MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0007323
Solicon Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹11.12 Cr
▲ 18% YoY
Net profit · FY 2023
₹3.4 Lakh
Net margin 0.3%
EBITDA · FY 2023
₹20.95 Lakh
EBITDA margin 1.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered
About Solicon Private Limited
Data last updated:
Solicon Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 12 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2015PTC286326. Its GSTIN is 07AAWCS2668B1Z0 (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Veena Pal and Ashutosh Pal.
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 Office No. T – 1 Pankaj Central Market At L S C Mandawali Fazalpur I.P. Extn, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.12 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹3.4 Lakh (net margin 0.3%) and EBITDA of ₹20.95 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 13% over five years.
The company is associated with 1 brand: Solicon. Court records list 8 cases involving the company, including 8 filed against it; 4 cases are pending.
Solicon Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0007323). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solicon.co.in.
Company details
CIN U72900DL2015PTC286326
Registration Number 286326
Incorporation Date 12 October 2015
ROC Delhi
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 Small
Udyam Registration UDYAM-DL-08-0007323
Recognitions & Rankings of Solicon
Contact details
Solicon Private Limited's registered office is in New Delhi, Delhi. Its website is solicon.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. T – 1 Pankaj Central Market At L S C Mandawali Fazalpur I.P. Extn, New Delhi, Delhi, India – 110092
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Solicon Private Limited, buy the company report.
Comprehensive company report
Solicon 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Solicon operates one associated brand: Solicon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive cloud, DevOps, managed, and IT consulting services. | solicon.co.in |
Business activity
The main business activities of Solicon are information and communication and trade. In detail, this covers computer programming, consultancy and related activities and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Solicon Private Limited, buy the company report.
Financials of Solicon Private Limited
FY 2024 filings availableSolicon Private Limited reported revenue of ₹11.12 Cr (up 18% YoY) for FY 2023.
Revenue · FY 2023
₹11.12 Cr ▲ 18%
Net profit · FY 2023
₹3.4 Lakh margin 0.3%
EBITDA · FY 2023
₹20.95 Lakh margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 46%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 76%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 18% growth in the latest year. EBITDA rose 15% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.4 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Solicon Private Limited, buy the company report.
Board of directors of Solicon Private Limited
Solicon has 3 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 |
|---|---|---|---|---|
| Veena Pal | Director | 12 Oct 2015 | 11 Years 0 Months | Current |
| Ashutosh Pal Also directs: Solicon IT Services Private Limited | Director | 12 Oct 2015 | 11 Years 0 Months | Current |
| Mewa Lal Pal Also directs: Solicon IT Services Private Limited | Director | 12 Oct 2015 | 11 Years 0 Months | Current |
Peer comparison
Solicon Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mayo Ite Private Limited | ₹11.15 Cr (FY 2025) | 14.0% | Bangalore, Karnataka, India | |||
| Kramer Research and Development India Private Limited | ₹11.14 Cr (FY 2024) | -1.0% | Noida, Uttar Pradesh, India | |||
| Splisys IT Consulting Private Limited | ₹11.13 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Landmark Systems and Solutions Private Limited | ₹11.13 Cr (FY 2025) | 10.0% | Navi Mumbai, Maharashtra, India | |||
| Solicon Private Limitedthis company | ₹11.12 Cr (FY 2023) | ₹3.4 Lakh | 0.3% | 18.0% | New Delhi, Delhi, India | |
| Newel Technologies Private Limited | ₹11.12 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Kunamneni Technologies Private Limited | ₹11.11 Cr (FY 2025) | -21.0% | Bengaluru, Karnataka, India | |||
| Fluid Touch Private Limited | ₹11.1 Cr (FY 2024) | -3.0% | Hyderabad, Telangana, India | |||
| Crystal Delta Solutions Private Limited | ₹11.1 Cr (FY 2025) | 25.0% | Chennai, Tamil Nadu, India | |||
| Dxfactor Solutions Private Limited | ₹11.1 Cr (FY 2024) | 20.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Solicon Private Limited, buy the company report.
Auditor
Solicon Private Limited is audited by P K V & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K V & CO. | FY 2023 | 028512N |
Shareholding
The shareholding of Solicon Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solicon Private Limited, buy the company report.
Legal cases
Solicon Private Limited has 8 court cases on record: 8 filed against it. 4 cases are pending and 4 are disposed.
Total cases
8
Filed against the company
8
Pending
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 4 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Unity Small Finance Bank Limited | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed against the company by Idfc First Bank Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Pvt Ltd | Disposed |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by M/S. Znet Technologies Pvt. Ltd. | Disposed |
To see the full case history of Solicon Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solicon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solicon has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAWCS2668B1Z0 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solicon Private Limited, buy the company report.
Recent activity
Solicon Private Limited has 5 board changes on record since 2015: 3 appointments and 2 cessations. The latest: Manish Jain ceased to be Director on 30 Mar 2019.
AGM
Solicon Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Solicon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Manish Jain ceased to be Director.
Ceased
Urvashi Jain ceased to be Additional Director.
Appointed
Ashutosh Pal was appointed as Director.
Appointed
Mewa Lal Pal was appointed as Director.
Appointed
Veena Pal was appointed as Director.
Incorporation
12 Oct 2015
Solicon Private Limited was registered on 12 Oct 2015 with Roc Delhi & aged 11 years 12 days as per MCA records.
Frequently asked questions
Solicon is an active private limited company based in New Delhi, Delhi, India. The company works in consultancy, within the information technology industry. It was incorporated on 12 October 2015 (11+ years old) and is registered under CIN U72900DL2015PTC286326.
Solicon has 3 current directors:
- Veena Pal - Director
- Ashutosh Pal - Director
- Mewa Lal Pal - Director
The latest financial statements of Solicon on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Solicon is 07AAWCS2668B1Z0, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Solicon is U72900DL2015PTC286326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solicon has 8 court cases on record: 8 filed against it. 4 are pending. Most are in the district courts.
Solicon was incorporated on 12 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Solicon by revenue are Mayo Ite Private Limited, Kramer Research and Development India Private Limited, Splisys IT Consulting Private Limited, Landmark Systems and Solutions Private Limited, Newel Technologies Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Manish Jain ceased to be Director on 30 Mar 2019. Urvashi Jain ceased to be Additional Director on 31 Aug 2018. Ashutosh Pal was appointed as Director on 12 Oct 2015. Solicon has 5 board changes on record in total.
Yes, Solicon is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0007323).
Solicon can be reached through the website solicon.co.in. Its registered office is in New Delhi, Delhi, India.