Covan Tech Private Limited - Company Profile

It is a information technology private limited company based in Hyderabad, Telangana, India, established in 2006.
2006 Hyderabad, Telangana, India Active
Last Updated:
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About Covan Tech Private Limited

Covan Tech Private Limited, a active private limited company, was established on 28 March 2006 in Hyderabad, Telangana, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72200TG2006PTC049629. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 39 professional, Its leadership includes Kandur Sharat Babu (Director), Narayan Reddy Talakanti (Director). Past directors included Kandoori Radhika, Gopal Reddy, Narayan Reddy Talakanti. It holds ₹5.12 M open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 403, 4Th Floor, Aarini Arcade, Sy. No. 46, Pragathi Nagar, Ramanthapur, Uppal Circl, E, Hyderabad, Telangana, 500013.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U72200TG2006PTC049629

  • Registration Number

    049629

  • Incorporation Date

    28 March 2006

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 5.12 M
  • Revenue Growth **** 21.22%
  • Profit Growth **** 41.33%
  • Ebitda **** 22.55%
  • Net Worth 41.43%
  • Total Assets **** 10.79%
Company report

Covan Tech Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Covan Tech 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 Covan Tech Private Limited?
Current Directors
Name Designation Appointment Date Status
Kandur Sharat Babu Director 28 Mar 2006 Current
Narayan Reddy Talakanti Director 16 Mar 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 24 Mar 2025 Past
Pramod Abcsdd Director 16 Mar 2016 Past
Pramod Abcsdd Additional Director 30 Sep 2016 Past

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Financial Performance of Covan Tech.

Covan Tech Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 21.22% increase. The company also saw a substantial improvement in profitability, with a 41.33% increase in profit. The company's net worth Soared by an impressive increase of 41.43%.

Covan Tech revenue growth over time
Covan Tech 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
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 21.22%
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*******
*******
*******
Revenue from Operations
*******
 21.86%
*******
*******
*******
*******
Total Assets
*******
 10.79%
*******
*******
*******
*******
Profit or Loss
*******
 41.33%
*******
*******
*******
*******
Net Worth
*******
 41.43%
*******
*******
*******
*******
EBITDA
*******
 22.55%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Covan Tech?

In 2019, Covan Tech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

₹5,121,258.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 0.51 Cr
Latest Charge Details
Date Lender Amount Status
16 Dec 2016 Others ₹5.12 M Open

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How Many Employees Work at Covan Tech?

Covan Tech has a workforce of 39 employees as of Apr 06, 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 Covan Tech, 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 Covan Tech's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Covan Tech
Recent Activity within the Organization
  • Annual General Meeting

    Covan Tech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Covan Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 5.12 M with Charge ID 100066591 was registered on 16 Dec 2016. was completed.

  • Director Appointment

    Progress on Narayan Reddy Talakanti was appointed as a Director was appointed as a Director on 16 Mar 2016 & has been associated with this company since 10 years 1 month . was documented.

  • Director Appointment

    Kandur Sharat Babu was appointed as a Director was appointed as a Director on 28 Mar 2006 & has been associated with this company since 20 years 1 month . was recorded as a recent event.

  • Company Incorporation

    Progress on Covan Tech Private Limited was registered on 28 Mar 2006 with Roc Hyderabad & aged 20 years 1 month as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Covan Tech Private Limited?

The CIN of Covan Tech Private Limited is U72200TG2006PTC049629.

Where is Covan Tech Private Limited headquartered?

Covan Tech Private Limited is headquartered at 403, 4Th Floor, Aarini Arcade, Sy. No. 46, Pragathi Nagar, Ramanthapur, Uppal Circl, E, Hyderabad, Telangana, 500013.

When was Covan Tech Private Limited incorporated?

Covan Tech Private Limited was incorporated on 28 March 2006.

Who are the current directors of Covan Tech Private Limited?

The current directors of Covan Tech Private Limited are

What is the primary industry of Covan Tech Private Limited?

The primary industry of Covan Tech Private Limited is Information And Communication.

Is Covan Tech Private Limited a listed company?

Covan Tech Private Limited is unlisted.

What is the capital structure of Covan Tech Private Limited?

The authorized capital of Covan Tech Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Covan Tech Private Limited?

The compliance status of Covan Tech Private Limited is Compliant.

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