Evolvus Solutions Private Limited

Software company providing banking solutions and data transformation services to clients in India and the Middle East.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated: January 01, 2025

Evolvus Solutions Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.41 M
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.28 Cr
  • Revenue Growth 12.65%
  • Profit Growth -31.77%
  • Ebitda -38.27%
  • Net Worth 8.70%
  • Total Assets 0.42%

About Evolvus Solutions

Evolvus Solutions Private Limited (ESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 January 2007 and has a history of 18 years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.50 M and a paid-up capital of Rs 3.41 M.

The company has closed loans amounting to ₹6.28 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Balaji Jagannathan, Maroli Prashant, and Thenkarai Karthikeyan serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2007PTC041376

  • Company No.

    041376

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jan 2007

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Evolvus Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Maroli Prashant Country flag representing In Director 03-Jan-2007Current
Balaji Jagannathan Country flag representing In Director 03-Jan-2007Current
Thenkarai Karthikeyan Country flag representing In Director 03-Jan-2007Current

Financial Performance of Evolvus Solutions.

Evolvus Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.65% increase. The company also saw a substantial fall in profitability, with a 31.77% decrease in profit. The company's net worth moved up by a moderate rise of 8.7%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
12.65%
Revenue from Operations
13.27%
Total Assets
0.42%
Profit or Loss
-31.77%
Net Worth
8.70%
EBITDA
-38.27%

What is the Ownership and Shareholding Structure of Evolvus Solutions?

In 2023, Evolvus Solutions had a promoter holding of 64.09% and a public holding of 35.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹62.75 M

Charges Breakdown by Lending Institutions

  • Others : 5.28 Cr
  • Karnataka Bank Ltd. : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jul 2015Others₹5.28 CrSatisfied
26 Jul 2011Karnataka Bank Ltd.₹1.00 CrSatisfied

How Many Employees Work at Evolvus Solutions?

Evolvus Solutions has a workforce of 22 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Evolvus Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Evolvus Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Evolvus Solutions

Recent activity within the organization

  • Annual General Meeting

    Evolvus Solutions Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Charges

    A charge registered on 31 Jul 2015 via Charge ID 10597036 with Others was fully satisfied on 02 May 2024.

    02 May 2024

  • Balance Sheet

    Evolvus Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 52.75 M registered on 31 Jul 2015 with Charge ID 10597036 was modified on 20 Oct 2020.

    20 Oct 2020

  • Charges

    A charge registered on 26 Jul 2011 via Charge ID 10301753 with Karnataka Bank Ltd. was fully satisfied on 09 Oct 2015.

    09 Oct 2015

  • Charges

    A charge with Others amounted to Rs. 52.75 M with Charge ID 10597036 was registered on 31 Jul 2015.

    31 Jul 2015

Frequently asked questions

  • Evolvus Solutions Private Limited was incorporated on 03 Jan 2007.

  • The authorized share capital of Evolvus Solutions Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.41 M.

  • Currently 3 directors are associated with Evolvus Solutions Private Limited.

    • Balaji Jagannathan
    • Maroli Prashant
    • Thenkarai Somanathan Karthikeyan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Evolvus Solutions Private Limited is 421/M Shri Krishna Temple Road Indiranagar 1St Stage, India, Bangalore North, Karnataka, 560038.

  • The corporate identification number (CIN) of Evolvus Solutions Private Limited is U72200KA2007PTC041376 and the company number is 041376 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Evolvus Solutions Private Limited is https://www.evolvussolutions.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Evolvus Solutions Private Limited has risen by 12.65%.

  • As Per 2023 financial reports, 22 employees are currently employed by Evolvus Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Evolvus Solutions Private Limited has experienced an upsurge of 8.70%.

  • The most recent Balance Sheet for Evolvus Solutions Private Limited was filed with the ROC on 31 Mar 2024.