SOLAR INDUSTRIES INDIA LIMITED

Active

SOLAR INDUSTRIES INDIA LIMITED having CIN L74999MH1995PLC085878 is 30 years , 3 month & 14 days old Public Indian Company incorporated on 24 Feb 1995. It is classified as Non-government company and is registered at ROC Mumbai. Its authorized share capital is Rs. 270,000,000 and its paid up capital is Rs. 180,980,110. It's NIC code is 74999 (which is part of its CIN).

As per the NIC code, it is involved in Other Business Activities N.E.C. . SOLAR INDUSTRIES INDIA LIMITED Annual General Meeting (AGM) was last held on N/A and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 06-21-2023. Directors of SOLAR INDUSTRIES INDIA LIMITED are Jagdish Chandra Belwal and Manish Satyanarayan Nuwal.

SOLAR INDUSTRIES INDIA LIMITED ' Corporate Identification Number (CIN) is L74999MH1995PLC085878 and its registration number is 085878. Users may contact SOLAR INDUSTRIES INDIA LIMITED on its Email address - cs@solargroup.com Registered address of SOLAR INDUSTRIES INDIA LIMITED is SolarHouse14,Kachimet,AmravatiRoad,Nagpur,Maharashtra,India-440023. Current status of SOLAR INDUSTRIES INDIA LIMITED is - Active.

Key Indicators

Authorised Capital

270,000,000

as on 07/06/2025

Paid Up Capital

180,980,110

as on 07/06/2025

Company Age

30 Year, 3 Months

Last Filing with ROC

1 Year, 11 Months

CIN	L74999MH1995PLC085878
Company Status	Active
Registration Number	085878
Date of Incorporation	02/24/1995
RoC	ROC Mumbai
Company Age	30 years & 111 days
Authorized Capital	₹ 270000000
Paid-up capital	₹ 180980110
Company Category	Company limited by shares
Company Sub-Category	Non-government company
Class of company	Public
Activity	Other Business Activities N.E.C.
Listing status	listed
Date of Last Annual General Meeting	31-03-2023
Date of Latest Balance Sheet	31-03-2023

Contact

Email ID	cs@solargroup.com
Address	11, ZADE LAYOUT, BHARAT NAGAR NAGPUR Maharashtra India 440033
Website	solargroup.com
Contact Number	+91*******

Location on Map

Director

Designation	Name	Date OF Appointment	DIN	PAN	Tenure
Director	AMRENDRA PRASAD VERMA	08/26/2023	00236108	*****8215D	1 years
Director	AJAI GOVINDPRASAD NIGAM	08/23/2010	02820173	*****8290R	14 years
Director	MILIND BHALCHANDRA DESHMUKH	02/21/2023	09256690	*****5275H	2 years
Director	SUJITHA KARNAD	03/18/2023	07787485		2 years
Director	NATRAJAN RAMKRISHNA	03/31/2023	06597041	*****6837H	2 years
Director	SATYANARAYAN N NUWAL	05/25/2023	00713547		2 years
Director	SHALINEE MANISH MANDHANA	05/27/2021	09284290	*****6494K	4 years
Director	SURESH MENON	02/16/2023	07104090		2 years
Director	MANISH SATYANARAYAN NUWAL	05/26/2023	00164388		2 years
Director	DILIP KESHAVLAL PATEL	08/08/2023	00013150	*****8236D	1 years
Director	JAGDISH CHANDRA BELWAL	04/27/2023	08644877	*****2984R	2 years
Director	DINESH KUMAR BATRA	04/10/2024	08773363	*****7936L	1 years
Director	RASHMI PRASAD	10/05/2023	10329445	*****1354M	1 years

