Solid Financial Technologies Private Limited

Develops software and provides consultancy services for financial technology.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Solid Financial Technologies Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 5 Year, 12 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 47.46%
  • Profit Growth 98.31%
  • Ebitda 41.23%
  • Net Worth 91.21%
  • Total Assets 30.73%

About Solid Financial Technologies

Solid Financial Technologies Private Limited (SFTPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 January 2020 (Five years 12 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Wise R&D India 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 0.20 M and a paid-up capital of Rs 0.20 M, as per Ministry of Corporate Affairs (MCA) records.

Raghav Lal, Arjun Thyagarajan, Bangalore Kumar, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2020PTC131821

  • Company No.

    131821

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 2020

  • Date of AGM

    30 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 Solid Financial Technologies?

Board Members (4)

Name Designation Appointment Date Status
Raghav Lal Country flag representing In Director 25-Jun-2020 Current
Arjun Thyagarajan Country flag representing In Director 25-Jun-2020 Current
Bangalore Kumar Country flag representing In Director 22-Jan-2020 Current
Kaveri Kumar Country flag representing In Director 22-Jan-2020 Current

Financial Performance of Solid Financial Technologies.

Solid Financial Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.46% increase. The company also saw a substantial improvement in profitability, with a 98.31% increase in profit. The company's net worth Soared by an impressive increase of 91.21%.

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
47.46%
Revenue from Operations
47.47%
Total Assets
30.73%
Profit or Loss
98.31%
Net Worth
91.21%
EBITDA
41.23%

What is the Ownership and Shareholding Structure of Solid Financial Technologies?

In 2023, Solid Financial Technologies had a promoter holding of 100.00%. 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 Solid Financial Technologies?

Solid Financial Technologies has a workforce of 47 employees as of Apr 08, 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 Solid Financial Technologies, 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 Solid Financial Technologies'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 Solid Financial Technologies

Recent activity within the organization

  • Annual General Meeting

    Solid Financial Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Raghav Lal was appointed as a Director was appointed as a Director on 25 Jun 2020 & has been associated with this company since 4 years 7 months .

    25 Jun 2020

  • Director Appointment

    Arjun Thyagarajan was appointed as a Director was appointed as a Director on 25 Jun 2020 & has been associated with this company since 4 years 7 months .

    25 Jun 2020

  • Director Appointment

    Bangalore Narayanaswamy Gnaneshwar Kumar was appointed as a Director was appointed as a Director on 22 Jan 2020 & has been associated with this company since 5 years 12 days .

    22 Jan 2020

  • Director Appointment

    Kaveri Kumar was appointed as a Director was appointed as a Director on 22 Jan 2020 & has been associated with this company since 5 years 12 days .

    22 Jan 2020

Frequently asked questions

  • Solid Financial Technologies Private Limited was incorporated on 22 Jan 2020.

  • The authorized share capital of Solid Financial Technologies Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.20 M.

  • Currently 4 directors are associated with Solid Financial Technologies Private Limited.

    • Raghav Lal
    • Arjun Thyagarajan
    • Bangalore Narayanaswamy Gnaneshwar Kumar
    • Kaveri Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solid Financial Technologies Private Limited is No.315 1St Floor 6Th Main Hal 2Nd Stage, Indiranagar India, Bangalore, Karnataka, 560038.

  • The corporate identification number (CIN) of Solid Financial Technologies Private Limited is U74999KA2020PTC131821 and the company number is 131821 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solid Financial Technologies Private Limited has risen by 47.46%.

  • As Per 2023 financial reports, 47 employees are currently employed by Solid Financial Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solid Financial Technologies Private Limited has experienced an upsurge of 91.21%.

  • The most recent Balance Sheet for Solid Financial Technologies Private Limited was filed with the ROC on 31 Mar 2024.

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