Novocom Ventures Private Limited

Novocom Ventures Private Limited - pharma in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U24303KA2022PTC160405 Incorporated 23 April 2022 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company pharma MSME · Micro
Data last updated
Revenue · FY 2024
₹3.72 Cr
▲ 88% YoY
Net profit · FY 2024
₹3.01 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹11.04 Lakh
EBITDA margin 3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹58 Lakh
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings

About Novocom Ventures Private Limited

Data last updated:

Novocom Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 23 April 2022.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24303KA2022PTC160405.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sanil Dan Simon (Managing Director) and Simon Daniel (Managing Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #218 1st & 2nd Floor 2nd Main Road Kasturi Nagar, Bangalore, Karnataka, India – 560043.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.72 Cr, a growth of 88% compared to the previous year. For the same year it recorded a net profit of ₹3.01 Lakh (net margin 0.8%) and EBITDA of ₹11.04 Lakh (EBITDA margin 3%).

As per MCA filings, the company has open charges of ₹58 Lakh on record.

Novocom Ventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0164338).

Company details

CIN U24303KA2022PTC160405
Registration Number 160405
Incorporation Date 23 April 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0164338

Recognitions & Rankings of Novocom Ventures

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-KR-03-0164338

Contact details

Novocom Ventures Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    #218 1st & 2nd Floor 2nd Main Road Kasturi Nagar, Bangalore, Karnataka, India – 560043
  • Industry
    Pharma, Drug Formulation & Development
Comprehensive company report
Novocom Ventures Private Limited - one report that includes everything
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  • 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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Business activity

The main business activity of Novocom Ventures is hospital and medical care. In detail, this covers other hospital and medical care activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
QHospital and Medical CareQ6Other Hospital and Medical Care Activities

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

Financials of Novocom Ventures Private Limited

FY 2024 filings available

Novocom Ventures Private Limited reported revenue of ₹3.72 Cr (up 88% YoY) for FY 2024.

Revenue · FY 2024
₹3.72 Cr ▲ 88%
Net profit · FY 2024
₹3.01 Lakh margin 0.8%
EBITDA · FY 2024
₹11.04 Lakh margin 3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 88%

Revenue rose 88% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23
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₹11.04 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.01 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

MetricsFY 2023-24FY 2022-23
Profitability
EBITDA Margin3%
Net Profit Margin0.8%
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

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

Board of directors of Novocom Ventures Private Limited

Novocom Ventures has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanil Dan SimonManaging Director23 Apr 20224 Years 6 MonthsCurrent
Simon DanielManaging Director23 Apr 20224 Years 6 MonthsCurrent
Jitin Joe SimonManaging Director23 Apr 20224 Years 6 MonthsCurrent

Charges & borrowings

Open charges
₹58 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.58 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Jun 2023100746776Others₹58 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

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

GST

No GST registration is on our record for Novocom Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Novocom Ventures Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Jitin Joe Simon was appointed as Managing Director on 23 Apr 2022.

AGM
Novocom Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Novocom Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 58.00 Lakh with Charge ID 100746776 was registered on 09 Jun 2023.
Appointed
Jitin Joe Simon was appointed as Managing Director.
Appointed
Sanil Dan Simon was appointed as Managing Director.
Appointed
Simon Daniel was appointed as Managing Director.
Incorporation
23 Apr 2022
Novocom Ventures Private Limited was registered on 23 Apr 2022 with Roc Bangalore & aged 4 years 6 months as per MCA records.

Frequently asked questions

Novocom Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 23 April 2022 (4+ years old) and is registered under CIN U24303KA2022PTC160405.

Novocom Ventures has 3 current directors:

The latest financial statements of Novocom Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2023 are in the company report.

The CIN (Corporate Identification Number) of Novocom Ventures is U24303KA2022PTC160405. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Novocom Ventures was incorporated on 23 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.

Jitin Joe Simon was appointed as Managing Director on 23 Apr 2022. Sanil Dan Simon was appointed as Managing Director on 23 Apr 2022. Simon Daniel was appointed as Managing Director on 23 Apr 2022.

Yes, Novocom Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0164338).

The registered office of Novocom Ventures is at #218 1st & 2nd Floor 2nd Main Road Kasturi Nagar, Bangalore, Karnataka, India – 560043.

Novocom Ventures operates in the pharma industry, in the drug formulation and development segment.

Novocom Ventures has open charges of ₹58 Lakh and no satisfied charges on record as per latest MCA filings.