About Clover IT Services Private Limited
Data last updated:
Clover IT Services Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72200RJ2011PTC036011. Its GSTIN is 08AAECC5828M1Z9 (Rajasthan).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Monika Vaishnav and Indra Vaishnav.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot Numbers – E5 E38 Dcm Nirman Nagar, Jaipur, Rajasthan, India – 302019.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.19 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.34 Cr (net margin 22.9%) and EBITDA of ₹3.89 Cr (EBITDA margin 38.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 10% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.67 Cr and satisfied charges of ₹3.8 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cloveritservices.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot Numbers – E5 E38 Dcm Nirman Nagar, Jaipur, Rajasthan, India – 302019
- 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 Clover IT Services Private Limited
The main business activity of Clover IT Services is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Clover IT Services Private Limited FY 2025 filings available
Clover IT Services Private Limited reported revenue of ₹10.19 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Clover IT Services Private Limited
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 10% 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 Clover IT Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.89 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.34 Cr | •••• | •••• | •••• | •••• |
| 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 of Clover IT Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 22.9% | •••• | •••• | •••• | •••• |
| 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 Clover IT Services are in the company report.
Financial statements from 2015
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.
Auditor Details of Clover IT Services Private Limited
Clover IT Services Private Limited is audited by GOVERDHAN AGARWAL & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GOVERDHAN AGARWAL & 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 Clover IT Services Private Limited
Clover IT Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monika Vaishnav Also directs: Leading Energy & Technology Solutions Private Limited | Director | 16 Feb 2015 | 11 Years 7 Months | Current |
| Indra Vaishnav | Director | 28 Jul 2011 | 15 Years 2 Months | Current |
| Anirudh Krishan Vaishnav | Director | 28 Jul 2011 | 15 Years 2 Months | Current |
Ownership and Shareholding of Clover IT Services 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 Clover IT Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2025 | Axis Bank Limited | ₹2.5 Cr | Open |
| 02 Jul 2024 | Others | ₹3.17 Cr | Open |
| 31 May 2023 | Hdfc Bank Limited | ₹1 Cr | Satisfied |
| 14 Feb 2023 | Axis Bank Limited | ₹40 Lakh | Satisfied |
| 29 Apr 2022 | Axis Bank Limited | ₹90 Lakh | Satisfied |
Total charge records: 9 View all charges
Legal Cases of Clover IT Services Private Limited
Clover IT Services Private Limited has 9 court cases on record: 1 filed by Clover IT Services, 8 filed against it. 1 case is pending and 8 are disposed. Status as checked between 28 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 1 |
Cases on record (3 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Civil suit | Filed by the company against an individual | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by State Governmentst | Disposed |
| District court, Ajmer, Rajasthan | Court case (Complaint) | Filed against the company by State | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Clover IT Services Private Limited
Clover IT Services Private Limited has a workforce of 1 employees as of Apr 07, 2024.
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 Clover IT Services Private Limited
Clover IT Services Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Monika Vaishnav was appointed as Director on 16 Feb 2015.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Clover IT Services 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 Clover IT Services 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 Clover IT Services 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 Clover IT Services Private Limited
Clover IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAECC5828M1Z9 | Rajasthan | Active | 09 Aug 2017 |
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 Clover IT Services 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 Clover IT Services Private Limited
Clover IT Services is an active private limited company based in Jaipur, Rajasthan, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 July 2011 (15+ years old) and is registered under CIN U72200RJ2011PTC036011.
Clover IT Services reported revenue of ₹10.19 Cr for FY 2025 (down 10% YoY).
Clover IT Services has 3 current directors:
- Monika Vaishnav - Director
- Indra Vaishnav - Director
- Anirudh Krishan Vaishnav - Director
Clover IT Services reported a net profit of ₹2.34 Cr (net margin 22.9%) and EBITDA of ₹3.89 Cr (EBITDA margin 38.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Clover IT Services is 18% over three years and 10% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Clover IT Services is 08AAECC5828M1Z9, registered in Rajasthan.
The CIN (Corporate Identification Number) of Clover IT Services is U72200RJ2011PTC036011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clover IT Services has 9 court cases on record: 1 filed by the company and 8 filed against it. 1 is pending.
Clover IT Services was incorporated on 28 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Jaipur.
Monika Vaishnav was appointed as Director on 16 Feb 2015. Anirudh Krishan Vaishnav was appointed as Director on 28 Jul 2011. Indra Vaishnav was appointed as Director on 28 Jul 2011.