Koove Iot Private Limited - healthcare in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U32109WB2019PTC234531 Incorporated 29 October 2019 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company healthcare DPIIT Startup MSME · Medium
Data last updated
Revenue · FY 2025
₹21.98 Cr
▲ 132% YoY
Net loss · FY 2025
₹5.65 Cr
Net margin -25.7%
EBITDA · FY 2025
₹1.87 Cr
EBITDA margin 8.5%
Authorised capital
₹26 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹39.91 Cr
Satisfied ₹39.91 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
59
Provident fund records

About Koove Iot Private Limited

Data last updated:

Koove Iot Private Limited is a private limited company based in Kolkata, West Bengal, India, recognised as a startup by DPIIT. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 29 October 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U32109WB2019PTC234531. Its GSTIN is 19AAHCK8542M1ZU (West Bengal). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sudam Mitra and Shashi Kant Singh.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9 Ajc Bose Road Ideal Centre 1st Floor, Kolkata, West Bengal, India – 700017.

As per the financials filed for FY 2025, the company reported a revenue of ₹21.98 Cr, a growth of 132% compared to the previous year. For the same year it recorded a net loss of ₹5.65 Cr (net margin -25.7%) and EBITDA of ₹1.87 Cr (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 251% over three years.

The company has about 59 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Koove. As per MCA filings, the company has open charges of ₹39.91 Cr and satisfied charges of ₹39.91 Cr on record.

Koove Iot Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0009241). For more details, the company can be reached via its website 1stglove.com.

Company details

CIN U32109WB2019PTC234531
Registration Number 234531
Incorporation Date 29 October 2019
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0009241

Recognitions & Rankings of Koove Iot

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-WB-10-0009241

Contact details

Koove Iot Private Limited's registered office is in Kolkata, West Bengal. Its website is 1stglove.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    9 Ajc Bose Road Ideal Centre 1st Floor, Kolkata, West Bengal, India – 700017
  • Industry
    Healthcare, Medical Consumables & Supplies

To see the full contact details of Koove Iot Private Limited, buy the company report.

Comprehensive company report
Koove Iot 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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Secure checkout · GST invoice included

Brands

Koove Iot operates one associated brand: Koove. Each brand links to its own profile.

BrandDescriptionWebsite
Limited information availablekoove.co

Business activity

The main business activity of Koove Iot is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

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

Financials of Koove Iot Private Limited

FY 2025 filings available

Koove Iot Private Limited reported revenue of ₹21.98 Cr (up 132% YoY) for FY 2025.

Revenue · FY 2025
₹21.98 Cr ▲ 132%
Net loss · FY 2025
₹5.65 Cr margin -25.7%
EBITDA · FY 2025
₹1.87 Cr margin 8.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 132%
3 years · compounded
▲ 251%
EBITDA CAGR growth
3 years · compounded
▲ 55%
5 years · compounded
▲ 356%

Revenue has grown at a compounded annual rate (CAGR) of 251% over three years, including 132% growth 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₹1.87 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.65 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 Margin8.5%
Net Profit Margin-25.7%
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 Koove Iot Private Limited, buy the company report.

Board of directors of Koove Iot Private Limited

Koove Iot has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sudam MitraDirector26 Dec 20241 Years 10 MonthsCurrent
Shashi Kant SinghDirector29 Oct 20196 Years 11 MonthsCurrent
Niraj BankaDirector12 Aug 20251 Years 2 MonthsCurrent

Auditor

Koove Iot Private Limited is audited by AGARWAL P D & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AGARWAL P D & ASSOCIATESFY 2023330651E

Shareholding

The shareholding of Koove Iot Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

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

To see the full shareholding pattern of Koove Iot Private Limited, buy the company report.

Charges & borrowings

Open charges
₹39.91 Cr
Satisfied charges
₹39.91 Cr
Breakdown by lending institutions
Indian Bank₹39.91 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Jan 2022100519599Indian Bank₹1.55 CrSatisfied
30 Aug 2021100478033Indian Bank₹38.36 CrSatisfied

To see the full charge records of Koove Iot Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

Employees & EPFO

Koove Iot Private Limited has a workforce of 59 employees on its EPFO records as of Dec 09, 2024, across 1 active EPFO establishment.

Employee count
59
Active EPFO establishments
1
Employee growth
11.32%

GST

Koove Iot has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
19AAHCK8542M1ZUWest BengalActive13 Feb 2020
09AAHCK8542M1ZVUttar PradeshActive09 May 2020

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

Recent activity

Koove Iot Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Niraj Banka was appointed as Director on 12 Aug 2025.

AGM
Koove Iot Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Niraj Banka was appointed as Director.
Charges
A charge registered on 07 Jan 2022 via Charge ID 100519599 with Indian Bank was fully satisfied on 22 Apr 2025.
Charges
A charge registered on 30 Aug 2021 via Charge ID 100478033 with Indian Bank was fully satisfied on 22 Apr 2025.
Filing
Koove Iot Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Appointed
Sudam Mitra was appointed as Director.
Charges
A charge with Indian Bank amounted to Rs. 155.00 Lakh with Charge ID 100519599 was registered on 07 Jan 2022.
Ceased
Sajjan Kumar Khandelwal ceased to be Additional Director.
Ceased
Sukhendu Chakraborty ceased to be Additional Director.
Charges
A charge with Indian Bank amounted to Rs. 3,836.00 Lakh with Charge ID 100478033 was registered on 30 Aug 2021.
Ceased
Bappa Jana ceased to be Director.
Appointed
Shashi Kant Singh was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Koove Iot is an active private limited company based in Kolkata, West Bengal, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 29 October 2019 (7+ years old) and is registered under CIN U32109WB2019PTC234531.

Koove Iot has 3 current directors:

The latest financial statements of Koove Iot on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Koove Iot is 19AAHCK8542M1ZU, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAHCK8542M1ZV (Uttar Pradesh).

The CIN (Corporate Identification Number) of Koove Iot is U32109WB2019PTC234531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Koove Iot was incorporated on 29 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kolkata.

Niraj Banka was appointed as Director on 12 Aug 2025. Sudam Mitra was appointed as Director on 26 Dec 2024. Sajjan Kumar Khandelwal ceased to be Additional Director on 30 Nov 2021. Koove Iot has 6 board changes on record in total.

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

Yes, Koove Iot is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0009241).

Koove Iot can be reached through the website 1stglove.com. Its registered office is in Kolkata, West Bengal, India.