Soloman Industries Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 2.42 Cr
- Company Age 36 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 17.13 Cr
- Satisfied Charges ₹ 38.71 Cr
- Revenue Growth -93.76%
- Profit Growth 52.04%
- Ebitda 89.70%
- Net Worth -0.64%
- Total Assets -0.72%
About Soloman Industries
Soloman Industries Private Limited (SIPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 November 1988 and has a history of 36 years and two months. Its registered office is in Delhi, India.
The Corporate was formerly known as Soloman Industries Limited. The Company is engaged in the Fashion And Textile 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 2.42 Cr.
The company currently has active open charges totaling ₹17.13 Cr. The company has closed loans amounting to ₹38.71 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sat Katyal, Raj Harjai, Om Parkash, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U25207DL1988PTC034025
- Company No.
034025
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Nov 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Soloman Industries?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sat Katyal  | Director | 01-Apr-1991 | Current |
| Raj Harjai | Director | 13-Jan-2021 | Current |
| Om Parkash | Director | 12-Oct-2018 | Current |
| Surender Harjai | Director | 12-Oct-2018 | Current |
Financial Performance of Soloman Industries.
Soloman Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 93.76% decrease. The company also saw a substantial improvement in profitability, with a 52.04% increase in profit. The company's net worth dipped by a decrease of 0.64%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Soloman Industries?
In 2023, Soloman Industries had a promoter holding of 99.17% and a public holding of 0.83%. 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)
Soloman Engineers Private LimitedRaj Harjai, Om Parkash and 1 more are mutual person
- Chopra Motors Private Limited
Raj Harjai and Surender Harjai are mutual person
- Progressive Needles Private Limited
Raj Harjai is a mutual person
- Soloman Machines Private Limited
Om Parkash is a mutual person
- Bling Couture Private Limited
Om Parkash is a mutual person
Charges (Loans)
₹17.13 Cr
₹38.71 Cr
Charges Breakdown by Lending Institutions
- State Bank Of Patiala : 16.96 Cr
- State Bank Of India : 0.17 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 May 2008 | State Bank Of Patiala | ₹8.48 Cr | Open |
| 19 May 2008 | State Bank Of Patiala | ₹8.48 Cr | Open |
| 16 Jun 1995 | State Bank Of India | ₹1.67 M | Open |
| 01 Aug 2007 | Hdfc Bank Limited | ₹15.00 Cr | Satisfied |
| 07 Jul 2005 | State Bank Of Patiala | ₹5.00 M | Satisfied |
How Many Employees Work at Soloman Industries?
Unlock and access historical data on people associated with Soloman Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Soloman Industries, 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 Soloman Industries'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.
