MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0112827
Solutions Genie Private Limited
Solutions Genie Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16,559
▼ 100% YoY
Net loss · FY 2025
₹1.69 Lakh
Latest filing
EBITDA · FY 2025
-₹36,198
EBITDA margin -218.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Solutions Genie Private Limited
Data last updated:
Solutions Genie Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2013PTC240293. Its GSTIN is 27AASCS6642K1ZL (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhavesh Narshi Verat and Kirit Narshi Verat.
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 02 Floor – 2nd Plot 113 Doctor House Bora Bazar Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹16,559, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.69 Lakh and EBITDA of -₹36,198 (EBITDA margin -218.6%). Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 74% over five years.
Solutions Genie Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0112827). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Solutions Genie Private Limited
CIN U74900MH2013PTC240293
Registration Number 240293
Incorporation Date 08 February 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0112827
Recognitions & Rankings of Solutions Genie
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address02 Floor – 2nd Plot 113 Doctor House Bora Bazar Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryInformation Technology, IT Consulting & Support Services
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Business Activity of Solutions Genie Private Limited
The main business activity of Solutions Genie is information and communication. In detail, this covers information service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities | Locked |
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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 Solutions Genie Private Limited FY 2025 filings available
Solutions Genie Private Limited reported revenue of ₹16,559 (down 100% YoY) for FY 2025.
Revenue · FY 2025
₹16,559 ▼ 100%
Net loss · FY 2025
₹1.69 Lakh
EBITDA · FY 2025
-₹36,198 margin -218.6%
Compounded Annual Growth Rate (CAGR) of Solutions Genie Private Limited
Revenue CAGR growth
3 years · compounded
▼ 89%
5 years · compounded
▼ 74%
EBITDA CAGR growth
1 year
▼ 110%
3 years · compounded
▼ 27%
5 years · compounded
▲ 55%
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years. EBITDA fell 110% 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 Solutions Genie Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹36,198 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.69 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 Solutions Genie Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -218.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Solutions Genie are in the company report.
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Financial statements from 2015
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.
Board of Directors of Solutions Genie Private Limited
Solutions Genie has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavesh Narshi Verat Also directs: Icons Print Media Private Limited | Director | 08 Feb 2013 | 13 Years 8 Months | Current |
| Kirit Narshi Verat Also directs: Icons Print Media Private Limited | Director | 28 Aug 2014 | 12 Years 1 Months | Current |
Peer Comparison of Solutions Genie Private Limited
Solutions Genie Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Slogan Infotech Private Limited | ₹17,000 (FY 2025) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| Supply Chain Management IT Services Private Limited | ₹17,000 (FY 2022) | •••• | •••• | 31.0% | •••• | Thane, Maharashtra, India |
| Innovative Embedded Systems Private Limited | ₹16,866 (FY 2018) | •••• | •••• | -99.0% | •••• | Kanpur, Uttar Pradesh, India |
| Rockfort IT Solutions Private Limited | ₹16,670 (FY 2025) | •••• | •••• | -97.0% | •••• | New Delhi, Delhi, India |
| Payvoy India Private Limited | ₹16,613 (FY 2024) | •••• | •••• | 66.0% | •••• | Georgepeta, Andhra Pradesh, India |
| Solutions Genie Private Limited this company | ₹16,559 (FY 2025) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Intelliblock Technologies Private Limited | ₹16,526 (FY 2024) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Post Script Info Solutions Private Limited | ₹16,500 (FY 2019) | •••• | •••• | -37.0% | •••• | Alappuzha, Kerala, India |
| Peopleconnect Solutions Private Limited | ₹16,312 (FY 2025) | •••• | •••• | 430.0% | •••• | Kolkata, West Bengal, India |
| Dexlabs Software Private Limited | ₹16,250 (FY 2017) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Pegasa Technology Solutions Private Limited | ₹16,228 (FY 2019) | •••• | •••• | -95.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Solutions Genie by revenue in the Information Technology industry (IT Consulting and Services), 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 Solutions Genie Private Limited
Solutions Genie Private Limited is audited by RAJU & PRASAD for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJU & PRASAD | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
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Verified entity values are shown only after access is granted.
Ownership and Shareholding of Solutions Genie Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Solutions Genie Private Limited
Solutions Genie Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Solutions Genie Private Limited
Employment history and EPFO contributions of people linked to Solutions Genie.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on Solutions Genie Private Limited
Solutions Genie Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Kirit Narshi Verat ceased to be Additional Director on 30 Sep 2014.
AGM
Solutions Genie Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solutions Genie Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Kirit Narshi Verat ceased to be Additional Director.
Ceased
Sumit Becharbhai Dubaria ceased to be Additional Director.
Appointed
Kirit Narshi Verat was appointed as Director.
Ceased
Ramesh Murji Patel ceased to be Director.
Ceased
Manoj Kumar Agarwal ceased to be Director.
Appointed
Bhavesh Narshi Verat was appointed as Director.
Incorporation
08 Feb 2013
Solutions Genie Private Limited was registered on 08 Feb 2013 with Roc Mumbai & aged 13 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Solutions Genie Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by Solutions Genie Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Solutions Genie Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Solutions Genie Private Limited
Solutions Genie has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCS6642K1ZL | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Solutions Genie Private Limited
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MCA filings and documents
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Frequently Asked Questions about Solutions Genie Private Limited
Solutions Genie is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 February 2013 (13+ years old) and is registered under CIN U74900MH2013PTC240293.
Solutions Genie reported revenue of ₹16,559 for FY 2025 (down 100% YoY).
Solutions Genie has 2 current directors:
- Bhavesh Narshi Verat - Director
- Kirit Narshi Verat - Director
Solutions Genie reported a net loss of ₹1.69 Lakh and EBITDA of -₹36,198 (EBITDA margin -218.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solutions Genie is -89% over three years and -74% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solutions Genie is 27AASCS6642K1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Solutions Genie is U74900MH2013PTC240293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solutions Genie was incorporated on 08 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Solutions Genie by revenue are Slogan Infotech Private Limited, Supply Chain Management IT Services Private Limited, Innovative Embedded Systems Private Limited, Rockfort IT Solutions Private Limited, Payvoy India Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Kirit Narshi Verat ceased to be Additional Director on 30 Sep 2014. Sumit Becharbhai Dubaria ceased to be Additional Director on 30 Sep 2014. Kirit Narshi Verat was appointed as Director on 28 Aug 2014. Solutions Genie has 6 board changes on record in total.
Yes, Solutions Genie is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0112827).