Clove Ventures Private Limited

IT services and technology solutions provider, established in 2017.

2017 | Hyderabad, Telangana (India) | Active
Last Updated: December 15, 2024

Clove Ventures Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 9 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 nine months 14 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
  • 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 Country flag representing In Director 18-Apr-2017 Current
Vinay Penmetsa Country flag representing In Director 30-May-2018 Current
Rajneesh Vetukuri Country flag representing In 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%.

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
Revenue from Operations
Total Assets
-0.27%
Profit or Loss
0.29%
Net Worth
-0.57%
EBITDA

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.

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 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2023

  • Balance Sheet

    Clove Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • 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 8 months .

    30 May 2018

  • 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 9 months .

    18 Apr 2017

  • 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 9 months .

    18 Apr 2017

  • Company Incorporation

    Clove Ventures Private Limited was registered on 18 Apr 2017 with Roc Hyderabad & aged 7 years 9 months as per MCA records.

    18 Apr 2017

Frequently asked questions

  • Clove Ventures Private Limited was incorporated on 18 Apr 2017.

  • The authorized share capital of Clove Ventures Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Clove Ventures Private Limited.

    • Narasimha Raju Kalidindi Kumara Venkata
    • Vinay Kumar Penmetsa
    • Rajneesh Raju Vetukuri
  • 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.

  • 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).

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

  • 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%.

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