Covet Biotech Private Limited - Company Profile

It is a pharma private limited company based in Jaipur, Rajasthan, India, established in 2002.
2002 Jaipur, Rajasthan, India Active
Last Updated:
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About Covet Biotech Private Limited

Covet Biotech Private Limited, a active private limited company, was established on 08 May 2002 in Jaipur, Rajasthan, India. Engaging in pharmaceutical retailers & distributors within the trade sector, it holds CIN: U24232RJ2002PTC017612. Registered under ROC Roc Jaipur. it is unlisted. It has an authorized capital of ₹0.20 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Karan Bhargava (Director), Manas Bhargava (Director), Virendra Nath Bhargava (Director). Past directors included Karan Bhargava, Shailendra Nath Bhargava, Manas Bhargava. It holds no open charges and ₹0.57 M settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at A-35, Nu-Light, Tonk Road, Gopalpura, Jaipur, Rajasthan, 302018.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U24232RJ2002PTC017612

  • Registration Number

    017612

  • Incorporation Date

    08 May 2002

  • Authorized Capital

    ₹0.20 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Jaipur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 24 Year, 19 Days
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 0.57 M
  • Revenue Growth **** -15.34%
  • Profit Growth **** 138.16%
  • Ebitda **** 435.30%
  • Net Worth 0.98%
  • Total Assets -9.28%
Company report

Covet Biotech Private Limited

Company Report FY 2026-2027

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Explore comprehensive insights into Covet Biotech 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 Covet Biotech Private Limited?
Current Directors
Name Designation Appointment Date Status
Karan Bhargava Director 06 Feb 2017 Current
Manas Bhargava Director 20 Apr 2021 Current
Virendra Nath Bhargava Director 08 May 2002 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2017 Past
Pramod Abcsdd Director 20 Apr 2021 Past
Pramod Abcsdd Director 04 Jan 2017 Past

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Financial Performance of Covet Biotech.

Covet Biotech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.34% decrease. The company also saw a substantial improvement in profitability, with a 138.16% increase in profit. The company's net worth moved up by a moderate rise of 0.98%.

Covet Biotech revenue growth over time
Covet Biotech 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
********
 -15.34%
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*******
*******
*******
Revenue from Operations
*******
 -15.43%
*******
*******
*******
*******
Total Assets
*******
 -9.28%
*******
*******
*******
*******
Profit or Loss
*******
 138.16%
*******
*******
*******
*******
Net Worth
*******
 0.98%
*******
*******
*******
*******
EBITDA
*******
 435.30%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Covet Biotech?

Unlock access to Covet Biotech's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

₹0

Satisfied Charges

₹568,093.00

Charges Breakdown by Lending Institutions
  • Others : 0.06 Cr
Latest Charge Details
Date Lender Amount Status
24 May 2017 Others ₹0.57 M Satisfied

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How Many Employees Work at Covet Biotech?

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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

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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

    Progress on Covet Biotech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Covet Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur. was documented.

  • Charges

    Progress on A charge registered on 24 May 2017 via Charge ID 100291218 with Others was fully satisfied on 12 May 2023. was documented.

  • Director Appointment

    Manas Bhargava was appointed as a Director was appointed as a Director on 20 Apr 2021 & has been associated with this company since 5 years 1 month . was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.57 M with Charge ID 100291218 was registered on 24 May 2017. was documented.

  • Director Appointment

    Progress on Karan Bhargava was appointed as a Director was appointed as a Director on 06 Feb 2017 & has been associated with this company since 9 years 3 months . was documented.

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Frequently Asked Questions
What is the CIN of Covet Biotech Private Limited?

The CIN of Covet Biotech Private Limited is U24232RJ2002PTC017612.

Where is Covet Biotech Private Limited headquartered?

Covet Biotech Private Limited is headquartered at A-35, Nu-Light, Tonk Road, Gopalpura, Jaipur, Rajasthan, 302018.

When was Covet Biotech Private Limited incorporated?

Covet Biotech Private Limited was incorporated on 08 May 2002.

Who are the current directors of Covet Biotech Private Limited?

The current directors of Covet Biotech Private Limited are

What is the primary industry of Covet Biotech Private Limited?

The primary industry of Covet Biotech Private Limited is Trade.

Is Covet Biotech Private Limited a listed company?

Covet Biotech Private Limited is unlisted.

What is the capital structure of Covet Biotech Private Limited?

The authorized capital of Covet Biotech Private Limited is ₹0.20 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Covet Biotech Private Limited?

The compliance status of Covet Biotech Private Limited is Compliant.

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