About Stavic Solutions (India) Private Limited
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Stavic Solutions (India) Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 10 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC125076. Its GSTIN is 29AAAAA0378G1ZX (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vishwanatha Venkataramana and Najma.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mig – C – 127 3rd Floor Building No 11 K.H.B. Apartments Kengeri Upanagar, Bengaluru, Karnataka, India – 560060.
As per the financials filed for FY 2022, the company reported a revenue of ₹16.54 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹35.17 Lakh (net margin -212.7%) and EBITDA of -₹31.4 Lakh (EBITDA margin -189.9%).
For more details, the company can be reached via its website stavicsolutions.net.
Company details
Contact details
Stavic Solutions (India) Private Limited's registered office is in Bengaluru, Karnataka. Its website is stavicsolutions.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMig – C – 127 3rd Floor Building No 11 K.H.B. Apartments Kengeri Upanagar, Bengaluru, Karnataka, India – 560060
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Stavic Solutions (India) Private Limited, buy the company report.
- 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
Business activity
The main business activity of Stavic Solutions (India) is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Stavic Solutions (India) Private Limited, buy the company report.
Financials of Stavic Solutions (India) Private Limited
FY 2022 filings availableStavic Solutions (India) Private Limited reported revenue of ₹16.54 Lakh (down 30% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year. EBITDA rose 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹16.54 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹31.4 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹35.17 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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| Trade Payables | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -189.9% | ||
| Net Profit Margin | -212.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Revenue Growth | |||
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To see the full financial statements and ratios of Stavic Solutions (India) Private Limited, buy the company report.
Board of directors of Stavic Solutions (India) Private Limited
Stavic Solutions (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwanatha Venkataramana Also directs: Milvine Solutions India Private Limited | Director | 10 Jun 2019 | 7 Years 4 Months | Current |
| Najma | Director | 10 Jun 2019 | 7 Years 4 Months | Current |
Shareholding
The shareholding of Stavic Solutions (India) Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Stavic Solutions (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Stavic Solutions (India) 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 Stavic Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Stavic Solutions (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAAAA0378G1ZX | Karnataka | Active | 01 Jul 2017 |
| 29ABCCS1890C1ZC | Karnataka | Active | 23 Sep 2020 |
To see the full GST registrations and return filing status of Stavic Solutions (India) Private Limited, buy the company report.
Recent activity
Stavic Solutions (India) Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Najma was appointed as Director on 10 Jun 2019.
Frequently asked questions
Stavic Solutions (India) is an active private limited company based in Bengaluru, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 10 June 2019 (7+ years old) and is registered under CIN U74999KA2019PTC125076.
Stavic Solutions (India) has 2 current directors:
- Vishwanatha Venkataramana - Director
- Najma - Director
The latest financial statements of Stavic Solutions (India) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Stavic Solutions (India) is 29AAAAA0378G1ZX, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29ABCCS1890C1ZC (Karnataka).
The CIN (Corporate Identification Number) of Stavic Solutions (India) is U74999KA2019PTC125076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stavic Solutions (India) was incorporated on 10 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Najma was appointed as Director on 10 Jun 2019. Vishwanatha Venkataramana was appointed as Director on 10 Jun 2019.
Stavic Solutions (India) can be reached through the website stavicsolutions.net. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Stavic Solutions (India) is at Mig – C – 127 3rd Floor Building No 11 K.H.B. Apartments Kengeri Upanagar, Bengaluru, Karnataka, India – 560060.
Stavic Solutions (India) operates in the business outsourcing industry, in the business and IT consulting segment.