Covert Eye Technologies Private Limited
About Covert Eye Technologies Private Limited
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Covert Eye Technologies Private Limited is a private limited company based in Bangalore South, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 October 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62013KA2023PTC179628.
The company has an authorised share capital of ₹1.97 Lakh and a paid-up capital of ₹1.84 Lakh. It is led by directors Pranjal Nadhani and Ankit Acharya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 5, Bangalore South, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.35 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.92 Cr and EBITDA of -₹4.19 Cr.
The company is associated with 1 brand: Cautio. As per MCA filings, the company has open charges of ₹4 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹27.79 Cr; the latest was in April 2025. Its 10 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Omnicron Solutions Private Limited.
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- Registered AddressBuilding No.5 Fourth Floor, 14th Main Road Sector 5, Bangalore South, Karnataka, India – 560102
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Covert Eye Technologies Private Limited
The main business activity of Covert Eye Technologies is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Covert Eye Technologies Private Limited FY 2025 filings available
Covert Eye Technologies Private Limited reported revenue of ₹43.35 Lakh (up 1719% YoY) for FY 2025.
Financial Statement Summary of Covert Eye Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹4.19 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹4.92 Cr | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Covert Eye Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | •••• |
| Net Profit Margin | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Covert Eye Technologies are in the company report.
Financial statements from FY 2024
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Covert Eye Technologies Private Limited
Covert Eye Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Omnicron Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Futurehook Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kakkanad, Kerala, India |
| Sisir Radar Private Limited | •••• | •••• | •••• | •••• | 18 | Ahmedabad, Gujarat, India |
| Intelifor Technologies Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Electrosal Hi-Tech Private Limited | •••• | •••• | •••• | •••• | - | Belgaum, Karnataka, India |
| Covert Eye Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Uav Systems Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| 3Vision Smart Solutions Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Be India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Ampspark Technologies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Kavikrish Tradecom (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Kolhapur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Covert Eye Technologies by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Covert Eye Technologies Private Limited
Covert Eye Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranjal Nadhani | Director | 11 Oct 2023 | 2 Years 11 Months | Current |
| Ankit Acharya | Director | 11 Oct 2023 | 2 Years 11 Months | Current |
Charges & Borrowings of Covert Eye Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2025 | Others | ₹1 Cr | Open |
| 09 Jun 2025 | Others | ₹1 Cr | Open |
| 25 Jul 2024 | Others | ₹2 Cr | Open |
Total charge records: 3 View all charges
Deals & Funding of Covert Eye Technologies Private Limited
Covert Eye Technologies Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹27.79 Cr; the latest was in April 2025.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2025 | Funding round · Seed | ₹23.49 Cr | Investors: Ohm Enterprises, Antler India, Venture Catalysts |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Venture Catalysts Investments Private Limited Seller: 4 individuals |
| Jul 2024 | Funding round · Pre-seed | ₹4.3 Cr | Investors: Antler India, 8i Ventures, 2 individuals |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Covert Eye Technologies Private Limited
Covert Eye Technologies Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Nayan India Science and Technologies Private Limited | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Covert Eye Technologies Private Limited
Covert Eye Technologies operates one associated brand: Cautio. Each brand links to its own profile.
Employees and EPFO Compliance at Covert Eye Technologies Private Limited
Employment history and EPFO contributions of people linked to Covert Eye Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Covert Eye Technologies Private Limited
Recent Activity on Covert Eye Technologies Private Limited
Covert Eye Technologies Private Limited has 3 board changes on record since 2023: 2 appointments and 1 cessation. The latest: Devashish Dalmiya ceased to be Director on 06 Dec 2023.
Credit Ratings, Litigation & Regulatory Alerts for Covert Eye Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Covert Eye Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Covert Eye Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Covert Eye Technologies Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Covert Eye Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Covert Eye Technologies Private Limited
Covert Eye Technologies is an active private limited company based in Bangalore South, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 October 2023 (3+ years old) and is registered under CIN U62013KA2023PTC179628.
Covert Eye Technologies reported revenue of ₹43.35 Lakh for FY 2025 (up 1719% YoY).
Covert Eye Technologies has 2 current directors:
- Pranjal Nadhani - Director
- Ankit Acharya - Director
Covert Eye Technologies reported a net loss of ₹4.92 Cr and EBITDA of -₹4.19 Cr for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Covert Eye Technologies is U62013KA2023PTC179628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covert Eye Technologies has 1 court case on record: 1 filed against it. 1 is pending.
Covert Eye Technologies was incorporated on 11 October 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Covert Eye Technologies has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹27.79 Cr; the latest was in April 2025.
The peers of Covert Eye Technologies by revenue are Omnicron Solutions Private Limited, Futurehook Technologies Private Limited, Sisir Radar Private Limited, Intelifor Technologies Private Limited, Electrosal Hi-Tech Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Devashish Dalmiya ceased to be Director on 06 Dec 2023. Ankit Acharya was appointed as Director on 11 Oct 2023. Pranjal Nadhani was appointed as Director on 11 Oct 2023.
The registered office of Covert Eye Technologies is at Building No.5 Fourth Floor, 14th Main Road Sector 5, Bangalore South, Karnataka, India – 560102.