About Solutionec Private Limited
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Solutionec Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Solutionec. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019FTC127346. Its GSTIN is 29ABCCS5451K1ZY (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajith Gopi and Muhammed Rafeek Mannantaka.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6th Floor Summit Tower A Brigade Metropolis, Garudachar Palya Mahadevapura Bangalore Karnataka, Karnataka, India – 560048.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.72 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Cr (net margin 8.4%) and EBITDA of ₹4.36 Cr (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 80% over five years.
The company has about 106 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Solutionec.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solutionec.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address6th Floor Summit Tower A Brigade Metropolis, Garudachar Palya Mahadevapura Bangalore Karnataka, Karnataka, India – 560048
- IndustryInformation Technology, IT Consulting & Support 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
Associated Brands with Solutionec Private Limited
Solutionec operates one associated brand: Solutionec. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides business intelligence, analytics, and data science solutions for healthcare industries globally. | solutionec.com |
Business Activity of Solutionec Private Limited
The main business activity of Solutionec is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Solutionec Private Limited FY 2025 filings available
Solutionec Private Limited reported revenue of ₹33.72 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Solutionec Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 30% growth in the latest year. EBITDA rose 28% 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 Solutionec 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 | ₹4.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.84 Cr | •••• | •••• | •••• | •••• |
| 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 Solutionec Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.4% | •••• | •••• | •••• | •••• |
| 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 Solutionec are in the company report.
Financial statements from FY 2020
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.
Board of Directors of Solutionec Private Limited
Solutionec has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajith Gopi | Director | 26 Aug 2019 | 7 Years 1 Months | Current |
| Muhammed Rafeek Mannantaka | Director | 26 Aug 2019 | 7 Years 1 Months | Current |
Peer Comparison of Solutionec Private Limited
Solutionec Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Contata Solutions Private Limited | ₹33.82 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Geojit Technologies Private Limited | ₹33.77 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Kochi, Kerala, India |
| Blue Altair India Private Limited | ₹33.76 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Pune, Maharashtra, India |
| Seleccion Consulting Private Limited | ₹33.76 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Hyderabad, Telangana, India |
| Response Informatics Limited Listed | ₹33.72 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Solutionec Private Limited this company | ₹33.72 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Bangalore, Karnataka, India |
| Silverline Technologies Limited Listed | ₹33.71 Cr (FY 2025) | •••• | •••• | 1857.0% | •••• | Thane, Maharashtra, India |
| Petrus Technologies Private Limited | ₹33.69 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Coimbatore, Tamil Nadu, India |
| KR Elixir Private Limited | ₹33.64 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Cuttack, Odisha, India |
| Sis Software (India) Private Limited | ₹33.61 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Hyderabad, Telangana, India |
| Inferenz Tech Private Limited | ₹33.6 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Solutionec by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Solutionec Private Limited
Solutionec Private Limited is audited by Jain S N & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jain S N & Co | 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.
Ownership and Shareholding of Solutionec 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 Solutionec Private Limited
Solutionec Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Solutionec Private Limited
Solutionec Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment 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 |
|---|---|---|---|
| Flipspaces Technology Labs Private Limited | •••• | •••• | •••• |
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.
Employees and EPFO Compliance at Solutionec Private Limited
Solutionec Private Limited has a workforce of 106 employees as of Apr 08, 2024.
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 Solutionec Private Limited
Solutionec Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ajith Gopi was appointed as Director on 26 Aug 2019.
Credit Ratings, Litigation & Regulatory Alerts for Solutionec 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 Solutionec 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 Solutionec Private Limited
Solutionec has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABCCS5451K1ZY | Karnataka | Active | 29 Jan 2020 |
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 Solutionec 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.
Frequently Asked Questions about Solutionec Private Limited
Solutionec is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 August 2019 (7+ years old) and is registered under CIN U74999KA2019FTC127346.
Solutionec reported revenue of ₹33.72 Cr for FY 2025 (up 30% YoY).
Solutionec has 2 current directors:
- Ajith Gopi - Director
- Muhammed Rafeek Mannantaka - Director
Solutionec reported a net profit of ₹2.84 Cr (net margin 8.4%) and EBITDA of ₹4.36 Cr (EBITDA margin 12.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solutionec is 36% over three years and 80% over five years. In the latest year (FY 2025) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solutionec is 29ABCCS5451K1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Solutionec is U74999KA2019FTC127346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solutionec was incorporated on 26 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Solutionec by revenue are Contata Solutions Private Limited, Geojit Technologies Private Limited, Blue Altair India Private Limited, Seleccion Consulting Private Limited, Response Informatics Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Ajith Gopi was appointed as Director on 26 Aug 2019. Muhammed Rafeek Mannantaka was appointed as Director on 26 Aug 2019.
Solutionec has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 04 Nov 2023.
Solutionec can be reached through the website solutionec.com. Its registered office is in Bangalore, Karnataka, India.