Solamalai Automobiles Private Limited

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

1991 | Madurai, Tamil Nadu (India) | Active
Last Updated:

Solamalai Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.95 Cr
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 34.23 Cr
  • Revenue Growth 1.08%
  • Profit Growth -497.27%
  • Ebitda 7.55%
  • Net Worth -23.50%
  • Total Assets -29.18%

About Solamalai Automobiles

Solamalai Automobiles Private Limited (SAPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 October 1991 and has a history of 33 years and six months. Its registered office is in Madurai, Tamil Nadu, India.

The Corporate was formerly known as Solaimalai Finance And Consturctions Private Limited. The Company is engaged in the Automotive 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 10.00 Cr and a paid-up capital of Rs 5.95 Cr.

The company has closed loans amounting to ₹34.23 Cr, and has no open charges 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

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65191TN1991PTC021603

  • Company No.

    021603

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive
Company report

Solamalai Automobiles Private Limited

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

Who are the key members and board of directors at Solamalai Automobiles?

Board Members (3)

NameDesignationAppointment DateStatus
Solaimalai Aravind Country flag representing In Director 08-Mar-2024Current
Solaimalai Anand Country flag representing In Director 08-Mar-2024Current
Paulsamy Pitchai Country flag representing In Director 06-Sep-2023Current

Financial Performance of Solamalai Automobiles.

Solamalai Automobiles Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.08% increase. The company also saw a substantial fall in profitability, with a 497.27% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.5%.

Solamalai Automobiles revenue growth over time
Solamalai Automobiles 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
1.08%
Revenue from Operations
2.75%
Total Assets
-29.18%
Profit or Loss
-497.27%
Net Worth
-23.50%
EBITDA
7.55%

What is the Ownership and Shareholding Structure of Solamalai Automobiles?

In 2023, Solamalai Automobiles 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

₹0

Satisfied Charges

₹34.23 Cr

Charges Breakdown by Lending Institutions

  • Religare Finvest Limited : 11.15 Cr
  • Central Bank Of India : 9.63 Cr
  • State Bank Of India : 7.00 Cr
  • Repco Bank : 4.95 Cr
  • Uco Bank : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
03 Dec 2013Religare Finvest Limited₹3.72 CrSatisfied
03 Dec 2013Religare Finvest Limited₹7.43 CrSatisfied
26 Mar 2012State Bank Of India₹7.00 CrSatisfied
01 Jul 2010Repco Bank₹3.45 CrSatisfied
15 Feb 2008Repco Bank₹9.00 MSatisfied

How Many Employees Work at Solamalai Automobiles?

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

Employee growth trends for Solamalai Automobiles Private Limited

Deals i

Graph showing company valuation over time

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

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 Solamalai Automobiles

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Solamalai Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Solaimalai Pitchai Anand was appointed as a Director was appointed as a Director on 08 Mar 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Solaimalai Pitchai Aravind was appointed as a Director was appointed as a Director on 08 Mar 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Paulsamy Konar Pitchai was appointed as a Director was appointed as a Director on 06 Sep 2023 & has been associated with this company since 1 year 7 months .

  • Charges

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

Frequently asked questions

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

    Solamalai Automobiles Private Limited was incorporated on 29 Oct 1991.

  • What is authorized share capital and paid-up capital of Solamalai Automobiles Private Limited?

    The authorized share capital of Solamalai Automobiles Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.95 Cr.

  • Who are the current board members & directors of Solamalai Automobiles Private Limited?

    Currently 3 directors are associated with Solamalai Automobiles Private Limited.

    • Solaimalai Pitchai Anand
    • Solaimalai Pitchai Aravind
    • Paulsamy Konar Pitchai

  • What is the registered address of Solamalai Automobiles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Solamalai Automobiles Private Limited is No.23 1St Floor Zone 2 Meenkashi Nagar Opp To Fatima College, Dindigul Main Road India, Madurai North, Tamil Nadu, 625018.

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

    The corporate identification number (CIN) of Solamalai Automobiles Private Limited is U65191TN1991PTC021603 and the company number is 021603 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Solamalai Automobiles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Solamalai Automobiles Private Limited has risen by 1.08%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Solamalai Automobiles Private Limited has experienced an downturn of -23.50%.

  • When was the last Balance Sheet of Solamalai Automobiles Private Limited filed with the ROC?

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

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