Solon India Profile
Key Indicators
- Authorised Capital ₹ 13.50 Cr
- Paid Up Capital ₹ 7.60 Cr
- Company Age 13 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 55.00 Cr
- Revenue Growth 236.13%
- Profit Growth 471.30%
- Ebitda 958.00%
- Net Worth 19.49%
- Total Assets 53.15%
About Solon India
Solon India Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 June 2011 and has a history of 13 years and eight months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Microsol India Private Limited. 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 13.50 Cr and a paid-up capital of Rs 7.60 Cr.
The company currently has active open charges totaling ₹55.00 Cr.
The Key Managerial Personnel (KMP) at Solon India Private Limited India is Sagar Pandit as COMPANY SECRETARY. Kiran Satyasai and Haritha Potluri serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31100TG2011PTC074802
- Company No.
074802
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Jun 2011
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Solon India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sagar Pandit | Company Secretary | 10-Jul-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kiran Satyasai  | Director | 29-May-2019 | Current |
| Haritha Potluri | Director | 27-Apr-2023 | Current |
Financial Performance of Solon India.
Solon India Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 236.13% increase. The company also saw a substantial improvement in profitability, with a 471.3% increase in profit. The company's net worth Soared by an impressive increase of 19.49%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Solon India?
In 2024, Solon India had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
_PRIVATE_LIMITED.webp)
Dxn Manufacturing (India) Private LimitedSagar Pandit is a mutual person
Tkm Health Care LlpKiran Satyasai is a mutual person
- Cylosiya Private Limited
Kiran Satyasai is a mutual person
- Capsol Renewables Private Limited
Kiran Satyasai is a mutual person
- Capsol Green Energy Private Limited
Kiran Satyasai is a mutual person
- Capsol Sunshine Private Limited
Kiran Satyasai is a mutual person
Charges (Loans)
₹55.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 30.00 Cr
- Axis Bank Limited : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2024 | Others | ₹30.00 Cr | Open |
| 06 Dec 2021 | Axis Bank Limited | ₹25.00 Cr | Open |
How Many Employees Work at Solon India?
Solon India has a workforce of 118 employees as of Jan 13, 2025. 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 Solon India, 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 Solon India'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.
