Solan Energy Saving Products Private Limited
About Solan Energy Saving Products Private Limited
Data last updated:
Solan Energy Saving Products Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 09 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL2004PTC130465. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹70 Lakh. It is led by directors including Nihit Vohra and Pramod Vohra.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 65 Godavari Apartment Alaknanda, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.83 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹60.68 Lakh and EBITDA of ₹1.18 Lakh (EBITDA margin 12.1%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years.
As per MCA filings, the company has open charges of ₹7.1 Cr and satisfied charges of ₹3.15 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Solan Energy Saving Products Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address65 Godavari Apartment Alaknanda, New Delhi, Delhi, India – 110019
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Solan Energy Saving Products 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
Business activity
The main business activity of Solan Energy Saving Products is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Solan Energy Saving Products Private Limited, buy the company report.
Financials of Solan Energy Saving Products Private Limited
FY 2019 filings availableSolan Energy Saving Products Private Limited reported revenue of ₹9.83 Lakh (down 63% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 78% over three years, including a 63% fall in the latest year. EBITDA rose 105% 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.83 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹60.68 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
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| Inventories | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | |||||
| 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 Solan Energy Saving Products Private Limited, buy the company report.
Board of directors of Solan Energy Saving Products Private Limited
Solan Energy Saving Products has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nihit Vohra | Director | 16 Jun 2012 | 14 Years 4 Months | Current |
| Pramod Vohra | Director | 09 Nov 2004 | 22 Years 0 Months | Current |
| Sapna Vohra | Director | 09 Nov 2004 | 22 Years 0 Months | Current |
Auditor
Solan Energy Saving Products Private Limited is audited by MEHTA NANDA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA NANDA & CO | FY 2019 | 008788N |
Shareholding
The shareholding of Solan Energy Saving Products Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Solan Energy Saving Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2015 | 10594897 | Corporation Bank | ₹4.5 Cr | Open | |
| 05 Feb 2013 | 10404168 | Corporation Bank | ₹2.6 Cr | Open | |
| 12 Nov 2009 | 10191454 | Punjab National Bank | ₹3.63 Lakh | Satisfied | |
| 01 Oct 2009 | 10181341 | Punjab National Bank | ₹45 Lakh | Satisfied | |
| 01 Oct 2009 | 10181342 | Punjab National Bank | ₹1 Cr | Satisfied |
To see the full charge records of Solan Energy Saving Products Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Solan Energy Saving Products Private Limited has 5 court cases on record: 1 filed by Solan Energy Saving Products, 4 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S RBL Bank Ltd | Disposed |
| District court, Solan, Himachal Pradesh | Court case (Suit For Recovery) | Filed by the company against Ms Gupta Traders | Pending |
| District court, West, Delhi | Criminal case | Filed against the company by Corporation Bank | Disposed |
| District court, Solan, Himachal Pradesh | Court case (Rent Case) | Filed against the company by Himachal Pradesh Electronic Development Corporation Ltd. | Disposed |
To see the full case history of Solan Energy Saving Products Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solan Energy Saving Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solan Energy Saving Products Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Solan Energy Saving Products has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Solan Energy Saving Products Private Limited, buy the company report.
Recent activity
Solan Energy Saving Products Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Nihit Vohra was appointed as Director on 16 Jun 2012.
12 earlier events are in the company report.
Frequently asked questions
Solan Energy Saving Products is an active private limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 09 November 2004 (22+ years old) and is registered under CIN U31909DL2004PTC130465.
Solan Energy Saving Products has 3 current directors:
- Nihit Vohra - Director
- Pramod Vohra - Director
- Sapna Vohra - Director
The latest financial statements of Solan Energy Saving Products on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Solan Energy Saving Products has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Solan Energy Saving Products is U31909DL2004PTC130465. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solan Energy Saving Products has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending.
Solan Energy Saving Products was incorporated on 09 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Nihit Vohra was appointed as Director on 16 Jun 2012. Pramod Vohra was appointed as Director on 09 Nov 2004. Sapna Vohra was appointed as Director on 09 Nov 2004.
The registered office of Solan Energy Saving Products is at 65 Godavari Apartment Alaknanda, New Delhi, Delhi, India – 110019.
Solan Energy Saving Products operates in the consumer electronics and durables industry, in the electronics manufacturing segment.
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