About Solvative Private Limited
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Solvative Private Limited is a private limited company based in Ahmadabad City, Gujarat, India. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 11 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93000GJ2017PTC095074. Its GSTIN is 24AAACQ4528N1Z8 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Viral Girishbhai Agrawal and Bhardik Piyushkumar Patel.
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 Ahmadabad City, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.32 Cr. For the same year it recorded a net profit of ₹3.86 Lakh (net margin 0.9%) and EBITDA of ₹9.05 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 98% over five years.
The company is associated with 1 brand: Quark Studios.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quarkstudios.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC 606 607 Stratum At Venus Ground, Satellite Road, Ahmadabad City, Gujarat, India – 380015
- IndustryEngineering, Engineering Components Retail & Distribution
- 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
Financials of Solvative Private Limited FY 2024 filings available
Solvative Private Limited reported revenue of ₹4.32 Cr for FY 2022.
Compounded Annual Growth Rate (CAGR) of Solvative Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 98% over five years. 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 Solvative Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.32 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.05 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.86 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 Solvative Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Solvative are in the company report.
Financial statements from FY 2017
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.
Auditor Details of Solvative Private Limited
Solvative Private Limited is audited by NITIN P METHA AND CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NITIN P METHA AND 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 Solvative Private Limited
Solvative has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viral Girishbhai Agrawal Also directs: Solve Forward Health Private Limited | Director | 11 Jan 2017 | 9 Years 8 Months | Current |
| Bhardik Piyushkumar Patel Also directs: Solve Forward Health Private Limited | Director | 11 Jan 2017 | 9 Years 8 Months | Current |
| Kunjan M Shah Also directs: Solve Forward Health Private Limited | Director | 11 Jan 2017 | 9 Years 8 Months | Current |
Ownership and Shareholding of Solvative 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 Solvative Private Limited
Solvative Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Solvative Private Limited
Solvative operates one associated brand: Quark Studios. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides digital design and development services across various industries worldwide. | quarkstudios.com |
Employees and EPFO Compliance at Solvative Private Limited
Employment history and EPFO contributions of people linked to Solvative.
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 Solvative Private Limited
Solvative Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Bhardik Piyushkumar Patel was appointed as Director on 11 Jan 2017.
Credit Ratings, Litigation & Regulatory Alerts for Solvative 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 Solvative 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 Solvative 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 Solvative Private Limited
Solvative has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACQ4528N1Z8 | Gujarat | Active | 31 May 2021 |
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 Solvative 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 Solvative Private Limited
Solvative is an active private limited company based in Ahmadabad City, Gujarat, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 11 January 2017 (9+ years old) and is registered under CIN U93000GJ2017PTC095074.
Solvative reported revenue of ₹4.32 Cr for FY 2022.
Solvative has 3 current directors:
- Viral Girishbhai Agrawal - Director
- Bhardik Piyushkumar Patel - Director
- Kunjan M Shah - Director
Solvative reported a net profit of ₹3.86 Lakh (net margin 0.9%) and EBITDA of ₹9.05 Lakh (EBITDA margin 2.1%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solvative is 98% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solvative is 24AAACQ4528N1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Solvative is U93000GJ2017PTC095074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solvative was incorporated on 11 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bhardik Piyushkumar Patel was appointed as Director on 11 Jan 2017. Kunjan M Shah was appointed as Director on 11 Jan 2017. Viral Girishbhai Agrawal was appointed as Director on 11 Jan 2017.
Solvative can be reached through the website quarkstudios.com. Its registered office is in Ahmadabad City, Gujarat, India.