Apex Covantage India Private Limited

IT company providing solutions for publishers, libraries, media, and cultural institutions since 2007.

2007 | Hyderabad, Telangana (India) | Active
Last Updated: June 17, 2024

Apex Covantage India Profile

Key Indicators

  • Authorised Capital ₹ 5.77 Cr
  • Paid Up Capital ₹ 2.26 Cr
  • Company Age 18 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 25.93%
  • Profit Growth 42.73%
  • Ebitda 37.74%
  • Net Worth 21.51%
  • Total Assets 1.61%

About Apex Covantage India

Apex Covantage India Private Limited (ACIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 January 2007 and has a history of 18 years. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Wordworks Apex Ites (India) Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.77 Cr and a paid-up capital of Rs 2.26 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raja Deiveegan and Pardhasaradhi Karamsetti serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2007PTC052404

  • Company No.

    052404

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Apex Covantage India?

Board Members (2)

Name Designation Appointment Date Status
Raja Deiveegan Country flag representing In Director 01-Jan-2015 Current
Pardhasaradhi Karamsetti Country flag representing Us Director 21-Jan-2013 Current

Financial Performance of Apex Covantage India.

Apex Covantage India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.93% increase. The company also saw a substantial improvement in profitability, with a 42.73% increase in profit. The company's net worth Soared by an impressive increase of 21.51%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
25.93%
Revenue from Operations
26.08%
Total Assets
1.61%
Profit or Loss
42.73%
Net Worth
21.51%
EBITDA
37.74%

What is the Ownership and Shareholding Structure of Apex Covantage India?

In 2023, Apex Covantage India had a promoter holding of 99.99% and a public holding of 0.01%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Apex Covantage India?

Apex Covantage India has a workforce of 1062 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Apex Covantage India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Apex Covantage India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Apex Covantage India

Recent activity within the organization

  • Annual General Meeting

    Apex Covantage India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Apex Covantage India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Raja Deiveegan was appointed as a Director was appointed as a Director on 01 Jan 2015 & has been associated with this company since 10 years 1 month .

    01 Jan 2015

  • Director Appointment

    Pardhasaradhi Karamsetti was appointed as a Director was appointed as a Director on 21 Jan 2013 & has been associated with this company since 12 years 10 days .

    21 Jan 2013

  • Company Incorporation

    Apex Covantage India Private Limited was registered on 19 Jan 2007 with Roc Hyderabad & aged 18 years 13 days as per MCA records.

    19 Jan 2007

Frequently asked questions

  • Apex Covantage India Private Limited was incorporated on 19 Jan 2007.

  • The authorized share capital of Apex Covantage India Private Limited is ₹ 5.77 Cr and paid-up capital is ₹ 2.26 Cr.

  • Currently 2 directors are associated with Apex Covantage India Private Limited.

    • Raja Deiveegan
    • Pardhasaradhi Karamsetti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Apex Covantage India Private Limited is 1-89/3/B/40-42/Ks/1001 10Th Floor Krishe Block(South Block)Krishe Sapphir, EMadhapur, Hyderabad, Telangana, India, 500081.

  • The corporate identification number (CIN) of Apex Covantage India Private Limited is U72200TG2007PTC052404 and the company number is 052404 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Apex Covantage India Private Limited is https://www.apexcovantage.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Apex Covantage India Private Limited has risen by 25.93%.

  • As Per 2023 financial reports, 1062 employees are currently employed by Apex Covantage India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Apex Covantage India Private Limited has experienced an upsurge of 21.51%.

  • The most recent Balance Sheet for Apex Covantage India Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on IT Consulting & Support Services