About Soverg Private Limited
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Soverg Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the social networking platforms segment of the internet and digital services sector. It was incorporated on 22 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC113337. Its GSTIN is 29ABACS3509C1ZM (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10,000. It is led by directors Goutham Narasimha Murthy Shankar and Neha Prakash Mutalik.
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 No 745 18th Main 1st Cross 6th Block Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.51 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹23.89 Lakh (net margin 9.5%) and EBITDA of ₹35.55 Lakh (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years.
For more details, the company can be reached via its website soverg.in.
Company details
Contact details
Soverg Private Limited's registered office is in Bangalore, Karnataka. Its website is soverg.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo 745 18th Main 1st Cross 6th Block Koramangala, Bangalore, Karnataka, India – 560095
- IndustryInternet, Social Networking Platforms
To see the full contact details of Soverg Private Limited, buy the company report.
- 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
Business activity
The main business activity of Soverg is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Soverg Private Limited, buy the company report.
Financials of Soverg Private Limited
FY 2025 filings availableSoverg Private Limited reported revenue of ₹2.51 Cr (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over three years, including 17% growth in the latest year. 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹35.55 Lakh | ||||
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| Net Profit (PAT) | ₹23.89 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 9.5% | ||||
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To see the full financial statements and ratios of Soverg Private Limited, buy the company report.
Board of directors of Soverg Private Limited
Soverg has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Goutham Narasimha Murthy Shankar Also directs: Editroom LLP, Creative Capture Private Limited, Artburt Lifespaces Private Limited and 1 more | Director | 22 May 2018 | 8 Years 5 Months | Current |
| Neha Prakash Mutalik | Director | 05 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Soverg Private Limited is compared with the 5 companies closest to it by revenue in the Ecommerce and Internet industry (Social Networking), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RP Cube Private Limited | ₹3.1 Cr (FY 2024) | 71.0% | Jhansi, Uttar Pradesh, India | |||
| Parijat Innovations Private Limited | ₹2.89 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Explurger Private Limited | ₹2.82 Cr (FY 2024) | 5037850.0% | Delhi, India | |||
| Soverg Private Limitedthis company | ₹2.51 Cr (FY 2024) | ₹23.89 Lakh | 9.5% | 17.0% | Bangalore, Karnataka, India | |
| Jasper Build-Tech Solutions Private Limited | ₹2.19 Cr (FY 2024) | 129006.0% | Mumbai, Maharashtra, India | |||
| Hyperworks Imaging Private Limited | ₹2.1 Cr (FY 2025) | 108.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Soverg Private Limited, buy the company report.
Auditor
Soverg Private Limited is audited by SUNDARARAJAN & HARISH for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNDARARAJAN & HARISH | FY 2019 | 004218S |
Shareholding
The shareholding of Soverg Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Soverg Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Soverg Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Soverg Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Soverg has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABACS3509C1ZM | Karnataka | Active | 11 Jun 2019 |
To see the full GST registrations and return filing status of Soverg Private Limited, buy the company report.
Recent activity
Soverg Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Neha Prakash Mutalik ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Soverg is an active private limited company based in Bangalore, Karnataka, India. The company works in social networking platforms, within the internet industry. It was incorporated on 22 May 2018 (8+ years old) and is registered under CIN U74999KA2018PTC113337.
Soverg has 2 current directors:
- Goutham Narasimha Murthy Shankar - Director
- Neha Prakash Mutalik - Director
The latest financial statements of Soverg 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 2019 are in the company report.
The GSTIN of Soverg is 29ABACS3509C1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Soverg is U74999KA2018PTC113337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Soverg was incorporated on 22 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Soverg by revenue are RP Cube Private Limited, Parijat Innovations Private Limited, Explurger Private Limited, Jasper Build-Tech Solutions Private Limited, Hyperworks Imaging Private Limited, all in the Ecommerce and Internet industry (Social Networking), with the same principal business activity (other information & communication service activities).
Neha Prakash Mutalik ceased to be Additional Director on 30 Nov 2021. Gururaj Padaki ceased to be Director on 05 Dec 2020. Neha Prakash Mutalik was appointed as Director on 05 Dec 2020. Soverg has 4 board changes on record in total.
Soverg can be reached through the website soverg.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Soverg is at No 745 18th Main 1st Cross 6th Block Koramangala, Bangalore, Karnataka, India – 560095.
Soverg operates in the internet industry, in the social networking platforms segment.