MSME (Udyam registered) Ministry of MSME
- Category
- Small (2020-21)
- Udyam number
- UDYAM-HP-11-0002194
Solan Spinning Mills Private Limited
Solan Spinning Mills Private Limited - manufacturing in Baddi, Himachal Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹34.57 Cr
▲ 4% YoY
Net profit · FY 2025
₹85,134
Net margin 0%
EBITDA · FY 2025
₹1.86 Cr
EBITDA margin 5.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.82 Cr
Issued & subscribed
Open charges
₹7.15 Cr
Satisfied ₹17.67 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
37
Provident fund records
About Solan Spinning Mills Private Limited
Data last updated:
Solan Spinning Mills Private Limited is a private limited company based in Baddi, Himachal Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U51311HP2003PTC000436. Its GSTIN is 02AAHCS4533J2ZF (Himachal Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.82 Cr. It is led by directors including Arvind Kumar Arora (Whole-Time Director) and Sansar Singh Sirohi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Village Malpur P.O. Bhud, Baddi, Himachal Pradesh, India – 173205.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.57 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹85,134 (net margin 0%) and EBITDA of ₹1.86 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 1% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.15 Cr and satisfied charges of ₹17.67 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 5 cases are pending.
Solan Spinning Mills Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0002194). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51311HP2003PTC000436
Registration Number 000436
Incorporation Date 05 August 2003
ROC Himachal Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HP-11-0002194
CIN history
Solan Spinning Mills has one previous CIN (Corporate Identification Number): U51311DL2003PTC121646. The current CIN is U51311HP2003PTC000436, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51311HP2003PTC000436 | Current |
| U51311DL2003PTC121646 | Previous |
Key People
Arvind Kumar Arora Whole-Time Director Sansar Singh Sirohi Whole-Time Director Sushila Singh Director Recognitions & Rankings of Solan Spinning Mills
Contact details
Solan Spinning Mills Private Limited's registered office is in Baddi, Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVillage Malpur P.O. Bhud, Baddi, Himachal Pradesh, India – 173205
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Solan Spinning Mills Private Limited, buy the company report.
Comprehensive company report
Solan Spinning Mills 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 Solan Spinning Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Solan Spinning Mills Private Limited, buy the company report.
Financials of Solan Spinning Mills Private Limited
FY 2025 filings availableSolan Spinning Mills Private Limited reported revenue of ₹34.57 Cr (up 4% YoY) for FY 2025.
Revenue · FY 2025
₹34.57 Cr ▲ 4%
Net profit · FY 2025
₹85,134 margin 0%
EBITDA · FY 2025
₹1.86 Cr margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 18%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 7%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 4% growth in the latest year. EBITDA rose 6% 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 2024-25 | FY 2023-24 | FY 2022-23 | 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 | ₹1.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹85,134 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 0% | ||||
| 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 Solan Spinning Mills Private Limited, buy the company report.
Board of directors of Solan Spinning Mills Private Limited
Solan Spinning Mills has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Kumar Arora | Whole-Time Director | 01 Jan 2008 | 18 Years 10 Months | Current |
| Sushila Singh | Director | 11 Dec 2023 | 2 Years 10 Months | Current |
| Sansar Singh Sirohi | Whole-Time Director | 05 Aug 2003 | 23 Years 3 Months | Current |
| Mithlesh Arora | Director | 21 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Solan Spinning Mills Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhimraj Syntex Private Limited | ₹34.76 Cr (FY 2024) | 2.0% | Mumbai, Maharashtra, India | |||
| Sri Ganapathymurugan Spinning Mills Private Limited | ₹34.72 Cr (FY 2025) | 1.0% | Coimbatore, Tamil Nadu, India | |||
| Enkay Texfab Private Limited | ₹34.61 Cr (FY 2023) | 31.0% | Mumbai, Maharashtra, India | |||
| Solan Spinning Mills Private Limitedthis company | ₹34.57 Cr (FY 2025) | ₹85,134 | 0% | 4.0% | 37 | Baddi, Himachal Pradesh, India |
| Shri Vas Spinners (India) Private Limited | ₹34.56 Cr (FY 2025) | -13.0% | Coimbatore, Tamil Nadu, India | |||
| Radha Madhav Garments Private Limited | ₹34.55 Cr (FY 2025) | 8.0% | Delhi, India | |||
| Sirsa Felts Private Limited | ₹34.55 Cr (FY 2025) | -5.0% | Sirsa, Haryana, India |
To see the full peer comparison of Solan Spinning Mills Private Limited, buy the company report.
