Novopay Solutions Private Limited - Company overview

Registered with ROC Bangalore on 20 February 2014, Novopay is an active private limited company that has been around for about 12 years.

2014-02-20 Bangalore East Taluk, Karnataka Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50–100 Cr
▼ -51.2%
FY 2023
PROFIT / LOSS
₹5–10 Cr
▲ 500.1%
FY 2023
EBITDA
₹5–10 Cr
▲ 374.1%
FY 2023
NET WORTH
₹5–10 Cr
▲ 7.0%
FY 2023
TOTAL ASSETS
₹50–100 Cr
▲ 2.0%
FY 2023
EMPLOYEE COUNT
241–250
OPEN CHARGES
1
-
PAID-UP CAPITAL
12.26 Lakh
AUTHORISED CAPITAL
23.00 Lakh
COMPANY AGE
12 Years 8 Months
since 2014-02-20
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-27
ACTIVE GST
1
Updated: 2024-02-20 12:50:01
SATISFIED CHARGES
1
20.00 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Novopay covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
75/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (61), financial health (70), director (90) and company-foundation signals.
  • Operating for 12+ years.
Compliance Score Moderate
61/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score Moderate
70/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Novopay Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Bangalore on 20 February 2014, Novopay is an active private limited company that has been around for about 12 years. The registered office is in Bangalore East Taluk, Karnataka.

In its MCA filings the main business is listed as computer programming, consultancy and related activities, which made up 98.49% of turnover.

It has two directors: Srikanth Nadhamuni and Gautam Bandyopadhyay. The longest-serving is Srikanth Nadhamuni, on the board since 2014; the most recent to join is Gautam Bandyopadhyay, appointed in April 2019. Ten former directors are on record; the most recent to leave was Bipin Narandas Gemani in November 2023. Between them, the directors also sit on the boards of 10 other companies, including Khosla Assent Private Limited and Khosla Labs Private Limited.

₹12.26 lakh of its ₹23 lakh authorised capital is paid up (about 53%). Its latest balance sheet on MCA is for the year ending 31 March 2024, and the last AGM was on 27 September 2024. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. The one charge registered against it has been satisfied, so no secured loan is open.

Financial Services ••••••••
  • Location Ii Floor, No 18/2A, Khata No 629, Ambalipura Villa Sarjapura Main Road, Bellandur Gate, Var, Bangalore East Taluk, Karnataka - 560102
  • Website novopay.in
LinkedIn Facebook Twitter YouTube
Legal NameNovopay Solutions Private Limited
CIN / LLPINU62011KA2014PTC073736
Company No.073736
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2014-02-20
Date of AGM2024-09-27
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Novopay (2) Current board members from MCA filings, including designation and appointment details.

S
Srikanth Nadhamuni
Nominee Director | Since 2014-07-07 | DIN: 02551389
G
Gautam Bandyopadhyay
Director | Since 2019-04-26 | DIN: 06738205

Financial Performance of Novopay Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹50–100 Cr ▼ -51.2%
P&L ₹5–10 Cr ▲ 500.1%
EBITDA ₹5–10 Cr ▲ 374.1%
Net worth ₹5–10 Cr ▲ 7.0%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Novopay Open and satisfied charges registered against the company with MCA.

Others : 20.00 cr
Open Charges: 1 Satisfied Charges: 1
Open -
Satisfied 20.00 cr
LenderAmountStatus
Others
Creation Date: 11 Jul 2018
 20.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationComputer programming, consultancy and related activities98.49
Financial and insurance ServiceOther financial activities1.51

Companies With Common Directors Of Novopay Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Khosla Assent Private Limited 2 Shared Directors
Khosla Labs Private Limited 2 Shared Directors
Novopay Solutions Private Limited 2 Shared Directors
Five Threads Foundation 1 Shared Director
Governation Solutions Private Limited 1 Shared Director
Khosla Ventures Advisory Services Private Limited 1 Shared Director
Klarity Intelligence (India) Private Limited 1 Shared Director
Novopay Money Private Limited 1 Shared Director
Novopay Retail Solutions Private Limited 1 Shared Director
Totemic Labs India Private Limited 1 Shared Director

Financial Ratios of Novopay Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Novopay Ownership and contribution detail from filings. Full breakdown unlocks with your report.

9 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Novopay EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Novopay GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Novopay Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Novopay MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Novopay Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

1 subsidiary on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Novopay Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Novopay Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Novopay?
MCA does not publish an "owner" field. Novopay is run by its directors, Srikanth Nadhamuni and Gautam Bandyopadhyay. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Novopay?
Novopay has two current directors: Srikanth Nadhamuni (since July 2014) and Gautam Bandyopadhyay (since April 2019).
What is CIN of Novopay?
The CIN of Novopay is U62011KA2014PTC073736. Reading it left to right: U means it is not listed, 62011 is the industry code it registered under, KA is Karnataka, 2014 is the year it was registered, PTC is the company type and 073736 is its registration number.
When was Novopay incorporated?
Novopay was incorporated on 20 February 2014 with ROC Bangalore. That makes it about 12 years old.
What is the registered address of Novopay?
The registered office on MCA records is Ii Floor, No 18/2A, Khata No 629, Ambalipura Villa Sarjapura Main Road, Bellandur Gate, Var, Bangalore East Taluk, Karnataka - 560102.
What is the current status of Novopay?
MCA shows Novopay as Active, and its last AGM on record was in September 2024.
What is the contact number or email for Novopay?
You can post to its registered office at Ii Floor, No 18/2A, Khata No 629, Ambalipura Villa Sarjapura Main Road, Bellandur Gate, Var, Bangalore East Taluk, Karnataka - 560102 and use its website, https://novopay.in.
What industry or business activity is Novopay associated with?
Its MCA filings list the main business as computer programming, consultancy and related activities (98.49% of turnover).
What is paid-up capital and authorised share capital of Novopay?
Paid-up capital is ₹12.26 lakh and authorised capital is ₹23 lakh, so about 53% of the authorised amount has been issued.
When did Novopay last file accounts and hold an AGM?
The last AGM on record was on 27 September 2024, and the latest balance sheet is for the year ending 31 March 2024. Nothing newer than 2024 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Novopay?
No charge is open. The one charge registered against Novopay has been satisfied.
Have any directors left Novopay?
Yes, ten former directors are on record. The most recent to leave were Bipin Narandas Gemani (November 2023), Sunil Kakar (September 2022) and Prashanth Yedabettu Narayan (August 2022).
Which companies share directors with Novopay?
10 companies share directors with Novopay. Among them are Khosla Assent Private Limited, Khosla Labs Private Limited, Novopay Solutions Private Limited and 7 more.
What is the turnover or revenue of Novopay?
Based on filed financial statements, the revenue of Novopay for FY 2023 was in the ₹50–100 Cr range. That is down 51.2% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Novopay?
For FY 2023, the net worth of Novopay was in the ₹5–10 Cr range.
How can I get the financial details of Novopay?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Novopay?
The website on record for Novopay is https://novopay.in.
Which company owns novopay.in?
novopay.in is the website listed for Novopay Solutions Private Limited in its company records.
Novopay - is it listed or unlisted?
Novopay is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Novopay?
Novopay is registered with ROC Bangalore.
What is the company classification of Novopay?
MCA classifies Novopay as: Private Limited Indian Non-Government Company.
Does Novopay have subsidiaries?
Yes, one subsidiary is on record for Novopay.
Does Novopay have GST registrations on file?
Yes, one active GST registration is linked to Novopay.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.