Solize India Technologies Private Limited

Provides engineering services and software solutions for product development in various industries.

1992 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Solize India Technologies Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 12.00 Cr
  • Company Age 32 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 13.25 Cr
  • Revenue Growth 19.03%
  • Profit Growth 54.39%
  • Ebitda 9.91%
  • Net Worth -9.98%
  • Total Assets 1.44%

About Solize India Technologies

Solize India Technologies Private Limited (SITPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 August 1992 and has a history of 32 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Solize India Technologies 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 13.00 Cr and a paid-up capital of Rs 12.00 Cr.

The company has closed loans amounting to ₹13.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Solize India Technologies Private Limited India are Venganellur Mahadevan as CEO and Sandeep V as Company Secretary. Venganellur Mahadevan, Takuya Saito, and Tsutomu Yoshii 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

    U72200KA1992PTC013433

  • Company No.

    013433

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 1992

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Solize India Technologies Private Limited offer?

Solize India Technologies Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Architectural & Civil Engineering, Architectural Services, Product Engineering and Prototyping, Product Designing, Computer and Mobile Softwares & Apps, ERP Packages, Product Lifecycle Management Services, Software Development & IT Consultant.

Who are the key members and board of directors at Solize India Technologies?

Executive Team (2)

Name Designation Appointment Date Status
Venganellur Mahadevan Country flag representing In CEO 11-Jan-2018 Current
Sandeep V Company Secretary 15-Mar-2023 Current

Board Members (3)

Name Designation Appointment Date Status
Venganellur Mahadevan Country flag representing In Director and Ceo 20-Dec-2017 Current
Takuya Saito Country flag representing Jp Director 13-Dec-2017 Current
Tsutomu Yoshii Country flag representing Jp Director 22-Feb-2019 Current

Financial Performance of Solize India Technologies.

Solize India Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.03% increase. The company also saw a substantial improvement in profitability, with a 54.39% increase in profit. The company's net worth dipped by a decrease of 9.98%.

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
19.03%
Revenue from Operations
18.92%
Total Assets
1.44%
Profit or Loss
54.39%
Net Worth
-9.98%
EBITDA
9.91%

What is the Ownership and Shareholding Structure of Solize India Technologies?

In 2023, Solize India 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)

Open Charges

₹0

Satisfied Charges

₹13.25 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 9.25 Cr
  • Corporation Bank : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Aug 2006 Canara Bank ₹9.25 Cr Satisfied
27 Nov 2003 Corporation Bank ₹4.00 Cr Satisfied

How Many Employees Work at Solize India Technologies?

Solize India Technologies has a workforce of 182 employees as of Mar 31, 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 Solize India 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 Solize India 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 Solize India Technologies

Recent activity within the organization

  • Annual General Meeting

    Solize India Technologies Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Sandeep K V was appointed as a Company Secretary was appointed as a Company Secretary on 15 Mar 2023 & has been associated with this company since 1 year 10 months .

    15 Mar 2023

  • Director Appointment

    Tsutomu Yoshii was appointed as a Director was appointed as a Director on 22 Feb 2019 & has been associated with this company since 5 years 11 months .

    22 Feb 2019

  • Director Appointment

    Venganellur Subramaniam Mahadevan was appointed as a Ceo was appointed as a Ceo on 11 Jan 2018 & has been associated with this company since 7 years 22 days .

    11 Jan 2018

  • Director Appointment

    Venganellur Subramaniam Mahadevan was appointed as a Director was appointed as a Director on 20 Dec 2017 & has been associated with this company since 7 years 1 month .

    20 Dec 2017

Frequently asked questions

  • Solize India Technologies Private Limited was incorporated on 12 Aug 1992.

  • The authorized share capital of Solize India Technologies Private Limited is ₹ 13.00 Cr and paid-up capital is ₹ 12.00 Cr.

  • Currently 5 directors are associated with Solize India Technologies Private Limited.

    • Venganellur Subramaniam Mahadevan
    • Takuya Saito
    • Tsutomu Yoshii
    • Venganellur Subramaniam Mahadevan
    • Sandeep K V
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solize India Technologies Private Limited is 2Nd Floor Unit Nos. 201 B 202 Brigade Opus No. 70/401 Kodigehalli Gate, Hebbal India, Bangalore, Karnataka, 560092.

  • The corporate identification number (CIN) of Solize India Technologies Private Limited is U72200KA1992PTC013433 and the company number is 013433 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solize India Technologies Private Limited is https://www.solize.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solize India Technologies Private Limited has risen by 19.03%.

  • As Per 2023 financial reports, 182 employees are currently employed by Solize India Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solize India Technologies Private Limited has experienced an downturn of -9.98%.

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

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