Solaris Management Private Limited

Solaris Management Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U67190MH2011PTC213188 Incorporated 08 February 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Revenue · FY 2025
₹1.63 Cr
▲ 28% YoY
Net profit · FY 2025
₹8.79 Lakh
Net margin 5.4%
EBITDA · FY 2025
₹11.69 Lakh
EBITDA margin 7.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
1
Provident fund records
Directors on board
3
As per MCA filings

About Solaris Management Private Limited

Data last updated:

Solaris Management Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 08 February 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2011PTC213188. Its GSTIN is 27AAPCS3742R2ZE (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sonal Sachin Mandrekar and Sarita Shashikant Mandrekar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 12 1st Floor Kiran Industrial Premises M. G. Road Goregaon (West), Mumbai, Maharashtra, India – 400062.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.63 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹8.79 Lakh (net margin 5.4%) and EBITDA of ₹11.69 Lakh (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 10% over five years.

The company has about 1 employee on its provident fund (EPFO) records.

Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U67190MH2011PTC213188
Registration Number 213188
Incorporation Date 08 February 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Solaris Management Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A – 12 1st Floor Kiran Industrial Premises M. G. Road Goregaon (West), Mumbai, Maharashtra, India – 400062
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Solaris Management Private Limited, buy the company report.

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Solaris Management 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 Solaris Management is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities66Activities auxiliary to financial service and insurance activities

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

Financials of Solaris Management Private Limited

FY 2025 filings available

Solaris Management Private Limited reported revenue of ₹1.63 Cr (up 28% YoY) for FY 2025.

Revenue · FY 2025
₹1.63 Cr ▲ 28%
Net profit · FY 2025
₹8.79 Lakh margin 5.4%
EBITDA · FY 2025
₹11.69 Lakh margin 7.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 30%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 43%
3 years · compounded
▲ 19%
5 years · compounded
▲ 8%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 28% growth in the latest year. EBITDA fell 43% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹11.69 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.79 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.2%
Net Profit Margin5.4%
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 Solaris Management Private Limited, buy the company report.

Board of directors of Solaris Management Private Limited

Solaris Management has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sonal Sachin MandrekarDirector08 Feb 201115 Years 9 MonthsCurrent
Sachin Shashikant MandrekarAdditional Director02 Jan 20233 Years 10 MonthsCurrent
Sarita Shashikant MandrekarDirector01 Apr 20179 Years 7 MonthsCurrent

Auditor

Solaris Management Private Limited is audited by N. D. RAJANI & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
N. D. RAJANI & CO.FY 2023118108W

Shareholding

The shareholding of Solaris Management Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Solaris Management Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Solaris Management Private Limited has a workforce of 1 employees on its EPFO records as of Dec 2019, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1
Employee growth
-75%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2019-201
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Solaris Management Private Limited, buy the company report.

GST

Solaris Management has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAPCS3742R2ZEMaharashtraActive27 Sep 2017

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

Recent activity

Solaris Management Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Sachin Shashikant Mandrekar was appointed as Additional Director on 02 Jan 2023.

AGM
Solaris Management Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solaris Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Sachin Shashikant Mandrekar was appointed as Additional Director.
Ceased
Sachin Shashikant Mandrekar ceased to be Director.
Appointed
Sarita Shashikant Mandrekar was appointed as Director.
Appointed
Sonal Sachin Mandrekar was appointed as Director.
Incorporation
08 Feb 2011
Solaris Management Private Limited was registered on 08 Feb 2011 with Roc Mumbai & aged 15 years 9 months as per MCA records.

Frequently asked questions

Solaris Management is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 08 February 2011 (15+ years old) and is registered under CIN U67190MH2011PTC213188.

Solaris Management has 3 current directors:

The latest financial statements of Solaris Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Solaris Management is 27AAPCS3742R2ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Solaris Management is U67190MH2011PTC213188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solaris Management has 1 court case on record: 1 filed against it.

Solaris Management was incorporated on 08 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.

Sachin Shashikant Mandrekar was appointed as Additional Director on 02 Jan 2023. Sachin Shashikant Mandrekar ceased to be Director on 04 Dec 2019. Sarita Shashikant Mandrekar was appointed as Director on 01 Apr 2017. Solaris Management has 4 board changes on record in total.

The registered office of Solaris Management is at A – 12 1st Floor Kiran Industrial Premises M. G. Road Goregaon West, Mumbai, Maharashtra, India – 400062.

Solaris Management operates in the financial services industry, in the diversified financial services segment.