Solus Security Systems Private Limited

Manufacturer of access control systems and security solutions for various industries, with branches across India.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated:

Solus Security Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.03 Cr
  • Satisfied Charges ₹ 10.17 Cr
  • Revenue Growth 24.07%
  • Profit Growth 31.40%
  • Ebitda 12.83%
  • Net Worth -29.76%
  • Total Assets -18.12%

About Solus Security Systems

Solus Security Systems Private Limited (SSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 July 2006 and has a history of 18 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Business Services 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹25.03 Cr. The company has closed loans amounting to ₹10.17 Cr, as per Ministry of Corporate Affairs (MCA) records.

Natesh Balakrishna, Stephen Bewick, Roman Uehli, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2006PTC163023

  • Company No.

    163023

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jul 2006

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Services
Information Technology

What products or services does Solus Security Systems Private Limited offer?

Solus Security Systems Private Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Project Management, Business Planning and Management, Business Consultant, Time Attendance Systems, Biometric Attendance System, Corporate Finance & Leasing Advisors, Financial Service, Access Control Reader, Card Readers.

Company report

Solus Security Systems Private Limited

Explore comprehensive data for Solus Security Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Solus Security Systems?

Board Members (5)

NameDesignationAppointment DateStatus
Sridhar Venkatasubramanian Country flag representing In Director 17-Feb-2022Current
Natesh Balakrishna Country flag representing In Director 15-Jul-2021Current
Stephen Bewick Country flag representing Ch Director 26-Jul-2023Current
Roman Uehli Country flag representing Ch Director 31-Oct-2022Current
Patrick Grawehr Country flag representing Ch Director 15-Jul-2021Current

Financial Performance of Solus Security Systems.

Solus Security Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.07% increase. The company also saw a substantial improvement in profitability, with a 31.4% increase in profit. The company's net worth observed a substantial decline by a decrease of 29.76%.

Solus Security Systems revenue growth over time
Solus Security Systems 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
24.07%
Revenue from Operations
25.61%
Total Assets
-18.12%
Profit or Loss
31.40%
Net Worth
-29.76%
EBITDA
12.83%

What is the Ownership and Shareholding Structure of Solus Security Systems?

In 2023, Solus Security Systems had a public 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

₹250.33 M

Satisfied Charges

₹101.68 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 23.92 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 1.00 Cr
  • First Leasing Company Of India Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
19 Apr 2023The Hongkong And Shanghai Banking Corporation Limited₹1.00 CrOpen
24 Sep 2019Hdfc Bank Limited₹23.92 CrOpen
02 Mar 2012First Leasing Company Of India Limited₹1.12 MOpen
29 Mar 2017Others₹3.83 MSatisfied
10 Feb 2017Hdfc Bank Limited₹4.00 CrSatisfied

How Many Employees Work at Solus Security Systems?

Solus Security Systems has a workforce of 115 employees as of Apr 07, 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 Solus Security Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solus Security Systems, 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 Solus Security Systems'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 Solus Security Systems

Recent activity within the organization

  • Annual General Meeting

    Solus Security Systems Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Solus Security Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Stephen Alfred Bewick was appointed as a Director was appointed as a Director on 26 Jul 2023 & has been associated with this company since 1 year 9 months .

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 10.00 M with Charge ID 100716997 was registered on 19 Apr 2023.

  • Director Appointment

    Roman Uehli was appointed as a Director was appointed as a Director on 31 Oct 2022 & has been associated with this company since 2 years 5 months .

  • Director Appointment

    Sridhar Venkatasubramanian was appointed as a Director was appointed as a Director on 17 Feb 2022 & has been associated with this company since 3 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Solus Security Systems Private Limited?

    Solus Security Systems Private Limited was incorporated on 10 Jul 2006.

  • What is authorized share capital and paid-up capital of Solus Security Systems Private Limited?

    The authorized share capital of Solus Security Systems Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Solus Security Systems Private Limited?

    Currently 5 directors are associated with Solus Security Systems Private Limited.

    • Natesh Balakrishna
    • Stephen Alfred Bewick
    • Roman Uehli
    • Sridhar Venkatasubramanian
    • Patrick Arthur Grawehr

  • What is the registered address of Solus Security Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Solus Security Systems Private Limited is Gala No. 202 Shivam Chambers Next To Sahara S V Road, Goregaon (West) India, Mumbai, Maharashtra, 400104.

  • What is the corporate identification number (CIN) and company number of Solus Security Systems Private Limited?

    The corporate identification number (CIN) of Solus Security Systems Private Limited is U72900MH2006PTC163023 and the company number is 163023 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Solus Security Systems Private Limited?

    The Official website of Solus Security Systems Private Limited is https://www.solus.co.in

  • What has been the recent revenue trend for Solus Security Systems Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Solus Security Systems Private Limited has risen by 24.07%.

  • How many employees does Solus Security Systems Private Limited currently have?

    As Per 2023 financial reports, 115 employees are currently employed by Solus Security Systems Private Limited.

  • What change has been observed in the net worth of Solus Security Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Solus Security Systems Private Limited has experienced an downturn of -29.76%.

  • What are the total open charges for Solus Security Systems Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Solus Security Systems Private Limited amount to ₹ 25.03 Cr.

  • When was the last Balance Sheet of Solus Security Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Solus Security Systems Private Limited was filed with the ROC on 31 Mar 2024.

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