About Sollatek
Sollatek is a Telecommunications company. Power protection solutions for homes, offices, and industries. It operates in the Telecommunications and Consumer sectors. Sollatek offers products and services including Voltage Stabilizers and Fridge Guards. Its focus areas include Industrial, Power Solutions, Tower Power Systems and Electronics. Its legal entity in India is Sollatek India Technologies Private Limited (U74120MH2010PTC208893).
Company details
Sollatek India Technologies Private Limited, established in 2010 as part of the UK-based Sollatek Group, is recognized for providing solutions to address power problems in various sectors. Products such as voltage stabilizers and guards are designed to regulate incoming power and ensure the safety of electrical equipment in homes, offices, telecommunications, and medical systems. The company maintains offices in multiple Indian cities and has formed partnerships with retailers to distribute its offerings. Its focus is placed on enhancing the functionality of devices through advanced power management technologies, serving both consumers and businesses effectively.
- SectorsTelecommunicationsConsumer
- Email••••••••
- Website sollatek.co.in
- Legal Name Sollatek India Technologies Private Limited
- Date of Incorporation 12 Oct, 2010
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹4,113
FY 2023 · -99% YoY
- Indian entity net loss-₹4,126
FY 2023 · -100% margin
- Indian entity EBITDA-₹5,739
FY 2023 · -140% margin
Associated legal entities of Sollatek
Sollatek operates through Sollatek India Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sollatek India Technologies Private Limited CIN U74120MH2010PTC208893 | Active | 12 Oct 2010 | Mumbai, Maharashtra | ₹0.0 Cr | 15 | 3 | View details |
Products & Services of Sollatek
Sollatek offers a comprehensive portfolio of products and services, including Voltage Stabilizers and Fridge Guards.
Voltage stabilizers are utilized to safeguard electronic devices from fluctuations and surges in power supply.
Fridge guards are employed to protect refrigerators from low voltage and surges, thereby enhancing their functionality.
Board of directors of Sollatek India Technologies Private Limited (Sollatek)
Sollatek India Technologies Private Limited is the primary company behind Sollatek. The board of Sollatek India Technologies Private Limited currently have 3 directors; the longest-serving is Aparna Madhur Somani, appointed in 2010. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aparna Madhur Somani DIN 00237339 | Director | 12 Oct 2010 | 16 yrs | Sollatek India Technologies Private Limited |
| Madhur Rangnath Somani DIN 00237268 | Director | 12 Oct 2010 | 16 yrs | Sollatek India Technologies Private Limited |
| Tanay Somani Madhur DIN 07141015 | Director | 26 Jul 2021 | 5 yrs 3 mo | Sollatek India Technologies Private Limited |
Financials of Sollatek
Figures of Sollatek India Technologies Private Limited, the primary company behind Sollatek, for FY 2023. Revenue was ₹4,113 (-99% year on year). Net loss was -₹4,126 (-100% margin). EBITDA was -₹5,739 (-140% margin). Revenue has grown at a compounded annual rate of -69% over three years and -53% over five years.
- ₹4,113Revenue · FY 2023 · -99% YoY
- -₹4,126Net loss · -100% margin
- -₹5,739EBITDA · -140% margin
- ₹1 LakhPaid-up capital
- 15Employees (provident fund records)
- -69%Revenue CAGR, 3 years
- -53%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sollatek India Technologies Private Limited are on its company page.
Detailed financial statements for Sollatek
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- Statement rows
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- Five-year trends
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Frequently Asked Questions about Sollatek
The primary company behind Sollatek, Sollatek India Technologies Private Limited, reported revenue of ₹4,113 for FY 2023, down 99% year on year.
Sollatek India Technologies Private Limited, established in 2010 as part of the UK-based Sollatek Group, is recognized for providing solutions to address power problems in various sectors. Products such as voltage stabilizers and guards are designed to regulate incoming power and ensure the safety of electrical equipment in homes, offices, telecommunications, and medical systems. The company maintains offices in multiple Indian cities and has formed partnerships with retailers to distribute its offerings. Its focus is placed on enhancing the functionality of devices through advanced power management technologies, serving both consumers and businesses effectively.
Sollatek offers Voltage Stabilizers and Fridge Guards.
Sollatek operates through Sollatek India Technologies Private Limited.
The legal entities of Sollatek currently have 3 directors, including Tanay Somani Madhur, Aparna Madhur Somani, Madhur Rangnath Somani.