Hoveredge Technologies Private Limited - Company Profile

It is a business services private limited company based in Visakhapatnam (Urban), Andhra Pradesh, India, established in 2024.
2024 Visakhapatnam (Urban), Andhra Pradesh, India Active
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About Hoveredge Technologies Private Limited

Hoveredge Technologies Private Limited, a active private limited company, was established on 21 November 2024 in Visakhapatnam (Urban), Andhra Pradesh, India. Engaging in miscellaneous business activities within the business services sector, it holds CIN: U74900AP2024PTC116738. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹0.10 M.

Its leadership includes Ravi Teja Baggam (Director), Renu Sarath Babu Vegesna (Director), Likhit Reddy Gurubilli (Director). It is based at 3Rd Floor, Rednam Plaza, Visakhapatnam (Urban), Andhra Pradesh, 530016.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74900AP2024PTC116738

  • Registration Number

    116738

  • Incorporation Date

    21 November 2024

  • Authorized Capital

    ₹1.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 1 Year 3 Months
Company report

Hoveredge Technologies Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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Who are the key members and board of directors at Hoveredge Technologies Private Limited?
Current Directors
Name Designation Appointment Date Status
Ravi Teja Baggam Director 21 Nov 2024 Current
Renu Sarath Babu Vegesna Director 21 Nov 2024 Current
Likhit Reddy Gurubilli Director 21 Nov 2024 Current
Pallam Setty Sanaboina Director 21 Nov 2024 Current
Sravan Kumar Lakhineni Director 21 Nov 2024 Current

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Financial Performance of Hoveredge Technologies.

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Hoveredge Technologies revenue growth over time
Hoveredge Technologies 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
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What is the Ownership and Shareholding Structure of Hoveredge Technologies?

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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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How Many Employees Work at Hoveredge Technologies?

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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
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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Hoveredge Technologies
Recent Activity within the Organization
  • Director Appointment

    Ravi Teja Baggam was appointed as a Director was appointed as a Director on 21 Nov 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.

  • Director Appointment

    Renu Sarath Babu Vegesna was appointed as a Director was appointed as a Director on 21 Nov 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.

  • Director Appointment

    Progress on Likhit Reddy Gurubilli was appointed as a Director was appointed as a Director on 21 Nov 2024 & has been associated with this company since 1 year 3 months . was documented.

  • Director Appointment

    The activity Pallam Setty Sanaboina was appointed as a Director was appointed as a Director on 21 Nov 2024 & has been associated with this company since 1 year 3 months . was completed.

  • Director Appointment

    Sravan Kumar Lakhineni was appointed as a Director was appointed as a Director on 21 Nov 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.

  • Company Incorporation

    Hoveredge Technologies Private Limited was registered on 21 Nov 2024 with Roc Vijayawada & aged 1 year 3 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Hoveredge Technologies Private Limited?

The CIN of Hoveredge Technologies Private Limited is U74900AP2024PTC116738.

Where is Hoveredge Technologies Private Limited headquartered?

Hoveredge Technologies Private Limited is headquartered at 3Rd Floor, Rednam Plaza, Visakhapatnam (Urban), Andhra Pradesh, 530016.

When was Hoveredge Technologies Private Limited incorporated?

Hoveredge Technologies Private Limited was incorporated on 21 November 2024.

Who are the current directors of Hoveredge Technologies Private Limited?

The current directors of Hoveredge Technologies Private Limited are

What is the primary industry of Hoveredge Technologies Private Limited?

The primary industry of Hoveredge Technologies Private Limited is Business Services.

Is Hoveredge Technologies Private Limited a listed company?

Hoveredge Technologies Private Limited is unlisted.

What is the capital structure of Hoveredge Technologies Private Limited?

The authorized capital of Hoveredge Technologies Private Limited is ₹1.50 M, and the paid-up capital is ₹0.10 M.

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