Covet Biotech Private Limited

Distributor of pharmaceutical products, medicine, nutraceuticals, insulin, and cosmeceutical.

2002 | Jaipur, Rajasthan (India) | Active
Last Updated:

Covet Biotech Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 23 Year, 25 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 0.57 M
  • Revenue Growth -15.34%
  • Profit Growth 138.16%
  • Ebitda 435.30%
  • Net Worth 0.98%
  • Total Assets -9.28%

About Covet Biotech

Covet Biotech Private Limited (CBPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 May 2002 and has a history of 23 years. Its registered office is in Jaipur, Rajasthan, India.

The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.20 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹0.57 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Manas Bhargava, Virendra Bhargava, and Karan Bhargava serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24232RJ2002PTC017612

  • Company No.

    017612

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 May 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Pharma
Company report

Covet Biotech Private Limited

Explore comprehensive data for Covet Biotech Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Covet Biotech?

Board Members (3)

NameDesignationAppointment DateStatus
Virendra Bhargava Country flag representing In Director 08-May-2002Current
Manas Bhargava Country flag representing In Director 20-Apr-2021Current
Karan Bhargava Country flag representing In Director 06-Feb-2017Current

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
  • 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%
Revenue from Operations
-15.43%
Total Assets
-9.28%
Profit or Loss
138.16%
Net Worth
0.98%
EBITDA
435.30%

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 Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.57 M

Charges Breakdown by Lending Institutions

  • Others : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2017Others₹0.57 MSatisfied

How Many Employees Work at Covet Biotech?

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

Employee growth trends for Covet Biotech Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covet Biotech, 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 Covet Biotech'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 Covet Biotech

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Covet Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

  • Charges

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

  • 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 4 years 1 month .

  • Charges

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

  • Director Appointment

    Karan Bhargava was appointed as a Director was appointed as a Director on 06 Feb 2017 & has been associated with this company since 8 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Covet Biotech Private Limited?

    Covet Biotech Private Limited was incorporated on 08 May 2002.

  • What is authorized share capital and paid-up capital of Covet Biotech Private Limited?

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

  • Who are the current board members & directors of Covet Biotech Private Limited?

    Currently 3 directors are associated with Covet Biotech Private Limited.

    • Manas Bhargava
    • Virendra Nath Bhargava
    • Karan Bhargava

  • What is the registered address of Covet Biotech Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Covet Biotech Private Limited is A-35 Nu-Light, Tonk Road Gopalpura India, Jaipur, Rajasthan, 302018.

  • What is the corporate identification number (CIN) and company number of Covet Biotech Private Limited?

    The corporate identification number (CIN) of Covet Biotech Private Limited is U24232RJ2002PTC017612 and the company number is 017612 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Covet Biotech Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Covet Biotech Private Limited has fallen by -15.34%.

  • What change has been observed in the net worth of Covet Biotech Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Covet Biotech Private Limited has experienced an upsurge of 0.98%.

  • When was the last Balance Sheet of Covet Biotech Private Limited filed with the ROC?

    The most recent Balance Sheet for Covet Biotech Private Limited was filed with the ROC on 31 Mar 2024.

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