Solapur Sugar Limited

Produces various types of sugar, including cane, beet, maple, and khandsari, in India and abroad.

2010 | Solapur, Maharashtra (India) | Active
Last Updated: July 01, 2024

Solapur Sugar Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth %
  • Profit Growth -291.16%
  • Ebitda -292.13%
  • Net Worth -0.24%
  • Total Assets 26.50%

About Solapur Sugar

Solapur Sugar Limited (SSL) is a Public Limited Indian Non-Government Company incorporated in India on 09 June 2010 and has a history of 14 years and eight months. Its registered office is in Solapur, Maharashtra, India.

The Company is engaged in the Agriculture 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Amit Patel, Dhaval Patel, Mehul Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Solapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15421PN2010PLC136535

  • Company No.

    136535

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Agriculture

Who are the key members and board of directors at Solapur Sugar?

Board Members (5)

NameDesignationAppointment DateStatus
Amit Patel Country flag representing In Director 09-Jun-2010Current
Dhaval Patel Country flag representing In Director 09-Jun-2010Current
Mehul Patel Country flag representing In Director 09-Jun-2010Current
Hareshbhai Patel Country flag representing In Director 09-Jun-2010Current
Bipinbhai Patel Country flag representing In Director 09-Jun-2010Current

Financial Performance of Solapur Sugar.

Solapur Sugar Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 291.16% decrease in profit. The company's net worth dipped by a decrease of 0.24%.

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
Revenue from Operations
Total Assets
26.50%
Profit or Loss
-291.16%
Net Worth
-0.24%
EBITDA
-292.13%

What is the Ownership and Shareholding Structure of Solapur Sugar?

In 2023, Solapur Sugar had a promoter holding of 70.00% and a public holding of 30.00%. 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

₹10.00 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jan 2020Canara Bank₹1.00 CrSatisfied

How Many Employees Work at Solapur Sugar?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solapur Sugar, 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 Solapur Sugar'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 Solapur Sugar

Recent activity within the organization

  • Annual General Meeting

    Solapur Sugar Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Solapur Sugar Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge registered on 21 Jan 2020 via Charge ID 100328073 with Canara Bank was fully satisfied on 21 Sep 2020.

    21 Sep 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 10.00 M with Charge ID 100328073 was registered on 21 Jan 2020.

    21 Jan 2020

  • Director Appointment

    Mehul Bipinbhai Patel was appointed as a Director was appointed as a Director on 09 Jun 2010 & has been associated with this company since 14 years 8 months .

    09 Jun 2010

  • Director Appointment

    Bipinbhai Mahijibhai Patel was appointed as a Director was appointed as a Director on 09 Jun 2010 & has been associated with this company since 14 years 8 months .

    09 Jun 2010

Frequently asked questions

  • Solapur Sugar Limited was incorporated on 09 Jun 2010.

  • The authorized share capital of Solapur Sugar Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 5 directors are associated with Solapur Sugar Limited.

    • Amit Satishbhai Patel
    • Dhaval Kiritbhai Patel
    • Mehul Bipinbhai Patel
    • Hareshbhai Mahijibhai Patel
    • Bipinbhai Mahijibhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solapur Sugar Limited is Padmavati Complex 91 Civil Lines Saat Rasta, Solapur, Maharashtra, India, 413003.

  • The corporate identification number (CIN) of Solapur Sugar Limited is U15421PN2010PLC136535 and the company number is 136535 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solapur Sugar Limited has experienced an downturn of -0.24%.

  • The most recent Balance Sheet for Solapur Sugar Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Sugar Processing