Solace Cogen Private Limited

Manufactures solar thermal industrial equipment, incorporated in 2018, based in Maharashtra.

2018 | Raigarh, Maharashtra (India) | Active
Last Updated: December 26, 2024

Solace Cogen Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 6 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.76 Cr
  • Revenue Growth 22.14%
  • Profit Growth -9.77%
  • Ebitda 50.73%
  • Net Worth 319.35%
  • Total Assets 103.23%

About Solace Cogen

Solace Cogen Private Limited (SCPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 23 October 2018 (Six years and three months 11 days old ). Its registered office is in Raigarh, Maharashtra, India.

The Company is engaged in the Energy And Power 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹2.76 Cr.

The Key Managerial Personnel (KMP) at Solace Cogen Private Limited India is Mahesh Rane as CEO. Mugdha Rane and Nehal Rane serve as directors at the Company.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29309MH2018PTC316133

  • Company No.

    316133

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

Who are the key members and board of directors at Solace Cogen?

Executive Team (1)

Name Designation Appointment Date Status
Mahesh Rane CEO 15-Feb-2021 Current

Board Members (2)

Name Designation Appointment Date Status
Nehal Rane Country flag representing In Director 23-Oct-2018 Current
Mugdha Rane Country flag representing In Director 20-Jun-2023 Current

Financial Performance of Solace Cogen.

Solace Cogen Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.14% increase. The company also saw a slight decrease in profitability, with a 9.77% decrease in profit. The company's net worth Soared by an impressive increase of 319.35%.

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
22.14%
Revenue from Operations
22.14%
Total Assets
103.23%
Profit or Loss
-9.77%
Net Worth
319.35%
EBITDA
50.73%

What is the Ownership and Shareholding Structure of Solace Cogen?

In 2022, Solace Cogen had a public holding of 60.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.76 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.76 Cr

Latest Charge Details

Date Lender Amount Status
30 Dec 2020 Others ₹2.76 Cr Open

How Many Employees Work at Solace Cogen?

Unlock and access historical data on people associated with Solace Cogen, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solace Cogen, 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 Cogen'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 Solace Cogen

Recent activity within the organization

  • Annual General Meeting

    Solace Cogen Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Mugdha Mahesh Rane was appointed as a Director was appointed as a Director on 20 Jun 2023 & has been associated with this company since 1 year 7 months .

    20 Jun 2023

  • Balance Sheet

    Solace Cogen Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 2.76 Cr registered on 30 Dec 2020 with Charge ID 100414101 was modified on 02 Jun 2022.

    02 Jun 2022

  • Director Appointment

    Mahesh Rajaram Rane was appointed as a Ceo was appointed as a Ceo on 15 Feb 2021 & has been associated with this company since 3 years 11 months .

    15 Feb 2021

  • Charges

    A charge with Others amounted to Rs. 2.76 Cr with Charge ID 100414101 was registered on 30 Dec 2020.

    30 Dec 2020

Frequently asked questions

  • Solace Cogen Private Limited was incorporated on 23 Oct 2018.

  • The authorized share capital of Solace Cogen Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 3 directors are associated with Solace Cogen Private Limited.

    • Mugdha Mahesh Rane
    • Nehal Mahesh Rane
    • Mahesh Rajaram Rane
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solace Cogen Private Limited is 1003 A Wing Tulsi Prerna Plot No. 9 Nr Netrajyot Hospital, Khanda Colony India, Panvel, Maharashtra, 410206.

  • The corporate identification number (CIN) of Solace Cogen Private Limited is U29309MH2018PTC316133 and the company number is 316133 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solace Cogen Private Limited is https://www.solacecogen.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Solace Cogen Private Limited has risen by 22.14%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Solace Cogen Private Limited has experienced an upsurge of 319.35%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Solace Cogen Private Limited amount to ₹ 2.76 Cr.

  • The most recent Balance Sheet for Solace Cogen Private Limited was filed with the ROC on 31 Mar 2023.

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