Coverstack Technologies Private Limited

Develops software, provides marketing and technical support for enterprises.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: January 02, 2025

Coverstack Technologies Profile

Key Indicators

  • Authorised Capital ₹ 3.75 M
  • Paid Up Capital ₹ 0.98 M
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.95 Cr
  • Satisfied Charges ₹ 23.15 Cr
  • Revenue Growth -69.45%
  • Profit Growth 50.28%
  • Ebitda -276.80%
  • Net Worth 38.34%
  • Total Assets 23.41%

About Coverstack Technologies

Coverstack Technologies Private Limited (CTPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 November 2010 and has a history of 14 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Glitterbug Technologies 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 3.75 M and a paid-up capital of Rs 0.98 M.

The company currently has active open charges totaling ₹22.95 Cr. The company has closed loans amounting to ₹23.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Coverstack Technologies Private Limited India is Sanjib Jha as CEO. Sanjib Jha and Rahul Bhapkar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200MH2010PTC210076

  • Company No.

    210076

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 2010

  • Date of AGM

    30 Sep 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 Coverstack Technologies?

Executive Team (1)

NameDesignationAppointment DateStatus
Sanjib Jha CEO01-Apr-2021Current

Board Members (2)

NameDesignationAppointment DateStatus
Rahul Bhapkar Country flag representing In Director 01-Oct-2021Current
Sanjib Jha Country flag representing In Director 21-Aug-2020Current

Financial Performance of Coverstack Technologies.

Coverstack Technologies Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 69.45% decrease. The company also saw a substantial improvement in profitability, with a 50.28% increase in profit. The company's net worth Soared by an impressive increase of 38.34%.

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
-69.45%
Revenue from Operations
-84.69%
Total Assets
23.41%
Profit or Loss
50.28%
Net Worth
38.34%
EBITDA
-276.80%

What is the Ownership and Shareholding Structure of Coverstack Technologies?

In 2022, Coverstack Technologies had a public holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹229.50 M

Satisfied Charges

₹231.50 M

Charges Breakdown by Lending Institutions

  • Others : 22.95 Cr

Latest Charge Details

DateLenderAmountStatus
23 Aug 2024Others₹3.00 CrOpen
27 Jul 2024Others₹2.00 CrOpen
25 Jun 2024Others₹5.00 MOpen
27 May 2024Others₹15.00 CrOpen
22 Apr 2024Others₹2.18 CrOpen

How Many Employees Work at Coverstack Technologies?

Unlock and access historical data on people associated with Coverstack Technologies, 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 Coverstack 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 Coverstack 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 Coverstack Technologies

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 30.00 M registered on 23 Aug 2024 with Charge ID 100977409 was modified on 27 Oct 2024.

    27 Oct 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100977409 was registered on 23 Aug 2024.

    23 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100958713 was registered on 27 Jul 2024.

    27 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100936827 was registered on 25 Jun 2024.

    25 Jun 2024

  • Charges

    A charge registered on 24 Jul 2023 via Charge ID 100761144 with Others was fully satisfied on 31 May 2024.

    31 May 2024

Frequently asked questions

  • Coverstack Technologies Private Limited was incorporated on 15 Nov 2010.

  • The authorized share capital of Coverstack Technologies Private Limited is ₹ 3.75 M and paid-up capital is ₹ 0.98 M.

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

    • Sanjib Jha
    • Rahul Dhanasing Bhapkar
    • Sanjib Jha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Coverstack Technologies Private Limited is C Wing 6088-6092 6Th Floor Oberoi Garden Estate Chandivali Farm Road Chandivali, Andher I (East) India, Mumbai, Maharashtra, 400072.

  • The corporate identification number (CIN) of Coverstack Technologies Private Limited is U72200MH2010PTC210076 and the company number is 210076 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Coverstack Technologies Private Limited is https://www.glitterbug.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Coverstack Technologies Private Limited has fallen by -69.45%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Coverstack Technologies Private Limited has experienced an upsurge of 38.34%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Coverstack Technologies Private Limited amount to ₹ 22.95 Cr.

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

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