Solace Healthcare Private Limited - Company Profile

It is a healthcare private limited company based in Vadodara, Gujarat, India, established in 2011.

2011 Vadodara, Gujarat, India Active

Last Updated: February 10, 2026

About Solace Healthcare Private Limited

Solace Healthcare Private Limited, a active private limited company, was established on 13 October 2011 in Vadodara, Gujarat, India. Engaging in hospitals within the hospital and medical care sector, it holds CIN: U85110GJ2011PTC067454. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.74 Cr.

It upholds a compliant status. Employing 151 professional, Its leadership includes Pallaviben Kiran Patel (Director), Kiran Chhotubhai Patel (Director), Miteshkumar Motibhai Patel (Director). Past directors included Mukeshkumar Navnitlal Jhaveri, Pallaviben Kiran Patel, Kiran Chhotubhai Patel. It holds ₹13.00 Cr open charges and ₹39.48 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Surve No.829,27 Meter Road,Near Shyam Bunglows, Parivar Char Rasta,Waghodia Dabhoi Ring, Rd,, Vadodara, Gujarat, 390019.

Company Details

CIN/LLPIN
U85110GJ2011PTC067454
Registration Number
067454
Incorporation Date
13 October 2011
Authorized Capital
₹3.00 Cr
Paid-Up Capital
₹2.74 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 3.00 Cr as on 10-02-2026
Paid Up Capital ₹ 2.74 Cr as on 10-02-2026
Company Age 14 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 13.00 Cr as on 10-02-2026
Satisfied Charges ₹ 39.48 Cr as on 10-02-2026
Revenue Growth **** 88.97% (FY 2021)
Profit Growth **** 661.97% (FY 2021)
Ebitda **** 1145.75% (FY 2021)
Net Worth 989.40% (FY 2021)
Total Assets **** 7.94% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Solace Healthcare Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Solace Healthcare Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Pallaviben Kiran Patel	Director	28 Mar 2018	Current
Kiran Chhotubhai Patel	Director	28 Mar 2018	Current
Miteshkumar Motibhai Patel	Director	10 Aug 2022	Current
Jeetendra Chaganbhai Patel	Director	05 Feb 2018	Current
Meghna Jeetendra Patel	Director	05 Feb 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	05 Feb 2021	Past
Pramod Abcsdd	Additional Director	29 Sep 2018	Past
Pramod Abcsdd	Additional Director	29 Sep 2018	Past
Pramod Abcsdd	Additional Director	29 Sep 2024	Past
Pramod Abcsdd	Additional Director	29 Sep 2018	Past
Pramod Abcsdd	Director	05 Feb 2021	Past

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Financial Performance of Solace Healthcare.

Solace Healthcare Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 88.97% increase. The company also saw a substantial improvement in profitability, with a 661.97% increase in profit. The company's net worth Soared by an impressive increase of 989.4%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

88.97%

*******

Revenue from Operations

*******

88.97%

*******

Total Assets

*******

7.94%

*******

Profit or Loss

*******

661.97%

*******

Net Worth

*******

989.40%

*******

EBITDA

*******

1145.75%

*******

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What is the Ownership and Shareholding Structure of Solace Healthcare?

In 2021, Solace Healthcare had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹130,000,000.00

Satisfied Charges

₹394,799,500.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 13.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
01 Jul 2022	Hdfc Bank Limited	₹13.00 Cr	Open
13 Apr 2015	Siemens Financial Services Private Limited	₹1.26 Cr	Satisfied
27 Mar 2015	Siemens Financial Services Private Limited	₹6.13 M	Satisfied
25 Mar 2015	Siemens Financial Services Private Limited	₹3.13 Cr	Satisfied
23 Jan 2014	Bank Of Baroda	₹17.24 Cr	Satisfied

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How Many Employees Work at Solace Healthcare?

Solace Healthcare has a workforce of 151 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Solace Healthcare, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Solace Healthcare's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Solace Healthcare

Recent Activity within the Organization

Annual General Meeting

Progress on Solace Healthcare Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Balance Sheet

Progress on Solace Healthcare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Director Appointment

Miteshkumar Motibhai Patel was appointed as a Director was appointed as a Director on 10 Aug 2022 & has been associated with this company since 3 years 6 months . was recorded as a recent event.
10 Aug 2022
Charges

A charge with Hdfc Bank Limited amounted to Rs. 13.00 Cr with Charge ID 100599176 was registered on 01 Jul 2022. was recorded as a recent event.
01 Jul 2022
Charges

A charge registered on 13 Apr 2015 via Charge ID 10562790 with Siemens Financial Services Private Limited was fully satisfied on 18 Dec 2018. was recorded as a recent event.
18 Dec 2018
Charges

A charge registered on 27 Mar 2015 via Charge ID 10562499 with Siemens Financial Services Private Limited was fully satisfied on 18 Dec 2018. was recorded as a recent event.
18 Dec 2018

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Frequently Asked Questions

What is the CIN of Solace Healthcare Private Limited?

The CIN of Solace Healthcare Private Limited is U85110GJ2011PTC067454.

Where is Solace Healthcare Private Limited headquartered?

Solace Healthcare Private Limited is headquartered at Surve No.829,27 Meter Road,Near Shyam Bunglows, Parivar Char Rasta,Waghodia Dabhoi Ring, Rd,, Vadodara, Gujarat, 390019.

When was Solace Healthcare Private Limited incorporated?

Solace Healthcare Private Limited was incorporated on 13 October 2011.

Who are the current directors of Solace Healthcare Private Limited?

The current directors of Solace Healthcare Private Limited are

What is the primary industry of Solace Healthcare Private Limited?

The primary industry of Solace Healthcare Private Limited is Hospital And Medical Care.

Is Solace Healthcare Private Limited a listed company?

Solace Healthcare Private Limited is unlisted.

What is the capital structure of Solace Healthcare Private Limited?

The authorized capital of Solace Healthcare Private Limited is ₹3.00 Cr, and the paid-up capital is ₹2.74 Cr.

What is the compliance status of Solace Healthcare Private Limited?

The compliance status of Solace Healthcare Private Limited is Compliant.

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