Sol Innocab Private Limited

Manufactures electronic and electric wire and cable for various industries.

2015 | Goa, Goa (India) | Active
Last Updated:

Sol Innocab Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.57 M
  • Company Age 9 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.65 Cr
  • Satisfied Charges ₹ 13.50 Cr
  • Revenue Growth -33.70%
  • Profit Growth -75.95%
  • Ebitda -49.54%
  • Net Worth 3.84%
  • Total Assets 104.07%

About Sol Innocab

Sol Innocab Private Limited (SIPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 December 2015 (Nine years and five months 12 days old ). Its registered office is in Goa, Goa, India.

The Corporate was formerly known as Bhagyanagar Cables Private Limited. The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 3.57 M.

The company currently has active open charges totaling ₹5.65 Cr. The company has closed loans amounting to ₹13.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sacchin Bora, Siddharth Bora, Shreya Bora, and One other member serve as directors at the Company.

Company Details

  • Location

    Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28112GA2015PTC007776

  • Company No.

    007776

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Manufacturing

What products or services does Sol Innocab Private Limited offer?

Sol Innocab Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Instrumentation Cable, Telecommunication Equipment & Parts, Fiber Optic Cable, LAN Cable, CCTV Camera Accessories, CCTV Camera Cable, Wires, Electric Cable, Telecom Cable.

Company report

Sol Innocab Private Limited

Explore comprehensive data for Sol Innocab Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Sacchin Bora Country flag representing In Director 11-Dec-2015Current
Siddharth Bora Country flag representing In Director 11-Dec-2015Current
Shreya Bora Country flag representing In Director 02-Jan-2019Current
Ruchita Kathariya Country flag representing In Additional Director 10-Jan-2022Current

Financial Performance of Sol Innocab.

Sol Innocab Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.7% decrease. The company also saw a substantial fall in profitability, with a 75.95% decrease in profit. The company's net worth moved up by a moderate rise of 3.84%.

Sol Innocab revenue growth over time
Sol Innocab 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
-33.70%
Revenue from Operations
-34.08%
Total Assets
104.07%
Profit or Loss
-75.95%
Net Worth
3.84%
EBITDA
-49.54%

What is the Ownership and Shareholding Structure of Sol Innocab?

In 2021, Sol Innocab 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

₹56.54 M

Satisfied Charges

₹135.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 5.65 Cr

Latest Charge Details

DateLenderAmountStatus
05 Nov 2024Hdfc Bank Limited₹5.34 CrOpen
09 May 2023Hdfc Bank Limited₹1.13 MOpen
15 Dec 2021Hdfc Bank Limited₹2.01 MOpen
23 Aug 2019Others₹13.50 CrSatisfied

How Many Employees Work at Sol Innocab?

Sol Innocab has a workforce of 16 employees as of Apr 09, 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 Sol Innocab Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sol Innocab, 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 Innocab'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 Innocab

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 53.40 M registered on 05 Nov 2024 with Charge ID 100999997 was modified on 16 Nov 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 53.40 M with Charge ID 100999997 was registered on 05 Nov 2024.

  • Annual General Meeting

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

  • Charges

    A charge registered on 23 Aug 2019 via Charge ID 100286677 with Others was fully satisfied on 01 Jul 2024.

  • Balance Sheet

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.13 M with Charge ID 100751813 was registered on 09 May 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Sol Innocab Private Limited?

    Sol Innocab Private Limited was incorporated on 11 Dec 2015.

  • What is authorized share capital and paid-up capital of Sol Innocab Private Limited?

    The authorized share capital of Sol Innocab Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.57 M.

  • Who are the current board members & directors of Sol Innocab Private Limited?

    Currently 4 directors are associated with Sol Innocab Private Limited.

    • Sacchin Suresh Bora
    • Siddharth Sacchin Bora
    • Shreya Sacchin Bora
    • Ruchita Sunil Kathariya

  • What is the registered address of Sol Innocab Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sol Innocab Private Limited is B50 Near Tcpl India, Ponda, Goa, 403115.

  • What is the corporate identification number (CIN) and company number of Sol Innocab Private Limited?

    The corporate identification number (CIN) of Sol Innocab Private Limited is U28112GA2015PTC007776 and the company number is 007776 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sol Innocab Private Limited?

    The Official website of Sol Innocab Private Limited is https://www.solcables.com

  • What has been the recent revenue trend for Sol Innocab Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sol Innocab Private Limited has fallen by -33.70%.

  • How many employees does Sol Innocab Private Limited currently have?

    As Per 2023 financial reports, 16 employees are currently employed by Sol Innocab Private Limited.

  • What change has been observed in the net worth of Sol Innocab Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sol Innocab Private Limited has experienced an upsurge of 3.84%.

  • What are the total open charges for Sol Innocab Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sol Innocab Private Limited amount to ₹ 5.65 Cr.

  • When was the last Balance Sheet of Sol Innocab Private Limited filed with the ROC?

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

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