Cloudverge Software Solutions Private Limited
About Cloudverge Software Solutions Private Limited
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Cloudverge Software Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2019PTC128212. Its GSTIN is 33AAICC0885C1ZY (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sujatha and Ramachandran Vibha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 715 – A 7th Floor Spencer Plaza Suite No.207 Mount Road Anna Salai, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2024, the company reported a revenue of ₹93,233. For the same year it recorded a net profit of ₹73,516 (net margin 78.9%) and EBITDA of ₹73,516 (EBITDA margin 78.9%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years.
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- Registered Address715 – A 7th Floor Spencer Plaza Suite No.207 Mount Road Anna Salai, Chennai, Tamil Nadu, India – 600002
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Cloudverge Software Solutions Private Limited
The main business activity of Cloudverge Software Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Cloudverge Software Solutions Private Limited FY 2024 filings available
Cloudverge Software Solutions Private Limited reported revenue of ₹93,233 for FY 2024.
Compounded Annual Growth Rate (CAGR) of Cloudverge Software Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 55% over three years. EBITDA rose 202% 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 Cloudverge Software Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹73,516 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹73,516 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Cloudverge Software Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 78.9% | •••• | •••• | •••• | •••• |
| 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 Cloudverge Software Solutions are in the company report.
Financial statements from FY 2019
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 Cloudverge Software Solutions Private Limited
Cloudverge Software Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Peopleteck Delta Impactchain Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| R2e Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kotdwar, Uttarakhand, India |
| New Era E-Solutions Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| 1000Projects IT Technologies India Private Limited | •••• | •••• | •••• | •••• | - | Ameerpet, Telangana, India |
| Ozelio Technologies Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Cloudverge Software Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Marineiq Shipping Solutions Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| SD Mactec IT Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Sach Technology Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Nativeskye Private Limited | •••• | •••• | •••• | •••• | - | Trivandrum, Kerala, India |
| Eguardian Global Services India Private Limited | •••• | •••• | •••• | •••• | - | Malad East, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Cloudverge Software Solutions by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Cloudverge Software Solutions Private Limited
Cloudverge Software Solutions Private Limited is audited by K SARAVANAN & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K SARAVANAN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Cloudverge Software Solutions Private Limited
Cloudverge Software Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujatha Also directs: Sartha Cloudapp Services LLP | Director | 25 Mar 2019 | 7 Years 6 Months | Current |
| Ramachandran Vibha Also directs: Sartha Cloudapp Services LLP | Director | 25 Mar 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Cloudverge Software Solutions 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 Cloudverge Software Solutions Private Limited
Cloudverge Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Cloudverge Software Solutions Private Limited
Employment history and EPFO contributions of people linked to Cloudverge Software Solutions.
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 Cloudverge Software Solutions Private Limited
Cloudverge Software Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ramachandran Vibha was appointed as Director on 25 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Cloudverge Software Solutions 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 Cloudverge Software Solutions 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 Cloudverge Software Solutions 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 Cloudverge Software Solutions Private Limited
Cloudverge Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICC0885C1ZY | Tamil Nadu | Active | 22 Apr 2019 |
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 Cloudverge Software Solutions 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 Cloudverge Software Solutions Private Limited
Cloudverge Software Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 March 2019 (7+ years old) and is registered under CIN U72900TN2019PTC128212.
Cloudverge Software Solutions reported revenue of ₹93,233 for FY 2024.
Cloudverge Software Solutions has 2 current directors:
- Sujatha - Director
- Ramachandran Vibha - Director
Cloudverge Software Solutions reported a net profit of ₹73,516 (net margin 78.9%) and EBITDA of ₹73,516 (EBITDA margin 78.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cloudverge Software Solutions is -55% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cloudverge Software Solutions is 33AAICC0885C1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Cloudverge Software Solutions is U72900TN2019PTC128212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cloudverge Software Solutions was incorporated on 25 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Cloudverge Software Solutions by revenue are Peopleteck Delta Impactchain Private Limited, R2e Technologies Private Limited, New Era E-Solutions Private Limited, 1000Projects IT Technologies India Private Limited, Ozelio Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Ramachandran Vibha was appointed as Director on 25 Mar 2019. Sujatha was appointed as Director on 25 Mar 2019.
The registered office of Cloudverge Software Solutions is at 715 – A 7th Floor Spencer Plaza Suite No.207 Mount Road Anna Salai, Chennai, Tamil Nadu, India – 600002.