated Partner.
Incorporation
07 Jun 2016
Novelty Data Solutions Llp was registered on 07 Jun 2016 with Roc Bangalore & aged 10 years 5 months as per MCA records.
Frequently asked questions
Novelty Data Solutions is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in IT consulting and support services, within the information technology industry. It was incorporated on 07 June 2016 (10+ years old) and is registered under LLPIN AAG-5904.
Novelty Data Solutions has 2 current designated partners:
- Ramakrishna Taluri - Designated Partner
- Shubhangi Pattar - Designated Partner
The latest financial statements of Novelty Data Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Novelty Data Solutions is 29AAMFN9473G1ZK, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Novelty Data Solutions is AAG-5904. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Novelty Data Solutions was incorporated on 07 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Anand Narasegowda ceased to be Designated Partner on 31 Dec 2021. Shubhangi Pattar was appointed as Designated Partner on 31 Dec 2021. Ramakrishna Taluri was appointed as Designated Partner on 07 Jun 2016.
Yes, Novelty Data Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0007863).
Novelty Data Solutions can be reached through the website novelty-data.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Novelty Data Solutions is at 1st Floor Plot No 23 & 24 Epip 1st Phase KIADB Whitefield, Bangalore, Karnataka, India – 560066.
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