About Coitor IT Tech Private Limited
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Coitor IT Tech Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72200TZ2013PTC020092. Its GSTIN is 33AAFCC5118F1Z3 (Tamil Nadu).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.14 Lakh. It is led by directors Vellingiri Mahendra and Rajagopal Deebiga.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 327 – C Lingappa Street, Coimbatore, Tamil Nadu, India – 641001.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.67 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.56 Lakh (net margin 8.1%) and EBITDA of ₹31.68 Lakh (EBITDA margin 19%). Revenue has grown at a compounded annual rate (CAGR) of 103% over three years and 53% over five years.
The company is associated with 1 brand: Coitor.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coitor.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address327 – C Lingappa Street, Coimbatore, Tamil Nadu, India – 641001
- 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
Associated Brands with Coitor IT Tech Private Limited
Coitor IT Tech operates one associated brand: Coitor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital innovation company offering AR, VR, Mixed Reality, and 3D Modeling services. | coitor.com |
Competitors & Alternatives of Coitor IT Tech Private Limited
Brands and companies operating in the same space as Coitor IT Tech Private Limited include Obsess, MysizeID, INFIMIND and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Obsess | Provider of virtual store solutions for retail brands | New York, United States | 2017 |
 MysizeID | Mobile-based sizing and measurement solutions are provided through apps. | Tel Aviv, Israel | 1999 |
 INFIMIND | AI-based marketing and PCM solutions are provided for fashion retailers. | Haidian, China | 2017 |
 Virtusize | Virtual fitting solutions for online garment sizing are offered. | Stockholm, Sweden | 2011 |
 Fittingbox | Virtual try-on and 3D solutions are offered for eyewear retailers. | Labege, France | 2006 |
 Dopplr | 3D virtual try-on solutions are offered for fashion e-commerce platforms. | Bengaluru, India | 2021 |
 BODS | Online platform offering personalized fitting technology and virtual try-on for fashion e-commerce | Los Angeles, United States | 2020 |
Business Activity of Coitor IT Tech Private Limited
The main business activity of Coitor IT Tech is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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.
Auditor Details of Coitor IT Tech Private Limited
Auditor information for Coitor IT Tech Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Coitor IT Tech Private Limited
Coitor IT Tech has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vellingiri Mahendra Also directs: Xploro Technology Private Limited | Director | 07 Dec 2016 | 9 Years 9 Months | Current |
| Rajagopal Deebiga | Additional Director | 23 Nov 2022 | 3 Years 10 Months | Current |
Financials of Coitor IT Tech Private Limited FY 2024 filings available
Coitor IT Tech Private Limited reported revenue of ₹1.67 Cr (up 215% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Coitor IT Tech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 215% growth in the latest year. EBITDA rose 814% 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 Coitor IT Tech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹31.68 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.56 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Coitor IT Tech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| 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 Coitor IT Tech 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.
Ownership and Shareholding of Coitor IT Tech 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 Coitor IT Tech Private Limited
Coitor IT Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Coitor IT Tech Private Limited
Employment history and EPFO contributions of people linked to Coitor IT Tech.
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 Coitor IT Tech Private Limited
Coitor IT Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCC5118F1Z3 | Tamil Nadu | Active | 01 Jul 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.
Credit Ratings, Litigation & Regulatory Alerts for Coitor IT Tech 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 Coitor IT Tech 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 Coitor IT Tech 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 Coitor IT Tech 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 Coitor IT Tech Private Limited
Frequently Asked Questions about Coitor IT Tech Private Limited
Coitor IT Tech is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 December 2013 (13+ years old) and is registered under CIN U72200TZ2013PTC020092.
Coitor IT Tech reported revenue of ₹1.67 Cr for FY 2023 (up 215% YoY).
Coitor IT Tech has 2 current directors:
- Vellingiri Mahendra - Director
- Rajagopal Deebiga - Additional Director
Coitor IT Tech reported a net profit of ₹13.56 Lakh (net margin 8.1%) and EBITDA of ₹31.68 Lakh (EBITDA margin 19%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Coitor IT Tech is 103% over three years and 53% over five years. In the latest year (FY 2023) revenue rose 215%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Coitor IT Tech is 33AAFCC5118F1Z3, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Coitor IT Tech is U72200TZ2013PTC020092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coitor IT Tech was incorporated on 16 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Coimbatore.
Coitor IT Tech can be reached through the website coitor.com. Its registered office is in Coimbatore, Tamil Nadu, India.