Covai Homes Private Limited
About Covai Homes Private Limited
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Covai Homes Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U70109TZ2018PTC031186. Its GSTIN is 33AAHCC8428J1ZH (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Lakshmanagounder Kumarasamy and Palanisamy Mani.
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 4A Rangasamy Nagar Rajive Gandhi Nagar Sowripalayam, Coimbatore, Tamil Nadu, India – 641028.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.02 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹5.69 Lakh (net margin -281.2%) and EBITDA of -₹5.69 Lakh (EBITDA margin -281.2%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years.
Company details
Contact details
Covai Homes Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4A Rangasamy Nagar Rajive Gandhi Nagar Sowripalayam, Coimbatore, Tamil Nadu, India – 641028
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Covai Homes Private Limited, buy the company report.
- 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
Business activity
The main business activity of Covai Homes is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Covai Homes Private Limited, buy the company report.
Financials of Covai Homes Private Limited
FY 2024 filings availableCovai Homes Private Limited reported revenue of ₹2.02 Lakh (down 64% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over three years, including a 64% fall in the latest year. EBITDA fell 713% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹5.69 Lakh | ||||
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| Net Profit (PAT) | -₹5.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -281.2% | ||||
| Net Profit Margin | -281.2% | ||||
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To see the full financial statements and ratios of Covai Homes Private Limited, buy the company report.
Board of directors of Covai Homes Private Limited
Covai Homes has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmanagounder Kumarasamy | Director | 20 Jun 2022 | 4 Years 4 Months | Current |
| Palanisamy Mani | Director | 31 Oct 2018 | 8 Years 0 Months | Current |
| Ravi Kandiappagounder | Director | 31 Oct 2018 | 8 Years 0 Months | Current |
Auditor
Covai Homes Private Limited is audited by R Dhanabal & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R Dhanabal & Company | FY 2023 | 016535S |
Shareholding
The shareholding of Covai Homes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Covai Homes Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Covai Homes Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Covai Homes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Covai Homes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCC8428J1ZH | Tamil Nadu | Active | 14 Mar 2019 |
To see the full GST registrations and return filing status of Covai Homes Private Limited, buy the company report.
Recent activity
Covai Homes Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Lakshmanagounder Kumarasamy was appointed as Director on 20 Jun 2022.
Frequently asked questions
Covai Homes is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 October 2018 (8+ years old) and is registered under CIN U70109TZ2018PTC031186.
Covai Homes has 3 current directors:
- Lakshmanagounder Kumarasamy - Director
- Palanisamy Mani - Director
- Ravi Kandiappagounder - Director
The latest financial statements of Covai Homes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Covai Homes is 33AAHCC8428J1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Covai Homes is U70109TZ2018PTC031186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covai Homes was incorporated on 31 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Coimbatore.
Lakshmanagounder Kumarasamy was appointed as Director on 20 Jun 2022. Palanisamy Mani was appointed as Director on 31 Oct 2018. Ravi Kandiappagounder was appointed as Director on 31 Oct 2018.
The registered office of Covai Homes is at 4A Rangasamy Nagar Rajive Gandhi Nagar Sowripalayam, Coimbatore, Tamil Nadu, India – 641028.
Covai Homes operates in the real estate and construction industry, in the real estate builders and developers segment.
Covai Homes can be reached at its registered office: 4A Rangasamy Nagar Rajive Gandhi Nagar Sowripalayam, Coimbatore, Tamil Nadu, India – 641028.
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