Solitaire Machine Tools Profile
Key Indicators
- Authorised Capital ₹ 5.50 Cr
- Paid Up Capital ₹ 4.54 Cr
- Company Age 57 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.22 Cr
- Satisfied Charges ₹ 22.50 Cr
- Revenue Growth 36.98%
- Profit Growth 51.14%
- Ebitda 48.97%
- Net Worth 6.97%
- Total Assets 7.98%
About Solitaire Machine Tools
Solitaire Machine Tools Limited (SMTL) was founded in India on 24 May 1967 and has a glorious history of 57 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522152.
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 5.50 Cr and a paid-up capital of Rs 4.54 Cr.
The company currently has active open charges totaling ₹3.22 Cr. The company has closed loans amounting to ₹22.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Solitaire Machine Tools Limited India are Krishna Naik as COMPANY SECRETARY and Ashok Sheth as Cfo.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
L28932GJ1967PLC143293
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Company No.
013747
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Stock Symbol
BSE : 522152
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
24 May 1967
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Date of AGM
01 Jul 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Listed
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ROC Code
Roc Ahmedabad
Industry
What products or services does Solitaire Machine Tools Limited offer?
Solitaire Machine Tools Limited offers a wide range of products and services, including Repair & Maintenance Services, CNC Machines Repair & Maintenance.
Who are the key members and board of directors at Solitaire Machine Tools?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Krishna Naik | Company Secretary | Current | |
| Ashok Sheth | CFO | 01-Sep-2023 | Current |
Hemandra Badani
|
Managing Director | 31-Jan-2015 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Shilpa Taneja
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Director | 10-Sep-1987 | Current |
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Harsh Badani
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Whole-Time Director | 30-Jan-2010 | Current |
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Kesha Thakkar
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Director | 18-May-2019 | Current |
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Bharat Shah
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Director | 20-Apr-2019 | Current |
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Nishita Rajput
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Director | 20-Apr-2019 | Current |
Financial Performance of Solitaire Machine Tools.
Solitaire Machine Tools Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.98% increase. The company also saw a substantial improvement in profitability, with a 51.14% increase in profit. The company's net worth moved up by a moderate rise of 6.97%.
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What is the Ownership and Shareholding Structure of Solitaire Machine Tools?
In 2023, Solitaire Machine Tools had a promoter holding of 45.22% and a public holding of 54.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Metal Perforation Pvt LtdHemandra Badani is a mutual person
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Adventure Advertising Private LimitedShilpa Taneja is a mutual person
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Mecpower Solutions LimitedBharat Shah is a mutual person
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Shruchi Manufacturing LimitedHarsh Badani is a mutual person
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Simplex Automation Systems Private Limited
Harsh Badani is a mutual person
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Veenasi Designs Llp
Shilpa Taneja is a mutual person
Charges (Loans)
₹3.22 Cr
₹22.50 Cr
Charges Breakdown by Lending Institutions
- Uti Bank : 3.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2005 | Uti Bank | ₹1.61 Cr | Open |
| 25 Aug 2004 | Uti Bank | ₹1.61 Cr | Open |
| 20 Jul 2017 | Yes Bank Limited | ₹9.97 Cr | Satisfied |
| 27 Jun 2017 | Yes Bank Limited | ₹9.97 Cr | Satisfied |
| 24 Feb 2005 | Axis Bank Limited | ₹2.55 Cr | Satisfied |
How Many Employees Work at Solitaire Machine Tools?
Solitaire Machine Tools has a workforce of 79 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Solitaire Machine Tools, 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 Solitaire Machine Tools'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.
