About Solid Containers Limited
Data last updated:
Solid Containers Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Vyoman India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 21 November 1964.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U28100MH1964PLC013064. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹23.1 Cr and a paid-up capital of ₹18.38 Cr. It was led by directors including Ashok Kumar Nandkishore Goenka Goel and Mohender Kumar Garg.
Its last annual general meeting (AGM) was held on 08 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.22 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.04 Cr (net margin -330.4%) and EBITDA of -₹98.92 Lakh (EBITDA margin -80.9%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
The company had about 3 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Solid Containers. As per MCA filings, the company had satisfied charges of ₹31.15 Cr on record. Court records list 29 cases involving the company, including 17 filed by the company and 12 filed against it; 2 cases are pending. The company has 3 deals on record (3 market trades); the latest was in September 2021. Its 10 peer companies in the Packaging industry (Paper Laminated and Corrugated Packaging) are compared by revenue, 5 larger and 5 smaller; the largest is Jain Carton Industries Private Limited with revenue of ₹1.25 Cr.
The last known website on record is solidcontainers.net.
Company details
CIN history
Solid Containers has one previous CIN (Corporate Identification Number): L28100MH1964PLC013064. The current CIN is U28100MH1964PLC013064, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28100MH1964PLC013064 | Current |
| L28100MH1964PLC013064 | Previous |
Contact details
Solid Containers Limited's registered office is in Mumbai, Maharashtra. Its website is solidcontainers.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTop 14th Floor Times Tower Kamala Mills Compound Senapati Bapat Marg Lower Parel, India, Mumbai, Maharashtra, India – 400013
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Solid Containers 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
Brands
Solid Containers operates one associated brand: Solid Containers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Paper products including Kraft Paper and Duplex Board are manufactured. | solidcontainers.net |
Financials of Solid Containers Limited
FY 2023 filings availableSolid Containers Limited reported revenue of ₹1.22 Cr (up 243% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over three years, including 243% growth in the latest year. EBITDA rose 12% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.22 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹98.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.04 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -80.9% | ||||
| Net Profit Margin | -330.4% | ||||
| 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 Solid Containers Limited, buy the company report.
Board of directors of Solid Containers Limited
Solid Containers has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Nandkishore Goenka Goel | Director | 29 Nov 1983 | 42 Years 10 Months | As last reported |
| Mohender Kumar Garg Also directs: Vyoma Consumer and Agro Products LLP, Vyoma Ispat Private Limited, Vyoma Exim Private Limited and 1 more | Director | 29 Sep 2008 | 18 Years 0 Months | As last reported |
| Sandeep Singh Kumar | Director | 19 Feb 2015 | 11 Years 8 Months | As last reported |
| Reshma Rao Also directs: Shrotra Enterprises Private Limited | Director | 30 Sep 2014 | 12 Years 0 Months | As last reported |
Peer comparison
Solid Containers Limited is compared with the 10 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jain Carton Industries Private Limited | ₹1.25 Cr (FY 2025) | 6.0% | Aurangabad, Maharashtra, India | |||
| Avnir Apparels Private Limited | ₹1.24 Cr (FY 2025) | 316.0% | Ludhiana, Punjab, India | |||
| Dasarath Nayak Multiproducts Private Limited | ₹1.24 Cr (FY 2025) | 25.0% | Khurda, Odisha, India | |||
| Shri Balaji Packmat Private Limited | ₹1.23 Cr (FY 2019) | -4.0% | Gurgaon, Haryana, India | |||
| Gulia Laminates Pvt Ltd | ₹1.22 Cr (FY 2024) | -25.0% | Rohtak, Haryana, India | |||
| Solid Containers Limitedthis company | ₹1.22 Cr (FY 2023) | -₹4.04 Cr | -330.4% | 243.0% | 3 | Mumbai, Maharashtra, India |
| Siddhatva Rotopack Private Limited | ₹1.22 Cr (FY 2024) | 145.0% | Bangalore, Karnataka, India | |||
| Karnavati Veneers Private Limited | ₹1.21 Cr (FY 2025) | 3.0% | Sabarkantha, Gujarat, India | |||
| Finilex Laminates India (OPC) Private Limited | ₹1.21 Cr (FY 2021) | -35.0% | Ghaziabad, Uttar Pradesh, India | |||
| Nitin Poly Propylene Industries Private Limited | ₹1.21 Cr (FY 2024) | 9.0% | Mumbai, Maharashtra, India | |||
| Urethane Coaters Private Limited | ₹1.21 Cr (FY 2024) | 31.0% | New Delhi, Delhi, India |
To see the full peer comparison of Solid Containers Limited, buy the company report.
Auditor
Solid Containers Limited is audited by ARVP & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARVP & Co. | FY 2023 | 101482W |
Shareholding
The shareholding of Solid Containers Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solid Containers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2015 | 10586212 | Others | ₹31.15 Cr | Satisfied |
To see the full charge records of Solid Containers Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Solid Containers Limited has 3 deals on record (3 market trades); the latest was in September 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Market trade | ₹24 Lakh | Buyer: Alpha Leon Enterprises LLP Seller: New India Assurance Co Ltd |
| Sep 2021 | Market trade | ₹10.9 Lakh | Seller: New India Assurance Co Ltd |
| Sep 2021 | Market trade | ₹10.4 Lakh | Seller: New India Assurance Co Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Solid Containers Limited has 29 court cases on record: 17 filed by Solid Containers, 12 filed against it. 2 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 7 | 0 |
| District courts | 11 | 4 | 2 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Ms National Peroxide Ltd | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Appeal | Filed against the company by Ms Tiecicon Pvt. Ltd | Disposed |
| Bombay High Court | Appeal | Filed against the company by M/S. Tiecicon Pvt.Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against International Fashions Pvt.Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Sharda Papercraft P Ltd and Anr | Disposed |
To see the full case history of Solid Containers 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 Solid Containers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solid Containers Limited has a workforce of 3 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Solid Containers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Solid Containers Limited, buy the company report.
Recent activity
Solid Containers Limited has 6 board changes on record since 1983: 4 appointments and 2 cessations. The latest: Francis Manuel Miranda ceased to be CFO on 27 Feb 2024.
Frequently asked questions
Solid Containers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Solid Containers was a public limited company based in Mumbai, Maharashtra, India. The company worked in laminated and corrugated packaging, within the packaging industry. It was incorporated on 21 November 1964 and is registered under CIN U28100MH1964PLC013064. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Solid Containers was incorporated on 21 November 1964. It is registered with the Registrar of Companies, Mumbai.
Solid Containers had 4 directors:
- Ashok Kumar Nandkishore Goenka Goel - Director
- Mohender Kumar Garg - Director
- Sandeep Singh Kumar - Director
- Reshma Rao - Director
The CIN (Corporate Identification Number) of Solid Containers is U28100MH1964PLC013064. 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 Solid Containers is at Top 14th Floor Times Tower Kamala Mills Compound Senapati Bapat Marg Lower Parel, India, Mumbai, Maharashtra, India – 400013.
Solid Containers can be reached through the website solidcontainers.net. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Solid Containers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 08 September 2023. Year-wise statements from 2015 are in the company report.
No. Solid Containers has 2 GST registrations on record and all of them are cancelled or inactive.
Solid Containers operated in the packaging industry, in the laminated and corrugated packaging segment.
Solid Containers has 3 deals on record (3 market trades); the latest was in September 2021.