Clover Bay Ventures Private Limited
About Clover Bay Ventures Private Limited
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Clover Bay Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC151504.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajiv Upadhyay Jaishankar and Sanghamitra Khuntia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F#004 Chinnu Paradise Doddenakundi, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.9 Cr. For the same year it recorded a net profit of ₹11.66 Lakh (net margin 0.6%) and EBITDA of ₹1.2 Cr (EBITDA margin 6%).
Its group structure includes 2 subsidiaries.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Clover Bay Ventures Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF#004 Chinnu Paradise Doddenakundi, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Clover Bay Ventures Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Clover Bay Ventures is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Clover Bay Ventures Private Limited, buy the company report.
Financials of Clover Bay Ventures Private Limited
FY 2025 filings availableClover Bay Ventures Private Limited reported revenue of ₹19.9 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹1.2 Cr | |||
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| Net Profit (PAT) | ₹11.66 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 6% | |||
| Net Profit Margin | 0.6% | |||
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To see the full financial statements and ratios of Clover Bay Ventures Private Limited, buy the company report.
Board of directors of Clover Bay Ventures Private Limited
Clover Bay Ventures has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Upadhyay Jaishankar | Director | 06 Sep 2021 | 5 Years 2 Months | Current |
| Sanghamitra Khuntia | Director | 06 Sep 2021 | 5 Years 2 Months | Current |
Peer comparison
Clover Bay Ventures Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arthrex Software Engineering Private Limited | ₹19.93 Cr (FY 2025) | 76.0% | Yerawada, Maharashtra, India | |||
| Mirabel Technologies India Private Limited | ₹19.93 Cr (FY 2025) | 22.0% | Hyderabad, Telangana, India | |||
| Perfect Digital Media Resources Private Limited | ₹19.91 Cr (FY 2024) | 35.0% | Chennai, Tamil Nadu, India | |||
| NGV Software India Private Limited | ₹19.9 Cr (FY 2024) | 186.0% | Pune, Maharashtra, India | |||
| Clover Bay Ventures Private Limitedthis company | ₹19.9 Cr (FY 2025) | ₹11.66 Lakh | 0.6% | Bangalore, Karnataka, India | ||
| Diagnal Technologies Private Limited | ₹19.9 Cr (FY 2024) | 34.0% | Thiruvananthapuram, Kerala, India | |||
| Clover Bay Technologies Private Limited | ₹19.9 Cr (FY 2025) | 0.0% | Bangalore, Karnataka, India | |||
| K2 Technosoft India Private Limited | ₹19.88 Cr (FY 2025) | -2.0% | Pune, Maharashtra, India | |||
| Invasystems Software Solutions Private Limited | ₹19.88 Cr (FY 2025) | -51.0% | Pune, Maharashtra, India | |||
| Citixsys Tech Solutions Private Limited | ₹19.87 Cr (FY 2024) | 1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Clover Bay Ventures Private Limited, buy the company report.
Auditor
Clover Bay Ventures Private Limited is audited by KUMAR KUSHAL AND SRINGERI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR KUSHAL AND SRINGERI | FY 2023 | 019167S |
Shareholding
The shareholding of Clover Bay Ventures Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Clover Bay Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Clover Bay Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clover Bay Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Clover Bay Ventures has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Clover Bay Technologies Private Limited | U72900KA2020PTC136791 | |
| Cloverbay Labs Private Limited | U72900KA2022PTC161826 |
To see the full group structure of Clover Bay Ventures Private Limited, buy the company report.
Employees & EPFO
Clover Bay Ventures Private Limited has 1 active EPFO establishment as of Mar 27, 2024.
GST
No GST registration is on our record for Clover Bay Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Clover Bay Ventures Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Rajiv Upadhyay Jaishankar was appointed as Director on 06 Sep 2021.
Frequently asked questions
Clover Bay Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 September 2021 (5+ years old) and is registered under CIN U72900KA2021PTC151504.
Clover Bay Ventures has 2 current directors:
- Rajiv Upadhyay Jaishankar - Director
- Sanghamitra Khuntia - Director
The latest financial statements of Clover Bay Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Clover Bay Ventures is U72900KA2021PTC151504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clover Bay Ventures was incorporated on 06 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Clover Bay Ventures by revenue are Arthrex Software Engineering Private Limited, Mirabel Technologies India Private Limited, Perfect Digital Media Resources Private Limited, NGV Software India Private Limited, Diagnal Technologies Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Rajiv Upadhyay Jaishankar was appointed as Director on 06 Sep 2021. Sanghamitra Khuntia was appointed as Director on 06 Sep 2021.
The registered office of Clover Bay Ventures is at F#004 Chinnu Paradise Doddenakundi, Bangalore, Karnataka, India – 560037.
Clover Bay Ventures operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Clover Bay Ventures is compliant as of 30 August 2026. The company is actively filing with the Registrar of Companies.
Clover Bay Ventures has 2 subsidiary companies including Clover Bay Technologies Private Limited, Cloverbay Labs Private Limited.
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