Solana Solar Private Limited

Solana Solar Private Limited - trading in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U51909MH2018PTC312292 Incorporated 27 July 2018 ROC Nagpur HQ Nagpur, Maharashtra, India
Active Private Limited Company trading
Data last updated
Revenue · FY 2022
₹3.84 Lakh
▼ 73% YoY
Net loss · FY 2022
₹1.6 Lakh
Net margin -41.6%
EBITDA · FY 2022
-₹1.6 Lakh
EBITDA margin -41.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Solana Solar Private Limited

Data last updated:

Solana Solar Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 27 July 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U51909MH2018PTC312292. Its GSTIN is 27ABACS6273K1ZY (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kiran Prakash Peshkar and Parag Mahadeorao Lanjewar.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at P. No 158 Kamakshi Society Nr. Shahne Kirana Wathoda Layout Nandanwan, Nagpur, Maharashtra, India – 440008.

As per the financials filed for FY 2022, the company reported a revenue of ₹3.84 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹1.6 Lakh (net margin -41.6%) and EBITDA of -₹1.6 Lakh (EBITDA margin -41.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.

Company details

CIN U51909MH2018PTC312292
Registration Number 312292
Incorporation Date 27 July 2018
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022

Contact details

Solana Solar Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    P. No 158 Kamakshi Society Nr. Shahne Kirana Wathoda Layout Nandanwan, Nagpur, Maharashtra, India – 440008
  • Industry
    Trading, Specialty, Wholesale

To see the full contact details of Solana Solar Private Limited, buy the company report.

Comprehensive company report
Solana Solar Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Solana Solar is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Solana Solar Private Limited, buy the company report.

Financials of Solana Solar Private Limited

FY 2022 filings available

Solana Solar Private Limited reported revenue of ₹3.84 Lakh (down 73% YoY) for FY 2022.

Revenue · FY 2022
₹3.84 Lakh ▼ 73%
Net loss · FY 2022
₹1.6 Lakh margin -41.6%
EBITDA · FY 2022
-₹1.6 Lakh margin -41.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 73%
3 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 15%

Revenue fell 73% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 12% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.6 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.6 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-41.6%
Net Profit Margin-41.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Solana Solar Private Limited, buy the company report.

Board of directors of Solana Solar Private Limited

Solana Solar has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Kiran Prakash PeshkarDirector27 Jul 20188 Years 2 MonthsCurrent
Parag Mahadeorao LanjewarDirector27 Jul 20188 Years 2 MonthsCurrent
Sarvesh Ramesh MallickDirector29 Jan 20197 Years 8 MonthsCurrent

Peer comparison

Solana Solar Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kalra Creations International Private Limited₹3.84 Lakh (FY 2024)-53.0%Alwar, Rajasthan, India
Ninepro India Private Limited₹3.84 Lakh (FY 2022)Madurai, Tamil Nadu, India
Smart Baby Retail Private Limited₹3.84 Lakh (FY 2019)9.0%Delhi, India
Prssan India Private Limited₹3.84 Lakh (FY 2018)630.0%Gurgaon, Haryana, India
MBPL Securities Private Limited₹3.84 Lakh (FY 2025)-93.0%Noida, Uttar Pradesh, India
Solana Solar Private Limitedthis company₹3.84 Lakh (FY 2022)-₹1.6 Lakh-41.6%-73.0%Nagpur, Maharashtra, India
RGM E-Commerce Private Limited₹3.84 Lakh (FY 2023)1426.0%Ahmedabad, Gujarat, India
Vora Cycle Stores Private Limited₹3.83 Lakh (FY 2024)-65.0%Rajkot, Gujarat, India
Gaumukhi Dairy Farms Private Limited₹3.83 Lakh (FY 2021)Bangalore, Karnataka, India
RRS Roofing Nail Manufacturing Private Limited₹3.83 Lakh (FY 2025)3.0%Kolkata, West Bengal, India
Emergent Dreamworks Infra Developers Private Limited₹3.83 Lakh (FY 2025)-35.0%Lucknow, Uttar Pradesh, India

To see the full peer comparison of Solana Solar Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Solana Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Solana Solar has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27ABACS6273K1ZYMaharashtraActive11 Sep 2018

To see the full GST registrations and return filing status of Solana Solar Private Limited, buy the company report.

Recent activity

Solana Solar Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Sarvesh Ramesh Mallick was appointed as Director on 29 Jan 2019.

AGM
Solana Solar Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Solana Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Nagpur.
Appointed
Sarvesh Ramesh Mallick was appointed as Director.
Appointed
Kiran Prakash Peshkar was appointed as Director.
Appointed
Parag Mahadeorao Lanjewar was appointed as Director.
Incorporation
27 Jul 2018
Solana Solar Private Limited was registered on 27 Jul 2018 with Roc Nagpur & aged 8 years 2 months as per MCA records.

Frequently asked questions

Solana Solar is an active private limited company based in Nagpur, Maharashtra, India. The company works in specialty, within the trading industry. It was incorporated on 27 July 2018 (8+ years old) and is registered under CIN U51909MH2018PTC312292.

Solana Solar has 3 current directors:

The latest financial statements of Solana Solar on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Solana Solar is 27ABACS6273K1ZY, registered in Maharashtra.

The CIN (Corporate Identification Number) of Solana Solar is U51909MH2018PTC312292. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solana Solar was incorporated on 27 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Nagpur.

The peers of Solana Solar by revenue are Kalra Creations International Private Limited, Ninepro India Private Limited, Smart Baby Retail Private Limited, Prssan India Private Limited, MBPL Securities Private Limited and 5 more, all in the same principal business activity (retail trading).

Sarvesh Ramesh Mallick was appointed as Director on 29 Jan 2019. Kiran Prakash Peshkar was appointed as Director on 27 Jul 2018. Parag Mahadeorao Lanjewar was appointed as Director on 27 Jul 2018.

The registered office of Solana Solar is at P. No 158 Kamakshi Society Nr. Shahne Kirana Wathoda Layout Nandanwan, Nagpur, Maharashtra, India – 440008.

Solana Solar operates in the trading industry, in the specialty segment.

Solana Solar can be reached at its registered office: P. No 158 Kamakshi Society Nr. Shahne Kirana Wathoda Layout Nandanwan, Nagpur, Maharashtra, India – 440008.