Gramcover Technologies Private Limited

Gramcover Technologies Private Limited - information technology in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U72900UP2018PTC151236 Incorporated 29 September 2018 ROC Kanpur HQ Noida, Uttar Pradesh, India
Active Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2025
₹3.93 Cr
▼ 65% YoY
Net loss · FY 2025
₹4.52 Cr
Net margin -114.8%
EBITDA · FY 2025
-₹4.19 Cr
EBITDA margin -106.6%
Authorised capital
₹27.3 Lakh
Registered with MCA
Paid-up capital
₹15.21 Lakh
Issued & subscribed
Open charges
₹13.02 Cr
Satisfied ₹5 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
13
Provident fund records

About Gramcover Technologies Private Limited

Data last updated:

Gramcover Technologies Private Limited is a private limited company based in Noida, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 September 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2018PTC151236. Its GSTIN is 09AAHCG4798H1Z0 (Uttar Pradesh). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹27.3 Lakh and a paid-up capital of ₹15.21 Lakh. It is led by directors Manu Tandon and Amarnath Kumar.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H – 135 Sector – 63 Noida, Uttar Pradesh, India – 201301.

As per the financials filed for FY 2025, the company reported a revenue of ₹3.93 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹4.52 Cr (net margin -114.8%) and EBITDA of -₹4.19 Cr (EBITDA margin -106.6%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 14% over five years.

The company has about 13 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: GramCover. As per MCA filings, the company has open charges of ₹13.02 Cr and satisfied charges of ₹5 Cr on record. The company has 11 deals on record (8 funding rounds, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹85.95 Cr; the latest was in May 2024. Its 9 peer companies in the same principal business activity (other professional, scientific and technical activities) are compared by revenue, 4 larger and 5 smaller; the largest is Machfox India Private Limited with revenue of ₹3.94 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gramcover.com.

Company details

CIN U72900UP2018PTC151236
Registration Number 151236
Incorporation Date 29 September 2018
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

CIN history

Gramcover Technologies has one previous CIN (Corporate Identification Number): U72900DL2018PTC339766. The current CIN is U72900UP2018PTC151236, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72900UP2018PTC151236Current
U72900DL2018PTC339766Previous

Recognitions & Rankings of Gramcover Technologies

DPIIT recognised startup Government of India
Startup India

Contact details

Gramcover Technologies Private Limited's registered office is in Noida, Uttar Pradesh. Its website is gramcover.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    H – 135 Sector – 63 Noida, Uttar Pradesh, India – 201301
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Gramcover Technologies Private Limited, buy the company report.

Comprehensive company report
Gramcover Technologies Private Limited - one report that includes everything
  • 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
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Brands

Gramcover Technologies operates one associated brand: GramCover. Each brand links to its own profile.

BrandDescriptionWebsite
Online platform offering insurance comparison solutionsgramcover.com

Business activity

The main business activity of Gramcover Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Gramcover Technologies Private Limited, buy the company report.

Financials of Gramcover Technologies Private Limited

FY 2024 filings available

Gramcover Technologies Private Limited reported revenue of ₹3.93 Cr (down 65% YoY) for FY 2025.

Revenue · FY 2025
₹3.93 Cr ▼ 65%
Net loss · FY 2025
₹4.52 Cr margin -114.8%
EBITDA · FY 2025
-₹4.19 Cr margin -106.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 53%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 36%
5 years · compounded
▼ 72%

Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 65% fall in the latest year. EBITDA rose 37% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹4.19 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.52 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-106.6%
Net Profit Margin-114.8%
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

To see the full financial statements and ratios of Gramcover Technologies Private Limited, buy the company report.

Board of directors of Gramcover Technologies Private Limited

Gramcover Technologies has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manu TandonDirector29 Aug 20251 Years 1 MonthsCurrent
Amarnath KumarAdditional Director29 Oct 20250 Years 11 MonthsCurrent

Peer comparison

Gramcover Technologies Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Machfox India Private Limited₹3.94 Cr (FY 2024)164.0%Noida, Uttar Pradesh, India
Bloom Consulting Services Private Limited₹3.94 Cr (FY 2025)-28.0%Nagpur, Maharashtra, India
Parus Enterprises Private Limited₹3.94 Cr (FY 2025)430.0%Hyderabad, Telangana, India
Team Moplet Private Limited₹3.93 Cr (FY 2024)2.0%Thrissur, Kerala, India
Gramcover Technologies Private Limitedthis company₹3.93 Cr (FY 2025)-₹4.52 Cr-114.8%-65.0%13Noida, Uttar Pradesh, India
Funvention Learning Private Limited₹3.93 Cr (FY 2025)14.0%Pune, Maharashtra, India
Solarpix Energy Private Limited₹3.93 Cr (FY 2025)65.0%Nagpur, Maharashtra, India
Smartnet Software Private Limited₹3.93 Cr (FY 2023)4.0%Mumbai, Maharashtra, India
Systemsgo India Private Limited₹3.93 Cr (FY 2025)90.0%New Delhi, Delhi, India
Nexstep Multiparking Private Limited₹3.93 Cr (FY 2024)-62.0%Nashik, Maharashtra, India

To see the full peer comparison of Gramcover Technologies Private Limited, buy the company report.

