MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-RJ-33-0002663
Novergy Energy Solutions Private Limited - environment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.81 Cr
▼ 44% YoY
Net loss · FY 2025
₹12.17 Lakh
Net margin -0.7%
EBITDA · FY 2025
₹1.61 Cr
EBITDA margin 9.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹16.27 Cr
Satisfied ₹73 Lakh
Company age
19 yrs
Est. 2007
Employees · EPFO
35
Provident fund records
About Novergy Energy Solutions Private Limited
Data last updated:
Novergy Energy Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 27 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2007PTC041915. Its GSTIN is 08AACCN4908R1ZV (Rajasthan). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Anand Damani (Managing Director) and Nirmala Damani.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.81 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹12.17 Lakh (net margin -0.7%) and EBITDA of ₹1.61 Cr (EBITDA margin 9.6%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 4% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Novergy. As per MCA filings, the company has open charges of ₹16.27 Cr and satisfied charges of ₹73 Lakh on record.
Novergy Energy Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-33-0002663). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novergysolar.com.
Company details
CIN U74140KA2007PTC041915
Registration Number 041915
Incorporation Date 27 February 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-RJ-33-0002663
Recognitions & Rankings of Novergy Energy Solutions
Contact details
Novergy Energy Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is novergysolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address22 1st Floor Jin Dharshan Apartment Nehru Circle, No.33/9 Railway Parallel Road, Bangalore, Karnataka, India – 560020
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Novergy Energy Solutions Private Limited, buy the company report.
Comprehensive company report
Novergy Energy Solutions 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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Brands
Novergy Energy Solutions operates one associated brand: Novergy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures solar panels, inverters, and systems for renewable energy applications globally. | novergysolar.com |
Business activity
The main business activity of Novergy Energy Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Novergy Energy Solutions Private Limited, buy the company report.
Financials of Novergy Energy Solutions Private Limited
FY 2025 filings availableNovergy Energy Solutions Private Limited reported revenue of ₹16.81 Cr (down 44% YoY) for FY 2025.
Revenue · FY 2025
₹16.81 Cr ▼ 44%
Net loss · FY 2025
₹12.17 Lakh margin -0.7%
EBITDA · FY 2025
₹1.61 Cr margin 9.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 29%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 8%
5 years · compounded
▲ 8%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 44% fall in the latest year. EBITDA rose 10% 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 | ₹1.61 Cr | ||||
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| Net Profit (PAT) | -₹12.17 Lakh | ||||
| Balance Sheet | |||||
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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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| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | -0.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Novergy Energy Solutions Private Limited, buy the company report.
Board of directors of Novergy Energy Solutions Private Limited
Novergy Energy Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmala Damani Also directs: Girirajji Green Power Private Limited, Autiistry Foundation | Director | 27 Feb 2007 | 19 Years 8 Months | Current |
| Anand Damani Also directs: Girirajji Solar Private Limited, GJ Solar Power Private Limited, GG MH Solar Private Limited and 1 more | Managing Director | 27 Feb 2007 | 19 Years 8 Months | Current |
| Bitthal Dass Damani Also directs: Girirajji Solar Private Limited, GJ Solar Power Private Limited, GG MH Solar Private Limited and 1 more | Director | 27 Feb 2007 | 19 Years 8 Months | Current |
Auditor
Novergy Energy Solutions Private Limited is audited by VIKAS S JAIN & ACCOSIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIKAS S JAIN & ACCOSIATES | FY 2024 | 018735C |
Shareholding
The shareholding of Novergy Energy Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Novergy Energy Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.27 Cr
Satisfied charges
₹73 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2023 | 100732231 | Tata Cleantech Capital Limited | ₹6.2 Cr | Open | |
| 22 Jan 2022 | 100530631 | Others | ₹54 Lakh | Open | |
| 28 Aug 2020 | 100368485 | Others | ₹23 Lakh | Open | |
| 17 Aug 2012 | 10375209 | Others | ₹9.3 Cr | Open | |
| 16 Jun 2011 | 10299926 | State Bank of Bikaner and Jaipur | ₹35 Lakh | Satisfied |
To see the full charge records of Novergy Energy Solutions Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Novergy Energy 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 Novergy Energy Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Novergy Energy Solutions Private Limited has a workforce of 35 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Employee growth
-2.78%
GST
Novergy Energy Solutions has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCN4908R1ZV | Rajasthan | Active | 01 Jul 2017 |
| 27AACCN4908R1ZV | Maharashtra | Active | 01 Jul 2017 |
| 22AACCN4908R1Z5 | Chattisgarh | Active | 02 Jul 2017 |
To see the full GST registrations and return filing status of Novergy Energy Solutions Private Limited, buy the company report.
