Sollet Soft Solutions Private Limited - Due diligence report

A 360° intelligence report on Sollet: trust score, financial health, credit view, compliance, directors, growth and distress signals - gener…

2012-08-24 Hyderabad, Telangana Active Unlisted Active Non-Compliant
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SS Sollet Soft Solutions Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Sollet — 360° Intelligence Report

Generated from MCA filings & public records
57/100
Trust Score
Moderate

Sollet is assessed as Moderate with a Trust Score of 57/100. Sollet is an active private limited indian non-government company incorporated in 2012, operating in the Financial Services sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Sollet Soft Solutions Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
57/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
18/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
65/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 65/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 1 open (40.00 Lakh) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Others1 48.0 cr
Compliance Score: 18/100 Caution Indicated
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A).
  • Last balance sheet is for Mar 2020 - filings overdue.
  • Flagged by authority: MCA.
  • Litigation present in 1 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
RAMESH BASWA 01234567 Director 01/04/2018 6 yrs Approved
ELISHA PALLE ISRAEL 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • RAMESH BASWA has DIN status "Disqualified by RoC u/s 164(2)".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2015)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2020 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
20 allotment(s) · 0 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Key managerial personnel: RAMESH BASWA (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 55
Growth signals & trust indicators
Operating for 13+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Profit declined two years in a row.
Statutory filings appear overdue.
Compliance score is weak (18/100).
1 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence41/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment58/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 40.00 Lakh already registered.
  • Compliance gaps should be priced into terms.
Investor view58/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
04 Jan 2022
Director appointed
ELISHA PALLE ISRAEL (Additional Director)
Director ceased
REMILLA SHANMUKHA KARTHIK
15 Oct 2020
Director ceased
BASWA RAJITHA
Director ceased
RAMESH BABU SAGI
05 Oct 2020
Last AGM held
Annual general meeting
31 Mar 2020
Latest balance sheet
Filed with ROC
11 Sep 2017
Director ceased
CHANDRA SHAKER
27 Oct 2016
Charge created
Others - 40.00 Lakh
01 Nov 2015
Director ceased
USHA NANDA KUMAR SOORAJ
18 Sep 2015
Securities allotted
47423 Equity Shares Without Differential Rights - 37.94 Lakh raised
13 Jul 2015
Director ceased
RATNAKUMAR MALLUBHOTLA
01 Apr 2015
Securities allotted
101108 Preference Shares - 77.85 Lakh raised
27 Mar 2015
Securities allotted
30 Equity Shares Without Differential Rights - 2,310.00 raised
Securities allotted
129621 Preference Shares - 99.81 Lakh raised
04 Dec 2014
Securities allotted
125357 Equity Shares Without Differential Rights - 87.75 Lakh raised
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
2 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2020 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 20 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Shamai Data Solutions Private Limited U72200TG2012PTC082095 Uppal, Telangana, India
Progressive Interactive U74999MH2016PTC285223 Mumbai, Maharashtra, India
Iupaay Consultancy Services Private Limited U52100UP2014PTC067392 Noida, Uttar Pradesh, India
Vertisys It Solutions Private Limited U72200TG2019PTC129806 Hyderabad, Telangana, India
Softila Technologies Private Limited U72200KL2013PTC034377 Vazhakulam, Kerala, India
Visco Peruse Tech Private Limited U74999TN2018PTC125032 Chennai, Tamil Nadu, India
Webclox Evonus Technologies Private Limited U72500DL2019PTC349702 Delhi, Delhi, India
Netgen Soft Solutions Private Limited U72300KA2012PTC062291 Bangalore North, Karnataka, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Sollet before audits and certifications: compliance score 18/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Sollet: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 65/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 40/100, margin trends, ownership structure and peer set for Sollet - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 57/100, distress signals and MSME payment-delay disclosures - know whether Sollet pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Sollet - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Sollet an active company?

Sollet has MCA status “Active” with a compliance score of 18/100 (Caution Indicated).

Is Sollet financially healthy?

Sollet has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Sollet?

Its overall Trust Score is 57/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Sollet?

Promoters hold the largest single block of equity - exact percentages are in the full report. 2 active director(s) are on record.

Does Sollet have loans or charges against its assets?

1 open charge(s) are registered against its assets.

Is Sollet up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 18/100 (Caution Indicated).

Is it risky to lend to Sollet?

Its Credit Risk Score is 65/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.