Solveig Lifesciences Private Limited
About Solveig Lifesciences Private Limited
Data last updated:
Solveig Lifesciences Private Limited is a private limited company based in Wardha, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 17 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U74900MH2016PTC273198. Its GSTIN is 27AAWCS7740L1ZE (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Vyankati Champatrao Wagh (Managing Director) and Shailesh Madhukarrao Dagwar (Whole-Time Director).
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 Fla Campus Extended MIDC Karanja, Wardha, Maharashtra, India – 442203.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.11 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹12.31 Lakh (net margin 5.8%) and EBITDA of ₹33.09 Lakh (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 6% over five years.
As per MCA filings, the company has satisfied charges of ₹10.48 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Solveig Lifesciences Private Limited's registered office is in Wardha, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFla Campus Extended MIDC Karanja, Wardha, Maharashtra, India – 442203
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Solveig Lifesciences Private Limited, buy the company report.
- 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
Business activity
The main business activity of Solveig Lifesciences is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Solveig Lifesciences Private Limited, buy the company report.
Financials of Solveig Lifesciences Private Limited
FY 2025 filings availableSolveig Lifesciences Private Limited reported revenue of ₹2.11 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 15% growth in the latest year. EBITDA rose 25% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹33.09 Lakh | ||||
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| Net Profit (PAT) | ₹12.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 15.7% | ||||
| Net Profit Margin | 5.8% | ||||
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To see the full financial statements and ratios of Solveig Lifesciences Private Limited, buy the company report.
Board of directors of Solveig Lifesciences Private Limited
Solveig Lifesciences has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vyankati Champatrao Wagh Also directs: Solvey Formulations Private Limited | Managing Director | 29 Sep 2018 | 8 Years 1 Months | Current |
| Sunanda Vyankatrao Wagh Also directs: Solvey Formulations Private Limited | Director | 08 Jun 2022 | 4 Years 5 Months | Current |
| Bhopesh Wagh | Director | 05 Jun 2025 | 1 Years 5 Months | Current |
| Shailesh Madhukarrao Dagwar | Whole-Time Director | 12 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Solveig Lifesciences Private Limited is audited by V A P & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V A P & ASSOCIATES | FY 2021 | 138722W |
Shareholding
The shareholding of Solveig Lifesciences Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solveig Lifesciences Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2020 | 100363776 | Others | ₹3.48 Lakh | Satisfied | |
| 19 Jan 2019 | 100237518 | Others | ₹7 Lakh | Satisfied |
To see the full charge records of Solveig Lifesciences Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Solveig Lifesciences 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 Solveig Lifesciences Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solveig Lifesciences has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAWCS7740L1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solveig Lifesciences Private Limited, buy the company report.
Recent activity
Solveig Lifesciences Private Limited has 13 board changes on record since 2017: 4 appointments and 9 cessations. The latest: Bhopesh Wagh was appointed as Director on 05 Jun 2025.
8 earlier events are in the company report.
Frequently asked questions
Solveig Lifesciences is an active private limited company based in Wardha, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 17 February 2016 (10+ years old) and is registered under CIN U74900MH2016PTC273198.
Solveig Lifesciences has 4 current directors:
- Vyankati Champatrao Wagh - Managing Director
- Shailesh Madhukarrao Dagwar - Whole-Time Director
- Sunanda Vyankatrao Wagh - Director
- Bhopesh Wagh - Director
The latest financial statements of Solveig Lifesciences on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Solveig Lifesciences is 27AAWCS7740L1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Solveig Lifesciences is U74900MH2016PTC273198. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solveig Lifesciences was incorporated on 17 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Nagpur.
Bhopesh Wagh was appointed as Director on 05 Jun 2025. Bhopesh Wagh ceased to be Additional Director on 30 Sep 2022. Hemant Vyankatrao Wagh ceased to be Director on 08 Jun 2022. Solveig Lifesciences has 13 board changes on record in total.
The registered office of Solveig Lifesciences is at Fla Campus Extended MIDC Karanja, Wardha, Maharashtra, India – 442203.
Solveig Lifesciences operates in the pharma industry, in the drug formulation and development segment.
Solveig Lifesciences has no open charges and satisfied charges of ₹10.48 Lakh as per latest MCA filings.
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