Solidus Hi-Tech Product Profile
Key Indicators
- Authorised Capital ₹ 2.75 Cr
- Paid Up Capital ₹ 2.47 Cr
- Company Age 20 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 37.46 Cr
- Satisfied Charges ₹ 70.74 Cr
- Revenue Growth 16.24%
- Profit Growth 60.38%
- Ebitda 45.90%
- Net Worth 30.77%
- Total Assets 25.57%
About Solidus Hi-Tech Product
Solidus Hi-Tech Product Private Limited (SHPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 August 2004 and has a history of 20 years and five months. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Solidus Hi-Tech Products Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 2.75 Cr and a paid-up capital of Rs 2.47 Cr.
The company currently has active open charges totaling ₹37.46 Cr. The company has closed loans amounting to ₹70.74 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashok Musale, Bhushan Musale, and Vaibhav Ashok serve as directors at the Company.
Company Details
-
Location
Pune, Maharashtra, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U31200PN2004PTC019656
-
Company No.
019656
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
19 Aug 2004
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Pune
Industry
What products or services does Solidus Hi-Tech Product Private Limited offer?
Solidus Hi-Tech Product Private Limited offers a wide range of products and services, including Sheet Metal Parts, Precision Sheet Metal Components, Electric Circuit Components & Spares, Electronic Components, Enclosures & Cabinets, Metal Enclosures.
Who are the key members and board of directors at Solidus Hi-Tech Product?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Musale
|
Director | 19-Aug-2004 | Current |
|
Bhushan Musale
|
Director | 10-Apr-2006 | Current |
|
Vaibhav Ashok
|
Director | 07-Dec-2018 | Current |
Financial Performance of Solidus Hi-Tech Product.
Solidus Hi-Tech Product Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.24% increase. The company also saw a substantial improvement in profitability, with a 60.38% increase in profit. The company's net worth Soared by an impressive increase of 30.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Solidus Hi-Tech Product?
In 2023, Solidus Hi-Tech Product had a promoter holding of 70.79% and a public holding of 29.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
B-Eye Business Intelligence Solutions Private LimitedVaibhav Ashok is a mutual person
-
Vaibhav Screen Plast Pvt LtdAshok Musale and Bhushan Musale are mutual person
-
Enpack Plastics LlpAshok Musale and Bhushan Musale are mutual person
-
Solidus Finefab Private Limited
Ashok Musale and Bhushan Musale are mutual person
-
Saj Landmark Llp
Bhushan Musale is a mutual person
Charges (Loans)
₹37.46 Cr
₹70.74 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 20.22 Cr
- Citi Bank N.A. : 17.00 Cr
- Others : 0.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Oct 2023 | Axis Bank Limited | ₹18.00 Cr | Open |
| 25 May 2023 | Others | ₹2.40 M | Open |
| 25 Mar 2022 | Axis Bank Limited | ₹8.00 M | Open |
| 14 Mar 2022 | Axis Bank Limited | ₹1.35 Cr | Open |
| 11 Jun 2021 | Axis Bank Limited | ₹0.70 M | Open |
How Many Employees Work at Solidus Hi-Tech Product?
Solidus Hi-Tech Product has a workforce of 99 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Solidus Hi-Tech Product, 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 Solidus Hi-Tech Product'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.