- Udyam number
- UDYAM-MH-18-0066473

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 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.
| CIN | Status |
|---|---|
| U74110MH2006PTC165162 | Current |
| U32204MH2006PTC165162 | Previous |
| U51396MH2006PTC165162 | Previous |
Recognitions & Rankings of Sol Mobiles
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
- Website
- Social Media
- Registered Address204 Koldongri Chs A Wing Building No. 1 Parsiwada Sahar Road Andheri (E), Mumbai, Maharashtra, India – 400099
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Sol Mobiles Private 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
Business activity
The main business activity of Sol Mobiles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale 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 availableSol Mobiles Private Limited reported revenue of ₹433.03 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.2 Cr | ||||
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| Net Profit (PAT) | ₹1.56 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | 0.4% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Rameshchandra Somani Also directs: Sol Com & Trade Private Limited | Director | 28 Sep 2015 | 11 Years 0 Months | Current |
| Deepali Avinash Gandhi Also directs: Handset Hub Private Limited | Director | 01 Aug 2021 | 5 Years 2 Months | Current |
| Tanisha Avinash Gandhi Also directs: Handset Hub Private Limited, Sol Com & Trade Private Limited | Director | 20 Feb 2018 | 8 Years 8 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Cr | 0.4% | -6.0% | 20 | Mumbai, 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 firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Associates LLP | FY 2023 | 116231W/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 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 Sol Mobiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2023 | 100680940 | Others | ₹2 Cr | Open | |
| 16 Mar 2024 | 100900309 | Hdfc Bank Limited | ₹1.97 Cr | Satisfied | |
| 30 Nov 2022 | 100652734 | Others | ₹11 Cr | Satisfied | |
| 28 Nov 2019 | 100324385 | Others | ₹4.5 Cr | Satisfied |
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.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Avinash P Gandhi HUF |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Avinash P Gandhi HUF, an individual |
| Feb 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2010 | Funding round | ₹36.3 Lakh | Investors: Avinash P Gandhi HUF, 3 individuals |
| Feb 2008 | Funding round | ₹32.7 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sol Mobiles Private Limited has 7 court cases on record: 7 filed by Sol Mobiles. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| District courts | 3 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Digiscribe Technology Private Limited and 2 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Samsung India Electronics Private Limited and 10 others | Disposed |
| Bombay High Court | Company petition | Filed by the company against M/S FND Logistics Pvt. Ltd. Cin No. U60232mh2010plc210174 | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against M-S Roma Ventures Pvt Ltd and Other and 1 other | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Union of India | Pending |
To see the full case history of Sol Mobiles Private 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.
Credit ratings & regulatory alerts
Sol Mobiles Private Limited was last rated by Crisil on 26 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 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)
| Supplier | Amount due | Due since | Reported 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.
GST
Sol Mobiles has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF1390A1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 07AABCF1390A1Z7 | Delhi | Active | 01 Jul 2017 |
| 24AABCF1390A1ZB | Gujarat | Active | 01 Jul 2017 |
| 29AABCF1390A1Z1 | Karnataka | Active | 01 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.
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:
- Rajesh Rameshchandra Somani - Director
- Deepali Avinash Gandhi - Director
- Tanisha Avinash Gandhi - Director
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.