Novosol Systems Private Limited
About Novosol Systems Private Limited
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Novosol Systems Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 29 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2019PTC057406.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors Fayis Thandu Parakkal and Rabeesh Thanduparakkal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 344J Muhyadhin Juma Masjid Near Infopark, Ernakulam, Kerala.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.6 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹27,000 (net margin -10.4%) and EBITDA of -₹27,000 (EBITDA margin -10.4%).
Company details
Contact details
Novosol Systems Private Limited's registered office is in Ernakulam, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressFirst Floor B.No.I/344J Muhyadhin Juma Masjid Near Infopark Phase 2 Puthekurishu Villa, Ge, Ernakulam, Kerala, India – 682303
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Novosol Systems 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 Novosol Systems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Novosol Systems Private Limited, buy the company report.
Financials of Novosol Systems Private Limited
FY 2022 filings availableNovosol Systems Private Limited reported revenue of ₹2.6 Lakh (down 51% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 51% in the latest year. EBITDA rose 79% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹27,000 | |||
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| Net Profit (PAT) | -₹27,000 | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | ||||
| EBITDA Margin | -10.4% | |||
| Net Profit Margin | -10.4% | |||
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To see the full financial statements and ratios of Novosol Systems Private Limited, buy the company report.
Board of directors of Novosol Systems Private Limited
Novosol Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fayis Thandu Parakkal | Director | 29 Mar 2019 | 7 Years 7 Months | Current |
| Rabeesh Thanduparakkal | Director | 29 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Novosol Systems Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Serafim Designs (OPC) Private Limited | ₹2.6 Lakh (FY 2025) | 160.0% | Vadodara, Gujarat, India | |||
| Bogex Software Solutions Private Limited | ₹2.6 Lakh (FY 2018) | -68.0% | Bangalore, Karnataka, India | |||
| Techiesidentity Systems Private Limited | ₹2.6 Lakh (FY 2018) | -67.0% | Delhi, India | |||
| Aganith Private Limited | ₹2.6 Lakh (FY 2020) | -88.0% | Hyderabad, Telangana, India | |||
| Novosol Systems Private Limitedthis company | ₹2.6 Lakh (FY 2022) | -₹27,000 | -10.4% | -51.0% | Ernakulam, Kerala, India | |
| NSK Corporate Advisors Private Limited | ₹2.6 Lakh (FY 2024) | -38.0% | New Delhi, Delhi, India | |||
| Naiomi Enterprises India Private Limited | ₹2.6 Lakh (FY 2021) | 2347.0% | Navi Mumbai, Maharashtra, India | |||
| Brainingsafe Training and Consulting Private Limited | ₹2.6 Lakh (FY 2025) | -74.0% | Mavelikara, Kerala, India | |||
| Sara Global Rahee Private Limited | ₹2.6 Lakh (FY 2025) | -21.0% | Dehradun, Uttarakhand, India |
To see the full peer comparison of Novosol Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Novosol Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Novosol Systems 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 Novosol Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Novosol Systems Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Vineeth Kottayodan Kuttipurath ceased to be Director on 12 Oct 2021.
Frequently asked questions
Novosol Systems is an active private limited company based in Ernakulam, Kerala, India. The company works in other services, within the business services industry. It was incorporated on 29 March 2019 (7+ years old) and is registered under CIN U74999KL2019PTC057406.
Novosol Systems has 2 current directors:
- Fayis Thandu Parakkal - Director
- Rabeesh Thanduparakkal - Director
The latest financial statements of Novosol Systems on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Novosol Systems is U74999KL2019PTC057406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novosol Systems was incorporated on 29 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Novosol Systems by revenue are Serafim Designs (OPC) Private Limited, Bogex Software Solutions Private Limited, Techiesidentity Systems Private Limited, Aganith Private Limited, NSK Corporate Advisors Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Vineeth Kottayodan Kuttipurath ceased to be Director on 12 Oct 2021. Fayis Thandu Parakkal was appointed as Director on 29 Mar 2019. Rabeesh Thanduparakkal was appointed as Director on 29 Mar 2019.
The registered office of Novosol Systems is at First Floor B.No.I344J Muhyadhin Juma Masjid Near Infopark Phase 2 Puthekurishu Villa, Ge, Ernakulam, Kerala, India – 682303.
Novosol Systems operates in the business services industry, in the other services segment.
Novosol Systems can be reached at its registered office: First Floor B.No.I344J Muhyadhin Juma Masjid Near Infopark Phase 2 Puthekurishu Villa, Ge, Ernakulam, Kerala, India – 682303.
Novosol Systems is registered under the jurisdiction of the Registrar of Companies (ROC), Ernakulam.