Sol Mobiles Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74110MH2006PTC165162 Incorporated 17 October 2006 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer electronics and durables MSME
Data last updated
Revenue · FY 2025
₹433.03 Cr
▼ 6% YoY
Net profit · FY 2025
₹1.56 Cr
Net margin 0.4%
EBITDA · FY 2025
₹3.2 Cr
EBITDA margin 0.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹72.23 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹17.47 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
20
Provident fund records

About Sol Mobiles Private Limited

Data last updated:

Sol Mobiles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 17 October 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2006PTC165162. Its GSTIN is 27AABCF1390A1Z5 (Maharashtra). The company holds 8 GST registrations, of which 5 are active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹72.23 Lakh. It was formerly known as Fine Pulp & Paper Imports Private Limited. It is led by directors including Rajesh Rameshchandra Somani and Deepali Avinash Gandhi.

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 204 Koldongri Chs A Wing Building No. 1 Parsiwada Sahar Road Andheri (E), Mumbai, Maharashtra, India – 400099.

As per the financials filed for FY 2025, the company reported a revenue of ₹433.03 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.56 Cr (net margin 0.4%) and EBITDA of ₹3.2 Cr (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 18% over five years.

The company has about 20 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹17.47 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 1 case is pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹69 Lakh; the latest was in March 2012. Its 5 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 3 smaller; the largest is Spincotech Private Limited with revenue of ₹447.82 Cr. The company has 4 MSME Form 1 returns on record between 2021 and 2023, listing 14 overdue payments to 4 micro and small suppliers.

Sol Mobiles Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0066473). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solgroup.in.

Company details

CIN U74110MH2006PTC165162
Registration Number 165162
Incorporation Date 17 October 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0066473

CIN history

Sol Mobiles has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110MH2006PTC165162, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74110MH2006PTC165162Current
U32204MH2006PTC165162Previous
U51396MH2006PTC165162Previous

Recognitions & Rankings of Sol Mobiles

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-18-0066473

Contact details

Sol Mobiles Private Limited's registered office is in Mumbai, Maharashtra. Its website is solgroup.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    204 Koldongri Chs A Wing Building No. 1 Parsiwada Sahar Road Andheri (E), Mumbai, Maharashtra, India – 400099
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution

To see the full contact details of Sol Mobiles Private Limited, buy the company report.

Comprehensive company report
Sol Mobiles 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 Mobiles is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Sol Mobiles Private Limited, buy the company report.

Financials of Sol Mobiles Private Limited

FY 2025 filings available

Sol Mobiles Private Limited reported revenue of ₹433.03 Cr (down 6% YoY) for FY 2025.

Revenue · FY 2025
₹433.03 Cr ▼ 6%
Net profit · FY 2025
₹1.56 Cr margin 0.4%
EBITDA · FY 2025
₹3.2 Cr margin 0.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 9%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 35%
3 years · compounded
▼ 3%
5 years · compounded
▲ 29%

Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 35% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹3.2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.56 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin0.7%
Net Profit Margin0.4%
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 Sol Mobiles Private Limited, buy the company report.

Board of directors of Sol Mobiles Private Limited

Sol Mobiles has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajesh Rameshchandra SomaniDirector28 Sep 201511 Years 0 MonthsCurrent
Deepali Avinash GandhiDirector01 Aug 20215 Years 2 MonthsCurrent
Tanisha Avinash GandhiDirector20 Feb 20188 Years 8 MonthsCurrent

Peer comparison

Sol Mobiles Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Spincotech Private Limited₹447.82 Cr (FY 2025)2.0%Chennai, Tamil Nadu, India
G.Kumar Electro Private Limited₹438.02 Cr (FY 2025)11.0%New Delhi, Delhi, India
Sol Mobiles Private Limitedthis company₹433.03 Cr (FY 2025)₹1.56 Cr0.4%-6.0%20Mumbai, Maharashtra, India
North Gaints Private Limited₹426.83 Cr (FY 2025)82.0%New Delhi, Delhi, India
Hotspot Retail Private Limited₹415.41 Cr (FY 2024)28.0%New Delhi, Delhi, India
Element14 India Private Limited₹414.52 Cr (FY 2025)10.0%Bangalore, Karnataka, India

To see the full peer comparison of Sol Mobiles Private Limited, buy the company report.

Auditor

Sol Mobiles Private Limited is audited by B S R & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B S R & Associates LLPFY 2023116231W/W-100024

Shareholding

The shareholding of Sol Mobiles Private 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sol Mobiles Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2 Cr
Satisfied charges
₹17.47 Cr
Breakdown by lending institutions
Others₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Feb 2023100680940Others₹2 CrOpen
16 Mar 2024100900309Hdfc Bank Limited₹1.97 CrSatisfied
30 Nov 2022100652734Others₹11 CrSatisfied
28 Nov 2019100324385Others₹4.5 CrSatisfied

To see the full charge records of Sol Mobiles Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Sol Mobiles Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹69 Lakh; the latest was in March 2012.