Companies connected through Directors

Name	Status	Paid Up Capital	Common Directors	Address
MSN HOLDINGS LIMITED	Active	45,00,00,000.00	1	Maharashtra
ELECTROSTEEL CASTINGS LTD	Active	61,81,84,591.00	2	Odisha (Orissa)
VASTU FINSERVE INDIA PRIVATE LIMITED	Active	1,48,54,71,110.00	1	Maharashtra
ECONOMIC EXPLOSIVES LIMITED	Active	4,80,00,000.00	1	Maharashtra
VASTU HOUSING FINANCE CORPORATION LIMITED	Active	6,89,27,69,400.00	2	Maharashtra
SOLAR MINING RESOURCES LIMITED	Amalgamated	5,00,000.00	2	Maharashtra
SOLAR INDUSTRIES LIMITED	Amalgamated	75,00,000.00	2	Maharashtra
SOLAR COMPONENTS PRIVATE LIMITED	Amalgamated	82,00,000.00	2	Maharashtra
SOLAR CAPITALS LIMITED	Amalgamated	6,00,00,000.00	2	Maharashtra
RCOEM TECHNOLOGY BUSINESS INCUBATORS FOUNDATION	Active	0.00	2	Maharashtra
SOLAR AVIONICS LIMITED	Active	5,00,000.00	2	Maharashtra
MSN GLOBAL VENTURES LIMITED	Active	5,00,000.00	2	Maharashtra
SOLAR MINES & MINERALS LIMITED	Amalgamated	5,00,000.00	2	Maharashtra
RAJASTHAN EXPLOSIVES AND CHEMICALS LIMITED	Amalgamated	59,74,19,150.00	1	Maharashtra
MINEX METALLURGICAL COMPANY LIMITED	Active	11,50,43,760.00	2	Maharashtra
FLOCKNGO INDIA PRIVATE LIMITED	Active	1,00,000.00	1
POM AND GO PRIVATE LIMITED	Active	1,00,000.00	2	Maharashtra
SOM DISTILLERIES BREWERIES & WINERIES LIMITED	Active	38,99,76,865.00	1	Delhi

Charges on assets

Others

No. of Loans: 1

Total Amount: 12,907,000,000.00 cr

Citicorp Finance ( India) Ltd.

No. of Loans: 4

Total Amount: 3,579,706.00 cr

State Bank of India

No. of Loans: 1

Total Amount: 500,000,000.00 cr

BANK OF INDIA

No. of Loans: 2

Total Amount: 1,770,000,000.00 cr

Citicorp Finance ( India ) Ltd.

No. of Loans: 9

Total Amount: 7,687,431.00 cr

Citicorp.Finance ( India ) Ltd.

No. of Loans: 1

Total Amount: 312,000.00 cr

Citicorp Finance (India) Ltd.

No. of Loans: 3

Total Amount: 3,085,292.00 cr

CITICORP FINANCE (INDIA) LIMITED

No. of Loans: 1

Total Amount: 18,200,000.00 cr

CITICORP FINANCE (INDIA) LTD

No. of Loans: 1

Total Amount: 8,286,710.00 cr

CITIBANK N.A.

No. of Loans: 11

Total Amount: 8,818,000.00 cr

SICOM LTD.

No. of Loans: 3

Total Amount: 168,000,000.00 cr

SICOM LIMITED

No. of Loans: 1

Total Amount: 28,000,000.00 cr

CITICORP FINANCE (INDIA) LTD.

No. of Loans: 6

Total Amount: 4,769,360.00 cr

CITI CORP FINANCE (INDIA) LTD.

