Covalue Technologies Private Limited
About Covalue Technologies Private Limited
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Covalue Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 09 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2016PTC287558.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.13 Lakh. It is led by directors Seema Rattandeep Joneja and Rattandeep Harbhajan Joneja.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹23,200, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹13.03 Lakh and EBITDA of -₹6.82 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 31% over five years.
The company is associated with 1 brand: CoValue.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address2101 Windsor Tower Shashtri Nagar Off. J. P. Road Lokhandwala Andheri (W, ), Mumbai, Maharashtra, India – 400053
- IndustryInternet, Online Financial Services
- 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 Covalue Technologies Private Limited
The main business activity of Covalue Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Covalue Technologies Private Limited FY 2025 filings available
Covalue Technologies Private Limited reported revenue of ₹23,200 (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Covalue Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 10% fall in the latest year. EBITDA rose 29% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Covalue Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹6.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.03 Lakh | •••• | •••• | •••• | •••• |
| 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 Covalue Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Covalue Technologies are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Covalue Technologies Private Limited
Covalue Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| My Home Finance Private Limited | ₹23,557 (FY 2017) | •••• | •••• | 31.0% | •••• | Mumbai, Maharashtra, India |
| L.B.R Finance Private Limited | ₹23,516 (FY 2025) | •••• | •••• | 92.0% | •••• | East Singhbhum, Jharkhand, India |
| Tip Top Finance Pvt Ltd. | ₹23,500 (FY 2024) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Mourya Finance Limited | ₹23,365 (FY 2025) | •••• | •••• | -28.0% | •••• | Bharatpur, Rajasthan, India |
| Essen Finance and Investments Limited | ₹23,205 (FY 2025) | •••• | •••• | •••• | Gandhinagar, Gujarat, India | |
| Covalue Technologies Private Limited this company | ₹23,200 (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Dhanastra Finance and Investment Company Private Limited | ₹23,177 (FY 2022) | •••• | •••• | 49.0% | •••• | Mumbai, Maharashtra, India |
| God Gift Motor and General Finance Private Limited | ₹23,000 (FY 2019) | •••• | •••• | -86.0% | •••• | Sonipat, Haryana, India |
| Merigunj Netaji Micro Finance Private Limited | ₹23,000 (FY 2025) | •••• | •••• | •••• | Canning, West Bengal, India | |
| Neco Leasing and Finance Pvt Ltd | ₹23,000 (FY 2025) | •••• | •••• | 5.0% | •••• | Nagpur, Maharashtra, India |
| Shahu Housing Finance and Development Company Private Limited | ₹23,000 (FY 2025) | •••• | •••• | 2.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Covalue Technologies by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Covalue Technologies Private Limited
Covalue Technologies Private Limited is audited by M. G. SHITAP & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M. G. SHITAP & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Covalue Technologies Private Limited
Covalue Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seema Rattandeep Joneja | Director | 09 Nov 2016 | 9 Years 11 Months | Current |
| Rattandeep Harbhajan Joneja Also directs: Ileathergraph Products Private Limited, Identiti Home Private Limited, Happening Technologies Private Limited and 1 more | Director | 09 Nov 2016 | 9 Years 11 Months | Current |
Ownership and Shareholding of Covalue Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Covalue Technologies Private Limited
Covalue Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Covalue Technologies Private Limited
Covalue Technologies operates one associated brand: CoValue. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a cloud-based platform for analyst rankings of business stocks. | covalue.io |
Employees and EPFO Compliance at Covalue Technologies Private Limited
Employment history and EPFO contributions of people linked to Covalue Technologies.
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 Covalue Technologies Private Limited
Covalue Technologies Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Rattandeep Harbhajan Joneja was appointed as Director on 09 Nov 2016.
Credit Ratings, Litigation & Regulatory Alerts for Covalue Technologies 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 Covalue Technologies 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 Covalue Technologies 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 Covalue Technologies Private Limited
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 Covalue Technologies 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 Covalue Technologies Private Limited
Covalue Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 09 November 2016 (10+ years old) and is registered under CIN U93090MH2016PTC287558.
Covalue Technologies reported revenue of ₹23,200 for FY 2025 (down 10% YoY).
Covalue Technologies has 2 current directors:
- Seema Rattandeep Joneja - Director
- Rattandeep Harbhajan Joneja - Director
Covalue Technologies reported a net loss of ₹13.03 Lakh and EBITDA of -₹6.82 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Covalue Technologies is -48% over three years and -31% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Covalue Technologies is U93090MH2016PTC287558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covalue Technologies was incorporated on 09 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Covalue Technologies by revenue are My Home Finance Private Limited, L.B.R Finance Private Limited, Tip Top Finance Pvt Ltd, Mourya Finance Limited, Essen Finance and Investments Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Rattandeep Harbhajan Joneja was appointed as Director on 09 Nov 2016. Seema Rattandeep Joneja was appointed as Director on 09 Nov 2016.
Yes, Covalue Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Covalue Technologies is at 2101 Windsor Tower Shashtri Nagar Off. J. P. Road Lokhandwala Andheri W, , Mumbai, Maharashtra, India – 400053.