Solara Active Pharma Sciences Profile
Key Indicators
- Authorised Capital ₹ 120.00 Cr
- Paid Up Capital ₹ 36.00 Cr
- Company Age 7 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,724.40 Cr
- Satisfied Charges ₹ 2,310.69 Cr
- Revenue Growth 13.90%
- Profit Growth 62.07%
- Ebitda 66.82%
- Net Worth -1.57%
- Total Assets -1.86%
About Solara Active Pharma Sciences
Solara Active Pharma Sciences Limited (SAPSL) is a Public Limited Indian Non-Government Company incorporated in India on 23 February 2017 (Seven years and 11 months 7 days old ). Its registered office is in Thane, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 541540 and on the National Stock Exchange(NSE) under SOLARA.
The Corporate was formerly known as Ssl Pharma Sciences Limited. The Company is engaged in the Pharma 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 120.00 Cr and a paid-up capital of Rs 36.00 Cr.
The company currently has active open charges totaling ₹1,724.40 Cr. The company has closed loans amounting to ₹2,310.69 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Solara Active Pharma Sciences Limited India are Arun Baskaran as Cfo, Suddapalli Muralikrishna as Company Secretary, and Poorvank Purohit as Ceo. Arun Pillai, Ramakrishnan Rajagopal, Kartheek Raju, and Six other members serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
Industry
Who are the key members and board of directors at Solara Active Pharma Sciences?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arun Baskaran | CFO | 21-Mar-2024 | Current |
Poorvank Purohit  | Managing Director | 05-Jul-2023 | Current |
| Suddapalli Muralikrishna | Company Secretary | 26-Mar-2018 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramakrishnan Rajagopal | Director | 11-Apr-2018 | Current |
Rajendra Srivastava  | Director | Current | |
| Kausalya Santhanam | Director | 11-Apr-2018 | Current |
| Ankur Thadani | Director | 16-May-2019 | Current |
| Arun Pillai | Director | 04-Aug-2021 | Current |
| Kartheek Raju | Director | 05-Jul-2023 | Current |
Financial Performance of Solara Active Pharma Sciences.
Solara Active Pharma Sciences Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.9% increase. The company also saw a substantial improvement in profitability, with a 62.07% increase in profit. The company's net worth dipped by a decrease of 1.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Solara Active Pharma Sciences?
In 2022, Solara Active Pharma Sciences had a promoter holding of 39.71% and a public holding of 60.29%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Rhea Healthcare Private LimitedAnkur Thadani is a mutual person
Fourth Partner Energy Private LimitedAnkur Thadani is a mutual person
Api Holdings LimitedAnkur Thadani is a mutual person
Tata Passenger Electric Mobility LimitedAnkur Thadani is a mutual person
Onesource Specialty Pharma LimitedArun Pillai is a mutual person
Charges (Loans)
₹1,724.40 Cr
₹2,310.69 Cr
Charges Breakdown by Lending Institutions
- Others : 1584.40 Cr
- Yes Bank Limited : 140.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2022 | Yes Bank Limited | ₹75.00 Cr | Open |
| 28 Sep 2022 | Yes Bank Limited | ₹65.00 Cr | Open |
| 22 Nov 2021 | Others | ₹150.00 Cr | Open |
| 21 Jan 2021 | Others | ₹170.00 Cr | Open |
| 30 May 2019 | Others | ₹1,264.40 Cr | Open |
How Many Employees Work at Solara Active Pharma Sciences?
Solara Active Pharma Sciences has a workforce of 1656 employees as of Mar 25, 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 Solara Active Pharma Sciences, 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 Solara Active Pharma Sciences'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.
