About Novitas Technologies Private Limited
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Novitas Technologies Private Limited is a private limited company 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 05 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2011PTC056511. Its GSTIN is 29AADCN5056D1ZI (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sandeepa Aladahalli Dyavaiah and Suresh Nadal Bhaskar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.76 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹68.6 Lakh (net margin -24.8%) and EBITDA of -₹62 Lakh (EBITDA margin -22.4%). Revenue has grown at a compounded annual rate (CAGR) of 217% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iviewtech.co.in.
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- Website
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- Registered AddressNo. 17/A 2nd Floor Kalpavalli Tower 4th N Block Dr. Rajkumar Road Rajaji N, Agar, Bangalore, Karnataka, India – 560010
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Novitas Technologies Private Limited
The main business activity of Novitas Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Novitas Technologies Private Limited FY 2021 filings available
Novitas Technologies Private Limited reported revenue of ₹2.76 Cr (up 271% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Novitas Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 217% over three years, including 271% growth in the latest year. EBITDA fell 59% 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 Novitas Technologies Private Limited
| Metrics | FY 2020-21 | 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 | -₹62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹68.6 Lakh | •••• | •••• | •••• | •••• |
| 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 Novitas Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -24.8% | •••• | •••• | •••• | •••• |
| 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 Novitas Technologies are in the company report.
Financial statements from 2015
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.
Peer Comparison of Novitas Technologies Private Limited
Novitas Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunflower Techno Solutions Private Limited | ₹2.8 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Bangalore, Karnataka, India |
| Amity E-Technologies Private Limited | ₹2.79 Cr (FY 2025) | •••• | •••• | 344.0% | •••• | Delhi, India |
| Mudra Electronics Limited | ₹2.78 Cr (FY 2022) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Nikulsan Technologies Private Limited | ₹2.78 Cr (FY 2021) | •••• | •••• | -65.0% | •••• | Faridabad, Haryana, India |
| August Devices India Private Limited | ₹2.78 Cr (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Novitas Technologies Private Limited this company | ₹2.76 Cr (FY 2021) | •••• | •••• | 271.0% | •••• | Bangalore, Karnataka, India |
| Actolap Solutions India Private Limited | ₹2.76 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Black Canvas Corporate United Private Limited | ₹2.76 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | Hyderabad, Telangana, India |
| Av Abacus International Private Limited | ₹2.76 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Karnal, Haryana, India |
| Ileaf Solutions Private Limited | ₹2.75 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Kochi, Kerala, India |
| Incitegravity Private Limited | ₹2.74 Cr (FY 2025) | •••• | •••• | 814.0% | •••• | Manesar, Haryana, India |
Peers are the five companies nearest above and the five nearest below Novitas Technologies by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Novitas Technologies Private Limited
Novitas Technologies Private Limited is audited by B R R & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B R R & CO | 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 Novitas Technologies Private Limited
Novitas Technologies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeepa Aladahalli Dyavaiah | Director | 31 May 2016 | 10 Years 4 Months | Current |
| Suresh Nadal Bhaskar | Director | 24 May 2019 | 7 Years 4 Months | Current |
Ownership and Shareholding of Novitas 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 Novitas Technologies Private Limited
Novitas Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Novitas Technologies Private Limited
Employment history and EPFO contributions of people linked to Novitas 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 Novitas Technologies Private Limited
Novitas Technologies Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Mayanna ceased to be Director on 24 May 2019.
Credit Ratings, Litigation & Regulatory Alerts for Novitas 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 Novitas 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 Novitas 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 Novitas Technologies Private Limited
Novitas Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCN5056D1ZI | 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 Novitas 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 Novitas Technologies Private Limited
Novitas Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 January 2011 (15+ years old) and is registered under CIN U72200KA2011PTC056511.
Novitas Technologies reported revenue of ₹2.76 Cr for FY 2021 (up 271% YoY).
Novitas Technologies has 2 current directors:
- Sandeepa Aladahalli Dyavaiah - Director
- Suresh Nadal Bhaskar - Director
Novitas Technologies reported a net loss of ₹68.6 Lakh (net margin -24.8%) and EBITDA of -₹62 Lakh (EBITDA margin -22.4%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Novitas Technologies is 217% over three years. In the latest year (FY 2021) revenue rose 271%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Novitas Technologies is 29AADCN5056D1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Novitas Technologies is U72200KA2011PTC056511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novitas Technologies was incorporated on 05 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Novitas Technologies by revenue are Sunflower Techno Solutions Private Limited, Amity E-Technologies Private Limited, Mudra Electronics Limited, Nikulsan Technologies Private Limited, August Devices India Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Mayanna ceased to be Director on 24 May 2019. Rajashekharagouda Kattegoudar ceased to be Director on 24 May 2019. Rangenahally Ramakrishna Vijayakumara ceased to be Director on 24 May 2019. Novitas Technologies has 7 board changes on record in total.
Novitas Technologies can be reached through the website iviewtech.co.in. Its registered office is in Bangalore, Karnataka, India.