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Novo Insurance Broking Services Location T. Score People Network Registered Details
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NOVO INSURANCE BROKING SERVICES PRIVATE LIMITED

Active
Updated: 13 Oct 2024

Novo Insurance Broking Services Private Limited, is an unlisted private company incorporated on 24 July, 2018. It is classified as a private limited company and is located in Hyderabad, Telangana. It's authorized share capital is INR 11.00 cr and the total paid-up capital is INR 5.63 cr.

Novo Insurance Broking Services's operating revenue range is INR 1 cr - 100 cr for the financial year ending on 31 March, 2022. It's EBITDA has increased by 102.18% over the previous year. At the same time, it's book networth has increased by 45.33%.

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Industry

Insurance
Products
  • Insurance brokerage and agency services, Life/Non-life Insurance and Reinsurance activities
Key Metrics

** All rupee values in INR lacs. Based on March 2022 numbers.

Sales
58.29%
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EBITDA
102.18%
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Net Profit
89.12%
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Networth
45.33%
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Borrowings
-100.0%
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Assets
73.79%
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Gross Margin
-
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Operating Margin
4.04
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Net Profit Margin
2.59
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Return on Equity
6.56
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ROCE
6.55
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Debt to Equity
-0.1
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Sales
Mar 2022
Net worth
Mar 2022

Locations

indian flag India (1)
State Type Address

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Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR lacs
Mar 2019 Mar 2020 Mar 2021 Mar 2022
Sales GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO
Gross margin GET PRO GET PRO GET PRO GET PRO
Operating margin GET PRO GET PRO GET PRO GET PRO
Net margin GET PRO GET PRO GET PRO GET PRO
Networth
Borrowings GET PRO GET PRO GET PRO GET PRO
Assets GET PRO GET PRO GET PRO GET PRO
Debt to equity GET PRO GET PRO GET PRO GET PRO
Current ratio GET PRO GET PRO GET PRO GET PRO
ROE GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO
WC days GET PRO GET PRO GET PRO GET PRO
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR lacs
Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity Capital GET PRO GET PRO GET PRO GET PRO
Reserves GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO
Long term borrowings GET PRO GET PRO GET PRO GET PRO
Short term borrowings GET PRO GET PRO GET PRO GET PRO
Trade payables + GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO
Other liabilities + GET PRO GET PRO GET PRO GET PRO
Other non-current liabilities GET PRO GET PRO GET PRO GET PRO
Other current liabilities GET PRO GET PRO GET PRO GET PRO
Total liabilities GET PRO GET PRO GET PRO GET PRO
Fixed Assets + GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO
Other non-current assets GET PRO GET PRO GET PRO GET PRO
Current assets + GET PRO GET PRO GET PRO GET PRO
Inventories GET PRO GET PRO GET PRO GET PRO
Trade receivables GET PRO GET PRO GET PRO GET PRO
Cash and cash equivalents GET PRO GET PRO GET PRO GET PRO
ST loans and advances GET PRO GET PRO GET PRO GET PRO
Other current assets GET PRO GET PRO GET PRO GET PRO
Total assets GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR lacs
Mar 2019 Mar 2020 Mar 2021 Mar 2022
Sales + GET PRO GET PRO GET PRO GET PRO
Sales growth % GET PRO GET PRO GET PRO GET PRO
Expenses + GET PRO GET PRO GET PRO GET PRO
Cost of goods GET PRO GET PRO GET PRO GET PRO
Employee cost GET PRO GET PRO GET PRO GET PRO
Other costs GET PRO GET PRO GET PRO GET PRO
Operating profit + GET PRO GET PRO GET PRO GET PRO
Operating margin % GET PRO GET PRO GET PRO GET PRO
Other income GET PRO GET PRO GET PRO GET PRO
Interest GET PRO GET PRO GET PRO GET PRO
Depreciation GET PRO GET PRO GET PRO GET PRO
Exceptional items GET PRO GET PRO GET PRO GET PRO
Profit before tax GET PRO GET PRO GET PRO GET PRO
Tax GET PRO GET PRO GET PRO GET PRO
Profit - disc. ops GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO
Net margin % GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2019 Mar 2020 Mar 2021 Mar 2022
Solvency +
Total Debt/Equity GET PRO GET PRO GET PRO GET PRO
Net Debt/Equity GET PRO GET PRO GET PRO GET PRO
Total Debt/Assets GET PRO GET PRO GET PRO GET PRO
Total Assets/Equity GET PRO GET PRO GET PRO GET PRO
Liquidity +
Current Ratio GET PRO GET PRO GET PRO GET PRO
Quick Ratio GET PRO GET PRO GET PRO GET PRO
Interest Coverage GET PRO GET PRO GET PRO GET PRO
Performance
Gross Margin GET PRO GET PRO GET PRO GET PRO
Operating Margin GET PRO GET PRO GET PRO GET PRO
Net Margin GET PRO GET PRO GET PRO GET PRO
Return +
Return on Equity GET PRO GET PRO GET PRO GET PRO
Pre-tax ROCE GET PRO GET PRO GET PRO GET PRO
Return on Assets GET PRO GET PRO GET PRO GET PRO
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Efficiency +
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Working Capital
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Ratios

