Solwet Marketing Private Limited

Manufactures and trades HDPE pipes and welding machines, including material handling equipment.

2013 | South Delhi, Delhi (India) | Active
Last Updated: January 31, 2025

Solwet Marketing Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 11 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.00 M
  • Revenue Growth 36.12%
  • Profit Growth 77.29%
  • Ebitda -87.08%
  • Net Worth 70.03%
  • Total Assets -6.13%

About Solwet Marketing

Solwet Marketing Private Limited (SMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 September 2013 and has a history of 11 years and five months. Its registered office is in South Delhi, Delhi, India.

The Company is engaged in the Machinery And Equipment 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹6.00 M.

Virendra Seth and Sharda Seth serve as directors at the Company.

Company Details

  • Location

    South Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    solwet.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2013PTC257114

  • Company No.

    257114

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Sep 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Solwet Marketing Private Limited offer?

Solwet Marketing Private Limited offers a wide range of products and services, including Machines & Equipments, Pipe Making Machinery, Cutting Tools & Milling Cutter, Cutting Tools, Welding Equipments & Machinery, Plastic Welding Machine, Hydraulic & Pneumatic Machines, Hydraulic Bending Machine, PVC, CPVC, HDPE Water Pipe Fittings, PE Pipe Fitting.

Who are the key members and board of directors at Solwet Marketing?

Board Members (2)

NameDesignationAppointment DateStatus
Virendra Seth Country flag representing In Director 02-Sep-2013Current
Sharda Seth Country flag representing In Director 29-Sep-2017Current

Financial Performance of Solwet Marketing.

Solwet Marketing Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.12% increase. The company also saw a substantial improvement in profitability, with a 77.29% increase in profit. The company's net worth Soared by an impressive increase of 70.03%.

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
36.12%
Revenue from Operations
36.33%
Total Assets
-6.13%
Profit or Loss
77.29%
Net Worth
70.03%
EBITDA
-87.08%

What is the Ownership and Shareholding Structure of Solwet Marketing?

In 2023, Solwet Marketing had a promoter holding of 67.00% and a public holding of 33.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
07 Nov 2023Others₹6.00 MOpen

How Many Employees Work at Solwet Marketing?

Unlock and access historical data on people associated with Solwet Marketing, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solwet Marketing, 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 Solwet Marketing'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 Solwet Marketing

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 6.00 M with Charge ID 100849178 was registered on 07 Nov 2023.

    07 Nov 2023

  • Annual General Meeting

    Solwet Marketing Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Solwet Marketing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Sharda Seth was appointed as a Director was appointed as a Director on 29 Sep 2017 & has been associated with this company since 7 years 4 months .

    29 Sep 2017

  • Director Appointment

    Virendra Seth was appointed as a Director was appointed as a Director on 02 Sep 2013 & has been associated with this company since 11 years 5 months .

    02 Sep 2013

  • Company Incorporation

    Solwet Marketing Private Limited was registered on 02 Sep 2013 with Roc Delhi & aged 11 years 5 months as per MCA records.

    02 Sep 2013

Frequently asked questions

  • Solwet Marketing Private Limited was incorporated on 02 Sep 2013.

  • The authorized share capital of Solwet Marketing Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Solwet Marketing Private Limited.

    • Virendra Seth
    • Sharda Seth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solwet Marketing Private Limited is K-44B, Lower Ground Floor Kalkaji India, New Delhi, 110019.

  • The corporate identification number (CIN) of Solwet Marketing Private Limited is U74999DL2013PTC257114 and the company number is 257114 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solwet Marketing Private Limited is https://www.solwet.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solwet Marketing Private Limited has risen by 36.12%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solwet Marketing Private Limited has experienced an upsurge of 70.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Solwet Marketing Private Limited amount to ₹ 6.00 M.

  • The most recent Balance Sheet for Solwet Marketing Private Limited was filed with the ROC on 31 Mar 2023.

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