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Solvevolve Private Limited - information technology in Sambalpur, Odisha, India. Directors, charges & compliance details.
Revenue · FY 2022
₹54,875
Latest filing
Net loss · FY 2022
₹4,787
Net margin -8.7%
EBITDA · FY 2022
-₹4,787
EBITDA margin -8.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Last financials
Mar 2022
Balance sheet date
About Solvevolve Private Limited
Data last updated:
Solvevolve Private Limited is a private limited company based in Sambalpur, Odisha, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 19 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2021PTC035371.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhupendra Singh and Biswajyoti Roy.
Its last annual general meeting (AGM) was held on 05 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at C/O Sumitarani Das Mahanadi Vihar Bhatra Dhanupali, Sambalpur, Odisha, India – 768005.
As per the financials filed for FY 2022, the company reported a revenue of ₹54,875. For the same year it recorded a net loss of ₹4,787 (net margin -8.7%) and EBITDA of -₹4,787 (EBITDA margin -8.7%).
Solvevolve Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-28-0004038). For more details, the company can be reached via its website solvevolve.com.
Company Details of Solvevolve Private Limited
CIN U72900OR2021PTC035371
Registration Number 035371
Incorporation Date 19 January 2021
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 December 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-OD-28-0004038
Key People
Bhupendra Singh Director Biswajyoti Roy Director Recognitions & Rankings of Solvevolve
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-OD-28-0004038
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressC/O Sumitarani Das Mahanadi Vihar Bhatra Dhanupali, Sambalpur, Odisha, India – 768005
- IndustryInformation Technology, Other Computer Related Activities
Comprehensive company report
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Financials of Solvevolve Private Limited FY 2022 filings available
Solvevolve Private Limited reported revenue of ₹54,875 for FY 2022.
Revenue · FY 2022
₹54,875
Net loss · FY 2022
₹4,787 margin -8.7%
EBITDA · FY 2022
-₹4,787 margin -8.7%
Financial Statement Summary of Solvevolve Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| 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 | -₹4,787 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹4,787 | •••• |
| 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 Solvevolve Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -8.7% | •••• |
| Net Profit Margin | -8.7% | •••• |
| 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 Solvevolve are in the company report.
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Financial statements from FY 2021
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.
Board of Directors of Solvevolve Private Limited
Solvevolve has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupendra Singh | Director | 13 Dec 2022 | 3 Years 10 Months | Current |
| Biswajyoti Roy | Director | 19 Jan 2021 | 5 Years 9 Months | Current |
Charges & Borrowings of Solvevolve Private Limited
Solvevolve Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Solvevolve Private Limited
Employment history and EPFO contributions of people linked to Solvevolve.
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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 Solvevolve Private Limited
Solvevolve Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Bhupendra Singh was appointed as Director on 13 Dec 2022.
Appointed
Bhupendra Singh was appointed as Director.
Ceased
Prabin Kumar Das ceased to be Director.
AGM
Solvevolve Private Limited last Annual general meeting of members was held on 05 Dec 2022 as per latest MCA records.
Filing
Solvevolve Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Cuttack.
Appointed
Biswajyoti Roy was appointed as Director.
Incorporation
19 Jan 2021
Solvevolve Private Limited was registered on 19 Jan 2021 with Roc Cuttack & aged 5 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Solvevolve Private Limited
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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
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MSME Payment Delays by Solvevolve Private Limited
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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
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Subsidiaries & Group Companies of Solvevolve Private Limited
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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 Solvevolve Private Limited
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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
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MCA Filings & Documents of Solvevolve Private Limited
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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
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Frequently Asked Questions about Solvevolve Private Limited
Solvevolve is an active private limited company based in Sambalpur, Odisha, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 19 January 2021 (5+ years old) and is registered under CIN U72900OR2021PTC035371.
Solvevolve reported revenue of ₹54,875 for FY 2022.
Solvevolve has 2 current directors:
- Bhupendra Singh - Director
- Biswajyoti Roy - Director
Solvevolve reported a net loss of ₹4,787 (net margin -8.7%) and EBITDA of -₹4,787 (EBITDA margin -8.7%) for FY 2022, as per its filed financial statements.
The CIN (Corporate Identification Number) of Solvevolve is U72900OR2021PTC035371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solvevolve was incorporated on 19 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Cuttack.
Bhupendra Singh was appointed as Director on 13 Dec 2022. Prabin Kumar Das ceased to be Director on 13 Dec 2022. Biswajyoti Roy was appointed as Director on 19 Jan 2021.
Yes, Solvevolve is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Solvevolve is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-28-0004038).
Solvevolve can be reached through the website solvevolve.com. Its registered office is in Sambalpur, Odisha, India.