Solace India Limited

Provides healthcare marketing and distribution solutions for pharmaceutical products.

1995 | Delhi (India) | Active
Last Updated:

Solace India Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.47 M
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 M
  • Revenue Growth 83.06%
  • Profit Growth 58.87%
  • Ebitda -25.06%
  • Net Worth -11.75%
  • Total Assets -1.63%

About Solace India

Solace India Limited (SIL) is a Public Limited Indian Non-Government Company incorporated in India on 07 February 1995 and has a history of 30 years and two months. Its registered office is in Delhi, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.47 M.

The company currently has active open charges totaling ₹2.50 M.

Mohinder Sud, Anjali Sud, and Sneh Sood serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1995PLC065169

  • Company No.

    065169

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Pharma

What products or services does Solace India Limited offer?

Solace India Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Project Feasibility Studies, Company Law & Labour Law Consultants, Statutory Compliance Services, Marketing Services & Consultants, Marketing Services, Branding & Advertising Agencies, Advertising Service.

Company report

Solace India Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mohinder Sud Country flag representing In Managing Director07-Feb-1995Current

Board Members (2)

NameDesignationAppointment DateStatus
Anjali Sud Country flag representing In Director 12-Feb-1996Current
Sneh Sood Country flag representing In Director 12-Feb-1996Current

Financial Performance of Solace India.

Solace India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 83.06% increase. The company also saw a substantial improvement in profitability, with a 58.87% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.75%.

Solace India revenue growth over time
Solace India 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
83.06%
Revenue from Operations
121.38%
Total Assets
-1.63%
Profit or Loss
58.87%
Net Worth
-11.75%
EBITDA
-25.06%

What is the Ownership and Shareholding Structure of Solace India?

In 2022, Solace India had a promoter holding of 98.28% and a public holding of 1.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2001Canara Bank₹2.50 MOpen

How Many Employees Work at Solace India?

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

Employee growth trends for Solace India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solace 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 Solace 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 Solace India

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Solace India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Canara Bank amounted to Rs. 2.50 M with Charge ID 90036625 was registered on 29 Jun 2001.

  • Director Appointment

    Anjali Sud was appointed as a Director was appointed as a Director on 12 Feb 1996 & has been associated with this company since 29 years 2 months .

  • Director Appointment

    Sneh Sood was appointed as a Director was appointed as a Director on 12 Feb 1996 & has been associated with this company since 29 years 2 months .

  • Director Appointment

    Mohinder Sud was appointed as a Managing Director was appointed as a Managing Director on 07 Feb 1995 & has been associated with this company since 30 years 2 months .

Frequently asked questions

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

    Solace India Limited was incorporated on 07 Feb 1995.

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

    The authorized share capital of Solace India Limited is ₹ 2.50 M and paid-up capital is ₹ 1.47 M.

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

    Currently 3 directors are associated with Solace India Limited.

    • Mohinder Sud
    • Anjali Sud
    • Sneh Sood
  • What is the registered address of Solace India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Solace India Limited is B 407 Som Duttchambersi 5 Bhikaiji Cama Place India, New Delhi, 110066.

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

    The corporate identification number (CIN) of Solace India Limited is U74899DL1995PLC065169 and the company number is 065169 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Solace India Limited has risen by 83.06%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Solace India Limited has experienced an downturn of -11.75%.

  • What are the total open charges for Solace India Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Solace India Limited amount to ₹ 2.50 M.

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

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

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