Covrize It Solutions Private Limited - Company Profile

It is a information technology private limited company based in Kalol, Gujarat, India, established in 2021.
2021 Kalol, Gujarat, India Active
Last Updated:
Access Report
About Covrize It Solutions Private Limited

Covrize It Solutions Private Limited, a active private limited company, was established on 17 November 2021 in Kalol, Gujarat, India. Engaging in application development & software solutions within the professional, scientific and technical sector, it holds CIN: U74999GJ2021PTC127382. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Employing 22 professional, Its leadership includes Varixkumar Jayantibhai Patel (Director), Zalak Pankajkumar Shah (Additional Director), Diptiben Dhavalbhai Agravat (Additional Director). Past directors included Jay Harshadbhai Chotaliya, Zalak Pankajkumar Shah. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at I -1103 Shaligram Lake View,, Kalol, Gujarat, 382735.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74999GJ2021PTC127382

  • Registration Number

    127382

  • Incorporation Date

    17 November 2021

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 4 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** 1036.75%
  • Profit Growth **** -1.67%
  • Ebitda **** 1015.82%
  • Net Worth 19.90%
  • Total Assets **** 193.23%
Company report

Covrize It Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Covrize It Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Covrize It Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Varixkumar Jayantibhai Patel Director 17 Nov 2021 Current
Zalak Pankajkumar Shah Additional Director 09 Aug 2024 Current
Diptiben Dhavalbhai Agravat Additional Director 18 Feb 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 12 Aug 2024 Past
Pramod Abcsdd Additional Director 01 May 2025 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Covrize It Solutions.

Covrize It Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1036.75% increase. The company also saw a slight decrease in profitability, with a 1.67% decrease in profit. The company's net worth Soared by an impressive increase of 19.9%.

Covrize It Solutions revenue growth over time
Covrize It Solutions 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
********
 1036.75%
*******
*******
*******
*******
Revenue from Operations
*******
 1032.90%
*******
*******
*******
*******
Total Assets
*******
 193.23%
*******
*******
*******
*******
Profit or Loss
*******
 -1.67%
*******
*******
*******
*******
Net Worth
*******
 19.90%
*******
*******
*******
*******
EBITDA
*******
 1015.82%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Covrize It Solutions?

In 2023, Covrize It Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

Reveal ownership structures and financial performance - Get instant access now!

How Many Employees Work at Covrize It Solutions?

Covrize It Solutions has a workforce of 22 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

Gain comprehensive insights into the Deals and Valuation data of Covrize It Solutions, 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 Covrize It Solutions'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Covrize It Solutions
Recent Activity within the Organization
  • Director Appointment

    The activity Diptiben Dhavalbhai Agravat was appointed as a Additional Director was appointed as a Additional Director on 18 Feb 2025 & has been associated with this company since 1 year 3 days . was completed.

  • Annual General Meeting

    Covrize It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    The activity Zalak Pankajkumar Shah was appointed as a Additional Director was appointed as a Additional Director on 09 Aug 2024 & has been associated with this company since 1 year 6 months . was completed.

  • Balance Sheet

    Covrize It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    The activity Varixkumar Jayantibhai Patel was appointed as a Director was appointed as a Director on 17 Nov 2021 & has been associated with this company since 4 years 3 months . was completed.

  • Company Incorporation

    Covrize It Solutions Private Limited was registered on 17 Nov 2021 with Roc Ahmedabad & aged 4 years 3 months as per MCA records. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Covrize It Solutions Private Limited?

The CIN of Covrize It Solutions Private Limited is U74999GJ2021PTC127382.

Where is Covrize It Solutions Private Limited headquartered?

Covrize It Solutions Private Limited is headquartered at I -1103 Shaligram Lake View,, Kalol, Gujarat, 382735.

When was Covrize It Solutions Private Limited incorporated?

Covrize It Solutions Private Limited was incorporated on 17 November 2021.

Who are the current directors of Covrize It Solutions Private Limited?

The current directors of Covrize It Solutions Private Limited are

What is the primary industry of Covrize It Solutions Private Limited?

The primary industry of Covrize It Solutions Private Limited is Professional, Scientific And Technical.

Is Covrize It Solutions Private Limited a listed company?

Covrize It Solutions Private Limited is unlisted.

What is the capital structure of Covrize It Solutions Private Limited?

The authorized capital of Covrize It Solutions Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Covrize It Solutions Private Limited?

The compliance status of Covrize It Solutions Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available