About Solugenix India Private Limited
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Solugenix India Private Limited is a foreign private limited company based in Hyderabad, Telangana, India, a subsidiary of Solugenix Corporation. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 02 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74200TG2005FTC045234. Its GSTIN is 36AAICS9034M1ZS (Telangana). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1.52 Cr and a paid-up capital of ₹1.52 Cr. It was formerly known as Solugenix Business Solutions Private Limited. It is led by directors including Ramakrishnan Venkatraman and Chandra Sekhar Reddy Kothapu.
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 is at Block – B Roxana Towers 7th & 8th Floor Greenlands Begumpet, Hyderabad, Telangana, India – 500016.
As per the financials filed for FY 2025, the company reported a revenue of ₹140.79 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹12.37 Cr (net margin 8.8%) and EBITDA of ₹18.58 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 40% over five years.
The company has about 524 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Solugenix. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹1.47 Cr; the latest was in April 2008. The company has 5 MSME Form 1 returns on record between 2016 and 2020, listing 36 overdue payments to 16 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solugenix.com.
Company details
CIN history
Solugenix India has one previous CIN (Corporate Identification Number): U74200AP2005FTC045234. The current CIN is U74200TG2005FTC045234, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74200TG2005FTC045234 | Current |
| U74200AP2005FTC045234 | Previous |
Contact details
Solugenix India Private Limited's registered office is in Hyderabad, Telangana. Its website is solugenix.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock – B Roxana Towers 7th & 8th Floor Greenlands Begumpet, Hyderabad, Telangana, India – 500016
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Solugenix 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
Solugenix India operates one associated brand: Solugenix. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive IT services to clients. | solugenix.com |
Business activity
The main business activity of Solugenix India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Solugenix India Private Limited, buy the company report.
Financials of Solugenix India Private Limited
FY 2024 filings availableSolugenix India Private Limited reported revenue of ₹140.79 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 31% growth in the latest year. EBITDA rose 120% 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 | ₹18.58 Cr | ||||
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| Net Profit (PAT) | ₹12.37 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 8.8% | ||||
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To see the full financial statements and ratios of Solugenix India Private Limited, buy the company report.
Board of directors of Solugenix India Private Limited
Solugenix India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakrishnan Venkatraman | Director | 27 Mar 2024 | 2 Years 7 Months | Current |
| Chandra Sekhar Reddy Kothapu | Director | 13 Aug 2010 | 16 Years 2 Months | Current |
| Jasthi Shashidhar | Director | 02 Feb 2005 | 21 Years 8 Months | Current |
Auditor
Solugenix India Private Limited is audited by NANDYALA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANDYALA & ASSOCIATES | FY 2023 | 005646S |
Shareholding
The shareholding of Solugenix India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solugenix India Private Limited, buy the company report.
Deals & funding
Solugenix India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹1.47 Cr; the latest was in April 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2008 | Funding round | ₹1.47 Cr | Investors: Solugenix Corporation |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Solugenix India Private Limited has 9 court cases on record: 8 filed by Solugenix India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (CRLP) | Filed by the company against M/S. Bodhtree Consulting Limited, and 1 other | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against State of Telangana and 4 others | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Solugenix 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
Solugenix India Private Limited has 5 MSME Form 1 returns on record between 2016 and 2020, listing 36 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Srikaa Aqua Mineral Private Limited | |||
| an individual supplier | |||
| A2z Corporate Giftings | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Solugenix India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Solugenix India Private Limited has a workforce of 524 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.
GST
Solugenix India has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICS9034M1ZS | Telangana | Active | 01 Jul 2017 |
| 23AAICS9034M1ZZ | Madhya Pradesh | Active | 30 Jun 2023 |
| 29AAICS9034M1ZN | Karnataka | Active | 08 Jul 2023 |
To see the full GST registrations and return filing status of Solugenix India Private Limited, buy the company report.
Recent activity
Solugenix India Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Ramakrishnan Venkatraman ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Solugenix India is an active foreign private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 02 February 2005 (21+ years old) and is registered under CIN U74200TG2005FTC045234.
Solugenix India has 3 current directors:
- Ramakrishnan Venkatraman - Director
- Chandra Sekhar Reddy Kothapu - Director
- Jasthi Shashidhar - Director
The latest financial statements of Solugenix India 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.
The GSTIN of Solugenix India is 36AAICS9034M1ZS, registered in Telangana. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAICS9034M1ZZ (Madhya Pradesh), 29AAICS9034M1ZN (Karnataka).
The CIN (Corporate Identification Number) of Solugenix India is U74200TG2005FTC045234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solugenix India has 9 court cases on record: 8 filed by the company and 1 filed against it. Most are in the district courts.
Solugenix India was incorporated on 02 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Hyderabad.
Solugenix India has 1 deal on record (1 funding round), with disclosed funding of ₹1.47 Cr; the latest was in April 2008.
Ramakrishnan Venkatraman ceased to be Additional Director on 29 Sep 2024. Srinivas Namineni ceased to be Director on 15 Apr 2024. Ramakrishnan Venkatraman was appointed as Director on 27 Mar 2024. Solugenix India has 7 board changes on record in total.
Solugenix India has 5 MSME Form 1 returns on record between 2016 and 2020, listing 36 overdue payments to 16 micro and small suppliers. The latest return was filed on 03 Jul 2020.
Solugenix India can be reached through the website solugenix.com. Its registered office is in Hyderabad, Telangana, India.
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