Covenant Network Technologies Private Limited
About Covenant Network Technologies Private Limited
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Covenant Network Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 08 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PTC036022. Its GSTIN is 29AACCC5742L1ZC (Karnataka).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.28 Cr. It is led by directors including Niranjan Manjunathan and Narayanappa Shridhara.
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 Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹10.02 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹32.35 Lakh (net margin -322.8%) and EBITDA of -₹18.77 Lakh (EBITDA margin -187.4%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 43% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Inter Networkz. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Covenant Network Technologies Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo 42/2/1, Kudlu Begur Hobli Aecs Layout B Block Kudlu Gate, Bangalore, Karnataka, India – 560068
- IndustryInformation Technology, IT Infrastructure Management & Services
To see the full contact details of Covenant Network 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
Brands
Covenant Network Technologies operates one associated brand: Inter Networkz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT training services in network engineering, security, cloud, AI, and ML, delivered online since 2005. | inter-networkz.com |
Business activity
The main business activity of Covenant Network Technologies is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
Financials of Covenant Network Technologies Private Limited
FY 2024 filings availableCovenant Network Technologies Private Limited reported revenue of ₹10.02 Lakh (down 88% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 88% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Revenue | ₹10.02 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹18.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹32.35 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -187.4% | ||||
| Net Profit Margin | -322.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Covenant Network Technologies Private Limited, buy the company report.
Board of directors of Covenant Network Technologies Private Limited
Covenant Network Technologies has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niranjan Manjunathan | Additional Director | 11 Nov 2024 | 1 Years 11 Months | Current |
| Narayanappa Shridhara | Additional Director | 27 Jan 2025 | 1 Years 9 Months | Current |
| Ashok Kumar Madhusudhan | Additional Director | 03 Nov 2025 | 0 Years 11 Months | Current |
Shareholding
The shareholding of Covenant Network Technologies Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Covenant Network Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2010 | 10238636 | The South Indian Bank Limited | ₹1.45 Cr | Satisfied | |
| 14 Nov 2008 | 10131539 | South Indian Bank Limited | ₹5 Lakh | Satisfied | |
| 22 Aug 2007 | 10067084 | The South Indian Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Covenant Network Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Covenant Network 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 Covenant Network Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Covenant Network Technologies Private Limited has a workforce of 1 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Covenant Network Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC5742L1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Covenant Network Technologies Private Limited, buy the company report.
Recent activity
Covenant Network Technologies Private Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Ashok Kumar Madhusudhan was appointed as Additional Director on 03 Nov 2025.
8 earlier events are in the company report.
Frequently asked questions
Covenant Network Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 08 April 2005 (21+ years old) and is registered under CIN U72200KA2005PTC036022.
Covenant Network Technologies has 3 current directors:
- Niranjan Manjunathan - Additional Director
- Narayanappa Shridhara - Additional Director
- Ashok Kumar Madhusudhan - Additional Director
The latest financial statements of Covenant Network 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.
The GSTIN of Covenant Network Technologies is 29AACCC5742L1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Covenant Network Technologies is U72200KA2005PTC036022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covenant Network Technologies was incorporated on 08 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Ashok Kumar Madhusudhan was appointed as Additional Director on 03 Nov 2025. Narayanappa Shridhara ceased to be Additional Director on 03 Nov 2025. Mari Raj ceased to be Additional Director on 27 Jan 2025. Covenant Network Technologies has 10 board changes on record in total.
The registered office of Covenant Network Technologies is at No 4221, Kudlu Begur Hobli Aecs Layout B Block Kudlu Gate, Bangalore, Karnataka, India – 560068.
Covenant Network Technologies operates in the information technology industry, in the IT infrastructure management and services segment.
Covenant Network Technologies has open charges of ₹2 Cr and satisfied charges of ₹2 Cr as per latest MCA filings.