Solution 1 Interiors (India) Private Limited

Interior decoration company with 250+ projects completed and 1200 employees.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Solution 1 Interiors (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 17 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.75 Cr
  • Satisfied Charges ₹ 1.64 Cr
  • Revenue Growth 66.49%
  • Profit Growth 70.72%
  • Ebitda 43.53%
  • Net Worth 12.69%
  • Total Assets 19.21%

About Solution 1 Interiors (India)

Solution 1 Interiors (India) Private Limited (S1IIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 September 2007 and has a history of 17 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Travel And Hospitality 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 ₹16.75 Cr. The company has closed loans amounting to ₹1.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudhakar Shetty and Santosh Shetty serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    solution1.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45309MH2007PTC173872

  • Company No.

    173872

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Sep 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

Who are the key members and board of directors at Solution 1 Interiors (India)?

Financial Performance of Solution 1 Interiors (India).

Solution 1 Interiors (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 66.49% increase. The company also saw a substantial improvement in profitability, with a 70.72% increase in profit. The company's net worth Soared by an impressive increase of 12.69%.

Graph illustrating revenue growth over time
Graph showing 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
66.49%
Revenue from Operations
67.34%
Total Assets
19.21%
Profit or Loss
70.72%
Net Worth
12.69%
EBITDA
43.53%

What is the Ownership and Shareholding Structure of Solution 1 Interiors (India)?

In 2023, Solution 1 Interiors (India) 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

₹167.45 M

Satisfied Charges

₹16.42 M

Charges Breakdown by Lending Institutions

  • Others : 16.75 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2022Others₹11.30 CrOpen
16 Jul 2020Others₹4.95 MOpen
21 Dec 2012Others₹4.95 CrOpen
30 Jan 2020Axis Bank Limited₹2.92 MSatisfied
03 Sep 2012Karnataka Bank Ltd₹8.50 MSatisfied

How Many Employees Work at Solution 1 Interiors (India)?

Solution 1 Interiors (India) has a workforce of 86 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solution 1 Interiors (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 Solution 1 Interiors (India)'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 Solution 1 Interiors (India)

Recent activity within the organization

  • Annual General Meeting

    Solution 1 Interiors (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Solution 1 Interiors (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 30 Jan 2020 via Charge ID 100320921 with Axis Bank Limited was fully satisfied on 12 Dec 2022.

    12 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 113.00 M with Charge ID 100544752 was registered on 22 Feb 2022.

    22 Feb 2022

  • Charges

    A charge with Others amounted to Rs. 4.95 M with Charge ID 100351699 was registered on 16 Jul 2020.

    16 Jul 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.92 M with Charge ID 100320921 was registered on 30 Jan 2020.

    30 Jan 2020

Frequently asked questions

  • What is the Incorporation or founding date of Solution 1 Interiors (India) Private Limited?

    Solution 1 Interiors (India) Private Limited was incorporated on 06 Sep 2007.

  • What is authorized share capital and paid-up capital of Solution 1 Interiors (India) Private Limited?

    The authorized share capital of Solution 1 Interiors (India) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Solution 1 Interiors (India) Private Limited?

    Currently 2 directors are associated with Solution 1 Interiors (India) Private Limited.

    • Sudhakar Sadanand Shetty
    • Santosh Sadanand Shetty
  • What is the registered address of Solution 1 Interiors (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Solution 1 Interiors (India) Private Limited is B-506 Shree Kedarnath Building Overipada W.E. Highway Opp. ; Gokulanand Hotel, Dahisar E India, Mumbai, Maharashtra, 400068.

  • What is the corporate identification number (CIN) and company number of Solution 1 Interiors (India) Private Limited?

    The corporate identification number (CIN) of Solution 1 Interiors (India) Private Limited is U45309MH2007PTC173872 and the company number is 173872 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Solution 1 Interiors (India) Private Limited?

    The Official website of Solution 1 Interiors (India) Private Limited is https://www.solution1.in

  • What has been the recent revenue trend for Solution 1 Interiors (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Solution 1 Interiors (India) Private Limited has risen by 66.49%.

  • How many employees does Solution 1 Interiors (India) Private Limited currently have?

    As Per 2023 financial reports, 86 employees are currently employed by Solution 1 Interiors (India) Private Limited.

  • What change has been observed in the net worth of Solution 1 Interiors (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Solution 1 Interiors (India) Private Limited has experienced an upsurge of 12.69%.

  • What are the total open charges for Solution 1 Interiors (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Solution 1 Interiors (India) Private Limited amount to ₹ 16.75 Cr.

  • When was the last Balance Sheet of Solution 1 Interiors (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Solution 1 Interiors (India) Private Limited was filed with the ROC on 31 Mar 2024.