Solvo Elevators Private Limited

Provides elevator services including installation, repairs, maintenance, and design for various clients and partners.

2019 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 03, 2024

Solvo Elevators Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -23.40%
  • Profit Growth -77.30%
  • Ebitda -45.49%
  • Net Worth 16.01%
  • Total Assets 113.06%

About Solvo Elevators

Solvo Elevators Private Limited (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 May 2019 (Five years and eight months 25 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Ruchirkumar Oza and Janakkumar Oza serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    solvoelevators.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29308GJ2019PTC108440

  • Company No.

    108440

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 May 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Solvo Elevators?

Board Members (2)

NameDesignationAppointment DateStatus
Ruchirkumar Oza Country flag representing In Director 31-May-2019Current
Janakkumar Oza Country flag representing In Director 31-May-2019Current

Financial Performance of Solvo Elevators.

Solvo Elevators Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 23.4% decrease. The company also saw a substantial fall in profitability, with a 77.3% decrease in profit. The company's net worth Soared by an impressive increase of 16.01%.

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
-23.40%
Revenue from Operations
-23.42%
Total Assets
113.06%
Profit or Loss
-77.30%
Net Worth
16.01%
EBITDA
-45.49%

What is the Ownership and Shareholding Structure of Solvo Elevators?

Unlock access to Solvo Elevators'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 Solvo Elevators?

Unlock and access historical data on people associated with Solvo Elevators, 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 Solvo Elevators, 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 Solvo Elevators'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 Solvo Elevators

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Solvo Elevators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Ruchirkumar Janakkumar Oza was appointed as a Director was appointed as a Director on 31 May 2019 & has been associated with this company since 5 years 8 months .

    31 May 2019

  • Director Appointment

    Janakkumar Balkrishnabhai Oza was appointed as a Director was appointed as a Director on 31 May 2019 & has been associated with this company since 5 years 8 months .

    31 May 2019

  • Company Incorporation

    Solvo Elevators Private Limited was registered on 31 May 2019 with Roc Ahmedabad & aged 5 years 8 months as per MCA records.

    31 May 2019

Frequently asked questions

  • Solvo Elevators Private Limited was incorporated on 31 May 2019.

  • The authorized share capital of Solvo Elevators Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Solvo Elevators Private Limited.

    • Ruchirkumar Janakkumar Oza
    • Janakkumar Balkrishnabhai Oza
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solvo Elevators Private Limited is A-203 Satyamev-1 Opp. High Court, S.G Highway India, Ahmedabad, Gujarat, 380060.

  • The corporate identification number (CIN) of Solvo Elevators Private Limited is U29308GJ2019PTC108440 and the company number is 108440 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solvo Elevators Private Limited is https://www.solvoelevators.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Solvo Elevators Private Limited has fallen by -23.40%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Solvo Elevators Private Limited has experienced an upsurge of 16.01%.

  • The most recent Balance Sheet for Solvo Elevators Private Limited was filed with the ROC on 31 Mar 2024.