Pisolve Systems Private Limited
About Pisolve Systems Private Limited
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Pisolve Systems Private Limited is a private limited company based in Gandhinagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 24 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2020PTC113654. Its GSTIN is 24AALCP1497N1ZS (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kartik Parmar (Managing Director) and Ashok Kumar Parmar (Managing Director).
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 Gandhinagar, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.48 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹36.44 Lakh (net margin -92.3%) and EBITDA of -₹34.3 Lakh (EBITDA margin -86.9%). Revenue has grown at a compounded annual rate (CAGR) of 283% over three years.
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- Registered AddressBlock – D – 204 Aaditya Antrix Tp44 Chandkheda Village Chandkheda Taluk, A Gandhina, Gandhinagar, Gujarat, India – 382424
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Pisolve Systems Private Limited
The main business activity of Pisolve Systems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Pisolve Systems Private Limited FY 2025 filings available
Pisolve Systems Private Limited reported revenue of ₹39.48 Lakh (down 73% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Pisolve Systems Private Limited
Revenue fell 73% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 283%. 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 of Pisolve Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹34.3 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹36.44 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Pisolve Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -86.9% | •••• | •••• | •••• |
| Net Profit Margin | -92.3% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pisolve Systems are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Pisolve Systems Private Limited
Pisolve Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Otabu Inspection & Testing Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Eminentminds Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Fnit Solutions Private Limited | •••• | •••• | •••• | •••• | - | Kanpur, Uttar Pradesh, India |
| Estiseigy Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Padgov Advisors Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Pisolve Systems Private Limited this company | •••• | •••• | •••• | •••• | - | Gandhinagar, Gujarat, India |
| Jhilmil Estate Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Vanalok Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Q-Con Quality System Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Arthashree Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Madhurita Projects Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Pisolve Systems by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Pisolve Systems Private Limited
Pisolve Systems has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Kumar Sagarvanshi | Director | 27 Jul 2023 | 3 Years 2 Months | Current |
| Kartik Parmar Also directs: Pysolve Semiconductors Private Limited | Managing Director | 09 Feb 2024 | 2 Years 7 Months | Current |
| Ashok Kumar Parmar Also directs: Pysolve Semiconductors Private Limited | Managing Director | 09 Feb 2024 | 2 Years 7 Months | Current |
Ownership and Shareholding of Pisolve Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pisolve Systems Private Limited
Pisolve Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pisolve Systems Private Limited
Pisolve Systems Private Limited has a workforce of 0 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Pisolve Systems Private Limited
Pisolve Systems Private Limited has 9 board changes on record since 2021: 4 appointments and 5 cessations. The latest: Vineet Kumar Tiwari ceased to be Director on 06 May 2025.
Credit Ratings, Litigation & Regulatory Alerts for Pisolve Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pisolve Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pisolve Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pisolve Systems Private Limited
Pisolve Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCP1497N1ZS | Gujarat | Active | 01 Mar 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pisolve Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pisolve Systems Private Limited
Pisolve Systems is an active private limited company based in Gandhinagar, Gujarat, India. The company works in other services, within the business services industry. It was incorporated on 24 May 2020 (6+ years old) and is registered under CIN U74999GJ2020PTC113654.
Pisolve Systems reported revenue of ₹39.48 Lakh for FY 2024 (down 73% YoY).
Pisolve Systems has 3 current directors:
- Kartik Parmar - Managing Director
- Ashok Kumar Parmar - Managing Director
- Manish Kumar Sagarvanshi - Director
Pisolve Systems reported a net loss of ₹36.44 Lakh (net margin -92.3%) and EBITDA of -₹34.3 Lakh (EBITDA margin -86.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pisolve Systems is 283% over three years. In the latest year (FY 2024) revenue fell 73%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pisolve Systems is 24AALCP1497N1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Pisolve Systems is U74999GJ2020PTC113654. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pisolve Systems was incorporated on 24 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Pisolve Systems by revenue are Otabu Inspection & Testing Private Limited, Eminentminds Technologies Private Limited, Fnit Solutions Private Limited, Estiseigy Technologies Private Limited, Padgov Advisors Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Vineet Kumar Tiwari ceased to be Director on 06 May 2025. Ashok Kumar Parmar was appointed as Managing Director on 09 Feb 2024. Kartik Parmar was appointed as Managing Director on 09 Feb 2024. Pisolve Systems has 9 board changes on record in total.
Yes, Pisolve Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).