Solmec Earthmovers Private Limited

Manufacturer and exporter of road, civil, and earthmoving equipment and parts, including asphalt and wet mix plants.

2008 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Solmec Earthmovers Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 1.20 Cr
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 1.15 Cr
  • Satisfied Charges ₹ 9.00 M
  • Revenue Growth 131.66%
  • Profit Growth -33.43%
  • Ebitda 42.34%
  • Net Worth 663.25%
  • Total Assets 192.04%

About Solmec Earthmovers

Solmec Earthmovers Private Limited (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 November 2008 and has a history of 16 years and four months. Its registered office is in Ahmedabad, Gujarat, India.

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 2019. It's a company limited by shares with an authorized capital of Rs 1.20 Cr and a paid-up capital of Rs 1.20 Cr.

The company currently has active open charges totaling ₹1.15 Cr. The company has closed loans amounting to ₹9.00 M, as per Ministry of Corporate Affairs (MCA) records.

Chandrikaben Dodia and Jaimish Dodia serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29248GJ2008PTC055350

  • Company No.

    055350

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Nov 2008

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Solmec Earthmovers?

Board Members (2)

NameDesignationAppointment DateStatus
Chandrikaben Dodia Country flag representing In Director 04-Nov-2008Current
Jaimish Dodia Country flag representing In Director 01-Aug-2013Current

Financial Performance of Solmec Earthmovers.

Solmec Earthmovers Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 131.66% increase. The company also saw a substantial fall in profitability, with a 33.43% decrease in profit. The company's net worth Soared by an impressive increase of 663.25%.

Solmec Earthmovers revenue growth over time
Solmec Earthmovers 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
131.66%
Revenue from Operations
130.54%
Total Assets
192.04%
Profit or Loss
-33.43%
Net Worth
663.25%
EBITDA
42.34%

What is the Ownership and Shareholding Structure of Solmec Earthmovers?

In 2017, Solmec Earthmovers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.15 Cr

Satisfied Charges

₹0.90 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.15 Cr

Latest Charge Details

DateLenderAmountStatus
21 Feb 2018State Bank Of India₹1.15 CrOpen
25 Jul 2015Bank Of India₹9.00 MSatisfied

How Many Employees Work at Solmec Earthmovers?

Solmec Earthmovers has a workforce of 11 employees as of Apr 08, 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 Solmec Earthmovers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solmec Earthmovers, 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 Solmec Earthmovers'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 Solmec Earthmovers

Recent activity within the organization

  • Annual General Meeting

    Solmec Earthmovers Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Solmec Earthmovers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.

  • Charges

    A charge registered on 25 Jul 2015 via Charge ID 10585908 with Bank Of India was fully satisfied on 27 Feb 2018.

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.15 Cr with Charge ID 100213442 was registered on 21 Feb 2018.

  • Charges

    A charge with Bank Of India amounted to Rs. 0.90 Cr with Charge ID 10585908 was registered on 25 Jul 2015.

  • Director Appointment

    Jaimish Dhirajlal Dodia was appointed as a Director was appointed as a Director on 01 Aug 2013 & has been associated with this company since 11 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Solmec Earthmovers Private Limited?

    Solmec Earthmovers Private Limited was incorporated on 04 Nov 2008.

  • What is authorized share capital and paid-up capital of Solmec Earthmovers Private Limited?

    The authorized share capital of Solmec Earthmovers Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.20 Cr.

  • Who are the current board members & directors of Solmec Earthmovers Private Limited?

    Currently 2 directors are associated with Solmec Earthmovers Private Limited.

    • Chandrikaben Dhirajlal Dodia
    • Jaimish Dhirajlal Dodia
  • What is the registered address of Solmec Earthmovers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Solmec Earthmovers Private Limited is Plot No 3825- Gidc Phase- Iv B/H Indo- German Toolroom, Vatva India, Ahmedabad, Gujarat, 382445.

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

    The corporate identification number (CIN) of Solmec Earthmovers Private Limited is U29248GJ2008PTC055350 and the company number is 055350 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Solmec Earthmovers Private Limited?

    The Official website of Solmec Earthmovers Private Limited is https://www.solmecearthmovers.com

  • What has been the recent revenue trend for Solmec Earthmovers Private Limited?

    According to the financial reports for the fiscal year 2016, the revenue trend for Solmec Earthmovers Private Limited has risen by 131.66%.

  • How many employees does Solmec Earthmovers Private Limited currently have?

    As Per 2016 financial reports, 11 employees are currently employed by Solmec Earthmovers Private Limited.

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

    The financial reports for the fiscal year 2016 indicates that The net worth of Solmec Earthmovers Private Limited has experienced an upsurge of 663.25%.

  • What are the total open charges for Solmec Earthmovers Private Limited?

    As per the financial statements for fiscal Year 2016, The total open charges for Solmec Earthmovers Private Limited amount to ₹ 1.15 Cr.

  • When was the last Balance Sheet of Solmec Earthmovers Private Limited filed with the ROC?

    The most recent Balance Sheet for Solmec Earthmovers Private Limited was filed with the ROC on 31 Mar 2019.

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