Solvosol Paints Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 16-11-2024
- Paid Up Capital ₹ 0.39 M
as on 16-11-2024
- Company Age 31 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.37 Cr
as on 16-11-2024
- Satisfied Charges ₹ 3.17 Cr
as on 16-11-2024
- Revenue 42.59%
(FY 2023)
- Profit 50.88%
(FY 2023)
- Ebitda 48.23%
(FY 2023)
- Net Worth 13.48%
(FY 2023)
- Total Assets 4.67%
(FY 2023)
About Solvosol Paints
The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 0.39 M.
The company currently has active open charges totaling ₹4.37 Cr. The company has closed loans amounting to ₹3.17 Cr, as per Ministry of Corporate Affairs (MCA) records.
Konduri Murthy, Bhramaramba Konduri, and Konduri Saraswathi serve as directors at the Company.
- CIN/LLPIN
U24220TG1993PTC016536
- Company No.
016536
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Nov 1993
- Date of AGM
04 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- 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 Solvosol Paints?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Konduri Murthy  | Managing Director | 16-Jan-2006 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhramaramba Konduri | Director | 08-Nov-1993 | Current |
| Konduri Saraswathi | Director | 01-Apr-2019 | Current |
Financial Performance of Solvosol Paints.
Solvosol Paints Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 42.59% increase. The company also saw a substantial improvement in profitability, with a 50.88% increase in profit. The company's net worth Soared by an impressive increase of 13.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Solvosol Paints?
In 2023, Solvosol Paints had a promoter holding of 80.82% and a public holding of 19.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- A.K.D.Organics Private LimitedActive 30 years 11 months
Konduri Murthy, Bhramaramba Konduri and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 24 Sep 2015 | ₹1.85 Cr | Open |
City Union Bank Limited Creation Date: 10 Jun 2010 | ₹3.00 M | Open |
City Union Bank Limited Creation Date: 14 Aug 2008 | ₹6.00 M | Open |
How Many Employees Work at Solvosol Paints?
Solvosol Paints has a workforce of 16 employees as of Mar 21, 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 Solvosol Paints, 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 Solvosol Paints'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.
