Competent Groove Private Limited

Provides IT services including software development, customization, and mobile solutions.

2013 | Chandigarh (India) | Active
Last Updated:

Competent Groove Profile

Key Indicators

  • Authorised Capital ₹ 4.50 M
  • Paid Up Capital ₹ 4.21 M
  • Company Age 11 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 M
  • Revenue Growth 97.65%
  • Profit Growth 25.57%
  • Ebitda 180.62%
  • Net Worth 27.32%
  • Total Assets 46.24%

About Competent Groove

Competent Groove Private Limited (CGPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 November 2013 and has a history of 11 years and six months. Its registered office is in Chandigarh, 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 4.50 M and a paid-up capital of Rs 4.21 M.

The company currently has active open charges totaling ₹3.00 M.

Mohit Gulati, Saraansh Tandon, Umang Tandon, and One other member serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900CH2013PTC034796

  • Company No.

    034796

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Nov 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Information Technology
Company report

Competent Groove Private Limited

Explore comprehensive data for Competent Groove Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Competent Groove?

Board Members (4)

NameDesignationAppointment DateStatus
Saraansh Tandon Country flag representing In Director 01-Nov-2013Current
Mohit Gulati Country flag representing In Director 19-Feb-2022Current
Umang Tandon Country flag representing In Director 19-Feb-2022Current
Deepak Sharma Country flag representing In Director 10-Aug-2022Current

Financial Performance of Competent Groove.

Competent Groove Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 97.65% increase. The company also saw a substantial improvement in profitability, with a 25.57% increase in profit. The company's net worth Soared by an impressive increase of 27.32%.

Competent Groove revenue growth over time
Competent Groove 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
97.65%
Revenue from Operations
99.73%
Total Assets
46.24%
Profit or Loss
25.57%
Net Worth
27.32%
EBITDA
180.62%

What is the Ownership and Shareholding Structure of Competent Groove?

In 2023, Competent Groove had a public holding of 57.25%. The company had 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

₹3.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
20 Sep 2022Others₹3.00 MOpen

How Many Employees Work at Competent Groove?

Competent Groove has a workforce of 23 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.

Employee growth trends for Competent Groove Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Competent Groove, 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 Competent Groove'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 Competent Groove

Recent activity within the organization

  • Annual General Meeting

    Competent Groove Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Competent Groove Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with Others amounted to Rs. 3.00 M with Charge ID 100625859 was registered on 20 Sep 2022.

  • Director Appointment

    Deepak Sharma was appointed as a Director was appointed as a Director on 10 Aug 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Mohit Gulati was appointed as a Director was appointed as a Director on 19 Feb 2022 & has been associated with this company since 3 years 3 months .

  • Director Appointment

    Umang Tandon was appointed as a Director was appointed as a Director on 19 Feb 2022 & has been associated with this company since 3 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Competent Groove Private Limited?

    Competent Groove Private Limited was incorporated on 01 Nov 2013.

  • What is authorized share capital and paid-up capital of Competent Groove Private Limited?

    The authorized share capital of Competent Groove Private Limited is ₹ 4.50 M and paid-up capital is ₹ 4.21 M.

  • Who are the current board members & directors of Competent Groove Private Limited?

    Currently 4 directors are associated with Competent Groove Private Limited.

    • Mohit Gulati
    • Saraansh Tandon
    • Umang Tandon
    • Deepak Sharma

  • What is the registered address of Competent Groove Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Competent Groove Private Limited is 1636 Basement Cabin No. 2, Sector 18 D India, Chandigarh, 160018.

  • What is the corporate identification number (CIN) and company number of Competent Groove Private Limited?

    The corporate identification number (CIN) of Competent Groove Private Limited is U72900CH2013PTC034796 and the company number is 034796 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Competent Groove Private Limited?

    The Official website of Competent Groove Private Limited is https://www.competentgroove.com

  • What has been the recent revenue trend for Competent Groove Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Competent Groove Private Limited has risen by 97.65%.

  • How many employees does Competent Groove Private Limited currently have?

    As Per 2023 financial reports, 23 employees are currently employed by Competent Groove Private Limited.

  • What change has been observed in the net worth of Competent Groove Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Competent Groove Private Limited has experienced an upsurge of 27.32%.

  • What are the total open charges for Competent Groove Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Competent Groove Private Limited amount to ₹ 3.00 M.

  • When was the last Balance Sheet of Competent Groove Private Limited filed with the ROC?

    The most recent Balance Sheet for Competent Groove Private Limited was filed with the ROC on 31 Mar 2024.

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