No. of Loans: 3

Total Amount: 1,596,790.00 cr

STATE BANK OF INDIA

No. of Loans: 7

Total Amount: 1,258,400,000.00 cr

Charge Holder	Branch	Amount	Date of creation	Modification	Satisfaction	Status
Others		12,907,000,000	01 Sep, 2010	19 Jun, 2024	-	Open
Citicorp Finance ( India) Ltd.	Ramdaspeth	871,426	30 May, 2003	-	13 Jan, 2010	Closed
State Bank of India	NAGPUR	500,000,000	12 Jan, 2017	-	08 Aug, 2018	Closed
BANK OF INDIA	S.V.PATEL MARG,	900,000,000	17 Jan, 2004	12 Aug, 2008	24 Sep, 2010	Closed
Citicorp Finance ( India ) Ltd.	Ramdaspeth	312,000	26 Nov, 2002	-	13 Jan, 2010	Closed
Citicorp.Finance ( India ) Ltd.	Ramdaspeth	312,000	26 Nov, 2002	-	13 Jan, 2010	Closed
Citicorp Finance ( India ) Ltd.	Ramdaspeth	1,658,941	20 Aug, 2002	-	13 Jan, 2010	Closed
Citicorp Finance (India) Ltd.	148, Ramdaspeth	819,092	01 Jun, 2002	-	21 Jul, 2010	Closed
Citicorp Finance ( India ) Ltd.	Ramdaspeth	917,280	13 Sep, 2002	-	13 Jan, 2010	Closed
BANK OF INDIA	S.V.PATEL MARG,	870,000,000	10 Jan, 2003	12 Aug, 2008	24 Sep, 2010	Closed
CITICORP FINANCE (INDIA) LIMITED	61, DR. S. S. RAO ROAD, PAREL	18,200,000	03 May, 2006	-	02 Jun, 2010	Closed
CITICORP FINANCE (INDIA) LTD	Civil Lines	8,286,710	25 Apr, 2006	-	02 Jun, 2010	Closed
CITIBANK N.A.	RAJ BHAWAN ROAD,SOMALIGUDA	868,000	18 Sep, 2003	-	21 Apr, 2010	Closed
SICOM LTD.	NARIMAN POINT	90,000,000	20 Mar, 2002	-	09 Sep, 2010	Closed
SICOM LIMITED	NARIMAN POINT	28,000,000	10 Mar, 1999	-	09 Sep, 2010	Closed
CITICORP FINANCE (INDIA) LTD.	RAMDESPETH	403,000	27 Dec, 2002	-	05 Jul, 2010	Closed
CITI CORP FINANCE (INDIA) LTD.	148; RAMDASPETH	819,092	01 Jun, 2002	-	13 Jan, 2010	Closed
STATE BANK OF INDIA		9,000,000	25 Apr, 1997	13 Aug, 2002	24 Sep, 2010	Closed
STATE BANK OF INDIA	5, SAI COMPLEX, BHARAT NAGAR, AMRAVATI ROAD,	600,700,000	17 Nov, 2003	08 Sep, 2008	24 Sep, 2010	Closed
CITICORP FINANCE (INDIA) LTD.	RAMDASPETH	403,000	27 Dec, 2002	-	05 Jul, 2010	Closed
CITICORP FINANCE (INDIA) LTD.	RAMDESPETH	524,200	07 Dec, 2002	-	21 Jul, 2010	Closed
CITI CORP FINANCE (INDIA) LTD.	RAMDASPETH	345,900	26 Nov, 2002	-	05 Jul, 2010	Closed
STATE BANK OF INDIA		10,000,000	21 Mar, 1997	-	24 Sep, 2010	Closed
STATE BANK OF INDIA		9,000,000	25 Apr, 1997	09 Feb, 1999	24 Sep, 2010	Closed
SICOM LTD.	NARIMAN POINT	28,000,000	10 Mar, 1999	13 Oct, 1999	09 Sep, 2010	Closed
CITIBANK N.A.	RAJ BHAWAN ROAD, SOMALIGUDA	487,000	01 Oct, 2003	-	17 Sep, 2010	Closed
CITIBANK N.A.	RAJ BHAWAN ROAD, SOMALIGUDA	487,000	01 Oct, 2003	-	13 Aug, 2010	Closed
