Clonect Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 23-10-2024
- Paid Up Capital ₹ 0.40 M
as on 23-10-2024
- Company Age 10 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 2.80 M
as on 23-10-2024
- Revenue 16.80%
(FY 2023)
- Profit -13.55%
(FY 2023)
- Ebitda -17.46%
(FY 2023)
- Net Worth 1.44%
(FY 2023)
- Total Assets 2.32%
(FY 2023)
About Clonect Solutions
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 1.00 M and a paid-up capital of Rs 0.40 M.
The company has closed loans amounting to ₹2.80 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Balakrishnan Venkatraman, Shailesh Agrawal, and Balaji Ghat serve as directors at the Company.
- CIN/LLPIN
U72400KA2014PTC073219
- Company No.
073219
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Jan 2014
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Clonect Solutions Private Limited offer?
Clonect Solutions Private Limited offers a wide range of products and services, including Company Law & Labour Law Consultants, Statutory Compliance Services, Data Entry & Data Processing Service, Data Digitization, Software Development & IT Consultant, Resource Management Systems, Website Development Services, Web Service, GST & PAN Registrations, GST Consultant.
Who are the key members and board of directors at Clonect Solutions?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balakrishnan Venkatraman  | Director | 05-Dec-2014 | Current |
| Shailesh Agrawal | Director | 05-Jun-2014 | Current |
| Balaji Ghat | Director | 05-Jun-2014 | Current |
Financial Performance and Corporate Structure Insights of Clonect Solutions.
Clonect Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.8% increase. The company also saw a substantial fall in profitability, with a 13.55% decrease in profit. The company's net worth moved up by a moderate rise of 1.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Clonect Solutions?
In 2023, Clonect Solutions had a promoter holding of 79.60% and a public holding of 20.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Kaar Technologies India Private LimitedActive 19 years 4 monthsBalakrishnan Venkatraman is a mutual person
Avekshaa Technologies Private LimitedActive 14 years 21 daysBalakrishnan Venkatraman is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 25 Jul 2016 | ₹2.80 M | Satisfied |
How Many Employees Work at Clonect Solutions?
Clonect Solutions has a workforce of 45 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Clonect 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 Clonect Solutions's trajectory.
Rating
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
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.
