Covenant Business Solutions Private Limited

Founded in 2016 and headquartered in Tamil Nadu, India.

2016 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 03, 2025

Covenant Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 60.40%
  • Profit Growth 21166.20%
  • Ebitda 62.58%
  • Net Worth 54.61%
  • Total Assets 36.74%

About Covenant Business Solutions

Covenant Business Solutions Private Limited (CBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 November 2016 (Eight years and two months 22 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Electrnoics 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 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Leena Jude, Sivakumar Thangaratnavelu, and Nagalatha Ekambaram serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72501TN2016PTC113366

  • Company No.

    113366

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Nov 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Electrnoics

Who are the key members and board of directors at Covenant Business Solutions?

Board Members (3)

Name Designation Appointment Date Status
Leena Jude Country flag representing In Director 17-Nov-2016 Current
Nagalatha Ekambaram Country flag representing In Director 12-Jun-2021 Current
Sivakumar Thangaratnavelu Country flag representing In Director 12-Jun-2021 Current

Financial Performance of Covenant Business Solutions.

Covenant Business Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 60.4% increase. The company also saw a substantial improvement in profitability, with a 21166.2% increase in profit. The company's net worth Soared by an impressive increase of 54.61%.

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
60.40%
Revenue from Operations
64.22%
Total Assets
36.74%
Profit or Loss
21166.20%
Net Worth
54.61%
EBITDA
62.58%

What is the Ownership and Shareholding Structure of Covenant Business Solutions?

In 2017, Covenant Business Solutions 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 Covenant Business Solutions?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covenant Business Solutions, 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 Covenant Business Solutions'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 Covenant Business Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Covenant Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Sivakumar Thangaratnavelu was appointed as a Director was appointed as a Director on 12 Jun 2021 & has been associated with this company since 3 years 7 months .

    12 Jun 2021

  • Director Appointment

    Nagalatha Ekambaram was appointed as a Director was appointed as a Director on 12 Jun 2021 & has been associated with this company since 3 years 7 months .

    12 Jun 2021

  • Director Appointment

    Leena Jude was appointed as a Director was appointed as a Director on 17 Nov 2016 & has been associated with this company since 8 years 2 months .

    17 Nov 2016

  • Company Incorporation

    Covenant Business Solutions Private Limited was registered on 17 Nov 2016 with Roc Chennai & aged 8 years 2 months as per MCA records.

    17 Nov 2016

Frequently asked questions

  • Covenant Business Solutions Private Limited was incorporated on 17 Nov 2016.

  • The authorized share capital of Covenant Business Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Covenant Business Solutions Private Limited.

    • Leena Jude
    • Sivakumar Thangaratnavelu
    • Nagalatha Ekambaram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Covenant Business Solutions Private Limited is New No.31A Cathedral Garden Road Badrikari Tirumurthy Nagar Nungambakkam, India, Chennai, Tamil Nadu, 600034.

  • The corporate identification number (CIN) of Covenant Business Solutions Private Limited is U72501TN2016PTC113366 and the company number is 113366 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Covenant Business Solutions Private Limited is https://www.covenantassessors.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Covenant Business Solutions Private Limited has risen by 60.40%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Covenant Business Solutions Private Limited has experienced an upsurge of 54.61%.

  • The most recent Balance Sheet for Covenant Business Solutions Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Maintenance And Repair Of Computing Machinery