Solaris Chemtech Industries Profile
Key Indicators
- Authorised Capital ₹ 475.05 Cr
- Paid Up Capital ₹ 436.25 Cr
- Company Age 23 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 50.00 Cr
- Satisfied Charges ₹ 5,156.78 Cr
- Revenue Growth 55.41%
- Profit Growth 118.91%
- Ebitda 93.51%
- Net Worth 74.90%
- Total Assets 5.71%
About Solaris Chemtech Industries
Solaris Chemtech Industries Limited (SCIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 June 2001 and has a history of 23 years and nine months. Its registered office is in Gurugram, Haryana, India.
The Corporate was formerly known as Bilt Bio-Chemicals Limited. The Company is engaged in the Chemicals And Materials 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 475.05 Cr and a paid-up capital of Rs 436.25 Cr.
The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹5,156.78 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Solaris Chemtech Industries Limited India is Pardeep Kumar as CFO. Harsh Gupta, Chaitanya Shroff, Rajendra Shah, and One other member serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U24119HR2001PLC083638
- Company No.
083638
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Jun 2001
- Date of AGM
08 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Chemicals and Materials
What products or services does Solaris Chemtech Industries Limited offer?
Solaris Chemtech Industries Limited offers a wide range of products and services, including Chemical Reagents & Catalysts, Organic Compounds, Industrial Chemicals & Supplies, Agro Chemicals.
Who are the key members and board of directors at Solaris Chemtech Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harsh Gupta  | Managing Director | 09-Sep-2016 | Current |
| Pardeep Kumar | CFO | 26-Feb-2020 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chaitanya Shroff | Director | 11-Jul-2024 | Current |
| Rajendra Shah | Director | 11-Jul-2024 | Current |
| Sonu Chadha | Director | 08-Jul-2015 | Current |
Financial Performance of Solaris Chemtech Industries.
Solaris Chemtech Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.41% increase. The company also saw a substantial improvement in profitability, with a 118.91% increase in profit. The company's net worth Soared by an impressive increase of 74.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Solaris Chemtech Industries?
In 2023, Solaris Chemtech Industries 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)
Maxeema Bio-Tech Private LimitedChaitanya Shroff is a mutual person
Agrocel Industries Private LimitedChaitanya Shroff and Rajendra Shah are mutual person
Transchem Agritech Private LimitedChaitanya Shroff is a mutual person
Microbiome Research Private LimitedChaitanya Shroff is a mutual person
Agrocel Friends Chemicals LlpHarsh Gupta is a mutual person
- Vantage Chemical Industries Private Limited
Chaitanya Shroff is a mutual person
Charges (Loans)
Open Charges
₹50.00 Cr
Satisfied Charges
₹5,156.78 Cr
Charges Breakdown by Lending Institutions
- Others : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2018 | Others | ₹50.00 Cr | Open |
| 26 Dec 2017 | Yes Bank Limited | ₹3.84 M | Satisfied |
| 01 May 2017 | Others | ₹1,305.00 Cr | Satisfied |
| 08 Nov 2016 | Others | ₹20.00 Cr | Satisfied |
| 08 Nov 2016 | Others | ₹50.00 Cr | Satisfied |
How Many Employees Work at Solaris Chemtech Industries?
Solaris Chemtech Industries has a workforce of 239 employees as of Apr 01, 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 Solaris Chemtech Industries, 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 Solaris Chemtech Industries'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 Solaris Chemtech Industries
Recent activity within the organization
- Annual General Meeting
Solaris Chemtech Industries Limited last Annual general meeting of members was held on 08 Aug 2024 as per latest MCA records.
- Director Appointment
Chaitanya Dipesh Shroff was appointed as a Director was appointed as a Director on 11 Jul 2024 & has been associated with this company since 7 months 23 days .
- Director Appointment
Rajendra Bhogilal Shah was appointed as a Director was appointed as a Director on 11 Jul 2024 & has been associated with this company since 7 months 23 days .
- Balance Sheet
Solaris Chemtech Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 26 Dec 2017 via Charge ID 100187355 with Yes Bank Limited was fully satisfied on 14 Jun 2023.
- Charges
A charge with Others of Rs. 50.00 Cr registered on 26 Dec 2018 with Charge ID 100229061 was modified on 18 Apr 2023.
Recent News, Updates & Announcement
- "Gautam Thapar's Avantha Group Sells Solaris ChemTech to Agrocel Industries to Tackle Debt".
When you're in debt, you gotta sell some stuff. So, Gautam Thapar's Avantha Group sold Solaris ChemTech to Agrocel Industries. Debt be gone!.
- Avantha set to sell Solaris to Agrocel for Rs 800 crore.
Agrocel, part of the Shroff Group of Companies which includes Excel Industries, is expected to sign definitive agreement in the coming week and an announcement is due before year-end..
- Avantha set to sell Solaris to Agrocel for Rs 800 crore.
Agrocel, part of the Shroff Group of Companies which includes Excel Industries, is expected to sign definitive agreement in the coming week and an announcement is due before year-end..
Frequently asked questions
What is the Incorporation or founding date of Solaris Chemtech Industries Limited?
Solaris Chemtech Industries Limited was incorporated on 01 Jun 2001.
What is authorized share capital and paid-up capital of Solaris Chemtech Industries Limited?
The authorized share capital of Solaris Chemtech Industries Limited is ₹ 475.05 Cr and paid-up capital is ₹ 436.25 Cr.
Who are the current board members & directors of Solaris Chemtech Industries Limited?
Currently 5 directors are associated with Solaris Chemtech Industries Limited.
- Harsh Gupta
- Chaitanya Dipesh Shroff
- Rajendra Bhogilal Shah
- Sonu Chadha
- Pardeep Kumar
What is the registered address of Solaris Chemtech Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Solaris Chemtech Industries Limited is Ground Floor First India Place Tower C Mehrauli Road, Gurgaon, Haryana, 122002.
What is the corporate identification number (CIN) and company number of Solaris Chemtech Industries Limited?
The corporate identification number (CIN) of Solaris Chemtech Industries Limited is U24119HR2001PLC083638 and the company number is 083638 as per Ministry of Corporate Affairs (MCA).
What is the official website of Solaris Chemtech Industries Limited?
The Official website of Solaris Chemtech Industries Limited is https://www.solarischemtech.com
What has been the recent revenue trend for Solaris Chemtech Industries Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Solaris Chemtech Industries Limited has risen by 55.41%.
How many employees does Solaris Chemtech Industries Limited currently have?
As Per 2023 financial reports, 239 employees are currently employed by Solaris Chemtech Industries Limited.
What change has been observed in the net worth of Solaris Chemtech Industries Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Solaris Chemtech Industries Limited has experienced an upsurge of 74.90%.
What are the total open charges for Solaris Chemtech Industries Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Solaris Chemtech Industries Limited amount to ₹ 50.00 Cr.
When was the last Balance Sheet of Solaris Chemtech Industries Limited filed with the ROC?
The most recent Balance Sheet for Solaris Chemtech Industries Limited was filed with the ROC on 31 Mar 2024.
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