Solon India Profile
Key Indicators
- Authorised Capital ₹ 13.50 Cr
as on 16-11-2024
- Paid Up Capital ₹ 13.10 Cr
as on 16-11-2024
- Company Age 13 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 55.00 Cr
as on 16-11-2024
- Revenue -55.78%
(FY 2023)
- Profit -69.02%
(FY 2023)
- Ebitda -79.58%
(FY 2023)
- Net Worth 24.39%
(FY 2023)
- Total Assets -34.32%
(FY 2023)
About Solon 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 2023. It's a company limited by shares with an authorized capital of Rs 13.50 Cr and a paid-up capital of Rs 13.10 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.
- CIN/LLPIN
U31100TG2011PTC074802
- Company No.
074802
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Jun 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
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 | 02-Jun-2011 | Current |
| Haritha Potluri | Director | 27-Apr-2023 | Current |
Financial Performance and Corporate Structure Insights of Solon India.
Solon India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 55.78% decrease. The company also saw a substantial fall in profitability, with a 69.02% decrease in profit. The company's net worth Soared by an impressive increase of 24.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Solon India?
In 2023, Solon India had a promoter holding of 86.39% and a public holding of 13.61%. 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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Jul 2024 | ₹30.00 Cr | Open |
Axis Bank Limited Creation Date: 06 Dec 2021 | ₹25.00 Cr | Open |
How Many Employees Work at Solon India?
Solon India has a workforce of 99 employees as of Mar 31, 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 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.
