Clover Infotech Private Limited

IT service provider offering digital transformation, big data, GRC, enterprise solutions, and more to various industries.

2000 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

Clover Infotech Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.08 Cr
  • Company Age 24 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 105.60 Cr
  • Satisfied Charges ₹ 12.72 Cr
  • Revenue Growth 22.69%
  • Profit Growth -22.30%
  • Ebitda 3.52%
  • Net Worth 15.88%
  • Total Assets -4.78%

About Clover Infotech

Clover Infotech Private Limited (CIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 May 2000 and has a history of 24 years and eight months. Its registered office is in Pune, Maharashtra, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.08 Cr.

The company currently has active open charges totaling ₹105.60 Cr. The company has closed loans amounting to ₹12.72 Cr, as per Ministry of Corporate Affairs (MCA) records.

Javed Tapia, Farokh Banatwalla, Shrikant Navelkar, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72200PN2000PTC014922

  • Company No.

    014922

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 May 2000

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Information Technology

What products or services does Clover Infotech Private Limited offer?

Clover Infotech Private Limited offers a wide range of products and services, including Corporate Finance & Leasing Advisors, Finance Management Solutions, Web Development & Marketing Services, Website Development Services, Software Development & IT Consultant, Software Consulting Service, Business Consultant, Cash Management Solution, MVC Development Services, IT, Networking & Automation Solution.

Who are the key members and board of directors at Clover Infotech?

Board Members (4)

NameDesignationAppointment DateStatus
Javed Tapia Country flag representing In Director 25-May-2000Current
Farokh Banatwalla Country flag representing In Director 10-Aug-2009Current
Shrikant Navelkar Country flag representing In Director 15-Jun-2013Current
Azim Tapia Country flag representing In Director 11-Mar-2021Current

Financial Performance of Clover Infotech.

Clover Infotech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.69% increase. The company also saw a substantial fall in profitability, with a 22.3% decrease in profit. The company's net worth Soared by an impressive increase of 15.88%.

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
22.69%
Revenue from Operations
26.09%
Total Assets
-4.78%
Profit or Loss
-22.30%
Net Worth
15.88%
EBITDA
3.52%

What is the Ownership and Shareholding Structure of Clover Infotech?

In 2023, Clover Infotech had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹105.60 Cr

Satisfied Charges

₹12.72 Cr

Charges Breakdown by Lending Institutions

  • Others : 105.60 Cr

Latest Charge Details

DateLenderAmountStatus
13 Apr 2022Others₹48.80 CrOpen
29 Sep 2015Others₹56.80 CrOpen
02 Jan 2019Others₹9.50 MSatisfied
30 Oct 2013Ing Vysya Bank Limited₹6.00 CrSatisfied
24 May 2012Standard Chartered Bank₹7.70 MSatisfied

How Many Employees Work at Clover Infotech?

Clover Infotech has a workforce of 4439 employees as of Mar 21, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Clover Infotech, 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 Clover Infotech'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 Clover Infotech

Recent activity within the organization

  • Annual General Meeting

    Clover Infotech Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    Clover Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 02 Jan 2019 via Charge ID 100233206 with Others was fully satisfied on 11 Jan 2023.

    11 Jan 2023

  • Charges

    A charge with Others amounted to Rs. 48.80 Cr with Charge ID 100569559 was registered on 13 Apr 2022.

    13 Apr 2022

  • Charges

    A charge with Others of Rs. 56.80 Cr registered on 29 Sep 2015 with Charge ID 10598471 was modified on 15 Feb 2022.

    15 Feb 2022

  • Director Appointment

    Azim Faizullah Tapia was appointed as a Director was appointed as a Director on 11 Mar 2021 & has been associated with this company since 3 years 10 months .

    11 Mar 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Clover Infotech Private Limited was incorporated on 25 May 2000.

  • The authorized share capital of Clover Infotech Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.08 Cr.

  • Currently 4 directors are associated with Clover Infotech Private Limited.

    • Javed Faizullah Tapia
    • Farokh Kekhushroo Banatwalla
    • Shrikant Keshav Navelkar
    • Azim Faizullah Tapia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Clover Infotech Private Limited is Clover Centrum Plot No. 5 Galaxy Society 245 Boat Club Road, India, Pune, Maharashtra, 411001.

  • The corporate identification number (CIN) of Clover Infotech Private Limited is U72200PN2000PTC014922 and the company number is 014922 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Clover Infotech Private Limited is https://www.cloverinfotech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Clover Infotech Private Limited has risen by 22.69%.

  • As Per 2023 financial reports, 4439 employees are currently employed by Clover Infotech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Clover Infotech Private Limited has experienced an upsurge of 15.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Clover Infotech Private Limited amount to ₹ 105.60 Cr.

  • The most recent Balance Sheet for Clover Infotech Private Limited was filed with the ROC on 31 Mar 2024.

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