Solvanni Technologies India Private Limited

Solvanni Technologies India Private Limited - information technology in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72200TZ2015PTC029015 Incorporated 06 November 2015 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹92.29 Lakh
▼ 42% YoY
Net profit · FY 2023
₹16.74 Lakh
Net margin 18.1%
EBITDA · FY 2023
₹23.11 Lakh
EBITDA margin 25%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.97 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
11
Provident fund records
Directors on board
2
As per MCA filings

About Solvanni Technologies India Private Limited

Data last updated:

Solvanni Technologies India Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, a subsidiary of Solvanni Corporation Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 November 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72200TZ2015PTC029015. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.97 Lakh. It is led by directors Kumar Abhijeet and Ashish Katyayan.

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 is at No.44/1 1st Floor Ramalinga Jothi Nagar Nanjundapuram Road Ramanathapuram, Coimbatore, Tamil Nadu, India – 641045.

As per the financials filed for FY 2023, the company reported a revenue of ₹92.29 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹16.74 Lakh (net margin 18.1%) and EBITDA of ₹23.11 Lakh (EBITDA margin 25%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.

The company has about 11 employees on its provident fund (EPFO) records.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solvanni.com.

Company details

CIN U72200TZ2015PTC029015
Registration Number 029015
Incorporation Date 06 November 2015
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Solvanni Corporation Inc
Compliance Status Active Compliant

CIN history

Solvanni Technologies India has one previous CIN (Corporate Identification Number): U72200TN2015PTC102934. The current CIN is U72200TZ2015PTC029015, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200TZ2015PTC029015Current
U72200TN2015PTC102934Previous

Contact details

Solvanni Technologies India Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is solvanni.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No.44/1 1st Floor Ramalinga Jothi Nagar Nanjundapuram Road Ramanathapuram, Coimbatore, Tamil Nadu, India – 641045
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Solvanni Technologies India Private Limited, buy the company report.

Comprehensive company report
Solvanni Technologies India 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
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Business activity

The main business activity of Solvanni Technologies India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Solvanni Technologies India Private Limited, buy the company report.

Financials of Solvanni Technologies India Private Limited

FY 2023 filings available

Solvanni Technologies India Private Limited reported revenue of ₹92.29 Lakh (down 42% YoY) for FY 2023.

Revenue · FY 2023
₹92.29 Lakh ▼ 42%
Net profit · FY 2023
₹16.74 Lakh margin 18.1%
EBITDA · FY 2023
₹23.11 Lakh margin 25%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▲ 8%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 520%
3 years · compounded
▲ 8%
5 years · compounded
▲ 31%

Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 520% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹92.29 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹23.11 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹16.74 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin25%
Net Profit Margin18.1%
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 Solvanni Technologies India Private Limited, buy the company report.

Board of directors of Solvanni Technologies India Private Limited

Solvanni Technologies India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kumar AbhijeetAdditional Director19 Sep 20242 Years 1 MonthsCurrent
Ashish KatyayanAdditional Director19 Sep 20242 Years 1 MonthsCurrent

Peer comparison

Solvanni Technologies 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nedge Technologies Private Limited₹92.55 Lakh (FY 2024)-64.0%Delhi, India
Itfarm Systems Private Limited₹92.54 Lakh (FY 2020)-34.0%Chennai, Tamil Nadu, India
Hannovit Technologies Private Limited₹92.47 Lakh (FY 2025)10.0%Faridabad, Haryana, India
Rev Eye Technologies Private Limited₹92.4 Lakh (FY 2020)-58.0%Hyderabad, Telangana, India
Agroha Infotech Private Limited₹92.37 Lakh (FY 2024)75288.0%Bhilwara, Rajasthan, India
Solvanni Technologies India Private Limitedthis company₹92.29 Lakh (FY 2023)₹16.74 Lakh18.1%-42.0%11Coimbatore, Tamil Nadu, India
Creator Mediaworks Private Limited₹92.28 Lakh (FY 2025)14.0%Kaloor, Kerala, India
Creds Software Solutions Private Limited₹92.22 Lakh (FY 2023)165.0%Surat, Gujarat, India
Diggity Solutions Private Limited₹92.09 Lakh (FY 2025)15.0%Bhubaneswar, Odisha, India
Ramsoft Technologies Private Limited₹92.02 Lakh (FY 2025)-22.0%Bangalore, Karnataka, India
Vedamaya Software Technologies Private Limited₹91.97 Lakh (FY 2023)71.0%Tiruchirappalli, Tamil Nadu, India

To see the full peer comparison of Solvanni Technologies India Private Limited, buy the company report.

Auditor

Solvanni Technologies India Private Limited is audited by SAKTHIVELU & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SAKTHIVELU & ASSOCIATESFY 2023013296S

Shareholding

The shareholding of Solvanni Technologies India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Solvanni Technologies India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Solvanni Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Solvanni Technologies India Private Limited has a workforce of 11 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
11
Active EPFO establishments
1
Employee growth
37.5%

GST

Solvanni Technologies India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Solvanni Technologies India Private Limited, buy the company report.

Recent activity

Solvanni Technologies India Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Balaraman Srinivasan ceased to be Director on 20 Sep 2024.

Ceased
Balaraman Srinivasan ceased to be Director.
Ceased
Ranganathan Bharanidharan ceased to be Director.
Appointed
Ashish Katyayan was appointed as Additional Director.
Appointed
Kumar Abhijeet was appointed as Additional Director.
AGM
Solvanni Technologies India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Solvanni Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Ceased
Palanivel Suja ceased to be Director.
Incorporation
06 Nov 2015
Solvanni Technologies India Private Limited was registered on 06 Nov 2015 with Roc Coimbatore & aged 10 years 11 months as per MCA records.

Frequently asked questions

Solvanni Technologies India is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 November 2015 (11+ years old) and is registered under CIN U72200TZ2015PTC029015.

Solvanni Technologies India has 2 current directors:

The latest financial statements of Solvanni Technologies 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 2016 are in the company report.

No. Solvanni Technologies India has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Solvanni Technologies India is U72200TZ2015PTC029015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solvanni Technologies India was incorporated on 06 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Solvanni Technologies India by revenue are Nedge Technologies Private Limited, Itfarm Systems Private Limited, Hannovit Technologies Private Limited, Rev Eye Technologies Private Limited, Agroha Infotech Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).

Balaraman Srinivasan ceased to be Director on 20 Sep 2024. Ranganathan Bharanidharan ceased to be Director on 20 Sep 2024. Ashish Katyayan was appointed as Additional Director on 19 Sep 2024. Solvanni Technologies India has 5 board changes on record in total.

Solvanni Technologies India can be reached through the website solvanni.com. Its registered office is in Coimbatore, Tamil Nadu, India.

The registered office of Solvanni Technologies India is at No.441 1st Floor Ramalinga Jothi Nagar Nanjundapuram Road Ramanathapuram, Coimbatore, Tamil Nadu, India – 641045.

Solvanni Technologies India operates in the information technology industry, in the application development and software solutions segment.