Solar Hitech Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.50 M
- Company Age 13 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.00 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 six months. Its registered office is in Bangalore, 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 2023. 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 ₹3.00 Cr.
Rajaram Seshadri, Malini Sethuraman, Rama Sethuraman, and Two other members serve as directors at the Company.
Company Details
- Location
Bangalore, 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
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
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.
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 |
| Rama Sethuraman | Director | 19-Aug-2011 | Current |
| Varun Rajaram | Director | 02-May-2016 | 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
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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)
₹30.00 M
₹0
Charges Breakdown by Lending Institutions
- Others : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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.