Covacsis Technologies Private Limited

Tech company implements IPF for manufacturing industries, providing real-time data analytics and customized dashboards.

2003 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Covacsis Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.60 M
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 2.40 Cr
  • Revenue Growth 45.17%
  • Profit Growth 36.08%
  • Ebitda -391.88%
  • Net Worth 635.47%
  • Total Assets 296.63%

About Covacsis Technologies

Covacsis Technologies Private Limited (CTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 October 2003 and has a history of 21 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Slm Infotech 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 2.60 M.

The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹2.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tarun Mishra, Manpreet Singh, and Amrish Goel serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200MH2003PTC142623

  • Company No.

    142623

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Oct 2003

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Covacsis Technologies?

Board Members (3)

Name Designation Appointment Date Status
Tarun Mishra Country flag representing In Whole-Time Director 10-Oct-2003 Current
Manpreet Singh Country flag representing In Director 17-Aug-2021 Current
Amrish Goel Country flag representing In Director 22-Jan-2021 Current

Financial Performance of Covacsis Technologies.

Covacsis Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.17% increase. The company also saw a substantial improvement in profitability, with a 36.08% increase in profit. The company's net worth Soared by an impressive increase of 635.47%.

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
45.17%
Revenue from Operations
29.62%
Total Assets
296.63%
Profit or Loss
36.08%
Net Worth
635.47%
EBITDA
-391.88%

What is the Ownership and Shareholding Structure of Covacsis Technologies?

In 2023, Covacsis Technologies had a promoter holding of 71.29% and a public holding of 28.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.00 Cr

Satisfied Charges

₹2.40 Cr

Charges Breakdown by Lending Institutions

  • Dena Bank : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Jun 2016 Dena Bank ₹1.00 Cr Open
06 Jan 2024 Others ₹2.50 M Satisfied
28 Jun 2023 Others ₹1.00 Cr Satisfied
09 Jun 2023 Others ₹3.00 M Satisfied
28 Apr 2023 Others ₹6.00 M Satisfied

How Many Employees Work at Covacsis Technologies?

Covacsis Technologies has a workforce of 39 employees as of Apr 02, 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 Covacsis 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 Covacsis Technologies'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 Covacsis Technologies

Recent activity within the organization

  • Annual General Meeting

    Covacsis Technologies Private Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.

    30 Aug 2024

  • Balance Sheet

    Covacsis Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 06 Jan 2024 via Charge ID 100853981 with Others was fully satisfied on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100853981 was registered on 06 Jan 2024.

    06 Jan 2024

  • Charges

    A charge registered on 28 Jun 2023 via Charge ID 100748462 with Others was fully satisfied on 28 Sep 2023.

    28 Sep 2023

  • Charges

    A charge registered on 09 Jun 2023 via Charge ID 100734212 with Others was fully satisfied on 28 Sep 2023.

    28 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Covacsis Technologies Private Limited was incorporated on 10 Oct 2003.

  • The authorized share capital of Covacsis Technologies Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.60 M.

  • Currently 3 directors are associated with Covacsis Technologies Private Limited.

    • Tarun Kumar Mishra
    • Manpreet Singh
    • Amrish Goel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Covacsis Technologies Private Limited is Office No.301 3Rd Floor El-Tara Building C.T.S 22 23 12/1 Off Orchard Avenue, Hiranandani G Ardenpowai India, Mumbai, Maharashtra, 400076.

  • The corporate identification number (CIN) of Covacsis Technologies Private Limited is U72200MH2003PTC142623 and the company number is 142623 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Covacsis Technologies Private Limited is https://www.covacsis.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Covacsis Technologies Private Limited has risen by 45.17%.

  • As Per 2023 financial reports, 39 employees are currently employed by Covacsis Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Covacsis Technologies Private Limited has experienced an upsurge of 635.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Covacsis Technologies Private Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Covacsis Technologies Private Limited was filed with the ROC on 31 Mar 2024.

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