Solaris Developers Private Limited

Real estate development and construction services for buying, selling, and developing properties.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: January 04, 2025

Solaris Developers Profile

Key Indicators

  • Authorised Capital ₹ 1.30 Cr
  • Paid Up Capital ₹ 8.58 M
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25.55 Cr
  • Revenue Growth %
  • Profit Growth 99.37%
  • Ebitda 99.07%
  • Net Worth -0.09%
  • Total Assets -0.03%

About Solaris Developers

Solaris Developers Private Limited (SDPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 March 2005 and has a history of 19 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mirage Entertainment Pvt Ltd. The Company is engaged in the Real Estate And Construction 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 1.30 Cr and a paid-up capital of Rs 8.58 M.

The company currently has active open charges totaling ₹25.55 Cr.

Rakeshkumar Handa and Yogesh Handa serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U92100MH2005PTC151772

  • Company No.

    151772

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Solaris Developers?

Board Members (2)

Name Designation Appointment Date Status
Rakeshkumar Handa Country flag representing In Director 31-Aug-2005 Current
Yogesh Handa Country flag representing In Director 31-Aug-2005 Current

Financial Performance of Solaris Developers.

Solaris Developers Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 99.37% increase in profit. The company's net worth dipped by a decrease of 0.09%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-0.03%
Profit or Loss
99.37%
Net Worth
-0.09%
EBITDA
99.07%

What is the Ownership and Shareholding Structure of Solaris Developers?

In 2021, Solaris Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.55 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 17.00 Cr
  • The South Indian Bank Limited : 6.40 Cr
  • Icici Bank Limited : 2.15 Cr

Latest Charge Details

Date Lender Amount Status
18 May 2017 Others ₹2.00 Cr Open
21 Oct 2016 Others ₹15.00 Cr Open
08 Oct 2015 The South Indian Bank Limited ₹4.40 Cr Open
29 Nov 2012 Icici Bank Limited ₹2.15 Cr Open
25 Jun 2010 The South Indian Bank Limited ₹2.00 Cr Open

How Many Employees Work at Solaris Developers?

Unlock and access historical data on people associated with Solaris Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solaris Developers, 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 Developers's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Developers

Recent activity within the organization

  • Annual General Meeting

    Solaris Developers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Solaris Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 21 Oct 2016 with Charge ID 100057366 was modified on 30 Sep 2022.

    30 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100100728 was registered on 18 May 2017.

    18 May 2017

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100057366 was registered on 21 Oct 2016.

    21 Oct 2016

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 4.40 Cr with Charge ID 10606086 was registered on 08 Oct 2015.

    08 Oct 2015

Frequently asked questions

  • Solaris Developers Private Limited was incorporated on 04 Mar 2005.

  • The authorized share capital of Solaris Developers Private Limited is ₹ 1.30 Cr and paid-up capital is ₹ 8.58 M.

  • Currently 2 directors are associated with Solaris Developers Private Limited.

    • Rakeshkumar Virendrakumar Handa
    • Yogesh Virendra Handa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solaris Developers Private Limited is 205 Floor G 2 Emca House Shahid Bhagat Singh Road Ballard Estate, Fort India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Solaris Developers Private Limited is U92100MH2005PTC151772 and the company number is 151772 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solaris Developers Private Limited is https://www.solarisdevelopers.com

  • The financial reports for the fiscal year 2022 indicates that The net worth of Solaris Developers Private Limited has experienced an downturn of -0.09%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Solaris Developers Private Limited amount to ₹ 25.55 Cr.

  • The most recent Balance Sheet for Solaris Developers Private Limited was filed with the ROC on 31 Mar 2023.

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