Solaris Properties Private Limited
About Solaris Properties Private Limited
Data last updated:
Solaris Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 02 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2007PTC172813.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sudhir Kanji Thakker and Maya Awatrai Chimnani.
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 Raheja Centre Point 294 C.S.T Road Near Mumbai University Off Bandra Kurla Complex San, Tacruz (E), Maharashtra, India – 400098.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.78 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹44,785 (net margin 1.1%) and EBITDA of ₹40.38 Lakh (EBITDA margin 99%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressRaheja Centre Point 294 C.S.T Road Near Mumbai University Off Bandra Kurla Complex San, Tacruz (E), Maharashtra, India – 400098
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Solaris Properties Private Limited
The main business activity of Solaris Properties is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Solaris Properties Private Limited FY 2025 filings available
Solaris Properties Private Limited reported revenue of ₹40.78 Lakh (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Solaris Properties Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 5% growth in the latest year. EBITDA rose 5% 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 of Solaris Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹40.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹44,785 | •••• | •••• | •••• | •••• |
| 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 of Solaris Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Solaris Properties are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Solaris Properties Private Limited
Solaris Properties has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Kanji Thakker Also directs: Raheja Life Styles Private Limited, Raheja Living Private Limited, Ambrosia Properties Private Limited and 5 more | Director | 04 Feb 2015 | 11 Years 8 Months | Current |
| Maya Awatrai Chimnani Also directs: Mars Properties Pvt Ltd, Adhunik Developers Pvt Ltd, Alexandria Properties Private Limited and 4 more | Director | 22 Dec 2009 | 16 Years 9 Months | Current |
| Mahesh Sadarangani Bhajanlal Also directs: Raheja Life Styles Private Limited, Raheja Living Private Limited, Ambrosia Properties Private Limited and 5 more | Director | 04 Feb 2015 | 11 Years 8 Months | Current |
Peer Comparison of Solaris Properties Private Limited
Solaris Properties Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Real estate activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Accord Tie-Up Private Limited | ₹40.86 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Kolkata, West Bengal, India |
| Blacklion Real Estate India Private Limited | ₹40.86 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Workforce Engineering Private Limited | ₹40.85 Lakh (FY 2025) | •••• | •••• | -81.0% | •••• | Thane, Maharashtra, India |
| Prabhag Infrastructure & Logistics Private Limited | ₹40.85 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Thane, Maharashtra, India |
| Urban Banyan Private Limited | ₹40.81 Lakh (FY 2025) | •••• | •••• | 226.0% | •••• | Gurgaon, Haryana, India |
| Solaris Properties Private Limited this company | ₹40.78 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Fair Millennium Investment and Trading Private Limited | ₹40.77 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Pune, Maharashtra, India |
| Kirag Technology Private Limited | ₹40.73 Lakh (FY 2025) | •••• | •••• | 16298.0% | •••• | Noida, Uttar Pradesh, India |
| Natvar Parikh Hotels and Resorts Private Limited | ₹40.73 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Riviera Apartments Private Limited | ₹40.73 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Delhi, India |
| K N F Estate Private Limited | ₹40.71 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Solaris Properties by revenue in the same principal business activity (Real estate activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Solaris Properties Private Limited
Solaris Properties Private Limited is audited by K. N. Gandhi & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K. N. Gandhi & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Solaris Properties Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Solaris Properties Private Limited
Solaris Properties Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Solaris Properties Private Limited
Employment history and EPFO contributions of people linked to Solaris Properties.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Solaris Properties Private Limited
Solaris Properties Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Meena Suresh Raheja ceased to be Director on 31 Mar 2015.
Credit Ratings, Litigation & Regulatory Alerts for Solaris Properties Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Solaris Properties Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Solaris Properties Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Solaris Properties Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Solaris Properties Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Solaris Properties Private Limited
Solaris Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 02 August 2007 (19+ years old) and is registered under CIN U45400MH2007PTC172813.
Solaris Properties reported revenue of ₹40.78 Lakh for FY 2025 (up 5% YoY).
Solaris Properties has 3 current directors:
- Sudhir Kanji Thakker - Director
- Maya Awatrai Chimnani - Director
- Mahesh Sadarangani Bhajanlal - Director
Solaris Properties reported a net profit of ₹44,785 (net margin 1.1%) and EBITDA of ₹40.38 Lakh (EBITDA margin 99%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solaris Properties is -1% over three years and 2% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Solaris Properties is U45400MH2007PTC172813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solaris Properties was incorporated on 02 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Solaris Properties by revenue are Accord Tie-Up Private Limited, Blacklion Real Estate India Private Limited, Workforce Engineering Private Limited, Prabhag Infrastructure & Logistics Private Limited, Urban Banyan Private Limited and 5 more, all in the same principal business activity (Real estate activities).
Meena Suresh Raheja ceased to be Director on 31 Mar 2015. Mahesh Sadarangani Bhajanlal was appointed as Director on 04 Feb 2015. Sudhir Kanji Thakker was appointed as Director on 04 Feb 2015. Solaris Properties has 8 board changes on record in total.
The registered office of Solaris Properties is at Raheja Centre Point 294 C.S.T Road Near Mumbai University Off Bandra Kurla Complex San, Tacruz E, Maharashtra, India – 400098.
Solaris Properties has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.