Solcon Engineers Pvt Ltd

Manufacturer of bulk material handling equipment for various industries, with extensive project experience.

1983 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

Solcon Engineers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.00 K
  • Company Age 42 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 35.67 Cr
  • Satisfied Charges ₹ 22.00 Cr
  • Revenue Growth 99.36%
  • Profit Growth 223.42%
  • Ebitda 163.48%
  • Net Worth 41.27%
  • Total Assets 25.33%

About Solcon Engineers

Solcon Engineers Pvt Ltd (SEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 January 1983 and has a history of 42 years and one month. Its registered office is in Pune, Maharashtra, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.00 K .

The company currently has active open charges totaling ₹35.67 Cr. The company has closed loans amounting to ₹22.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gulab Ghule and Achyut Gokhale serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    solconindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29119MH1983PTC029036

  • Company No.

    029036

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jan 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Solcon Engineers Pvt Ltd offer?

Solcon Engineers Pvt Ltd offers a wide range of products and services, including Conveyors, Chain Conveyors, Belt Conveyors, Building & Construction Machines, Crushing Machines & Plants, Screw Conveyors, Vibrating Screens, Circular Vibratory Screen, Conveyor Feeders, Jaw Crusher.

Who are the key members and board of directors at Solcon Engineers?

Board Members (2)

NameDesignationAppointment DateStatus
Gulab Ghule Country flag representing In Whole-Time Director 03-Mar-1983Current
Achyut Gokhale Country flag representing In Whole-Time Director 03-Mar-1983Current

Financial Performance of Solcon Engineers.

Solcon Engineers Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 99.36% increase. The company also saw a substantial improvement in profitability, with a 223.42% increase in profit. The company's net worth Soared by an impressive increase of 41.27%.

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
99.36%
Revenue from Operations
125.39%
Total Assets
25.33%
Profit or Loss
223.42%
Net Worth
41.27%
EBITDA
163.48%

What is the Ownership and Shareholding Structure of Solcon Engineers?

In 2023, Solcon Engineers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.67 Cr

Satisfied Charges

₹22.00 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 35.42 Cr
  • Hdfc Bank Limited : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
08 Feb 2022Bank Of India₹24.00 CrOpen
08 Apr 2021Hdfc Bank Limited₹2.50 MOpen
13 Aug 2020Bank Of India₹6.70 MOpen
02 May 1997Bank Of India₹7.50 MOpen
02 May 1997Bank Of India₹7.50 MOpen

How Many Employees Work at Solcon Engineers?

Solcon Engineers has a workforce of 56 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solcon Engineers, 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 Solcon Engineers'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 Solcon Engineers

Recent activity within the organization

  • Charges

    A charge with Bank Of India of Rs. 24.00 Cr registered on 08 Feb 2022 with Charge ID 100541564 was modified on 22 Oct 2024.

    22 Oct 2024

  • Annual General Meeting

    Solcon Engineers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Solcon Engineers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Bank Of India of Rs. 0.67 Cr registered on 13 Aug 2020 with Charge ID 100381297 was modified on 13 Feb 2023.

    13 Feb 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 24.00 Cr with Charge ID 100541564 was registered on 08 Feb 2022.

    08 Feb 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100452085 was registered on 08 Apr 2021.

    08 Apr 2021

Frequently asked questions

  • Solcon Engineers Pvt Ltd was incorporated on 03 Jan 1983.

  • The authorized share capital of Solcon Engineers Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 5.00 K .

  • Currently 2 directors are associated with Solcon Engineers Pvt Ltd.

    • Gulab Bhivba Ghule
    • Achyut Balkrishna Gokhale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solcon Engineers Pvt Ltd is Gat No.63 At Post Shindewadi, Taluka Bhor India, Pune, Maharashtra, 412205.

  • The corporate identification number (CIN) of Solcon Engineers Pvt Ltd is U29119MH1983PTC029036 and the company number is 029036 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solcon Engineers Pvt Ltd is https://www.solconindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solcon Engineers Pvt Ltd has risen by 99.36%.

  • As Per 2023 financial reports, 56 employees are currently employed by Solcon Engineers Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solcon Engineers Pvt Ltd has experienced an upsurge of 41.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Solcon Engineers Pvt Ltd amount to ₹ 35.67 Cr.

  • The most recent Balance Sheet for Solcon Engineers Pvt Ltd was filed with the ROC on 31 Mar 2024.