Covanex India Private Limited

Provides software development services since 2015, based in Vizianagaram, Andhra Pradesh.

2015 | Vizianagaram, Andhra Pradesh (India) | Active
Last Updated:

Covanex India Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 52.96%
  • Profit Growth 293.06%
  • Ebitda 164.60%
  • Net Worth 152.55%
  • Total Assets 87.59%

About Covanex India

Covanex India Private Limited (CIPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 November 2015 (Nine years and three months 8 days old ). Its registered office is in Vizianagaram, Andhra Pradesh, 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.

Ammajamma Paidi and Pydi Ramana serve as directors at the Company.

Company Details

  • Location

    Vizianagaram, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    covanex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72300AP2015PTC097790

  • Company No.

    097790

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Information Technology

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

Board Members (2)

NameDesignationAppointment DateStatus
Ammajamma Paidi Country flag representing In Director 24-Nov-2015Current
Pydi Ramana Country flag representing In Director 22-Mar-2024Current

Financial Performance of Covanex India.

Covanex India Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 52.96% increase. The company also saw a substantial improvement in profitability, with a 293.06% increase in profit. The company's net worth Soared by an impressive increase of 152.55%.

Covanex India revenue growth over time
Covanex 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
52.96%
Revenue from Operations
52.96%
Total Assets
87.59%
Profit or Loss
293.06%
Net Worth
152.55%
EBITDA
164.60%

What is the Ownership and Shareholding Structure of Covanex India?

In 2020, Covanex 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 Covanex India?

Covanex India has a workforce of 6 employees as of Apr 06, 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 Covanex India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covanex 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 Covanex 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 Covanex India

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Covanex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Director Appointment

    Pydi Venkata Ramana was appointed as a Director was appointed as a Director on 22 Mar 2024 & has been associated with this company since 11 months 10 days .

  • Director Appointment

    Ammajamma Paidi was appointed as a Director was appointed as a Director on 24 Nov 2015 & has been associated with this company since 9 years 3 months .

  • Company Incorporation

    Covanex India Private Limited was registered on 24 Nov 2015 with Roc Vijayawada & aged 9 years 3 months as per MCA records.

Frequently asked questions

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

    Covanex India Private Limited was incorporated on 24 Nov 2015.

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

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

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

    Currently 2 directors are associated with Covanex India Private Limited.

    • Ammajamma Paidi
    • Pydi Venkata Ramana
  • What is the registered address of Covanex India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Covanex India Private Limited is D.No.27-26-16 Lig-145, Vuda Colony Baba Metta Street India, Vizianagaram, Andhra Pradesh, 535002.

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

    The corporate identification number (CIN) of Covanex India Private Limited is U72300AP2015PTC097790 and the company number is 097790 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Covanex India Private Limited?

    The Official website of Covanex India Private Limited is https://www.covanex.com

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

    According to the financial reports for the fiscal year 2020, the revenue trend for Covanex India Private Limited has risen by 52.96%.

  • How many employees does Covanex India Private Limited currently have?

    As Per 2020 financial reports, 6 employees are currently employed by Covanex India Private Limited.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Covanex India Private Limited has experienced an upsurge of 152.55%.

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

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

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