Solapur-City Development Corporation Limited

Implements infrastructure solutions for Solapur's smart city projects.

2016 | Solapur, Maharashtra (India) | Active
Last Updated:

Solapur-City Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 186.00 Cr
  • Company Age 9 Year, 21 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -41.44%
  • Profit Growth 27.34%
  • Ebitda 38.63%
  • Net Worth -63.37%
  • Total Assets -42.60%

About Solapur-City Development Corporation

Solapur-City Development Corporation Limited (SDCL) is a Public Limited State Government Company incorporated in India on 23 March 2016 (Nine years 21 days old ). Its registered office is in Solapur, Maharashtra, India.

The Company is engaged in the Infrastructure And Utilities 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 200.00 Cr and a paid-up capital of Rs 186.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Solapur-City Development Corporation Limited India are Sheetal Ugale as Ceo, Rahul Kulkarni as Company Secretary, and Manish Kulkarni as Cfo. Kumar Ashirwad, Aseem Gupta, Sheetal Ugale, and Five 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

    U74990PN2016SGC158985

  • Company No.

    158985

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    23 Mar 2016

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Infrastructure and Utilities
Company report

Solapur-City Development Corporation Limited

Explore comprehensive data for Solapur-City Development Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Solapur-City Development Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Sheetal Ugale CEO07-May-2023Current
Rahul Kulkarni Company Secretary06-Oct-2020Current
Manish Kulkarni Country flag representing In CFO16-Mar-2018Current

Board Members (8)

NameDesignationAppointment DateStatus
Sarvesh Joshi Country flag representing In Director 09-Dec-2022Current
Kumar Ashirwad Country flag representing In Director 28-Jul-2023Current
Aseem Gupta Country flag representing In Director 22-Sep-2017Current
Sheetal Ugale Country flag representing In Director 20-Nov-2022Current
Rajendra Pawar Country flag representing In Director 12-Oct-2022Current
Raj Meganathan Country flag representing In Director 22-Mar-2024Current

Financial Performance of Solapur-City Development Corporation.

Solapur-City Development Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.44% decrease. The company also saw a substantial improvement in profitability, with a 27.34% increase in profit. The company's net worth observed a substantial decline by a decrease of 63.37%.

Solapur-City Development Corporation revenue growth over time
Solapur-City Development Corporation 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
-41.44%
Revenue from Operations
Total Assets
-42.60%
Profit or Loss
27.34%
Net Worth
-63.37%
EBITDA
38.63%

What is the Ownership and Shareholding Structure of Solapur-City Development Corporation?

In 2023, Solapur-City Development Corporation 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Solapur-City Development Corporation?

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

Employee growth trends for Solapur-City Development Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solapur-City Development Corporation, 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-City Development Corporation'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-City Development Corporation

Recent activity within the organization

  • Annual General Meeting

    Solapur-City Development Corporation Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

  • Director Appointment

    Sanjay Gupta was appointed as a Director was appointed as a Director on 26 Jul 2024 & has been associated with this company since 8 months 18 days .

  • Balance Sheet

    Solapur-City Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Director Appointment

    Raj Kumar Meganathan was appointed as a Director was appointed as a Director on 22 Mar 2024 & has been associated with this company since 1 year 22 days .

  • Director Appointment

    Kumar Ashirwad was appointed as a Director was appointed as a Director on 28 Jul 2023 & has been associated with this company since 1 year 8 months .

  • Director Appointment

    Sheetal Basavaraj Teli Ugale was appointed as a Ceo was appointed as a Ceo on 07 May 2023 & has been associated with this company since 1 year 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Solapur-City Development Corporation Limited?

    Solapur-City Development Corporation Limited was incorporated on 23 Mar 2016.

  • What is authorized share capital and paid-up capital of Solapur-City Development Corporation Limited?

    The authorized share capital of Solapur-City Development Corporation Limited is ₹ 200.00 Cr and paid-up capital is ₹ 186.00 Cr.

  • Who are the current board members & directors of Solapur-City Development Corporation Limited?

    Currently 11 directors are associated with Solapur-City Development Corporation Limited.

    • Kumar Ashirwad
    • Aseem Kumar Surendrakumar Gupta
    • Sheetal Basavaraj Teli Ugale
    • Rajendra Mahadeo Pawar
    • Raj Kumar Meganathan
    • Sanjay Gupta
    • Sheetal Basavaraj Teli Ugale
    • Rahul Vilas Kulkarni
    • Manish Vilas Kulkarni
    • Prajakta Prakash Kulkarni
    • Sarvesh Nandlal Joshi

  • What is the registered address of Solapur-City Development Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Solapur-City Development Corporation Limited is Municipalcorporationindrabhuvanrailwaylines India, Solapur, Maharashtra, 413001.

  • What is the corporate identification number (CIN) and company number of Solapur-City Development Corporation Limited?

    The corporate identification number (CIN) of Solapur-City Development Corporation Limited is U74990PN2016SGC158985 and the company number is 158985 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Solapur-City Development Corporation Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Solapur-City Development Corporation Limited has fallen by -41.44%.

  • What change has been observed in the net worth of Solapur-City Development Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Solapur-City Development Corporation Limited has experienced an downturn of -63.37%.

  • When was the last Balance Sheet of Solapur-City Development Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Solapur-City Development Corporation Limited was filed with the ROC on 31 Mar 2024.

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