Solana Biofuels Limited

Company provides ISP services and manufactures bio diesel products for individuals, corporations, and cyber cafes.

1998 | Hyderabad, Telangana (India) | Active
Last Updated:

Solana Biofuels Profile

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 45.00 Cr
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 77.97 Cr
  • Satisfied Charges ₹ 362.39 Cr
  • Revenue Growth 510.77%
  • Profit Growth -2344.14%
  • Ebitda -881.33%
  • Net Worth -10.28%
  • Total Assets 41.11%

About Solana Biofuels

Solana Biofuels Limited (SBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 November 1998 and has a history of 26 years and five months. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532669.

The Company is engaged in the Telecom 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 75.00 Cr and a paid-up capital of Rs 45.00 Cr.

The company currently has active open charges totaling ₹77.97 Cr. The company has closed loans amounting to ₹362.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Solana Biofuels Limited India are Babu Naresh as COMPANY SECRETARY and Upadyayula Ravikanth as Cfo. Brijmohan Mandala, Rahuldev Pagidipati, Sarat Yenigalla, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72900TG1998PLC030463

  • Company No.

    030463

  • Stock Symbol

    BSE : 532669

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Telecom

What products or services does Solana Biofuels Limited offer?

Solana Biofuels Limited offers a wide range of products and services, including Biofuel, Biodiesel.

Company report

Solana Biofuels Limited

Explore comprehensive data for Solana Biofuels Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Solana Biofuels?

Executive Team (3)

NameDesignationAppointment DateStatus
Babu Naresh Company Secretary20-Apr-2024Current
Devaiah Pagidipati Country flag representing In Managing Director27-Jan-2020Current
Upadyayula Ravikanth CFO13-Nov-2020Current

Board Members (5)

NameDesignationAppointment DateStatus
Rahuldev Pagidipati Country flag representing Us Director 24-Apr-2024Current
Brijmohan Mandala Country flag representing In Director 27-Jan-2020Current
Sarat Yenigalla Country flag representing In Director 30-May-2024Current
Palakunnath Suresh Country flag representing In Director 03-Sep-2024Current
Divya Burra Country flag representing In Director 06-Nov-2020Current

Financial Performance of Solana Biofuels.

Southern Online Bio Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 510.77% increase. The company also saw a substantial fall in profitability, with a 2344.14% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.28%.

Solana Biofuels revenue growth over time
Solana Biofuels 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
510.77%
Revenue from Operations
502.95%
Total Assets
41.11%
Profit or Loss
-2344.14%
Net Worth
-10.28%
EBITDA
-881.33%

What is the Ownership and Shareholding Structure of Solana Biofuels?

In 2023, Solana Biofuels 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

₹77.97 Cr

Satisfied Charges

₹362.39 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 77.88 Cr
  • Others : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2022Hdfc Bank Limited₹77.88 CrOpen
31 Aug 2016Others₹0.94 MOpen
03 Mar 2015Bank Of India₹3.00 CrSatisfied
04 Feb 2014Punjab National Bank₹0.89 MSatisfied
29 Jun 2013Icici Bank Ltd₹1.10 MSatisfied

How Many Employees Work at Solana Biofuels?

Solana Biofuels has a workforce of 158 employees as of Apr 03, 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 Solana Biofuels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solana Biofuels, 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 Solana Biofuels'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 Solana Biofuels

Recent activity within the organization

  • Annual General Meeting

    Solana Biofuels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Palakunnath Thekkadancheri Suresh was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 7 months 11 days .

  • Director Appointment

    Sarat Yenigalla was appointed as a Director was appointed as a Director on 30 May 2024 & has been associated with this company since 10 months 15 days .

  • Charges

    A charge with Hdfc Bank Limited of Rs. 77.88 Cr registered on 29 Jun 2022 with Charge ID 100597755 was modified on 30 Apr 2024.

  • Director Appointment

    Rahuldev Pagidipati was appointed as a Director was appointed as a Director on 24 Apr 2024 & has been associated with this company since 11 months 21 days .

  • Director Appointment

    Babu Rayavarapu Naresh was appointed as a Company Secretary was appointed as a Company Secretary on 20 Apr 2024 & has been associated with this company since 11 months 25 days .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Solana Biofuels Limited?

    Solana Biofuels Limited was incorporated on 09 Nov 1998.

  • What is authorized share capital and paid-up capital of Solana Biofuels Limited?

    The authorized share capital of Solana Biofuels Limited is ₹ 75.00 Cr and paid-up capital is ₹ 45.00 Cr.

  • Who are the current board members & directors of Solana Biofuels Limited?

    Currently 8 directors are associated with Solana Biofuels Limited.

    • Babu Rayavarapu Naresh
    • Brijmohan Venkata Mandala
    • Rahuldev Pagidipati
    • Sarat Yenigalla
    • Palakunnath Thekkadancheri Suresh
    • Divya Sunitha Raj Burra
    • Devaiah Pagidipati
    • Upadyayula Uma Vighneswara Ravikanth

  • What is the registered address of Solana Biofuels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Solana Biofuels Limited is Flat A3 3Rd Floor Office Block Samrat Complex Opposite To Ag'S Office Saifabad, India, Hyderabad, Telangana, 500004.

  • What is the corporate identification number (CIN) and company number of Solana Biofuels Limited?

    The corporate identification number (CIN) of Solana Biofuels Limited is L72900TG1998PLC030463 and the company number is 030463 as per Ministry of Corporate Affairs (MCA).

  • Is Solana Biofuels Limited registered with any stock exchange in India?

    Yes, Solana Biofuels Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Solana Biofuels Limited?

    The Official website of Solana Biofuels Limited is https://www.sol.net.in

  • What has been the recent revenue trend for Solana Biofuels Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Solana Biofuels Limited has risen by 510.77%.

  • How many employees does Solana Biofuels Limited currently have?

    As Per 2023 financial reports, 158 employees are currently employed by Solana Biofuels Limited.

  • What change has been observed in the net worth of Solana Biofuels Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Solana Biofuels Limited has experienced an downturn of -10.28%.

  • What are the total open charges for Solana Biofuels Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Solana Biofuels Limited amount to ₹ 77.97 Cr.

  • When was the last Balance Sheet of Solana Biofuels Limited filed with the ROC?

    The most recent Balance Sheet for Solana Biofuels Limited was filed with the ROC on 31 Mar 2024.

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