Sol India Private Limited

This company manufactures technical gases and related technologies for various industries and clients.

2010 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 26, 2024

Sol India Profile

Key Indicators

  • Authorised Capital ₹ 109.00 Cr
  • Paid Up Capital ₹ 70.40 Cr
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.75 Cr
  • Satisfied Charges ₹ 7.50 Cr
  • Revenue Growth 10.35%
  • Profit Growth -269.19%
  • Ebitda -78.63%
  • Net Worth -4.33%
  • Total Assets 85.07%

About Sol India

Sol India Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 May 2010 and has a history of 14 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Sicgilsol India Private Limited. The Company is engaged in the Chemicals And Materials 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 109.00 Cr and a paid-up capital of Rs 70.40 Cr.

The company currently has active open charges totaling ₹13.75 Cr. The company has closed loans amounting to ₹7.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sol India Private Limited India is Jayaraj Chandrasekar as COMPANY SECRETARY. Nauzer Dadabhoy, Daniele Forni, Marco Annoni, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24120TN2010PTC075627

  • Company No.

    075627

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 May 2010

  • Date of AGM

    22 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Chemicals and Materials

What products or services does Sol India Private Limited offer?

Sol India Private Limited offers a wide range of products and services, including Storage Tanks, Drums & Containers, Transport Tanks, Surgical & ICU Equipments, Oxygen Mask, Flowmeter & Humidifier Bottle, Oxygen & Nitrogen Gas Plants, Cylinder Filling Plants, Patient Monitoring System, Industrial Chemicals & Supplies, Chemical Compound, Air Regulators.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Daniele Forni Country flag representing It Managing Director14-May-2010Current
Jayaraj Chandrasekar Country flag representing In Company Secretary11-Nov-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Nauzer Dadabhoy Country flag representing In Director 30-May-2014Current
Marco Annoni Country flag representing It Director 14-May-2010Current
Aldo Romario Country flag representing It Director 21-May-2010Current
Venkatesan Country flag representing In Whole-Time Director 23-Dec-2020Current
Renato Imeri Country flag representing It Director 27-Nov-2020Current

Financial Performance of Sol India.

Sol India Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 10.35% increase. The company also saw a substantial fall in profitability, with a 269.19% decrease in profit. The company's net worth dipped by a decrease of 4.33%.

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
10.35%
Revenue from Operations
9.58%
Total Assets
85.07%
Profit or Loss
-269.19%
Net Worth
-4.33%
EBITDA
-78.63%

What is the Ownership and Shareholding Structure of Sol India?

In 2023, Sol 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)

Open Charges

₹13.75 Cr

Satisfied Charges

₹7.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 13.49 Cr
  • Others : 0.26 Cr

Latest Charge Details

DateLenderAmountStatus
02 Aug 2016Hdfc Bank Limited₹7.00 CrOpen
28 Jul 2016Others₹2.56 MOpen
03 Mar 2016Hdfc Bank Limited₹2.00 CrOpen
18 Dec 2014Hdfc Bank Limited₹2.40 MOpen
22 Aug 2013Hdfc Bank Limited₹1.20 MOpen

How Many Employees Work at Sol India?

Sol India has a workforce of 50 employees as of Apr 07, 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 Sol 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 Sol 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 Sol India

Recent activity within the organization

  • Annual General Meeting

    Sol India Private Limited last Annual general meeting of members was held on 22 Jul 2024 as per latest MCA records.

    22 Jul 2024

  • Balance Sheet

    Sol India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 20 Jun 2016 via Charge ID 100057586 with Hdfc Bank Limited was fully satisfied on 08 Jul 2021.

    08 Jul 2021

  • Director Appointment

    Venkatesan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Dec 2020 & has been associated with this company since 4 years 1 month .

    23 Dec 2020

  • Director Appointment

    Renato Emilio Imeri was appointed as a Director was appointed as a Director on 27 Nov 2020 & has been associated with this company since 4 years 2 months .

    27 Nov 2020

  • Charges

    A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 02 Aug 2016 with Charge ID 100060471 was modified on 18 Jan 2018.

    18 Jan 2018

Frequently asked questions

  • Sol India Private Limited was incorporated on 07 May 2010.

  • The authorized share capital of Sol India Private Limited is ₹ 109.00 Cr and paid-up capital is ₹ 70.40 Cr.

  • Currently 7 directors are associated with Sol India Private Limited.

    • Nauzer Farooque Dadabhoy
    • Daniele Forni
    • Marco Annoni
    • Aldo Fumagalli Romario
    • Venkatesan
    • Renato Emilio Imeri
    • Jayaraj Chandrasekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sol India Private Limited is No.3, Tarapore Towers No.826 Anna Salai India, Chennai, Tamil Nadu, 600002.

  • The corporate identification number (CIN) of Sol India Private Limited is U24120TN2010PTC075627 and the company number is 075627 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sol India Private Limited is https://www.sicgilsol.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Sol India Private Limited has risen by 10.35%.

  • As Per 2024 financial reports, 50 employees are currently employed by Sol India Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Sol India Private Limited has experienced an downturn of -4.33%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Sol India Private Limited amount to ₹ 13.75 Cr.

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

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