Solar Creations Profile
Key Indicators
- Authorised Capital ₹ 1.10 Cr
as on 16-06-2024
- Paid Up Capital ₹ 1.05 Cr
as on 16-06-2024
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.47 Cr
as on 16-06-2024
- Satisfied Charges ₹ 11.29 Cr
as on 16-06-2024
- Revenue 29.01%
(FY 2023)
- Profit 9.71%
(FY 2023)
- Ebitda 175.76%
(FY 2023)
- Net Worth 8.42%
(FY 2023)
- Total Assets 27.48%
(FY 2023)
About Solar Creations
The Company is engaged in the Consumer Goods 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 1.10 Cr and a paid-up capital of Rs 1.05 Cr.
The company currently has active open charges totaling ₹9.47 Cr. The company has closed loans amounting to ₹11.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
Deven Mukhi, Sanjay Mukhi, Sunil Mukhi, and Four other members serve as directors at the Company.
- CIN/LLPIN
U51100MH1995PTC087047
- Company No.
087047
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Mar 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Solar Creations?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deven Mukhi  | Director | 01-Apr-2007 | Current |
| Sanjay Mukhi | Director | 01-Apr-2007 | Current |
| Sunil Mukhi | Director | 01-Jun-2012 | Current |
| Vimal Majethia | Director | 01-Jun-2012 | Current |
| Ashok Mukhi | Director | 31-Mar-1995 | Current |
| Sudhir Mukhi | Director | 01-Jun-2012 | Current |
Financial Performance of Solar Creations.
Solar Creations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.01% increase. The company also saw a slight improvement in profitability, with a 9.71% increase in profit. The company's net worth moved up by a moderate rise of 8.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Solar Creations?
In 2023, Solar Creations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Solar Estate Private LimitedActive 17 years 6 monthsDeven Mukhi, Sanjay Mukhi and 1 more are mutual person
- Solar Readymades Private LimitedActive 30 years 17 days
Sanjay Mukhi, Ashok Mukhi and 2 more are mutual person
Charges (Loans)
₹9.47 Cr
₹11.29 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 9.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2017 | Yes Bank Limited | ₹9.47 Cr | Open |
| 24 Mar 2015 | Kotak Mahindra Bank Limited | ₹2.00 Cr | Satisfied |
| 20 Jun 2013 | Yes Bank Limited | ₹2.00 Cr | Satisfied |
| 16 Apr 2013 | Yes Bank Limited | ₹2.00 Cr | Satisfied |
| 08 Dec 2009 | Hdfc Bank Limited | ₹1.88 Cr | Satisfied |
How Many Employees Work at Solar Creations?
Solar Creations has a workforce of 17 employees as of Mar 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Solar Creations, 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 Solar Creations's trajectory.
Rating
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
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.