Codeares Global IT Solutions Private Limited
About Codeares Global IT Solutions Private Limited
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Codeares Global IT Solutions Private Limited is a private limited company based in Patna, Bihar, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U72900BR2021PTC052307.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Divya Tiwary and Jaya Kumari.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at H/O – Arun Shukla S/O – Sri Ram Niwas Shuk At – Adarsh Bihar Colony Khajpura, Patna, Bihar, India – 800014.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.02 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹27,148 (net margin 2.3%) and EBITDA of ₹50,651 (EBITDA margin 4.2%).
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- Registered AddressH/O – Arun Shukla S/O – Sri Ram Niwas Shuk At – Adarsh Bihar Colony Khajpura, Patna, Bihar, India – 800014
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Codeares Global IT Solutions Private Limited
The main business activity of Codeares Global IT Solutions 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.
Board of Directors of Codeares Global IT Solutions Private Limited
Codeares Global IT Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divya Tiwary | Director | 24 Dec 2022 | 3 Years 9 Months | Current |
| Jaya Kumari Also directs: Utkula Adventure LLP | Director | 08 Jun 2021 | 5 Years 3 Months | Current |
Financials of Codeares Global IT Solutions Private Limited FY 2023 filings available
Codeares Global IT Solutions Private Limited reported revenue of ₹12.02 Lakh (down 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Codeares Global IT Solutions Private Limited
Revenue fell 3% in the latest year. EBITDA rose 217% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Codeares Global IT Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| 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 | ₹50,651 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹27,148 | •••• |
| 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 Codeares Global IT Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.2% | •••• |
| Net Profit Margin | 2.3% | •••• |
| 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 Codeares Global IT Solutions are in the company report.
Financial statements from FY 2022
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.
Charges & Borrowings of Codeares Global IT Solutions Private Limited
Codeares Global IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Codeares Global IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Codeares Global IT 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.
GST Compliance of Codeares Global IT Solutions Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Codeares Global IT 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 Codeares Global IT 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 Codeares Global IT 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.
MCA Filings & Documents of Codeares Global IT 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.
Recent Activity on Codeares Global IT Solutions Private Limited
Frequently Asked Questions about Codeares Global IT Solutions Private Limited
Codeares Global IT Solutions is an active private limited company based in Patna, Bihar, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 June 2021 (5+ years old) and is registered under CIN U72900BR2021PTC052307.
Codeares Global IT Solutions reported revenue of ₹12.02 Lakh for FY 2023 (down 3% YoY).
Codeares Global IT Solutions has 2 current directors:
- Divya Tiwary - Director
- Jaya Kumari - Director
Codeares Global IT Solutions reported a net profit of ₹27,148 (net margin 2.3%) and EBITDA of ₹50,651 (EBITDA margin 4.2%) for FY 2023, as per its filed financial statements.
The CIN (Corporate Identification Number) of Codeares Global IT Solutions is U72900BR2021PTC052307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Codeares Global IT Solutions was incorporated on 08 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Patna.
The registered office of Codeares Global IT Solutions is at HO – Arun Shukla SO – Sri Ram Niwas Shuk At – Adarsh Bihar Colony Khajpura, Patna, Bihar, India – 800014.
Codeares Global IT Solutions has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Codeares Global IT Solutions operates in the information technology industry, in the IT consulting and support services segment.