MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0277795
SSG Business Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.86 Lakh
▼ 38% YoY
Net profit · FY 2024
₹15,164
Net margin 1.9%
EBITDA · FY 2024
₹16,492
EBITDA margin 2.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
17
Provident fund records
About SSG Business Services Private Limited
Data last updated:
SSG Business Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2015PTC080452. Its GSTIN is 29AAVCS9345J1ZA (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Suhail Ahmed and Faizan Shamim Kanth.
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 2024, the company reported a revenue of ₹7.86 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹15,164 (net margin 1.9%) and EBITDA of ₹16,492 (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 51% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Lakh on record.
SSG Business Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0277795). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solid-global.com.
Company details
CIN U74140KA2015PTC080452
Registration Number 080452
Incorporation Date 20 May 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0277795
Recognitions & Rankings of SSG Business Services
Contact details
SSG Business Services Private Limited's registered office is in Bangalore, Karnataka. Its website is solid-global.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 1023 1st Stage 4th Block Extension, Hennur Bellary Road Hbr Layout, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of SSG Business Services Private Limited, buy the company report.
Comprehensive company report
SSG Business Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of SSG Business Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of SSG Business Services Private Limited, buy the company report.
Financials of SSG Business Services Private Limited
FY 2024 filings availableSSG Business Services Private Limited reported revenue of ₹7.86 Lakh (down 38% YoY) for FY 2024.
Revenue · FY 2024
₹7.86 Lakh ▼ 38%
Net profit · FY 2024
₹15,164 margin 1.9%
EBITDA · FY 2024
₹16,492 margin 2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▼ 72%
5 years · compounded
▼ 51%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 26%
5 years · compounded
▼ 37%
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 38% fall in the latest year. EBITDA rose 23% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹16,492 | ||||
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| Net Profit (PAT) | ₹15,164 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of SSG Business Services Private Limited, buy the company report.
Board of directors of SSG Business Services Private Limited
SSG Business Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suhail Ahmed Also directs: Ssgserv Private Limited, Solid Support Services Private Limited | Director | 13 Jun 2023 | 3 Years 4 Months | Current |
| Faizan Shamim Kanth Also directs: Ssgserv Private Limited, Solid Support Services Private Limited | Additional Director | 12 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
SSG Business Services Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Diversified BPO), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zealous Creative Studio Private Limited | ₹7.9 Lakh (FY 2024) | -64.0% | Salem, Tamil Nadu, India | |||
| SSG Business Services Private Limitedthis company | ₹7.86 Lakh (FY 2024) | ₹15,164 | 1.9% | -38.0% | 17 | Bangalore, Karnataka, India |
| Techsilo Technologies Private Limited | ₹7.77 Lakh (FY 2024) | -88.0% | Mysore, Karnataka, India | |||
| Cell Stream Technologies Private Limited | ₹7.73 Lakh (FY 2025) | -48.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of SSG Business Services Private Limited, buy the company report.
Auditor
SSG Business Services Private Limited is audited by Sneha Kalpesh Bafna for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sneha Kalpesh Bafna | FY 2023 | 155318 |
Shareholding
The shareholding of SSG Business Services 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SSG Business Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2024 | 100864138 | Hdfc Bank Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving SSG Business Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for SSG Business Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SSG Business Services Private Limited has a workforce of 17 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
-10.53%
GST
SSG Business Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCS9345J1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SSG Business Services Private Limited, buy the company report.
Recent activity
SSG Business Services Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Faizan Shamim Kanth was appointed as Additional Director on 12 Apr 2024.
AGM
Ssg Business Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Faizan Shamim Kanth was appointed as Additional Director.
Ceased
Fateen Athar ceased to be Director.
Filing
Ssg Business Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100864138 was registered on 17 Jan 2024.
Ceased
Faizan Shamim Kanth ceased to be Director.
Appointed
Suhail Ahmed was appointed as Director.
Ceased
Paul Pargat Singh Lalli ceased to be Managing Director.
Ceased
Sukhvir Kaur Lalli ceased to be Managing Director.
Ceased
Deven Shankarlal Joshi ceased to be Director.
Incorporation
20 May 2015
Ssg Business Services Private Limited was registered on 20 May 2015 with Roc Bangalore & aged 11 years 5 months as per MCA records.
Frequently asked questions
SSG Business Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 May 2015 (11+ years old) and is registered under CIN U74140KA2015PTC080452.
SSG Business Services has 2 current directors:
- Suhail Ahmed - Director
- Faizan Shamim Kanth - Additional Director
The latest financial statements of SSG Business Services 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 2016 are in the company report.
The GSTIN of SSG Business Services is 29AAVCS9345J1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of SSG Business Services is U74140KA2015PTC080452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SSG Business Services was incorporated on 20 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of SSG Business Services by revenue are Zealous Creative Studio Private Limited, Techsilo Technologies Private Limited, Cell Stream Technologies Private Limited, all in the Outsourcing industry (Diversified BPO), with the same principal business activity (other information & communication service activities).
Faizan Shamim Kanth was appointed as Additional Director on 12 Apr 2024. Fateen Athar ceased to be Director on 12 Apr 2024. Faizan Shamim Kanth ceased to be Director on 30 Sep 2023. SSG Business Services has 7 board changes on record in total.
Yes, SSG Business Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0277795).
SSG Business Services can be reached through the website solid-global.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of SSG Business Services is at No 1023 1st Stage 4th Block Extension, Hennur Bellary Road Hbr Layout, Bangalore, Karnataka, India – 560043.