About Solwares Technologies Private Limited
Data last updated:
Solwares Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 28 May 2020.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2020PTC190960. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abhishek Kumar Sangwan and Aman Sinha.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sno 16 17 18(P)Building U4 Flat No.14 Tucker Awho Enclave Gondhalenagar Hadaps, Pune, Maharashtra, India – 411028.
As per the financials filed for FY 2023, the company reported a revenue of ₹11,597, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹37,571 (net margin -324%) and EBITDA of -₹10,917 (EBITDA margin -94.1%).
The last known website on record is solwares.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSno 16 17 18(P)Building U4 Flat No.14 Tucker Awho Enclave Gondhalenagar Hadaps, Pune, Maharashtra, India – 411028
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Solwares Technologies Private Limited
The main business activity of Solwares Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Solwares Technologies Private Limited FY 2023 filings available
Solwares Technologies Private Limited reported revenue of ₹11,597 (down 99% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Solwares Technologies Private Limited
Revenue fell 99% in the latest year. EBITDA fell 118% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Solwares Technologies Private Limited
| Metrics | FY 2022-23 | 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 | -₹10,917 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹37,571 | •••• | •••• |
| 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 Solwares Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -94.1% | •••• | •••• |
| Net Profit Margin | -324% | •••• | •••• |
| 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 Solwares Technologies are in the company report.
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.
Peer Comparison of Solwares Technologies Private Limited
Solwares Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical 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 |
|---|---|---|---|---|---|---|
| Omes Techsoft India Private Limited | ₹11,663 (FY 2020) | •••• | •••• | •••• | Gwalior, Madhya Pradesh, India | |
| Funds and Toil Private Limited | ₹11,649 (FY 2025) | •••• | •••• | -95.0% | •••• | Soniwa Badlapur (M Ci), Maharashtra, India |
| Spectra Research and Development Private Limited | ₹11,635 (FY 2020) | •••• | •••• | -39.0% | •••• | Bhopal, Madhya Pradesh, India |
| Dream Websters Infotech Private Limited | ₹11,613 (FY 2025) | •••• | •••• | -78.0% | •••• | Delhi, India |
| Bada Dhanwan Marketing Private Limited | ₹11,610 (FY 2025) | •••• | •••• | -27.0% | •••• | Ujjain, Madhya Pradesh, India |
| Solwares Technologies Private Limited this company | ₹11,597 (FY 2023) | •••• | •••• | -99.0% | •••• | Pune, Maharashtra, India |
| Dewpoint Shipping & Services Private Limited | ₹11,591 (FY 2020) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
| Oxberry IT Solutions Private Limited | ₹11,590 (FY 2019) | •••• | •••• | •••• | Malda, West Bengal, India | |
| Dvats Online Private Limited | ₹11,589 (FY 2025) | •••• | •••• | -54.0% | •••• | Chennai, Tamil Nadu, India |
| Giftholic Private Limited | ₹11,515 (FY 2023) | •••• | •••• | •••• | Delhi, India | |
| Master Mind Advisory Services Limited | ₹11,500 (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Solwares Technologies by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Solwares Technologies Private Limited
Solwares Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Kumar Sangwan Also directs: Gaussb Labs LLP, Murapi Technologies Private Limited | Director | 28 May 2020 | 6 Years 4 Months | Current |
| Aman Sinha Also directs: Alfred AI India Private Limited | Director | 28 May 2020 | 6 Years 4 Months | Current |
Ownership and Shareholding of Solwares Technologies 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 Solwares Technologies Private Limited
Solwares Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Solwares Technologies Private Limited
Solwares Technologies Private Limited has a workforce of 0 employees as of Apr 02, 2024.
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 Solwares Technologies Private Limited
Solwares Technologies Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Abhishek Kumar Sangwan was appointed as Director on 28 May 2020.
Credit Ratings, Litigation & Regulatory Alerts for Solwares Technologies 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 Solwares Technologies 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 Solwares Technologies 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 Solwares Technologies Private Limited
Solwares Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Solwares Technologies 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 Solwares Technologies Private Limited
Solwares Technologies is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Solwares Technologies is a company pending strike off, currently registered as a private limited company based in Pune, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 28 May 2020 and is registered under CIN U72900PN2020PTC190960. The company may be struck off soon - caution is advised.
Solwares Technologies has 2 current directors:
- Abhishek Kumar Sangwan - Director
- Aman Sinha - Director
The CIN (Corporate Identification Number) of Solwares Technologies is U72900PN2020PTC190960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solwares Technologies was incorporated on 28 May 2020. It is registered with the Registrar of Companies, Pune.
Solwares Technologies can be reached through the website solwares.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Solwares Technologies is at Sno 16 17 18PBuilding U4 Flat No.14 Tucker Awho Enclave Gondhalenagar Hadaps, Pune, Maharashtra, India – 411028.
Solwares Technologies reported revenue of ₹11,597 for FY 2023 (down 99% YoY).
Solwares Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Solwares Technologies reported a net loss of ₹37,571 (net margin -324%) and EBITDA of -₹10,917 (EBITDA margin -94.1%) for FY 2023, as per its filed financial statements.
No. Solwares Technologies has 1 GST registration on record and it is cancelled or inactive.