Sigma Solve Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 10.28 Cr
- Company Age 14 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.99 Cr
- Satisfied Charges ₹ 9.90 M
- Revenue Growth 60.54%
- Profit Growth 55.90%
- Ebitda 139.77%
- Net Worth 16.07%
- Total Assets 56.28%
About Sigma Solve
Sigma Solve Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 April 2010 and has a history of 14 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Excel Solutions Private Limited. 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 12.00 Cr and a paid-up capital of Rs 10.28 Cr.
The company currently has active open charges totaling ₹6.99 Cr. The company has closed loans amounting to ₹9.90 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sigma Solve Limited India are Dhwani Solanki as COMPANY SECRETARY and Chinmay Shah as Cfo. Prakash Parikh, Kalpana Prakashbhai, Nitin Patel, and Three other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L72200GJ2010PLC060478
- Company No.
060478
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Apr 2010
- Date of AGM
20 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Sigma Solve?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Parikh  | Managing Director | 29-Apr-2010 | Current |
| Dhwani Solanki | Company Secretary | 29-Mar-2024 | Current |
| Chinmay Shah | CFO | 10-Jul-2019 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kalpana Prakashbhai | Whole-Time Director | 29-Apr-2010 | Current |
| Nitin Patel | Director | 21-Feb-2019 | Current |
| Archana Shah | Director | 14-Aug-2023 | Current |
| Raxitkumar Patel | Director | 10-Jul-2019 | Current |
| Jayesh Shah | Director | 19-Sep-2019 | Current |
Financial Performance of Sigma Solve.
Sigma Solve Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 60.54% increase. The company also saw a substantial improvement in profitability, with a 55.9% increase in profit. The company's net worth Soared by an impressive increase of 16.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Sigma Solve?
In 2023, Sigma Solve had a promoter holding of 73.22% and a public holding of 26.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shaligram Laminates Private LimitedRaxitkumar Patel is a mutual person
Posco-Poggenamp Electrical Steel Private LimitedDhwani Solanki is a mutual person
Divya Steri Solutions Private LimitedRaxitkumar Patel is a mutual person
Rajpath Club LimitedRaxitkumar Patel is a mutual person
Rich Laminates Private LimitedRaxitkumar Patel is a mutual person
Rish Info Logistics Private LimitedPrakash Parikh is a mutual person
Charges (Loans)
₹6.99 Cr
₹0.99 Cr
Charges Breakdown by Lending Institutions
- Others : 6.78 Cr
- Hdfc Bank Limited : 0.21 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2022 | Others | ₹6.78 Cr | Open |
| 05 Nov 2022 | Hdfc Bank Limited | ₹2.08 M | Open |
| 12 Nov 2018 | Hdfc Bank Limited | ₹9.90 M | Satisfied |
How Many Employees Work at Sigma Solve?
Sigma Solve has a workforce of 94 employees as of Jul 20, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sigma Solve, 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 Sigma Solve's trajectory.
Rating
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
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.
