MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0045068
Dolace Solutions Private Limited - pharma in Patna, Bihar, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹17.48 Lakh
▼ 95% YoY
Net loss · FY 2024
₹34.02 Lakh
Net margin -194.6%
EBITDA · FY 2024
-₹33.32 Lakh
EBITDA margin -190.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Dolace Solutions Private Limited
Data last updated:
Dolace Solutions Private Limited is a private limited company based in Patna, Bihar, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 21 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U74999BR2017PTC033756. Its GSTIN is 27AAGCD0315E1Z7 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sandip Parasar and Sangeeta Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F.No. – 304 Maa Sharda Kunj New Patliputra Colony, Patna, Bihar, India – 800013.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.48 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹34.02 Lakh (net margin -194.6%) and EBITDA of -₹33.32 Lakh (EBITDA margin -190.7%). Revenue has declined at a compounded annual rate (CAGR) of 135% over three years and 19% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Dolace Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0045068). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dolacesolutions.com.
Company Details of Dolace Solutions Private Limited
CIN U74999BR2017PTC033756
Registration Number 033756
Incorporation Date 21 February 2017
ROC Patna
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0045068
Key People
Sandip Parasar Director Sangeeta Singh Director Recognitions & Rankings of Dolace Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressF.No. – 304 Maa Sharda Kunj New Patliputra Colony, Patna, Bihar, India – 800013
- IndustryPharma, Pharmaceutical Retailers & Distributors
Comprehensive company report
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Business Activity of Dolace Solutions Private Limited
The main business activity of Dolace Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Dolace Solutions Private Limited FY 2024 filings available
Dolace Solutions Private Limited reported revenue of ₹17.48 Lakh (down 95% YoY) for FY 2024.
Revenue · FY 2024
₹17.48 Lakh ▼ 95%
Net loss · FY 2024
₹34.02 Lakh margin -194.6%
EBITDA · FY 2024
-₹33.32 Lakh margin -190.7%
Compounded Annual Growth Rate (CAGR) of Dolace Solutions Private Limited
Revenue CAGR growth
1 year
▼ 95%
3 years · compounded
▲ 135%
5 years · compounded
▼ 19%
EBITDA CAGR growth
1 year
▼ 256%
3 years · compounded
▼ 355%
5 years · compounded
▼ 104%
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 95% fall in the latest year. EBITDA fell 256% 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 Dolace Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹33.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹34.02 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 Dolace Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -190.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -194.6% | •••• | •••• | •••• | •••• |
| 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 Dolace Solutions are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
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Board of Directors of Dolace Solutions Private Limited
Dolace Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandip Parasar Also directs: Singularity Mobility Private Limited, Dolace Benific Foundation | Director | 21 Feb 2017 | 9 Years 8 Months | Current |
| Sangeeta Singh Also directs: Singularity Mobility Private Limited, Dolace Benific Foundation | Director | 14 Jul 2023 | 3 Years 3 Months | Current |
Peer Comparison of Dolace Solutions Private Limited
Dolace Solutions Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband, Pharma 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 |
|---|---|---|---|---|---|---|
| Cosworth Biocare Private Limited | ₹17.54 Lakh (FY 2024) | •••• | •••• | -61.0% | •••• | Thane, Maharashtra, India |
| Nolen Lifesciences Private Limited | ₹17.53 Lakh (FY 2024) | •••• | •••• | -65.0% | •••• | Rajkot, Gujarat, India |
| Shri Bhagatji Pharma Private Limited | ₹17.49 Lakh (FY 2025) | •••• | •••• | •••• | Dadri, Uttar Pradesh, India | |
| Alzet Pharmaceuticals Private Limited | ₹17.48 Lakh (FY 2025) | •••• | •••• | 75.0% | •••• | Thane, Maharashtra, India |
| Ronsbotic Pharma India Private Limited | ₹17.48 Lakh (FY 2024) | •••• | •••• | •••• | Amravati, Maharashtra, India | |
| Dolace Solutions Private Limited this company | ₹17.48 Lakh (FY 2024) | •••• | •••• | -95.0% | •••• | Patna, Bihar, India |
