Solaris Industrial Chemicals Limited

Provides investment, trading, and consultancy services in the industrial chemicals sector.

2003 | Gurugram, Haryana (India) | Active
Last Updated: December 08, 2024

Solaris Industrial Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 0.50 M
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,528.00 Cr
  • Satisfied Charges ₹ 130.00 Cr
  • Revenue Growth -55.56%
  • Profit Growth 130.23%
  • Ebitda 61.17%
  • Net Worth
  • Total Assets 0.01%

About Solaris Industrial Chemicals

Solaris Industrial Chemicals Limited (SICL) is a Public Limited Indian Non-Government Company incorporated in India on 10 November 2003 and has a history of 21 years and three months. Its registered office is in Gurugram, Haryana, India.

The Company is engaged in the Financial Services 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 5.00 Cr and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1,528.00 Cr. The company has closed loans amounting to ₹130.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Akhil Mahajan, Biju Varkey, and Raghubir Sharma 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

    U24119HR2003PLC093051

  • Company No.

    122993

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 2003

  • Date of AGM

    11 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

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

Board Members (3)

NameDesignationAppointment DateStatus
Akhil Mahajan Country flag representing In Director 16-Nov-2010Current
Biju Varkey Country flag representing In Director 17-Aug-2023Current
Raghubir Sharma Country flag representing In Director 27-Apr-2015Current

Financial Performance of Solaris Industrial Chemicals.

Solaris Industrial Chemicals Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 55.56% decrease. The company also saw a substantial improvement in profitability, with a 130.23% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
-55.56%
Revenue from Operations
Total Assets
0.01%
Profit or Loss
130.23%
Net Worth
EBITDA
61.17%

What is the Ownership and Shareholding Structure of Solaris Industrial Chemicals?

In 2021, Solaris Industrial Chemicals had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,528.00 Cr

Satisfied Charges

₹130.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 1463.00 Cr
  • Indusind Bank Ltd. : 65.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Feb 2019Others₹778.00 CrOpen
28 Sep 2018Others₹485.00 CrOpen
14 Sep 2016Others₹200.00 CrOpen
06 Dec 2010Indusind Bank Ltd.₹65.00 CrOpen
16 Sep 2008L & T Finance Limited₹130.00 CrSatisfied

How Many Employees Work at Solaris Industrial Chemicals?

Unlock and access historical data on people associated with Solaris Industrial Chemicals, 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 Industrial Chemicals, 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 Industrial Chemicals'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 Industrial Chemicals

Recent activity within the organization

  • Annual General Meeting

    Solaris Industrial Chemicals Limited last Annual general meeting of members was held on 11 Sep 2024 as per latest MCA records.

    11 Sep 2024

  • Balance Sheet

    Solaris Industrial Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Biju Thodakkarayil Varkey was appointed as a Director was appointed as a Director on 17 Aug 2023 & has been associated with this company since 1 year 6 months .

    17 Aug 2023

  • Charges

    A charge with Others of Rs. 485.00 Cr registered on 28 Sep 2018 with Charge ID 100209593 was modified on 09 Jul 2019.

    09 Jul 2019

  • Charges

    A charge with Others amounted to Rs. 778.00 Cr with Charge ID 100243457 was registered on 13 Feb 2019.

    13 Feb 2019

  • Charges

    A charge with Others amounted to Rs. 485.00 Cr with Charge ID 100209593 was registered on 28 Sep 2018.

    28 Sep 2018

Frequently asked questions

  • Solaris Industrial Chemicals Limited was incorporated on 10 Nov 2003.

  • The authorized share capital of Solaris Industrial Chemicals Limited is ₹ 5.00 Cr and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Solaris Industrial Chemicals Limited.

    • Akhil Mahajan
    • Biju Thodakkarayil Varkey
    • Raghubir Kumar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solaris Industrial Chemicals Limited is First India Place, Tower-C Mehrauli Gurgaon Road, Gurugram, Haryana, 122001.

  • The corporate identification number (CIN) of Solaris Industrial Chemicals Limited is U24119HR2003PLC093051 and the company number is 122993 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Solaris Industrial Chemicals Limited has fallen by -55.56%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Solaris Industrial Chemicals Limited amount to ₹ 1,528.00 Cr.

  • The most recent Balance Sheet for Solaris Industrial Chemicals Limited was filed with the ROC on 31 Mar 2024.

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