Solware It Infotech Private Limited

IT company providing web design, development, online solutions, training, and placement services for educational and corporate sectors.

2017 | Hyderabad, Telangana (India) | Active
Last Updated: February 08, 2025

Solware It Infotech Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.89 Cr
  • Revenue Growth -37.74%
  • Profit Growth -56.93%
  • Ebitda -93.74%
  • Net Worth 9.83%
  • Total Assets -0.36%

About Solware It Infotech

Solware It Infotech Private Limited (SIIPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 April 2017 (Seven years and nine months 24 days old ). 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.89 Cr.

Lakshmi Ariga, Asha Ariga, and Sharath Yerram serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900TG2017PTC116569

  • Company No.

    116569

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Apr 2017

  • 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 Solware It Infotech?

Board Members (3)

Name Designation Appointment Date Status
Lakshmi Ariga Country flag representing In Director 17-Apr-2017 Current
Asha Ariga Country flag representing In Director 17-Apr-2017 Current
Sharath Yerram Country flag representing In Director 01-Jun-2023 Current

Financial Performance of Solware It Infotech.

Solware It Infotech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.74% decrease. The company also saw a substantial fall in profitability, with a 56.93% decrease in profit. The company's net worth moved up by a moderate rise of 9.83%.

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
-37.74%
Revenue from Operations
-38.85%
Total Assets
-0.36%
Profit or Loss
-56.93%
Net Worth
9.83%
EBITDA
-93.74%

What is the Ownership and Shareholding Structure of Solware It Infotech?

Unlock access to Solware It Infotech'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)

Open Charges

₹48.86 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.50 Cr
  • Hdfc Bank Limited : 2.39 Cr

Latest Charge Details

Date Lender Amount Status
10 May 2024 Hdfc Bank Limited ₹2.01 Cr Open
10 May 2023 Hdfc Bank Limited ₹3.76 M Open
16 Jul 2021 Others ₹2.50 Cr Open

How Many Employees Work at Solware It Infotech?

Unlock and access historical data on people associated with Solware It Infotech, 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 Solware It Infotech, 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 Solware It Infotech'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 Solware It Infotech

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.10 M with Charge ID 100953064 was registered on 10 May 2024.

    10 May 2024

  • Balance Sheet

    Solware It Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Sharath Reddy Yerram was appointed as a Director was appointed as a Director on 01 Jun 2023 & has been associated with this company since 1 year 8 months .

    01 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.76 M with Charge ID 100734362 was registered on 10 May 2023.

    10 May 2023

  • Charges

    A charge with Others amounted to Rs. 25.00 M with Charge ID 100465137 was registered on 16 Jul 2021.

    16 Jul 2021

Frequently asked questions

  • Solware It Infotech Private Limited was incorporated on 17 Apr 2017.

  • The authorized share capital of Solware It Infotech Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Solware It Infotech Private Limited.

    • Lakshmi Prasanna Ariga
    • Asha Latha Ariga
    • Sharath Reddy Yerram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solware It Infotech Private Limited is Plot Mig-416 Road No 4 Remedy Hospitl Lane Phase I Flat 101 Anusha Avnue Apart Ment Kphb India, Hyderabad, Telangana, 500072.

  • The corporate identification number (CIN) of Solware It Infotech Private Limited is U72900TG2017PTC116569 and the company number is 116569 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solware It Infotech Private Limited is https://www.solwareitinfotech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solware It Infotech Private Limited has fallen by -37.74%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solware It Infotech Private Limited has experienced an upsurge of 9.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Solware It Infotech Private Limited amount to ₹ 4.89 Cr.

  • The most recent Balance Sheet for Solware It Infotech Private Limited was filed with the ROC on 31 Mar 2024.