Clover It Services Private Limited

Software development and IT services company offering web development, CMS, ERP, and offshore staffing.

2011 | Jaipur, Rajasthan (India) | Active
Last Updated: January 22, 2025

Clover It Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.55 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 51.07%
  • Profit Growth 120.82%
  • Ebitda 121.03%
  • Net Worth 27.96%
  • Total Assets 48.11%

About Clover It Services

Clover It Services Private Limited (CISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 July 2011 and has a history of 13 years and six months. Its registered office is in Jaipur, Rajasthan, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.55 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anirudh Vaishnav, Indra Vaishnav, and Monika Vaishnav serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200RJ2011PTC036011

  • Company No.

    036011

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Information Technology

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

Board Members (3)

Name Designation Appointment Date Status
Anirudh Vaishnav Country flag representing In Director 28-Jul-2011 Current
Indra Vaishnav Country flag representing In Director 28-Jul-2011 Current
Monika Vaishnav Country flag representing In Director 16-Feb-2015 Current

Financial Performance of Clover It Services.

Clover It Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.07% increase. The company also saw a substantial improvement in profitability, with a 120.82% increase in profit. The company's net worth Soared by an impressive increase of 27.96%.

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
51.07%
Revenue from Operations
41.26%
Total Assets
48.11%
Profit or Loss
120.82%
Net Worth
27.96%
EBITDA
121.03%

What is the Ownership and Shareholding Structure of Clover It Services?

Unlock access to Clover It Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹55.50 M

Satisfied Charges

₹15.02 M

Charges Breakdown by Lending Institutions

  • Others : 3.25 Cr
  • Axis Bank Limited : 1.30 Cr
  • Hdfc Bank Limited : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
02 Jul 2024 Others ₹3.25 Cr Open
31 May 2023 Hdfc Bank Limited ₹1.00 Cr Open
14 Feb 2023 Axis Bank Limited ₹4.00 M Open
29 Apr 2022 Axis Bank Limited ₹9.00 M Open
30 Nov 2021 Others ₹1.30 M Satisfied

How Many Employees Work at Clover It Services?

Clover It Services has a workforce of 1 employees as of Apr 07, 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 It Services, 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 It Services'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 It Services

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 32.50 M registered on 02 Jul 2024 with Charge ID 100945367 was modified on 15 Jul 2024.

    15 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 32.50 M with Charge ID 100945367 was registered on 02 Jul 2024.

    02 Jul 2024

  • Annual General Meeting

    Clover It Services 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 Hdfc Bank Limited amounted to Rs. 10.00 M with Charge ID 100728333 was registered on 31 May 2023.

    31 May 2023

  • Charges

    A charge registered on 18 Oct 2019 via Charge ID 100311478 with Axis Bank Limited was fully satisfied on 05 May 2023.

    05 May 2023

  • Charges

    A charge registered on 30 Nov 2021 via Charge ID 100514333 with Others was fully satisfied on 25 Apr 2023.

    25 Apr 2023

Frequently asked questions

  • Clover It Services Private Limited was incorporated on 28 Jul 2011.

  • The authorized share capital of Clover It Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Clover It Services Private Limited.

    • Anirudh Krishan Vaishnav
    • Indra Vaishnav
    • Monika Vaishnav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Clover It Services Private Limited is Plot Numbers-E5 E38 Dcm Nirman Nagar, India, Jaipur, Rajasthan, 302019.

  • The corporate identification number (CIN) of Clover It Services Private Limited is U72200RJ2011PTC036011 and the company number is 036011 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Clover It Services Private Limited is https://www.cloveritservices.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Clover It Services Private Limited has risen by 51.07%.

  • As Per 2023 financial reports, 1 employees are currently employed by Clover It Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Clover It Services Private Limited has experienced an upsurge of 27.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Clover It Services Private Limited amount to ₹ 5.55 Cr.

  • The most recent Balance Sheet for Clover It Services Private Limited was filed with the ROC on 31 Mar 2023.