CITIBANK N.A.	RAJ BHAWAN ROAD, SOMALIGUDA	1,861,000	27 Sep, 2003	-	21 Apr, 2010	Closed
CITIBANK N.A.	RAJ BHAWAN ROAD, SOMALIGUDA	868,000	23 Sep, 2003	-	21 Apr, 2010	Closed
CITIBANK N.A.	RAJ BHAWAN ROAD, SOMALIGUDA	1,050,000	23 Sep, 2003	-	21 Apr, 2010	Closed
Citicorp Finance ( India ) Ltd.	Ramdaspeth	871,426	30 May, 2003	-	13 Jan, 2010	Closed
Citicorp Finance ( India ) Ltd.	148, Ramdaspeth	819,092	01 Jun, 2002	-	13 Jan, 2010	Closed
Citicorp Finance ( India ) Ltd.	148, Ramdaspeth	613,000	30 May, 2002	-	13 Jan, 2010	Closed
Citicorp Finance (India) Ltd.	III Floor, Ravindranath Tagore Marg, Civil Lines	522,200	11 Sep, 2003	-	17 Jan, 2010	Closed
Citicorp Finance ( India) Ltd.	148, Ramdaspeth	917,280	07 May, 2002	-	13 Jan, 2010	Closed
CITICORP FINANCE (INDIA) LTD.	148, RAMDASPETH	2,045,160	31 Jan, 2002	-	30 Aug, 2010	Closed
CITI CORP FINANCE (INDIA) LTD.	148; RAMDASPETH	431,798	30 Mar, 2002	-	05 Jul, 2010	Closed
Citicorp Finance ( India ) Ltd.	Ramdaspeth	1,154,400	23 Oct, 2002	-	13 Jan, 2010	Closed
CITIBANK N.A.	RAJ BHAWAN ROAD, SOMALIGUDA	868,000	23 Sep, 2003	-	21 Apr, 2010	Closed
SICOM LTD.	NARIMAN POINT	50,000,000	13 Nov, 2002	-	09 Dec, 2003	Closed
CITICORP FINANCE (INDIA) LTD.	148, RAMDASPETH	364,000	27 Dec, 2002	-	21 Jul, 2010	Closed
CITICORP FINANCE (INDIA) LTD.	148, RAMDASPETH	1,030,000	13 Mar, 2002	-	29 Apr, 2010	Closed
STATE BANK OF INDIA		9,000,000	25 Apr, 1997	-	24 Sep, 2010	Closed
Citicorp Finance (India) Ltd.	148, Ramdaspeth	1,744,000	10 Jun, 2002	-	17 Jan, 2010	Closed
CITIBANK N.A.	RAJ BHAWAN ROAD, SOMALIGUDA	487,000	01 Oct, 2003	-	21 Apr, 2010	Closed
CITIBANK N.A.	RAJ BHAWAN ROAD, SOMALIGUDA	487,000	01 Oct, 2003	-	13 Aug, 2010	Closed
Citicorp Finance ( India) Ltd.	148, Ramdaspeth	1,170,000	01 Apr, 2002	-	13 Jan, 2010	Closed
STATE BANK OF INDIA	5, SAI COMPLEX, BHARAT NAGAR, AMRAVATI ROAD,	600,700,000	29 Aug, 2002	09 Sep, 2008	24 Sep, 2010	Closed
Citicorp Finance ( India) Ltd.	148, Ramdaspeth	621,000	30 Apr, 2002	-	13 Jan, 2010	Closed
CITIBANK N.A.	RAJ BHAWAN ROAD, SOMALIGUDA	487,000	01 Oct, 2003	-	21 Apr, 2010	Closed
Citicorp Finance ( India ) Ltd.	148, Ramdaspeth	819,092	01 Jun, 2002	-	13 Jan, 2010	Closed
STATE BANK OF INDIA		20,000,000	15 Jul, 1999	02 Sep, 2002	24 Sep, 2010	Closed
Citicorp Finance ( India ) Ltd.	Ravindranath Tagore Marg, Civil Lines	522,200	11 Sep, 2003	-	13 Jan, 2010	Closed
CITIBANK N.A.	RAJ BHAWAN ROAD, SOMALIGUDA	868,000	23 Sep, 2003	-	21 Apr, 2010	Closed

