Solco Biomedical Co. India Private Limited

Manufacturer and trader of orthopedic implants and appliances since 2010.

2010 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Solco Biomedical Co. India Profile

Key Indicators

  • Authorised Capital ₹ 4.75 Cr
  • Paid Up Capital ₹ 4.21 Cr
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.55 Cr
  • Satisfied Charges ₹ 17.90 Cr
  • Revenue Growth 64.05%
  • Profit Growth 75.22%
  • Ebitda 2.53%
  • Net Worth 13.95%
  • Total Assets 16.48%

About Solco Biomedical Co. India

Solco Biomedical Co. India Private Limited (SBCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 August 2010 and has a history of 14 years and six months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Musical Instruments 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 4.75 Cr and a paid-up capital of Rs 4.21 Cr.

The company currently has active open charges totaling ₹19.55 Cr. The company has closed loans amounting to ₹17.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Darshak Shah, Atulkumar Shah, and Biral Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    solco.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33110GJ2010PTC062113

  • Company No.

    062113

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Aug 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Musical Instruments

Who are the key members and board of directors at Solco Biomedical Co. India?

Board Members (3)

NameDesignationAppointment DateStatus
Darshak Shah Country flag representing In Director 25-Aug-2010Current
Atulkumar Shah Country flag representing In Director 25-Aug-2010Current
Biral Shah Country flag representing In Director 31-Mar-2022Current

Financial Performance of Solco Biomedical Co. India.

Solco Biomedical Co. India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 64.05% increase. The company also saw a substantial improvement in profitability, with a 75.22% increase in profit. The company's net worth Soared by an impressive increase of 13.95%.

Solco Biomedical Co. India revenue growth over time
Solco Biomedical Co. India 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
64.05%
Revenue from Operations
57.42%
Total Assets
16.48%
Profit or Loss
75.22%
Net Worth
13.95%
EBITDA
2.53%

What is the Ownership and Shareholding Structure of Solco Biomedical Co. India?

In 2022, Solco Biomedical Co. India had a promoter holding of 78.12% and a public holding of 21.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.55 Cr

Satisfied Charges

₹17.90 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 15.11 Cr
  • Sidbi : 4.36 Cr
  • Others : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
23 Mar 2023Sidbi₹1.22 CrOpen
27 Jan 2022Sidbi₹1.28 CrOpen
09 Sep 2021Others₹0.85 MOpen
26 Mar 2021Sidbi₹8.83 MOpen
19 Jun 2020Sidbi₹1.62 MOpen

How Many Employees Work at Solco Biomedical Co. India?

Solco Biomedical Co. India has a workforce of 93 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.

Employee growth trends for Solco Biomedical Co. India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solco Biomedical Co. India, 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 Solco Biomedical Co. India'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 Solco Biomedical Co. India

Recent activity within the organization

  • Annual General Meeting

    Solco Biomedical Co. India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Solco Biomedical Co. India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Canara Bank of Rs. 15.11 Cr registered on 12 Feb 2020 with Charge ID 100335175 was modified on 01 Dec 2023.

  • Charges

    A charge registered on 10 Apr 2019 via Charge ID 100272699 with Others was fully satisfied on 31 Mar 2023.

  • Charges

    A charge with Sidbi amounted to Rs. 1.22 Cr with Charge ID 100689574 was registered on 23 Mar 2023.

  • Director Appointment

    Biral Darshak Shah was appointed as a Director was appointed as a Director on 31 Mar 2022 & has been associated with this company since 2 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Solco Biomedical Co. India Private Limited?

    Solco Biomedical Co. India Private Limited was incorporated on 25 Aug 2010.

  • What is authorized share capital and paid-up capital of Solco Biomedical Co. India Private Limited?

    The authorized share capital of Solco Biomedical Co. India Private Limited is ₹ 4.75 Cr and paid-up capital is ₹ 4.21 Cr.

  • Who are the current board members & directors of Solco Biomedical Co. India Private Limited?

    Currently 3 directors are associated with Solco Biomedical Co. India Private Limited.

    • Darshak Atulbhai Shah
    • Atulkumar Vadilal Shah
    • Biral Darshak Shah
  • What is the registered address of Solco Biomedical Co. India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Solco Biomedical Co. India Private Limited is 5-6 3Rd Floor B.Jadav Chembers Above Sales India, Ashram Road India, Ahmedabad, Gujarat, 380009.

  • What is the corporate identification number (CIN) and company number of Solco Biomedical Co. India Private Limited?

    The corporate identification number (CIN) of Solco Biomedical Co. India Private Limited is U33110GJ2010PTC062113 and the company number is 062113 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Solco Biomedical Co. India Private Limited?

    The Official website of Solco Biomedical Co. India Private Limited is https://www.solco.co.in

  • What has been the recent revenue trend for Solco Biomedical Co. India Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Solco Biomedical Co. India Private Limited has risen by 64.05%.

  • How many employees does Solco Biomedical Co. India Private Limited currently have?

    As Per 2022 financial reports, 93 employees are currently employed by Solco Biomedical Co. India Private Limited.

  • What change has been observed in the net worth of Solco Biomedical Co. India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Solco Biomedical Co. India Private Limited has experienced an upsurge of 13.95%.

  • What are the total open charges for Solco Biomedical Co. India Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Solco Biomedical Co. India Private Limited amount to ₹ 19.55 Cr.

  • When was the last Balance Sheet of Solco Biomedical Co. India Private Limited filed with the ROC?

    The most recent Balance Sheet for Solco Biomedical Co. India Private Limited was filed with the ROC on 31 Mar 2024.