MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KL-06-0007189
Solace Medicare Private Limited
Solace Medicare Private Limited - healthcare in Kozhikode, Kerala, India. Directors, charges & compliance details.
Revenue · FY 2022
₹1.05 Lakh
Latest filing
Net loss · FY 2022
₹32.96 Lakh
Latest filing
EBITDA · FY 2022
-₹32.83 Lakh
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Last financials
Mar 2022
Balance sheet date
About Solace Medicare Private Limited
Data last updated:
Solace Medicare Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the healthcare services segment of the healthcare sector. It was incorporated on 08 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U85100KL2021PTC067897.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sayed Thaha Bafakhy Hilal Manzil (Managing Director) and Vignesh Kaniyamkandiparamba Dinesh.
Its last annual general meeting (AGM) was held on 31 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Cabin No.4 Door No. 2/1149/A115 6th Floor Hilite Business Park Thondayad Bypass, Kozhikode, Kerala, India – 673014.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.05 Lakh. For the same year it recorded a net loss of ₹32.96 Lakh and EBITDA of -₹32.83 Lakh.
Solace Medicare Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-06-0007189).
Company details
CIN U85100KL2021PTC067897
Registration Number 067897
Incorporation Date 08 March 2021
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2022
Date of Balance Sheet 31 March 2022
MSME Classification Micro
Udyam Registration UDYAM-KL-06-0007189
Key People
Sayed Thaha Bafakhy Hilal Manzil Managing Director Vignesh Kaniyamkandiparamba Dinesh Additional Director Niyas Additional Director Recognitions & Rankings of Solace Medicare
Contact details
Solace Medicare Private Limited's registered office is in Kozhikode, Kerala.
- Registered AddressCabin No.4 Door No. 2/1149/A115 6th Floor Hilite Business Park Thondayad Bypass, Kozhikode, Kerala, India – 673014
- IndustryHealthcare, Human Health Activities
Comprehensive company report
Solace Medicare 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 Medicare is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Solace Medicare Private Limited, buy the company report.
Financials of Solace Medicare Private Limited
FY 2022 filings availableSolace Medicare Private Limited reported revenue of ₹1.05 Lakh for FY 2022.
Revenue · FY 2022
₹1.05 Lakh
Net loss · FY 2022
₹32.96 Lakh
EBITDA · FY 2022
-₹32.83 Lakh
Financial Statement Summary
| Metrics | FY 2021-22 | FY 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 | -₹32.83 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹32.96 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
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| 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 Medicare Private Limited, buy the company report.
Board of directors of Solace Medicare Private Limited
Solace Medicare has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vignesh Kaniyamkandiparamba Dinesh Also directs: VKD Ventures LLP | Additional Director | 04 Aug 2023 | 3 Years 2 Months | Current |
| Niyas Also directs: Admar Ventures (OPC) Private Limited, Eazydrafts Private Limited | Additional Director | 04 Aug 2023 | 3 Years 2 Months | Current |
| Sayed Thaha Bafakhy Hilal Manzil | Managing Director | 08 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Solace Medicare Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Redimax Health Care Private Limited | ₹1.06 Lakh (FY 2022) | -77.0% | Delhi, India | |||
| Ayush Valley Holistic Wellness Private Limited | ₹1.06 Lakh (FY 2024) | Edappally, Kerala, India | ||||
| Majesty Rural Health Organisation | ₹1.05 Lakh (FY 2016) | Haldia, West Bengal, India | ||||
| Canvet Medicare Private Limited | ₹1.05 Lakh (FY 2023) | -96.0% | Delhi, India | |||
| Kendula Pharmaceuticals Private Limited | ₹1.05 Lakh (FY 2025) | Patna, Bihar, India | ||||
| Solace Medicare Private Limitedthis company | ₹1.05 Lakh (FY 2022) | -₹32.96 Lakh | Kozhikode, Kerala, India | |||
| Zeyar Global Healthcare Private Limited | ₹1.05 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Aia Healthcare Private Limited | ₹1.05 Lakh (FY 2025) | 71.0% | Delhi, India | |||
| Piyush Nutripharma (OPC) Private Limited | ₹1.05 Lakh (FY 2025) | -95.0% | Saswad, Maharashtra, India | |||
| Prajini Foundation | ₹1.05 Lakh (FY 2021) | Hisar, Haryana, India | ||||
| Appit Medicare Private Limited | ₹1.05 Lakh (FY 2016) | Pune, Maharashtra, India |
To see the full peer comparison of Solace Medicare Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Solace Medicare Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solace Medicare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Solace Medicare Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Solace Medicare Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Sheeba Sayed Thaha ceased to be Director on 02 Sep 2023.
Ceased
Sheeba Sayed Thaha ceased to be Director.
Appointed
Niyas was appointed as Additional Director.
Appointed
Vignesh Kaniyamkandiparamba Dinesh was appointed as Additional Director.
AGM
Solace Medicare Private Limited last Annual general meeting of members was held on 31 Dec 2022 as per latest MCA records.
Filing
Solace Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.
Appointed
Sayed Thaha Bafakhy Hilal Manzil was appointed as Managing Director.
Incorporation
08 Mar 2021
Solace Medicare Private Limited was registered on 08 Mar 2021 with Roc Ernakulam & aged 5 years 7 months as per MCA records.
Frequently asked questions
Solace Medicare is an active private limited company based in Kozhikode, Kerala, India. The company works in human health activities, within the healthcare industry. It was incorporated on 08 March 2021 (5+ years old) and is registered under CIN U85100KL2021PTC067897.
Solace Medicare has 3 current directors:
- Sayed Thaha Bafakhy Hilal Manzil - Managing Director
- Vignesh Kaniyamkandiparamba Dinesh - Additional Director
- Niyas - Additional Director
The latest financial statements of Solace Medicare on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 December 2022. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Solace Medicare is U85100KL2021PTC067897. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solace Medicare was incorporated on 08 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Solace Medicare by revenue are Redimax Health Care Private Limited, Ayush Valley Holistic Wellness Private Limited, Majesty Rural Health Organisation, Canvet Medicare Private Limited, Kendula Pharmaceuticals Private Limited and 5 more, all in the same principal business activity (other hospital and medical care activities).
Sheeba Sayed Thaha ceased to be Director on 02 Sep 2023. Niyas was appointed as Additional Director on 04 Aug 2023. Vignesh Kaniyamkandiparamba Dinesh was appointed as Additional Director on 04 Aug 2023. Solace Medicare has 4 board changes on record in total.
Yes, Solace Medicare is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-06-0007189).
The registered office of Solace Medicare is at Cabin No.4 Door No. 21149A115 6th Floor Hilite Business Park Thondayad Bypass, Kozhikode, Kerala, India – 673014.
Solace Medicare operates in the healthcare industry, in the human health activities segment.
Solace Medicare can be reached at its registered office: Cabin No.4 Door No. 21149A115 6th Floor Hilite Business Park Thondayad Bypass, Kozhikode, Kerala, India – 673014.
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