Registered Details

CIN

L74999MH1995PLC085878

PAN

L74999MH1995PLC085878

Incorporation

1 years , 8 month

Company Email

cs@solargroup.com

Paid up Capital

₹ 180,980,110

Authorised Capital

₹ 270,000,000

Type

Public Non-government company

* There is the date provided by MCA, but availability for this year is not guaranteed.

Industry

Other Business Activities N.E.C.

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales

9.29%

₹ 140,987.4

EBITDA

29%

₹ 135,987.4

Net Profit

29%

₹ 135,987.4

Networth

29%

₹ 135,987.4

Borrowings

9.29%

₹ 140,987.4

Assets

9.29%

₹ 140,987.4

Gross Margin

9.29%

₹ 140,987.4

Operating Margin

29%

₹ 135,987.4

Net Profit Margin

29%

₹ 135,987.4

Return on Equity

29%

₹ 135,987.4

ROCE

9.29%

₹ 140,987.4

Debt to Equity

9.29%

₹ 140,987.4

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales
Operating profit
Net profit
Gross margin
Operating margin
Net margin
Networth
Borrowings
Assets
Debt to equity
Current ratio
ROE
Days payable
WC days

Balance Sheet

**** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
EQUITY AND LIABILITIES
(1) Shareholders‘ funds +
(a) Share capita
(b) Reserves and surplus
(c) Money received against share warrants
(2) Share application money pending allotment
(3) Non-current liabilities +
(a) Long-term borrowings
(b) Deferred tax liabilities (Net)
(c) Other Long-term liabilities
(d) Long-term provisions
(4) Current liabilities +
(a) Short-term borrowings
(b) Trade payables
(A) total outstanding dues of micro enterprises and small enterprises; and
(B) total outstanding dues of creditors other than micro enterprises and small enterprises.
(c) Other current liabilities
(d) Short-term provisions
Total
ASSETS
Non-current assets +
(a) [Property, Plant and Equipment]
(i) Tangible assets
(ii) Intangible assets
(iii)Capital work-in-progress
(iv) Intangible assets under development
(b) Non-current investments
(c) Deferred tax assets (net)
(d) Long-term loans and advances
(e) Other non-current assets
(2) Current assets +
(a) Current investments
(b) Inventories
(c) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) Other current assets
Total assets

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
EQUITY AND LIABILITIES
(1) Shareholders‘ funds +
(a) Share capita
(b) Reserves and surplus
(c) Money received against share warrants
(2) Share application money pending allotment
(3) Non-current liabilities +
(a) Long-term borrowings
(b) Deferred tax liabilities (Net)
(c) Other Long-term liabilities
(d) Long-term provisions
(4) Current liabilities +
(a) Short-term borrowings
(b) Trade payables
(A) total outstanding dues of micro enterprises and small enterprises; and
(B) total outstanding dues of creditors other than micro enterprises and small enterprises.
(c) Other current liabilities
(d) Short-term provisions
Total
ASSETS
Non-current assets +
(a) [Property, Plant and Equipment]
(i) Tangible assets
(ii) Intangible assets
(iii)Capital work-in-progress
(iv) Intangible assets under development
(b) Non-current investments
(c) Deferred tax assets (net)
(d) Long-term loans and advances
(e) Other non-current assets
(2) Current assets +
(a) Current investments
(b) Inventories
(c) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) Other current assets
Total assets

Profit & Loss

**** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
I.Revenue from operations
II. Other income
III.Total Revenue (I + II)
IV.Expenses +
(1)Cost of materials consumed
(2)Purchases of Stock-in-Trade
(3)Changes in inventories of finished goods work-in-progress and
(4)Stock-in-Trade
(5)Employee benefits expense
(6)Finance costs
(7)Depreciation and amortisation expense
(8)Other expenses
(9)Total expenses
VProfit before exceptional and extraordinary items and tax (III - IV)
VIExceptional items
VII.Profit before extraordinary items and tax (V - VI)
VIII.Extraordinary items
IX.Profit before tax (VII- VIII)
X. Tax expense: +
(1)Current tax
(2)Deferred tax
XI.Profit (Loss) for the period from continuing operations (VII-VIII)
XII.Profit/(loss) from discontinuing operations
XIII.Tax expense of discontinuing operations
XIV.Profit/(loss) from Discontinuing operations (after tax) (XII-XIII)
XV.Profit (Loss) for the period (XI + XIV)
XVI.Earnings per equity share: +
(1) Basic
(2)Diluted

Precentage of total incomex
Sales +
Sales growth %
Expenses +
Cost of services
Employee benefits expense
Other costs
Operating profit +
Operating margin %
Other income
Interest
Depreciation
Exceptional items
Profit before tax
Tax
Profit - disc. ops
Net profit
Net margin %

