Novem Technologies Private Limited
About Novem Technologies Private Limited
Data last updated:
Novem Technologies Private Limited is a private limited company based in K R Puram, Karnataka, India. It operates in the games segment of the printing and publishing sector. It was incorporated on 27 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC094456. Its GSTIN is 29AAFCN2805C1ZR (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kavitha Lakshmi Chitta and Kanaka Durga Ranga.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at K R Puram, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹11.08 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹73,886 (net margin 6.7%) and EBITDA of ₹87,688 (EBITDA margin 7.9%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No. 004 Kubera Enclave Apt No. 16/69 Coconut Grdn Lyt Kodigehalli Mnrd Hood, I Vlg, K R Puram, Karnataka, India – 560036
- IndustryPrinting & Publishing, Games, System Software, Application Software, Software, Publishing
- 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
- One PDF report, delivered after checkout
Business Activity of Novem Technologies Private Limited
The main business activity of Novem Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Novem Technologies Private Limited FY 2020 filings available
Novem Technologies Private Limited reported revenue of ₹11.08 Lakh (up 387% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Novem Technologies Private Limited
Revenue rose 387% in the latest year. EBITDA rose 307% 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 of Novem Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹87,688 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹73,886 | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Novem Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.9% | •••• | •••• | •••• |
| Net Profit Margin | 6.7% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Novem Technologies are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Novem Technologies Private Limited
Novem Technologies Private Limited is audited by Avalinte and Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Avalinte and Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Novem Technologies Private Limited
Novem Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavitha Lakshmi Chitta | Director | 27 Jun 2016 | 10 Years 3 Months | Current |
| Kanaka Durga Ranga Also directs: Aimnxt Technologies LLP, Enteredge Technologies Private Limited, Medne Technologies Private Limited and 1 more | Director | 27 Jun 2016 | 10 Years 3 Months | Current |
Ownership and Shareholding of Novem Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Novem Technologies Private Limited
Novem Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Novem Technologies Private Limited
Employment history and EPFO contributions of people linked to Novem Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Novem Technologies Private Limited
Novem Technologies Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Kanaka Durga Ranga was appointed as Director on 27 Jun 2016.
Credit Ratings, Litigation & Regulatory Alerts for Novem Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Novem Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Novem Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Novem Technologies Private Limited
Novem Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN2805C1ZR | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Novem Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Novem Technologies Private Limited
Novem Technologies is an active private limited company based in K R Puram, Karnataka, India. The company works in games, within the printing and publishing industry. It was incorporated on 27 June 2016 (10+ years old) and is registered under CIN U74999KA2016PTC094456.
Novem Technologies reported revenue of ₹11.08 Lakh for FY 2020 (up 387% YoY).
Novem Technologies has 2 current directors:
- Kavitha Lakshmi Chitta - Director
- Kanaka Durga Ranga - Director
Novem Technologies reported a net profit of ₹73,886 (net margin 6.7%) and EBITDA of ₹87,688 (EBITDA margin 7.9%) for FY 2020, as per its filed financial statements.
The GSTIN of Novem Technologies is 29AAFCN2805C1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Novem Technologies is U74999KA2016PTC094456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novem Technologies was incorporated on 27 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Kanaka Durga Ranga was appointed as Director on 27 Jun 2016. Kavitha Lakshmi Chitta was appointed as Director on 27 Jun 2016.
The registered office of Novem Technologies is at Flat No. 004 Kubera Enclave Apt No. 1669 Coconut Grdn Lyt Kodigehalli Mnrd Hood, I Vlg, K R Puram, Karnataka, India – 560036.
Novem Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.