Sharon Solutions Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials and compliance.
CIN U51506TN2001PLC047919 Incorporated 19 October 2001 ROC Chennai HQ Chennai, Tamil Nadu, India
Under Insolvency Public Limited Company information technology
Data last updated
Revenue · FY 2021
₹29.04 Cr
▼ 38.00% YoY
EBITDA · FY 2021
Locked
In full report
Net profit · FY 2021
Locked
In full report
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.36 Cr
Issued & subscribed
Open charges
₹198.13 Cr
Satisfied ₹5.77 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
40
Latest available

About Sharon Solutions Limited

Data last updated: 25 July 2025

Sharon Solutions Limited is a public limited company based in Chennai, Tamil Nadu, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in electronic components and equipment manufacturing, a part of the broader technology and IT services sector. Incorporated on 19 October 2001, the company has been in operation for over 25 years.

Registered with ROC Chennai under CIN U51506TN2001PLC047919.

Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.36 Cr. It is led by directors including Udayakumar Uma Maheswari and Kamalraj Johnson.

Last AGM: 30 November 2021. Financial statements filed for year ended 31 March 2021. Office: Ground Floor Jeena House No.520 M.K.N Road Alandur, Chennai, Tamil Nadu, India – 600016.

As per the financials filed for FY 2021, the company reported a revenue of ₹29.04 Cr, a decline of 38% compared to the previous year.

The company has a workforce of approximately 40 employees as per the latest available data.

As per MCA filings, the company has open charges of ₹198.13 Cr and satisfied charges of ₹5.77 Cr on record.

The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is sharonsolutions.com.

Company Details of Sharon Solutions Limited
CIN U51506TN2001PLC047919
Registration Number 047919
Incorporation Date 19 October 2001
ROC Chennai
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Ground Floor Jeena House No.520 M.K.N Road Alandur, Chennai, Tamil Nadu, India – 600016
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing
Company report
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Financials, compliance, directors, charges, ownership and filings for Sharon Solutions Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Sharon Solutions Limited

Sharon Solutions Limited has one previous CIN (Corporate Identification Number): U51506TN2001PTC047919. The current CIN is U51506TN2001PLC047919, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U51506TN2001PLC047919 Current
U51506TN2001PTC047919 Previous

Business Activity of Sharon Solutions Limited

Sharon Solutions Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including other professional, scientific and technical activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
M Professional, Scientific and Technical M9 Other professional, scientific and technical activities Locked
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Auditor Details of Sharon Solutions Limited

Sharon Solutions Limited is audited by C S HARIHARAN & CO for the financial year 2018. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
C S HARIHARAN & CO Locked Locked Locked
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Complete auditor history for Sharon Solutions Limited

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Board of Directors of Sharon Solutions Limited

Sharon Solutions Limited is currently managed by 3 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Udayakumar Uma Maheswari Director 20 May 2005 21 Years 2 Months As last reported
Kamalraj Johnson Managing Director 19 Oct 2001 24 Years 9 Months As last reported
Poonam Garg Nominee Director 09 May 2012 14 Years 2 Months As last reported

Financials of Sharon Solutions Limited FY 2021 filings available

Sharon Solutions Limited reported revenue of ₹29.04 Cr (down 38.00% YoY) for FY 2021.

Revenue · FY 2021
₹29.04 Cr ▼ 38.00%
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Ten-year financial statements for Sharon Solutions Limited

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Ownership and Shareholding of Sharon Solutions Limited

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Shareholding and ownership data for Sharon Solutions Limited

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Charges & Borrowings of Sharon Solutions Limited

Open charges
₹198.13 Cr
Satisfied charges
₹5.77 Cr
Breakdown by lending institutions
Uco Bank₹99.00 Cr
Edelweiss Asset Reconstruction Company Limited₹81.05 Cr
Canara Bank₹18.00 Cr
Federal Bank Limited₹0.08 Cr
Latest charge details
DateLenderAmountStatus
28 Sep 2013 Uco Bank ₹65 Cr Open
15 Jun 2013 Canara Bank ₹18 Cr Open
04 Mar 2013 Uco Bank ₹22 Cr Open
04 Mar 2013 Uco Bank ₹12 Cr Open
03 Feb 2011 Federal Bank Limited ₹7.5 Lakh Open

Total charge records: 7 View all charges

Employees and EPFO Compliance at Sharon Solutions Limited

Sharon Solutions Limited has a workforce of 40 employees as of Mar 28, 2024.

Employee count
40
Active EPFO establishments
1
Employee growth
-6.98%
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Employee and EPFO history for Sharon Solutions Limited

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GST Compliance of Sharon Solutions Limited

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GST registrations and filing compliance for Sharon Solutions Limited

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Credit Ratings, Litigation & Regulatory Alerts for Sharon Solutions Limited

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Credit ratings, litigation, and regulatory alerts for Sharon Solutions Limited

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MSME Payment Delays by Sharon Solutions Limited

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MSME payment history for Sharon Solutions Limited

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Subsidiaries & Group Companies of Sharon Solutions Limited

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Corporate group structure for Sharon Solutions Limited

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MCA Filings & Documents of Sharon Solutions Limited

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MCA filings and documents for Sharon Solutions Limited

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Recent Activity on Sharon Solutions Limited

Activity
30 Nov 2021
Sharon Solutions Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Activity
31 Mar 2021
Sharon Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.
Charges
30 Jun 2014
A charge with Edelweiss Asset Reconstruction Company Limited of Rs. 81.05 Cr registered on 21 Jun 2006 with Charge ID 80033856 was modified on 30 Jun 2014.
Charges
28 Sep 2013
A charge with Uco Bank amounted to Rs. 65.00 Cr with Charge ID 10455777 was registered on 28 Sep 2013.
Charges
25 Jun 2013
A charge with Canara Bank of Rs. 18.00 Cr registered on 15 Jun 2013 with Charge ID 10437084 was modified on 25 Jun 2013.
Charges
15 Jun 2013
A charge with Canara Bank amounted to Rs. 18.00 Cr with Charge ID 10437084 was registered on 15 Jun 2013.

Frequently Asked Questions about Sharon Solutions Limited

Sharon Solutions Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Sharon Solutions Limited is a company under insolvency, formerly operating as a public limited company in the information technology sector based in Chennai, Tamil Nadu, India. It was incorporated on 19 October 2001 and is registered under CIN U51506TN2001PLC047919. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Sharon Solutions Limited reported revenue of ₹29.04 Cr for FY 2021 (down 38.00% YoY).

The current directors of Sharon Solutions Limited are:

The CIN (Corporate Identification Number) of Sharon Solutions Limited is U51506TN2001PLC047919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sharon Solutions Limited has open charges of ₹198.13 Cr and satisfied charges of ₹5.77 Cr as per latest MCA filings.

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