| Medikunj Pharma Private Limited | ₹17.42 Lakh (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| TNC Sports Global Private Limited | ₹17.41 Lakh (FY 2024) | •••• | •••• | 6263.0% | •••• | Lucknow, Uttar Pradesh, India |
| Hygenics Healthcare Private Limited | ₹17.4 Lakh (FY 2025) | •••• | •••• | 32.0% | •••• | Saharanpur, Uttar Pradesh, India |
| Vaishali Agencies Pvt Ltd | ₹17.39 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Ahmedabad, Gujarat, India |
| Kesha Import Export Private Limited | ₹17.38 Lakh (FY 2025) | •••• | •••• | 42.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Dolace Solutions by revenue in the Telecom industry (Landline ISP and Broadband, Pharma 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 Dolace Solutions Private Limited
Dolace Solutions Private Limited is audited by NIRMAL & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIRMAL & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Dolace Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Dolace Solutions Private Limited
Dolace Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Dolace Solutions Private Limited
Dolace Solutions Private Limited has 1 court case on record: 1 filed by Dolace Solutions. All case is disposed. Status as checked on 03 Oct 2026.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Union of India Throhg Central Govtl Advocate | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Dolace Solutions Private Limited
Employment history and EPFO contributions of people linked to Dolace Solutions.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Dolace Solutions Private Limited
Dolace Solutions Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Megha Parasar ceased to be Director on 15 Jul 2023.
AGM
Dolace Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Dolace Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Patna.
Ceased
Megha Parasar ceased to be Director.
Appointed
Sangeeta Singh was appointed as Director.
Ceased
Sangeeta Singh ceased to be Director.
Appointed
Sandip Parasar was appointed as Director.
Incorporation
21 Feb 2017
Dolace Solutions Private Limited was registered on 21 Feb 2017 with Roc Patna & aged 9 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Dolace Solutions Private Limited
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MSME Payment Delays by Dolace Solutions Private Limited
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Subsidiaries & Group Companies of Dolace Solutions Private Limited
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GST Compliance of Dolace Solutions Private Limited
Dolace Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCD0315E1Z7 | Maharashtra | Active | 08 Nov 2017 |
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MCA Filings & Documents of Dolace Solutions Private Limited
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Frequently Asked Questions about Dolace Solutions Private Limited
Dolace Solutions is an active private limited company based in Patna, Bihar, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 21 February 2017 (9+ years old) and is registered under CIN U74999BR2017PTC033756.
Dolace Solutions reported revenue of ₹17.48 Lakh for FY 2024 (down 95% YoY).
Dolace Solutions has 2 current directors:
- Sandip Parasar - Director
- Sangeeta Singh - Director
Dolace Solutions reported a net loss of ₹34.02 Lakh (net margin -194.6%) and EBITDA of -₹33.32 Lakh (EBITDA margin -190.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dolace Solutions is 135% over three years and -19% over five years. In the latest year (FY 2024) revenue fell 95%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dolace Solutions is 27AAGCD0315E1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dolace Solutions is U74999BR2017PTC033756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dolace Solutions has 1 court case on record: 1 filed by the company.
Dolace Solutions was incorporated on 21 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Dolace Solutions by revenue are Cosworth Biocare Private Limited, Nolen Lifesciences Private Limited, Shri Bhagatji Pharma Private Limited, Alzet Pharmaceuticals Private Limited, Ronsbotic Pharma India Private Limited and 5 more, all in the Telecom industry (Landline ISP and Broadband, Pharma Retail and Distribution).
Megha Parasar ceased to be Director on 15 Jul 2023. Sangeeta Singh was appointed as Director on 14 Jul 2023. Sangeeta Singh ceased to be Director on 21 May 2019. Dolace Solutions has 4 board changes on record in total.