Startup India Government of India
Solvation India Private Limited - information technology in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2025
₹2.17 Cr
▲ 106% YoY
Net profit · FY 2025
₹17.67 Lakh
Net margin 8.2%
EBITDA · FY 2025
₹25.01 Lakh
EBITDA margin 11.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹13.89 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Solvation India Private Limited
Data last updated:
Solvation India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 January 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2022PTC148942.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.89 Lakh. It is led by directors Abhi Mukundan and Mukunth Kasthurirangan.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.17 Cr, a growth of 106% compared to the previous year. For the same year it recorded a net profit of ₹17.67 Lakh (net margin 8.2%) and EBITDA of ₹25.01 Lakh (EBITDA margin 11.5%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solvation.llc.
Company details
CIN U72900TN2022PTC148942
Registration Number 148942
Incorporation Date 03 January 2022
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Solvation India
Contact details
Solvation India Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressDbs Business Center Dbs House, 31A Cathedral Garden Road Badrikari Tirumurthy Nagar, Chennai, Tamil Nadu, India – 600034
- IndustryInformation Technology, Application Development & Software Solutions
Comprehensive company report
Solvation 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 Solvation India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Solvation India Private Limited, buy the company report.
Financials of Solvation India Private Limited
FY 2025 filings availableSolvation India Private Limited reported revenue of ₹2.17 Cr (up 106% YoY) for FY 2025.
Revenue · FY 2025
₹2.17 Cr ▲ 106%
Net profit · FY 2025
₹17.67 Lakh margin 8.2%
EBITDA · FY 2025
₹25.01 Lakh margin 11.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 106%
EBITDA CAGR growth
1 year
▲ 478%
Revenue rose 106% in the latest year. EBITDA rose 478% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹25.01 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹17.67 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Inventories | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.5% | |||
| Net Profit Margin | 8.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Solvation India Private Limited, buy the company report.
Board of directors of Solvation India Private Limited
Solvation India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhi Mukundan | Director | 03 Jan 2022 | 4 Years 10 Months | Current |
| Mukunth Kasthurirangan | Director | 03 Jan 2022 | 4 Years 10 Months | Current |
Peer comparison
Solvation India Private Limited is compared with the 3 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ipcos Poe Engineering Solutions Private Limited | ₹2.17 Cr (FY 2025) | -21.0% | Pune, Maharashtra, India | |||
| Solvation India Private Limitedthis company | ₹2.17 Cr (FY 2025) | ₹17.67 Lakh | 8.2% | 106.0% | Chennai, Tamil Nadu, India | |
| Spol Innovations Private Limited | ₹2.16 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Techterrain Consulting Private Limited | ₹2.16 Cr (FY 2025) | -36.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Solvation India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Solvation India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solvation 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 Solvation India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Solvation India Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Abhi Mukundan was appointed as Director on 03 Jan 2022.
AGM
Solvation India Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Filing
Solvation India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Abhi Mukundan was appointed as Director.
Appointed
Mukunth Kasthurirangan was appointed as Director.
Incorporation
03 Jan 2022
Solvation India Private Limited was registered on 03 Jan 2022 with Roc Chennai & aged 4 years 10 months as per MCA records.
Frequently asked questions
Solvation India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 January 2022 (4+ years old) and is registered under CIN U72900TN2022PTC148942.
Solvation India has 2 current directors:
- Abhi Mukundan - Director
- Mukunth Kasthurirangan - Director
The latest financial statements of Solvation India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Solvation India is U72900TN2022PTC148942. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solvation India was incorporated on 03 January 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Solvation India by revenue are Ipcos Poe Engineering Solutions Private Limited, Spol Innovations Private Limited, Techterrain Consulting Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Abhi Mukundan was appointed as Director on 03 Jan 2022. Mukunth Kasthurirangan was appointed as Director on 03 Jan 2022.
Yes, Solvation India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Solvation India can be reached through the website solvation.llc. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Solvation India is at Dbs Business Center Dbs House, 31A Cathedral Garden Road Badrikari Tirumurthy Nagar, Chennai, Tamil Nadu, India – 600034.
Solvation India operates in the information technology industry, in the application development and software solutions segment.
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