- Udyam number
- UDYAM-UP-28-0028729

About Solulever India Private Limited
Data last updated:
Solulever India Private Limited is a foreign private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Solulever B.V. Netherland. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2019FTC121353. Its GSTIN is 09ABCCS6499P1Z8 (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arun Rahul Garg and Ashish Garg.
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 1st Floor Plot No. 7 Ihdp Business Park Sector 127, Noida, Uttar Pradesh, India – 201304.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.89 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹57.87 Lakh (net margin 4.9%) and EBITDA of ₹1.01 Cr (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years.
The company has about 45 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Solulever India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0028729). For more details, the company can be reached via its website solulever.com.
Company details
Recognitions & Rankings of Solulever India
Contact details
Solulever India Private Limited's registered office is in Noida, Uttar Pradesh. Its website is solulever.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Plot No. 7 Ihdp Business Park Sector 127, Noida, Uttar Pradesh, India – 201304
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Solulever 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
Business activity
The main business activity of Solulever 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 Solulever India Private Limited, buy the company report.
Financials of Solulever India Private Limited
FY 2024 filings availableSolulever India Private Limited reported revenue of ₹11.89 Cr (up 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over three years, including 46% growth in the latest year. EBITDA rose 16% 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 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 | ₹1.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹57.87 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.5% | ||||
| Net Profit Margin | 4.9% | ||||
| 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 Solulever India Private Limited, buy the company report.
Board of directors of Solulever India Private Limited
Solulever India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Rahul Garg Also directs: Circleb India Private Limited | Director | 18 Sep 2019 | 7 Years 1 Months | Current |
| Ashish Garg | Director | 24 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Solulever India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Veracity Systems Surveillance Private Limited | ₹11.93 Cr (FY 2024) | 45.0% | Delhi, India | |||
| Relate Infotech Private Limited | ₹11.92 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Ie3 Innovations Private Limited | ₹11.92 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Jupiter Software & Systems Private Limited | ₹11.92 Cr (FY 2025) | -3.0% | Jamshedpur, Jharkhand, India | |||
| FNLK Development Private Limited | ₹11.9 Cr (FY 2025) | 19.0% | Bangalore, Karnataka, India | |||
| Solulever India Private Limitedthis company | ₹11.89 Cr (FY 2024) | ₹57.87 Lakh | 4.9% | 46.0% | 45 | Noida, Uttar Pradesh, India |
| Startech Software Private Limited | ₹11.89 Cr (FY 2025) | 28.0% | Bhopal, Madhya Pradesh, India | |||
| Confianz Information Technologies Private Limited | ₹11.89 Cr (FY 2024) | 51.0% | Thiruvananthapuram, Kerala, India | |||
| Elegant Business Solutions Private Limited | ₹11.89 Cr (FY 2024) | -26.0% | New Delhi, Delhi, India | |||
| Perscitus Solutions Private Limited | ₹11.87 Cr (FY 2025) | 27.0% | Pune, Maharashtra, India | |||
| Qurhealth Solutions India Private Limited | ₹11.84 Cr (FY 2024) | -23.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Solulever India Private Limited, buy the company report.
Auditor
Solulever India Private Limited is audited by S R KAPUR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R KAPUR & CO | FY 2023 | 001074N |
Shareholding
The shareholding of Solulever India Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Solulever India Private Limited, buy the company report.
Legal cases
Solulever India Private Limited has 1 court case on record: 1 filed by Solulever India. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against an individual | Pending |
To see the full case history of Solulever India 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 Solulever India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solulever India Private Limited has a workforce of 45 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Solulever India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09ABCCS6499P1Z8 | Uttar Pradesh | Active | 27 Dec 2019 |
To see the full GST registrations and return filing status of Solulever India Private Limited, buy the company report.
Recent activity
Solulever India Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Jitesh Kohli ceased to be Director on 20 Jul 2023.
Frequently asked questions
Solulever India is an active foreign private limited company based in Noida, Uttar Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 September 2019 (7+ years old) and is registered under CIN U72900UP2019FTC121353.
Solulever India has 2 current directors:
- Arun Rahul Garg - Director
- Ashish Garg - Director
The latest financial statements of Solulever India 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 2020 are in the company report.
The GSTIN of Solulever India is 09ABCCS6499P1Z8, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Solulever India is U72900UP2019FTC121353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solulever India has 1 court case on record: 1 filed by the company. 1 is pending.
Solulever India was incorporated on 18 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Solulever India by revenue are Veracity Systems Surveillance Private Limited, Relate Infotech Private Limited, Ie3 Innovations Private Limited, Jupiter Software & Systems Private Limited, FNLK Development Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Jitesh Kohli ceased to be Director on 20 Jul 2023. Ashish Garg ceased to be Additional Director on 30 Sep 2022. Ashish Garg was appointed as Director on 24 Sep 2022. Solulever India has 6 board changes on record in total.
Yes, Solulever India is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0028729).
Solulever India can be reached through the website solulever.com. Its registered office is in Noida, Uttar Pradesh, India.