About Solicon
Solicon is a Technology company based in Delhi (India) founded in 2015. It provides comprehensive cloud, DevOps, managed, and IT consulting services. It operates on a B2B model. Its Indian entity Solicon Private Limited reported revenue of ₹11.12 Cr. Its focus areas include IT Services, Consulting and Cloud and DevOps. Similar companies include Happiest Minds, GirnarSOFT and Datamatics; 3 of its 3 listed similar companies have raised funding.
Company details
Solicon provides comprehensive cloud, devops, managed, and it consulting services, focusing on leveraging cutting-edge technology, providing IT services, offering consulting services, and cloud and devops. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Delhi, India
- SectorsTechnology
- Email••••••••
- Website solicon.co.in
- Legal Name Solicon Private Limited
- Date of Incorporation 12 Oct, 2015
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹11.12 Cr
FY 2023 · +18% YoY
- Net Profit₹3.4 Lakh
FY 2023 · 0% margin
- EBITDA₹21 Lakh
FY 2023 · 2% margin
Associated legal entities of Solicon
Solicon operates through Solicon Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Solicon Private Limited CIN U72900DL2015PTC286326 | Active | 12 Oct 2015 | New Delhi, Delhi | ₹11.1 Cr | 3 | View details |
Board of directors of Solicon Private Limited (Solicon)
Solicon Private Limited is the primary company behind Solicon. The board of Solicon Private Limited currently have 3 directors; the longest-serving is Veena Pal, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Veena Pal DIN 05135806 | Director | 12 Oct 2015 | 11 yrs | Solicon Private Limited |
| Ashutosh Pal DIN 07303442 | Director | 12 Oct 2015 | 11 yrs | Solicon Private Limited |
| Mewa Lal Pal DIN 07303445 | Director | 12 Oct 2015 | 11 yrs | Solicon Private Limited |
Financials of Solicon
Figures of Solicon Private Limited, the primary company behind Solicon, for FY 2023. Revenue was ₹11.12 Cr (+18% year on year). Net profit was ₹3.4 Lakh (0% margin). EBITDA was ₹21 Lakh (2% margin). Revenue has grown at a compounded annual rate of +46% over three years and +13% over five years.
- ₹11.12 CrRevenue · FY 2023 · +18% YoY
- ₹3.4 LakhNet profit · 0% margin
- ₹21 LakhEBITDA · 2% margin
- ₹1 LakhPaid-up capital
- +46%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Solicon Private Limited are on its company page.
Detailed financial statements for Solicon
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Similar companies to Solicon
Solicon has 3 listed similar companies in our database, 3 of them funded. They include Happiest Minds, GirnarSOFT and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| girnarsoft.com | 2007 | Jaipur, India | $736.02M | 6,709 | Provider of website, web & mobile application development, BI, and digital marketing services | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed similar companies of Solicon
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Frequently Asked Questions about Solicon
Solicon was founded in 2015.
Solicon is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Solicon, Solicon Private Limited, reported revenue of ₹11.12 Cr for FY 2023, up 18% year on year.
Solicon provides comprehensive cloud, devops, managed, and it consulting services, focusing on leveraging cutting-edge technology, providing IT services, offering consulting services, and cloud and devops. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Solicon's top competitors include Happiest Minds, GirnarSOFT and Datamatics.
Solicon operates through Solicon Private Limited.
The legal entities of Solicon currently have 3 directors, including Veena Pal, Ashutosh Pal, Mewa Lal Pal.