DPIIT recognised startup Government of India
Startup India
Incovo Software Private Limited
Incovo Software Private Limited - information technology in Kota, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹68,500
Latest filing
Net loss · FY 2021
₹2,368
Net margin -3.5%
EBITDA · FY 2021
-₹2,368
EBITDA margin -3.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
GST registrations
1
None active
About Incovo Software Private Limited
Data last updated:
Incovo Software Private Limited is a private limited company based in Kota, Rajasthan, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 12 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72900RJ2017PTC059279. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sushila Bhatt and Prashant Bhatt.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at C/O Om Prakash Bhatt 1 – N – 21 Mahaveer Nagar Ext., Kota, Rajasthan, India – 324005.
As per the financials filed for FY 2021, the company reported a revenue of ₹68,500. For the same year it recorded a net loss of ₹2,368 (net margin -3.5%) and EBITDA of -₹2,368 (EBITDA margin -3.5%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years.
Incovo Software Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-24-0028746). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company Details of Incovo Software Private Limited
CIN U72900RJ2017PTC059279
Registration Number 059279
Incorporation Date 12 October 2017
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Non-Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-RJ-24-0028746
Key People
Sushila Bhatt Director Prashant Bhatt Director Recognitions & Rankings of Incovo Software
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-RJ-24-0028746
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressC/O Om Prakash Bhatt 1 – N – 21 Mahaveer Nagar Ext., Kota, Rajasthan, India – 324005
- IndustryInformation Technology, Other Computer Related Activities
Comprehensive company report
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Business Activity of Incovo Software Private Limited
The main business activity of Incovo Software 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Incovo Software Private Limited FY 2021 filings available
Incovo Software Private Limited reported revenue of ₹68,500 for FY 2021.
Revenue · FY 2021
₹68,500
Net loss · FY 2021
₹2,368 margin -3.5%
EBITDA · FY 2021
-₹2,368 margin -3.5%
Compounded Annual Growth Rate (CAGR) of Incovo Software Private Limited
Revenue CAGR growth
3 years · compounded
▲ 79%
EBITDA CAGR growth
1 year
▲ 90%
3 years · compounded
▼ 30%
Revenue has grown at a compounded annual rate (CAGR) of 79% over three years. EBITDA rose 90% 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 Incovo Software Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| 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 | -₹2,368 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2,368 | •••• | •••• | •••• |
| 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 Incovo Software Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -3.5% | •••• | •••• | •••• |
| Net Profit Margin | -3.5% | •••• | •••• | •••• |
| 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 Incovo Software are in the company report.
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Financial statements from FY 2018
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 Incovo Software Private Limited
Incovo Software has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushila Bhatt | Director | 12 Oct 2017 | 9 Years 0 Months | Current |
| Prashant Bhatt | Director | 12 Oct 2017 | 9 Years 0 Months | Current |
Peer Comparison of Incovo Software Private Limited
Incovo Software Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Datanerds Analytics Private Limited | ₹68,734 (FY 2025) | •••• | •••• | 6873300.0% | •••• | Patiala, Punjab, India |
| Thinkrist Innovation Private Limited | ₹68,696 (FY 2024) | •••• | •••• | -31.0% | •••• | Hyderabad, Telangana, India |
| Unifier Innovation (OPC) Private Limited | ₹68,669 (FY 2025) | •••• | •••• | 116.0% | •••• | Meerut, Uttar Pradesh, India |
| Beenfield Consulting Private Limited | ₹68,605 (FY 2020) | •••• | •••• | -95.0% | •••• | Hyderabad, Telangana, India |
| Smart Interconnect India Private Limited | ₹68,510 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Incovo Software Private Limited this company | ₹68,500 (FY 2021) | •••• | •••• | •••• | Kota, Rajasthan, India | |
| Indflux7 Technology Consulting Private Limited | ₹68,490 (FY 2022) | •••• | •••• | -100.0% | •••• | Bangalore, Karnataka, India |
| Cheyaaz Technologies Private Limited | ₹68,269 (FY 2025) | •••• | •••• | -66.0% | •••• | Chennai, Tamil Nadu, India |
| Widely Media Private Limited | ₹68,157 (FY 2023) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Xoraapp Solutions and Consultancy Private Limited | ₹68,100 (FY 2023) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Vertisys IT Solutions Private Limited | ₹68,067 (FY 2020) | •••• | •••• | 13.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Incovo Software by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Incovo Software Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Incovo Software Private Limited
Incovo Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Incovo Software Private Limited
Employment history and EPFO contributions of people linked to Incovo Software.
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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 Incovo Software Private Limited
Incovo Software Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Prashant Bhatt was appointed as Director on 12 Oct 2017.
AGM
Incovo Software Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Incovo Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Jaipur.
Appointed
Prashant Bhatt was appointed as Director.
Appointed
Sushila Bhatt was appointed as Director.
Incorporation
12 Oct 2017
Incovo Software Private Limited was registered on 12 Oct 2017 with Roc Jaipur & aged 9 years 9 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Incovo Software Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by Incovo Software Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Incovo Software Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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Verified entity values are shown only after access is granted.
GST Compliance of Incovo Software Private Limited
Incovo Software has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Incovo Software Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Incovo Software Private Limited
Incovo Software is an active private limited company based in Kota, Rajasthan, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 12 October 2017 (9+ years old) and is registered under CIN U72900RJ2017PTC059279.
Incovo Software reported revenue of ₹68,500 for FY 2021.
Incovo Software has 2 current directors:
- Sushila Bhatt - Director
- Prashant Bhatt - Director
Incovo Software reported a net loss of ₹2,368 (net margin -3.5%) and EBITDA of -₹2,368 (EBITDA margin -3.5%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Incovo Software is 79% over three years. CAGR is the steady yearly rate that links the first and the last year.
No. Incovo Software has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Incovo Software is U72900RJ2017PTC059279. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incovo Software was incorporated on 12 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Incovo Software by revenue are Datanerds Analytics Private Limited, Thinkrist Innovation Private Limited, Unifier Innovation (OPC) Private Limited, Beenfield Consulting Private Limited, Smart Interconnect India Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Prashant Bhatt was appointed as Director on 12 Oct 2017. Sushila Bhatt was appointed as Director on 12 Oct 2017.
Yes, Incovo Software is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).