Solamalai Automobiles Private Limited

Solamalai Automobiles Private Limited

Trading cars and certified for quality, established in 1991 in Tamil Nadu.

1991 Madurai, Tamil Nadu (India) Active

About

Basic Data Updated:

11 days ago

Solamalai Automobiles Private Limited was founded in 1991 and is currently a leading player in the automobile trading industry. The company, which is based in Madurai, Tamil Nadu, has gained a strong reputation for its exceptional services and high-quality products. It was initially established as a dealer for Maruti Suzuki passenger cars in Tamil Nadu, and according to a credit rating report, it held this position until 2015. The company's success can be attributed to its dedicated team of promoters, K Mani, Karthikeyan, and K Vikrant. These individuals have a wealth of experience and expertise in the automobile sector, and their leadership has been instrumental in driving the company towards success. In recognition of its commitment to excellence, Solamalai Automobiles Private Limited ... Read More

Industry

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNU65191TN1991PTC021603
Company No.021603
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date29 Oct 1991
Date of AGM30 Sep 2022
Date of Balance Sheet31 Mar 2022
Listing StatusUnlisted
ROC CodeRoc Chennai

Financials of Solamalai Automobiles Private Limited

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Solamalai Automobiles Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 544.24% increase. The company also saw a substantial improvement in profitability, with a 69.26% increase in profit. The company's net worth observed a substantial decline by a decrease of 10.2%.

Enhance accessibility to Solamalai Automobiles's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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Unlock access to Solamalai Automobiles'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.

People in Solamalai Automobiles Private Limited

Board Members(3)

Charges (Loans)

Satisfied Charges

₹34.23 cr

LenderAmountStatus

Religare Finvest Limited

Creation Date: 03 Dec 2013
₹3.72 CrSatisfied

Religare Finvest Limited

Creation Date: 03 Dec 2013
₹7.43 CrSatisfied

State Bank Of India

Creation Date: 26 Mar 2012
₹7.00 CrSatisfied

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Solamalai Automobiles, 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 Solamalai Automobiles's trajectory.

Rating

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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.

Alert

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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.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Director Appointment

    Solaimalai Pitchai Anand was appointed as a Additional Director was appointed as a Additional Director on 15 Mar 2024 & has been associated with this company since 1 month 17 days .

    15 Mar 2024
  • Activity

    Director Appointment

    Solaimalai Pitchai Aravind was appointed as a Additional Director was appointed as a Additional Director on 15 Mar 2024 & has been associated with this company since 1 month 17 days .

    15 Mar 2024
  • Activity

    Annual General Meeting

    Solamalai Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022
  • Activity

    Charges

    A charge registered on 03 Dec 2013 via Charge ID 10470440 with Religare Finvest Limited was fully satisfied on 16 Jun 2022.

    16 Jun 2022
  • Activity

    Charges

    A charge registered on 03 Dec 2013 via Charge ID 10471711 with Religare Finvest Limited was fully satisfied on 02 May 2022.

    02 May 2022

Frequently asked questions

What is the Incorporation or founding date of Solamalai Automobiles Private Limited?

Solamalai Automobiles Private Limited was incorporated 32 years 6 months ago on 29 Oct 1991 with Registrar of Companies Roc Chennai.

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