Clover Infotech Private Limited

Clover Infotech Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials and compliance.
CIN U72200PN2000PTC014922 Incorporated 25 May 2000 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹393.46 Cr
▲ 18.00% YoY
EBITDA · FY 2024
*****
▲ 18.00% YoY
Net profit · FY 2024
*****
▲ 2.00% YoY
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.08 Cr
Issued & subscribed
Open charges
₹106.6 Cr
Satisfied ₹12.72 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
4,439
Latest available

About Clover Infotech Private Limited

Data last updated: 27 December 2025

Clover Infotech Private Limited is a private limited company based in Pune, Maharashtra, India. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 25 May 2000, the company has been in operation for over 26 years.

Registered with ROC Pune under CIN U72200PN2000PTC014922.

Capital: an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.08 Cr. It is led by directors including Farokh Kekhushroo Banatwalla and Azim Faizullah Tapia.

Last AGM: 25 September 2024. Financial statements filed for year ended 31 March 2024. Office: Clover Centrum Plot No. 5 Galaxy Society 245 Boat Club Road, Pune, Maharashtra, India – 411001.

As per the financials filed for FY 2024, the company reported a revenue of ₹393.46 Cr, a growth of 18% compared to the previous year.

The company has a workforce of approximately 4,439 employees as per the latest available data. Its group structure includes 1 subsidiary.

The company is associated with 1 brand - Clover Infotech. As per MCA filings, the company has open charges of ₹106.6 Cr and satisfied charges of ₹12.72 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cloverinfotech.com.

Company Details of Clover Infotech Private Limited
CIN U72200PN2000PTC014922
Registration Number 014922
Incorporation Date 25 May 2000
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
  • Registered Address
    Clover Centrum Plot No. 5 Galaxy Society 245 Boat Club Road, Pune, Maharashtra, India – 411001
  • Industry
    Information Technology, IT Consulting & Support Services
Company report
Clover Infotech Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Clover Infotech Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Clover Infotech Private Limited

Clover Infotech Private Limited operates one associated brand: Clover Infotech. These brands represent Clover Infotech Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Provides IT consulting, cloud services, and data management for global enterprises. cloverinfotech.com

Competitors & Alternatives of Clover Infotech Private Limited

Brands and companies operating in the same space as Clover Infotech Private Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.

Competitor Description Location Founded
Happiest Minds Happiest Minds IT outsourcing services are delivered across multiple business lines. Bengaluru, India, India 2011
Mavenir Mavenir Multi-access edge networking computing platform is provided for mobile services. Richardson, United States, United States 2005
1&1 IONOS 1&1 IONOS Cloud infrastructure and hosting services are provided by 1&1 IONOS. Chesterbrook, United States, United States 1988
Datamatics Datamatics Cloud-based text analytics and cognitive automation services are provided. Mumbai, India, India 1975
Genpact Genpact Provider of end-to-end business process outsourcing services New York, United States, United States 1997
NTT DATA NTT DATA Application development, cloud, cybersecurity, and business intelligence services are provided. Koto City, Japan, Japan 1967
Endava Endava Endava is engaged in digital transformation and AI-driven solutions. London, United Kingdom, United Kingdom 2000
Accenture Accenture IT and management consultancy services are provided globally. Dublin, Ireland, Ireland 1989
UST UST High-quality office furniture is provided by UST for various needs. Taiwan 1998

Business Activity of Clover Infotech Private Limited

Clover Infotech Private Limited is engaged in principal business activities including information and communication and trade, with detailed activities including data processing, hosting and related activities; web portal, retail trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
J Information and communication J7 Data processing, hosting and related activities; web portal *********
G Trade G2 Retail Trading *********

Auditor Details of Clover Infotech Private Limited

Clover Infotech Private Limited is audited by G. M. Kapadia & Co 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
G. M. Kapadia & Co blur-value blur-value blur-value

Board of Directors of Clover Infotech Private Limited

Clover Infotech Private Limited is currently managed by 5 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Farokh Kekhushroo Banatwalla Director 10 Aug 2009 16 Years 11 Months Current
Azim Faizullah Tapia Director 11 Mar 2021 5 Years 4 Months Current
Shrikant Keshav Navelkar Director 15 Jun 2013 13 Years 0 Months Current
Kunal Gopinath Nagarkatti Managing Director 22 Apr 2025 1 Years 2 Months Current
Javed Faizullah Tapia Director 25 May 2000 26 Years 1 Months Current

Financials of Clover Infotech Private Limited FY 2024 filings available

Clover Infotech Private Limited reported revenue of ₹393.46 Cr (up 18% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹393.46 Cr ▲ 18%
Profit
***** ▲ 2%
EBITDA
***** ▲ 18%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Clover Infotech Private Limited

As of FY 2023, Clover Infotech Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Group Structure of Clover Infotech Private Limited

Clover Infotech Private Limited has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Clover Infotech Private Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
1
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
Sienna Systems Resources Private Limited U29253MH2010PTC204370
**.**%

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Clover Infotech Private Limited

Open charges
₹106.6 Cr
Satisfied charges
₹12.72 Cr
Breakdown by lending institutions
Others₹106.60 Cr
Latest charge details
DateLenderAmountStatus
25 Mar 2025 Others ₹1 Cr Open
13 Apr 2022 Others ₹48.8 Cr Open
29 Sep 2015 Others ₹56.8 Cr Open
02 Jan 2019 Others ₹95 Lakh Satisfied
30 Oct 2013 Ing Vysya Bank Limited ₹6 Cr Satisfied

Total charge records: 8 View all charges

Employees and EPFO Compliance at Clover Infotech Private Limited

Clover Infotech Private Limited has a workforce of 4,439 employees as of Mar 21, 2024.

Employee count
4,439
Active EPFO establishments
1
Employee growth
4.69%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Clover Infotech Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Clover Infotech Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Clover Infotech Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Clover Infotech Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Clover Infotech Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Clover Infotech Private Limited

MSME Payment Delays by Clover Infotech Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Clover Infotech Private Limited

Subsidiaries & Group Companies of Clover Infotech Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Clover Infotech Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Clover Infotech Private Limited

MCA Filings & Documents of Clover Infotech Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Clover Infotech Private Limited

Directors
22 Apr 2025
Kunal Gopinath Nagarkatti was appointed as a Managing Director on 22 Apr 2025 & has been associated with this company since 1 year 2 months.
Charges
25 Mar 2025
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101080809 was registered on 25 Mar 2025.
Activity
25 Sep 2024
Clover Infotech Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Clover Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
11 Jan 2023
A charge registered on 02 Jan 2019 via Charge ID 100233206 with Others was fully satisfied on 11 Jan 2023.
Charges
13 Apr 2022
A charge with Others amounted to Rs. 48.80 Cr with Charge ID 100569559 was registered on 13 Apr 2022.

Frequently Asked Questions about Clover Infotech Private Limited

Clover Infotech Private Limited is an active private limited company in the information technology sector based in Pune, Maharashtra, India. It was incorporated on 25 May 2000 (26+ years old) and is registered under CIN U72200PN2000PTC014922. The company has 4,439 employees.

Clover Infotech Private Limited reported revenue of ₹393.46 Cr for FY 2024 (up 18.00% YoY).

The primary industry of Clover Infotech Private Limited is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.

Clover Infotech Private Limited can be reached at the registered office: Clover Centrum Plot No. 5 Galaxy Society 245 Boat Club Road, Pune, Maharashtra, India – 411001, or through the website cloverinfotech.com.

The authorised capital is ₹1.25 Cr, and the paid-up capital is ₹1.08 Cr.

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