Solivar Software Development Company Private Limited

Provides IT and software design and development services since 2002.

2002 | Hyderabad, Telangana (India) | Active
Last Updated: December 27, 2024

Solivar Software Development Company Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.25 M
  • Company Age 22 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -56.40%
  • Profit Growth 67.39%
  • Ebitda 33.24%
  • Net Worth 18.77%
  • Total Assets 2.53%

About Solivar Software Development Company

Solivar Software Development Company Private Limited (SSDCPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 May 2002 and has a history of 22 years and nine months. Its registered office is in Hyderabad, Telangana, India.

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 0.50 M and a paid-up capital of Rs 0.25 M, as per Ministry of Corporate Affairs (MCA) records.

Ajay Cherukuri and Sandeep Naidu serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    solivar.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900TG2002PTC038935

  • Company No.

    038935

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 May 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Solivar Software Development Company?

Board Members (2)

NameDesignationAppointment DateStatus
Ajay Cherukuri Country flag representing In Whole-Time Director 05-Mar-2009Current
Sandeep Naidu Director 30-Sep-2024Current

Financial Performance of Solivar Software Development Company.

Solivar Software Development Company Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 56.4% decrease. The company also saw a substantial improvement in profitability, with a 67.39% increase in profit. The company's net worth Soared by an impressive increase of 18.77%.

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
-56.40%
Revenue from Operations
-57.41%
Total Assets
2.53%
Profit or Loss
67.39%
Net Worth
18.77%
EBITDA
33.24%

What is the Ownership and Shareholding Structure of Solivar Software Development Company?

In 2018, Solivar Software Development Company had a public 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 Solivar Software Development Company?

Unlock and access historical data on people associated with Solivar Software Development Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solivar Software Development Company, 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 Solivar Software Development Company'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 Solivar Software Development Company

Recent activity within the organization

  • Annual General Meeting

    Solivar Software Development Company Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Sandeep Reddy Naidu was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 4 months 27 days .

    30 Sep 2024

  • Balance Sheet

    Solivar Software Development Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Ajay Cherukuri was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 05 Mar 2009 & has been associated with this company since 15 years 11 months .

    05 Mar 2009

  • Company Incorporation

    Solivar Software Development Company Private Limited was registered on 13 May 2002 with Roc Hyderabad & aged 22 years 9 months as per MCA records.

    13 May 2002

Frequently asked questions

  • Solivar Software Development Company Private Limited was incorporated on 13 May 2002.

  • The authorized share capital of Solivar Software Development Company Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.25 M.

  • Currently 2 directors are associated with Solivar Software Development Company Private Limited.

    • Ajay Cherukuri
    • Sandeep Reddy Naidu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solivar Software Development Company Private Limited is Plot No. 17 18 Flat 301 Vishnu Avenue Krithika Layout, Jai Hind Enclave India, Shaikpet, Telangana, 500081.

  • The corporate identification number (CIN) of Solivar Software Development Company Private Limited is U72900TG2002PTC038935 and the company number is 038935 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solivar Software Development Company Private Limited is https://www.solivar.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Solivar Software Development Company Private Limited has fallen by -56.40%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Solivar Software Development Company Private Limited has experienced an upsurge of 18.77%.

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

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