About Clove It Solutions Private Limited
Data last updated: 17 November 2025
Clove It Solutions Private Limited was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Clove Technologies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 15 November 2015.
Registered with ROC Hyderabad under CIN U72200TG2015PTC101728.
Capital: an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.38 Cr. It was led by directors including Vinay Kumar Penmetsa and Ayodyapuram Jyotheeswara Reddy.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Vvg Park, Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.29 Cr, a growth of 7% compared to the previous year.
The company had a reported workforce of approximately 34 employees prior to being dissolved. It operated as a subsidiary of Clove Technologies Private Limited.
As per MCA filings, the company had satisfied charges of ₹85 Lakh on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is cloveit.com.
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Registered AddressVvg Parkview Pt No. 50 Hno: 1 – 63/50 Kavuri Hills Guttala Begumpet Village Serilingampally, Mandal, Hyderabad, Telangana, India – 500033
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IndustryInformation Technology, Application Development & Software Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Clove It Solutions Private Limited
Clove It Solutions Private Limited is engaged in the principal business activity of information and communication, with detailed activities including 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 |
Business activity turnover details for Clove It Solutions Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Clove It Solutions Private Limited
Clove It Solutions Private Limited is audited by NARVEN ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NARVEN ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Clove It Solutions Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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- Appointment dates
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Board of Directors of Clove It Solutions Private Limited
Clove It Solutions Private Limited is currently managed by 3 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
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Vinay Kumar Penmetsa
Also directs:
Clove Innovent Llp, Clove Properties Private Limited, Clove Technologies Private Limited and 4 more
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Director | 06 Jan 2020 | 6 Years 6 Months | As last reported |
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Ayodyapuram Jyotheeswara Reddy
Also directs:
Ingenious Inventive Comp. Solutions Private Limited
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Director | 15 Nov 2015 | 10 Years 8 Months | As last reported |
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Narasimha Raju Kalidindi Kumara Venkata
Also directs:
Aquadata Informatics Llp, Clove Innovent Llp, Clove Properties Private Limited and 2 more
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Director | 15 Nov 2015 | 10 Years 8 Months | As last reported |
Financials of Clove It Solutions Private Limited FY 2024 filings available
Clove It Solutions Private Limited reported revenue of ₹4.29 Cr (up 7.00% YoY) for FY 2024.
Ten-year financial statements for Clove It Solutions Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
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Ownership and Shareholding of Clove It Solutions Private Limited
Shareholding and ownership data for Clove It Solutions Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Charges & Borrowings of Clove It Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2019 | Others | ₹25 Lakh | Satisfied |
| 20 Jun 2016 | Hdfc Bank Limited | ₹60 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Clove It Solutions Private Limited
Clove It Solutions Private Limited has a workforce of 34 employees as of Sep 26, 2024.
Employee and EPFO history for Clove It Solutions Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Clove It Solutions Private Limited
GST registrations and filing compliance for Clove It Solutions Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Clove It Solutions Private Limited
Credit ratings, litigation, and regulatory alerts for Clove It Solutions Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Clove It Solutions Private Limited
MSME payment history for Clove It Solutions Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Clove It Solutions Private Limited
Corporate group structure for Clove It Solutions Private Limited
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MCA Filings & Documents of Clove It Solutions Private Limited
MCA filings and documents for Clove It Solutions Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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Recent Activity on Clove It Solutions Private Limited
Frequently Asked Questions about Clove It Solutions Private Limited
Clove It Solutions Private Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Clove It Solutions Private Limited is a amalgamated private limited company in the information technology sector based in Hyderabad, Telangana, India. It was incorporated on 15 November 2015 and is registered under CIN U72200TG2015PTC101728. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Clove It Solutions Private Limited was incorporated on 15 November 2015. Registered with ROC Hyderabad.
The current directors of Clove It Solutions Private Limited are:
- Vinay Kumar Penmetsa - Director
- Ayodyapuram Jyotheeswara Reddy - Director
- Narasimha Raju Kalidindi Kumara Venkata - Director
The CIN (Corporate Identification Number) of Clove It Solutions Private Limited is U72200TG2015PTC101728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Clove It Solutions Private Limited is information technology. The company specifically operates in application development and software solutions.