About Solifi Software India Private Limited
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Solifi Software India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of International Decision Systems Inc. Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2004PTC034086. Its GSTIN is 29AABCI2430G1ZV (Karnataka).
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Ids Software Solutions (India) Private Limited. It is led by directors including Venkat Sundaramurthy and Abhimanyu Murarka.
Its last annual general meeting (AGM) was held on 04 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2026, the company reported a revenue of ₹104.6 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹10.3 Cr (net margin 9.8%) and EBITDA of ₹16.36 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 23% over five years.
The company has about 288 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: International Decision Systems. As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website idsgrp.com.
Company details
Contact details
Solifi Software India Private Limited's registered office is in Bangalore North, Karnataka. Its website is idsgrp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address48 Church St Haridevpur, Shanthala Nagar Ashok Nagar, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Solifi Software India 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
Brands
Solifi Software India operates one associated brand: International Decision Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Lease and loan software solutions are provided for equipment finance. | idsgrp.com |
Business activity
The main business activity of Solifi Software India is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Solifi Software India Private Limited, buy the company report.
Financials of Solifi Software India Private Limited
FY 2026 filings availableSolifi Software India Private Limited reported revenue of ₹104.6 Cr (up 18% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 18% growth in the latest year. EBITDA rose 5% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹104.6 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹16.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.3 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 9.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Solifi Software India Private Limited, buy the company report.
Board of directors of Solifi Software India Private Limited
Solifi Software India has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkat Sundaramurthy | Director | 12 Dec 2018 | 7 Years 10 Months | Current |
| Abhimanyu Murarka | Director | 11 Oct 2022 | 4 Years 0 Months | Current |
| Daniel J Corazzi | Director | 29 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Solifi Software India Private Limited is audited by Suresh Surana and Associates LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Surana and Associates LLP | FY 2026 | 121750W/W-100010 |
Shareholding
The shareholding of Solifi Software India Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solifi Software India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2020 | 100370613 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Solifi Software India Private Limited has 10 court cases on record: 4 filed by Solifi Software India, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 0 |
| District courts | 4 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Century Galaxy Developers Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by Century Galaxy Developers Ltd. and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Century Galaxy Developers Ltd. and 1 other | Disposed |
| High Court of Karnataka | Tax appeal | Filed by the company against The Deputy Commissioner of | Disposed |
| High Court of Karnataka | Tax appeal | Filed by the company against The Deputy Commissioner of Income Tax | Disposed |
To see the full case history of Solifi Software India 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 Solifi Software India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solifi Software India Private Limited has a workforce of 288 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Solifi Software India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI2430G1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solifi Software India Private Limited, buy the company report.
Recent activity
Solifi Software India Private Limited has 20 board changes on record since 2007: 4 appointments and 16 cessations. The latest: Daniel J Corazzi was appointed as Director on 29 Jan 2026.
12 earlier events are in the company report.
Frequently asked questions
Solifi Software India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 June 2004 (22+ years old) and is registered under CIN U72200KA2004PTC034086.
Solifi Software India has 3 current directors:
- Venkat Sundaramurthy - Director
- Abhimanyu Murarka - Director
- Daniel J Corazzi - Director
The latest financial statements of Solifi Software India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Solifi Software India is 29AABCI2430G1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Solifi Software India is U72200KA2004PTC034086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solifi Software India has 10 court cases on record: 4 filed by the company and 6 filed against it. Most are in the high courts.
Solifi Software India was incorporated on 07 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Daniel J Corazzi was appointed as Director on 29 Jan 2026. Abhimanyu Murarka ceased to be Additional Director on 18 Jun 2023. Abhimanyu Murarka was appointed as Director on 11 Oct 2022. Solifi Software India has 20 board changes on record in total.
Solifi Software India can be reached through the website idsgrp.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Solifi Software India is at 48 Church St Haridevpur, Shanthala Nagar Ashok Nagar, Bangalore, Karnataka, India – 560001.
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