Auditor
Solan Spinning Mills Private Limited is audited by Bhutoria Ganesan & Co.Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhutoria Ganesan & Co.Associates | FY 2023 | 004465C |
Shareholding
The shareholding of Solan Spinning Mills 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solan Spinning Mills Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.15 Cr
Satisfied charges
₹17.67 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2005 | 90044772 | Others | ₹7.15 Cr | Open | |
| 13 Jul 2020 | 100360909 | Others | ₹70 Lakh | Satisfied | |
| 13 Jul 2020 | 100360911 | Others | ₹1.41 Cr | Satisfied | |
| 13 Mar 2019 | 100252297 | Others | ₹6.17 Lakh | Satisfied | |
| 10 Jul 2017 | 100120413 | Hdfc Bank Limited | ₹8.9 Cr | Satisfied |
To see the full charge records of Solan Spinning Mills Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Solan Spinning Mills Private Limited has 9 court cases on record: 5 filed by Solan Spinning Mills, 4 filed against it. 5 cases are pending and 4 are disposed.
Total cases
9
Filed by the company
5
Filed against the company
4
Pending
5
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
| High courts | 4 | 0 | 3 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Institute of Chartered Accountants of India and Anr | Disposed |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against The State of HP and Others(Not Applicable) | Pending |
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against The State of HP and Others(Not Applicable) and 4 others | Pending |
| District court, Central, Delhi | Civil suit | Filed against the company by an individual | Pending |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by an individual | Pending |
To see the full case history of Solan Spinning Mills 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.
Credit ratings & regulatory alerts
Solan Spinning Mills Private Limited was last rated by Care on 31 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 31 Dec 2021 |
To see the full credit ratings and regulatory alerts of Solan Spinning Mills Private Limited, buy the company report.
MSME payment delays
Solan Spinning Mills Private Limited has 7 MSME Form 1 returns on record between 2019 and 2021, listing 121 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Habasit India Private Limited | |||
| Franstek Belts Private Limited | |||
| Asian Industries | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Solan Spinning Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Solan Spinning Mills Private Limited has a workforce of 37 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
-7.5%
GST
Solan Spinning Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAHCS4533J2ZF | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solan Spinning Mills Private Limited, buy the company report.
Recent activity
Solan Spinning Mills Private Limited has 16 board changes on record since 2003: 4 appointments and 12 cessations. The latest: Sushila Singh ceased to be Additional Director on 22 Sep 2024.
AGM
Solan Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solan Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Himachal Pradesh.
Ceased
Sushila Singh ceased to be Additional Director.
Appointed
Sushila Singh was appointed as Director.
Charges
A charge with Others of Rs. 7.15 Cr registered on 15 Jun 2005 with Charge ID 90044772 was modified on 27 Oct 2023.
Ceased
Mithlesh Arora ceased to be Additional Director.
Ceased
Deepak Maini ceased to be Director.
Appointed
Mithlesh Arora was appointed as Director.
Charges
A charge registered on 13 Jul 2020 via Charge ID 100360909 with Others was fully satisfied on 09 Dec 2021.
Charges
A charge registered on 13 Jul 2020 via Charge ID 100360911 with Others was fully satisfied on 09 Dec 2021.
Charges
A charge registered on 13 Mar 2019 via Charge ID 100252297 with Others was fully satisfied on 02 Dec 2020.
Charges
A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100360909 was registered on 13 Jul 2020.
35 earlier events are in the company report.
Frequently asked questions
Solan Spinning Mills is an active private limited company based in Baddi, Himachal Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 05 August 2003 (23+ years old) and is registered under CIN U51311HP2003PTC000436.
Solan Spinning Mills has 4 current directors:
- Arvind Kumar Arora - Whole-Time Director
- Sansar Singh Sirohi - Whole-Time Director
- Sushila Singh - Director
- Mithlesh Arora - Director
The latest financial statements of Solan Spinning Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Solan Spinning Mills is 02AAHCS4533J2ZF, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Solan Spinning Mills is U51311HP2003PTC000436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solan Spinning Mills has 9 court cases on record: 5 filed by the company and 4 filed against it. 5 are pending. Most are in the district courts.
Solan Spinning Mills was incorporated on 05 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Solan Spinning Mills by revenue are Bhimraj Syntex Private Limited, Sri Ganapathymurugan Spinning Mills Private Limited, Enkay Texfab Private Limited, Shri Vas Spinners (India) Private Limited, Radha Madhav Garments Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sushila Singh ceased to be Additional Director on 22 Sep 2024. Sushila Singh was appointed as Director on 11 Dec 2023. Mithlesh Arora ceased to be Additional Director on 30 Sep 2022. Solan Spinning Mills has 16 board changes on record in total.
Yes, Solan Spinning Mills is registered as a small enterprise under Udyam registration (number: UDYAM-HP-11-0002194).
Solan Spinning Mills has 7 MSME Form 1 returns on record between 2019 and 2021, listing 121 overdue payments to 8 micro and small suppliers. The latest return was filed on 09 Nov 2021.
The registered office of Solan Spinning Mills is at Village Malpur P.O. Bhud, Baddi, Himachal Pradesh, India – 173205.
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