MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0042258
Resolveit Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹1.29 Cr
▼ 22% YoY
Net profit · FY 2022
₹6.89 Lakh
Net margin 5.4%
EBITDA · FY 2022
₹22.24 Lakh
EBITDA margin 17.3%
Authorised capital
₹6 Lakh
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
6
Provident fund records
About Resolveit Solutions Private Limited
Data last updated:
Resolveit Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29300TN2019PTC128013. Its GSTIN is 33AAJCR4792A1ZG (Tamil Nadu).
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Chitra and Rajalekshmy Raghavan Santhamma.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Rajni'S Anugraha G1 Old No.12 N.No.21 2nd Main Road Cit Nagar, Chennai, Tamil Nadu, India – 600035.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.29 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹6.89 Lakh (net margin 5.4%) and EBITDA of ₹22.24 Lakh (EBITDA margin 17.3%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr on record.
Resolveit Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0042258). For more details, the company can be reached via its website resolveit.in.
Company Details of Resolveit Solutions Private Limited
CIN U29300TN2019PTC128013
Registration Number 128013
Incorporation Date 14 March 2019
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0042258
Recognitions & Rankings of Resolveit Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressRajni'S Anugraha G1 Old No.12 N.No.21 2nd Main Road Cit Nagar, Chennai, Tamil Nadu, India – 600035
- IndustryInformation Technology, IT Consulting & Support Services
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Business Activity of Resolveit Solutions Private Limited
The main business activity of Resolveit Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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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 Resolveit Solutions Private Limited FY 2022 filings available
Resolveit Solutions Private Limited reported revenue of ₹1.29 Cr (down 22% YoY) for FY 2022.
Revenue · FY 2022
₹1.29 Cr ▼ 22%
Net profit · FY 2022
₹6.89 Lakh margin 5.4%
EBITDA · FY 2022
₹22.24 Lakh margin 17.3%
Compounded Annual Growth Rate (CAGR) of Resolveit Solutions Private Limited
Revenue CAGR growth
1 year
▼ 22%
EBITDA CAGR growth
1 year
▲ 14%
Revenue fell 22% in the latest year. EBITDA rose 14% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Resolveit Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| 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 | ₹22.24 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.89 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 Resolveit Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 17.3% | •••• | •••• | •••• |
| Net Profit Margin | 5.4% | •••• | •••• | •••• |
| 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 Resolveit Solutions are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
Board of Directors of Resolveit Solutions Private Limited
Resolveit Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chitra | Director | 14 Mar 2019 | 7 Years 7 Months | Current |
| Rajalekshmy Raghavan Santhamma | Director | 14 Mar 2019 | 7 Years 7 Months | Current |
Peer Comparison of Resolveit Solutions Private Limited
Resolveit Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fox Information Technology Consulting Services Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Innsof Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Kozhikode, Kerala, India |
| Apoxeo Solutions Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Bangalore, Karnataka, India |
| Stone Media Advisory Services Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | -88.0% | •••• | Secunderabad, Telangana, India |
| Hipro IT Solutions Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Chennai, Tamil Nadu, India |
| Resolveit Solutions Private Limited this company | ₹1.29 Cr (FY 2022) | •••• | •••• | -22.0% | •••• | Chennai, Tamil Nadu, India |
| Brightmindsatwork Consulting Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ztechinfinity Private Limited | ₹1.29 Cr (FY 2025) | •••• | •••• | 351.0% | •••• | H D Kote, Karnataka, India |
| Iykon Fidelity Solutions India Private Limited | ₹1.29 Cr (FY 2022) | •••• | •••• | 73.0% | •••• | Chennai, Tamil Nadu, India |
| Alpha Mary International Education Private Limited | ₹1.29 Cr (FY 2021) | •••• | •••• | 76.0% | •••• | Thiruvananthapuram, Kerala, India |
| Social Eyes Private Limited | ₹1.29 Cr (FY 2024) | •••• | •••• | 59.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Resolveit Solutions by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Resolveit Solutions Private Limited
Resolveit Solutions Private Limited is audited by KIRUTHIGA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KIRUTHIGA & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Resolveit Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Resolveit Solutions Private Limited
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2019 | Vijaya Bank | ₹1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Resolveit Solutions Private Limited
Resolveit Solutions Private Limited has a workforce of 6 employees as of Apr 03, 2024.
Employee count
6
Active EPFO establishments
1
Employee growth
-25%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
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Recent Activity on Resolveit Solutions Private Limited
Resolveit Solutions Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Shruthy Krishnakumar ceased to be Director on 07 Aug 2024.
Ceased
Shruthy Krishnakumar ceased to be Director.
AGM
Resolveit Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Resolveit Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
Charges
A charge with Vijaya Bank amounted to Rs. 100.00 Lakh with Charge ID 100300404 was registered on 12 Nov 2019.
Appointed
Chitra was appointed as Director.
Appointed
Rajalekshmy Raghavan Santhamma was appointed as Director.
Appointed
Shruthy Krishnakumar was appointed as Director.
Incorporation
14 Mar 2019
Resolveit Solutions Private Limited was registered on 14 Mar 2019 with Roc Chennai & aged 7 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Resolveit Solutions Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Resolveit Solutions Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Resolveit Solutions Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Resolveit Solutions Private Limited
Resolveit Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCR4792A1ZG | Tamil Nadu | Active | 19 Apr 2019 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Resolveit Solutions Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Resolveit Solutions Private Limited
Resolveit Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 March 2019 (7+ years old) and is registered under CIN U29300TN2019PTC128013.
Resolveit Solutions reported revenue of ₹1.29 Cr for FY 2022 (down 22% YoY).
Resolveit Solutions has 2 current directors:
- Chitra - Director
- Rajalekshmy Raghavan Santhamma - Director
Resolveit Solutions reported a net profit of ₹6.89 Lakh (net margin 5.4%) and EBITDA of ₹22.24 Lakh (EBITDA margin 17.3%) for FY 2022, as per its filed financial statements.
The GSTIN of Resolveit Solutions is 33AAJCR4792A1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Resolveit Solutions is U29300TN2019PTC128013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Resolveit Solutions was incorporated on 14 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Resolveit Solutions by revenue are Fox Information Technology Consulting Services Private Limited, Innsof Private Limited, Apoxeo Solutions Private Limited, Stone Media Advisory Services Private Limited, Hipro IT Solutions Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Shruthy Krishnakumar ceased to be Director on 07 Aug 2024. Chitra was appointed as Director on 14 Mar 2019. Rajalekshmy Raghavan Santhamma was appointed as Director on 14 Mar 2019. Resolveit Solutions has 4 board changes on record in total.
Yes, Resolveit Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0042258).
Resolveit Solutions can be reached through the website resolveit.in. Its registered office is in Chennai, Tamil Nadu, India.