About Solar Group
Solar Group is a company based in Nagpur (India) founded in 1995 by Satyanarayan Nandlal Nuwal.. Solar Group has completed 1 acquisition, including RECL. Solar Group operates in a competitive market with competitors including FN Herstal, Sierra Bullets, Nammo, True Velocity and Sellier & Bellot, among others.
- Headquarter Nagpur, India
- Founders Satyanarayan Nandlal Nuwal
- Stage Public
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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IPO & Listings of Solar Group
Solar Group is a publicly listed company on the NSE with ticker symbol SOLARINDS in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Solar Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Solar Group
Solar Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include RECL. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Diversified operations are conducted across multiple industries in India.
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1979 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Solar Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Solar Group Comparisons
Competitors of Solar Group
Solar Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FN Herstal, Sierra Bullets, Nammo, True Velocity and Sellier & Bellot, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Collaboration among single-family offices is facilitated through a secure network.
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| domain | founded_year | HQ Location |
Precision bullets are manufactured by Sierra Bullets for reloading applications.
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| domain | founded_year | HQ Location |
Ammunition and rocket motors supplied to military and civilian sectors.
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| domain | founded_year | HQ Location |
Ammunition products are manufactured and supplied by True Velocity.
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| domain | founded_year | HQ Location |
Sellier & Bellot is engaged in ammunition manufacturing since 1825.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Solar Group
Frequently Asked Questions about Solar Group
When was Solar Group founded?
Solar Group was founded in 1995.
Where is Solar Group located?
Solar Group is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
What does Solar Group do?
Solar Group was founded in 1995 by Satyanarayan Nandlal Nuwal and is based in Nagpur, India. Explosives for defense and industrial applications are produced by the company, with operations focused on sectors such as mining, construction, and military needs. Products are supplied to domestic and international clients through established manufacturing processes, ensuring compliance with safety and regulatory standards in the explosives industry.
Who are the top competitors of Solar Group?
Solar Group's top competitors include True Velocity, Nammo and Sierra Bullets.
Is Solar Group publicly traded?
Yes, Solar Group is publicly traded on NSE under the ticker symbol SOLARINDS.
How many acquisitions has Solar Group made?
Solar Group has made 1 acquisition, including RECL.
What is Solar Group's ticker symbol?
The ticker symbol of Solar Group is SOLARINDS on NSE.
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