Auditor

Gramcover Technologies Private Limited is audited by VPS & Co. Chartered Accountants for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VPS & Co. Chartered AccountantsFY 2023016396C

Shareholding

The shareholding of Gramcover Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gramcover Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13.02 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Others₹13.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Mar 2023100700553Others₹7 CrOpen
24 Jun 2021100456312Others₹6.02 CrOpen
23 Mar 2023100716375Axis Bank Limited₹5 CrSatisfied

To see the full charge records of Gramcover Technologies Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Gramcover Technologies Private Limited has 11 deals on record (8 funding rounds, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹85.95 Cr; the latest was in May 2024.

Total deals
11
Funding rounds
8
Debt financings
2
Secondary share transfer
1
Disclosed funding
₹85.95 Cr

Deals on record (5 of 11)

WhenDealAmountParties
Apr 2023Debt financing₹7 CrInvestors: Blacksoil Group
May 2022Debt financing₹3.51 CrInvestors: Stride Ventures
Sep 2019Funding round · Series A₹2.3 CrInvestors: Omidyar Network
Aug 2019Secondary share transferUndisclosedSeller: 2 individuals
Aug 2019Funding round₹3.04 CrInvestors: Omnivore Partners, 2 individuals

To see the full deal history of Gramcover Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Gramcover Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Gramcover Technologies has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Gramcover Insurance Brokers Private LimitedU66000DL2016PTC292037

To see the full group structure of Gramcover Technologies Private Limited, buy the company report.

Employees & EPFO

Gramcover Technologies Private Limited has a workforce of 13 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
13
Active EPFO establishments
1
Employee growth
-31.58%

GST

Gramcover Technologies has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
09AAHCG4798H1Z0Uttar PradeshActive22 Apr 2022
07AAHCG4798H1Z4DelhiActive14 Mar 2019

To see the full GST registrations and return filing status of Gramcover Technologies Private Limited, buy the company report.

Recent activity

Gramcover Technologies Private Limited has 10 board changes on record since 2021: 4 appointments and 6 cessations. The latest: Amarnath Kumar was appointed as Additional Director on 29 Oct 2025.

Appointed
Amarnath Kumar was appointed as Additional Director.
Appointed
Manu Tandon was appointed as Director.
Ceased
Amol Warange ceased to be Nominee Director.
AGM
Gramcover Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Praveen Kumar Ojha ceased to be Additional Director.
Charges
A charge registered on 23 Mar 2023 via Charge ID 100716375 with Axis Bank Limited was fully satisfied on 10 Apr 2024.
Appointed
Praveen Kumar Ojha was appointed as Director.
Filing
Gramcover Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with Axis Bank Limited of Rs. 500.00 Lakh registered on 23 Mar 2023 with Charge ID 100716375 was modified on 13 Apr 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 500.00 Lakh with Charge ID 100716375 was registered on 23 Mar 2023.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 100700553 was registered on 13 Mar 2023.
Charges
A charge with Others of Rs. 602.00 Lakh registered on 24 Jun 2021 with Charge ID 100456312 was modified on 09 May 2022.

7 earlier events are in the company report.

Frequently asked questions

Gramcover Technologies is an active private limited company based in Noida, Uttar Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 September 2018 (8+ years old) and is registered under CIN U72900UP2018PTC151236.

Gramcover Technologies has 2 current directors:

The latest financial statements of Gramcover Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Gramcover Technologies is 09AAHCG4798H1Z0, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAHCG4798H1Z4 (Delhi).

The CIN (Corporate Identification Number) of Gramcover Technologies is U72900UP2018PTC151236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gramcover Technologies was incorporated on 29 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kanpur.

Gramcover Technologies has 11 deals on record (8 funding rounds, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹85.95 Cr; the latest was in May 2024.

The peers of Gramcover Technologies by revenue are Machfox India Private Limited, Bloom Consulting Services Private Limited, Parus Enterprises Private Limited, Team Moplet Private Limited, Funvention Learning Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).

Amarnath Kumar was appointed as Additional Director on 29 Oct 2025. Manu Tandon was appointed as Director on 29 Aug 2025. Amol Warange ceased to be Nominee Director on 12 Feb 2025. Gramcover Technologies has 10 board changes on record in total.

Yes, Gramcover Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Gramcover Technologies can be reached through the website gramcover.com. Its registered office is in Noida, Uttar Pradesh, India.