Clove Ventures Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 7 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth %
- Profit Growth 0.29%
- Ebitda
- Net Worth -0.57%
- Total Assets -0.27%
About Clove Ventures
Clove Ventures Private Limited (CVPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 April 2017 (Seven years and ten months 16 days old ). Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Clove Systems 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Narasimha Venkata, Vinay Penmetsa, and Rajneesh Vetukuri 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
U72900TG2017PTC116574
- Company No.
116574
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Apr 2017
- 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 Clove Ventures?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narasimha Venkata  | Director | 18-Apr-2017 | Current |
| Vinay Penmetsa | Director | 30-May-2018 | Current |
| Rajneesh Vetukuri | Director | 18-Apr-2017 | Current |
Financial Performance of Clove Ventures.
Clove Ventures Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 0.29% increase in profit. The company's net worth dipped by a decrease of 0.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Clove Ventures?
In 2022, Clove Ventures had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Clove It Solutions Private LimitedNarasimha Venkata and Vinay Penmetsa are mutual person
Aquadata Informatics LlpNarasimha Venkata and Rajneesh Vetukuri are mutual person
- Clove Technologies 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 is a mutual person
- Vicky Educational Services Private Limited
Vinay Penmetsa is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Clove Ventures?
Unlock and access historical data on people associated with Clove Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Clove Ventures, 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 Ventures'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 Ventures
Recent activity within the organization
- Annual General Meeting
Clove Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Clove Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Director Appointment
Vinay Kumar Penmetsa was appointed as a Director was appointed as a Director on 30 May 2018 & has been associated with this company since 6 years 9 months .
- Director Appointment
Narasimha Raju Kalidindi Kumara Venkata was appointed as a Director was appointed as a Director on 18 Apr 2017 & has been associated with this company since 7 years 10 months .
- Director Appointment
Rajneesh Raju Vetukuri was appointed as a Director was appointed as a Director on 18 Apr 2017 & has been associated with this company since 7 years 10 months .
- Company Incorporation
Clove Ventures Private Limited was registered on 18 Apr 2017 with Roc Hyderabad & aged 7 years 10 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Clove Ventures Private Limited?
Clove Ventures Private Limited was incorporated on 18 Apr 2017.
What is authorized share capital and paid-up capital of Clove Ventures Private Limited?
The authorized share capital of Clove Ventures Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Clove Ventures Private Limited?
Currently 3 directors are associated with Clove Ventures Private Limited.
- Narasimha Raju Kalidindi Kumara Venkata
- Vinay Kumar Penmetsa
- Rajneesh Raju Vetukuri
What is the registered address of Clove Ventures Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Clove Ventures 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 Ventures Private Limited?
The corporate identification number (CIN) of Clove Ventures Private Limited is U72900TG2017PTC116574 and the company number is 116574 as per Ministry of Corporate Affairs (MCA).
What is the official website of Clove Ventures Private Limited?
The Official website of Clove Ventures Private Limited is https://www.clovetech.com
What change has been observed in the net worth of Clove Ventures Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Clove Ventures Private Limited has experienced an downturn of -0.57%.
When was the last Balance Sheet of Clove Ventures Private Limited filed with the ROC?
The most recent Balance Sheet for Clove Ventures Private Limited was filed with the ROC on 31 Mar 2023.