Sharon Solutions Limited

Established in 2001, this company manufactures SIM cards and exports to various countries, with a monthly capacity of 15 million cards.

2001 | Kanchipuram, Tamil Nadu (India) | Under Insolvency
Last Updated:

Sharon Solutions Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.36 Cr
  • Company Age 23 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 198.13 Cr
  • Satisfied Charges ₹ 5.77 Cr
  • Revenue Growth 21.87%
  • Profit Growth -27.80%
  • Ebitda -36.75%
  • Net Worth 15.55%
  • Total Assets 2.41%

About Sharon Solutions

Sharon Solutions Limited (SSL) is Under Cirp company established on 19 Oct 2001 with its office registered at Kanchipuram, Tamil Nadu, India and has been running since 23 Year, 6 Months with a paid up capital of 9.36 Cr. According to MCA records, 3 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51506TN2001PLC047919

  • Company No.

    047919

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 2001

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology
Company report

Sharon Solutions Limited

Explore comprehensive data for Sharon Solutions Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kamalraj Johnson Country flag representing In Managing Director19-Oct-2001Current

Board Members (2)

NameDesignationAppointment DateStatus
Poonam Garg Country flag representing In Nominee Director 09-May-2012Current
Udayakumar Maheswari Country flag representing In Director 20-May-2005Current

Financial Performance of Sharon Solutions.

Sharon Solutions Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 21.87% increase. The company also saw a substantial fall in profitability, with a 27.8% decrease in profit. The company's net worth Soared by an impressive increase of 15.55%.

Sharon Solutions revenue growth over time
Sharon Solutions 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
21.87%
Revenue from Operations
22.36%
Total Assets
2.41%
Profit or Loss
-27.80%
Net Worth
15.55%
EBITDA
-36.75%

What is the Ownership and Shareholding Structure of Sharon Solutions?

In 2018, Sharon Solutions had a promoter holding of 99.76% and a public holding of 0.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹198.13 Cr

Satisfied Charges

₹5.77 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 99.00 Cr
  • Edelweiss Asset Reconstruction Company Limited : 81.05 Cr
  • Canara Bank : 18.00 Cr
  • Federal Bank Limited : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2013Uco Bank₹65.00 CrOpen
15 Jun 2013Canara Bank₹18.00 CrOpen
04 Mar 2013Uco Bank₹22.00 CrOpen
04 Mar 2013Uco Bank₹12.00 CrOpen
03 Feb 2011Federal Bank Limited₹0.75 MOpen

How Many Employees Work at Sharon Solutions?

Sharon Solutions has a workforce of 40 employees as of Mar 28, 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.

Employee growth trends for Sharon Solutions Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sharon 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 Sharon 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

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 Sharon Solutions

Recent activity within the organization

  • Annual General Meeting

    Sharon Solutions Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Sharon Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.

  • Charges

    A charge with Edelweiss Asset Reconstruction Company Limited of Rs. 81.05 Cr registered on 21 Jun 2006 with Charge ID 80033856 was modified on 30 Jun 2014.

  • Charges

    A charge with Uco Bank amounted to Rs. 65.00 Cr with Charge ID 10455777 was registered on 28 Sep 2013.

  • Charges

    A charge with Canara Bank of Rs. 18.00 Cr registered on 15 Jun 2013 with Charge ID 10437084 was modified on 25 Jun 2013.

  • Charges

    A charge with Canara Bank amounted to Rs. 18.00 Cr with Charge ID 10437084 was registered on 15 Jun 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Sharon Solutions Limited?

    Sharon Solutions Limited was incorporated on 19 Oct 2001.

  • What is authorized share capital and paid-up capital of Sharon Solutions Limited?

    The authorized share capital of Sharon Solutions Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.36 Cr.

  • Who are the current board members & directors of Sharon Solutions Limited?

    Currently 3 directors are associated with Sharon Solutions Limited.

    • Poonam Garg
    • Kamalraj Johnson
    • Udayakumar Uma Maheswari

  • What is the registered address of Sharon Solutions Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sharon Solutions Limited is Ground Floor Jeena House No.520 M.K.N Road, Alandur India, Chennai, Tamil Nadu, 600016.

  • What is the corporate identification number (CIN) and company number of Sharon Solutions Limited?

    The corporate identification number (CIN) of Sharon Solutions Limited is U51506TN2001PLC047919 and the company number is 047919 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sharon Solutions Limited?

    The Official website of Sharon Solutions Limited is https://www.sharonsolutions.com

  • What has been the recent revenue trend for Sharon Solutions Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Sharon Solutions Limited has risen by 21.87%.

  • How many employees does Sharon Solutions Limited currently have?

    As Per 2018 financial reports, 40 employees are currently employed by Sharon Solutions Limited.

  • What change has been observed in the net worth of Sharon Solutions Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Sharon Solutions Limited has experienced an upsurge of 15.55%.

  • What are the total open charges for Sharon Solutions Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Sharon Solutions Limited amount to ₹ 198.13 Cr.

  • When was the last Balance Sheet of Sharon Solutions Limited filed with the ROC?

    The most recent Balance Sheet for Sharon Solutions Limited was filed with the ROC on 31 Mar 2021.

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