Licit Solutions Private Limited
About Licit Solutions Private Limited
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Licit Solutions Private Limited is a private limited company based in Ghaziabad, Uttar Pradesh, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 27 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74999UP2019PTC115097.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pavnaj Gupta and Sudiksha Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 404 4th Floor Devika Tower Chandar Nagar, Ghaziabad, Uttar Pradesh, India – 201011.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.54 Lakh, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹6,710 (net margin 0.3%) and EBITDA of ₹9,786 (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 49% over five years.
Company details
Contact details
Licit Solutions Private Limited's registered office is in Ghaziabad, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address404 4th Floor Devika Tower Chandar Nagar, Ghaziabad, Uttar Pradesh, India – 201011
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Licit 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
Business activity
The main business activity of Licit Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Licit Solutions Private Limited, buy the company report.
Financials of Licit Solutions Private Limited
FY 2025 filings availableLicit Solutions Private Limited reported revenue of ₹19.54 Lakh (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 44% growth in the latest year. EBITDA fell 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9,786 | ||||
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| Net Profit (PAT) | ₹6,710 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Licit Solutions Private Limited, buy the company report.
Board of directors of Licit Solutions Private Limited
Licit 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 |
|---|---|---|---|---|
| Pavnaj Gupta Also directs: Value Added Professional Services LLP, Sampoorn EV Panipat Private Limited, Kounting.Com Private Limited and 5 more | Director | 07 Jul 2022 | 4 Years 3 Months | Current |
| Sudiksha Gupta Also directs: Value Added Professional Services LLP, Sampoorn EV Industries Private Limited, Sampoorn EV Panipat Private Limited and 5 more | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Licit Solutions Private Limited is audited by G V A P & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V A P & ASSOCIATES | FY 2021 | 009009C |
Shareholding
The shareholding of Licit Solutions Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Licit Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Licit Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Licit 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 Licit Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Licit Solutions Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Pavnaj Gupta ceased to be Additional Director on 21 Mar 2023.
Frequently asked questions
Licit Solutions is an active private limited company based in Ghaziabad, Uttar Pradesh, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 27 March 2019 (7+ years old) and is registered under CIN U74999UP2019PTC115097.
Licit Solutions has 2 current directors:
- Pavnaj Gupta - Director
- Sudiksha Gupta - Director
The latest financial statements of Licit Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Licit Solutions is U74999UP2019PTC115097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Licit Solutions was incorporated on 27 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kanpur.
Pavnaj Gupta ceased to be Additional Director on 21 Mar 2023. Mahesh Chandra Maheshwari ceased to be Director on 07 Jul 2022. Pavnaj Gupta was appointed as Director on 07 Jul 2022. Licit Solutions has 5 board changes on record in total.
The registered office of Licit Solutions is at 404 4th Floor Devika Tower Chandar Nagar, Ghaziabad, Uttar Pradesh, India – 201011.
Licit Solutions operates in the business outsourcing industry, in the accounting and financial analysis segment.
Licit Solutions can be reached at its registered office: 404 4th Floor Devika Tower Chandar Nagar, Ghaziabad, Uttar Pradesh, India – 201011.
Licit Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Kanpur.