About Codeveda Private Limited
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Codeveda Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC102933. Its GSTIN is 29AAGCC9977R1ZB (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vimal Kumar Lalchand (Whole-Time Director) and Lingaraju Devaraj (Whole-Time Director).
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 No. 12 1st Floor 1st Main Road West Of Chord Road 2nd Stage, Bengaluru, Karnataka, India – 560086.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.6 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹5.42 Lakh (net margin 17.2%) and EBITDA of ₹5.95 Lakh (EBITDA margin 18.8%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 22% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Lakh 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 109.75.172.116.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 12 1st Floor 1st Main Road West Of Chord Road 2nd Stage, Bengaluru, Karnataka, India – 560086
- 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 Codeveda Private Limited
The main business activity of Codeveda is information and communication. In detail, this covers 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
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 Codeveda Private Limited FY 2025 filings available
Codeveda Private Limited reported revenue of ₹31.6 Lakh (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Codeveda Private Limited
Revenue rose 20% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA rose 140% 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 Codeveda Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.42 Lakh | •••• | •••• | •••• | •••• |
| 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 Codeveda Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.2% | •••• | •••• | •••• | •••• |
| 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 Codeveda are in the company report.
Financial statements from FY 2018
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 Codeveda Private Limited
Codeveda 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 |
|---|---|---|---|---|---|---|
| Retail Experts Software Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Colossus Pest & Hygiene Services Private Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Mechab Design Solutions Private Limited | •••• | •••• | •••• | •••• | - | Warangal, Telangana, India |
| Keleno Labs Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Synoris Technologies Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Codeveda Private Limited this company | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Intellimint Technologies Private Limited | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| Nearex Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Spysoft Solutions Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Techtroop Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Aspiring Ceo Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Codeveda 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 Codeveda Private Limited
Codeveda Private Limited is audited by SANTHOSH D N & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANTHOSH D N & 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 Codeveda Private Limited
Codeveda has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimal Kumar Lalchand | Whole-Time Director | 15 May 2017 | 9 Years 4 Months | Current |
| Lingaraju Devaraj | Whole-Time Director | 15 May 2017 | 9 Years 4 Months | Current |
Ownership and Shareholding of Codeveda 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 Codeveda Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2018 | Others | ₹5 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Codeveda Private Limited
Codeveda Private Limited has a workforce of 3 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 Codeveda Private Limited
Codeveda Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Bangalore Ningaiah Girish ceased to be Whole-Time Director on 20 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Codeveda 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 Codeveda 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 Codeveda 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 Codeveda Private Limited
Codeveda has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC9977R1ZB | Karnataka | Active | 14 Nov 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 Codeveda 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 Codeveda Private Limited
Codeveda is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 May 2017 (9+ years old) and is registered under CIN U74999KA2017PTC102933.
Codeveda reported revenue of ₹31.6 Lakh for FY 2024 (up 20% YoY).
Codeveda has 2 current directors:
- Vimal Kumar Lalchand - Whole-Time Director
- Lingaraju Devaraj - Whole-Time Director
Codeveda reported a net profit of ₹5.42 Lakh (net margin 17.2%) and EBITDA of ₹5.95 Lakh (EBITDA margin 18.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Codeveda is -18% over three years and -22% over five years. In the latest year (FY 2024) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Codeveda is 29AAGCC9977R1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Codeveda is U74999KA2017PTC102933. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Codeveda was incorporated on 15 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Codeveda by revenue are Retail Experts Software Private Limited, Colossus Pest & Hygiene Services Private Limited, Mechab Design Solutions Private Limited, Keleno Labs Private Limited, Synoris Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Bangalore Ningaiah Girish ceased to be Whole-Time Director on 20 Nov 2018. Lingaraju Devaraj was appointed as Whole-Time Director on 15 May 2017. Vimal Kumar Lalchand was appointed as Whole-Time Director on 15 May 2017.
Codeveda can be reached through the website 109.75.172.116. Its registered office is in Bengaluru, Karnataka, India.