Ratio

** All numbers in INR crores


Solvency +
Total Debt/Equity
Net Debt/Equity
Total Debt/Assets
Total Assets/Equity
Liquidity +
Current Ratio
Quick Ratio
Interest Coverage
Performance
Gross Margin
Operating Margin
Net Margin
Return +
Return on Equity
Pre-tax ROCE
Return on Assets
Pre-tax ROIC
Efficiency +
Days Payable
Days Inventory
Days Receivable
Fixed Asset Turnover
Total Asset Turnover
Working Capital
Cash Conversion Cycle
Working Capital Days

Subsidiaries, Associate Companies & Join Ventures of Solar Industries India Limited

Company Identifier	Name	Percentage of Shares Held

Fund Raising Activity of Solar Industries India Limited

Date of Allotment	Securities Alloted	Terms	Number of Securities	Nominal Amount	Premium Amount Due & Payable	Premium Amount Paid	Total Discount	Amount to be Paid on Calls (Excluding Premium)	Attachments

Board Meetings of Solar Industries India Limited

Date of Filing	Date of Dispatch of Notice	Date of Passing Resolution	Section (Companies Act 2013)	Section (Companies Act 1956)	Subject Matter of Resolution	Resolution Agreed By	Resolution Type	Additional Documents

Auditors of Solar Industries India Limited

Financial Year	Name of Auditor or Firm	PAN of Auditor or Firm	Membership Number / Registration Number	Name of Auditor Signing Report	Membership Number of Auditor Signing Report

Outstanding Payments to Micro & Small Enterprises

Filing Type	As On	Amount Due to MSME	Current Liabilities	Ratio to Current Liabilities	Reasons for Delay

Investor Complaints & Serious Complaints About Solar Industries India Limited

Director Complain

Date	DIN	Cessation Date	Cessation Reason	Complaint

Serious Complaints

Date	Complaint	Other

Investor Complaints & Other Complaints

Date	Complaint Type	Complaint Sub Type	Particulars of Secutiries	Period	Complaint	Other Details

Prosecution Details of Solar Industries India Limited

S.No.	Defaulting Entities	Court Name	Prosecution Section	Date of Order	Status

FAQs- Solar Industries India Limited

What is SOLAR INDUSTRIES INDIA LIMITED ?

SOLAR INDUSTRIES INDIA LIMITED having CIN L74999MH1995PLC085878 is 1 years , 8 month old Public Indian Company incorporated with MCA on 05 Oct 2023. SOLAR INDUSTRIES INDIA LIMITED is listed in the class of Public Indian Company and classified as Non-government company. This company is registered at Registrar of Companies(ROC), ROC Mumbai with an Authorized Share Capital of 270,000,000 and paid-up capital is 180,980,110.

What is the CIN of SOLAR INDUSTRIES INDIA LIMITED?

CIN of SOLAR INDUSTRIES INDIA LIMITED is L74999MH1995PLC085878.

Where is SOLAR INDUSTRIES INDIA LIMITED located?

Address of SOLAR INDUSTRIES INDIA LIMITED is Solarhouse14,kachimet,amravatiroad,nagpur,maharashtra,india-440023,.

Who are the directors of SOLAR INDUSTRIES INDIA LIMITED ?

The company has 27 directors/key management personnel Amrendra Verma,ajai Nigam,milind Deshmukh,sujitha Karnad,natrajan Ramkrishna,satyanarayan Nuwal,shalinee Mandhana,khushboo Rai,moneesh Agrawal,suresh Menon,manish Nuwal,suresh Menon,dilip Patel,jayanee Puranik,l74999mh1995plc085878 L74999mh1995plc085878,jagdish Belwal,natrajan Ramkrishna,jagdish Belwal,sujitha Karnad,milind Deshmukh,dinesh Batra,amrendra Verma,rashmi Prasad,dilip Patel,shalinee Mandhana,satyanarayan Nuwal,manish Nuwal,

What is the contact details of SOLAR INDUSTRIES INDIA LIMITED ?

Email : cs@solargroup.com
Address : 11, ZADE LAYOUT, BHARAT NAGAR NAGPUR Maharashtra India 440033

What does SOLAR INDUSTRIES INDIA LIMITED do?

SOLAR INDUSTRIES INDIA LIMITED is involved in activities such as Computer programming, consultancy and related activities

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