Covai E-Auction Private Limited
About Covai E-Auction Private Limited
Data last updated:
Covai E-Auction Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It was incorporated on 28 February 2023.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U66190TZ2023PTC027834. Its GSTIN is 33AAKCC8669G1ZA (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Mohamed Iqbal Mohamed Rafi and Shakila Bhanu.
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 Coimbatore, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.02 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹3,210 (net margin 0.5%) and EBITDA of ₹76,400 (EBITDA margin 10.9%).
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- Registered AddressD.No: 154/1, 5th Street Gandhipuram, Coimbatore, Tamil Nadu, India – 641012
- 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
- One PDF report, delivered after checkout
Business Activity of Covai E-Auction Private Limited
The main business activity of Covai E-Auction is other service activities. In detail, this covers activities of membership organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Covai E-Auction Private Limited FY 2025 filings available
Covai E-Auction Private Limited reported revenue of ₹7.02 Lakh (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Covai E-Auction Private Limited
Revenue rose 5% in the latest year. EBITDA rose 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Covai E-Auction Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹76,400 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3,210 | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Covai E-Auction Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.9% | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Covai E-Auction are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Covai E-Auction Private Limited
Covai E-Auction has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohamed Iqbal Mohamed Rafi Also directs: Winasset LLP | Director | 28 Feb 2023 | 3 Years 7 Months | Current |
| Shakila Bhanu | Director | 28 Feb 2023 | 3 Years 7 Months | Current |
| Kaleeswaran | Director | 28 Feb 2023 | 3 Years 7 Months | Current |
Peer Comparison of Covai E-Auction Private Limited
Covai E-Auction Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities of membership organizations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aum Waheguru Seva Mission | ₹7.06 Lakh (FY 2024) | •••• | •••• | -48.0% | •••• | New Delhi, Delhi, India |
| Personal Protection Tools & Bar Private Limited | ₹7.06 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | Delhi, India |
| Tipam Hospitality Services Private Limited | ₹7.06 Lakh (FY 2025) | •••• | •••• | •••• | Sadar, Tripura, India | |
| Avikshita Foundation | ₹7.05 Lakh (FY 2025) | •••• | •••• | 46.0% | •••• | Varanasi, Uttar Pradesh, India |
| Top Supermodel Beauty OPC Private Limited | ₹7.02 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Covai E-Auction Private Limited this company | ₹7.02 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Coimbatore, Tamil Nadu, India |
| Rishigun Property Management Services Private Limited | ₹7.01 Lakh (FY 2025) | •••• | •••• | -43.0% | •••• | Noida, Uttar Pradesh, India |
| Prashya Technologies Private Limited | ₹7.01 Lakh (FY 2025) | •••• | •••• | 482.0% | •••• | Hyderabad, Telangana, India |
| Treta Technocrats Private Limited | ₹7 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Karnawat Fine Chemicals Private Limited | ₹6.96 Lakh (FY 2025) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
| GKC Telecom Private Limited | ₹6.95 Lakh (FY 2024) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Covai E-Auction by revenue in the same principal business activity (Activities of membership organizations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Covai E-Auction Private Limited
Covai E-Auction Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Covai E-Auction Private Limited
Employment history and EPFO contributions of people linked to Covai E-Auction.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Covai E-Auction Private Limited
Covai E-Auction Private Limited has 4 board changes on record since 2023: 3 appointments and 1 cessation. The latest: Riyasudeen Abdul Majeeth ceased to be Director on 30 Nov 2024.
Credit Ratings, Litigation & Regulatory Alerts for Covai E-Auction Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Covai E-Auction Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Covai E-Auction Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Covai E-Auction Private Limited
Covai E-Auction has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCC8669G1ZA | Tamil Nadu | Active | 28 Mar 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Covai E-Auction Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Covai E-Auction Private Limited
Covai E-Auction is an active private limited company based in Coimbatore, Tamil Nadu, India. It was incorporated on 28 February 2023 (3+ years old) and is registered under CIN U66190TZ2023PTC027834.
Covai E-Auction reported revenue of ₹7.02 Lakh for FY 2025 (up 5% YoY).
Covai E-Auction has 3 current directors:
- Mohamed Iqbal Mohamed Rafi - Director
- Shakila Bhanu - Director
- Kaleeswaran - Director
Covai E-Auction reported a net profit of ₹3,210 (net margin 0.5%) and EBITDA of ₹76,400 (EBITDA margin 10.9%) for FY 2025, as per its filed financial statements.
The GSTIN of Covai E-Auction is 33AAKCC8669G1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Covai E-Auction is U66190TZ2023PTC027834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covai E-Auction was incorporated on 28 February 2023, making it 3+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Covai E-Auction by revenue are Aum Waheguru Seva Mission, Personal Protection Tools & Bar Private Limited, Tipam Hospitality Services Private Limited, Avikshita Foundation, Top Supermodel Beauty OPC Private Limited and 5 more, all in the same principal business activity (Activities of membership organizations).
Riyasudeen Abdul Majeeth ceased to be Director on 30 Nov 2024. Kaleeswaran was appointed as Director on 28 Feb 2023. Mohamed Iqbal Mohamed Rafi was appointed as Director on 28 Feb 2023. Covai E-Auction has 4 board changes on record in total.
The registered office of Covai E-Auction is at D.No: 1541, 5th Street Gandhipuram, Coimbatore, Tamil Nadu, India – 641012.
Covai E-Auction has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹3 Lakh.