Solas Fire Safety Equipment Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.50 Cr
as on 16-11-2024
- Company Age 22 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.58 Cr
as on 16-11-2024
- Satisfied Charges ₹ 2.51 Cr
as on 16-11-2024
- Revenue 59.71%
(FY 2023)
- Profit -21.91%
(FY 2023)
- Ebitda 3.02%
(FY 2023)
- Net Worth 0.59%
(FY 2023)
- Total Assets 15.28%
(FY 2023)
About Solas Fire Safety Equipment
The Company is engaged in the Machinery And Equipment 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 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹11.58 Cr. The company has closed loans amounting to ₹2.51 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kavitha Shenoy and Nagraj Shenoy serve as directors at the Company.
- CIN/LLPIN
U29299KA2002PTC030780
- Company No.
030780
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Jul 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Solas Fire Safety Equipment Private Limited offer?
Solas Fire Safety Equipment Private Limited offers a wide range of products and services, including Fire Fighting & Prevention Products, Fire Protection Systems, Measuring Equipments & Instruments, Water Detectors, Chemical Plants & Machinery, Chemical Plant, Fire Sprinklers, Surgical & ICU Equipments, Medical Equipment & Accessories.
Who are the key members and board of directors at Solas Fire Safety Equipment?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nagraj Shenoy  | Managing Director | 18-Jul-2002 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kavitha Shenoy | Whole-Time Director | 18-Jul-2002 | Current |
Financial Performance of Solas Fire Safety Equipment.
Solas Fire Safety Equipment Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.71% increase. The company also saw a substantial fall in profitability, with a 21.91% decrease in profit. The company's net worth moved up by a moderate rise of 0.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Solas Fire Safety Equipment?
In 2023, Solas Fire Safety Equipment had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 23 Nov 2021 | ₹5.90 M | Open |
Canara Bank Creation Date: 15 Jun 2020 | ₹8.90 M | Open |
Syndicate Bank Creation Date: 26 May 2016 | ₹1.45 M | Open |
How Many Employees Work at Solas Fire Safety Equipment?
Solas Fire Safety Equipment has a workforce of 79 employees as of Apr 04, 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 Solas Fire Safety Equipment, 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 Solas Fire Safety Equipment'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.
