Sol Telecom Private Limited
About Sol Telecom Private Limited
Data last updated:
Sol Telecom Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the telecom service providers segment of the telecommunications sector. It was incorporated on 23 April 2004.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U64202TG2004PTC043125. Its GSTIN is 36AAICS2202D1ZV (Telangana).
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.62 Cr. It was formerly known as Speedolink Mobiletech Private Limited and Sole Telecom Private Limited. It was led by directors Nagender Swamy and Vinod Raosaheb Satpute.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.81 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹49.29 Lakh (net margin -17.5%) and EBITDA of -₹44.99 Lakh (EBITDA margin -16%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 16% over five years.
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- Registered Address6 – 3 – 347/22/2 1st Floor Flat No 3 Aishwaraya Nilayam Dwarakapuri Colony Pa, Njagutta, Hyderabad, Telangana, India – 500082
- IndustryTelecom, Telecom Service Providers
- 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 of Sol Telecom Private Limited
The main business activity of Sol Telecom is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sol Telecom Private Limited FY 2021 filings available
Sol Telecom Private Limited reported revenue of ₹2.81 Cr (down 31% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Sol Telecom Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 31% fall in the latest year. EBITDA fell 623% 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 of Sol Telecom Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | -₹44.99 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹49.29 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 of Sol Telecom Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -17.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sol Telecom are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sol Telecom Private Limited
Sol Telecom Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Telecom Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ambey Durga IT Solutions Private Limited | ₹2.9 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Bareilly, Uttar Pradesh, India |
| Gcare Service Solutions Private Limited | ₹2.9 Cr (FY 2025) | •••• | •••• | 141.0% | •••• | Delhi, India |
| Kush Mud Solutions Private Limited | ₹2.85 Cr (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Inative Networks Private Limited | ₹2.85 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Ansh Telematics Private Limited | ₹2.81 Cr (FY 2020) | •••• | •••• | -82.0% | •••• | Delhi, India |
| Sol Telecom Private Limited this company | ₹2.81 Cr (FY 2020) | •••• | •••• | -31.0% | •••• | Hyderabad, Telangana, India |
| Radhika Electrotech Private Limited | ₹2.8 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Jaipur, Rajasthan, India |
| Suyog Technomatrix India Limited | ₹2.78 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Axletree Solutions India Private Limited | ₹2.77 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Chennai, Tamil Nadu, India |
| Spurlink Teleservices Private Limited | ₹2.76 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Mohali, Punjab, India |
| Zentix Telecommunications Private Limited | ₹2.75 Cr (FY 2024) | •••• | •••• | 662.0% | •••• | Malappuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Sol Telecom by revenue in the Telecom industry (Telecom Service Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sol Telecom Private Limited
Sol Telecom Private Limited is audited by K RAMBABU & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K RAMBABU & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sol Telecom Private Limited
Sol Telecom has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagender Swamy | Director | 06 Jul 2020 | 6 Years 3 Months | As last reported |
| Vinod Raosaheb Satpute | Director | 31 Oct 2016 | 9 Years 11 Months | As last reported |
Ownership and Shareholding of Sol Telecom Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sol Telecom Private Limited
Sol Telecom Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sol Telecom Private Limited
Employment history and EPFO contributions of people linked to Sol Telecom.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Sol Telecom Private Limited
Sol Telecom has undergone 2 name changes throughout its history. The company was previously known as Speedolink Mobiletech Private Limited, and Sole Telecom Private Limited. The current legal name is Sol Telecom Private Limited.
| Company Name | Status |
|---|---|
| Sol Telecom Private Limited | Current |
| Speedolink Mobiletech Private Limited | Previous |
| Sole Telecom Private Limited | Previous |
CIN History of Sol Telecom Private Limited
Sol Telecom has one previous CIN (Corporate Identification Number): U64202AP2004PTC043125. The current CIN is U64202TG2004PTC043125, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64202TG2004PTC043125 | Current |
| U64202AP2004PTC043125 | Previous |
Recent Activity on Sol Telecom Private Limited
Sol Telecom Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Jayesh Pravinchandra Gandhi ceased to be Additional Director on 30 Jul 2020.
Credit Ratings, Litigation & Regulatory Alerts for Sol Telecom Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sol Telecom Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sol Telecom Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sol Telecom Private Limited
Sol Telecom has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICS2202D1ZV | Telangana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sol Telecom Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sol Telecom Private Limited
Sol Telecom has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sol Telecom was a private limited company based in Hyderabad, Telangana, India. The company worked in telecom service providers, within the telecom industry. It was incorporated on 23 April 2004 and is registered under CIN U64202TG2004PTC043125. The company has been struck off by the Registrar of Companies and is no longer operational.
Sol Telecom had 2 directors:
- Nagender Swamy - Director
- Vinod Raosaheb Satpute - Director
The CIN (Corporate Identification Number) of Sol Telecom is U64202TG2004PTC043125. 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 Sol Telecom is at 6 – 3 – 347222 1st Floor Flat No 3 Aishwaraya Nilayam Dwarakapuri Colony Pa, Njagutta, Hyderabad, Telangana, India – 500082.
Sol Telecom was incorporated on 23 April 2004. It is registered with the Registrar of Companies, Hyderabad.
Sol Telecom reported revenue of ₹2.81 Cr for FY 2020 (down 31% YoY).
Sol Telecom has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.62 Cr.
Sol Telecom reported a net loss of ₹49.29 Lakh (net margin -17.5%) and EBITDA of -₹44.99 Lakh (EBITDA margin -16%) for FY 2020, as per its filed financial statements.
The GSTIN of Sol Telecom is 36AAICS2202D1ZV, registered in Telangana.
Sol Telecom operated in the telecom industry, in the telecom service providers segment. It worked in this industry before it was struck off.