Solace Enterprises Private Limited

Solace Enterprises Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900PN2013PTC148009 Incorporated 05 July 2013 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2025
₹8.31 Cr
▼ 21% YoY
Net profit · FY 2025
₹1.5 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹24.88 Lakh
EBITDA margin 3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹46.5 Lakh
Satisfied ₹10 Lakh
Company age
13 yrs
Est. 2013
Employees · EPFO
18
Provident fund records

About Solace Enterprises Private Limited

Data last updated:

Solace Enterprises Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 05 July 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2013PTC148009. Its GSTIN is 27AATCS3964R1Z3 (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jeetendra Dinkar Deshmukh and Smita Jeetendra Deshmukh.

Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kamalanehru Park, Pune, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹8.31 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.5 Lakh (net margin 0.2%) and EBITDA of ₹24.88 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 12% over five years.

The company has about 18 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹46.5 Lakh and satisfied charges of ₹10 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

Solace Enterprises Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0026319). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solacepl.com.

Company details

CIN U74900PN2013PTC148009
Registration Number 148009
Incorporation Date 05 July 2013
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0026319

Recognitions & Rankings of Solace Enterprises

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0026319

Contact details

Solace Enterprises Private Limited's registered office is in Pune, Maharashtra. Its website is solacepl.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Flat No. B – 3 Wing – B Cts No. 94/2, Ghodake Classic Apartment Nr. Kamalanehru Park, Pune, Maharashtra, India – 411004
  • Industry
    Information Technology, IT Products Retail & Distribution

To see the full contact details of Solace Enterprises Private Limited, buy the company report.

Comprehensive company report
Solace Enterprises 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 Solace Enterprises is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles47Retail trade, except of motor vehicles and motorcycles

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

Financials of Solace Enterprises Private Limited

FY 2025 filings available

Solace Enterprises Private Limited reported revenue of ₹8.31 Cr (down 21% YoY) for FY 2025.

Revenue · FY 2025
₹8.31 Cr ▼ 21%
Net profit · FY 2025
₹1.5 Lakh margin 0.2%
EBITDA · FY 2025
₹24.88 Lakh margin 3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 35%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 40%
3 years · compounded
▲ 36%
5 years · compounded
▲ 14%

Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 40% 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₹24.88 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.5 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3%
Net Profit Margin0.2%
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 Solace Enterprises Private Limited, buy the company report.

Board of directors of Solace Enterprises Private Limited

Solace Enterprises has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jeetendra Dinkar DeshmukhDirector07 May 201511 Years 5 MonthsCurrent
Smita Jeetendra DeshmukhAdditional Director15 Apr 20251 Years 6 MonthsCurrent

Auditor

Solace Enterprises Private Limited is audited by SHARAD A VAZE & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SHARAD A VAZE & COFY 20231099118W

Shareholding

The shareholding of Solace Enterprises 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 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Solace Enterprises Private Limited, buy the company report.

Charges & borrowings

Open charges
₹46.5 Lakh
Satisfied charges
₹10 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹0.35 Cr
Others₹0.12 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Dec 2018100226086Hdfc Bank Limited₹35 LakhOpen
22 Jun 2018100188216Others₹11.5 LakhOpen
03 Mar 2016100021789Others₹5 LakhSatisfied
31 Mar 201510565570Cosmos Co-Operative Bank₹5 LakhSatisfied

To see the full charge records of Solace Enterprises Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Solace Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Solace Enterprises Private Limited has a workforce of 18 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
18
Active EPFO establishments
1
Employee growth
80%

GST

Solace Enterprises has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AATCS3964R1Z3MaharashtraActive01 Jul 2017

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

Recent activity

Solace Enterprises Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Dheeraj Santosh Gupta ceased to be Director on 15 Apr 2025.

AGM
Solace Enterprises Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Ceased
Dheeraj Santosh Gupta ceased to be Director.
Appointed
Smita Jeetendra Deshmukh was appointed as Additional Director.
Filing
Solace Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Vijay Madhav Rekhi ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 35.00 Lakh with Charge ID 100226086 was registered on 31 Dec 2018.
Charges
A charge with Others amounted to Rs. 11.50 Lakh with Charge ID 100188216 was registered on 22 Jun 2018.
Charges
A charge registered on 03 Mar 2016 via Charge ID 100021789 with Others was fully satisfied on 05 Apr 2018.
Charges
A charge registered on 31 Mar 2015 via Charge ID 10565570 with Cosmos Co-Operative Bank was fully satisfied on 05 Apr 2018.
Charges
A charge with Others amounted to Rs. 5.00 Lakh with Charge ID 100021789 was registered on 03 Mar 2016.
Ceased
Jeetendra Dinkar Deshmukh ceased to be Additional Director.
Appointed
Jeetendra Dinkar Deshmukh was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Solace Enterprises is an active private limited company based in Pune, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 05 July 2013 (13+ years old) and is registered under CIN U74900PN2013PTC148009.

Solace Enterprises has 2 current directors:

The latest financial statements of Solace Enterprises on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Solace Enterprises is 27AATCS3964R1Z3, registered in Maharashtra.

The CIN (Corporate Identification Number) of Solace Enterprises is U74900PN2013PTC148009. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solace Enterprises has 1 court case on record: 1 filed by the company. 1 is pending.

Solace Enterprises was incorporated on 05 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.

Dheeraj Santosh Gupta ceased to be Director on 15 Apr 2025. Smita Jeetendra Deshmukh was appointed as Additional Director on 15 Apr 2025. Vijay Madhav Rekhi ceased to be Director on 30 Nov 2021. Solace Enterprises has 5 board changes on record in total.

Yes, Solace Enterprises is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0026319).

Solace Enterprises can be reached through the website solacepl.com. Its registered office is in Pune, Maharashtra, India.