About Snic Solutions Private Limited
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Snic Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC125386. Its GSTIN is 29ABCCS2383Q1ZL (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹21 Lakh. It is led by directors including Nikhil Kumar Joshi and Shraddha Nikhil Joshi.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.8 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹31.14 Lakh (net margin -8.2%) and EBITDA of -₹16.77 Lakh (EBITDA margin -4.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SNic Solutions.
For more details, the company can be reached via its website snicsolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#5 10th Cross Road Hampi Nagar, Railway Line Pipeline Extension R.P.C. Layout, Bangalore, Karnataka, India – 560104
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Snic Solutions Private Limited
The main business activity of Snic Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Snic Solutions Private Limited FY 2025 filings available
Snic Solutions Private Limited reported revenue of ₹3.8 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Snic Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 1% growth 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 Snic 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 | -₹16.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹31.14 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 Snic Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Snic Solutions are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Snic Solutions Private Limited
Snic Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vector Online Training Private Limited | ₹3.81 Cr (FY 2023) | •••• | •••• | 1072.0% | •••• | Hyderabad, Telangana, India |
| Betacrew Solutions Private Limited | ₹3.8 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Mumbai, Maharashtra, India |
| Tech Udyam Solutions Private Limited | ₹3.8 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Delhi, India |
| Unityone Advisory Private Limited | ₹3.8 Cr (FY 2022) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| CPRS Analytics India Private Limited | ₹3.8 Cr (FY 2024) | •••• | •••• | 17635.0% | •••• | New Delhi, Delhi, India |
| Snic Solutions Private Limited this company | ₹3.8 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Anra Technologies Private Limited | ₹3.79 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Noida, Uttar Pradesh, India |
| Krea Eknowledge Private Limited | ₹3.79 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | Chennai, Tamil Nadu, India |
| Salecto India Private Limited | ₹3.79 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| Try Cubic Solutions Private Limited | ₹3.78 Cr (FY 2023) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Summit Paycom Private Limited | ₹3.78 Cr (FY 2025) | •••• | •••• | 1220377.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Snic Solutions by revenue in the same principal business activity (Other information & communication service activities), 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 Snic Solutions Private Limited
Snic Solutions Private Limited is audited by CHITRA BATCHU & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHITRA BATCHU & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Snic Solutions Private Limited
Snic Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Kumar Joshi | Director | 19 Jun 2019 | 7 Years 3 Months | Current |
| Shraddha Nikhil Joshi | Director | 19 Jun 2019 | 7 Years 3 Months | Current |
| Rajanna Venkatagiri | Director | 28 Jul 2022 | 4 Years 2 Months | Current |
Ownership and Shareholding of Snic Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Snic Solutions Private Limited
Snic Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Snic Solutions Private Limited
Snic Solutions operates one associated brand: SNic Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers software implementations for manufacturing operations and process optimization. | snicsolutions.com |
Employees and EPFO Compliance at Snic Solutions Private Limited
Snic Solutions Private Limited has a workforce of 31 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Snic Solutions Private Limited
Snic Solutions Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Rajanna Venkatagiri ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Snic Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Snic Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Snic Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Snic Solutions Private Limited
Snic Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABCCS2383Q1ZL | Karnataka | Active | 29 Nov 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Snic Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Snic Solutions Private Limited
Frequently Asked Questions about Snic Solutions Private Limited
Snic Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 June 2019 (7+ years old) and is registered under CIN U72900KA2019PTC125386.
Snic Solutions reported revenue of ₹3.8 Cr for FY 2024 (up 1% YoY).
Snic Solutions has 3 current directors:
- Nikhil Kumar Joshi - Director
- Shraddha Nikhil Joshi - Director
- Rajanna Venkatagiri - Director
Snic Solutions reported a net loss of ₹31.14 Lakh (net margin -8.2%) and EBITDA of -₹16.77 Lakh (EBITDA margin -4.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Snic Solutions is 15% over three years. In the latest year (FY 2024) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Snic Solutions is 29ABCCS2383Q1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Snic Solutions is U72900KA2019PTC125386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Snic Solutions was incorporated on 19 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Snic Solutions by revenue are Vector Online Training Private Limited, Betacrew Solutions Private Limited, Tech Udyam Solutions Private Limited, Unityone Advisory Private Limited, CPRS Analytics India Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Rajanna Venkatagiri ceased to be Additional Director on 30 Sep 2022. Rajanna Venkatagiri was appointed as Director on 28 Jul 2022. Nikhil Kumar Joshi was appointed as Director on 19 Jun 2019. Snic Solutions has 4 board changes on record in total.
Snic Solutions can be reached through the website snicsolutions.com. Its registered office is in Bangalore, Karnataka, India.