Sovereign Solutions India Private Limited

GIS-based solutions with cloud-hosted database management for data collection and decision support.

2021 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Sovereign Solutions India Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 7.33 Cr
  • Company Age 3 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 168.51%
  • Profit Growth -101.22%
  • Ebitda -99.87%
  • Net Worth -346.02%
  • Total Assets 80.86%

About Sovereign Solutions India

Sovereign Solutions India Private Limited (SSIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 10 March 2021 (Three years and 11 months 8 days old ). Its registered office is in Mumbai, Maharashtra, 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 15.00 Cr and a paid-up capital of Rs 7.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nagendra Palle, Tarun Nagar, and Shiv Vutukuru serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sovereignsolutions.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2021FTC356696

  • Company No.

    356696

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    10 Mar 2021

  • Date of AGM

    28 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Sovereign Solutions India Private Limited offer?

Sovereign Solutions India Private Limited offers a wide range of products and services, including Marketing Services & Consultants, Marketing Services, IT, Networking & Automation Solution, IT Solutions, Software Development & IT Consultant, Software Consulting Service, Automobile Interiors & Accessories, Car Safety & Security Accessories.

Who are the key members and board of directors at Sovereign Solutions India?

Board Members (3)

Name Designation Appointment Date Status
Nagendra Palle Country flag representing In Director 10-Mar-2021 Current
Tarun Nagar Country flag representing In Director 10-Mar-2021 Current
Shiv Vutukuru Country flag representing In Director 10-Mar-2021 Current

Financial Performance of Sovereign Solutions India.

Sovereign Solutions India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 168.51% increase. The company also saw a substantial fall in profitability, with a 101.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 346.02%.

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
168.51%
Revenue from Operations
171.05%
Total Assets
80.86%
Profit or Loss
-101.22%
Net Worth
-346.02%
EBITDA
-99.87%

What is the Ownership and Shareholding Structure of Sovereign Solutions India?

In 2023, Sovereign Solutions India 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Sovereign Solutions India?

Sovereign Solutions India has a workforce of 28 employees as of Mar 29, 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 Sovereign Solutions India, 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 Sovereign Solutions India'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 Sovereign Solutions India

Recent activity within the organization

  • Annual General Meeting

    Sovereign Solutions India Private Limited last Annual general meeting of members was held on 28 Aug 2024 as per latest MCA records.

    28 Aug 2024

  • Balance Sheet

    Sovereign Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Nagendra Palle was appointed as a Director was appointed as a Director on 10 Mar 2021 & has been associated with this company since 3 years 11 months .

    10 Mar 2021

  • Director Appointment

    Tarun Nagar was appointed as a Director was appointed as a Director on 10 Mar 2021 & has been associated with this company since 3 years 11 months .

    10 Mar 2021

  • Director Appointment

    Shiv Kiran Vutukuru was appointed as a Director was appointed as a Director on 10 Mar 2021 & has been associated with this company since 3 years 11 months .

    10 Mar 2021

  • Company Incorporation

    Sovereign Solutions India Private Limited was registered on 10 Mar 2021 with Roc Mumbai & aged 3 years 11 months as per MCA records.

    10 Mar 2021

Frequently asked questions

  • Sovereign Solutions India Private Limited was incorporated on 10 Mar 2021.

  • The authorized share capital of Sovereign Solutions India Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 7.33 Cr.

  • Currently 3 directors are associated with Sovereign Solutions India Private Limited.

    • Nagendra Palle
    • Tarun Nagar
    • Shiv Kiran Vutukuru
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sovereign Solutions India Private Limited is Wework 247 Park 13Th Floor Vikhroli Corporate Hindustan C. Bus St Lbs Rd Gandhi Nagar W India, Mumbai, Maharashtra, 400079.

  • The corporate identification number (CIN) of Sovereign Solutions India Private Limited is U72900MH2021FTC356696 and the company number is 356696 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sovereign Solutions India Private Limited is https://www.sovereignsolutions.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sovereign Solutions India Private Limited has risen by 168.51%.

  • As Per 2023 financial reports, 28 employees are currently employed by Sovereign Solutions India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sovereign Solutions India Private Limited has experienced an downturn of -346.02%.

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