Clove Technologies Private Limited logo

Clove Technologies Private Limited

Provides software design and development services, including engineering, geospatial, and technology services globally.
2004 | Hyderabad, Telangana (India) | Active

Last Updated:

October 24, 2024
HomeCompanyClove Technologies Private Limited

Who are the key members and board of directors at Clove Technologies?

Executive Team (1)

NameDesignationAppointment DateStatus
Narasimha Venkata InManaging Director25-Feb-2004Current

Board Members(4)

NameDesignationAppointment DateStatus
Sri Kalidindi In Director 25-Feb-2004Current
Vinay Penmetsa In Director 02-May-2006Current
Padma Nadimpalli In Whole-Time Director 01-Oct-2011Current
Subramanya Tirumalaraju In Whole-Time Director 01-Oct-2011Current

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
72.45%
Revenue from Operations
68.28%
Total Assets
18.45%
Profit or Loss
618.07%
Net Worth
46.73%
EBITDA
202.86%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹138.08 M

₹319.30 M

LenderAmountStatus

Others

Creation Date: 29 Apr 2023
₹1.10 CrOpen

Others

Creation Date: 16 Nov 2022
₹12.71 CrOpen

Others

Creation Date: 30 Apr 2019
₹14.53 CrSatisfied

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.

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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.

    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.

    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.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 11.00 M with Charge ID 100725339 was registered on 29 Apr 2023.

    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.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 127.08 M with Charge ID 100649583 was registered on 16 Nov 2022.

    16 Nov 2022

Frequently asked questions

  • Clove Technologies Private Limited was incorporated on 25 Feb 2004.

  • The authorized share capital of Clove Technologies Private Limited is ₹ 7.50 M and paid-up capital is ₹ 5.56 M.

  • 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
  • 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.

  • 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).

  • The Official website of Clove Technologies Private Limited is https://www.clovetech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Clove Technologies Private Limited has risen by 72.45%.

  • As Per 2023 financial reports, 447 employees are currently employed by Clove Technologies Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Clove Technologies Private Limited amount to ₹ 13.81 Cr.

  • The most recent Balance Sheet for Clove Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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