Solaris People Solutions Private Limited
About Solaris People Solutions Private Limited
Data last updated:
Solaris People Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the csw professional segment of the business services sector. It was incorporated on 21 July 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2009PTC194268. Its GSTIN is 27AANCS2941Q1ZK (Maharashtra).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Bhairavi Vijay Soni and Swapnil Sampat Pawar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at B – 707 Kalpataru Apts Satya Nagar Borivli West. Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2017, the company reported a revenue of ₹97.03 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹3,630 (net margin 0%) and EBITDA of ₹3.55 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Company details
Contact details
Solaris People Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 707 Kalpataru Apts Satya Nagar Borivli West. Mumbai, Maharashtra, India – 400092
- IndustryBusiness Services, Csw Professional, Scientific and Technical Activities
To see the full contact details of Solaris People Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activities of Solaris People Solutions are professional, scientific and technical and support service to organizations. In detail, this covers other professional, scientific and technical activities and placement agencies and hr management services. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Solaris People Solutions Private Limited, buy the company report.
Financials of Solaris People Solutions Private Limited
FY 2017 filings availableSolaris People Solutions Private Limited reported revenue of ₹97.03 Lakh (down 23% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 66% 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹97.03 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.55 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3,630 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.7% | ||
| Net Profit Margin | 0% | ||
| 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 People Solutions Private Limited, buy the company report.
Board of directors of Solaris People Solutions Private Limited
Solaris People Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhairavi Vijay Soni | Director | 21 Jul 2009 | 17 Years 3 Months | As last reported |
| Swapnil Sampat Pawar | Director | 21 Jul 2009 | 17 Years 3 Months | As last reported |
Peer comparison
Solaris People Solutions Private Limited is compared with the 4 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Titodi Infotech Private Limited | ₹97.03 Lakh (FY 2025) | 1131.0% | Surat, Gujarat, India | |||
| Solaris People Solutions Private Limitedthis company | ₹97.03 Lakh (FY 2017) | -₹3,630 | 0% | -23.0% | Mumbai, Maharashtra, India | |
| RNJ Agriclinic and Agribusiness Private Limited | ₹97.03 Lakh (FY 2025) | 6.0% | Sadar, Tripura, India | |||
| Jeevan Jyoti Medilife Private Limited | ₹97.02 Lakh (FY 2025) | 16.0% | Ballia, Uttar Pradesh, India | |||
| Thoughtseed Private Limited | ₹97 Lakh (FY 2025) | 416.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Solaris People Solutions Private Limited, buy the company report.
Auditor
Solaris People Solutions Private Limited is audited by S S Puranik & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S Puranik & Associates | FY 2017 | 127731W |
Shareholding
The shareholding of Solaris People Solutions Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Solaris People Solutions Private Limited, buy the company report.
Legal cases
Solaris People Solutions Private Limited has 2 court cases on record: 1 filed by Solaris People Solutions, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Sunil Dayalal Limbani Partner of M/S. Mumbai Marketing | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra and | Disposed |
To see the full case history of Solaris People Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solaris People Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solaris People Solutions Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
GST
Solaris People Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCS2941Q1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solaris People Solutions Private Limited, buy the company report.
Recent activity
Solaris People Solutions Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Bhairavi Vijay Soni was appointed as Director on 21 Jul 2009.
Frequently asked questions
Solaris People Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Solaris People Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in csw professional, within the business services industry. It was incorporated on 21 July 2009 and is registered under CIN U74990MH2009PTC194268. The company has been struck off by the Registrar of Companies and is no longer operational.
Solaris People Solutions had 2 directors:
- Bhairavi Vijay Soni - Director
- Swapnil Sampat Pawar - Director
The CIN (Corporate Identification Number) of Solaris People Solutions is U74990MH2009PTC194268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Solaris People Solutions is at B – 707 Kalpataru Apts Satya Nagar Borivli West. Mumbai, Maharashtra, India – 400092.
Solaris People Solutions was incorporated on 21 July 2009. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Solaris People Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Solaris People Solutions is 27AANCS2941Q1ZK, registered in Maharashtra.
Solaris People Solutions operated in the business services industry, in the csw professional segment. It worked in this industry before it was struck off.
The peers of Solaris People Solutions by revenue are Titodi Infotech Private Limited, RNJ Agriclinic and Agribusiness Private Limited, Jeevan Jyoti Medilife Private Limited, Thoughtseed Private Limited, all in the same principal business activity (other professional, scientific and technical activities).
Solaris People Solutions has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
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