About Solfice Research India Private Limited
Data last updated:
Solfice Research India Private Limited was a foreign private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Solfice Research Inc., Usa. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 02 May 2017.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2017FTC116897. Its GSTIN is 36AAYCS6048M1ZC (Telangana).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Kolla Venkata Ramana and Sriram Ranganathan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Plot #42 Jayabheri Enclave II Gachibowli, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.55 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹5.44 Lakh (net margin -1.5%) and EBITDA of ₹23.99 Lakh (EBITDA margin 6.7%).
The company was associated with 1 brand: Civil Maps.
The last known website on record is civilmaps.com.
Company details
Contact details
Solfice Research India Private Limited's registered office is in Hyderabad, Telangana. Its website is civilmaps.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot #42 Jayabheri Enclave II Gachibowli, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Solfice Research India Private Limited, buy the company report.
- 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
Brands
Solfice Research India operates one associated brand: Civil Maps. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Spatial data is collected and analyzed for autonomous vehicle mapping. | civilmaps.com |
Business activity
The main business activity of Solfice Research India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Solfice Research India Private Limited, buy the company report.
Financials of Solfice Research India Private Limited
FY 2023 filings availableSolfice Research India Private Limited reported revenue of ₹3.55 Cr (down 18% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year. EBITDA fell 66% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹3.55 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
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| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹23.99 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5.44 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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| Trade Payables | |||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.7% | ||
| Net Profit Margin | -1.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Solfice Research India Private Limited, buy the company report.
Board of directors of Solfice Research India Private Limited
Solfice Research India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kolla Venkata Ramana Also directs: Vibha Farms and Projects Private Limited | Director | 02 May 2017 | 9 Years 6 Months | As last reported |
| Sriram Ranganathan | Director | 19 Oct 2022 | 4 Years 0 Months | As last reported |
Auditor
Solfice Research India Private Limited is audited by D R T A & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D R T A & ASSOCIATES | FY 2018 | 015009S |
Shareholding
The shareholding of Solfice Research India Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Solfice Research India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Solfice Research India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solfice Research India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solfice Research India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAYCS6048M1ZC | Telangana | Active | 07 Aug 2017 |
To see the full GST registrations and return filing status of Solfice Research India Private Limited, buy the company report.
Recent activity
Solfice Research India Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Sriram Ranganathan ceased to be Additional Director on 29 Sep 2023.
News
Frequently asked questions
Solfice Research India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Solfice Research India was a foreign private limited company based in Hyderabad, Telangana, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 02 May 2017 and is registered under CIN U72900TG2017FTC116897. The company has been struck off by the Registrar of Companies and is no longer operational.
Solfice Research India had 2 directors:
- Kolla Venkata Ramana - Director
- Sriram Ranganathan - Director
The CIN (Corporate Identification Number) of Solfice Research India is U72900TG2017FTC116897. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Solfice Research India is at Plot #42 Jayabheri Enclave II Gachibowli, Hyderabad, Telangana, India – 500032.
Solfice Research India was incorporated on 02 May 2017. It is registered with the Registrar of Companies, Hyderabad.
Solfice Research India can be reached through the website civilmaps.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Solfice Research India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Solfice Research India is 36AAYCS6048M1ZC, registered in Telangana.
Solfice Research India operated in the information technology industry, in the software development and support services segment. It worked in this industry before it was struck off.
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