Coveda Technologies Private Limited
About Coveda Technologies Private Limited
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Coveda Technologies Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 August 2002.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2002PTC116455.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹39.8 Lakh. It was led by directors Sharmila Roy Choudhury and Shyamrup Roy Choudhury.
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 was at Plot No – 9 Kh No. – 784 And 786 First Floor Harcharan Bagh Mehrauli, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2024, the company reported a revenue of ₹1 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹4.28 Lakh (net margin -428.3%) and EBITDA of -₹1.69 Lakh (EBITDA margin -169.4%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 21% over five years.
The company has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.63 Cr; the latest was in March 2022.
Company details
Contact details
Coveda Technologies Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No – 9 Kh No. – 784 And 786 First Floor Harcharan Bagh Mehrauli, New Delhi, Delhi, India – 110030
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Coveda Technologies 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 Coveda Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Coveda Technologies Private Limited, buy the company report.
Financials of Coveda Technologies Private Limited
FY 2024 filings availableCoveda Technologies Private Limited reported revenue of ₹1 Lakh (down 58% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 58% fall in the latest year. EBITDA fell 300% 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 | -₹1.69 Lakh | ||||
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| Net Profit (PAT) | -₹4.28 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 | -169.4% | ||||
| Net Profit Margin | -428.3% | ||||
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To see the full financial statements and ratios of Coveda Technologies Private Limited, buy the company report.
Board of directors of Coveda Technologies Private Limited
Coveda Technologies has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharmila Roy Choudhury Also directs: Foresight Contractors LLP, Foresight Finserv Consultants LLP, Foresight Futuristic Private Limited and 2 more | Director | 01 Mar 2021 | 5 Years 7 Months | As last reported |
| Shyamrup Roy Choudhury | Director | 18 Aug 2009 | 17 Years 2 Months | As last reported |
Auditor
Coveda Technologies Private Limited is audited by KHANNA GULATI AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHANNA GULATI AND ASSOCIATES | FY 2023 | 012190N |
Shareholding
The shareholding of Coveda Technologies 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Coveda Technologies Private Limited, buy the company report.
Deals & funding
Coveda Technologies Private Limited has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.63 Cr; the latest was in March 2022.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Gwala Enterprises Private Limited , Nand Lal Aluminium Private Limited , Murari Marketing Private Limited |
| Oct 2008 | Funding round | ₹1.41 Cr | Investors: Murari Marketing Private Limited , Gwala Enterprises Private Limited , 2 individuals |
To see the full deal history of Coveda Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Coveda Technologies 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 Coveda Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Coveda Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Coveda Technologies Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Sharmila Roy Choudhury was appointed as Director on 01 Mar 2021.
Frequently asked questions
Coveda Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Coveda Technologies was a private limited company based in New Delhi, Delhi, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 06 August 2002 and is registered under CIN U72900DL2002PTC116455. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Coveda Technologies was incorporated on 06 August 2002. It is registered with the Registrar of Companies, Delhi.
Coveda Technologies had 2 directors:
- Sharmila Roy Choudhury - Director
- Shyamrup Roy Choudhury - Director
The CIN (Corporate Identification Number) of Coveda Technologies is U72900DL2002PTC116455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Coveda Technologies is at Plot No – 9 Kh No. – 784 And 786 First Floor Harcharan Bagh Mehrauli, New Delhi, Delhi, India – 110030.
The latest financial statements of Coveda Technologies 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 2015 are in the company report.
Coveda Technologies operated in the information technology industry, in the IT consulting and support services segment.
Coveda Technologies has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.63 Cr; the latest was in March 2022.
Sharmila Roy Choudhury was appointed as Director on 01 Mar 2021. Shrirup Roy Choudhary ceased to be Director on 27 Sep 2018. Shiv Anand Krishnan ceased to be Director on 05 Mar 2018. Coveda Technologies has 8 board changes on record in total.