Shi Solutions India Private Limited - Company Profile

It is a information technology private limited company based in Hyderabad, Telangana, India, established in 1999.

1999 Hyderabad, Telangana, India Active

Last Updated: January 06, 2026

About Shi Solutions India Private Limited

Shi Solutions India Private Limited, a active private limited company, was established on 19 November 1999 in Hyderabad, Telangana, India. Engaging in computer programming within the information and communication sector, it holds CIN: U72200TG1999PTC032881. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.10 Cr.

Formerly known as Lucus Enterprises Solutions Limited, Shi Solutions India Private Limited. It upholds a compliant status. Employing 821 professional, Its leadership includes James Robert Prior (Director), Ravi Shankar Kolathur (Director), Kevin Craven Mccann (Director). Past directors included Nandakumar Sankaran, Lakshminarayanan Chakravarthy Sogathur, Sreerupa Sengupta. It holds ₹60.00 Cr open charges and ₹74.96 Cr settled loans. Its latest AGM occurred on 15 July 2025, with the balance sheet filed on 31 March 2025. It is based at 08Th Floor, Krishe Sapphire, Main Road, Madhapur, Hyderabad, Telangana, 500081.

Company Details

CIN/LLPIN
U72200TG1999PTC032881
Registration Number
032881
Incorporation Date
19 November 1999
Authorized Capital
₹2.00 Cr
Paid-Up Capital
₹1.10 Cr
ROC Code
Roc Hyderabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.00 Cr as on 06-01-2026
Paid Up Capital ₹ 1.10 Cr as on 06-01-2026
Company Age 26 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 60.00 Cr as on 06-01-2026
Satisfied Charges ₹ 74.96 Cr as on 06-01-2026
Revenue Growth **** 37.16% (FY 2024)
Profit Growth **** 242.57% (FY 2024)
Ebitda **** 172.67% (FY 2024)
Net Worth 24.11% (FY 2024)
Total Assets **** 40.23% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Shi Solutions India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Shi Solutions India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
James Robert Prior	Director	20 Aug 2024	Current
Ravi Shankar Kolathur	Director	20 Aug 2024	Current
Kevin Craven Mccann	Director	20 Aug 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	02 Jun 2008	Past
Pramod Abcsdd	Director	17 May 2012	Past
Pramod Abcsdd	Additional Director	20 Sep 2019	Past
Pramod Abcsdd	Whole-Time Director	10 Jan 2018	Past
Pramod Abcsdd	Additional Director	09 Oct 2020	Past
Pramod Abcsdd	Additional Director	28 Sep 2016	Past

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Financial Performance of Shi Solutions India.

Locuz Enterprise Solutions Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 37.16% increase. The company also saw a substantial improvement in profitability, with a 242.57% increase in profit. The company's net worth Soared by an impressive increase of 24.11%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

37.16%

*******

Revenue from Operations

*******

37.82%

*******

Total Assets

*******

40.23%

*******

Profit or Loss

*******

242.57%

*******

Net Worth

*******

24.11%

*******

EBITDA

*******

172.67%

*******

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What is the Ownership and Shareholding Structure of Shi Solutions India?

In 2023, Shi Solutions India had a promoter holding of 45.42% and a public holding of 54.58%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹600,000,000.00

Satisfied Charges

₹749,621,000.00

Charges Breakdown by Lending Institutions

Others : 60.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
31 Jul 2024	Others	₹60.00 Cr	Open
24 Sep 2019	Hdfc Bank Limited	₹29.00 Cr	Satisfied
20 Mar 2019	Others	₹1.50 Cr	Satisfied
17 Jul 2009	Idbi Bank Limited	₹34.00 Cr	Satisfied
21 Apr 2008	Sbi Factors And Commercial Services Pvt. Ltd.	₹2.50 Cr	Satisfied

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How Many Employees Work at Shi Solutions India?

Shi Solutions India has a workforce of 821 employees as of May 29, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Shi Solutions India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shi Solutions India's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Shi Solutions India

Recent Activity within the Organization

Charges

Progress on A charge with Others of Rs. 60.00 Cr registered on 31 Jul 2024 with Charge ID 100962522 was modified on 28 Oct 2025. was documented.
28 Oct 2025
Annual General Meeting

The activity Shi Solutions India Private Limited last Annual general meeting of members was held on 15 Jul 2025 as per latest MCA records. was completed.
15 Jul 2025
Balance Sheet

Shi Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad. was recorded as a recent event.
31 Mar 2025
Charges

A charge registered on 24 Sep 2019 via Charge ID 100299544 with Hdfc Bank Limited was fully satisfied on 23 Dec 2024. was recorded as a recent event.
23 Dec 2024
Director Appointment

James Robert Prior was appointed as a Director was appointed as a Director on 20 Aug 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.
20 Aug 2024
Director Appointment

Progress on Ravi Shankar Kolathur was appointed as a Director was appointed as a Director on 20 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.
20 Aug 2024

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