Clover Technologies Profile
Key Indicators
- Authorised Capital ₹ 3.01 Cr
- Paid Up Capital ₹ 1.85 Cr
- Company Age 29 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 59.80 Cr
- Satisfied Charges ₹ 37.44 Cr
- Revenue Growth 145.29%
- Profit Growth 257.22%
- Ebitda 62.54%
- Net Worth -0.11%
- Total Assets 0.17%
About Clover Technologies
Clover Technologies Private Limited (CTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 May 1995 and has a history of 29 years and ten months. Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Financial Services 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 3.01 Cr and a paid-up capital of Rs 1.85 Cr.
The company currently has active open charges totaling ₹59.80 Cr. The company has closed loans amounting to ₹37.44 Cr, as per Ministry of Corporate Affairs (MCA) records.
Farokh Banatwalla, Javed Tapia, and Azim Tapia serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74990MH1995PTC088041
- Company No.
088041
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 May 1995
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Financial Services
What products or services does Clover Technologies Private Limited offer?
Clover Technologies Private Limited offers a wide range of products and services, including Website Designing, Web Solution Services, Turnkey Solutions, Technology Solution Provider, Business Planning and Management, Business Consultant, Software Development & IT Consultant, Software Consulting Service.
Who are the key members and board of directors at Clover Technologies?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Javed Tapia  | Director | 04-May-1995 | Current |
| Farokh Banatwalla | Director | 01-Jan-2016 | Current |
| Azim Tapia | Director | 20-Apr-2021 | Current |
Financial Performance of Clover Technologies.
Clover Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 145.29% increase. The company also saw a substantial improvement in profitability, with a 257.22% increase in profit. The company's net worth dipped by a decrease of 0.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Clover Technologies?
In 2023, Clover Technologies 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.
Related Corporates (Common Directorship)
Data Science Wizards Private LimitedJaved Tapia is a mutual person
Clover Realty And Infrastructure Private LimitedFarokh Banatwalla and Javed Tapia are mutual person
Amalfi Realty Private LimitedFarokh Banatwalla and Javed Tapia are mutual person
Clover Estates Private LimitedAzim Tapia is a mutual person
Clover Solar Private LimitedJaved Tapia is a mutual person
Corniche Realty Private LimitedJaved Tapia and Azim Tapia are mutual person
Charges (Loans)
Open Charges
₹59.80 Cr
Satisfied Charges
₹37.44 Cr
Charges Breakdown by Lending Institutions
- Others : 48.80 Cr
- Axis Bank Limited : 11.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Aug 2020 | Others | ₹48.80 Cr | Open |
| 24 Nov 2015 | Axis Bank Limited | ₹11.00 Cr | Open |
| 18 May 2018 | Hdfc Bank Limited | ₹12.00 Cr | Satisfied |
| 29 Aug 2015 | Standard Chartered Bank | ₹10.14 Cr | Satisfied |
| 12 Feb 2014 | Ing Vysya Bank Limited | ₹6.00 Cr | Satisfied |
How Many Employees Work at Clover Technologies?
Clover Technologies has a workforce of 0 employees as of Mar 23, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Clover Technologies, 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 Technologies'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 Clover Technologies
Recent activity within the organization
- Annual General Meeting
Clover Technologies Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Balance Sheet
Clover Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge with Others of Rs. 48.80 Cr registered on 20 Aug 2020 with Charge ID 100371608 was modified on 13 Apr 2022.
- Director Appointment
Azim Faizullah Tapia was appointed as a Director was appointed as a Director on 20 Apr 2021 & has been associated with this company since 3 years 11 months .
- Charges
A charge with Others amounted to Rs. 48.80 Cr with Charge ID 100371608 was registered on 20 Aug 2020.
- Charges
A charge registered on 18 May 2018 via Charge ID 100191500 with Hdfc Bank Limited was fully satisfied on 13 Feb 2020.
Frequently asked questions
What is the Incorporation or founding date of Clover Technologies Private Limited?
Clover Technologies Private Limited was incorporated on 04 May 1995.
What is authorized share capital and paid-up capital of Clover Technologies Private Limited?
The authorized share capital of Clover Technologies Private Limited is ₹ 3.01 Cr and paid-up capital is ₹ 1.85 Cr.
Who are the current board members & directors of Clover Technologies Private Limited?
Currently 3 directors are associated with Clover Technologies Private Limited.
- Farokh Kekhushroo Banatwalla
- Javed Faizullah Tapia
- Azim Faizullah Tapia
What is the registered address of Clover Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Clover Technologies Private Limited is Clover Centrum Plot No.5 Galaxy Society 245 Boat Club Road, India, Pune, Maharashtra, 411001.
What is the corporate identification number (CIN) and company number of Clover Technologies Private Limited?
The corporate identification number (CIN) of Clover Technologies Private Limited is U74990MH1995PTC088041 and the company number is 088041 as per Ministry of Corporate Affairs (MCA).
What is the official website of Clover Technologies Private Limited?
The Official website of Clover Technologies Private Limited is https://www.clovertechnologies.com
What has been the recent revenue trend for Clover Technologies Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Clover Technologies Private Limited has risen by 145.29%.
What change has been observed in the net worth of Clover Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Clover Technologies Private Limited has experienced an downturn of -0.11%.
What are the total open charges for Clover Technologies Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Clover Technologies Private Limited amount to ₹ 59.80 Cr.
When was the last Balance Sheet of Clover Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Clover Technologies Private Limited was filed with the ROC on 31 Mar 2024.
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