Solvere Business Solutions Private Limited

Provides IT enabled services for businesses.

2016 | Rangareddy, Telangana (India) | Active
Last Updated: December 16, 2024

Solvere Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 39.72%
  • Profit Growth -65.89%
  • Ebitda -58.75%
  • Net Worth 12.39%
  • Total Assets 30.44%

About Solvere Business Solutions

Solvere Business Solutions Private Limited (SBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 December 2016 (Eight years and one month 14 days old ). Its registered office is in Rangareddy, 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Anantha Pantangi and Adinarayana Chennupati serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900TG2016PTC113617

  • Company No.

    113617

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Dec 2016

  • Date of AGM

    27 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 Solvere Business Solutions?

Board Members (2)

Name Designation Appointment Date Status
Anantha Pantangi Country flag representing In Director 22-Dec-2016 Current
Adinarayana Chennupati Country flag representing In Director 22-Dec-2016 Current

Financial Performance of Solvere Business Solutions.

Solvere Business Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.72% increase. The company also saw a substantial fall in profitability, with a 65.89% decrease in profit. The company's net worth Soared by an impressive increase of 12.39%.

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
39.72%
Revenue from Operations
39.72%
Total Assets
30.44%
Profit or Loss
-65.89%
Net Worth
12.39%
EBITDA
-58.75%

What is the Ownership and Shareholding Structure of Solvere Business Solutions?

Unlock access to Solvere Business Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Solvere Business Solutions?

Unlock and access historical data on people associated with Solvere Business Solutions, 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 Solvere Business Solutions, 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 Solvere Business Solutions'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

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Latest Updates, News, and FAQs on Solvere Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Solvere Business Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Solvere Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Anantha Laxmi Pantangi was appointed as a Director was appointed as a Director on 22 Dec 2016 & has been associated with this company since 8 years 1 month .

    22 Dec 2016

  • Director Appointment

    Adinarayana Chennupati was appointed as a Director was appointed as a Director on 22 Dec 2016 & has been associated with this company since 8 years 1 month .

    22 Dec 2016

  • Company Incorporation

    Solvere Business Solutions Private Limited was registered on 22 Dec 2016 with Roc Hyderabad & aged 8 years 1 month as per MCA records.

    22 Dec 2016

Frequently asked questions

  • Solvere Business Solutions Private Limited was incorporated on 22 Dec 2016.

  • The authorized share capital of Solvere Business Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Solvere Business Solutions Private Limited.

    • Anantha Laxmi Pantangi
    • Adinarayana Chennupati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solvere Business Solutions Private Limited is Plot No.10/8 Cdc Tower 1St Floor Road No.5 Ida Nacharam, India, Hyderabad, Telangana, 500076.

  • The corporate identification number (CIN) of Solvere Business Solutions Private Limited is U72900TG2016PTC113617 and the company number is 113617 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solvere Business Solutions Private Limited has risen by 39.72%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solvere Business Solutions Private Limited has experienced an upsurge of 12.39%.

  • The most recent Balance Sheet for Solvere Business Solutions Private Limited was filed with the ROC on 31 Mar 2024.