E-Volve Solutions Private Limited
About E-Volve Solutions Private Limited
Data last updated:
E-Volve Solutions Private Limited was a private limited company based in Uttar Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 November 2000.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U72200UP2000PTC025722.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.8 Lakh. It was led by directors Arun Agarwal and Ram Bharat.
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 was at Burlington42 Cantt Road Lucknow, Uttar Pradesh, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹10,697, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹15,598 (net margin -145.8%) and EBITDA of -₹21,079 (EBITDA margin -197%). Revenue has declined at a compounded annual rate (CAGR) of 28% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
E-Volve Solutions Private Limited's registered office is in Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBurlington42 Cantt Road Lucknow, Uttar Pradesh, India
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of E-Volve Solutions 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
Financials of E-Volve Solutions Private Limited
FY 2024 filings availableE-Volve Solutions Private Limited reported revenue of ₹10,697 (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 99% fall in the latest year. EBITDA rose 13% 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 |
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| EBITDA | -₹21,079 | ||||
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| Net Profit (PAT) | -₹15,598 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -197% | ||||
| Net Profit Margin | -145.8% | ||||
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To see the full financial statements and ratios of E-Volve Solutions Private Limited, buy the company report.
Board of directors of E-Volve Solutions Private Limited
E-Volve Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Agarwal Also directs: Fortuna Housing and Planners LLP, Fortuna Vegfru Private Limited, Fortuna Industries Private Limited and 5 more | Director | 26 Aug 2002 | 24 Years 2 Months | As last reported |
| Ram Bharat Also directs: Nilgiri Infosolutions Private Limited | Director | 20 Dec 2014 | 11 Years 10 Months | As last reported |
Peer comparison
E-Volve Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siddavinayaka IT Solutions Private Limited | ₹10,870 (FY 2024) | -78.0% | Secunderabad, Telangana, India | |||
| E-Volve Solutions Private Limitedthis company | ₹10,697 (FY 2024) | -₹15,598 | -145.8% | -99.0% | Uttar Pradesh, India | |
| Aca Sons Private Limited | ₹10,604 (FY 2020) | -100.0% | Delhi, India | |||
| Dynamic Vertical Software Private Limited. | ₹10,579 (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Meer Informatics Limited | ₹10,500 (FY 2024) | -98.0% | New Delhi, Delhi, India |
To see the full peer comparison of E-Volve Solutions Private Limited, buy the company report.
Auditor
E-Volve Solutions Private Limited is audited by BANSAL RAJEEV & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSAL RAJEEV & ASSOCIATES | FY 2017 | 05239C |
Shareholding
The shareholding of E-Volve Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of E-Volve Solutions Private Limited, buy the company report.
Legal cases
E-Volve Solutions Private Limited has 2 court cases on record: 2 filed by E-Volve Solutions. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed by the company against State of Raj and Anr | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against State of Raj and Anr | Disposed |
To see the full case history of E-Volve Solutions 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 E-Volve Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for E-Volve Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
E-Volve Solutions Private Limited has 5 board changes on record since 2002: 2 appointments and 3 cessations. The latest: Sushil Kumar Goenka ceased to be Director on 24 Feb 2023.
Frequently asked questions
E-Volve Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
E-Volve Solutions was a private limited company based in Uttar Pradesh, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 03 November 2000 and is registered under CIN U72200UP2000PTC025722. The company has been struck off by the Registrar of Companies and is no longer operational.
E-Volve Solutions had 2 directors:
- Arun Agarwal - Director
- Ram Bharat - Director
The CIN (Corporate Identification Number) of E-Volve Solutions is U72200UP2000PTC025722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of E-Volve Solutions is at Burlington42 Cantt Road Lucknow, Uttar Pradesh, India.
E-Volve Solutions was incorporated on 03 November 2000. It is registered with the Registrar of Companies, Kanpur.
The latest financial statements of E-Volve Solutions 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 2015 are in the company report.
E-Volve Solutions operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
The peers of E-Volve Solutions by revenue are Siddavinayaka IT Solutions Private Limited, Aca Sons Private Limited, Dynamic Vertical Software Private Limited, Meer Informatics Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
E-Volve Solutions has 2 court cases on record: 2 filed by the company.
Sushil Kumar Goenka ceased to be Director on 24 Feb 2023. Ram Bharat ceased to be Additional Director on 26 Sep 2017. Gaurav Agarwal ceased to be Director on 22 Dec 2014. E-Volve Solutions has 5 board changes on record in total.
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