Solifi Software India Private Limited

Provides software development services to international companies.

2004 | Bangaluru, Karnataka (India) | Active
Last Updated: December 04, 2024

Solifi Software India Profile

Key Indicators

  • Authorised Capital ₹ 1.05 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 M
  • Revenue Growth -14.52%
  • Profit Growth 30.43%
  • Ebitda -28.62%
  • Net Worth 27.49%
  • Total Assets 40.05%

About Solifi Software India

Solifi Software India Private Limited (SSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 June 2004 and has a history of 20 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Ids Software Solutions (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 1.05 Cr and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.00 M.

Venkat Sundaramurthy, David Matthews, and Abhimanyu Murarka 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

    U72200KA2004PTC034086

  • Company No.

    034086

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 2004

  • Date of AGM

    29 May 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 Solifi Software India?

Board Members (3)

Name Designation Appointment Date Status
Venkat Sundaramurthy Country flag representing In Director 12-Dec-2018 Current
David Matthews Country flag representing Au Director 26-Dec-2019 Current
Abhimanyu Murarka Country flag representing In Director 11-Oct-2022 Current

Financial Performance of Solifi Software India.

Solifi Software India Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 14.52% decrease. The company also saw a substantial improvement in profitability, with a 30.43% increase in profit. The company's net worth Soared by an impressive increase of 27.49%.

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
-14.52%
Revenue from Operations
-14.56%
Total Assets
40.05%
Profit or Loss
30.43%
Net Worth
27.49%
EBITDA
-28.62%

What is the Ownership and Shareholding Structure of Solifi Software India?

In 2022, Solifi Software India 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)

Open Charges

₹0.10 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
10 Sep 2020 The Hongkong And Shanghai Banking Corporation Limited ₹1.00 M Open

How Many Employees Work at Solifi Software India?

Solifi Software India has a workforce of 288 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 Solifi Software India, 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 Solifi Software India'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 Solifi Software India

Recent activity within the organization

  • Annual General Meeting

    Solifi Software India Private Limited last Annual general meeting of members was held on 29 May 2024 as per latest MCA records.

    29 May 2024

  • Balance Sheet

    Solifi Software India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Abhimanyu Murarka was appointed as a Director was appointed as a Director on 11 Oct 2022 & has been associated with this company since 2 years 4 months .

    11 Oct 2022

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.10 Cr with Charge ID 100370613 was registered on 10 Sep 2020.

    10 Sep 2020

  • Director Appointment

    David John Hamilton Matthews was appointed as a Director was appointed as a Director on 26 Dec 2019 & has been associated with this company since 5 years 1 month .

    26 Dec 2019

  • Director Appointment

    Venkat Sundaramurthy was appointed as a Director was appointed as a Director on 12 Dec 2018 & has been associated with this company since 6 years 2 months .

    12 Dec 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Solifi Software India Private Limited was incorporated on 07 Jun 2004.

  • The authorized share capital of Solifi Software India Private Limited is ₹ 1.05 Cr and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Solifi Software India Private Limited.

    • Venkat Sundaramurthy
    • David John Hamilton Matthews
    • Abhimanyu Murarka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solifi Software India Private Limited is 48 Church St Haridevpur Shanthala Nagar, Ashok Nagar India, Bangalore North, Karnataka, 560001.

  • The corporate identification number (CIN) of Solifi Software India Private Limited is U72200KA2004PTC034086 and the company number is 034086 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solifi Software India Private Limited is https://www.idsgrp.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Solifi Software India Private Limited has fallen by -14.52%.

  • As Per 2022 financial reports, 288 employees are currently employed by Solifi Software India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Solifi Software India Private Limited has experienced an upsurge of 27.49%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Solifi Software India Private Limited amount to ₹ 1.00 M.

  • The most recent Balance Sheet for Solifi Software India Private Limited was filed with the ROC on 31 Mar 2024.

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