Recent activity
Novergy Energy Solutions Private Limited has 3 board changes on record since 2007: 3 appointments. The latest: Anand Damani was appointed as Managing Director on 27 Feb 2007.
AGM
Novergy Energy Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Novergy Energy Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Tata Cleantech Capital Limited of Rs. 6.20 Cr registered on 06 Jun 2023 with Charge ID 100732231 was modified on 09 Nov 2023.
Charges
A charge with Tata Cleantech Capital Limited amounted to Rs. 6.20 Cr with Charge ID 100732231 was registered on 06 Jun 2023.
Charges
A charge with Others of Rs. 9.30 Cr registered on 17 Aug 2012 with Charge ID 10375209 was modified on 17 May 2023.
Charges
A charge with Others amounted to Rs. 0.54 Cr with Charge ID 100530631 was registered on 22 Jan 2022.
Charges
A charge with Others amounted to Rs. 0.23 Cr with Charge ID 100368485 was registered on 28 Aug 2020.
Charges
A charge registered on 16 Jun 2011 via Charge ID 10299926 with State Bank Of Bikaner And Jaipur was fully satisfied on 24 Sep 2012.
Charges
A charge registered on 07 Nov 2007 via Charge ID 10087845 with State Bank Of Bikaner And Jaipur was fully satisfied on 24 Sep 2012.
Charges
A charge with Others amounted to Rs. 9.30 Cr with Charge ID 10375209 was registered on 17 Aug 2012.
Charges
A charge with State Bank Of Bikaner And Jaipur amounted to Rs. 0.35 Cr with Charge ID 10299926 was registered on 16 Jun 2011.
Charges
A charge with State Bank Of Bikaner And Jaipur amounted to Rs. 0.38 Cr with Charge ID 10087845 was registered on 07 Nov 2007.
4 earlier events are in the company report.
Frequently asked questions
Novergy Energy Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 27 February 2007 (19+ years old) and is registered under CIN U74140KA2007PTC041915.
Novergy Energy Solutions has 3 current directors:
- Anand Damani - Managing Director
- Nirmala Damani - Director
- Bitthal Dass Damani - Director
The latest financial statements of Novergy Energy 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 Novergy Energy Solutions is 08AACCN4908R1ZV, registered in Rajasthan. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AACCN4908R1ZV (Maharashtra), 22AACCN4908R1Z5 (Chattisgarh).
The CIN (Corporate Identification Number) of Novergy Energy Solutions is U74140KA2007PTC041915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novergy Energy Solutions was incorporated on 27 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Anand Damani was appointed as Managing Director on 27 Feb 2007. Bitthal Dass Damani was appointed as Director on 27 Feb 2007. Nirmala Damani was appointed as Director on 27 Feb 2007.
Yes, Novergy Energy Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-33-0002663).
Novergy Energy Solutions can be reached through the website novergysolar.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Novergy Energy Solutions is at 22 1st Floor Jin Dharshan Apartment Nehru Circle, No.339 Railway Parallel Road, Bangalore, Karnataka, India – 560020.
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