Coveda Software Systems Private Limited - Due diligence report

A 360° intelligence report on Coveda Software Systems Private Limited: trust score, financial health, credit view, compliance, directors, gr…

2004-09-14 New Delhi, Delhi Converted To Llp Unlisted
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CS Coveda Software Systems Private Limited
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Coveda Software Systems Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
56/100
Trust Score
Moderate

Coveda Software Systems Private Limited is assessed as Moderate with a Trust Score of 56/100. Coveda Software Systems Private Limited is a private limited indian non-government company incorporated in 2004, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.

Report generated on 07 Jul 2026 from the latest processed filings. Coveda Software Systems Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Good

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
56/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
30/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
90/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
25/100
No active directors on record.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
45/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 2 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 60/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 30/100 Caution Indicated
  • Company status is "Converted To Llp" - not Active.
  • Last balance sheet is for Mar 2018 - filings overdue.
05

Director Intelligence

Stability score: 25/100
No active directors on record.
06

Ownership & Group Intelligence

As per FY 2018 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
0 allotment(s) · 1 transfer(s)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 45
Growth signals & trust indicators
Revenue acceleration: +38% over 1 year(s).
Latest year revenue grew 1.42.
Profit expanded 2.1x year-on-year.
Asset base grew 24% - capacity expansion.
Net margin improved to 0.86.
Operating for 21+ years.
Distress signals & risk flags
Outside liabilities up 61% in a year.
Statutory filings appear overdue.
Adverse company status: Converted To Llp.
Compliance score is weak (30/100).
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence42/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment62/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view84/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 5 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 10 events
01 Jul 2018
Director ceased
SHARMISTHA ROY CHOUDHARY
01 May 2018
Last AGM held
Annual general meeting
31 Mar 2018
Share transfer (FY 2018)
5000.00000000 shares to ROY SHRIRUP
Latest balance sheet
Filed with ROC
29 Sep 2017
Director ceased
SHRIRUP ROY CHOUDHARY
29 Aug 2017
Director ceased
SHIV ANAND KRISHNAN
30 Aug 2013
Director ceased
SOMA SINHA
12 Jan 2009
Director ceased
KULTAR SINGH NAT
Director ceased
JASPREET TAKHAR
14 Sep 2004
Incorporated
Registered with Roc Delhi
10

Key Observations

Auto-generated from the data above
Revenue grew 38% over the last 1 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Net worth is positive.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Arethos Softech Private Limited U72900CH2012PTC034192 Chandigarh, Chandigarh, India
Idv Technology U72200DL2013PTC253098 Delhi, Delhi, India
Science U72200KA2015FTC082006 Bangalore, Karnataka, India
Patronsys India Private Limited U72200TG2008PTC057991 Hyderabad, Telangana, India
Sunlife Consulting Private Limited U74140MH2006PTC162796 Mumbai, Maharashtra, India
Jai Creative Software Solutions Private Limited U72900TN2007PTC063480 Tirunelveli, Tamil Nadu, India
Shastha Systems And Solutions Private Limited U72200KA2013PTC068764 Bangalore, Karnataka, India
Krishna Online Support (Opc) Private Limited U74999UP2016OPC082793 Noida, Uttar Pradesh, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Coveda Software Systems Private Limited before audits and certifications: compliance score 30/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Coveda Software Systems Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Coveda Software Systems Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 56/100, distress signals and MSME payment-delay disclosures - know whether Coveda Software Systems Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Coveda Software Systems Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Coveda Software Systems Private Limited an active company?

Coveda Software Systems Private Limited has MCA status “Converted To Llp” with a compliance score of 30/100 (Caution Indicated).

Is Coveda Software Systems Private Limited financially healthy?

Coveda Software Systems Private Limited has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.

Should I do business with Coveda Software Systems Private Limited?

Its overall Trust Score is 56/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Coveda Software Systems Private Limited?

See the directors and ownership sections above for board and shareholding detail.

Does Coveda Software Systems Private Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Coveda Software Systems Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2018 - filings overdue. Overall compliance score: 30/100 (Caution Indicated).

Is it risky to lend to Coveda Software Systems Private Limited?

Its Credit Risk Score is 60/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.