Solanki Industries Private Limited

Manufactures and trades electrical components.

2001 | Thane, Maharashtra (India) | Active
Last Updated: October 24, 2024

Solanki Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 23 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 Cr
  • Satisfied Charges ₹ 5.09 Cr
  • Revenue Growth 1.83%
  • Profit Growth 33.62%
  • Ebitda -16.03%
  • Net Worth 11.87%
  • Total Assets 3.07%

About Solanki Industries

Solanki Industries Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 October 2001 and has a history of 23 years and four months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Vima Modular Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 1.25 Cr and a paid-up capital of Rs 1.25 Cr.

The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹5.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bharatkumar Solanki, Neesha Solanki, Shashank Solanki, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vimalswitches.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U31909MH2001PTC133635

  • Company No.

    133635

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Oct 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

What products or services does Solanki Industries Private Limited offer?

Solanki Industries Private Limited offers a wide range of products and services, including Light Dimmer, Audio Mixer, Recorder & Transmitter, Buzzers, Modular Switches, One Way Modular Switch, Wall Outlet, Socket Outlet, Modular Indicator Switches, Fan Parts, Fan Regulator.

Who are the key members and board of directors at Solanki Industries?

Board Members (4)

Name Designation Appointment Date Status
Sanket Solanki Country flag representing In Director 21-Jun-2017 Current
Bharatkumar Solanki Country flag representing In Director 11-Oct-2001 Current
Neesha Solanki Country flag representing In Director 10-Feb-2014 Current
Shashank Solanki Country flag representing In Director 21-Jun-2017 Current

Financial Performance of Solanki Industries.

Solanki Industries Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.83% increase. The company also saw a substantial improvement in profitability, with a 33.62% increase in profit. The company's net worth Soared by an impressive increase of 11.87%.

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
1.83%
Revenue from Operations
1.44%
Total Assets
3.07%
Profit or Loss
33.62%
Net Worth
11.87%
EBITDA
-16.03%

What is the Ownership and Shareholding Structure of Solanki Industries?

In 2023, Solanki Industries 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

₹5.00 Cr

Satisfied Charges

₹5.09 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
19 Aug 2023 Hdfc Bank Limited ₹5.00 Cr Open
26 Sep 2018 City Union Bank Limited ₹5.09 Cr Satisfied

How Many Employees Work at Solanki Industries?

Solanki Industries has a workforce of 17 employees as of Mar 30, 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 Solanki Industries, 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 Solanki Industries'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 Solanki Industries

Recent activity within the organization

  • Charges

    A charge registered on 26 Sep 2018 via Charge ID 100211096 with City Union Bank Limited was fully satisfied on 03 Oct 2023.

    03 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100789668 was registered on 19 Aug 2023.

    19 Aug 2023

  • Balance Sheet

    Solanki Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with City Union Bank Limited of Rs. 5.09 Cr registered on 26 Sep 2018 with Charge ID 100211096 was modified on 15 Sep 2022.

    15 Sep 2022

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 5.09 Cr with Charge ID 100211096 was registered on 26 Sep 2018.

    26 Sep 2018

Frequently asked questions

  • Solanki Industries Private Limited was incorporated on 11 Oct 2001.

  • The authorized share capital of Solanki Industries Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.25 Cr.

  • Currently 4 directors are associated with Solanki Industries Private Limited.

    • Bharatkumar Rikabchand Solanki
    • Neesha Bharatkumar Solanki
    • Shashank Bharat Solanki
    • Sanket Bharat Solanki
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solanki Industries Private Limited is Gala No. 114/115 Jay Vijay Industrial Estate Near Vishram Petrol Pump Village Bapane Naigaon East, India, Vasai, Maharashtra, 401208.

  • The corporate identification number (CIN) of Solanki Industries Private Limited is U31909MH2001PTC133635 and the company number is 133635 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solanki Industries Private Limited is https://www.vimalswitches.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solanki Industries Private Limited has risen by 1.83%.

  • As Per 2023 financial reports, 17 employees are currently employed by Solanki Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solanki Industries Private Limited has experienced an upsurge of 11.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Solanki Industries Private Limited amount to ₹ 5.00 Cr.

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

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