Novigo Solutions Private Limited

Novigo Solutions Private Limited - information technology in Mangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2013PTC069822 Incorporated 25 June 2013 ROC Bangalore HQ Mangalore, Karnataka, India
Active Private Limited Company information technology MSME
Data last updated
Revenue · FY 2025
₹264.65 Cr
▲ 33% YoY
Net profit · FY 2025
₹36.04 Cr
Net margin 13.6%
EBITDA · FY 2025
₹50.23 Cr
EBITDA margin 19%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.7 Cr
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
581
Provident fund records
Directors on board
7
As per MCA filings

About Novigo Solutions Private Limited

Data last updated:

Novigo Solutions Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 June 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC069822. Its GSTIN is 29AAECN3957G1Z5 (Karnataka). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.7 Cr. It is led by directors including Mohammed Hanif (Whole-Time Director) and Kapil Dhameja.

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 Mangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹264.65 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹36.04 Cr (net margin 13.6%) and EBITDA of ₹50.23 Cr (EBITDA margin 19%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 51% over five years.

The company has about 581 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Novigo Solutions. The company has 2 deals on record (2 rights issues); the latest was in May 2017. Its 10 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Appsquadz Software Private Limited with revenue of ₹278.34 Cr.

Novigo Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-11-0017835). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novigosolutions.com.

Company details

CIN U72200KA2013PTC069822
Registration Number 069822
Incorporation Date 25 June 2013
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 MSME
Udyam Registration UDYAM-KR-11-0017835

Recognitions & Rankings of Novigo Solutions

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-11-0017835

Contact details

Novigo Solutions Private Limited's registered office is in Mangalore, Karnataka. Its website is novigosolutions.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    D No 18 – 1 – 1/102 103, 5th Floor Karuna Pride Mother Teresa Road, Mangalore, Karnataka, India – 575001
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Novigo Solutions Private Limited, buy the company report.

Comprehensive company report
Novigo 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

Novigo Solutions operates one associated brand: Novigo Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Offers software solutions and transformation services to organizations.novigosolutions.com

Business activity

The main business activity of Novigo Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Novigo Solutions Private Limited, buy the company report.

Financials of Novigo Solutions Private Limited

FY 2025 filings available

Novigo Solutions Private Limited reported revenue of ₹264.65 Cr (up 33% YoY) for FY 2025.

Revenue · FY 2025
₹264.65 Cr ▲ 33%
Net profit · FY 2025
₹36.04 Cr margin 13.6%
EBITDA · FY 2025
₹50.23 Cr margin 19%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 63%
5 years · compounded
▲ 51%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 64%
5 years · compounded
▲ 55%

Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 33% growth in the latest year. EBITDA rose 15% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹50.23 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹36.04 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin19%
Net Profit Margin13.6%
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

To see the full financial statements and ratios of Novigo Solutions Private Limited, buy the company report.

Board of directors and KMP of Novigo Solutions Private Limited

Novigo Solutions Private Limited currently reports 6 directors and 1 key managerial person. 9 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Kapil DhamejaDirector13 Nov 20250 Years 11 MonthsCurrent
Praveen Kumar KalbhaviCeo13 Nov 20250 Years 11 MonthsCurrent
Mohammed HanifWhole-Time Director25 Jun 201313 Years 3 MonthsCurrent
Ruchica GuptaDirector13 Nov 20250 Years 11 MonthsCurrent
Nitesh BansalNominee Director13 Nov 20250 Years 11 MonthsCurrent
Nand Lal SardanaNominee Director13 Nov 20250 Years 11 MonthsCurrent
Showing 6 of 7 current directors and KMP. View all directors and KMP

Peer comparison

Novigo Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Appsquadz Software Private Limited₹278.34 Cr (FY 2025)156.0%Noida, Uttar Pradesh, India
Amnex Infotechnologies Private Limited₹268.13 Cr (FY 2024)67.0%Ahmedabad, Gujarat, India
Eds Technologies Private Limited₹267.29 Cr (FY 2025)-2.0%Bangalore, Karnataka, India
Deriv IT Solutions Private Limited₹266.12 Cr (FY 2020)23.0%Bangalore, Karnataka, India
Software Ag Bangalore Technologies Private Limited₹265.36 Cr (FY 2025)-50.0%Bangalore, Karnataka, India
Novigo Solutions Private Limitedthis company₹264.65 Cr (FY 2025)₹36.04 Cr13.6%33.0%581Mangalore, Karnataka, India
Aruba Networks India Private Limited₹262.25 Cr (FY 2017)1.0%Bangalore, Karnataka, India
Athena Global Technologies Limited₹250.35 Cr (FY 2024)1887.0%Hyderabad, Telangana, India
Noventiq Global AI Solutions Private Limited₹249.87 Cr (FY 2025)-51.0%Bangalore, Karnataka, India
Xtglobal Infotech Limited₹235.96 Cr (FY 2025)7.0%Hyderabad, Telangana, India
Figment Technokart Private Limited₹233.99 Cr (FY 2024)11.0%Surat, Gujarat, India

