Solbuggy Connect Private Limited

This company offers a range of internet and computer services, including training, e-commerce, web design, and more.

2016 | Bangalore, Karnataka (India) | Active
Last Updated: June 24, 2024

Solbuggy Connect Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.04 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -0.45%
  • Profit Growth 47.67%
  • Ebitda 43.02%
  • Net Worth -30.95%
  • Total Assets 178.57%

About Solbuggy Connect

Solbuggy Connect Private Limited (SCPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 26 May 2016 (Eight years and eight months 27 days old ). Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.04 M, as per Ministry of Corporate Affairs (MCA) records.

Arjun Narasimha, Pavan Murthy, Vikas Manral, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    solutionbuggy.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2016PTC093631

  • Company No.

    093631

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 May 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Outsourcing

What products or services does Solbuggy Connect Private Limited offer?

Solbuggy Connect Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Turnkey Consultants & Solutions, Industrial project consultants, Project Feasibility Studies, Agricultural & Farm Consultants, Agricultural Consultants, Electrical & Signaling Contractors, Electrical Work, Oil Mill & Oil Extraction Machinery.

Who are the key members and board of directors at Solbuggy Connect?

Board Members (4)

NameDesignationAppointment DateStatus
Vikas Manral Country flag representing In Director 03-Sep-2019Current
Arjun Narasimha Country flag representing In Director 26-May-2016Current
Pavan Murthy Country flag representing In Director 11-Oct-2017Current
Guruprasad Bangle Country flag representing In Director 06-Mar-2023Current

Financial Performance of Solbuggy Connect.

Solbuggy Connect Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.45% decrease. The company also saw a substantial improvement in profitability, with a 47.67% increase in profit. The company's net worth observed a substantial decline by a decrease of 30.95%.

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
-0.45%
Revenue from Operations
-1.60%
Total Assets
178.57%
Profit or Loss
47.67%
Net Worth
-30.95%
EBITDA
43.02%

What is the Ownership and Shareholding Structure of Solbuggy Connect?

In 2023, Solbuggy Connect had a public holding of 23.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Solbuggy Connect?

Solbuggy Connect has a workforce of 21 employees as of Apr 09, 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 Solbuggy Connect, 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 Solbuggy Connect'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 Solbuggy Connect

Recent activity within the organization

  • Annual General Meeting

    Solbuggy Connect Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Solbuggy Connect Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Guruprasad Bangle was appointed as a Director was appointed as a Director on 06 Mar 2023 & has been associated with this company since 1 year 11 months .

    06 Mar 2023

  • Director Appointment

    Vikas Manral was appointed as a Director was appointed as a Director on 03 Sep 2019 & has been associated with this company since 5 years 5 months .

    03 Sep 2019

  • Director Appointment

    Pavan Narasimha Murthy was appointed as a Director was appointed as a Director on 11 Oct 2017 & has been associated with this company since 7 years 4 months .

    11 Oct 2017

  • Director Appointment

    Arjun Murthy Narasimha was appointed as a Director was appointed as a Director on 26 May 2016 & has been associated with this company since 8 years 8 months .

    26 May 2016

Frequently asked questions

  • Solbuggy Connect Private Limited was incorporated on 26 May 2016.

  • The authorized share capital of Solbuggy Connect Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.04 M.

  • Currently 4 directors are associated with Solbuggy Connect Private Limited.

    • Arjun Murthy Narasimha
    • Pavan Narasimha Murthy
    • Vikas Manral
    • Guruprasad Bangle
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solbuggy Connect Private Limited is No 1176 11Th Cross 22Nd B Main, 1St Sector Hsr Layout, Bangalore, Karnataka, India, 560102.

  • The corporate identification number (CIN) of Solbuggy Connect Private Limited is U72900KA2016PTC093631 and the company number is 093631 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solbuggy Connect Private Limited is https://www.solutionbuggy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solbuggy Connect Private Limited has fallen by -0.45%.

  • As Per 2023 financial reports, 21 employees are currently employed by Solbuggy Connect Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solbuggy Connect Private Limited has experienced an downturn of -30.95%.

  • The most recent Balance Sheet for Solbuggy Connect Private Limited was filed with the ROC on 31 Mar 2023.

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