Current ratio
Debt/equity ratio

People

Designation Name DIN/PAN Tenure
Director Subba Raju Bhupatiraju 07901586 1 years
Whole-time Director Chandra Sekhar Parvatham
Shareholder
08186093 6 years
Director Subbarao Pinnamaneni 08304102 4 years
Director Syam Babu Pilli 09370928 3 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
KRISSAN SEVA PRIVATE LIMITED
Active
1.0 L 2 Telangana
FLEXCETERA TECH SOLUTIONS PRIVATE LIMITED
Active
1.0 L 1 Telangana
RKBS CONSULTING LLP
Active
50,000.0 1 Telangana
VALOUR CONSULTING LLP
Active
50,000.0 1 Telangana

Registered Details

CIN

U66000TG2018PTC125815

PAN

AAGCN1481M

Incorporation

2018, 6.4 years

Company Email

accounts@novoinsure.com

Paid up Capital

₹ 5.6 Cr

Authorised Capital

₹ 11.0 Cr

AGM

31 Jun 2024

Type

Private
Non-government Company

Last Balance Sheet Date
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Mar 2023 Updated on : 13 Oct 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - NOVO INSURANCE BROKING SERVICES PRIVATE LIMITED

What is the incorporation date of NOVO INSURANCE BROKING SERVICES PRIVATE LIMITED?

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The incorporation date of NOVO INSURANCE BROKING SERVICES PRIVATE LIMITED is 24 July, 2018

What is the authorized share capital of NOVO INSURANCE BROKING SERVICES PRIVATE LIMITED?

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The authorized share capital of NOVO INSURANCE BROKING SERVICES PRIVATE LIMITED is INR ₹ 11.0 Cr.

What is the paid-up capital of NOVO INSURANCE BROKING SERVICES PRIVATE LIMITED?

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The paid-up capital of NOVO INSURANCE BROKING SERVICES PRIVATE LIMITED is INR ₹ 5.6 Cr.

What is the registered address of NOVO INSURANCE BROKING SERVICES PRIVATE LIMITED?

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The registered address of NOVO INSURANCE BROKING SERVICES PRIVATE LIMITED is FLAT NO.4C, MUNCIPAL NO. 6-3-1218/6, 4TH FLOOR, MACHERLA A PARTMENTS, UMA NAGA R, NA BEGUMPET Hyderabad Telangana - 500016

What is the CIN number of NOVO INSURANCE BROKING SERVICES PRIVATE LIMITED?

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The CIN number of NOVO INSURANCE BROKING SERVICES PRIVATE LIMITED is U66000TG2018PTC125815.

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