Total deals
5
Secondary share transfers
3
Funding rounds
2
Disclosed funding
₹69 Lakh

Deals on record (5 of 5)

WhenDealAmountParties
Mar 2012Secondary share transferUndisclosedBuyer: an individual
Seller: Avinash P Gandhi HUF
Jul 2010Secondary share transferUndisclosedBuyer: an individual
Seller: Avinash P Gandhi HUF, an individual
Feb 2010Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jan 2010Funding round₹36.3 LakhInvestors: Avinash P Gandhi HUF, 3 individuals
Feb 2008Funding round₹32.7 LakhInvestors: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Sol Mobiles Private Limited was last rated by Crisil on 26 Dec 2019.

Rating agencyRated onRating
Crisil26 Dec 2019

To see the full credit ratings and regulatory alerts of Sol Mobiles Private Limited, buy the company report.

MSME payment delays

Sol Mobiles Private Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 14 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Kkexpress Logistics Private Limited
an individual supplier

To see the full MSME payment records of Sol Mobiles Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Sol Mobiles Private Limited has a workforce of 20 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
20
Active EPFO establishments
1
Employee growth
-4.76%

GST

Sol Mobiles has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
8
Active
5
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AABCF1390A1Z5MaharashtraActive01 Jul 2017
07AABCF1390A1Z7DelhiActive01 Jul 2017
24AABCF1390A1ZBGujaratActive01 Jul 2017
29AABCF1390A1Z1KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Sol Mobiles Private Limited, buy the company report.

Recent activity

Sol Mobiles Private Limited has 11 board changes on record since 2009: 3 appointments and 8 cessations. The latest: Deepali Avinash Gandhi was appointed as Director on 01 Aug 2021.

AGM
Sol Mobiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sol Mobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 16 Mar 2024 via Charge ID 100900309 with Hdfc Bank Limited was fully satisfied on 03 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.97 Cr with Charge ID 100900309 was registered on 16 Mar 2024.
Charges
A charge registered on 30 Nov 2022 via Charge ID 100652734 with Others was fully satisfied on 12 Mar 2024.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100680940 was registered on 17 Feb 2023.
Charges
A charge registered on 28 Nov 2019 via Charge ID 100324385 with Others was fully satisfied on 23 Jan 2023.
Charges
A charge with Others amounted to Rs. 11.00 Cr with Charge ID 100652734 was registered on 30 Nov 2022.
Appointed
Deepali Avinash Gandhi was appointed as Director.
Ceased
Pratik Vinay Gandhi ceased to be Additional Director.
Ceased
Pravinchandra Ichchalal Gandhi ceased to be Director Appointed In Casual Vacancy.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100324385 was registered on 28 Nov 2019.

9 earlier events are in the company report.

Frequently asked questions

Sol Mobiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 17 October 2006 (20+ years old) and is registered under CIN U74110MH2006PTC165162.

Sol Mobiles has 3 current directors:

The latest financial statements of Sol Mobiles 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 2015 are in the company report.

The GSTIN of Sol Mobiles is 27AABCF1390A1Z5, registered in Maharashtra. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 07AABCF1390A1Z7 (Delhi), 24AABCF1390A1ZB (Gujarat), 29AABCF1390A1Z1 (Karnataka).

The CIN (Corporate Identification Number) of Sol Mobiles is U74110MH2006PTC165162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sol Mobiles has 7 court cases on record: 7 filed by the company. 1 is pending. Most are in the high courts.

Sol Mobiles was incorporated on 17 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.

Sol Mobiles has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹69 Lakh; the latest was in March 2012.

The peers of Sol Mobiles by revenue are Spincotech Private Limited, G.Kumar Electro Private Limited, North Gaints Private Limited, Hotspot Retail Private Limited, Element14 India Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).

Deepali Avinash Gandhi was appointed as Director on 01 Aug 2021. Pratik Vinay Gandhi ceased to be Additional Director on 31 Dec 2020. Pravinchandra Ichchalal Gandhi ceased to be Director Appointed In Casual Vacancy on 21 May 2020. Sol Mobiles has 11 board changes on record in total.

Yes, Sol Mobiles is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0066473).

Sol Mobiles has 4 MSME Form 1 returns on record between 2021 and 2023, listing 14 overdue payments to 4 micro and small suppliers. The latest return was filed on 02 Dec 2023.