Covalent Technologies India Private Limited

Develops financial software products for businesses, founded in 2017 and based in Bangalore.

2017 | Bangaluru, Karnataka (India) | Active
Last Updated:

Covalent Technologies India Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 27.08%
  • Profit Growth 53.17%
  • Ebitda 44.26%
  • Net Worth 29.42%
  • Total Assets 29.62%

About Covalent Technologies India

Covalent Technologies India Private Limited (CTIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 20 July 2017 (Seven years and eight months 6 days old ). Its registered office is in Bangaluru, Karnataka, 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.

Sanjay Garodia and Parag Patankar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2017FTC104863

  • Company No.

    104863

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    20 Jul 2017

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

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

Board Members (2)

NameDesignationAppointment DateStatus
Sanjay Garodia Country flag representing In Director 20-Jul-2017Current
Parag Patankar Country flag representing In Director 20-Jul-2017Current

Financial Performance of Covalent Technologies India.

Covalent Technologies India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 27.08% increase. The company also saw a substantial improvement in profitability, with a 53.17% increase in profit. The company's net worth Soared by an impressive increase of 29.42%.

Covalent Technologies India revenue growth over time
Covalent Technologies India 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
27.08%
Revenue from Operations
26.65%
Total Assets
29.62%
Profit or Loss
53.17%
Net Worth
29.42%
EBITDA
44.26%

What is the Ownership and Shareholding Structure of Covalent Technologies India?

In 2019, Covalent Technologies India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Covalent Technologies India?

Unlock and access historical data on people associated with Covalent Technologies India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Covalent Technologies India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covalent Technologies India, 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 Covalent Technologies India'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 Covalent Technologies India

Recent activity within the organization

  • Annual General Meeting

    Covalent Technologies India Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Covalent Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Sanjay Kumar Garodia was appointed as a Director was appointed as a Director on 20 Jul 2017 & has been associated with this company since 7 years 8 months .

  • Director Appointment

    Parag Patankar was appointed as a Director was appointed as a Director on 20 Jul 2017 & has been associated with this company since 7 years 8 months .

  • Company Incorporation

    Covalent Technologies India Private Limited was registered on 20 Jul 2017 with Roc Bangalore & aged 7 years 8 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Covalent Technologies India Private Limited?

    Covalent Technologies India Private Limited was incorporated on 20 Jul 2017.

  • What is authorized share capital and paid-up capital of Covalent Technologies India Private Limited?

    The authorized share capital of Covalent Technologies India Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Covalent Technologies India Private Limited?

    Currently 2 directors are associated with Covalent Technologies India Private Limited.

    • Sanjay Kumar Garodia
    • Parag Patankar
  • What is the registered address of Covalent Technologies India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Covalent Technologies India Private Limited is 1 2 A1 Block Kundalahalli Village K.R Puram Hobli East, India, Bangalore, Karnataka, 560037.

  • What is the corporate identification number (CIN) and company number of Covalent Technologies India Private Limited?

    The corporate identification number (CIN) of Covalent Technologies India Private Limited is U72200KA2017FTC104863 and the company number is 104863 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Covalent Technologies India Private Limited?

    The Official website of Covalent Technologies India Private Limited is https://www.covacap.com

  • What has been the recent revenue trend for Covalent Technologies India Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Covalent Technologies India Private Limited has risen by 27.08%.

  • What change has been observed in the net worth of Covalent Technologies India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Covalent Technologies India Private Limited has experienced an upsurge of 29.42%.

  • When was the last Balance Sheet of Covalent Technologies India Private Limited filed with the ROC?

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