Covalsysoft Solutions Private Limited - Company Profile

It is a information technology private limited company based in Bangalore North, Karnataka, India, established in 2018.
2018 Bangalore North, Karnataka, India Active
Last Updated:
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About Covalsysoft Solutions Private Limited

Covalsysoft Solutions Private Limited, a active private limited company, was established on 06 July 2018 in Bangalore North, Karnataka, India. Engaging in enterprise resource planning (erp) solutions within the information and communication sector, it holds CIN: U72900KA2018PTC114543. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

It upholds a compliant status. Employing 8 professional, Its leadership includes Nanthakumar Adhimoolam (Director), Perumal Adhimoolam (Director). Past directors included Aarthi, Janardhan Janaki Ram Gidijala. It holds ₹2.75 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No 219, 7Th A Main Hrbr Layout ,1St Block,, Bangalore North, Karnataka, 560043.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72900KA2018PTC114543

  • Registration Number

    114543

  • Incorporation Date

    06 July 2018

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.75 M
  • Revenue Growth **** 26.70%
  • Profit Growth **** 34.08%
  • Ebitda **** 21.91%
  • Net Worth 27.48%
  • Total Assets -0.29%
Company report

Covalsysoft Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Covalsysoft Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Covalsysoft Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Nanthakumar Adhimoolam Director 06 Jul 2018 Current
Perumal Adhimoolam Director 06 Jul 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Nov 2021 Past
Pramod Abcsdd Director 27 Sep 2021 Past

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Financial Performance of Covalsysoft Solutions.

Covalsysoft Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.7% increase. The company also saw a substantial improvement in profitability, with a 34.08% increase in profit. The company's net worth Soared by an impressive increase of 27.48%.

Covalsysoft Solutions revenue growth over time
Covalsysoft Solutions profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 26.70%
*******
*******
*******
*******
Revenue from Operations
*******
 26.19%
*******
*******
*******
*******
Total Assets
*******
 -0.29%
*******
*******
*******
*******
Profit or Loss
*******
 34.08%
*******
*******
*******
*******
Net Worth
*******
 27.48%
*******
*******
*******
*******
EBITDA
*******
 21.91%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Covalsysoft Solutions?

Unlock access to Covalsysoft Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹2,750,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 0.28 Cr
Latest Charge Details
Date Lender Amount Status
10 Jul 2025 Others ₹2.75 M Open

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How Many Employees Work at Covalsysoft Solutions?

Covalsysoft Solutions has a workforce of 8 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covalsysoft Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Covalsysoft Solutions's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Covalsysoft Solutions
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others amounted to Rs. 2.75 M with Charge ID 101120563 was registered on 10 Jul 2025. was documented.

  • Annual General Meeting

    The activity Covalsysoft Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Covalsysoft Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Director Appointment

    Progress on Nanthakumar Adhimoolam was appointed as a Director was appointed as a Director on 06 Jul 2018 & has been associated with this company since 7 years 7 months . was documented.

  • Director Appointment

    Perumal Adhimoolam was appointed as a Director was appointed as a Director on 06 Jul 2018 & has been associated with this company since 7 years 7 months . was recorded as a recent event.

  • Company Incorporation

    The activity Covalsysoft Solutions Private Limited was registered on 06 Jul 2018 with Roc Bangalore & aged 7 years 7 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Covalsysoft Solutions Private Limited?

The CIN of Covalsysoft Solutions Private Limited is U72900KA2018PTC114543.

Where is Covalsysoft Solutions Private Limited headquartered?

Covalsysoft Solutions Private Limited is headquartered at No 219, 7Th A Main Hrbr Layout ,1St Block,, Bangalore North, Karnataka, 560043.

When was Covalsysoft Solutions Private Limited incorporated?

Covalsysoft Solutions Private Limited was incorporated on 06 July 2018.

Who are the current directors of Covalsysoft Solutions Private Limited?

The current directors of Covalsysoft Solutions Private Limited are

What is the primary industry of Covalsysoft Solutions Private Limited?

The primary industry of Covalsysoft Solutions Private Limited is Information And Communication.

Is Covalsysoft Solutions Private Limited a listed company?

Covalsysoft Solutions Private Limited is unlisted.

What is the capital structure of Covalsysoft Solutions Private Limited?

The authorized capital of Covalsysoft Solutions Private Limited is ₹5.00 M, and the paid-up capital is ₹5.00 M.

What is the compliance status of Covalsysoft Solutions Private Limited?

The compliance status of Covalsysoft Solutions Private Limited is Compliant.

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