Solace Healthcare Private Limited

Multi-specialty hospital providing healthcare services in various segments, incorporated in 2011.

2011 | Vadodara, Gujarat (India) | Active
Last Updated:

Solace Healthcare Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.74 Cr
  • Company Age 13 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.00 Cr
  • Satisfied Charges ₹ 39.48 Cr
  • Revenue Growth 88.97%
  • Profit Growth 661.97%
  • Ebitda 1145.75%
  • Net Worth 989.40%
  • Total Assets 7.94%

About Solace Healthcare

Solace Healthcare Private Limited (SHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 October 2011 and has a history of 13 years and seven months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Healthcare 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 3.00 Cr and a paid-up capital of Rs 2.74 Cr.

The company currently has active open charges totaling ₹13.00 Cr. The company has closed loans amounting to ₹39.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Meghna Patel, Jeetendra Patel, Pallaviben Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110GJ2011PTC067454

  • Company No.

    067454

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Oct 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Healthcare
Company report

Solace Healthcare Private Limited

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

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

Board Members (5)

NameDesignationAppointment DateStatus
Meghna Patel Country flag representing In Director 05-Feb-2018Current
Jeetendra Patel Country flag representing In Director 05-Feb-2018Current
Pallaviben Patel Country flag representing Us Director 28-Mar-2018Current
Kiran Patel Country flag representing Us Director 28-Mar-2018Current
Miteshkumar Patel Country flag representing In Director 10-Aug-2022Current

Financial Performance of Solace Healthcare.

Solace Healthcare Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 88.97% increase. The company also saw a substantial improvement in profitability, with a 661.97% increase in profit. The company's net worth Soared by an impressive increase of 989.4%.

Solace Healthcare revenue growth over time
Solace Healthcare 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
88.97%
Revenue from Operations
88.97%
Total Assets
7.94%
Profit or Loss
661.97%
Net Worth
989.40%
EBITDA
1145.75%

What is the Ownership and Shareholding Structure of Solace Healthcare?

In 2021, Solace Healthcare 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

₹13.00 Cr

Satisfied Charges

₹39.48 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 13.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jul 2022Hdfc Bank Limited₹13.00 CrOpen
13 Apr 2015Siemens Financial Services Private Limited₹1.26 CrSatisfied
27 Mar 2015Siemens Financial Services Private Limited₹6.13 MSatisfied
25 Mar 2015Siemens Financial Services Private Limited₹3.13 CrSatisfied
23 Jan 2014Bank Of Baroda₹17.24 CrSatisfied

How Many Employees Work at Solace Healthcare?

Solace Healthcare has a workforce of 151 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.

Employee growth trends for Solace Healthcare Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Solace Healthcare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Miteshkumar Motibhai Patel was appointed as a Director was appointed as a Director on 10 Aug 2022 & has been associated with this company since 2 years 9 months .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 13.00 Cr with Charge ID 100599176 was registered on 01 Jul 2022.

  • Charges

    A charge registered on 13 Apr 2015 via Charge ID 10562790 with Siemens Financial Services Private Limited was fully satisfied on 18 Dec 2018.

  • Charges

    A charge registered on 27 Mar 2015 via Charge ID 10562499 with Siemens Financial Services Private Limited was fully satisfied on 18 Dec 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Solace Healthcare Private Limited?

    Solace Healthcare Private Limited was incorporated on 13 Oct 2011.

  • What is authorized share capital and paid-up capital of Solace Healthcare Private Limited?

    The authorized share capital of Solace Healthcare Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.74 Cr.

  • Who are the current board members & directors of Solace Healthcare Private Limited?

    Currently 5 directors are associated with Solace Healthcare Private Limited.

    • Meghna Jeetendra Patel
    • Jeetendra Chaganbhai Patel
    • Pallaviben Kiran Patel
    • Kiran Chhotubhai Patel
    • Miteshkumar Motibhai Patel

  • What is the registered address of Solace Healthcare Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Solace Healthcare Private Limited is Surve No.829 27 Meter Road Near Shyam Bunglows Parivar Char Rasta Waghodia Dabhoi Ring Rd, India, Vadodara, Gujarat, 390019.

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

    The corporate identification number (CIN) of Solace Healthcare Private Limited is U85110GJ2011PTC067454 and the company number is 067454 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Solace Healthcare Private Limited?

    The Official website of Solace Healthcare Private Limited is https://www.solacehospital.com

  • What has been the recent revenue trend for Solace Healthcare Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Solace Healthcare Private Limited has risen by 88.97%.

  • How many employees does Solace Healthcare Private Limited currently have?

    As Per 2021 financial reports, 151 employees are currently employed by Solace Healthcare Private Limited.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Solace Healthcare Private Limited has experienced an upsurge of 989.40%.

  • What are the total open charges for Solace Healthcare Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Solace Healthcare Private Limited amount to ₹ 13.00 Cr.

  • When was the last Balance Sheet of Solace Healthcare Private Limited filed with the ROC?

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

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