Solver India Software Private Limited
About Solver India Software Private Limited
Data last updated:
Solver India Software Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the software segment of the printing and publishing sector. It was incorporated on 28 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72300MP2014PTC032266. Its GSTIN is 23AAUCS5447A1ZB (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ronak Garg and Kavita Garg.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.03 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Lakh (net margin 4.3%) and EBITDA of ₹2.49 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 13% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- Registered AddressG – 01 Baldeo Apartment 59 Saket Nagar Near Kumawat Dharamshal, A, Indore, Madhya Pradesh, India – 452001
- IndustryPrinting & Publishing, Software, Games, Publishing, Application Software, System Software
- 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 of Solver India Software Private Limited
The main business activity of Solver India Software 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 | 62 | 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 Solver India Software Private Limited FY 2025 filings available
Solver India Software Private Limited reported revenue of ₹35.03 Lakh (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Solver India Software Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 4% growth in the latest year. EBITDA fell 65% 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 Solver India Software Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.49 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.51 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 Solver India Software Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• | •••• | •••• |
| 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 Solver India Software 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 Solver India Software Private Limited
Solver India Software 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 |
|---|---|---|---|---|---|---|
| Prayuta Technologies Private Limited | ₹35.05 Lakh (FY 2019) | •••• | •••• | -32.0% | •••• | Hyderabad, Telangana, India |
| Advent Creation Private Limited | ₹35.05 Lakh (FY 2025) | •••• | •••• | 2657.0% | •••• | Pune, Maharashtra, India |
| PCD Compusoft Private Limited | ₹35.05 Lakh (FY 2018) | •••• | •••• | 14.0% | •••• | Raipur, Chhattisgarh, India |
| Grue and Bleen Technologies Private Limited | ₹35.04 Lakh (FY 2025) | •••• | •••• | 2050.0% | •••• | Uluberia, West Bengal, India |
| Kaps IT Solutions Private Limited | ₹35.04 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Bangalore, Karnataka, India |
| Solver India Software Private Limited this company | ₹35.03 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Indore, Madhya Pradesh, India |
| Simstream Private Limited | ₹35.02 Lakh (FY 2022) | •••• | •••• | 770.0% | •••• | Kakkanad, Kerala, India |
| Bleetech Innovations Private Limited | ₹35.02 Lakh (FY 2025) | •••• | •••• | 84.0% | •••• | Pune, Maharashtra, India |
| Siddhi Software and Financial Consultants Private Limited | ₹35.02 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Jalgaon, Maharashtra, India |
| BPK Softwares Private Limited | ₹35.02 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | Sangaria, Rajasthan, India |
| MKG Technology Services Private Limited | ₹35.01 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Solver India Software 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 Solver India Software Private Limited
Solver India Software Private Limited is audited by Pramod Garg & Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Pramod Garg & Associates | 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 Solver India Software Private Limited
Solver India Software has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ronak Garg | Director | 28 Jan 2014 | 12 Years 8 Months | Current |
| Kavita Garg Also directs: Rhumb Entrepreneur Private Limited | Director | 28 Jan 2014 | 12 Years 8 Months | Current |
Ownership and Shareholding of Solver India Software 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 Solver India Software Private Limited
Solver India Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Solver India Software Private Limited
Employment history and EPFO contributions of people linked to Solver India Software.
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 Solver India Software Private Limited
Solver India Software Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Kavita Garg was appointed as Director on 28 Jan 2014.
Credit Ratings, Litigation & Regulatory Alerts for Solver India Software 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 Solver India Software 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 Solver India Software 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 Solver India Software Private Limited
Solver India Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAUCS5447A1ZB | Madhya Pradesh | 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 Solver India Software 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 Solver India Software Private Limited
Solver India Software is an active private limited company based in Indore, Madhya Pradesh, India. The company works in software, within the printing and publishing industry. It was incorporated on 28 January 2014 (12+ years old) and is registered under CIN U72300MP2014PTC032266.
Solver India Software reported revenue of ₹35.03 Lakh for FY 2024 (up 4% YoY).
Solver India Software has 2 current directors:
- Ronak Garg - Director
- Kavita Garg - Director
Solver India Software reported a net profit of ₹1.51 Lakh (net margin 4.3%) and EBITDA of ₹2.49 Lakh (EBITDA margin 7.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solver India Software is 6% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solver India Software is 23AAUCS5447A1ZB, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Solver India Software is U72300MP2014PTC032266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solver India Software was incorporated on 28 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Solver India Software by revenue are Prayuta Technologies Private Limited, Advent Creation Private Limited, PCD Compusoft Private Limited, Grue and Bleen Technologies Private Limited, Kaps IT Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Kavita Garg was appointed as Director on 28 Jan 2014. Ronak Garg was appointed as Director on 28 Jan 2014.
The registered office of Solver India Software is at G – 01 Baldeo Apartment 59 Saket Nagar Near Kumawat Dharamshal, A, Indore, Madhya Pradesh, India – 452001.