Solvilor Technologies Private Limited

Solvilor Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2018PTC115562 Incorporated 17 August 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹14.64 Cr
▲ 18% YoY
Net profit · FY 2025
₹1.29 Cr
Net margin 8.8%
EBITDA · FY 2025
₹1.92 Cr
EBITDA margin 13.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
37
Provident fund records
Directors on board
2
As per MCA filings

About Solvilor Technologies Private Limited

Data last updated:

Solvilor Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 August 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC115562. Its GSTIN is 29ABACS6944D1Z7 (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Minal Prakash Kokane and Ahammed Mirdas.

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 Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹14.64 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.29 Cr (net margin 8.8%) and EBITDA of ₹1.92 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 37% over five years.

The company has about 37 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: StorePep and PluginHive.

For more details, the company can be reached via its website pluginhive.com.

Company details

CIN U72900KA2018PTC115562
Registration Number 115562
Incorporation Date 17 August 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024

Contact details

Solvilor Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is pluginhive.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Pb – Wq – 1604 16th Floor Pb – Wq Block Wing, Purva Plam Beach Kyalasanahalli Krishnarajpura Hobli, Bangalore, Karnataka, India – 560077
  • Industry
    Information Technology, Application Development & Software Solutions

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

Comprehensive company report
Solvilor 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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Brands

Solvilor Technologies operates two associated brands: StorePep and PluginHive. Each brand links to its own profile.

BrandDescriptionWebsite
Offers shipping solutions and plugins for online stores on various e-commerce platforms.storepep.com
Provides eCommerce plugins for shipping, bookings, and management tools for online stores.pluginhive.com

Business activity

The main business activity of Solvilor Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Solvilor Technologies Private Limited, buy the company report.

Financials of Solvilor Technologies Private Limited

FY 2024 filings available

Solvilor Technologies Private Limited reported revenue of ₹14.64 Cr (up 18% YoY) for FY 2025.

Revenue · FY 2025
₹14.64 Cr ▲ 18%
Net profit · FY 2025
₹1.29 Cr margin 8.8%
EBITDA · FY 2025
₹1.92 Cr margin 13.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 20%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 6%
5 years · compounded
▲ 36%

Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 18% growth in the latest year. EBITDA fell 8% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.92 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.29 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13.1%
Net Profit Margin8.8%
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 Solvilor Technologies Private Limited, buy the company report.

Board of directors of Solvilor Technologies Private Limited

Solvilor Technologies has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Minal Prakash KokaneDirector17 Aug 20188 Years 2 MonthsCurrent
Ahammed MirdasDirector17 Aug 20188 Years 2 MonthsCurrent

Peer comparison

Solvilor Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nstarx India Private Limited₹14.68 Cr (FY 2025)54.0%Hyderabad, Telangana, India
Viz Experts India Private Limited₹14.67 Cr (FY 2024)-26.0%Uttar Pradesh, India
Retailinsights Consultancy Services Private Limited₹14.66 Cr (FY 2022)104.0%Bangalore, Karnataka, India
Imperium Software Technologies Private Limited₹14.66 Cr (FY 2024)12.0%Hyderabad, Telangana, India
Eim Solutions India Private Limited₹14.64 Cr (FY 2025)26.0%Bangalore, Karnataka, India
Solvilor Technologies Private Limitedthis company₹14.64 Cr (FY 2025)₹1.29 Cr8.8%18.0%37Bangalore, Karnataka, India
Commdel Consulting Services Private Limited₹14.63 Cr (FY 2025)17.0%Delhi, India
Milos Automation (India) Private Limited₹14.62 Cr (FY 2025)3.0%Bangalore, Karnataka, India
Fundfolio Fintech Private Limited₹14.62 Cr (FY 2024)49.0%Kochi, Kerala, India
Gameshastra Solutions Private Limited₹14.62 Cr (FY 2025)46.0%Hyderabad, Telangana, India
Calibre Websol Private Limited₹14.62 Cr (FY 2025)1080.0%Delhi, India

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

Auditor

Solvilor Technologies Private Limited is audited by R V S & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R V S & CoFY 2023010444S

Shareholding

The shareholding of Solvilor 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 Solvilor Technologies Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Solvilor Technologies Private Limited has a workforce of 37 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
37
Active EPFO establishments
1
Employee growth
-2.63%

GST

Solvilor Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29ABACS6944D1Z7KarnatakaActive12 Sep 2018

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

Recent activity

Solvilor Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ahammed Mirdas was appointed as Director on 17 Aug 2018.

AGM
Solvilor Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Solvilor Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Ahammed Mirdas was appointed as Director.
Appointed
Minal Prakash Kokane was appointed as Director.
Incorporation
17 Aug 2018
Solvilor Technologies Private Limited was registered on 17 Aug 2018 with Roc Bangalore & aged 8 years 2 months as per MCA records.

Frequently asked questions

Solvilor Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 August 2018 (8+ years old) and is registered under CIN U72900KA2018PTC115562.

Solvilor Technologies has 2 current directors:

The latest financial statements of Solvilor Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Solvilor Technologies is 29ABACS6944D1Z7, registered in Karnataka.

The CIN (Corporate Identification Number) of Solvilor Technologies is U72900KA2018PTC115562. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solvilor Technologies was incorporated on 17 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Solvilor Technologies by revenue are Nstarx India Private Limited, Viz Experts India Private Limited, Retailinsights Consultancy Services Private Limited, Imperium Software Technologies Private Limited, Eim Solutions India Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).

Ahammed Mirdas was appointed as Director on 17 Aug 2018. Minal Prakash Kokane was appointed as Director on 17 Aug 2018.

Solvilor Technologies can be reached through the website pluginhive.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Solvilor Technologies is at Pb – Wq – 1604 16th Floor Pb – Wq Block Wing, Purva Plam Beach Kyalasanahalli Krishnarajpura Hobli, Bangalore, Karnataka, India – 560077.

Solvilor Technologies operates in the information technology industry, in the application development and software solutions segment.