Coveidentity Tech Private Limited
About Coveidentity Tech Private Limited
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Coveidentity Tech Private Limited is a private limited company based in Mohali, Punjab, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 28 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2019PTC050062. Its GSTIN is 03AAICC4007E1ZB (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹95,000. It is led by directors Kunal Nandwani and Sarvpriye Soni.
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 Flat No. 501 Ruby Tower – 01 Somdatt Landmark Sector 116, Mohali, Punjab, India – 140307.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.47 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net profit of ₹3.29 Lakh (net margin 38.9%) and EBITDA of ₹4.54 Lakh (EBITDA margin 53.6%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
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- TelephoneLocked
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- Registered AddressFlat No. 501 Ruby Tower – 01 Somdatt Landmark Sector 116, Mohali, Punjab, India – 140307
- IndustryInternet, Online Service Marketplaces
- 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 Coveidentity Tech Private Limited
The main business activity of Coveidentity Tech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Coveidentity Tech Private Limited FY 2025 filings available
Coveidentity Tech Private Limited reported revenue of ₹8.47 Lakh (down 86% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Coveidentity Tech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 49% over three years, including a 86% fall in the latest year. EBITDA rose 175% 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 Coveidentity Tech 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 | ₹4.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.29 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 Coveidentity Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 38.9% | •••• | •••• | •••• | •••• |
| 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 Coveidentity Tech are in the company report.
Financial statements from FY 2020
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 Coveidentity Tech Private Limited
Coveidentity Tech Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gulmahal Flowers Private Limited | ₹8.65 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Veda Gayathri Private Limited | ₹8.62 Lakh (FY 2025) | •••• | •••• | 64.0% | •••• | Hyderabad, Telangana, India |
| Thephantom Codes Private Limited | ₹8.59 Lakh (FY 2022) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Fincasys Heritage Private Limited | ₹8.54 Lakh (FY 2023) | •••• | •••• | -54.0% | •••• | Ahmedabad, Gujarat, India |
| Painternet (India) Private Limited | ₹8.53 Lakh (FY 2023) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Coveidentity Tech Private Limited this company | ₹8.47 Lakh (FY 2025) | •••• | •••• | -86.0% | •••• | Mohali, Punjab, India |
| Arundhati Innovations Private Limited | ₹8.43 Lakh (FY 2021) | •••• | •••• | 402.0% | •••• | Thane, Maharashtra, India |
| Flickerlink Technologies (OPC) Private Limited | ₹8.42 Lakh (FY 2025) | •••• | •••• | 1184.0% | •••• | Jammu, Jammu and Kashmir, India |
| Daftar Route India Private Limited | ₹8.42 Lakh (FY 2019) | •••• | •••• | 217.0% | •••• | Noida, Uttar Pradesh, India |
| Cloudsky Technologies Private Limited | ₹8.28 Lakh (FY 2024) | •••• | •••• | 1318.0% | •••• | Chennai, Tamil Nadu, India |
| Electropay Private Limited | ₹8.24 Lakh (FY 2025) | •••• | •••• | •••• | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Coveidentity Tech by revenue in the Ecommerce and Internet industry (Online Service Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Coveidentity Tech Private Limited
Coveidentity Tech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Nandwani Also directs: Hashcove Services LLP, Utrade Solutions Private Limited, Chandi Angel Investors Forum and 1 more | Director | 28 Sep 2019 | 7 Years 0 Months | Current |
| Sarvpriye Soni Also directs: Earthr Living Sustainably Foundation | Director | 28 Sep 2019 | 7 Years 0 Months | Current |
Ownership and Shareholding of Coveidentity Tech 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 Coveidentity Tech Private Limited
Coveidentity Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Coveidentity Tech Private Limited
Coveidentity Tech Private Limited has a workforce of 10 employees as of Apr 06, 2024.
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 Coveidentity Tech Private Limited
Coveidentity Tech Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Kunal Nandwani was appointed as Director on 28 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Coveidentity Tech 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 Coveidentity Tech 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 Coveidentity Tech 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 Coveidentity Tech Private Limited
Coveidentity Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAICC4007E1ZB | Punjab | Active | 01 Jul 2021 |
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 Coveidentity Tech 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 Coveidentity Tech Private Limited
Coveidentity Tech is an active private limited company based in Mohali, Punjab, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 28 September 2019 (7+ years old) and is registered under CIN U72900PB2019PTC050062.
Coveidentity Tech reported revenue of ₹8.47 Lakh for FY 2025 (down 86% YoY).
Coveidentity Tech has 2 current directors:
- Kunal Nandwani - Director
- Sarvpriye Soni - Director
Coveidentity Tech reported a net profit of ₹3.29 Lakh (net margin 38.9%) and EBITDA of ₹4.54 Lakh (EBITDA margin 53.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Coveidentity Tech is -49% over three years. In the latest year (FY 2025) revenue fell 86%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Coveidentity Tech is 03AAICC4007E1ZB, registered in Punjab.
The CIN (Corporate Identification Number) of Coveidentity Tech is U72900PB2019PTC050062. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coveidentity Tech was incorporated on 28 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Coveidentity Tech by revenue are Gulmahal Flowers Private Limited, Veda Gayathri Private Limited, Thephantom Codes Private Limited, Fincasys Heritage Private Limited, Painternet (India) Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).
Kunal Nandwani was appointed as Director on 28 Sep 2019. Sarvpriye Soni was appointed as Director on 28 Sep 2019.
Yes, Coveidentity Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).