Corevance Systems Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 8 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 30.34%
- Profit Growth 660.18%
- Ebitda 3246.31%
- Net Worth 6.90%
- Total Assets 149.26%
About Corevance Systems
Corevance Systems Private Limited (CSPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 July 2016 (Eight years and seven months 5 days old ). Its registered office is in Hyderabad, Telangana, 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Divya Somarapu and Siva Vangala serve as directors at the Company.
Company Details
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72900TG2016PTC110677
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Company No.
110677
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 Jul 2016
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Corevance Systems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Siva Vangala
|
Managing Director | 12-May-2021 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Divya Somarapu
|
Director | 12-May-2021 | Current |
Financial Performance of Corevance Systems.
Corevance Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.34% increase. The company also saw a substantial improvement in profitability, with a 660.18% increase in profit. The company's net worth moved up by a moderate rise of 6.9%.
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What is the Ownership and Shareholding Structure of Corevance Systems?
In 2023, Corevance Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Elevents Metaestate Private LimitedDivya Somarapu and Siva Vangala are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Corevance Systems?
Corevance Systems has a workforce of 15 employees as of Apr 09, 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 Corevance Systems, 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 Corevance Systems'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.
