Soloco Global India Private Limited

Soloco Global India Private Limited - information technology in Pune, Maharashtra, India. Directors, charges & compliance details.
CIN U72900PN2021FTC206049 Incorporated 12 November 2021 ROC Pune HQ Pune, Maharashtra, India
Under Liquidation Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹2.97 Cr
Latest filing
Net profit · FY 2023
₹32.87 Lakh
Net margin 11.1%
EBITDA · FY 2023
₹47.54 Lakh
EBITDA margin 16%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
5
Provident fund records
Directors on board
3
As per MCA filings

About Soloco Global India Private Limited

Data last updated:

Soloco Global India Private Limited is a foreign private limited company based in Pune, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 November 2021.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2021FTC206049.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mandar Shrikant Wagh (Irp/Rp/Liquidator) and Devendra Dattatraya Chitale.

Its last annual general meeting (AGM) was held on 30 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Fi.No.401 Aakar S.No.759/14 Near Deccan Ground Pune, Maharashtra, India – 411004.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.97 Cr. For the same year it recorded a net profit of ₹32.87 Lakh (net margin 11.1%) and EBITDA of ₹47.54 Lakh (EBITDA margin 16%).

The company has about 5 employees on its provident fund (EPFO) records.

Company details

CIN U72900PN2021FTC206049
Registration Number 206049
Incorporation Date 12 November 2021
ROC Pune
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 August 2023
Date of Balance Sheet 31 March 2023

Contact details

Soloco Global India Private Limited's registered office is in Pune, Maharashtra.

  • Registered Address
    Fi.No.401 Aakar S.No.759/14 Near Deccan Ground Pune, Maharashtra, India – 411004
  • Industry
    Information Technology, IT Consulting & Support Services
Comprehensive company report
Soloco Global India Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Soloco Global India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Soloco Global India Private Limited, buy the company report.

Financials of Soloco Global India Private Limited

FY 2023 filings available

Soloco Global India Private Limited reported revenue of ₹2.97 Cr for FY 2023.

Revenue · FY 2023
₹2.97 Cr
Net profit · FY 2023
₹32.87 Lakh margin 11.1%
EBITDA · FY 2023
₹47.54 Lakh margin 16%

Financial Statement Summary

MetricsFY 2022-23FY 2021-22
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₹47.54 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹32.87 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

MetricsFY 2022-23FY 2021-22
Profitability
EBITDA Margin16%
Net Profit Margin11.1%
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

To see the full financial statements and ratios of Soloco Global India Private Limited, buy the company report.

Board of directors of Soloco Global India Private Limited

Soloco Global India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Mandar Shrikant WaghIrp/Rp/Liquidator06 Feb 20242 Years 8 MonthsAs last reported
Devendra Dattatraya ChitaleDirector12 Nov 20214 Years 11 MonthsAs last reported
Mihir Yashwant SambhusDirector12 Nov 20214 Years 11 MonthsAs last reported

Peer comparison

Soloco Global India Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Spade Infotech Private Limited₹2.97 Cr (FY 2025)-25.0%Delhi, India
Techvaria Solutions Private Limited₹2.97 Cr (FY 2024)53.0%Bangalore, Karnataka, India
Sevenx Consulting Private Limited₹2.97 Cr (FY 2025)-53.0%Hyderabad, Telangana, India
Soloco Global India Private Limitedthis company₹2.97 Cr (FY 2023)₹32.87 Lakh11.1%Pune, Maharashtra, India
PTP Perpetual Technology Private Limited₹2.97 Cr (FY 2025)-34.0%Indiranagar, Karnataka, India
Neoarchi India Private Limited₹2.97 Cr (FY 2025)524.0%Bhubaneswar, Odisha, India
Smartrent Technologies India Private Limited₹2.97 Cr (FY 2025)193.0%Hyderabad, Telangana, India

To see the full peer comparison of Soloco Global India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Soloco Global India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Soloco Global India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Soloco Global India Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Mandar Shrikant Wagh was appointed as Irp/Rp/Liquidator on 06 Feb 2024.

Appointed
Mandar Shrikant Wagh was appointed as Irp/Rp/Liquidator.
AGM
Soloco Global India Private Limited last Annual general meeting of members was held on 30 Aug 2023 as per latest MCA records.
Filing
Soloco Global India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Ceased
Cory David Capoccia ceased to be Director.
Appointed
Devendra Dattatraya Chitale was appointed as Director.
Appointed
Mihir Yashwant Sambhus was appointed as Director.
Incorporation
12 Nov 2021
Soloco Global India Private Limited was registered on 12 Nov 2021 with Roc Pune & aged 4 years 11 months as per MCA records.

Frequently asked questions

Soloco Global India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Soloco Global India is a company under liquidation, formerly operating as a foreign private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 November 2021 and is registered under CIN U72900PN2021FTC206049. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Soloco Global India has 3 current directors:

The latest financial statements of Soloco Global India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 August 2023. Year-wise statements from FY 2022 are in the company report.

The CIN (Corporate Identification Number) of Soloco Global India is U72900PN2021FTC206049. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Soloco Global India was incorporated on 12 November 2021. It is registered with the Registrar of Companies, Pune.

The peers of Soloco Global India by revenue are Spade Infotech Private Limited, Techvaria Solutions Private Limited, Sevenx Consulting Private Limited, PTP Perpetual Technology Private Limited, Neoarchi India Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).

Mandar Shrikant Wagh was appointed as Irp/Rp/Liquidator on 06 Feb 2024. Cory David Capoccia ceased to be Director on 31 Aug 2022. Devendra Dattatraya Chitale was appointed as Director on 12 Nov 2021. Soloco Global India has 4 board changes on record in total.

The registered office of Soloco Global India is at Fi.No.401 Aakar S.No.75914 Near Deccan Ground Pune, Maharashtra, India – 411004.

Soloco Global India operates in the information technology industry, in the IT consulting and support services segment.

Soloco Global India can be reached at its registered office: Fi.No.401 Aakar S.No.75914 Near Deccan Ground Pune, Maharashtra, India – 411004.