Sigma Solve Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 10.28 Cr
- Company Age 15 Year, 17 Days
- 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 15 years. 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
Information Technology
Sigma Solve Limited
Explore comprehensive data for Sigma Solve Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Ratios
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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
Triveni Transtech (India) 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)
Open Charges
₹6.99 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Sigma Solve
Recent activity within the organization
- Annual General Meeting
Sigma Solve Limited last Annual general meeting of members was held on 20 Aug 2024 as per latest MCA records.
- Balance Sheet
Sigma Solve Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Dhwani Jaspalsinh Solanki was appointed as a Company Secretary was appointed as a Company Secretary on 29 Mar 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Archana Samirbhai Shah was appointed as a Director was appointed as a Director on 14 Aug 2023 & has been associated with this company since 1 year 9 months .
- Charges
A charge with Others of Rs. 6.78 Cr registered on 22 Dec 2022 with Charge ID 100665539 was modified on 08 Feb 2023.
- Charges
A charge with Others amounted to Rs. 6.78 Cr with Charge ID 100665539 was registered on 22 Dec 2022.
Frequently asked questions
What is the Incorporation or founding date of Sigma Solve Limited?
Sigma Solve Limited was incorporated on 29 Apr 2010.
What is authorized share capital and paid-up capital of Sigma Solve Limited?
The authorized share capital of Sigma Solve Limited is ₹ 12.00 Cr and paid-up capital is ₹ 10.28 Cr.
Who are the current board members & directors of Sigma Solve Limited?
Currently 8 directors are associated with Sigma Solve Limited.
- Prakash Ratilal Parikh
- Kalpana Parikh Prakashbhai
- Nitin Pramukhlal Patel
- Archana Samirbhai Shah
- Dhwani Jaspalsinh Solanki
- Chinmay Himatlal Shah
- Raxitkumar Sureshbhai Patel
- Jayesh Ramanlal Shah
What is the registered address of Sigma Solve Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sigma Solve Limited is 801-803 08Th Floor Pv Enclave Opp. Satyam House Icici Bank Lane Road, Behind Sindhu Bhavan Road India, Ahmadabad City, Gujarat, 380054.
What is the corporate identification number (CIN) and company number of Sigma Solve Limited?
The corporate identification number (CIN) of Sigma Solve Limited is L72200GJ2010PLC060478 and the company number is 060478 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sigma Solve Limited?
The Official website of Sigma Solve Limited is https://www.sigmasolve.net
What has been the recent revenue trend for Sigma Solve Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sigma Solve Limited has risen by 60.54%.
How many employees does Sigma Solve Limited currently have?
As Per 2023 financial reports, 94 employees are currently employed by Sigma Solve Limited.
What change has been observed in the net worth of Sigma Solve Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sigma Solve Limited has experienced an upsurge of 16.07%.
What are the total open charges for Sigma Solve Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sigma Solve Limited amount to ₹ 6.99 Cr.
When was the last Balance Sheet of Sigma Solve Limited filed with the ROC?
The most recent Balance Sheet for Sigma Solve Limited was filed with the ROC on 31 Mar 2024.
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