About Novo Elite Private Limited
Data last updated:
Novo Elite Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 06 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74994TG2018PTC122123. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Novo Elite Tours & Travel Private Limited and Network Travel Private Limited. It is led by directors Devasani Srinivas (Managing Director) and Javeed Hussain Syed.
Its last annual general meeting (AGM) was held on 01 March 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Office No 209 Rp Business Park, Hyderabad, Telangana.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
For more details, the company can be reached via its website networktraveli.com.
Company details
Name history
Novo Elite has undergone 4 name changes throughout its history. The current legal name is Novo Elite Private Limited.
| Company Name | Status |
|---|---|
| Novo Elite Private Limited | Current |
| Novo Elite Tours & Travel Private Limited | Previous |
| Network Travel Private Limited | Previous |
| Sheertel Private Limited | Previous |
| Ni Travel Private Limited | Previous |
Contact details
Novo Elite Private Limited's registered office is in Hyderabad, Telangana. Its website is networktraveli.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No 209 Rp Business Park, Al Hamra Colony, Hyderabad, Telangana, India – 500008
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Novo Elite 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
Business activity
The main business activity of Novo Elite is arts, entertainment and recreation. In detail, this covers sports, amusement and recreation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R4 | Sports, amusement and recreation activities |
Financials of Novo Elite Private Limited
FY 2022 filings availableFinancial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| 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 | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Novo Elite Private Limited, buy the company report.
Board of directors of Novo Elite Private Limited
Novo Elite has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Javeed Hussain Syed | Director | 06 Feb 2018 | 8 Years 9 Months | Current |
| Devasani Srinivas | Managing Director | 25 Apr 2023 | 3 Years 6 Months | Current |
Shareholding
The shareholding of Novo Elite Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Novo Elite Private Limited, buy the company report.
Legal cases
Novo Elite Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed against the company by M/S Aman Travels Ltd. | Pending |
To see the full case history of Novo Elite Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Novo Elite Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novo Elite has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Novo Elite Private Limited, buy the company report.
Recent activity
Novo Elite Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Mohd Adam Khan ceased to be Director on 27 Apr 2023.
Frequently asked questions
Novo Elite is an active private limited company based in Hyderabad, Telangana, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 06 February 2018 (8+ years old) and is registered under CIN U74994TG2018PTC122123.
Novo Elite has 2 current directors:
- Devasani Srinivas - Managing Director
- Javeed Hussain Syed - Director
The latest financial statements of Novo Elite on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 01 March 2023. Year-wise statements from FY 2018 are in the company report.
No. Novo Elite has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Novo Elite is U74994TG2018PTC122123. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novo Elite has 1 court case on record: 1 filed against it. 1 is pending.
Novo Elite was incorporated on 06 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Mohd Adam Khan ceased to be Director on 27 Apr 2023. Syeda Farah Naaz ceased to be Director on 27 Apr 2023. Devasani Srinivas was appointed as Managing Director on 25 Apr 2023. Novo Elite has 4 board changes on record in total.
Novo Elite can be reached through the website networktraveli.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Novo Elite is at Office No 209 Rp Business Park, Al Hamra Colony, Hyderabad, Telangana, India – 500008.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
