Solid Ply Private Limited

Manufacturer and trader of plywood, veneers, timber, and steel bars under the brand 'Choice'.

1997 | Kolkata, West Bengal (India) | Active
Last Updated:

Solid Ply Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.37 Cr
  • Company Age 27 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.77 Cr
  • Satisfied Charges ₹ 4.99 Cr
  • Revenue Growth 28.96%
  • Profit Growth 25.66%
  • Ebitda -17.48%
  • Net Worth 4.69%
  • Total Assets 10.93%

About Solid Ply

Solid Ply Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 August 1997 and has a history of 27 years and six months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Fine Wood Veneers Private Limited. The Company is engaged in the Manufacturing 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 1.37 Cr.

The company currently has active open charges totaling ₹24.77 Cr. The company has closed loans amounting to ₹4.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lakshmi Garg and Saket Garg serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    solidply.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U20212WB1997PTC085073

  • Company No.

    085073

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

What products or services does Solid Ply Private Limited offer?

Solid Ply Private Limited offers a wide range of products and services, including Wooden Door, Plywood Door, Wood, Plywood, Veneer & Laminates, Plywoods, Wooden Swing Doors, Designer Wooden Door, MR Grade Plywood, Door, Flush Doors, Solid Core Flush Door.

Who are the key members and board of directors at Solid Ply?

Board Members (2)

NameDesignationAppointment DateStatus
Saket Garg Country flag representing In Director 10-Mar-2013Current
Lakshmi Garg Country flag representing In Director 25-May-2006Current

Financial Performance of Solid Ply.

Solid Ply Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.96% increase. The company also saw a substantial improvement in profitability, with a 25.66% increase in profit. The company's net worth moved up by a moderate rise of 4.69%.

Solid Ply revenue growth over time
Solid Ply 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
28.96%
Revenue from Operations
30.08%
Total Assets
10.93%
Profit or Loss
25.66%
Net Worth
4.69%
EBITDA
-17.48%

What is the Ownership and Shareholding Structure of Solid Ply?

In 2023, Solid Ply had a promoter holding of 80.98% and a public holding of 19.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.77 Cr

Satisfied Charges

₹4.99 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 22.20 Cr
  • Others : 2.16 Cr
  • Hdfc Bank Limited : 0.41 Cr

Latest Charge Details

DateLenderAmountStatus
30 Apr 2022Hdfc Bank Limited₹0.74 MOpen
12 Jan 2021Hdfc Bank Limited₹0.92 MOpen
12 Sep 2019Others₹2.16 CrOpen
01 Sep 2009Hdfc Bank Limited₹2.44 MOpen
17 Jun 2006State Bank Of India₹22.20 CrOpen

How Many Employees Work at Solid Ply?

Solid Ply has a workforce of 49 employees as of Apr 03, 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 Solid Ply Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solid Ply, 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 Solid Ply'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 Solid Ply

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 22.20 Cr registered on 17 Jun 2006 with Charge ID 80039392 was modified on 04 Oct 2023.

  • Annual General Meeting

    Solid Ply Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Solid Ply Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100585004 was registered on 30 Apr 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100438693 was registered on 12 Jan 2021.

  • Charges

    A charge registered on 28 Mar 2014 via Charge ID 10490214 with Reliance Capital Ltd was fully satisfied on 01 Dec 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Solid Ply Private Limited?

    Solid Ply Private Limited was incorporated on 04 Aug 1997.

  • What is authorized share capital and paid-up capital of Solid Ply Private Limited?

    The authorized share capital of Solid Ply Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.37 Cr.

  • Who are the current board members & directors of Solid Ply Private Limited?

    Currently 2 directors are associated with Solid Ply Private Limited.

    • Lakshmi Chand Garg
    • Saket Garg

  • What is the registered address of Solid Ply Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Solid Ply Private Limited is 8 Khairu Place 4Th Floor Bowbazar St, Kolkata, West Bengal, India, 700072.

  • What is the corporate identification number (CIN) and company number of Solid Ply Private Limited?

    The corporate identification number (CIN) of Solid Ply Private Limited is U20212WB1997PTC085073 and the company number is 085073 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Solid Ply Private Limited?

    The Official website of Solid Ply Private Limited is https://www.solidply.com

  • What has been the recent revenue trend for Solid Ply Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Solid Ply Private Limited has risen by 28.96%.

  • How many employees does Solid Ply Private Limited currently have?

    As Per 2023 financial reports, 49 employees are currently employed by Solid Ply Private Limited.

  • What change has been observed in the net worth of Solid Ply Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Solid Ply Private Limited has experienced an upsurge of 4.69%.

  • What are the total open charges for Solid Ply Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Solid Ply Private Limited amount to ₹ 24.77 Cr.

  • When was the last Balance Sheet of Solid Ply Private Limited filed with the ROC?

    The most recent Balance Sheet for Solid Ply Private Limited was filed with the ROC on 31 Mar 2023.

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