Solace Tradecom Private Limited
About Solace Tradecom Private Limited
Data last updated:
Solace Tradecom Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 22 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74140WB2009PTC137059.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Runali Nag and Nirmalya Nag.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 36B/1 Kalidas Patitundi Lane, Kolkata, West Bengal, India – 700026.
As per the financials filed for FY 2023, the company reported a revenue of ₹26,810, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹5,444 (net margin 20.3%) and EBITDA of ₹6,454 (EBITDA margin 24.1%).
As per MCA filings, the company has open charges of ₹1.55 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Solace Tradecom Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address36B/1 Kalidas Patitundi Lane, Kolkata, West Bengal, India – 700026
- IndustryFashion and Textile, Traditional & Ethnic Wear
To see the full contact details of Solace Tradecom 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
Financials of Solace Tradecom Private Limited
FY 2023 filings availableSolace Tradecom Private Limited reported revenue of ₹26,810 (up 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26,810 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6,454 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5,444 | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.1% | ||||
| Net Profit Margin | 20.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Tradecom Private Limited, buy the company report.
Board of directors of Solace Tradecom Private Limited
Solace Tradecom has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Runali Nag | Additional Director | 08 Jan 2018 | 8 Years 10 Months | Current |
| Nirmalya Nag | Additional Director | 08 Jan 2018 | 8 Years 10 Months | Current |
Auditor
Solace Tradecom Private Limited is audited by AMITAVA BANIK AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMITAVA BANIK AND ASSOCIATES | FY 2023 | 319224E |
Shareholding
The shareholding of Solace Tradecom 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 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solace Tradecom Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Feb 2018 | 100193153 | Others | ₹1.55 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Solace Tradecom 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 Tradecom 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 Tradecom Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Solace Tradecom Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Kashi Jhunjhunwala Prasad ceased to be Director on 29 Mar 2018.
Frequently asked questions
Solace Tradecom is an active private limited company based in Kolkata, West Bengal, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 22 July 2009 (17+ years old) and is registered under CIN U74140WB2009PTC137059.
Solace Tradecom has 2 current directors:
- Runali Nag - Additional Director
- Nirmalya Nag - Additional Director
The latest financial statements of Solace Tradecom on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Solace Tradecom is U74140WB2009PTC137059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solace Tradecom was incorporated on 22 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
Kashi Jhunjhunwala Prasad ceased to be Director on 29 Mar 2018. Sanjay Jhunjhunwala ceased to be Director on 29 Mar 2018. Nirmalya Nag was appointed as Additional Director on 08 Jan 2018. Solace Tradecom has 5 board changes on record in total.
The registered office of Solace Tradecom is at 36B1 Kalidas Patitundi Lane, Kolkata, West Bengal, India – 700026.
Solace Tradecom operates in the fashion and textile industry, in the traditional and ethnic wear segment.
Solace Tradecom has open charges of ₹1.55 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Solace Tradecom is active non-compliant as of 21 July 2026. The company is actively filing with the Registrar of Companies.
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