Solana Life Sciences Private Limited

This company manufactures herbal extracts, essential oils, and other natural products.

1999 | Dhar, Madhya Pradesh (India) | Active
Last Updated: July 30, 2024

Solana Life Sciences Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.53 Cr
  • Company Age 25 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.65 Cr
  • Satisfied Charges ₹ 11.61 Cr
  • Revenue Growth -12.15%
  • Profit Growth 137.25%
  • Ebitda 11.46%
  • Net Worth 16.32%
  • Total Assets 42.32%

About Solana Life Sciences

Solana Life Sciences Private Limited (SLSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 September 1999 and has a history of 25 years and four months. Its registered office is in Dhar, Madhya Pradesh, India.

The Corporate was formerly known as Panakeia Drugs And Intermediates Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.53 Cr.

The company currently has active open charges totaling ₹19.65 Cr. The company has closed loans amounting to ₹11.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yash Joshi and Arun Joshi serve as directors at the Company.

Company Details

  • Location

    Dhar, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24231MP1999PTC013742

  • Company No.

    013742

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Sep 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Pharma

Who are the key members and board of directors at Solana Life Sciences?

Board Members (2)

Name Designation Appointment Date Status
Yash Joshi Country flag representing In Director 26-Jun-2019 Current
Arun Joshi Country flag representing In Director 26-Jun-2019 Current

Financial Performance of Solana Life Sciences.

Solana Life Sciences Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.15% decrease. The company also saw a substantial improvement in profitability, with a 137.25% increase in profit. The company's net worth Soared by an impressive increase of 16.32%.

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
-12.15%
Revenue from Operations
-12.06%
Total Assets
42.32%
Profit or Loss
137.25%
Net Worth
16.32%
EBITDA
11.46%

What is the Ownership and Shareholding Structure of Solana Life Sciences?

In 2023, Solana Life Sciences 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

₹19.65 Cr

Satisfied Charges

₹11.61 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 19.65 Cr

Latest Charge Details

Date Lender Amount Status
19 Oct 2022 Axis Bank Limited ₹5.62 Cr Open
29 Sep 2022 Axis Bank Limited ₹5.62 Cr Open
30 Jul 2021 Axis Bank Limited ₹8.41 Cr Open
03 Dec 2020 Others ₹3.70 M Satisfied
23 Jan 2020 Others ₹3.90 Cr Satisfied

How Many Employees Work at Solana Life Sciences?

Solana Life Sciences has a workforce of 27 employees as of Apr 08, 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 Solana Life Sciences, 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 Solana Life Sciences'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 Solana Life Sciences

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Solana Life Sciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.62 Cr with Charge ID 100626457 was registered on 19 Oct 2022.

    19 Oct 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.62 Cr with Charge ID 100626451 was registered on 29 Sep 2022.

    29 Sep 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 8.41 Cr registered on 30 Jul 2021 with Charge ID 100467902 was modified on 07 Oct 2021.

    07 Oct 2021

  • Charges

    A charge registered on 03 Dec 2020 via Charge ID 100426317 with Others was fully satisfied on 06 Sep 2021.

    06 Sep 2021

Frequently asked questions

  • Solana Life Sciences Private Limited was incorporated on 13 Sep 1999.

  • The authorized share capital of Solana Life Sciences Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.53 Cr.

  • Currently 2 directors are associated with Solana Life Sciences Private Limited.

    • Yash Arun Joshi
    • Arun Durgaprasad Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solana Life Sciences Private Limited is Plot No. 41 & 42 Sector - Iii Pithampur Industrial Area, Dhar, Madhya Pradesh, India, 454775.

  • The corporate identification number (CIN) of Solana Life Sciences Private Limited is U24231MP1999PTC013742 and the company number is 013742 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solana Life Sciences Private Limited is https://www.solanalifesciences.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solana Life Sciences Private Limited has fallen by -12.15%.

  • As Per 2023 financial reports, 27 employees are currently employed by Solana Life Sciences Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solana Life Sciences Private Limited has experienced an upsurge of 16.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Solana Life Sciences Private Limited amount to ₹ 19.65 Cr.

  • The most recent Balance Sheet for Solana Life Sciences Private Limited was filed with the ROC on 31 Mar 2023.

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