Solkar Solar Industry Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 4.95 Cr
- Company Age 33 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 5.65 Cr
- Revenue Growth 89.47%
- Profit Growth -89.47%
- Ebitda 146.87%
- Net Worth 10.35%
- Total Assets 15.64%
About Solkar Solar Industry
Solkar Solar Industry Limited (SSIL) is a Public Limited Indian Non-Government Company incorporated in India on 29 May 1991 and has a history of 33 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Energy And Power 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 6.00 Cr and a paid-up capital of Rs 4.95 Cr.
The company has closed loans amounting to ₹5.65 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Kunavakkom Raghunathan, Manamathi Srinivasan, and Kunavakkom Raghunathan serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U33309TN1991PLC020868
- Company No.
020868
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 May 1991
- Date of AGM
31 May 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Energy and Power
What products or services does Solkar Solar Industry Limited offer?
Solkar Solar Industry Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Power Plants, Off Grid Solar Power Plant, Solar Water Heater, Solarizer Solar Water Heater, Grid Tied Solar System, Electric Fans, Rechargeable Fan, Solar Fans, Solar Table Fan.
Who are the key members and board of directors at Solkar Solar Industry?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kunavakkom Raghunathan  | Managing Director | 01-Apr-2012 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manamathi Srinivasan | Director | 20-Aug-2009 | Current |
| Kunavakkom Raghunathan | Whole-Time Director | 29-May-1991 | Current |
Financial Performance of Solkar Solar Industry.
Solkar Solar Industry Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 89.47% increase. The company also saw a substantial fall in profitability, with a 89.47% decrease in profit. The company's net worth Soared by an impressive increase of 10.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Solkar Solar Industry?
In 2019, Solkar Solar Industry had a promoter holding of 61.18% and a public holding of 38.82%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
World Veg CouncilManamathi Srinivasan is a mutual person
All India Manufacturers OrganizationManamathi Srinivasan is a mutual person
D4e Network India Private LimitedKunavakkom Raghunathan and Kunavakkom Raghunathan are mutual person
Association Of Indian EntrepreneursKunavakkom Raghunathan and Kunavakkom Raghunathan are mutual person
- Federation Of Indian Automobile Association
Manamathi Srinivasan is a mutual person
- Automobile Association Of Southern India
Manamathi Srinivasan is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹5.65 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 5.40 Cr
- Catholic Syrian Bank Ltd. : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Nov 2006 | Indian Bank | ₹3.00 Cr | Satisfied |
| 22 Aug 2005 | Indian Bank | ₹1.20 Cr | Satisfied |
| 22 Aug 2005 | Indian Bank | ₹1.20 Cr | Satisfied |
| 05 Dec 1995 | Catholic Syrian Bank Ltd. | ₹2.50 M | Satisfied |
How Many Employees Work at Solkar Solar Industry?
Solkar Solar Industry has a workforce of 7 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 Solkar Solar Industry, 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 Solkar Solar Industry'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.
Latest Updates, News, and FAQs on Solkar Solar Industry
Recent activity within the organization
- Annual General Meeting
Solkar Solar Industry Limited last Annual general meeting of members was held on 31 May 2024 as per latest MCA records.
- Balance Sheet
Solkar Solar Industry Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge registered on 20 Nov 2006 via Charge ID 10027396 with Indian Bank was fully satisfied on 02 Nov 2017.
- Charges
A charge registered on 22 Aug 2005 via Charge ID 90302948 with Indian Bank was fully satisfied on 02 Nov 2017.
- Charges
A charge registered on 22 Aug 2005 via Charge ID 90291237 with Indian Bank was fully satisfied on 02 Nov 2017.
- Charges
A charge registered on 05 Dec 1995 via Charge ID 90300568 with Catholic Syrian Bank Ltd. was fully satisfied on 01 Nov 2017.
Frequently asked questions
What is the Incorporation or founding date of Solkar Solar Industry Limited?
Solkar Solar Industry Limited was incorporated on 29 May 1991.
What is authorized share capital and paid-up capital of Solkar Solar Industry Limited?
The authorized share capital of Solkar Solar Industry Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.95 Cr.
Who are the current board members & directors of Solkar Solar Industry Limited?
Currently 3 directors are associated with Solkar Solar Industry Limited.
- Kunavakkom Ellayavalli Raghunathan
- Manamathi Subraroyan Srinivasan
- Kunavakkom Ellayavalli Latha Raghunathan
What is the registered address of Solkar Solar Industry Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Solkar Solar Industry Limited is 37, Jayalakshmipuram I India, I St Nuagambakkam Chennai, Tamil Nadu, 600034.
What is the corporate identification number (CIN) and company number of Solkar Solar Industry Limited?
The corporate identification number (CIN) of Solkar Solar Industry Limited is U33309TN1991PLC020868 and the company number is 020868 as per Ministry of Corporate Affairs (MCA).
What is the official website of Solkar Solar Industry Limited?
The Official website of Solkar Solar Industry Limited is https://www.solkar.in
What has been the recent revenue trend for Solkar Solar Industry Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Solkar Solar Industry Limited has risen by 89.47%.
How many employees does Solkar Solar Industry Limited currently have?
As Per 2022 financial reports, 7 employees are currently employed by Solkar Solar Industry Limited.
What change has been observed in the net worth of Solkar Solar Industry Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Solkar Solar Industry Limited has experienced an upsurge of 10.35%.
When was the last Balance Sheet of Solkar Solar Industry Limited filed with the ROC?
The most recent Balance Sheet for Solkar Solar Industry Limited was filed with the ROC on 31 Mar 2024.
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