To see the full peer comparison of Novigo Solutions Private Limited, buy the company report.

Auditor

Novigo Solutions Private Limited is audited by P P K & Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
P P K & AssociatesFY 2024014869S

Shareholding

The shareholding of Novigo 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 categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Novigo Solutions Private Limited, buy the company report.

Deals & funding

Novigo Solutions Private Limited has 2 deals on record (2 rights issues); the latest was in May 2017.

Total deals
2
Rights issues
2

Deals on record (2 of 2)

WhenDealAmountParties
May 2017Rights issue₹15 LakhInvestors: 4 individuals
Mar 2016Rights issue₹10 LakhInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Novigo Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Novigo Solutions has 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

2
Associated companies

Employees & EPFO

Novigo Solutions Private Limited has a workforce of 581 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
581
Active EPFO establishments
1
Employee growth
22.06%

GST

Novigo Solutions has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
29AAECN3957G1Z5KarnatakaActive01 Jul 2017
32AAECN3957G1ZIKeralaActive20 Jul 2023
33AAECN3957G1ZGTamil NaduActive01 Aug 2023
27AAECN3957G1Z9MaharashtraActive26 Jun 2024

To see the full GST registrations and return filing status of Novigo Solutions Private Limited, buy the company report.

Recent activity

Novigo Solutions Private Limited has 16 board changes on record since 2013: 7 appointments and 9 cessations. The latest: Ashok Chawla was appointed as Nominee Director on 13 Nov 2025.

Appointed
Ashok Chawla was appointed as Nominee Director.
Ceased
Ashok Chawla ceased to be Additional Director.
Appointed
Kapil Dhameja was appointed as Director.
Ceased
Kapil Dhameja ceased to be Additional Director.
Ceased
Mohammed Jarood Musthafa ceased to be Director.
Appointed
Nand Lal Sardana was appointed as Nominee Director.
Ceased
Nand Lal Sardana ceased to be Additional Director.
Appointed
Nitesh Bansal was appointed as Nominee Director.
Ceased
Nitesh Bansal ceased to be Additional Director.
Appointed
Praveen Kumar Kalbhavi was appointed as CEO.
Appointed
Ruchica Gupta was appointed as Director.
Ceased
Ruchica Gupta ceased to be Additional Director.

7 earlier events are in the company report.

Frequently asked questions

Novigo Solutions is an active private limited company based in Mangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 June 2013 (13+ years old) and is registered under CIN U72200KA2013PTC069822.

Novigo Solutions has 7 current directors and KMP:

The latest financial statements of Novigo 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 Novigo Solutions is 29AAECN3957G1Z5, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 32AAECN3957G1ZI (Kerala), 33AAECN3957G1ZG (Tamil Nadu), 27AAECN3957G1Z9 (Maharashtra).

The CIN (Corporate Identification Number) of Novigo Solutions is U72200KA2013PTC069822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Novigo Solutions was incorporated on 25 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.

Novigo Solutions has 2 deals on record (2 rights issues); the latest was in May 2017.

The peers of Novigo Solutions by revenue are Appsquadz Software Private Limited, Amnex Infotechnologies Private Limited, Eds Technologies Private Limited, Deriv IT Solutions Private Limited, Software Ag Bangalore Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).

Ashok Chawla was appointed as Nominee Director on 13 Nov 2025. Ashok Chawla ceased to be Additional Director on 13 Nov 2025. Kapil Dhameja was appointed as Director on 13 Nov 2025. Novigo Solutions has 16 board changes on record in total.

Yes, Novigo Solutions is registered as an MSME under Udyam registration (number: UDYAM-KR-11-0017835).

Novigo Solutions can be reached through the website novigosolutions.com. Its registered office is in Mangalore, Karnataka, India.