Solulever India Private Limited

Solulever India Private Limited - information technology in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U72900UP2019FTC121353 Incorporated 18 September 2019 ROC Kanpur HQ Noida, Uttar Pradesh, India
Active Foreign Private Limited Company information technology MSME
Data last updated
Revenue · FY 2024
₹11.89 Cr
▲ 46% YoY
Net profit · FY 2024
₹57.87 Lakh
Net margin 4.9%
EBITDA · FY 2024
₹1.01 Cr
EBITDA margin 8.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
45
Provident fund records
Directors on board
2
As per MCA filings

About Solulever India Private Limited

Data last updated:

Solulever India Private Limited is a foreign private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Solulever B.V. Netherland. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 September 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2019FTC121353. Its GSTIN is 09ABCCS6499P1Z8 (Uttar Pradesh).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arun Rahul Garg and Ashish Garg.

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 1st Floor Plot No. 7 Ihdp Business Park Sector 127, Noida, Uttar Pradesh, India – 201304.

As per the financials filed for FY 2024, the company reported a revenue of ₹11.89 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹57.87 Lakh (net margin 4.9%) and EBITDA of ₹1.01 Cr (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years.

The company has about 45 employees on its provident fund (EPFO) records.

Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

Solulever India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0028729). For more details, the company can be reached via its website solulever.com.

Company details

CIN U72900UP2019FTC121353
Registration Number 121353
Incorporation Date 18 September 2019
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Solulever B.V. Netherland
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0028729

Recognitions & Rankings of Solulever India

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-UP-28-0028729

Contact details

Solulever India Private Limited's registered office is in Noida, Uttar Pradesh. Its website is solulever.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    1st Floor Plot No. 7 Ihdp Business Park Sector 127, Noida, Uttar Pradesh, India – 201304
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Solulever India Private Limited, buy the company report.

Comprehensive company report
Solulever India 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 Solulever India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

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

Financials of Solulever India Private Limited

FY 2024 filings available

Solulever India Private Limited reported revenue of ₹11.89 Cr (up 46% YoY) for FY 2024.

Revenue · FY 2024
₹11.89 Cr ▲ 46%
Net profit · FY 2024
₹57.87 Lakh margin 4.9%
EBITDA · FY 2024
₹1.01 Cr margin 8.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 56%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 57%

Revenue has grown at a compounded annual rate (CAGR) of 56% over three years, including 46% growth in the latest year. EBITDA rose 16% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.01 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹57.87 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.5%
Net Profit Margin4.9%
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 Solulever India Private Limited, buy the company report.

Board of directors of Solulever India Private Limited

Solulever India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arun Rahul GargDirector18 Sep 20197 Years 1 MonthsCurrent
Ashish GargDirector24 Sep 20224 Years 1 MonthsCurrent

Peer comparison

Solulever India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Veracity Systems Surveillance Private Limited₹11.93 Cr (FY 2024)45.0%Delhi, India
Relate Infotech Private Limited₹11.92 Cr (FY 2025)3.0%Kolkata, West Bengal, India
Ie3 Innovations Private Limited₹11.92 Cr (FY 2025)12.0%New Delhi, Delhi, India
Jupiter Software & Systems Private Limited₹11.92 Cr (FY 2025)-3.0%Jamshedpur, Jharkhand, India
FNLK Development Private Limited₹11.9 Cr (FY 2025)19.0%Bangalore, Karnataka, India
Solulever India Private Limitedthis company₹11.89 Cr (FY 2024)₹57.87 Lakh4.9%46.0%45Noida, Uttar Pradesh, India
Startech Software Private Limited₹11.89 Cr (FY 2025)28.0%Bhopal, Madhya Pradesh, India
Confianz Information Technologies Private Limited₹11.89 Cr (FY 2024)51.0%Thiruvananthapuram, Kerala, India
Elegant Business Solutions Private Limited₹11.89 Cr (FY 2024)-26.0%New Delhi, Delhi, India
Perscitus Solutions Private Limited₹11.87 Cr (FY 2025)27.0%Pune, Maharashtra, India
Qurhealth Solutions India Private Limited₹11.84 Cr (FY 2024)-23.0%Chennai, Tamil Nadu, India

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

Auditor

Solulever India Private Limited is audited by S R KAPUR & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S R KAPUR & COFY 2023001074N

Shareholding

The shareholding of Solulever India Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Solulever India Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Solulever India Private Limited has a workforce of 45 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
45
Active EPFO establishments
1
Employee growth
45.16%

GST

Solulever India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09ABCCS6499P1Z8Uttar PradeshActive27 Dec 2019

To see the full GST registrations and return filing status of Solulever India Private Limited, buy the company report.

Recent activity

Solulever India Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Jitesh Kohli ceased to be Director on 20 Jul 2023.

AGM
Solulever India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Solulever India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Ceased
Jitesh Kohli ceased to be Director.
Ceased
Ashish Garg ceased to be Additional Director.
Appointed
Ashish Garg was appointed as Director.
Ceased
Ajit Kumar Sabharwal ceased to be Director.
Ceased
Rajat Sabharwal ceased to be Director.
Appointed
Arun Rahul Garg was appointed as Director.
Incorporation
18 Sep 2019
Solulever India Private Limited was registered on 18 Sep 2019 with Roc Kanpur & aged 7 years 1 month as per MCA records.

Frequently asked questions

Solulever India is an active foreign private limited company based in Noida, Uttar Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 September 2019 (7+ years old) and is registered under CIN U72900UP2019FTC121353.

Solulever India has 2 current directors:

The latest financial statements of Solulever India 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 2020 are in the company report.

The GSTIN of Solulever India is 09ABCCS6499P1Z8, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Solulever India is U72900UP2019FTC121353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solulever India has 1 court case on record: 1 filed by the company. 1 is pending.

Solulever India was incorporated on 18 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kanpur.

The peers of Solulever India by revenue are Veracity Systems Surveillance Private Limited, Relate Infotech Private Limited, Ie3 Innovations Private Limited, Jupiter Software & Systems Private Limited, FNLK Development Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).

Jitesh Kohli ceased to be Director on 20 Jul 2023. Ashish Garg ceased to be Additional Director on 30 Sep 2022. Ashish Garg was appointed as Director on 24 Sep 2022. Solulever India has 6 board changes on record in total.

Yes, Solulever India is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0028729).

Solulever India can be reached through the website solulever.com. Its registered office is in Noida, Uttar Pradesh, India.