About Noventiq Services India Private Limited
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Noventiq Services India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Softline Overseas Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2014PTC255007. Its GSTIN is 27AAUCS4616H1ZW (Maharashtra). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.85 Cr. It was formerly known as Softline Services India Private Limited. It is led by director Vinod Sethumadhavan Nair (Managing Director).
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹5,691.13 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹27.65 Cr (net margin 0.5%) and EBITDA of ₹73.52 Cr (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 272% over three years and 153% over five years.
The company has about 347 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹533.8 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 3 cases are pending. The company has 8 deals on record (4 rights issues, 2 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹131.44 Cr; the latest was in December 2021. The company has 4 MSME Form 1 returns on record between 2020 and 2024, listing 39 overdue payments to 15 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website noventiqindia.com.
Company details
Contact details
Noventiq Services India Private Limited's registered office is in Mumbai, Maharashtra. Its website is noventiqindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 614 Kanakia Wallstreet Chakala Andheri Kurla Road Hanuman Nagar Andhe, Ri East, Mumbai, Maharashtra, India – 400093
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Noventiq Services India 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 Noventiq Services India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Noventiq Services India Private Limited, buy the company report.
Financials of Noventiq Services India Private Limited
FY 2024 filings availableNoventiq Services India Private Limited reported revenue of ₹5,691.13 Cr (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 153% over five years, including 17% growth in the latest year. EBITDA rose 61% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹73.52 Cr | ||||
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| Net Profit (PAT) | ₹27.65 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Noventiq Services India Private Limited, buy the company report.
Board of directors and KMP of Noventiq Services India Private Limited
Noventiq Services India Private Limited currently reports 1 director and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satpreet Singh Also directs: Value Point Systems Private Limited, Umbrella Infocare Private Limited, Noventiq Global AI Solutions Private Limited and 2 more | Cfo | 25 May 2023 | 3 Years 5 Months | Current |
| Vinod Sethumadhavan Nair Also directs: Value Point Systems Private Limited, Umbrella Infocare Private Limited, Noventiq Global AI Solutions Private Limited and 1 more | Managing Director | 13 May 2016 | 10 Years 5 Months | Current |
Auditor
Noventiq Services India Private Limited is audited by S.R. Batliboi & Associates Llp for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates Llp | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Noventiq Services India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Noventiq Services India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2024 | 100974176 | Others | ₹30 Cr | Open | |
| 04 Jan 2024 | 100841456 | Hdfc Bank Limited | ₹60 Cr | Open | |
| 19 May 2023 | 100733104 | Others | ₹50 Cr | Open | |
| 12 Oct 2022 | 100630388 | Tata Capital Financial Services Limited | ₹14.39 Cr | Open | |
| 11 Feb 2022 | 100553963 | Tata Capital Financial Services Limited | ₹55 Cr | Open |
To see the full charge records of Noventiq Services India Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Noventiq Services India Private Limited has 8 deals on record (4 rights issues, 2 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹131.44 Cr; the latest was in December 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Rights issue | ₹37.65 Cr | Investors: Noventiq Holding Plc |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Softline Overseas Limited Seller: Softline Overseas Corp. |
| Mar 2016 | Rights issue | ₹2.74 Cr | Investors: Softline Overseas Corp. |
| Sep 2014 | Rights issue | ₹9.18 Cr | Investors: Softline Overseas Corp. |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: Softline Overseas Corp. Seller: Swiftindiainc Corporate Services Private Limited |
To see the full deal history of Noventiq Services India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Noventiq Services India Private Limited has 9 court cases on record: 8 filed by Noventiq Services India, 1 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 3 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by Trio Tree Technologies Pvt. Ltd | Pending |
| District court, Jaipur Metro II, Rajasthan | Civil suit | Filed by the company against Cyfuture India Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Trikaal Commercial Realty Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Trikaal Commercial Realty Private Limited | Disposed |
| High Court, MAHARASHTRA | Commercial suit | Filed by the company against Niva Bupa Health Insurance Company Limited | Disposed |
To see the full case history of Noventiq Services India 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.
Credit ratings & regulatory alerts
Noventiq Services India Private Limited was last rated by Crisil on 30 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Sep 2021 |
To see the full credit ratings and regulatory alerts of Noventiq Services India Private Limited, buy the company report.
MSME payment delays
Noventiq Services India Private Limited has 4 MSME Form 1 returns on record between 2020 and 2024, listing 39 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
To see the full MSME payment records of Noventiq Services India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Noventiq Services India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Embee Software Pvt Ltd | U72200MH1992PTC373114 |
To see the full group structure of Noventiq Services India Private Limited, buy the company report.
Employees & EPFO
Noventiq Services India Private Limited has a workforce of 347 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Noventiq Services India has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCS4616H1ZW | Maharashtra | Active | 01 Jul 2017 |
| 27AAUCS4616H2ZV | Maharashtra | Active | 24 Mar 2025 |
| 06AAUCS4616H1Z0 | Haryana | Active | 01 Jul 2017 |
| 29AAUCS4616H1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Noventiq Services India Private Limited, buy the company report.
Recent activity
Noventiq Services India Private Limited has 12 board changes on record since 2014: 2 appointments and 10 cessations. The latest: Satpreet Singh ceased to be Additional Director on 28 May 2023.
25 earlier events are in the company report.
Frequently asked questions
Noventiq Services India is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 March 2014 (12+ years old) and is registered under CIN U72900MH2014PTC255007.
Noventiq Services India has 2 current directors and KMP:
- Vinod Sethumadhavan Nair - Managing Director
- Satpreet Singh - Cfo
The latest financial statements of Noventiq Services India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Noventiq Services India is 27AAUCS4616H1ZW, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 27AAUCS4616H2ZV (Maharashtra), 06AAUCS4616H1Z0 (Haryana), 29AAUCS4616H1ZS (Karnataka).
The CIN (Corporate Identification Number) of Noventiq Services India is U72900MH2014PTC255007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Noventiq Services India has 9 court cases on record: 8 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Noventiq Services India was incorporated on 25 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Noventiq Services India has 8 deals on record (4 rights issues, 2 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹131.44 Cr; the latest was in December 2021.
Satpreet Singh ceased to be Additional Director on 28 May 2023. Satpreet Singh was appointed as CFO on 25 May 2023. Royston Charles Harding ceased to be Additional Director on 30 Sep 2019. Noventiq Services India has 12 board changes on record in total.
Noventiq Services India has 4 MSME Form 1 returns on record between 2020 and 2024, listing 39 overdue payments to 15 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Noventiq Services India can be reached through the website noventiqindia.com. Its registered office is in Mumbai, Maharashtra, India.
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