About Novem Solutions Private Limited
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Novem Solutions Private Limited is a private limited company based in Hospet, Karnataka, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 05 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2009PTC049293. Its GSTIN is 29AACCN9653M1ZP (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Srinivasa Rao Yalamanchili (Managing Director) and Barki Ambanna Raghunath Prasad.
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 No V/45 Station Road, Hospet, Karnataka, India – 583201.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.89 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹8.48 Lakh (net margin 1.1%) and EBITDA of ₹9.32 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 13% over five years.
The company is associated with 1 brand: Novem Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novemsol.com.
Company details
Contact details
Novem Solutions Private Limited's registered office is in Hospet, Karnataka. Its website is novemsol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo V/45 Station Road, Hospet, Karnataka, India – 583201
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Novem 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
Brands
Novem Solutions operates one associated brand: Novem Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Design and engineering services are provided for consumer goods, medical equipment, automotive, and heavy engineering sectors by Novem Solutions. | novemsol.com |
Business activity
The main business activity of Novem Solutions is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Novem Solutions Private Limited, buy the company report.
Financials of Novem Solutions Private Limited
FY 2025 filings availableNovem Solutions Private Limited reported revenue of ₹7.89 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 54% 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 | ₹9.32 Lakh | ||||
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| Net Profit (PAT) | ₹8.48 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 | 1.2% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Novem Solutions Private Limited, buy the company report.
Board of directors of Novem Solutions Private Limited
Novem Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Barki Ambanna Raghunath Prasad | Director | 01 Jul 2009 | 17 Years 3 Months | Current |
| Srinivasa Rao Yalamanchili | Managing Director | 05 Mar 2009 | 17 Years 7 Months | Current |
| Yalamanchili Ashwini | Additional Director | 30 Jun 2025 | 1 Years 3 Months | Current |
Auditor
Novem Solutions Private Limited is audited by D V SAROVAR & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D V SAROVAR & CO | FY 2016 | 003637S |
Shareholding
The shareholding of Novem Solutions 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 Novem Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Novem 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 Novem Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novem Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN9653M1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Novem Solutions Private Limited, buy the company report.
Recent activity
Novem Solutions Private Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Yalamanchili Ashwini was appointed as Additional Director on 30 Jun 2025.
Frequently asked questions
Novem Solutions is an active private limited company based in Hospet, Karnataka, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 05 March 2009 (17+ years old) and is registered under CIN U45201KA2009PTC049293.
Novem Solutions has 3 current directors:
- Srinivasa Rao Yalamanchili - Managing Director
- Barki Ambanna Raghunath Prasad - Director
- Yalamanchili Ashwini - Additional Director
The latest financial statements of Novem 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 GSTIN of Novem Solutions is 29AACCN9653M1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Novem Solutions is U45201KA2009PTC049293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novem Solutions was incorporated on 05 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Yalamanchili Ashwini was appointed as Additional Director on 30 Jun 2025. Bharathi Yalamanchili ceased to be Director on 06 Sep 2017. Barki Ambanna Raghunath Prasad ceased to be Additional Director on 01 Jun 2010. Novem Solutions has 6 board changes on record in total.
Novem Solutions can be reached through the website novemsol.com. Its registered office is in Hospet, Karnataka, India.
The registered office of Novem Solutions is at No V45 Station Road, Hospet, Karnataka, India – 583201.
Novem Solutions operates in the engineering industry, in the engineering design and consultancy segment.