About Cove Offices
Cove Offices is a Real Estate & Construction company. Coworking spaces and flexible office solutions in India. Its Indian entity Covestays Private Limited reported revenue of ₹4.82 Cr. Cove Offices offers products and services including Virtual Office and Flexible Seating. Its focus areas include Real Estate, Commercial Real Estate, Coworking Spaces and Shared Office Solutions.
Company details
Cove Offices is recognized for providing fully equipped coworking spaces in Chennai and Bangalore, which are designed to meet the needs of freelancers, startups, and businesses. These spaces are equipped with features like high-speed internet, air-conditioning, and power backup, fostering collaboration and efficiency. Access to multiple locations is granted through a single membership, ensuring seamless operations. Comfort and productivity are emphasized in thoughtfully planned environments that cater to dynamic workforces, while facilities such as parking and nearby amenities are included to support daily operations.
- SectorsReal Estate & Construction
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- Website coveoffices.com
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- Legal Name Covestays Pvt. Ltd
- Date of Incorporation 18 Dec, 2018
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹4.82 Cr
FY 2025 · +7% YoY
- Indian entity net profit₹5 Lakh
FY 2025 · 1% margin
- Indian entity EBITDA₹54 Lakh
FY 2025 · 11% margin
Associated legal entities of Cove Offices
Cove Offices operates through Covestays Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Covestays Private Limited CIN U70100KA2018PTC119598 | Active | 18 Dec 2018 | Bangalore, Karnataka | ₹4.8 Cr | 2 | View details |
Products & Services of Cove Offices
Cove Offices offers a comprehensive portfolio of products and services, including Virtual Office and Flexible Seating.
Virtual office services are provided for remote professionals and businesses seeking flexible administrative support.
Flexible seating options are offered in shared environments to accommodate varying team sizes and work preferences.
Board of directors of Covestays Private Limited (Cove Offices)
Covestays Private Limited is the primary company behind Cove Offices. The board of Covestays Private Limited currently have 2 directors; the longest-serving is Sumanth Raghavendra Rao, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sumanth Raghavendra Rao DIN 07763573 | Director | 18 Dec 2018 | 7 yrs 10 mo | Covestays Private Limited |
| Deepak Mohan DIN 07825780 | Director | 15 Oct 2019 | 7 yrs | Covestays Private Limited |
Financials of Cove Offices
Figures of Covestays Private Limited, the primary company behind Cove Offices, for FY 2025. Revenue was ₹4.82 Cr (+7% year on year). Net profit was ₹5 Lakh (1% margin). EBITDA was ₹54 Lakh (11% margin). Revenue has grown at a compounded annual rate of +40% over three years and +21% over five years.
- ₹4.82 CrRevenue · FY 2025 · +7% YoY
- ₹5 LakhNet profit · 1% margin
- ₹54 LakhEBITDA · 11% margin
- ₹1 LakhPaid-up capital
- +40%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Covestays Private Limited are on its company page.
Detailed financial statements for Cove Offices
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Financial ratios
- Five-year trends
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Verified entity values are shown only after access is granted.
Web traffic of Cove Offices
Websites that share an audience with Cove Offices (coveoffices.com).
Websites whose visitors overlap most with Cove Offices. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| workafella.com | 35% | 17.6K | #1,615,498 | View details |
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Frequently Asked Questions about Cove Offices
The primary company behind Cove Offices, Covestays Private Limited, reported revenue of ₹4.82 Cr for FY 2025, up 7% year on year.
Cove Offices is recognized for providing fully equipped coworking spaces in Chennai and Bangalore, which are designed to meet the needs of freelancers, startups, and businesses. These spaces are equipped with features like high-speed internet, air-conditioning, and power backup, fostering collaboration and efficiency. Access to multiple locations is granted through a single membership, ensuring seamless operations. Comfort and productivity are emphasized in thoughtfully planned environments that cater to dynamic workforces, while facilities such as parking and nearby amenities are included to support daily operations.
Cove Offices offers Virtual Office and Flexible Seating.
Cove Offices operates through Covestays Private Limited.
The legal entities of Cove Offices currently have 2 directors, including Deepak Mohan, Sumanth Raghavendra Rao.