MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0046905
Solbuggy Connect Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.27 Cr
▼ 8% YoY
Net loss · FY 2025
₹15.77 Lakh
Net margin -3.7%
EBITDA · FY 2025
-₹18.04 Lakh
EBITDA margin -4.2%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹10.4 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
21
Provident fund records
Directors on board
4
As per MCA filings
About Solbuggy Connect Private Limited
Data last updated:
Solbuggy Connect Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 26 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC093631. Its GSTIN is 29AAXCS1211K1ZX (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10.4 Lakh. It is led by directors including Vikas Manral and Guruprasad Bangle.
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 No 1176 11th Cross 22nd B Main 1st Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.27 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹15.77 Lakh (net margin -3.7%) and EBITDA of -₹18.04 Lakh (EBITDA margin -4.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 55% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SolutionBuggy.
Solbuggy Connect Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0046905). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solutionbuggy.com.
Company details
CIN U72900KA2016PTC093631
Registration Number 093631
Incorporation Date 26 May 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0046905
Recognitions & Rankings of Solbuggy Connect
Contact details
Solbuggy Connect Private Limited's registered office is in Bangalore, Karnataka. Its website is solutionbuggy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 1176 11th Cross 22nd B Main 1st Sector Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Solbuggy Connect Private Limited, buy the company report.
Comprehensive company report
Solbuggy Connect Private Limited - one report that includes everything
- 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
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Brands
Solbuggy Connect operates one associated brand: SolutionBuggy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Consulting services for manufacturing, industrial, and engineering fields are offered. | solutionbuggy.com |
Business activity
The main business activity of Solbuggy Connect is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Solbuggy Connect Private Limited, buy the company report.
Financials of Solbuggy Connect Private Limited
FY 2024 filings availableSolbuggy Connect Private Limited reported revenue of ₹4.27 Cr (down 8% YoY) for FY 2025.
Revenue · FY 2025
₹4.27 Cr ▼ 8%
Net loss · FY 2025
₹15.77 Lakh margin -3.7%
EBITDA · FY 2025
-₹18.04 Lakh margin -4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 11%
5 years · compounded
▲ 55%
EBITDA CAGR growth
1 year
▼ 158%
3 years · compounded
▲ 18%
5 years · compounded
▲ 21%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 55%. EBITDA fell 158% 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 | -₹18.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.77 Lakh | ||||
| Balance Sheet | |||||
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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 | -4.2% | ||||
| Net Profit Margin | -3.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Solbuggy Connect Private Limited, buy the company report.
Board of directors of Solbuggy Connect Private Limited
Solbuggy Connect has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Manral Also directs: Igd Defpro LLP | Director | 03 Sep 2019 | 7 Years 2 Months | Current |
| Guruprasad Bangle Also directs: Mati & Mills Private Limited | Director | 06 Mar 2023 | 3 Years 8 Months | Current |
| Pavan Narasimha Murthy Also directs: Provac Manufacturing Technologies Private Limited | Director | 11 Oct 2017 | 9 Years 0 Months | Current |
| Arjun Murthy Narasimha Also directs: Provac Manufacturing Technologies Private Limited | Director | 26 May 2016 | 10 Years 5 Months | Current |
Auditor
Solbuggy Connect Private Limited is audited by Ramesh Ashwin and Karanth for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ramesh Ashwin and Karanth | FY 2023 | 010680S |
Shareholding
The shareholding of Solbuggy Connect 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 Solbuggy Connect Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Solbuggy Connect 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 Solbuggy Connect Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solbuggy Connect Private Limited has a workforce of 21 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
-16%
GST
Solbuggy Connect has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCS1211K1ZX | Karnataka | Active | 20 Dec 2018 |
To see the full GST registrations and return filing status of Solbuggy Connect Private Limited, buy the company report.
Recent activity
Solbuggy Connect Private Limited has 10 board changes on record since 2016: 4 appointments and 6 cessations. The latest: Guruprasad Bangle ceased to be Additional Director on 29 Sep 2023.
AGM
Solbuggy Connect Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Solbuggy Connect Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Guruprasad Bangle ceased to be Additional Director.
Appointed
Guruprasad Bangle was appointed as Director.
Ceased
Vikas Manral ceased to be Additional Director.
Appointed
Vikas Manral was appointed as Director.
Ceased
Jayanthi Narayana Rao ceased to be Additional Director.
Ceased
Pavan Narasimha Murthy ceased to be Additional Director.
Ceased
Chaya Mukund ceased to be Additional Director.
Ceased
Mukunda Naib ceased to be Director.
Appointed
Pavan Narasimha Murthy was appointed as Director.
Appointed
Arjun Murthy Narasimha was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Solbuggy Connect is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 26 May 2016 (10+ years old) and is registered under CIN U72900KA2016PTC093631.
Solbuggy Connect has 4 current directors:
- Vikas Manral - Director
- Guruprasad Bangle - Director
- Pavan Narasimha Murthy - Director
- Arjun Murthy Narasimha - Director
The latest financial statements of Solbuggy Connect 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 FY 2017 are in the company report.
The GSTIN of Solbuggy Connect is 29AAXCS1211K1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Solbuggy Connect is U72900KA2016PTC093631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solbuggy Connect was incorporated on 26 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Guruprasad Bangle ceased to be Additional Director on 29 Sep 2023. Guruprasad Bangle was appointed as Director on 06 Mar 2023. Vikas Manral ceased to be Additional Director on 27 Sep 2019. Solbuggy Connect has 10 board changes on record in total.
Yes, Solbuggy Connect is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0046905).
Solbuggy Connect can be reached through the website solutionbuggy.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Solbuggy Connect is at No 1176 11th Cross 22nd B Main 1st Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
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