Covestays Private Limited Company Logo

Covestays Private Limited - Company Profile

It is a real estate and construction private limited company based in Bangalore, Karnataka, India, established in 2018.

2018 | Bangalore, Karnataka, India | Active
Last Updated:

About Covestays Private Limited

Covestays Private Limited, a active private limited company, was established on 18 December 2018 in Bangalore, Karnataka, India. Engaging in real estate builders & developers within the real estate sector, it holds CIN: U70100KA2018PTC119598. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

Its leadership includes Deepak Mohan (Director), Sumanth Raghavendra Rao (Director). Past directors included Deepak Mohan, Suvasini Radhakrishnan. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 3Rd Floor, Raheja Plaza, Richmond Road Ashok Nagar, Bangalore, Karnataka, 560025.

Company Details

  • CIN/LLPIN

    U70100KA2018PTC119598

  • Registration Number

    119598

  • Incorporation Date

    18 December 2018

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 91.19%
  • Profit Growth -14.07%
  • Ebitda 261.19%
  • Net Worth -24.60%
  • Total Assets 6.34%
Company report

Covestays Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Covestays 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 Covestays Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Deepak MohanDirector15 Oct 2019Current
Sumanth Raghavendra RaoDirector18 Dec 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director31 Dec 2019Past
Pramod AbcsddDirector28 Feb 2023Past

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Financial Performance of Covestays.

Covestays Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 91.19% increase. The company also saw a substantial fall in profitability, with a 14.07% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.6%.

Covestays revenue growth over time
Covestays profit and loss trends over time
  • 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
91.19%
Revenue from Operations
91.33%
Total Assets
6.34%
Profit or Loss
-14.07%
Net Worth
-24.60%
EBITDA
261.19%

What is the Ownership and Shareholding Structure of Covestays?

In 2022, Covestays had a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Covestays?

Unlock and access historical data on people associated with Covestays, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Covestays Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covestays, 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 Covestays'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.

Latest Updates, News, and FAQs on Covestays

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Covestays Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

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

  • Director Appointment

    Deepak Mohan was appointed as a Director was appointed as a Director on 15 Oct 2019 & has been associated with this company since 6 years 1 month . was recorded as a recent event.

  • Director Appointment

    Sumanth Raghavendra Rao was appointed as a Director was appointed as a Director on 18 Dec 2018 & has been associated with this company since 6 years 11 months . was recorded as a recent event.

  • Company Incorporation

    Covestays Private Limited was registered on 18 Dec 2018 with Roc Bangalore & aged 6 years 11 months as per MCA records. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Covestays Private Limited?

    The CIN of Covestays Private Limited is U70100KA2018PTC119598.

  • Where is Covestays Private Limited headquartered?

    Covestays Private Limited is headquartered at 3Rd Floor, Raheja Plaza, Richmond Road Ashok Nagar, Bangalore, Karnataka, 560025.

  • When was Covestays Private Limited incorporated?

    Covestays Private Limited was incorporated on 18 December 2018.

  • Who are the current directors of Covestays Private Limited?

    The current directors of Covestays Private Limited are

  • What is the primary industry of Covestays Private Limited?

    The primary industry of Covestays Private Limited is Real Estate.

  • Is Covestays Private Limited a listed company?

    Covestays Private Limited is unlisted.

  • What is the capital structure of Covestays Private Limited?

    The authorized capital of Covestays Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

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