Elsolve IT Private Limited

Elsolve IT Private Limited - information technology in Vadodara, Gujarat, India. Directors, charges & compliance details.
CIN U72900GJ2022PTC137430 Incorporated 14 December 2022 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹42,900
Latest filing
Net loss · FY 2024
₹93,600
Net margin -218.2%
EBITDA · FY 2024
-₹93,600
EBITDA margin -218.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1,000
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Elsolve IT Private Limited

Data last updated:

Elsolve IT Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 14 December 2022.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2022PTC137430.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1,000. It is led by directors Kartik Agrawal and Ketanben Shaishav Patel.

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 B – 14 Vrund Complex Akota, Vadodara, Gujarat, India – 390020.

As per the financials filed for FY 2024, the company reported a revenue of ₹42,900. For the same year it recorded a net loss of ₹93,600 (net margin -218.2%) and EBITDA of -₹93,600 (EBITDA margin -218.2%).

The company is associated with 1 brand: ElSolve IT Solutions.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900GJ2022PTC137430
Registration Number 137430
Incorporation Date 14 December 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Elsolve IT Private Limited's registered office is in Vadodara, Gujarat.

  • Registered Address
    B – 14 Vrund Complex Akota, Vadodara, Gujarat, India – 390020
  • Industry
    Information Technology, Other Computer Related Activities
Comprehensive company report
Elsolve IT Private Limited - one report that includes everything
  • 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
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Brands

Elsolve IT operates one associated brand: ElSolve IT Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Provides IT services like software development, SEO, and staff augmentation for businesses.elsolveit.com

Business activity

The main business activity of Elsolve IT is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Elsolve IT Private Limited, buy the company report.

Financials of Elsolve IT Private Limited

FY 2025 filings available

Elsolve IT Private Limited reported revenue of ₹42,900 for FY 2024.

Revenue · FY 2024
₹42,900
Net loss · FY 2024
₹93,600 margin -218.2%
EBITDA · FY 2024
-₹93,600 margin -218.2%

Financial Statement Summary

MetricsFY 2023-24FY 2022-23
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-₹93,600
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹93,600
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

MetricsFY 2023-24FY 2022-23
Profitability
EBITDA Margin-218.2%
Net Profit Margin-218.2%
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

To see the full financial statements and ratios of Elsolve IT Private Limited, buy the company report.

Board of directors of Elsolve IT Private Limited

Elsolve IT has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Kartik AgrawalDirector14 Dec 20223 Years 10 MonthsCurrent
Ketanben Shaishav PatelDirector14 Dec 20223 Years 10 MonthsCurrent

Peer comparison

Elsolve IT Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Greet Labs Private Limited₹45,000 (FY 2019)-72.0%Bangalore, Karnataka, India
Getset Code Developers Private Limited₹45,000 (FY 2016)Dehradun, Uttarakhand, India
E Marcon Media Private Limited₹44,100 (FY 2025)12.0%Jaipur, Rajasthan, India
Rashmi Infotech Private Limited₹44,019 (FY 2016)-44.0%Mumbai, Maharashtra, India
Engineerix Telesoft Private Limited₹42,906 (FY 2025)-65.0%Kolkata, West Bengal, India
Elsolve IT Private Limitedthis company₹42,900 (FY 2024)-₹93,600-218.2%Vadodara, Gujarat, India
Future Vincom Private Limited₹42,587 (FY 2017)-30.0%Kolkata, West Bengal, India
Iguru Ventures Private Limited₹42,517 (FY 2019)183.0%Mumbai, Maharashtra, India
Lithium Infotech India Private Limited₹42,450 (FY 2021)97.0%Pune, Maharashtra, India
At Data Process Private Limited₹42,308 (FY 2021)-99.0%New Delhi, Delhi, India
Sharvshring Private Limited₹41,389 (FY 2024)10.0%Bhagalpur, Bihar, India

To see the full peer comparison of Elsolve IT Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Elsolve IT Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Elsolve IT Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Elsolve IT Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Kartik Agrawal was appointed as Director on 14 Dec 2022.

AGM
Elsolve It Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elsolve It Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Kartik Agrawal was appointed as Director.
Appointed
Ketanben Shaishav Patel was appointed as Director.
Incorporation
14 Dec 2022
Elsolve It Private Limited was registered on 14 Dec 2022 with Roc Ahmedabad & aged 3 years 10 months as per MCA records.

Frequently asked questions

Elsolve IT is an active private limited company based in Vadodara, Gujarat, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 14 December 2022 (4+ years old) and is registered under CIN U72900GJ2022PTC137430.

Elsolve IT has 2 current directors:

The latest financial statements of Elsolve IT 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 2023 are in the company report.

The CIN (Corporate Identification Number) of Elsolve IT is U72900GJ2022PTC137430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Elsolve IT was incorporated on 14 December 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Elsolve IT by revenue are Greet Labs Private Limited, Getset Code Developers Private Limited, E Marcon Media Private Limited, Rashmi Infotech Private Limited, Engineerix Telesoft Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).

Kartik Agrawal was appointed as Director on 14 Dec 2022. Ketanben Shaishav Patel was appointed as Director on 14 Dec 2022.

The registered office of Elsolve IT is at B – 14 Vrund Complex Akota, Vadodara, Gujarat, India – 390020.

Elsolve IT operates in the information technology industry, in the other computer related activities segment.

The compliance status of Elsolve IT is compliant as of 06 August 2026. The company is actively filing with the Registrar of Companies.

Elsolve IT has 1 associated brand: Elsolve It Solutions.