Chennovate Solutions Private Limited

Software company founded in 2016, based in Chennai, Tamil Nadu.

2016 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 14, 2024

Chennovate Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 8 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -0.27%
  • Profit Growth 121.25%
  • Ebitda 129.04%
  • Net Worth 35.91%
  • Total Assets 9.98%

About Chennovate Solutions

Chennovate Solutions Private Limited (CSPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 December 2016 (Eight years and one month 2 days old ). Its registered office is in Chennai, Tamil Nadu, India.

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 2022. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Peermohaideensai Mohammedshahulsyedebrahim, Umesh Ramachandran, and Madeena Ali serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2016PTC113914

  • Company No.

    113914

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 2016

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Chennovate Solutions?

Board Members (3)

Name Designation Appointment Date Status
Umesh Ramachandran Country flag representing In Director 30-Sep-2023 Current
Peermohaideensai Mohammedshahulsyedebrahim Country flag representing In Director 28-Dec-2016 Current
Madeena Ali Country flag representing In Director 07-Nov-2018 Current

Financial Performance of Chennovate Solutions.

Chennovate Solutions Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 0.27% decrease. The company also saw a substantial improvement in profitability, with a 121.25% increase in profit. The company's net worth Soared by an impressive increase of 35.91%.

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
-0.27%
Revenue from Operations
-0.27%
Total Assets
9.98%
Profit or Loss
121.25%
Net Worth
35.91%
EBITDA
129.04%

What is the Ownership and Shareholding Structure of Chennovate Solutions?

In 2020, Chennovate Solutions had a promoter holding of 100.00%. 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 Chennovate Solutions?

Unlock and access historical data on people associated with Chennovate Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chennovate Solutions, 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 Chennovate Solutions'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 Chennovate Solutions

Recent activity within the organization

  • Director Appointment

    Umesh Ramachandran was appointed as a Director was appointed as a Director on 30 Sep 2023 & has been associated with this company since 1 year 4 months .

    30 Sep 2023

  • Annual General Meeting

    Chennovate Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Chennovate Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.

    31 Mar 2022

  • Director Appointment

    Madeena Ali Anvar Ali was appointed as a Director was appointed as a Director on 07 Nov 2018 & has been associated with this company since 6 years 2 months .

    07 Nov 2018

  • Director Appointment

    Peermohaideensai Mohammedshahulsyedebrahim was appointed as a Director was appointed as a Director on 28 Dec 2016 & has been associated with this company since 8 years 1 month .

    28 Dec 2016

  • Company Incorporation

    Chennovate Solutions Private Limited was registered on 28 Dec 2016 with Roc Chennai & aged 8 years 1 month as per MCA records.

    28 Dec 2016

Frequently asked questions

  • Chennovate Solutions Private Limited was incorporated on 28 Dec 2016.

  • The authorized share capital of Chennovate Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Chennovate Solutions Private Limited.

    • Peermohaideensai Mohammedshahulsyedebrahim
    • Umesh Ramachandran
    • Madeena Ali Anvar Ali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chennovate Solutions Private Limited is Old No. 12 New 2 Kamal-Lok Building Ground Floor Front Portion Gajapathy Road Kil Pauk, India, Chennai, Tamil Nadu, 600010.

  • The corporate identification number (CIN) of Chennovate Solutions Private Limited is U74999TN2016PTC113914 and the company number is 113914 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Chennovate Solutions Private Limited is https://www.chennovate.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Chennovate Solutions Private Limited has fallen by -0.27%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Chennovate Solutions Private Limited has experienced an upsurge of 35.91%.

  • The most recent Balance Sheet for Chennovate Solutions Private Limited was filed with the ROC on 31 Mar 2022.

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