MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0121262
Solitude Technologies Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.67 Cr
▲ 2% YoY
Net profit · FY 2024
₹20.99 Lakh
Net margin 3.1%
EBITDA · FY 2024
₹55.85 Lakh
EBITDA margin 8.4%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹26 Lakh
Issued & subscribed
Open charges
₹1.87 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
17
Provident fund records
About Solitude Technologies Private Limited
Data last updated:
Solitude Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 02 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC099567. Its GSTIN is 29AAYCS1615E1Z1 (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors including Chandrashekar Ramegowda Devalapura and Mahadevapuraraghavendra Raoprakash.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.67 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹20.99 Lakh (net margin 3.1%) and EBITDA of ₹55.85 Lakh (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 47% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.87 Cr on record.
Solitude Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0121262). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solitudetech.com.
Company details
CIN U74999KA2017PTC099567
Registration Number 099567
Incorporation Date 02 February 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0121262
Key People
Chandrashekar Ramegowda Devalapura Director Mahadevapuraraghavendra Raoprakash Director Satish Pinninti Kumar Director Recognitions & Rankings of Solitude Technologies
Contact details
Solitude Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is solitudetech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.3B/415/8 KIADB Main Road 1st Stage 2nd Phase Peenya Industrial, Area, Bangalore, Karnataka, India – 560058
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Solitude Technologies Private Limited, buy the company report.
Comprehensive company report
Solitude Technologies 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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Business activity
The main business activity of Solitude Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Solitude Technologies Private Limited, buy the company report.
Financials of Solitude Technologies Private Limited
FY 2024 filings availableSolitude Technologies Private Limited reported revenue of ₹6.67 Cr (up 2% YoY) for FY 2024.
Revenue · FY 2024
₹6.67 Cr ▲ 2%
Net profit · FY 2024
₹20.99 Lakh margin 3.1%
EBITDA · FY 2024
₹55.85 Lakh margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 24%
5 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▼ 54%
3 years · compounded
▲ 3%
5 years · compounded
▲ 46%
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 2% growth in the latest year. EBITDA fell 54% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹55.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.99 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Solitude Technologies Private Limited, buy the company report.
Board of directors of Solitude Technologies Private Limited
Solitude Technologies has 3 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 |
|---|---|---|---|---|
| Chandrashekar Ramegowda Devalapura Also directs: Cloudwave Plastics Private Limited, Cloud Wave Technologies Private Limited, Proconekt Interconnection Private Limited and 2 more | Director | 02 Feb 2017 | 9 Years 9 Months | Current |
| Mahadevapuraraghavendra Raoprakash | Director | 02 Feb 2017 | 9 Years 9 Months | Current |
| Satish Pinninti Kumar Also directs: Cloudwave Plastics Private Limited, Cloud Wave Technologies Private Limited, Proconekt Interconnection Private Limited and 2 more | Director | 02 Feb 2017 | 9 Years 9 Months | Current |
Auditor
Solitude Technologies Private Limited is audited by HARISH BASAVARAJ AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISH BASAVARAJ AND CO | FY 2023 | 013098S |
Shareholding
The shareholding of Solitude Technologies 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 Solitude Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.87 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2022 | 100592883 | Axis Bank Limited | ₹1 Cr | Open | |
| 31 Dec 2021 | 100519669 | Axis Bank Limited | ₹40.12 Lakh | Open | |
| 02 Aug 2017 | 100116280 | Canara Bank | ₹46.41 Lakh | Open |
To see the full charge records of Solitude Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Solitude Technologies 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 Solitude Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solitude Technologies Private Limited has a workforce of 17 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
21.43%
GST
Solitude Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCS1615E1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solitude Technologies Private Limited, buy the company report.
Recent activity
Solitude Technologies Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Virupaxappa Mallappa Somannavar ceased to be Director on 22 Oct 2019.
AGM
Solitude Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
Filing
Solitude Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100592883 was registered on 09 Jul 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 40.12 Lakh with Charge ID 100519669 was registered on 31 Dec 2021.
Charges
A charge with Canara Bank of Rs. 46.41 Lakh registered on 02 Aug 2017 with Charge ID 100116280 was modified on 03 Mar 2021.
Ceased
Virupaxappa Mallappa Somannavar ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 46.41 Lakh with Charge ID 100116280 was registered on 02 Aug 2017.
Appointed
Chandrashekar Ramegowda Devalapura was appointed as Director.
Appointed
Mahadevapuraraghavendra Raoprakash was appointed as Director.
Appointed
Satish Pinninti Kumar was appointed as Director.
Incorporation
02 Feb 2017
Solitude Technologies Private Limited was registered on 02 Feb 2017 with Roc Bangalore & aged 9 years 9 months as per MCA records.
Frequently asked questions
Solitude Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 02 February 2017 (9+ years old) and is registered under CIN U74999KA2017PTC099567.
Solitude Technologies has 3 current directors:
- Chandrashekar Ramegowda Devalapura - Director
- Mahadevapuraraghavendra Raoprakash - Director
- Satish Pinninti Kumar - Director
The latest financial statements of Solitude Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Solitude Technologies is 29AAYCS1615E1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Solitude Technologies is U74999KA2017PTC099567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solitude Technologies was incorporated on 02 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Virupaxappa Mallappa Somannavar ceased to be Director on 22 Oct 2019. Chandrashekar Ramegowda Devalapura was appointed as Director on 02 Feb 2017. Mahadevapuraraghavendra Raoprakash was appointed as Director on 02 Feb 2017. Solitude Technologies has 4 board changes on record in total.
Yes, Solitude Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0121262).
Solitude Technologies can be reached through the website solitudetech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Solitude Technologies is at No.3B4158 KIADB Main Road 1st Stage 2nd Phase Peenya Industrial, Area, Bangalore, Karnataka, India – 560058.
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