Solemn Finance And Leasing Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 16-07-2024
- Paid Up Capital ₹ 1.23 Cr
as on 16-07-2024
- Company Age 28 Year, 7 Days
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 24.71 Cr
as on 16-07-2024
- Revenue -50.90%
(FY 2023)
- Profit -66.86%
(FY 2023)
- Ebitda -49.43%
(FY 2023)
- Net Worth 1.52%
(FY 2023)
- Total Assets -37.94%
(FY 2023)
About Solemn Finance And Leasing
The Company is engaged in the Financial Services 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 1.23 Cr.
The company has closed loans amounting to ₹24.71 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Vivek Narang, Vikas Narang, and Suman Pruthi serve as directors at the Company.
- CIN/LLPIN
U65921DL1996PTC083845
- Company No.
083845
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Dec 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, Delhi, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Solemn Finance And Leasing?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Narang  | Whole-Time Director | 30-May-1997 | Current |
| Vikas Narang | Whole-Time Director | 13-Dec-1996 | Current |
| Suman Pruthi | Director | 01-Sep-2002 | Current |
Financial of Solemn Finance And Leasing.
Solemn Finance And Leasing Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 50.9% decrease. The company also saw a substantial fall in profitability, with a 66.86% decrease in profit. The company's net worth moved up by a moderate rise of 1.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Solemn Finance And Leasing?
In 2023, Solemn Finance And Leasing had a promoter holding of 65.54% and a public holding of 34.46%. The company had 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Narang Properties Private LimitedActive 24 years 10 months
Vivek Narang and Vikas Narang are mutual person
- Golden Bricks Constructions Private LimitedActive 16 years 3 months
Vivek Narang and Vikas Narang are mutual person
- Active Finvest Private LimitedActive 28 years 8 months
Vivek Narang and Vikas Narang are mutual person
- Golden Bricks Promoters Private LimitedActive 12 years 1 month
Vivek Narang and Vikas Narang are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Bank Of India Creation Date: 05 Jul 2013 | ₹24.21 Cr | Satisfied |
Punjab & Sind Bank Creation Date: 11 Aug 2003 | ₹4.95 M | Satisfied |
How Many Employees Work at Solemn Finance And Leasing?
Unlock and access historical data on people associated with Solemn Finance And Leasing, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Solemn Finance And Leasing, 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 Solemn Finance And Leasing'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.
