Clove Technologies Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 5.56 M
- Company Age 21 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 13.81 Cr
- Satisfied Charges ₹ 31.93 Cr
- Revenue Growth 72.45%
- Profit Growth 618.07%
- Ebitda 202.86%
- Net Worth 46.73%
- Total Assets 18.45%
About Clove Technologies
Clove Technologies Private Limited (CTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 February 2004 and has a history of 21 years and two months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Anytime Technologies Pvt Ltd. The Company is engaged in the Engineering 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 7.50 M and a paid-up capital of Rs 5.56 M.
The company currently has active open charges totaling ₹13.81 Cr. The company has closed loans amounting to ₹31.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
Narasimha Venkata, Sri Kalidindi, Vinay Penmetsa, and Two other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200TG2004PTC042728
- Company No.
042728
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Feb 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Engineering
Information Technology
What products or services does Clove Technologies Private Limited offer?
Clove Technologies Private Limited offers a wide range of products and services, including Copyright & Trademark, Patent Registration Services, Trademarks Services, Architectural & Civil Engineering, Architectural Services, Building Survey & Soil Investigation, Geotechnical Engineering, CAD Service, Data Entry & Data Processing Service, Data Conversion Services.
Clove Technologies Private Limited
Explore comprehensive data for Clove Technologies Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Clove Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narasimha Venkata  | Managing Director | 25-Feb-2004 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sri Kalidindi | Director | 25-Feb-2004 | Current |
| Vinay Penmetsa | Director | 02-May-2006 | Current |
| Padma Nadimpalli | Whole-Time Director | 01-Oct-2011 | Current |
| Subramanya Tirumalaraju | Whole-Time Director | 01-Oct-2011 | Current |
Financial Performance of Clove Technologies.
Clove Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 72.45% increase. The company also saw a substantial improvement in profitability, with a 618.07% increase in profit. The company's net worth Soared by an impressive increase of 46.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Clove Technologies?
In 2023, Clove Technologies had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Vizagapatam Chamber Of Commerce & IndustrySubramanya Tirumalaraju is a mutual person
Clove It Solutions Private LimitedNarasimha Venkata and Vinay Penmetsa are mutual person
Aquadata Informatics LlpNarasimha Venkata is a mutual person
- Clove Ventures Private Limited
Narasimha Venkata and Vinay Penmetsa are mutual person
Vicky Infrastructure Private LimitedVinay Penmetsa is a mutual person
- Vicky Property Procurement Services Private Limited
Vinay Penmetsa and Padma Nadimpalli are mutual person
Charges (Loans)
Open Charges
₹138.08 M
Satisfied Charges
₹319.30 M
Charges Breakdown by Lending Institutions
- Others : 13.81 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2023 | Others | ₹1.10 Cr | Open |
| 16 Nov 2022 | Others | ₹12.71 Cr | Open |
| 30 Apr 2019 | Others | ₹14.53 Cr | Satisfied |
| 31 Jan 2015 | Hdfc Bank Limited | ₹14.60 Cr | Satisfied |
| 01 Oct 2009 | State Bank Of India | ₹2.80 Cr | Satisfied |
How Many Employees Work at Clove Technologies?
Clove Technologies has a workforce of 447 employees as of Sep 12, 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 Clove Technologies, 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 Clove Technologies'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.
Latest Updates, News, and FAQs on Clove Technologies
Recent activity within the organization
- Charges
A charge with Others of Rs. 11.00 M registered on 29 Apr 2023 with Charge ID 100725339 was modified on 18 May 2024.
- Charges
A charge with Others of Rs. 127.08 M registered on 16 Nov 2022 with Charge ID 100649583 was modified on 18 May 2024.
- Annual General Meeting
Clove Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 11.00 M with Charge ID 100725339 was registered on 29 Apr 2023.
- Balance Sheet
Clove Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge with Others amounted to Rs. 127.08 M with Charge ID 100649583 was registered on 16 Nov 2022.
Frequently asked questions
What is the Incorporation or founding date of Clove Technologies Private Limited?
Clove Technologies Private Limited was incorporated on 25 Feb 2004.
What is authorized share capital and paid-up capital of Clove Technologies Private Limited?
The authorized share capital of Clove Technologies Private Limited is ₹ 7.50 M and paid-up capital is ₹ 5.56 M.
Who are the current board members & directors of Clove Technologies Private Limited?
Currently 5 directors are associated with Clove Technologies Private Limited.
- Narasimha Raju Kalidindi Kumara Venkata
- Sri Kumari Valli Achyuta Kalidindi
- Vinay Kumar Penmetsa
- Padma Nadimpalli
- Subramanya Varma Tirumalaraju
What is the registered address of Clove Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Clove Technologies Private Limited is Vvg Parkview Pt No. 50 Hno: 1-63/50 Kavuri Hills Guttala Begumpet Village, Serilingampally Mandal India, Hyderabad, Telangana, 500033.
What is the corporate identification number (CIN) and company number of Clove Technologies Private Limited?
The corporate identification number (CIN) of Clove Technologies Private Limited is U72200TG2004PTC042728 and the company number is 042728 as per Ministry of Corporate Affairs (MCA).
What is the official website of Clove Technologies Private Limited?
The Official website of Clove Technologies Private Limited is https://www.clovetech.com
What has been the recent revenue trend for Clove Technologies Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Clove Technologies Private Limited has risen by 72.45%.
How many employees does Clove Technologies Private Limited currently have?
As Per 2023 financial reports, 447 employees are currently employed by Clove Technologies Private Limited.
What change has been observed in the net worth of Clove Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Clove Technologies Private Limited has experienced an upsurge of 46.73%.
What are the total open charges for Clove Technologies Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Clove Technologies Private Limited amount to ₹ 13.81 Cr.
When was the last Balance Sheet of Clove Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Clove Technologies Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records