Novo Insurance Broking Services Private Limited, a active private limited company, was established on 24 July 2018 in Begumpet, Telangana, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U66000TG2018PTC125815. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹11.00 Cr and a paid-up capital of ₹5.63 Cr.
It upholds a compliant status. Employing 92 professional, Its leadership includes Syam Babu Pilli (Director), Chandra Sekhar Parvatham (Whole-Time Director), Suresh Nannimangalam Balakrishnan (Director). Past directors included Srinivasan Vedala, Padma Pinnamaneni, Pullayya Sanku. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Flat No.4C, Muncipal No. 6-3-1218/6, 4Th Floor, Macherla Apartments, Uma Naga, R,, Begumpet, Telangana, 500016.
U66000TG2018PTC125815
125815
24 July 2018
₹11.00 Cr
₹5.63 Cr
Roc Hyderabad
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Syam Babu Pilli | Director | 13 Nov 2021 | Current |
| Chandra Sekhar Parvatham | Whole-Time Director | 24 Jul 2018 | Current |
| Suresh Nannimangalam Balakrishnan | Director | 14 Sep 2024 | Current |
| Subba Raju Bhupatiraju | Director | 25 Jul 2023 | Current |
| Subbarao Pinnamaneni | Director | 15 Mar 2021 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 06 Jul 2021 | Past |
| Pramod Abcsdd | Director | 15 Mar 2021 | Past |
| Pramod Abcsdd | Additional Director | 22 Oct 2019 | Past |
| Pramod Abcsdd | Director | 09 Aug 2018 | Past |
| Pramod Abcsdd | Director | 27 Jan 2020 | Past |
| Pramod Abcsdd | Additional Director | 01 Sep 2023 | Past |
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Novo Insurance Broking Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 104.77% increase. The company also saw a substantial improvement in profitability, with a 43.11% increase in profit. The company's net worth Soared by an impressive increase of 123.1%.
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In 2023, Novo Insurance Broking Services had a promoter holding of 61.73% and a public holding of 38.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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There are no open charges registered against the company as per our records.
Novo Insurance Broking Services has a workforce of 92 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Novo Insurance Broking Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Novo Insurance Broking Services's trajectory.
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Novo Insurance Broking Services Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.
The activity Novo Insurance Broking Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad. was completed.
The activity Suresh Nannimangalam Balakrishnan was appointed as a Director was appointed as a Director on 14 Sep 2024 & has been associated with this company since 1 year 2 months . was completed.
The activity Subba Raju Bhupatiraju was appointed as a Director was appointed as a Director on 25 Jul 2023 & has been associated with this company since 2 years 4 months . was completed.
The activity Syam Babu Pilli was appointed as a Director was appointed as a Director on 13 Nov 2021 & has been associated with this company since 4 years 19 days . was completed.
Subbarao Pinnamaneni was appointed as a Director was appointed as a Director on 15 Mar 2021 & has been associated with this company since 4 years 8 months . was recorded as a recent event.
The CIN of Novo Insurance Broking Services Private Limited is U66000TG2018PTC125815.
Novo Insurance Broking Services Private Limited is headquartered at Flat No.4C, Muncipal No. 6-3-1218/6, 4Th Floor, Macherla Apartments, Uma Naga, R,, Begumpet, Telangana, 500016.
Novo Insurance Broking Services Private Limited was incorporated on 24 July 2018.
The current directors of Novo Insurance Broking Services Private Limited are
The primary industry of Novo Insurance Broking Services Private Limited is Financial And Insurance Service.
Novo Insurance Broking Services Private Limited is unlisted.
The authorized capital of Novo Insurance Broking Services Private Limited is ₹11.00 Cr, and the paid-up capital is ₹5.63 Cr.
The compliance status of Novo Insurance Broking Services Private Limited is Compliant.
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