Coruscate Ventures Profile
Key Indicators
- Authorised Capital ₹ 7.60 Cr
- Paid Up Capital ₹ 1.06 Cr
- Company Age 8 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1.30 Cr
- Revenue Growth -50.75%
- Profit Growth 61.06%
- Ebitda 62.68%
- Net Worth -600.77%
- Total Assets 11.25%
About Coruscate Ventures
Coruscate Ventures Private Limited (CVPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 January 2017 (Eight years and one month 3 days old ). Its registered office is in Surat, Gujarat, India.
The Corporate was formerly known as Coruscate Solutions Private Limited. 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 7.60 Cr and a paid-up capital of Rs 1.06 Cr.
The company has closed loans amounting to ₹1.30 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Hitesh Kakadia and Ankit Virani serve as directors at the Company.
Company Details
-
Location
Surat, Gujarat, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U72900GJ2017PTC095041
-
Company No.
095041
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
09 Jan 2017
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Ahmedabad
Industry
What products or services does Coruscate Ventures Private Limited offer?
Coruscate Ventures Private Limited offers a wide range of products and services, including Mobile Application Development, IOS Application Development, Android Application Development Services, Web Development & Marketing Services, Hosting Services, Computer & Mobile Apps Development, Application Development Service, SEO Consultation Service, Digital Marketing Solution Services, Saas Application Development.
Who are the key members and board of directors at Coruscate Ventures?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hitesh Kakadia
|
Director | 09-Jan-2017 | Current |
|
Ankit Virani
|
Director | 09-Jan-2017 | Current |
Financial Performance of Coruscate Ventures.
Coruscate Ventures Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 50.75% decrease. The company also saw a substantial improvement in profitability, with a 61.06% increase in profit. The company's net worth observed a substantial decline by a decrease of 600.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Coruscate Ventures?
In 2023, Coruscate Ventures had a promoter holding of 83.33% and a public holding of 16.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Diamnow LlpHitesh Kakadia is a mutual person
-
Coruscate Innovations Llp
Hitesh Kakadia is a mutual person
-
Tallywiz Tech Private Limited
Hitesh Kakadia is a mutual person
-
Suvit Fintech Private Limited
Hitesh Kakadia and Ankit Virani are mutual person
-
Tallywiz Llp
Ankit Virani is a mutual person
-
Ssmp Innovations Llp
Ankit Virani is a mutual person
Charges (Loans)
₹0
₹1.30 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 0.95 Cr
- Others : 0.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 2020 | Axis Bank Limited | ₹9.50 M | Satisfied |
| 21 May 2019 | Others | ₹3.50 M | Satisfied |
How Many Employees Work at Coruscate Ventures?
Coruscate Ventures has a workforce of 1 employees as of Mar 28, 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 Coruscate Ventures, 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 Coruscate Ventures'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.
