Solvere Life Technologies Private Limited

Solvere Life Technologies Private Limited - metals and minerals in Delhi, India. FY 2026 financials & compliance.
CIN U27100DL2016PTC299750 Incorporated 14 May 2016 ROC Delhi HQ Delhi, India
Active Private Limited Company metals and minerals MSME · Micro
Data last updated
Revenue · FY 2022
₹7.88 Cr
▲ 86% YoY
Net loss · FY 2022
₹1.24 Lakh
Net margin -0.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
3
of 4 registered

About Solvere Life Technologies Private Limited

Data last updated:

Solvere Life Technologies Private Limited is a private limited company based in Delhi, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 14 May 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27100DL2016PTC299750. Its GSTIN is 07AAYCS5797B2ZL (Delhi). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Jai Bhagwan Goel and Nakul Goel.

Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C – 104 Kaveri Appts Alaknanda, Kalkaji India, Delhi, India – 110019.

As per the financials filed for FY 2022, the company reported a revenue of ₹7.88 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net loss of ₹1.24 Lakh (net margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 314% over three years.

As per MCA filings, the company has open charges of ₹25 Lakh on record.

Solvere Life Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0049041). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U27100DL2016PTC299750
Registration Number 299750
Incorporation Date 14 May 2016
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-08-0049041

CIN history

Solvere Life Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27100DL2016PTC299750, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27100DL2016PTC299750Current
U74999DL2016PTC299750Previous
U27100HR2016PTC125696Previous

Recognitions & Rankings of Solvere Life Technologies

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-DL-08-0049041

Contact details

Solvere Life Technologies Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C – 104 Kaveri Appts Alaknanda, Kalkaji India, Delhi, India – 110019
  • Industry
    Metals and Minerals, Metal Manufacturing & Processing

To see the full contact details of Solvere Life Technologies Private Limited, buy the company report.

Comprehensive company report
Solvere Life Technologies 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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Financials of Solvere Life Technologies Private Limited

FY 2023 filings available

Solvere Life Technologies Private Limited reported revenue of ₹7.88 Cr (up 86% YoY) for FY 2022.

Revenue · FY 2022
₹7.88 Cr ▲ 86%
Net loss · FY 2022
₹1.24 Lakh margin -0.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 86%
3 years · compounded
▲ 314%

Revenue has grown at a compounded annual rate (CAGR) of 314% over three years, including 86% growth 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹7.88 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.24 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin
Net Profit Margin-0.2%
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

To see the full financial statements and ratios of Solvere Life Technologies Private Limited, buy the company report.

Board of directors of Solvere Life Technologies Private Limited

Solvere Life Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jai Bhagwan GoelDirector07 Oct 20179 Years 0 MonthsCurrent
Nakul GoelDirector14 May 201610 Years 5 MonthsCurrent

Peer comparison

Solvere Life Technologies Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jai Mata Cast and Alloys Private Limited₹7.97 Cr (FY 2025)13.0%Delhi, India
Adarsh Line Accessories Private Limited₹7.96 Cr (FY 2025)68.0%Chennai, Tamil Nadu, India
Geometry Metal Tech Private Limited₹7.91 Cr (FY 2025)3685.0%Ahmedabad, Gujarat, India
SSPP Engineering Private Limited₹7.88 Cr (FY 2025)107.0%Kolhapur, Maharashtra, India
Solvere Life Technologies Private Limitedthis company₹7.88 Cr (FY 2022)-₹1.24 Lakh-0.2%86.0%Delhi, India
Rewa Chemicals Private Limited₹7.83 Cr (FY 2025)2.0%Gwalior, Madhya Pradesh, India
Preciso Metall Private Limited₹7.79 Cr (FY 2025)2.0%Mulshi, Maharashtra, India

To see the full peer comparison of Solvere Life Technologies Private Limited, buy the company report.

Auditor

Solvere Life Technologies Private Limited is audited by JAIN AMIT & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
JAIN AMIT & CO.FY 2022027525N

Shareholding

The shareholding of Solvere Life Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Solvere Life Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹0.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Nov 2023100858083Axis Bank Limited₹25 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Solvere Life Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Solvere Life Technologies has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AAYCS5797B2ZLDelhiActive20 Oct 2022
09AAYCS5797B1ZIUttar PradeshActive02 Jul 2018
06AAYCS5797B1ZOHaryanaActive08 Oct 2020

To see the full GST registrations and return filing status of Solvere Life Technologies Private Limited, buy the company report.

Recent activity

Solvere Life Technologies Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Rekha Goel ceased to be Director on 30 Dec 2019.

Charges
A charge with Axis Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 100858083 was registered on 07 Nov 2023.
AGM
Solvere Life Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Filing
Solvere Life Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Ceased
Rekha Goel ceased to be Director.
Appointed
Jai Bhagwan Goel was appointed as Director.
Appointed
Nakul Goel was appointed as Director.
Incorporation
14 May 2016
Solvere Life Technologies Private Limited was registered on 14 May 2016 with Roc Delhi & aged 10 years 5 months as per MCA records.

Frequently asked questions

Solvere Life Technologies is an active private limited company based in Delhi, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 14 May 2016 (10+ years old) and is registered under CIN U27100DL2016PTC299750.

Solvere Life Technologies has 2 current directors:

The latest financial statements of Solvere Life Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Solvere Life Technologies is 07AAYCS5797B2ZL, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAYCS5797B1ZI (Uttar Pradesh), 06AAYCS5797B1ZO (Haryana).

The CIN (Corporate Identification Number) of Solvere Life Technologies is U27100DL2016PTC299750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solvere Life Technologies was incorporated on 14 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Solvere Life Technologies by revenue are Jai Mata Cast and Alloys Private Limited, Adarsh Line Accessories Private Limited, Geometry Metal Tech Private Limited, SSPP Engineering Private Limited, Rewa Chemicals Private Limited and 1 more, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).

Rekha Goel ceased to be Director on 30 Dec 2019. Jai Bhagwan Goel was appointed as Director on 07 Oct 2017. Nakul Goel was appointed as Director on 14 May 2016.

Yes, Solvere Life Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-08-0049041).

The registered office of Solvere Life Technologies is at C – 104 Kaveri Appts Alaknanda, Kalkaji India, Delhi, India – 110019.

Solvere Life Technologies operates in the metals and minerals industry, in the metal manufacturing and processing segment.