Solaimalai Properties Private Limited

Provides cold storage and warehousing services, builds prefabricated and precast houses and buildings.

1996 | Madurai, Tamil Nadu (India) | Active
Last Updated: January 03, 2025

Solaimalai Properties Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.19 M
  • Company Age 29 Year,
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.86 Cr
  • Satisfied Charges ₹ 7.61 Cr
  • Revenue Growth -29.29%
  • Profit Growth 3.56%
  • Ebitda -4.99%
  • Net Worth 14.74%
  • Total Assets 48.63%

About Solaimalai Properties

Solaimalai Properties Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 February 1996 and has a history of 29 years. Its registered office is in Madurai, Tamil Nadu, India.

The Company is engaged in the Transport And Logistics 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 1.00 M and a paid-up capital of Rs 0.19 M.

The company currently has active open charges totaling ₹12.86 Cr. The company has closed loans amounting to ₹7.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

Solaimalai Anand, Solaimalai Aravind, and Paulsamy Pitchai serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    solamalai.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U93090TN1996PTC034611

  • Company No.

    034611

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Transport and Logistics

Who are the key members and board of directors at Solaimalai Properties?

Board Members (3)

NameDesignationAppointment DateStatus
Solaimalai Aravind Country flag representing In Director 01-Oct-2005Current
Solaimalai Anand Country flag representing In Director 01-Oct-2005Current
Paulsamy Pitchai Country flag representing In Director 23-Dec-1996Current

Financial Performance of Solaimalai Properties.

Solaimalai Properties Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.29% decrease. The company also saw a slight improvement in profitability, with a 3.56% increase in profit. The company's net worth Soared by an impressive increase of 14.74%.

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
-29.29%
Revenue from Operations
-31.88%
Total Assets
48.63%
Profit or Loss
3.56%
Net Worth
14.74%
EBITDA
-4.99%

What is the Ownership and Shareholding Structure of Solaimalai Properties?

Unlock access to Solaimalai Properties's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹128.56 M

Satisfied Charges

₹76.07 M

Charges Breakdown by Lending Institutions

  • Others : 11.56 Cr
  • Uco Bank : 0.90 Cr
  • Hdfc Bank Limited : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jun 2024Hdfc Bank Limited₹0.27 MOpen
29 Apr 2024Hdfc Bank Limited₹3.69 MOpen
25 Jun 2020Others₹11.56 CrOpen
19 Dec 2008Uco Bank₹9.00 MOpen
27 Aug 2015Reliance Capital Limited₹3.96 CrSatisfied

How Many Employees Work at Solaimalai Properties?

Solaimalai Properties has a workforce of 33 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solaimalai Properties, 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 Solaimalai Properties'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 Solaimalai Properties

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.27 M with Charge ID 100946921 was registered on 19 Jun 2024.

    19 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.69 M with Charge ID 100928132 was registered on 29 Apr 2024.

    29 Apr 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Solaimalai Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 27 Aug 2015 via Charge ID 10590335 with Reliance Capital Limited was fully satisfied on 18 Apr 2022.

    18 Apr 2022

  • Charges

    A charge with Others of Rs. 115.60 M registered on 25 Jun 2020 with Charge ID 100352709 was modified on 06 Oct 2020.

    06 Oct 2020

Frequently asked questions

  • Solaimalai Properties Private Limited was incorporated on 23 Feb 1996.

  • The authorized share capital of Solaimalai Properties Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.19 M.

  • Currently 3 directors are associated with Solaimalai Properties Private Limited.

    • Solaimalai Pitchai Anand
    • Solaimalai Pitchai Aravind
    • Paulsamy Konar Pitchai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solaimalai Properties Private Limited is No.7 Mangayarkarasi College Road Paravai, India, Madurai, Tamil Nadu, 625402.

  • The corporate identification number (CIN) of Solaimalai Properties Private Limited is U93090TN1996PTC034611 and the company number is 034611 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solaimalai Properties Private Limited is https://www.solamalai.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solaimalai Properties Private Limited has fallen by -29.29%.

  • As Per 2023 financial reports, 33 employees are currently employed by Solaimalai Properties Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solaimalai Properties Private Limited has experienced an upsurge of 14.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Solaimalai Properties Private Limited amount to ₹ 12.86 Cr.

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

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