Solar Group

Nagpur, India Founded: 1995 • Age: 31 yrs
Defense and industrial explosives are manufactured for various sectors.
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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
  • Sectors
    Aerospace, Defense & Maritime
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Aerospace, Defense & Maritime → Defense Systems & Security Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • 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.

Exchange: NSE · Ticker: SOLARINDS . Sector: Process industries · India
People of Solar Group
Headcount 1000-5000
Employee Profiles 67
Employee Profiles
People
Saurabh Puttewar
Technical Services Team Lead
People
Ameet Nitnaware
Senior Project Executive
People
Neha Pandit
Senior Executive
People
Nehal Thakare
Quality Assurance Engineer

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Funding Insights of Solar Group

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Diversified operations are conducted across multiple industries in India.
1979
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Solar Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Solar Group Comparisons

Employees
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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
domain founded_year HQ Location
Collaboration among single-family offices is facilitated through a secure network.
domain founded_year HQ Location
Precision bullets are manufactured by Sierra Bullets for reloading applications.
domain founded_year HQ Location
Ammunition and rocket motors supplied to military and civilian sectors.
domain founded_year HQ Location
Ammunition products are manufactured and supplied by True Velocity.
domain founded_year HQ Location
Sellier & Bellot is engaged in ammunition manufacturing since 1825.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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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