Covenant Infosolutions Private Limited
About Covenant Infosolutions Private Limited
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Covenant Infosolutions Private Limited is a private limited company based in Shimla, Himachal Pradesh, India. It operates in the IT services segment of the services sector. It was incorporated on 28 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U72900HP2012PTC000246. Its GSTIN is 02AAFCC3330B1ZM (Himachal Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jay Kumar Sood and Rohini Sood.
Its last annual general meeting (AGM) was held on 28 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Ist Floor Block No – 24 Stpi Building Vikas Nagar, Shimla, Himachal Pradesh, India – 171009.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.2 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹10,761 (net margin -1.7%) and EBITDA of ₹40,980 (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 24% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Covenant Infosolutions Private Limited's registered office is in Shimla, Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIst Floor Block No – 24 Stpi Building Vikas Nagar, Shimla, Himachal Pradesh, India – 171009
- IndustryService, Information Technology Services
To see the full contact details of Covenant Infosolutions 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
Financials of Covenant Infosolutions Private Limited
FY 2021 filings availableCovenant Infosolutions Private Limited reported revenue of ₹6.2 Lakh (down 78% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 78% fall in the latest year. EBITDA rose 114% 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
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| EBITDA | ₹40,980 | ||||
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| Net Profit (PAT) | -₹10,761 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | -1.7% | ||||
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To see the full financial statements and ratios of Covenant Infosolutions Private Limited, buy the company report.
Board of directors of Covenant Infosolutions Private Limited
Covenant Infosolutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Kumar Sood | Director | 28 Sep 2012 | 14 Years 1 Months | Current |
| Rohini Sood | Director | 28 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Covenant Infosolutions Private Limited is audited by MUKESH K SHARMA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKESH K SHARMA & ASSOCIATES | FY 2017 | 016882N |
Shareholding
The shareholding of Covenant Infosolutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Covenant Infosolutions Private Limited, buy the company report.
Legal cases
Covenant Infosolutions Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Soft Technology Park of India | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Software Technology Park of India | Disposed |
To see the full case history of Covenant Infosolutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Covenant Infosolutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Covenant Infosolutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAFCC3330B1ZM | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Covenant Infosolutions Private Limited, buy the company report.
Recent activity
Covenant Infosolutions Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Jay Kumar Sood was appointed as Director on 28 Sep 2012.
Frequently asked questions
Covenant Infosolutions is an active private limited company based in Shimla, Himachal Pradesh, India. The company works in information technology services, within the service industry. It was incorporated on 28 September 2012 (14+ years old) and is registered under CIN U72900HP2012PTC000246.
Covenant Infosolutions has 2 current directors:
- Jay Kumar Sood - Director
- Rohini Sood - Director
The latest financial statements of Covenant Infosolutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 28 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Covenant Infosolutions is 02AAFCC3330B1ZM, registered in Himachal Pradesh.
The CIN (Corporate Identification Number) of Covenant Infosolutions is U72900HP2012PTC000246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covenant Infosolutions has 2 court cases on record: 2 filed against it. Most are in the district courts.
Covenant Infosolutions was incorporated on 28 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Jay Kumar Sood was appointed as Director on 28 Sep 2012. Rohini Sood was appointed as Director on 28 Sep 2012.
The registered office of Covenant Infosolutions is at Ist Floor Block No – 24 Stpi Building Vikas Nagar, Shimla, Himachal Pradesh, India – 171009.
Covenant Infosolutions operates in the service industry, in the information technology services segment.
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