Solacon Solutions Private Limited
About Solacon Solutions Private Limited
Data last updated:
Solacon Solutions Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 28 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2018PTC224893. Its GSTIN is 19AAZCS9162K1Z6 (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Rakesh Kumar Singh and Asim Mukherjee.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.19 Cr, a growth of 139% compared to the previous year. For the same year it recorded a net profit of ₹88,524 (net margin 0.3%) and EBITDA of ₹1.29 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSourav Apartment 2nd Floor Flat No – 7, 150 Chandar Village Road, Kolkata, West Bengal, India – 700082
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Solacon Solutions Private Limited
The main business activity of Solacon Solutions is other service activities. In detail, this covers activities of membership organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations | 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 Solacon Solutions Private Limited FY 2024 filings available
Solacon Solutions Private Limited reported revenue of ₹3.19 Cr (up 139% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Solacon Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 41% over three years, including 139% growth in the latest year. EBITDA rose 148% 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 Solacon Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹88,524 | •••• | •••• | •••• | •••• |
| 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 Solacon Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Solacon Solutions are in the company report.
Financial statements from FY 2018
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.
Auditor Details of Solacon Solutions Private Limited
Solacon Solutions Private Limited is audited by SAIBAL SENGUPTA for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAIBAL SENGUPTA | 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 Solacon Solutions Private Limited
Solacon Solutions 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 |
|---|---|---|---|---|
| Rakesh Kumar Singh Also directs: Mullick Air Conditioning Company Pvt Ltd | Additional Director | 27 Jul 2020 | 6 Years 2 Months | Current |
| Asim Mukherjee | Additional Director | 16 Mar 2024 | 2 Years 6 Months | Current |
Ownership and Shareholding of Solacon Solutions 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 Solacon Solutions Private Limited
Solacon Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Solacon Solutions Private Limited
Employment history and EPFO contributions of people linked to Solacon Solutions.
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.
Recent Activity on Solacon Solutions Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Solacon Solutions 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 Solacon Solutions 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 Solacon Solutions 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 Solacon Solutions Private Limited
Solacon Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAZCS9162K1Z6 | West Bengal | Active | 06 Jun 2018 |
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 Solacon Solutions 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 Solacon Solutions Private Limited
Solacon Solutions is an active private limited company based in Kolkata, West Bengal, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 28 February 2018 (8+ years old) and is registered under CIN U74999WB2018PTC224893.
Solacon Solutions reported revenue of ₹3.19 Cr for FY 2024 (up 139% YoY).
Solacon Solutions has 2 current directors:
- Rakesh Kumar Singh - Additional Director
- Asim Mukherjee - Additional Director
Solacon Solutions reported a net profit of ₹88,524 (net margin 0.3%) and EBITDA of ₹1.29 Lakh (EBITDA margin 0.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solacon Solutions is 41% over three years. In the latest year (FY 2024) revenue rose 139%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solacon Solutions is 19AAZCS9162K1Z6, registered in West Bengal.
The CIN (Corporate Identification Number) of Solacon Solutions is U74999WB2018PTC224893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solacon Solutions was incorporated on 28 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kolkata.
The registered office of Solacon Solutions is at Sourav Apartment 2nd Floor Flat No – 7, 150 Chandar Village Road, Kolkata, West Bengal, India – 700082.