DPIIT recognised startup Government of India
Startup India
Sol Industries Private Limited
Sol Industries Private Limited - manufacturing in Ranchi, Jharkhand, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.03 Cr
▲ 821% YoY
Net profit · FY 2024
₹50.3 Lakh
Net margin 6.3%
EBITDA · FY 2024
₹65.42 Lakh
EBITDA margin 8.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹46 Lakh
Issued & subscribed
Open charges
₹3 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Sol Industries Private Limited
Data last updated:
Sol Industries Private Limited is a private limited company based in Ranchi, Jharkhand, India, recognised as a startup by DPIIT. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 25 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U25209JH2021PTC016675. Its GSTIN is 20ABGCS3057D1ZT (Jharkhand).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹46 Lakh. It is led by directors Gyarsi Lal Goyal and Nikhil Goyal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2A 2B Second Floor Lalpur Super Market Lalpur, Ranchi, Jharkhand, India – 834001.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.03 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹50.3 Lakh (net margin 6.3%) and EBITDA of ₹65.42 Lakh (EBITDA margin 8.2%).
As per MCA filings, the company has open charges of ₹3 Cr on record.
Sol Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-20-0015942).
Company details
CIN U25209JH2021PTC016675
Registration Number 016675
Incorporation Date 25 June 2021
ROC Ranchi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-JH-20-0015942
Key People
Gyarsi Lal Goyal Director Nikhil Goyal Director Recognitions & Rankings of Sol Industries
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-JH-20-0015942
Contact details
Sol Industries Private Limited's registered office is in Ranchi, Jharkhand. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2A 2B Second Floor Lalpur Super Market Lalpur, Ranchi, Jharkhand, India – 834001
- IndustryManufacturing, Fittings & Components, Pipe & Tubes
To see the full contact details of Sol Industries Private Limited, buy the company report.
Comprehensive company report
Sol Industries Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Sol Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Sol Industries Private Limited, buy the company report.
Financials of Sol Industries Private Limited
FY 2025 filings availableSol Industries Private Limited reported revenue of ₹8.03 Cr (up 821% YoY) for FY 2024.
Revenue · FY 2024
₹8.03 Cr ▲ 821%
Net profit · FY 2024
₹50.3 Lakh margin 6.3%
EBITDA · FY 2024
₹65.42 Lakh margin 8.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 821%
EBITDA CAGR growth
1 year
▲ 966%
Revenue rose 821% in the latest year. EBITDA rose 966% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹65.42 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹50.3 Lakh | ||
| 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8.2% | ||
| Net Profit Margin | 6.3% | ||
| 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 Sol Industries Private Limited, buy the company report.
Board of directors of Sol Industries Private Limited
Sol Industries has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gyarsi Lal Goyal | Director | 25 Jun 2021 | 5 Years 4 Months | Current |
| Nikhil Goyal | Director | 25 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Sol Industries Private Limited is audited by H ADUKIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H ADUKIA & ASSOCIATES | FY 2023 | 0008941C |
Shareholding
The shareholding of Sol Industries Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sol Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2025 | 101087943 | Others | ₹3 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sol Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sol Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sol Industries Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Sol Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20ABGCS3057D1ZT | Jharkhand | Active | 01 Sep 2021 |
To see the full GST registrations and return filing status of Sol Industries Private Limited, buy the company report.
Recent activity
Sol Industries Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Gyarsi Lal Goyal was appointed as Director on 25 Jun 2021.
AGM
Sol Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sol Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ranchi.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101087943 was registered on 12 Mar 2025.
Appointed
Gyarsi Lal Goyal was appointed as Director.
Appointed
Nikhil Goyal was appointed as Director.
Incorporation
25 Jun 2021
Sol Industries Private Limited was registered on 25 Jun 2021 with Roc Ranchi & aged 5 years 4 months as per MCA records.
Frequently asked questions
Sol Industries is an active private limited company based in Ranchi, Jharkhand, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 25 June 2021 (5+ years old) and is registered under CIN U25209JH2021PTC016675.
Sol Industries has 2 current directors:
- Gyarsi Lal Goyal - Director
- Nikhil Goyal - Director
The latest financial statements of Sol Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Sol Industries is 20ABGCS3057D1ZT, registered in Jharkhand.
The CIN (Corporate Identification Number) of Sol Industries is U25209JH2021PTC016675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sol Industries was incorporated on 25 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ranchi.
Gyarsi Lal Goyal was appointed as Director on 25 Jun 2021. Nikhil Goyal was appointed as Director on 25 Jun 2021.
Yes, Sol Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Sol Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-JH-20-0015942).
The registered office of Sol Industries is at 2A 2B Second Floor Lalpur Super Market Lalpur, Ranchi, Jharkhand, India – 834001.
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