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Solana Biofuels Limited - Company Profile

It is a telecom public limited company based in Hyderabad, Telangana, India, established in 1998.

1998 | Hyderabad, Telangana, India | Active
Last Updated:

About Solana Biofuels Limited

Solana Biofuels Limited, a active public limited company, was established on 09 November 1998 in Hyderabad, Telangana, India. Engaging in isp & broadband services within the information and communication sector, it holds CIN: L72900TG1998PLC030463. Registered under ROC Roc Hyderabad. it is listed on BSE: 532669. It has an authorized capital of ₹75.00 Cr and a paid-up capital of ₹45.00 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹15.88 Cr and a net worth of ₹44.98 Cr. Employing 158 professional, Its leadership includes Palakunnath Thekkadancheri Suresh (Director), Devaiah Pagidipati (Managing Director), Brijmohan Venkata Mandala (Director). Past directors included Palakunnath Thekkadancheri Suresh, Kishor Shah, Dipen Kumar Sheth. It holds ₹77.97 Cr open charges and ₹362.39 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Flat # A3, 3Rd Floor, Office Block, Samrat Complex, Opposite To Ag'S Office,, Saifabad,, Hyderabad, Telangana, 500004.

Company Details

  • CIN/LLPIN

    L72900TG1998PLC030463

  • Registration Number

    030463

  • Incorporation Date

    09 November 1998

  • Authorized Capital

    ₹75.00 Cr

  • Paid-Up Capital

    ₹45.00 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Listed (BSE: 532669)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 45.00 Cr
  • Company Age 27 Year, 23 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 77.97 Cr
  • Satisfied Charges ₹ 362.39 Cr
  • Revenue Growth 510.77%
  • Profit Growth -2344.14%
  • Ebitda -881.33%
  • Net Worth -10.28%
  • Total Assets 41.11%
Company report

Solana Biofuels Limited

Company Report FY 2025-2026

Explore comprehensive insights into Solana Biofuels Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Solana Biofuels Limited?

Current Directors

NameDesignationAppointment DateStatus
Palakunnath Thekkadancheri SureshDirector03 Sep 2024Current
Devaiah PagidipatiManaging Director27 Jan 2020Current
Brijmohan Venkata MandalaDirector27 Jan 2020Current
Sarat YenigallaDirector30 May 2024Current
Divya Sunitha Raj BurraDirector06 Nov 2020Current
Rahuldev PagidipatiDirector24 Apr 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director29 Sep 2024Past
Pramod AbcsddDirector01 Oct 2014Past
Pramod AbcsddDirector18 Feb 2009Past
Pramod AbcsddDirector14 Aug 2014Past
Pramod AbcsddDirector15 Jul 2009Past
Pramod AbcsddDirector27 Jan 2020Past

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Financial Performance of Solana Biofuels.

Solana Biofuels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 510.77% increase. The company also saw a substantial fall in profitability, with a 2344.14% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.28%.

Solana Biofuels revenue growth over time
Solana Biofuels profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
510.77%
Revenue from Operations
502.95%
Total Assets
41.11%
Profit or Loss
-2344.14%
Net Worth
-10.28%
EBITDA
-881.33%

What is the Ownership and Shareholding Structure of Solana Biofuels?

In 2023, Solana Biofuels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹779,685,000.00

Satisfied Charges

₹3,623,897,152.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 77.88 Cr
  • Others : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2022Hdfc Bank Limited₹77.88 CrOpen
31 Aug 2016Others₹0.94 MOpen
03 Mar 2015Bank Of India₹3.00 CrSatisfied
04 Feb 2014Punjab National Bank₹0.89 MSatisfied
29 Jun 2013Icici Bank Ltd₹1.10 MSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Solana Biofuels?

Solana Biofuels has a workforce of 158 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Solana Biofuels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solana Biofuels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Solana Biofuels's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Solana Biofuels

Recent Activity within the Organization

  • Annual General Meeting

    The activity Solana Biofuels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Director Appointment

    Palakunnath Thekkadancheri Suresh was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 1 year 2 months . was recorded as a recent event.

  • Director Appointment

    Sarat Yenigalla was appointed as a Director was appointed as a Director on 30 May 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 77.88 Cr registered on 29 Jun 2022 with Charge ID 100597755 was modified on 30 Apr 2024. was recorded as a recent event.

  • Director Appointment

    The activity Rahuldev Pagidipati was appointed as a Director was appointed as a Director on 24 Apr 2024 & has been associated with this company since 1 year 7 months . was completed.

  • Director Appointment

    The activity Rayavarapu Naresh Babu was appointed as a Company Secretary was appointed as a Company Secretary on 20 Apr 2024 & has been associated with this company since 1 year 7 months . was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Solana Biofuels Limited?

    The CIN of Solana Biofuels Limited is L72900TG1998PLC030463.

  • Where is Solana Biofuels Limited headquartered?

    Solana Biofuels Limited is headquartered at Flat # A3, 3Rd Floor, Office Block, Samrat Complex, Opposite To Ag'S Office,, Saifabad,, Hyderabad, Telangana, 500004.

  • When was Solana Biofuels Limited incorporated?

    Solana Biofuels Limited was incorporated on 09 November 1998.

  • Who are the current directors of Solana Biofuels Limited?

    The current directors of Solana Biofuels Limited are

  • What is the primary industry of Solana Biofuels Limited?

    The primary industry of Solana Biofuels Limited is Information And Communication.

  • Is Solana Biofuels Limited a listed company?

    Solana Biofuels Limited is listed. It is listed on BSE: 532669.

  • What is the capital structure of Solana Biofuels Limited?

    The authorized capital of Solana Biofuels Limited is ₹75.00 Cr, and the paid-up capital is ₹45.00 Cr.

  • What is the compliance status of Solana Biofuels Limited?

    The compliance status of Solana Biofuels Limited is Compliant.

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