Solas Marine Services Private Limited logo

Solas Marine Services Private Limited

Specializes in marine safety equipment, navigation systems, and turnkey projects for ships and boats.
2005 | Navi Mumbai, Maharashtra (India) | Active

Last Updated:

July 03, 2024
HomeCompanySolas Marine Services Private Limited

Who are the key members and board of directors at Solas Marine Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Prashant Kamath InManaging Director14-Dec-2005Current

Board Members(2)

NameDesignationAppointment DateStatus
Praveen Shenoy In Director 26-Feb-2016Current
Pandurang Kamath In Director 14-Dec-2005Current

Financial Performance of Solas Marine Services.

Solas Marine Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.13% increase. The company also saw a substantial improvement in profitability, with a 89.79% increase in profit. The company's net worth Soared by an impressive increase of 49.36%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
51.13%
Revenue from Operations
51.68%
Total Assets
58.22%
Profit or Loss
89.79%
Net Worth
49.36%
EBITDA
78.97%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹45.00 Cr

₹25.82 Cr

LenderAmountStatus

Others

Creation Date: 28 Jan 2020
₹45.00 CrOpen

Others

Creation Date: 11 May 2021
₹1.16 MSatisfied

Others

Creation Date: 20 Mar 2021
₹2.00 CrSatisfied

How Many Employees Work at Solas Marine Services?

Solas Marine Services has a workforce of 180 employees as of Mar 21, 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.

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Latest Updates, News, and FAQs on Solas Marine Services

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 45.00 Cr registered on 28 Jan 2020 with Charge ID 100330173 was modified on 03 Nov 2023.

    03 Nov 2023

  • Charges

    A charge registered on 11 May 2021 via Charge ID 100445784 with Others was fully satisfied on 09 Oct 2023.

    09 Oct 2023

  • Annual General Meeting

    Solas Marine Services Private Limited last Annual general meeting of members was held on 30 May 2023 as per latest MCA records.

    30 May 2023

  • Charges

    A charge registered on 20 Mar 2021 via Charge ID 100444553 with Others was fully satisfied on 19 Apr 2023.

    19 Apr 2023

  • Charges

    A charge registered on 20 Mar 2021 via Charge ID 100444768 with Others was fully satisfied on 19 Apr 2023.

    19 Apr 2023

  • Balance Sheet

    Solas Marine Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Solas Marine Services Private Limited was incorporated on 14 Dec 2005.

  • The authorized share capital of Solas Marine Services Private Limited is ₹ 6.75 Cr and paid-up capital is ₹ 4.64 Cr.

  • Currently 3 directors are associated with Solas Marine Services Private Limited.

    • Prashant Pandurang Kamath
    • Pandurang Subraya Kamath
    • Praveen Katpadikar Shenoy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solas Marine Services Private Limited is Plot No. C-440/1 Ttc Industrial Area Midc Turbhe, Navi Mumbai, Maharashtra, India, 400705.

  • The corporate identification number (CIN) of Solas Marine Services Private Limited is U35111MH2005PTC158044 and the company number is 158044 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solas Marine Services Private Limited is https://www.solasmarine.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solas Marine Services Private Limited has risen by 51.13%.

  • As Per 2023 financial reports, 180 employees are currently employed by Solas Marine Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solas Marine Services Private Limited has experienced an upsurge of 49.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Solas Marine Services Private Limited amount to ₹ 45.00 Cr.

  • The most recent Balance Sheet for Solas Marine Services Private Limited was filed with the ROC on 31 Mar 2023.

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