About Solutions Enterprise Private Limited
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Solutions Enterprise Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72500GJ2008PTC052605. Its GSTIN is 24AALCS6267P1ZJ (Gujarat). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹75,000. It was formerly known as It Action (India) Private Limited. It is led by directors Pratik Chandrakant Patel and Kshitij Manubhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 402 Pashwanath Esquare Corporate Road Nr. Prahladnagar Garden Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2023, the company reported a revenue of ₹45.55 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹6.62 Cr (net margin 14.5%) and EBITDA of ₹8.63 Cr (EBITDA margin 19%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 31% over five years.
The company has about 62 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Solutions Enterprise. As per MCA filings, the company has open charges of ₹1.75 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sepl.net.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address402 Pashwanath Esquare Corporate Road Nr. Prahladnagar Garden Satellite, Ahmedabad, Gujarat, India – 380015
- 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
Business Activity of Solutions Enterprise Private Limited
The main business activity of Solutions Enterprise is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc. and other information & communication service activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
| J | Information and communication | J8 | Other information & communication service 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 Solutions Enterprise Private Limited FY 2023 filings available
Solutions Enterprise Private Limited reported revenue of ₹45.55 Cr (up 63% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Solutions Enterprise Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 63% growth in the latest year. EBITDA rose 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 of Solutions Enterprise Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹8.63 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.62 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Solutions Enterprise Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.5% | •••• | •••• | •••• | •••• |
| 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 Solutions Enterprise 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 Solutions Enterprise Private Limited
Solutions Enterprise Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radix Cyber Intelligence Private Limited | ₹46.41 Cr (FY 2025) | •••• | •••• | 192.0% | •••• | Ahmedabad, Gujarat, India |
| Ikanos Communications (India) Private Limited | ₹46.32 Cr (FY 2016) | •••• | •••• | 18.0% | •••• | Bangalore, Karnataka, India |
| Quotient Technology India Private Limited | ₹46.17 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Bangalore, Karnataka, India |
| Spine Technologies (India) Private Limited | ₹45.83 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Uworld (India) Private Limited | ₹45.77 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Hyderabad, Telangana, India |
| Solutions Enterprise Private Limited this company | ₹45.55 Cr (FY 2023) | •••• | •••• | 63.0% | •••• | Ahmedabad, Gujarat, India |
| Ftei India Private Limited | ₹45.29 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Gurgugram, Haryana, India |
| Delmon Solutions Private Limited | ₹45.2 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Pune, Maharashtra, India |
| Keygenes Security Private Limited | ₹45 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Dombivali, Maharashtra, India |
| Veritasource Private Limited | ₹44.81 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | New Delhi, Delhi, India |
| Billennium India Private Limited | ₹44.76 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Solutions Enterprise 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. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Solutions Enterprise Private Limited
Solutions Enterprise Private Limited is audited by AJAY J. SHAH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AJAY J. SHAH & 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.
Board of Directors of Solutions Enterprise Private Limited
Solutions Enterprise has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Chandrakant Patel Also directs: IT Action Gujarat Private Limited, Solutions Outsourcing Private Limited, Nextgen Clearing Private Limited and 1 more | Director | 08 Jan 2008 | 18 Years 9 Months | Current |
| Kshitij Manubhai Patel Also directs: IT Action Gujarat Private Limited, Solutions Outsourcing Private Limited, Manubhai & Shah LLP and 5 more | Director | 08 Jan 2008 | 18 Years 9 Months | Current |
Ownership and Shareholding of Solutions Enterprise 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 Solutions Enterprise Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2024 | Others | ₹40 Lakh | Open |
| 29 May 2023 | Others | ₹1.35 Cr | Open |
Total charge records: 2 View all charges
Associated Brands with Solutions Enterprise Private Limited
Solutions Enterprise operates one associated brand: Solutions Enterprise. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive software development, consulting, and security solutions to meet diverse business needs. | sepl.net |
Employees and EPFO Compliance at Solutions Enterprise Private Limited
Solutions Enterprise Private Limited has a workforce of 62 employees as of Apr 04, 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.
Group Structure of Solutions Enterprise Private Limited
Solutions Enterprise has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Data Secure Solutions Private Limited | U72300DL2006PTC154635 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Solutions Enterprise Private Limited
Solutions Enterprise Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Kshitij Manubhai Patel was appointed as Director on 08 Jan 2008.
Credit Ratings, Litigation & Regulatory Alerts for Solutions Enterprise 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.
MSME Payment Delays by Solutions Enterprise Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Solutions Enterprise 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 Solutions Enterprise Private Limited
Solutions Enterprise has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCS6267P1ZJ | Gujarat | Active | 01 Jul 2017 |
| 27AALCS6267P1ZD | Maharashtra | Active | 01 Jul 2017 |
| 29AALCS6267P1Z9 | Karnataka | Active | 01 Jul 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 Solutions Enterprise 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 Solutions Enterprise Private Limited
Solutions Enterprise is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 January 2008 (18+ years old) and is registered under CIN U72500GJ2008PTC052605.
Solutions Enterprise reported revenue of ₹45.55 Cr for FY 2023 (up 63% YoY).
Solutions Enterprise has 2 current directors:
- Pratik Chandrakant Patel - Director
- Kshitij Manubhai Patel - Director
Solutions Enterprise reported a net profit of ₹6.62 Cr (net margin 14.5%) and EBITDA of ₹8.63 Cr (EBITDA margin 19%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solutions Enterprise is 47% over three years and 31% over five years. In the latest year (FY 2023) revenue rose 63%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solutions Enterprise is 24AALCS6267P1ZJ, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AALCS6267P1ZD (Maharashtra), 29AALCS6267P1Z9 (Karnataka).
The CIN (Corporate Identification Number) of Solutions Enterprise is U72500GJ2008PTC052605. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solutions Enterprise was incorporated on 08 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Solutions Enterprise by revenue are Radix Cyber Intelligence Private Limited, Ikanos Communications (India) Private Limited, Quotient Technology India Private Limited, Spine Technologies (India) Private Limited, Uworld (India) Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Kshitij Manubhai Patel was appointed as Director on 08 Jan 2008. Pratik Chandrakant Patel was appointed as Director on 08 Jan 2008.
Solutions Enterprise can be reached through the website sepl.net. Its registered office is in Ahmedabad, Gujarat, India.