About Solulab Private Limited
Data last updated:
Solulab Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 12 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2014PTC081221. Its GSTIN is 24AAACZ7925N2ZR (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It was formerly known as Zuriy Marketplace Private Limited. It is led by directors Chintan Mahendra Thakkar and Rajat Rameshchandra Lala.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.4 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹72.58 Lakh (net margin 4.7%) and EBITDA of ₹1.37 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 15% over five years.
The company is associated with 1 brand: SoluLab.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solulab.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address816 Times Square Arcade Opp. Rambaug Nr. Ravija Plaza Thaltej – Shilaj Road T, Haltej, Ahmedabad, Gujarat, India – 380059
- IndustryTravel and Hospitality, Consumer Professional Services
- 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
- One PDF report, delivered after checkout
Business Activity of Solulab Private Limited
The main business activity of Solulab is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
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 Solulab Private Limited FY 2024 filings available
Solulab Private Limited reported revenue of ₹15.4 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Solulab Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 18% growth in the latest year. EBITDA rose 119% 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 of Solulab Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹72.58 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 Solulab Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 Solulab are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Solulab Private Limited
Solulab Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NTRM Interiors Private Limited | ₹15.44 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Pune, Maharashtra, India |
| JS Assignments Private Limited | ₹15.44 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Vadodara, Gujarat, India |
| Red Peach Innovations India Private Limited | ₹15.41 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Gurugram, Haryana, India |
| KNGD Mart Private Limited | ₹15.41 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bharatpur, Rajasthan, India |
| Parushni Interior Designs Private Limited | ₹15.41 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | New Delhi, Delhi, India |
| Solulab Private Limited this company | ₹15.4 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Ahmedabad, Gujarat, India |
| BTW Visa Services (India) Private Limited | ₹15.36 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
| Malchand Trade Resources Private Limited | ₹15.36 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Mumbai, Maharashtra, India |
| Safess Quality Management Private Limited | ₹15.35 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Eurofins Advinus Discovery Services Private Limited | ₹15.34 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Bengaluru, Karnataka, India |
| KBNK Design Build Private Limited | ₹15.33 Cr (FY 2025) | •••• | •••• | 1836.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Solulab by revenue in the Consumer Services industry (Professional Services), 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 Solulab Private Limited
Solulab Private Limited is audited by SIMAL MEHTA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SIMAL MEHTA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Solulab Private Limited
Solulab has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintan Mahendra Thakkar Also directs: Optymize Sourcing Private Limited, Velocity Invoice Private Limited, Sliceup Property Management Private Limited and 2 more | Director | 12 Nov 2014 | 11 Years 11 Months | Current |
| Rajat Rameshchandra Lala Also directs: Optymize Sourcing Private Limited, Velocity Invoice Private Limited, Sliceup Property Management Private Limited and 2 more | Director | 12 Nov 2014 | 11 Years 11 Months | Current |
Ownership and Shareholding of Solulab Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Solulab Private Limited
Solulab Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Solulab Private Limited
Solulab Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Solulab Private Limited
Solulab operates one associated brand: SoluLab. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides custom software application development services tailored to client needs. | solulab.com |
Employees and EPFO Compliance at Solulab Private Limited
Employment history and EPFO contributions of people linked to Solulab.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Solulab Private Limited
Solulab Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Chintan Mahendra Thakkar was appointed as Director on 12 Nov 2014.
Credit Ratings, Litigation & Regulatory Alerts for Solulab Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Solulab Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Solulab Private Limited
Solulab has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACZ7925N2ZR | Gujarat | Active | 22 Aug 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Solulab Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Solulab Private Limited
Frequently Asked Questions about Solulab Private Limited
Solulab is an active private limited company based in Ahmedabad, Gujarat, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 12 November 2014 (12+ years old) and is registered under CIN U74999GJ2014PTC081221.
Solulab reported revenue of ₹15.4 Cr for FY 2025 (up 18% YoY).
Solulab has 2 current directors:
- Chintan Mahendra Thakkar - Director
- Rajat Rameshchandra Lala - Director
Solulab reported a net profit of ₹72.58 Lakh (net margin 4.7%) and EBITDA of ₹1.37 Cr (EBITDA margin 8.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solulab is -7% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solulab is 24AAACZ7925N2ZR, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Solulab is U74999GJ2014PTC081221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solulab was incorporated on 12 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Solulab by revenue are NTRM Interiors Private Limited, JS Assignments Private Limited, Red Peach Innovations India Private Limited, KNGD Mart Private Limited, Parushni Interior Designs Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Chintan Mahendra Thakkar was appointed as Director on 12 Nov 2014. Rajat Rameshchandra Lala was appointed as Director on 12 Nov 2014.
Solulab has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.
Solulab can be reached through the website solulab.com. Its registered office is in Ahmedabad, Gujarat, India.