Elveera Technologies Private Limited
About Elveera Technologies Private Limited
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Elveera Technologies Private Limited is a private limited company based in Ernakulam, Kerala, India, recognised as a startup by DPIIT. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 11 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2014PTC036382.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vibin Varghese (Managing Director) and Sajin Mathew Jacob.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 826A/32 Ward No.IX 7B Lavander Apartment Anzera Rajagiri Valley Po Kakkanad, Ernakulam, Kerala, India – 682039.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.75 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹4.3 Lakh (net margin -246%) and EBITDA of -₹4.22 Lakh (EBITDA margin -241%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company is associated with 2 brands: DrReach and Elveera. As per MCA filings, the company has open charges of ₹14 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address826A/32 Ward No.IX 7B Lavander Apartment Anzera Rajagiri Valley Po Kakkanad, Ernakulam, Kerala, India – 682039
- IndustryInformation Technology, Computer Programming, Consultancy
- 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
Associated Brands with Elveera Technologies Private Limited
Elveera Technologies operates two associated brands: DrReach and Elveera. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a cloud-based platform to support various healthcare services. | drreach.co | |
| Provides AI-based web and mobile application development and analytics services. | elveera.com |
Competitors & Alternatives of Elveera Technologies Private Limited
Brands and companies operating in the same space as Elveera Technologies Private Limited include Zocdoc, Modernizing Medicine, Eka Care and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Zocdoc | Healthcare appointments are booked online via Zocdoc's platform. | New York, United States | 2007 |
 Modernizing Medicine | AI-driven EMR and practice management software is delivered for clinics. | Boca Raton, United States | 2010 |
 Eka Care | AI-powered EMR, EHR, and patient engagement solutions are provided. | Bengaluru, India | 2020 |
 CareStack | Cloud-based software for dental practice management is developed. | Celebration, United States | 2015 |
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom | 2007 |
 Henry Schein | Practice management and EMR software are provided to medical practitioners. | Melville, United States | 1932 |
 AlmavivA | IT services suite solutions are provided globally by AlmavivA. | Rome, Italy | 2005 |
 AKQA | Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia | 1994 |
 Fresche Solutions | IT services for application modernization and development are offered. | Montreal, Canada | 1976 |
 GlowTouch | Technology services are provided to mid-sized businesses across multiple regions. | Louisville, United States | 2002 |
Business Activity of Elveera Technologies Private Limited
The main business activity of Elveera Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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.
Auditor Details of Elveera Technologies Private Limited
Elveera Technologies Private Limited is audited by R RAJAN ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R RAJAN ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Elveera Technologies Private Limited
Elveera Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vibin Varghese Also directs: Metanoa Labs Private Limited | Managing Director | 11 Mar 2014 | 12 Years 6 Months | Current |
| Sajin Mathew Jacob | Director | 11 Mar 2014 | 12 Years 6 Months | Current |
Financials of Elveera Technologies Private Limited FY 2019 filings available
Elveera Technologies Private Limited reported revenue of ₹1.75 Lakh (down 47% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Elveera Technologies Private Limited
Revenue fell 47% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Elveera Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.75 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.3 Lakh | •••• | •••• | •••• | •••• |
| 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 Elveera Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -241% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -246% | •••• | •••• | •••• | •••• |
| 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 Elveera Technologies are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Elveera Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Elveera Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jan 2015 | Kerala Financial Corporation | ₹14 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Elveera Technologies Private Limited
Employment history and EPFO contributions of people linked to Elveera 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.
GST Compliance of Elveera 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.
Credit Ratings, Litigation & Regulatory Alerts for Elveera 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 Elveera 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 Elveera 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.
MCA Filings & Documents of Elveera 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.
Recent Activity on Elveera Technologies Private Limited
Frequently Asked Questions about Elveera Technologies Private Limited
Elveera Technologies is an active private limited company based in Ernakulam, Kerala, India. The company works in computer programming, within the information technology industry. It was incorporated on 11 March 2014 (12+ years old) and is registered under CIN U72200KL2014PTC036382.
Elveera Technologies reported revenue of ₹1.75 Lakh for FY 2019 (down 47% YoY).
Elveera Technologies has 2 current directors:
- Vibin Varghese - Managing Director
- Sajin Mathew Jacob - Director
Elveera Technologies reported a net loss of ₹4.3 Lakh (net margin -246%) and EBITDA of -₹4.22 Lakh (EBITDA margin -241%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elveera Technologies is 1% over three years. In the latest year (FY 2019) revenue fell 47%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Elveera Technologies is U72200KL2014PTC036382. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elveera Technologies was incorporated on 11 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ernakulam.
Yes, Elveera Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Elveera Technologies is at 826A32 Ward No.IX 7B Lavander Apartment Anzera Rajagiri Valley Po Kakkanad, Ernakulam, Kerala, India – 682039.