Solar Diamond Tools (India) Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 25.72 Cr
- Satisfied Charges ₹ 2.11 Cr
- Revenue Growth 22.79%
- Profit Growth 51.17%
- Ebitda 20.45%
- Net Worth 24.36%
- Total Assets 20.64%
About Solar Diamond Tools (India)
Solar Diamond Tools (India) Private Limited (SDTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 May 2008 and has a history of 16 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Dmz Engineering Private Limited. The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹25.72 Cr. The company has closed loans amounting to ₹2.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
Milind Zaveri and Dipali Zaveri serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74200MH2008PTC182552
- Company No.
182552
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 May 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
What products or services does Solar Diamond Tools (India) Private Limited offer?
Solar Diamond Tools (India) Private Limited offers a wide range of products and services, including Saw Blades & Grinding Wheels, Diamond Cutting Tools, Cutting Tools & Milling Cutter, Cutting Tool Inserts, Buffing, Surface Finishing Machines, Honing Tools, Grinding Wheels, Abrasives & Grains, Polishing Abrasives.
Who are the key members and board of directors at Solar Diamond Tools (India)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Milind Zaveri  | Director | 22-May-2008 | Current |
| Dipali Zaveri | Director | 22-May-2008 | Current |
Financial Performance of Solar Diamond Tools (India).
Solar Diamond Tools (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.79% increase. The company also saw a substantial improvement in profitability, with a 51.17% increase in profit. The company's net worth Soared by an impressive increase of 24.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Solar Diamond Tools (India)?
In 2023, Solar Diamond Tools (India) had a promoter holding of 93.00% and a public holding of 7.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹257.15 M
Satisfied Charges
₹21.10 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 10.57 Cr
- Sidbi : 7.50 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 5.20 Cr
- Citi Bank N.A. : 2.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Aug 2023 | Sidbi | ₹7.50 Cr | Open |
| 29 Mar 2023 | The Hongkong And Shanghai Banking Corporation Limited | ₹5.00 Cr | Open |
| 28 Mar 2023 | The Hongkong And Shanghai Banking Corporation Limited | ₹2.00 M | Open |
| 10 Mar 2021 | Axis Bank Limited | ₹2.50 Cr | Open |
| 23 Dec 2019 | Axis Bank Limited | ₹1.00 Cr | Open |
How Many Employees Work at Solar Diamond Tools (India)?
Solar Diamond Tools (India) has a workforce of 137 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Solar Diamond Tools (India), 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 Diamond Tools (India)'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.
Latest Updates, News, and FAQs on Solar Diamond Tools (India)
Recent activity within the organization
- Annual General Meeting
Solar Diamond Tools (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Solar Diamond Tools (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Axis Bank Limited of Rs. 25.00 M registered on 10 Mar 2021 with Charge ID 100461333 was modified on 18 Oct 2023.
- Charges
A charge with Axis Bank Limited of Rs. 10.00 M registered on 23 Dec 2019 with Charge ID 100320580 was modified on 18 Oct 2023.
- Charges
A charge with Axis Bank Limited of Rs. 12.00 M registered on 30 Mar 2019 with Charge ID 100270743 was modified on 18 Oct 2023.
- Charges
A charge with Axis Bank Limited of Rs. 18.70 M registered on 19 Mar 2018 with Charge ID 100218772 was modified on 18 Oct 2023.
Frequently asked questions
What is the Incorporation or founding date of Solar Diamond Tools (India) Private Limited?
Solar Diamond Tools (India) Private Limited was incorporated on 22 May 2008.
What is authorized share capital and paid-up capital of Solar Diamond Tools (India) Private Limited?
The authorized share capital of Solar Diamond Tools (India) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Solar Diamond Tools (India) Private Limited?
Currently 2 directors are associated with Solar Diamond Tools (India) Private Limited.
- Milind Kailash Zaveri
- Dipali Milind Zaveri
What is the registered address of Solar Diamond Tools (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Solar Diamond Tools (India) Private Limited is 213-Bhaveshwar Complex Opp. Railway Station, Vidyavihar West. India, Mumbai, Maharashtra, 400086.
What is the corporate identification number (CIN) and company number of Solar Diamond Tools (India) Private Limited?
The corporate identification number (CIN) of Solar Diamond Tools (India) Private Limited is U74200MH2008PTC182552 and the company number is 182552 as per Ministry of Corporate Affairs (MCA).
What is the official website of Solar Diamond Tools (India) Private Limited?
The Official website of Solar Diamond Tools (India) Private Limited is https://www.solardiamondtools.com
What has been the recent revenue trend for Solar Diamond Tools (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Solar Diamond Tools (India) Private Limited has risen by 22.79%.
How many employees does Solar Diamond Tools (India) Private Limited currently have?
As Per 2023 financial reports, 137 employees are currently employed by Solar Diamond Tools (India) Private Limited.
What change has been observed in the net worth of Solar Diamond Tools (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Solar Diamond Tools (India) Private Limited has experienced an upsurge of 24.36%.
What are the total open charges for Solar Diamond Tools (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Solar Diamond Tools (India) Private Limited amount to ₹ 25.72 Cr.
When was the last Balance Sheet of Solar Diamond Tools (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Solar Diamond Tools (India) Private Limited was filed with the ROC on 31 Mar 2024.