Solas Marine Services Profile
Key Indicators
- Authorised Capital ₹ 6.75 Cr
- Paid Up Capital ₹ 4.64 Cr
- Company Age 19 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 45.00 Cr
- Satisfied Charges ₹ 25.82 Cr
- Revenue Growth 51.13%
- Profit Growth 89.79%
- Ebitda 78.97%
- Net Worth 49.36%
- Total Assets 58.22%
About Solas Marine Services
Solas Marine Services Private Limited (SMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 December 2005 and has a history of 19 years and one month. Its registered office is in Navi Mumbai, Maharashtra, India.
The Company is engaged in the Infrastructure 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 6.75 Cr and a paid-up capital of Rs 4.64 Cr.
The company currently has active open charges totaling ₹45.00 Cr. The company has closed loans amounting to ₹25.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
Company Details
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Location
Navi Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U35111MH2005PTC158044
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Company No.
158044
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 Dec 2005
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Date of AGM
30 May 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Solas Marine Services Private Limited offer?
Solas Marine Services Private Limited offers a wide range of products and services, including Security AlArms, Detectors & Devices, Security Alarms, Fire Fighting & Prevention Products, Fire Alarm Systems, Swimming Pool & Water Sport Goods, Inflatable Boats, Marine Tools & Equipments, Marine Safety Equipment, Fire Fighting Equipments, Fire Sprinklers.
Who are the key members and board of directors at Solas Marine Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prashant Kamath
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Managing Director | 14-Dec-2005 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Praveen Shenoy
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Director | 26-Feb-2016 | Current |
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Pandurang Kamath
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Director | 14-Dec-2005 | Current |
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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What is the Ownership and Shareholding Structure of Solas Marine Services?
In 2023, Solas Marine Services 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)
₹45.00 Cr
₹25.82 Cr
Charges Breakdown by Lending Institutions
- Others : 45.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jan 2020 | Others | ₹45.00 Cr | Open |
| 11 May 2021 | Others | ₹1.16 M | Satisfied |
| 20 Mar 2021 | Others | ₹2.00 Cr | Satisfied |
| 20 Mar 2021 | Others | ₹3.50 Cr | Satisfied |
| 18 Nov 2020 | Others | ₹2.00 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Solas Marine Services, 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 Marine Services'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.