About Kovair IT Services Private Limited
Data last updated:
Kovair IT Services Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Kovair Software Private Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72100WB2005PTC101601. Its GSTIN is 19AAJCS0868C1Z8 (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Shibaji Gupta and Bipin Amritlal Shah.
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 Pti Building 6th Floor Dp – 9 Dp – Block Sector – V Salt Lake, Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2023, the company reported a revenue of ₹54.55 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹3.88 Lakh (net margin 7.1%) and EBITDA of ₹5.51 Lakh (EBITDA margin 10.1%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 17% over five years.
The company is associated with 1 brand: Kovair.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kovair.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPti Building 6th Floor Dp – 9 Dp – Block Sector – V Salt Lake, Kolkata, West Bengal, India – 700091
- IndustryInformation Technology, Application Development & Software Solutions, IT Products Retail & Distribution
- 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 Kovair IT Services Private Limited
Kovair IT Services operates one associated brand: Kovair. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Integrated application lifecycle management solutions are provided by Kovair. | kovair.com |
Business Activity of Kovair IT Services Private Limited
The main business activity of Kovair IT Services is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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.
Financials of Kovair IT Services Private Limited FY 2025 filings available
Kovair IT Services Private Limited reported revenue of ₹54.55 Lakh (down 31% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Kovair IT Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 31% fall in the latest year. EBITDA fell 50% 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 Kovair IT Services Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹5.51 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.88 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 Kovair IT Services Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.1% | •••• | •••• | •••• | •••• |
| 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 Kovair IT Services 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.
Board of Directors of Kovair IT Services Private Limited
Kovair IT Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shibaji Gupta Also directs: Winsome Plastics Private Limited, Doon Optical Systems Private Limited, Kovair Software Private Limited and 1 more | Director | 15 Jul 2011 | 15 Years 3 Months | Current |
| Bipin Amritlal Shah | Director | 16 Jan 2012 | 14 Years 9 Months | Current |
| Rekha Bipin Shah Also directs: Kovair Software Private Limited | Additional Director | 17 Jan 2020 | 6 Years 9 Months | Current |
Peer Comparison of Kovair IT Services Private Limited
Kovair IT Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pavna E-Systems & Electronics Private Limited | ₹54.71 Lakh (FY 2019) | •••• | •••• | 4.0% | •••• | Aligarh, Uttar Pradesh, India |
| Abhiyatri Mudran Private Limited | ₹54.71 Lakh (FY 2025) | •••• | •••• | -59.0% | •••• | Guwahati, Assam, India |
| Vade Labs Private Limited | ₹54.66 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Alnitak Technologies Private Limited | ₹54.6 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Dartexon Consulting Services Private Limited | ₹54.58 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Chennai, Tamil Nadu, India |
| Kovair IT Services Private Limited this company | ₹54.55 Lakh (FY 2023) | •••• | •••• | -31.0% | •••• | Kolkata, West Bengal, India |
| LBCD Technologies Private Limited | ₹54.5 Lakh (FY 2025) | •••• | •••• | 178.0% | •••• | Bangalore, Karnataka, India |
| Vishuddhi Network Solutions Private Limited | ₹54.47 Lakh (FY 2022) | •••• | •••• | 2520.0% | •••• | Chennai, Tamil Nadu, India |
| Theta Audio Private Limited | ₹54.45 Lakh (FY 2024) | •••• | •••• | 75.0% | •••• | Mumbai, Maharashtra, India |
| Infiniti Codes Private Limited | ₹54.44 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Chennai, Tamil Nadu, India |
| Prompt Info-Tech Pvt Ltd | ₹54.32 Lakh (FY 2025) | •••• | •••• | 115.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Kovair IT Services by revenue in the Information Technology industry (Application Development, IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kovair IT Services Private Limited
Kovair IT Services Private Limited is audited by D NAG & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D NAG & CO | 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.
Ownership and Shareholding of Kovair IT Services 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 Kovair IT Services Private Limited
Kovair IT Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Kovair IT Services Private Limited
Employment history and EPFO contributions of people linked to Kovair IT Services.
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.
Recent Activity on Kovair IT Services Private Limited
Kovair IT Services Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Rekha Bipin Shah was appointed as Additional Director on 17 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts for Kovair IT Services 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 Kovair IT Services 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 Kovair IT Services 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.
GST Compliance of Kovair IT Services Private Limited
Kovair IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAJCS0868C1Z8 | West Bengal | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Kovair IT Services 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.
Related news about Kovair IT Services Private Limited
Frequently Asked Questions about Kovair IT Services Private Limited
Kovair IT Services is an active private limited company based in Kolkata, West Bengal, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 February 2005 (21+ years old) and is registered under CIN U72100WB2005PTC101601.
Kovair IT Services reported revenue of ₹54.55 Lakh for FY 2023 (down 31% YoY).
Kovair IT Services has 3 current directors:
- Shibaji Gupta - Director
- Bipin Amritlal Shah - Director
- Rekha Bipin Shah - Additional Director
Kovair IT Services reported a net profit of ₹3.88 Lakh (net margin 7.1%) and EBITDA of ₹5.51 Lakh (EBITDA margin 10.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kovair IT Services is -11% over three years and -17% over five years. In the latest year (FY 2023) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kovair IT Services is 19AAJCS0868C1Z8, registered in West Bengal.
The CIN (Corporate Identification Number) of Kovair IT Services is U72100WB2005PTC101601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kovair IT Services was incorporated on 09 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Kovair IT Services by revenue are Pavna E-Systems & Electronics Private Limited, Abhiyatri Mudran Private Limited, Vade Labs Private Limited, Alnitak Technologies Private Limited, Dartexon Consulting Services Private Limited and 5 more, all in the Information Technology industry (Application Development, IT Products Retail and Distribution).
Rekha Bipin Shah was appointed as Additional Director on 17 Jan 2020. Subhabrata Sinha ceased to be Director on 20 Jan 2012. Bipin Amritlal Shah was appointed as Director on 16 Jan 2012. Kovair IT Services has 6 board changes on record in total.
Kovair IT Services can be reached through the website kovair.com. Its registered office is in Kolkata, West Bengal, India.