Solvex Solutions LLP - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
LLPIN AAR-3851 Incorporated 23 December 2019 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Limited Liability Partnership information technology MSME · Micro
Data last updated
Revenue · FY 2023
₹5.91 Cr
▲ 99% YoY
Net profit · FY 2023
₹62.58 Lakh
Net margin 10.6%
EBITDA · FY 2023
₹1.11 Cr
EBITDA margin 18.7%
Contribution obligation
₹1 Lakh
As per LLP agreement
LLP age
7 yrs
Est. 2019
Employees · EPFO
21
Provident fund records
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered

About Solvex Solutions LLP

Data last updated:

Solvex Solutions LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 December 2019 and has been in existence for over 7 years.

The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAR-3851. Its GSTIN is 24AEDFS2239G1Z8 (Gujarat).

The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Mark Alexander Beard and Dhaivatkumar Kamalbhai Hans.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹5.91 Cr, a growth of 99% compared to the previous year. For the same year it recorded a net profit of ₹62.58 Lakh (net margin 10.6%) and EBITDA of ₹1.11 Cr (EBITDA margin 18.7%).

The LLP has about 21 employees on its provident fund (EPFO) records.

Solvex Solutions LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0086599).

Company Details of Solvex Solutions LLP
LLPIN AAR-3851
Incorporation Date 23 December 2019
Total Obligation of Contribution ₹1 Lakh
ROC Ahmedabad
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0086599

Recognitions & Rankings of Solvex Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-01-0086599
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Office No. 607 – 608 6th Floor Iscon Emporio Nr. Star Bazaar Jodhpur Cross Road Sate, Llite, Ahmedabad, Gujarat, India – 380015
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Solvex Solutions LLP in one report.

Financials from FY 2020 Directors & ownership Charges & compliance

Financials of Solvex Solutions LLP FY 2025 filings available

Solvex Solutions LLP reported revenue of ₹5.91 Cr (up 99% YoY) for FY 2023.

Revenue · FY 2023
₹5.91 Cr ▲ 99%
Net profit · FY 2023
₹62.58 Lakh margin 10.6%
EBITDA · FY 2023
₹1.11 Cr margin 18.7%

Compounded Annual Growth Rate (CAGR) of Solvex Solutions LLP

Revenue CAGR growth
1 year
▲ 99%
EBITDA CAGR growth
1 year
▲ 129%

Revenue rose 99% in the latest year. EBITDA rose 129% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Solvex Solutions LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income and Expenditure
Turnover••••••••••••••••
Other Income••••••••••••••••
Total Income••••••••••••••••
Purchases and Direct Costs••••••••••••••••
Personnel Expenses••••••••••••••••
Administrative Expenses••••••••••••••••
Interest••••••••••••••••
Depreciation••••••••••••••••
Total Expenses••••••••••••••••
Profit Before Tax••••••••••••••••
Tax••••••••••••••••
Profit After Tax₹62.58 Lakh••••••••••••
Profit Transferred to Partners••••••••••••••••
Assets and Liabilities
Partners' Contribution••••••••••••••••
Reserves and Surplus••••••••••••••••
Secured Loans••••••••••••••••
Unsecured Loans••••••••••••••••
Trade Payables••••••••••••••••
Other Liabilities and Provisions••••••••••••••••
Total Liabilities••••••••••••••••
Fixed Assets••••••••••••••••
Investments••••••••••••••••
Loans and Advances••••••••••••••••
Inventories••••••••••••••••
Trade Receivables••••••••••••••••
Cash and Bank Balance••••••••••••••••
Total Assets••••••••••••••••

Financial Ratios of Solvex Solutions LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
Net Profit Margin10.6%••••••••••••
Return on Partners' Funds••••••••••••••••
Return on Assets••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••
Debt to Partners' Funds••••••••••••••••
Interest Coverage••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••
Receivable Days••••••••••••••••
Turnover Growth••••••••••••••••
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 8. The full year-wise statements and ratios of Solvex Solutions are in the company report.

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Financial statements from FY 2020

Earlier years and trend charts are in the company report.

  • Income statements
  • Balance sheets
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Designated Partners of Solvex Solutions LLP

Solvex Solutions has 2 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Mark Alexander BeardDesignated Partner23 Dec 20196 Years 9 MonthsCurrent
Dhaivatkumar Kamalbhai HansDesignated Partner23 Dec 20196 Years 9 MonthsCurrent

Ownership and Shareholding of Solvex Solutions LLP

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Shareholding and ownership data

Promoter, institutional, public and beneficial ownership figures are in the company report.

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Charges & Borrowings of Solvex Solutions LLP

Solvex Solutions LLP does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Solvex Solutions LLP

Solvex Solutions LLP has a workforce of 21 employees as of Apr 06, 2024.

Employee count
21
Active EPFO establishments
1
Employee growth
425%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
  • PF contributions
  • ECR filing status
  • Establishment history

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Recent Activity on Solvex Solutions LLP

Solvex Solutions LLP has 2 designated partner changes on record since 2019: 2 appointments. The latest: Dhaivatkumar Kamalbhai Hans was appointed as Designated Partner on 23 Dec 2019.

AGM
Solvex Solutions Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Solvex Solutions Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Dhaivatkumar Kamalbhai Hans was appointed as Designated Partner.
Appointed
Mark Alexander Beard was appointed as Designated Partner.
Incorporation
23 Dec 2019
Solvex Solutions Llp was registered on 23 Dec 2019 with Roc Ahmedabad & aged 6 years 9 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Solvex Solutions LLP

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Credit ratings, litigation, and regulatory alerts

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  • Rating history
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MSME Payment Delays by Solvex Solutions LLP

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

  • Outstanding amounts
  • Delay periods and reasons
  • MSME-1 filing history
  • Vendor payment signals

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Subsidiaries & Group Companies of Solvex Solutions LLP

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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 Solvex Solutions LLP

Solvex Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AEDFS2239G1Z8GujaratActive10 Aug 2020
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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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  • Tax jurisdiction records

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MCA Filings & Documents of Solvex Solutions LLP

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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  • Annual returns and statements
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Frequently Asked Questions about Solvex Solutions LLP

Solvex Solutions is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in IT consulting and support services, within the information technology industry. It was incorporated on 23 December 2019 (7+ years old) and is registered under LLPIN AAR-3851.

Solvex Solutions reported revenue of ₹5.91 Cr for FY 2023 (up 99% YoY).

Solvex Solutions has 2 current designated partners:

Solvex Solutions reported a net profit of ₹62.58 Lakh (net margin 10.6%) and EBITDA of ₹1.11 Cr (EBITDA margin 18.7%) for FY 2023, as per its filed financial statements.

The GSTIN of Solvex Solutions is 24AEDFS2239G1Z8, registered in Gujarat.

The LLPIN (Limited Liability Partnership Identification Number) of Solvex Solutions is AAR-3851. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Solvex Solutions was incorporated on 23 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Dhaivatkumar Kamalbhai Hans was appointed as Designated Partner on 23 Dec 2019. Mark Alexander Beard was appointed as Designated Partner on 23 Dec 2019.

Yes, Solvex Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0086599).

The registered office of Solvex Solutions is at Office No. 607 – 608 6th Floor Iscon Emporio Nr. Star Bazaar Jodhpur Cross Road Sate, Llite, Ahmedabad, Gujarat, India – 380015.

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