Cleverlocale Private Limited

Cleverlocale Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72900KA2018PTC115480 Incorporated 14 August 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2023
₹20,273
▲ 1548% YoY
Net loss · FY 2023
₹52,203
Net margin -257.5%
EBITDA · FY 2023
-₹44,727
EBITDA margin -220.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date

About Cleverlocale Private Limited

Data last updated:

Cleverlocale Private Limited is a private limited company based in Bangalore, Karnataka, 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 14 August 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC115480.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vishwas Rasbagh (Managing Director) and Komarla Srinivas Mahesh.

Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Old No. 516 New No. 21/1 'Hamsavihar' Anjaneya Temple Street Near Nmh Hotel, Bangalore, Karnataka, India – 560004.

As per the financials filed for FY 2023, the company reported a revenue of ₹20,273, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹52,203 (net margin -257.5%) and EBITDA of -₹44,727 (EBITDA margin -220.6%).

Company details

CIN U72900KA2018PTC115480
Registration Number 115480
Incorporation Date 14 August 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Cleverlocale

DPIIT recognised startup Government of India
Startup India

Contact details

Cleverlocale Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    Old No. 516 New No. 21/1 'Hamsavihar' Anjaneya Temple Street Near Nmh Hotel, Bangalore, Karnataka, India – 560004
  • Industry
    Information Technology, Other Computer Related Activities
Comprehensive company report
Cleverlocale Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Cleverlocale is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Cleverlocale Private Limited, buy the company report.

Financials of Cleverlocale Private Limited

FY 2023 filings available

Cleverlocale Private Limited reported revenue of ₹20,273 (up 1548% YoY) for FY 2023.

Revenue · FY 2023
₹20,273 ▲ 1548%
Net loss · FY 2023
₹52,203 margin -257.5%
EBITDA · FY 2023
-₹44,727 margin -220.6%

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹44,727
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹52,203
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-220.6%
Net Profit Margin-257.5%
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

To see the full financial statements and ratios of Cleverlocale Private Limited, buy the company report.

Board of directors of Cleverlocale Private Limited

Cleverlocale has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vishwas RasbaghManaging Director14 Aug 20188 Years 2 MonthsCurrent
Komarla Srinivas MaheshDirector14 Aug 20188 Years 2 MonthsCurrent

Peer comparison

Cleverlocale Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Layerwire IT Consultancy Private Limited₹20,400 (FY 2024)13.0%Ghaziabad, Uttar Pradesh, India
Cognogen Private Limited₹20,400 (FY 2023)-98.0%Hyderabad, Telangana, India
Joahquin Technologies Private Limited₹20,339 (FY 2024)-42.0%Moradabad, Uttar Pradesh, India
Infiniteworx Omnichannel Private Limited₹20,332 (FY 2018)Pune, Maharashtra, India
Selmak Fashion (OPC) Private Limited₹20,328 (FY 2020)Faridabad, Haryana, India
Cleverlocale Private Limitedthis company₹20,273 (FY 2023)-₹52,203-257.5%1548.0%Bangalore, Karnataka, India
Magic Data Technology Private Limited₹20,260 (FY 2020)New Delhi, Delhi, India
Chenthil Software Private Limited₹20,254 (FY 2022)5.0%Madurai, Tamil Nadu, India
Ipreptoday Skills Foundation₹20,220 (FY 2025)-20.0%Bhubaneswar, Odisha, India
Arknodeio Software Services Private Limited₹20,172 (FY 2022)-47.0%Vytilla P.O, Kerala, India
Nuevo Marketing Private Limited₹20,060 (FY 2023)3.0%Kalanur, Haryana, India

To see the full peer comparison of Cleverlocale Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Cleverlocale Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Cleverlocale Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Cleverlocale Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Komarla Srinivas Mahesh was appointed as Director on 14 Aug 2018.

AGM
Cleverlocale Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Filing
Cleverlocale Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Komarla Srinivas Mahesh was appointed as Director.
Appointed
Vishwas Rasbagh was appointed as Managing Director.
Incorporation
14 Aug 2018
Cleverlocale Private Limited was registered on 14 Aug 2018 with Roc Bangalore & aged 8 years 2 months as per MCA records.

Frequently asked questions

Cleverlocale is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 14 August 2018 (8+ years old) and is registered under CIN U72900KA2018PTC115480.

Cleverlocale has 2 current directors:

The latest financial statements of Cleverlocale on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2019 are in the company report.

The CIN (Corporate Identification Number) of Cleverlocale is U72900KA2018PTC115480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cleverlocale was incorporated on 14 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Cleverlocale by revenue are Layerwire IT Consultancy Private Limited, Cognogen Private Limited, Joahquin Technologies Private Limited, Infiniteworx Omnichannel Private Limited, Selmak Fashion (OPC) Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Komarla Srinivas Mahesh was appointed as Director on 14 Aug 2018. Vishwas Rasbagh was appointed as Managing Director on 14 Aug 2018.

Yes, Cleverlocale is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Cleverlocale is at Old No. 516 New No. 211 Hamsavihar Anjaneya Temple Street Near Nmh Hotel, Bangalore, Karnataka, India – 560004.

Cleverlocale operates in the information technology industry, in the other computer related activities segment.

Cleverlocale can be reached at its registered office: Old No. 516 New No. 211 Hamsavihar Anjaneya Temple Street Near Nmh Hotel, Bangalore, Karnataka, India – 560004.