Solemn Finance And Leasing Private Limited

Provides leasing and finance services with registered office in Delhi.

1996 | Delhi (India) | Active
Last Updated:

Solemn Finance And Leasing Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.23 Cr
  • Company Age 28 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 24.71 Cr
  • Revenue Growth -4.20%
  • Profit Growth 119.68%
  • Ebitda -26.97%
  • Net Worth 3.29%
  • Total Assets -1.80%

About Solemn Finance And Leasing

Solemn Finance And Leasing Private Limited (SFALPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 December 1996 and has a history of 28 years and two months. Its registered office is in Delhi, India.

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 2024. 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.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921DL1996PTC083845

  • Company No.

    083845

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Solemn Finance And Leasing?

Board Members (3)

NameDesignationAppointment DateStatus
Vivek Narang Country flag representing In Whole-Time Director 30-May-1997Current
Vikas Narang Country flag representing In Whole-Time Director 13-Dec-1996Current
Suman Pruthi Country flag representing In Director 01-Sep-2002Current

Financial Performance of Solemn Finance And Leasing.

Solemn Finance And Leasing Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 4.2% decrease. The company also saw a substantial improvement in profitability, with a 119.68% increase in profit. The company's net worth moved up by a moderate rise of 3.29%.

Solemn Finance And Leasing revenue growth over time
Solemn Finance And Leasing 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
-4.20%
Revenue from Operations
-4.52%
Total Assets
-1.80%
Profit or Loss
119.68%
Net Worth
3.29%
EBITDA
-26.97%

What is the Ownership and Shareholding Structure of Solemn Finance And Leasing?

In 2024, Solemn Finance And Leasing had a public holding of 34.45%. The company had 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹24.71 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 24.21 Cr
  • Punjab & Sind Bank : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jul 2013Bank Of India₹24.21 CrSatisfied
11 Aug 2003Punjab & Sind Bank₹4.95 MSatisfied

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.

Employee growth trends for Solemn Finance And Leasing Private Limited

Deals i

Graph showing company valuation over time

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

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 Solemn Finance And Leasing

Recent activity within the organization

  • Annual General Meeting

    Solemn Finance And Leasing Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Solemn Finance And Leasing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge registered on 11 Aug 2003 via Charge ID 90038307 with Punjab & Sind Bank was fully satisfied on 17 Nov 2022.

  • Charges

    A charge registered on 05 Jul 2013 via Charge ID 10445546 with Bank Of India was fully satisfied on 18 Feb 2020.

  • Charges

    A charge with Bank Of India amounted to Rs. 24.21 Cr with Charge ID 10445546 was registered on 05 Jul 2013.

  • Charges

    A charge with Punjab & Sind Bank of Rs. 0.50 Cr registered on 11 Aug 2003 with Charge ID 90038307 was modified on 12 Jan 2009.

Frequently asked questions

  • What is the Incorporation or founding date of Solemn Finance And Leasing Private Limited?

    Solemn Finance And Leasing Private Limited was incorporated on 13 Dec 1996.

  • What is authorized share capital and paid-up capital of Solemn Finance And Leasing Private Limited?

    The authorized share capital of Solemn Finance And Leasing Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.23 Cr.

  • Who are the current board members & directors of Solemn Finance And Leasing Private Limited?

    Currently 3 directors are associated with Solemn Finance And Leasing Private Limited.

    • Vivek Narang
    • Vikas Narang
    • Suman Pruthi

  • What is the registered address of Solemn Finance And Leasing Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Solemn Finance And Leasing Private Limited is 7 Paschim Enclave Rohtak Road India, Delhi, 110087.

  • What is the corporate identification number (CIN) and company number of Solemn Finance And Leasing Private Limited?

    The corporate identification number (CIN) of Solemn Finance And Leasing Private Limited is U65921DL1996PTC083845 and the company number is 083845 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Solemn Finance And Leasing Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Solemn Finance And Leasing Private Limited has fallen by -4.20%.

  • What change has been observed in the net worth of Solemn Finance And Leasing Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Solemn Finance And Leasing Private Limited has experienced an upsurge of 3.29%.

  • When was the last Balance Sheet of Solemn Finance And Leasing Private Limited filed with the ROC?

    The most recent Balance Sheet for Solemn Finance And Leasing Private Limited was filed with the ROC on 31 Mar 2024.

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