Solar Hitech Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.50 M
- Company Age 13 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.00 Cr
- Revenue Growth 17.76%
- Profit Growth 76.94%
- Ebitda 53.16%
- Net Worth 73.91%
- Total Assets 26.63%
About Solar Hitech Solutions
Solar Hitech Solutions Private Limited (SHSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 August 2011 and has a history of 13 years and eight months. Its registered office is in Bangaluru, Karnataka, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.50 M.
The company currently has active open charges totaling ₹9.00 Cr.
Malini Sethuraman, Rajaram Seshadri, Navin Rajaram, and Two other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29253KA2011PTC060048
- Company No.
060048
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Aug 2011
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Consumer Electronics & Durables
What products or services does Solar Hitech Solutions Private Limited offer?
Solar Hitech Solutions Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Power Plants, Solar Pumps, Solar Water Heater, Electrical & Signaling Contractors, Lighting Service, Solar Water Heater Tubes & Accessories, Solar Lamps.
Solar Hitech Solutions Private Limited
Explore comprehensive data for Solar Hitech Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Solar Hitech Solutions?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajaram Seshadri  | Director | 02-May-2016 | Current |
| Navin Rajaram | Director | 01-Feb-2014 | Current |
| Malini Sethuraman | Director | 19-Aug-2011 | Current |
| Varun Rajaram | Director | 02-May-2016 | Current |
| Rama Sethuraman | Director | 19-Aug-2011 | Current |
Financial Performance of Solar Hitech Solutions.
Solar Hitech Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.76% increase. The company also saw a substantial improvement in profitability, with a 76.94% increase in profit. The company's net worth Soared by an impressive increase of 73.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Solar Hitech Solutions?
In 2023, Solar Hitech Solutions had a promoter holding of 32.42% and a public holding of 67.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Erhardt + Leimer (India) Private LimitedRajaram Seshadri is a mutual person
Charges (Loans)
Open Charges
₹90.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 6.00 Cr
- Others : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2024 | Axis Bank Limited | ₹6.00 Cr | Open |
| 29 Jul 2022 | Others | ₹3.00 Cr | Open |
How Many Employees Work at Solar Hitech Solutions?
Solar Hitech Solutions has a workforce of 25 employees as of Apr 07, 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 Hitech Solutions, 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 Hitech Solutions'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 Hitech Solutions
Recent activity within the organization
- Annual General Meeting
Solar Hitech Solutions Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Charges
A charge with Axis Bank Limited amounted to Rs. 60.00 M with Charge ID 100928160 was registered on 21 May 2024.
- Balance Sheet
Solar Hitech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 30.00 M with Charge ID 100605909 was registered on 29 Jul 2022.
- Director Appointment
Rajaram Seshadri was appointed as a Director was appointed as a Director on 02 May 2016 & has been associated with this company since 9 years 10 days .
- Director Appointment
Varun Rajaram was appointed as a Director was appointed as a Director on 02 May 2016 & has been associated with this company since 9 years 10 days .
Frequently asked questions
What is the Incorporation or founding date of Solar Hitech Solutions Private Limited?
Solar Hitech Solutions Private Limited was incorporated on 19 Aug 2011.
What is authorized share capital and paid-up capital of Solar Hitech Solutions Private Limited?
The authorized share capital of Solar Hitech Solutions Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.
Who are the current board members & directors of Solar Hitech Solutions Private Limited?
Currently 5 directors are associated with Solar Hitech Solutions Private Limited.
- Malini Sethuraman
- Rajaram Seshadri
- Navin Rajaram
- Varun Rajaram
- Rama Subramaniam Sethuraman
What is the registered address of Solar Hitech Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Solar Hitech Solutions Private Limited is Sy. No.127/4 Machohalli Gate Industrial Estate Magadi Main Road, India, Bangalore North, Karnataka, 560091.
What is the corporate identification number (CIN) and company number of Solar Hitech Solutions Private Limited?
The corporate identification number (CIN) of Solar Hitech Solutions Private Limited is U29253KA2011PTC060048 and the company number is 060048 as per Ministry of Corporate Affairs (MCA).
What is the official website of Solar Hitech Solutions Private Limited?
The Official website of Solar Hitech Solutions Private Limited is https://www.solarhitechsolutions.in
What has been the recent revenue trend for Solar Hitech Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Solar Hitech Solutions Private Limited has risen by 17.76%.
How many employees does Solar Hitech Solutions Private Limited currently have?
As Per 2023 financial reports, 25 employees are currently employed by Solar Hitech Solutions Private Limited.
What change has been observed in the net worth of Solar Hitech Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Solar Hitech Solutions Private Limited has experienced an upsurge of 73.91%.
What are the total open charges for Solar Hitech Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Solar Hitech Solutions Private Limited amount to ₹ 9.00 Cr.
When was the last Balance Sheet of Solar Hitech Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Solar Hitech Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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