Solace Biotech Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 3.00 M
- Company Age 11 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.20 Cr
- Satisfied Charges ₹ 5.61 Cr
- Revenue Growth -27.00%
- Profit Growth -48.89%
- Ebitda 13.54%
- Net Worth 1.83%
- Total Assets 2.37%
About Solace Biotech
Solace Biotech Limited (SBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 July 2013 and has a history of 11 years and ten months. Its registered office is in Ambala, Haryana, India.
The Company is engaged in the Pharma Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 3.00 M.
The company currently has active open charges totaling ₹5.20 Cr. The company has closed loans amounting to ₹5.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kamal Chawla, Raman Chawla, and Rohit Gupta serve as directors at the Company.
Company Details
- Location
Ambala, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24232HR2013PLC049887
- Company No.
049887
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Jul 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Pharma
What products or services does Solace Biotech Limited offer?
Solace Biotech Limited offers a wide range of products and services, including Common Disease Medicines, Antihistamines, Pharmaceutical Medicine, Anti Infective Drugs & Medicines, Antibiotic Tablets, Capsule & Syrup, Pharmaceutical Tablets, Packaging Caps & Seals, Cap Closures, Antibiotic Injection, Corporate & Business Gifts.
Solace Biotech Limited
Explore comprehensive data for Solace Biotech Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Solace Biotech?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rohit Gupta  | Director | 24-Dec-2022 | Current |
| Kamal Chawla | Director | 22-Jul-2013 | Current |
| Raman Chawla | Director | 22-Jul-2013 | Current |
Financial Performance of Solace Biotech.
Solace Biotech Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27% decrease. The company also saw a substantial fall in profitability, with a 48.89% decrease in profit. The company's net worth moved up by a moderate rise of 1.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Solace Biotech?
In 2023, Solace Biotech had a promoter holding of 99.77% and a public holding of 0.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹51.95 M
Satisfied Charges
₹56.08 M
Charges Breakdown by Lending Institutions
- Others : 5.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2022 | Others | ₹3.70 Cr | Open |
| 22 Dec 2022 | Others | ₹2.62 M | Open |
| 22 Dec 2022 | Others | ₹1.75 M | Open |
| 22 Dec 2022 | Others | ₹3.20 M | Open |
| 07 May 2019 | Others | ₹3.16 M | Open |
How Many Employees Work at Solace Biotech?
Solace Biotech has a workforce of 10 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Solace Biotech, 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 Solace Biotech's trajectory.
Rating
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
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 Solace Biotech
Recent activity within the organization
- Charges
A charge registered on 18 Mar 2021 via Charge ID 100429377 with Others was fully satisfied on 20 Feb 2024.
- Charges
A charge registered on 08 Feb 2021 via Charge ID 100417943 with Others was fully satisfied on 20 Feb 2024.
- Annual General Meeting
Solace Biotech Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others of Rs. 37.00 M registered on 22 Dec 2022 with Charge ID 100703070 was modified on 10 Jul 2023.
- Charges
A charge with Others of Rs. 2.62 M registered on 22 Dec 2022 with Charge ID 100703084 was modified on 10 Jul 2023.
- Charges
A charge with Others of Rs. 1.75 M registered on 22 Dec 2022 with Charge ID 100703096 was modified on 10 Jul 2023.
Frequently asked questions
What is the Incorporation or founding date of Solace Biotech Limited?
Solace Biotech Limited was incorporated on 22 Jul 2013.
What is authorized share capital and paid-up capital of Solace Biotech Limited?
The authorized share capital of Solace Biotech Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.
Who are the current board members & directors of Solace Biotech Limited?
Currently 3 directors are associated with Solace Biotech Limited.
- Kamal Chawla
- Raman Chawla
- Rohit Gupta
What is the registered address of Solace Biotech Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Solace Biotech Limited is Plot No. 195 Sector-2 Phase-1 Food Park, Industrial Estate India, Saha, Haryana, 133104.
What is the corporate identification number (CIN) and company number of Solace Biotech Limited?
The corporate identification number (CIN) of Solace Biotech Limited is U24232HR2013PLC049887 and the company number is 049887 as per Ministry of Corporate Affairs (MCA).
What is the official website of Solace Biotech Limited?
The Official website of Solace Biotech Limited is https://www.solacebiotech.in
What has been the recent revenue trend for Solace Biotech Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Solace Biotech Limited has fallen by -27.00%.
How many employees does Solace Biotech Limited currently have?
As Per 2023 financial reports, 10 employees are currently employed by Solace Biotech Limited.
What change has been observed in the net worth of Solace Biotech Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Solace Biotech Limited has experienced an upsurge of 1.83%.
What are the total open charges for Solace Biotech Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Solace Biotech Limited amount to ₹ 5.20 Cr.
When was the last Balance Sheet of Solace Biotech Limited filed with the ROC?
The most recent Balance Sheet for Solace Biotech Limited was filed with the ROC on 31 Mar 2023.
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