Covalense Technologies Private Limited - Company overview

Registered with ROC Hyderabad on 17 March 2006, Covalense is an active private limited company that has been around for about 20 years.

2006-03-17 Hyderabad, Telangana Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50–100 Cr
▲ 16.2%
FY 2023
PROFIT / LOSS
₹1–5 Cr
▼ -42.9%
FY 2023
EBITDA
₹1–5 Cr
▼ -66.9%
FY 2023
NET WORTH
₹10–25 Cr
▲ 15.1%
FY 2023
TOTAL ASSETS
₹10–25 Cr
▼ -2.3%
FY 2023
EMPLOYEE COUNT
381–390
OPEN CHARGES
2
7.56 cr
PAID-UP CAPITAL
3.71 cr
AUTHORISED CAPITAL
5.50 cr
COMPANY AGE
20 Years 7 Months
since 2006-03-17
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
3
Updated: 2024-07-06 20:28:13
TOTAL MONEY RAISED
₹1–5 Cr
SATISFIED CHARGES
2
9.69 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Covalense covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
93/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (88), financial health (95), director (95) and company-foundation signals.
  • Operating for 20+ years.
Compliance Score Low risk
88/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
95/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Covalense Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Hyderabad on 17 March 2006, Covalense is an active private limited company that has been around for about 20 years. Its registered office is in Hyderabad, Telangana.

Its filings describe the main line of business as computer programming, consultancy and related activities, which made up 100% of turnover.

It has two directors: Krishna Kumari Venkata Gopal Peesapati and Venkata Satyanarayana Peesapati. Venkata Satyanarayana Peesapati is the managing director. Three former directors are on record; the most recent to leave was Arunashree Anjana in November 2019. The same directors also sit on the board of Intellitide Technologies India Private Limited.

Paid-up capital stands at ₹3.71 crore out of ₹5.5 crore authorised. The last AGM on record was on 30 September 2025, for accounts made up to 31 March 2025. Two charges (secured loans) are still open, with Hdfc Bank Limited among the lenders, and two more have been paid off.

Information Technology ••••••••
  • Location Unit A, 5Th Floor, Kapil Towers, It Park, Financial District, Nanakramguda, Gachib, Hyderabad, Telangana - 500032
  • Website covalenseglobal.com
LinkedIn Facebook Twitter
Legal NameCovalense Technologies Private Limited
CIN / LLPINU72200TG2006PTC049522
Company No.049522
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2006-03-17
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Hyderabad
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Covalense (2) Current board members from MCA filings, including designation and appointment details.

K
Krishna Kumari Venkata Gopal Peesapati
Whole-time director | Since 2006-08-18 | DIN: 02526298
V
Venkata Satyanarayana Peesapati
Managing Director | Since 2006-03-17 | DIN: 00200121

Financial Performance of Covalense Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹50–100 Cr ▲ 16.2%
P&L ₹1–5 Cr ▼ -42.9%
EBITDA ₹1–5 Cr ▼ -66.9%
Net worth ₹10–25 Cr ▲ 15.1%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Covalense Open and satisfied charges registered against the company with MCA.

Hdfc Bank Limited : 18.85 cr
Others : 9.34 cr
Citi Bank N.A. : 35.00 Lakh
Open Charges: 2 Satisfied Charges: 2
Open 7.56 cr
Satisfied 9.69 cr
LenderAmountStatus
Hdfc Bank Limited
Creation Date: 28 Oct 2022
 18.74 cr Open
Hdfc Bank Limited
Creation Date: 31 May 2022
 10.78 Lakh Open
Others
Creation Date: 27 Apr 2017
 9.34 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationComputer programming, consultancy and related activities100

Companies With Common Directors Of Covalense Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Intellitide Technologies India Private Limited 2 Shared Directors

Financial Ratios of Covalense Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

8 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Covalense Ownership and contribution detail from filings. Full breakdown unlocks with your report.

7 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Covalense EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Covalense GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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MSME Payment Delays by Covalense MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Covalense Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Covalense Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Covalense?
MCA does not publish an "owner" field. Covalense is run by its directors, Krishna Kumari Venkata Gopal Peesapati and Venkata Satyanarayana Peesapati, with Venkata Satyanarayana Peesapati as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Covalense?
Covalense has two current directors: Krishna Kumari Venkata Gopal Peesapati (since August 2006) and Venkata Satyanarayana Peesapati (since March 2006). Venkata Satyanarayana Peesapati is the managing director.
What is CIN of Covalense?
The CIN of Covalense is U72200TG2006PTC049522. Reading it left to right: U means it is not listed, 72200 is the industry code it registered under, TG is Telangana, 2006 is the year it was registered, PTC is the company type and 049522 is its registration number.
When was Covalense incorporated?
Covalense was incorporated on 17 March 2006 with ROC Hyderabad. That makes it about 20 years old.
What is the registered address of Covalense?
The registered office on MCA records is Unit A, 5Th Floor, Kapil Towers, It Park, Financial District, Nanakramguda, Gachib, Hyderabad, Telangana - 500032.
What is the current status of Covalense?
MCA shows Covalense as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Covalense?
You can post to its registered office at Unit A, 5Th Floor, Kapil Towers, It Park, Financial District, Nanakramguda, Gachib, Hyderabad, Telangana - 500032 and use its website, https://covalenseglobal.com.
What industry or business activity is Covalense associated with?
Its MCA filings list the main business as computer programming, consultancy and related activities (100% of turnover).
What is paid-up capital and authorised share capital of Covalense?
Paid-up capital is ₹3.71 crore and authorised capital is ₹5.5 crore, so about 67% of the authorised amount has been issued.
When did Covalense last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Covalense?
Two charges against Covalense are still open and two have been satisfied. Lenders named in the filings include Hdfc Bank Limited and Citi Bank N.A..
Have any directors left Covalense?
Yes, three former directors are on record. The most recent to leave were Arunashree Anjana (November 2019), Sreenivas Venkata Satya Peesapati (November 2019) and Srinivas Patri (April 2019).
Which companies share directors with Covalense?
Intellitide Technologies India Private Limited shares at least one director with Covalense.
What is the turnover or revenue of Covalense?
Based on filed financial statements, the revenue of Covalense for FY 2023 was in the ₹50–100 Cr range. That is up 16.2% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Covalense?
For FY 2023, the net worth of Covalense was in the ₹10–25 Cr range.
How can I get the financial details of Covalense?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Covalense?
The website on record for Covalense is https://covalenseglobal.com.
Which company owns covalenseglobal.com?
covalenseglobal.com is the website listed for Covalense Technologies Private Limited in its company records.
Covalense - is it listed or unlisted?
Covalense is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Covalense?
Covalense is registered with ROC Hyderabad.
What is the company classification of Covalense?
MCA classifies Covalense as: Private Limited Indian Non-Government Company.
Does Covalense have GST registrations on file?
Yes, 3 active GST registrations are linked to Covalense, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.