Solanki Enterprises Private Limited
About Solanki Enterprises Private Limited
Data last updated:
Solanki Enterprises Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 11 February 1993.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U51109TN1993PTC024374. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.99 Lakh. It was led by directors Badalchand Tolachand Nahar and Tolachand Nahar Rajesh Nahar.
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 was at X – 6 Nahar Villa 21/7 North Mada Street Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.75 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹5.13 Lakh (net margin -293%) and EBITDA of -₹5.12 Lakh (EBITDA margin -292.7%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years.
Company details
Contact details
Solanki Enterprises Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressX – 6 Nahar Villa 21/7 North Mada Street Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Solanki Enterprises 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 Solanki Enterprises is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Solanki Enterprises Private Limited, buy the company report.
Financials of Solanki Enterprises Private Limited
FY 2019 filings availableSolanki Enterprises Private Limited reported revenue of ₹1.75 Lakh (down 91% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 73% over three years, including a 91% fall in the latest year. EBITDA fell 135% 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 |
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| EBITDA | -₹5.12 Lakh | ||||
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| Net Profit (PAT) | -₹5.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -292.7% | ||||
| Net Profit Margin | -293% | ||||
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To see the full financial statements and ratios of Solanki Enterprises Private Limited, buy the company report.
Board of directors of Solanki Enterprises Private Limited
Solanki Enterprises has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Badalchand Tolachand Nahar Also directs: Poornam Realty LLP, Nahar Foundation`S Private Limited | Director | 20 Oct 2017 | 9 Years 0 Months | As last reported |
| Tolachand Nahar Rajesh Nahar Also directs: Nahar Foundation`S Private Limited, Curious Brothers LLP | Director | 20 Oct 2017 | 9 Years 0 Months | As last reported |
Auditor
Solanki Enterprises Private Limited is audited by S. K. Gulecha & Associates for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. Gulecha & Associates | FY 2016 |
Shareholding
The shareholding of Solanki Enterprises Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Solanki Enterprises Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Solanki Enterprises 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 Solanki Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solanki Enterprises has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Solanki Enterprises Private Limited, buy the company report.
Recent activity
Solanki Enterprises Private Limited has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Badalchand Tolachand Nahar ceased to be Additional Director on 29 Sep 2018.
1 earlier event is in the company report.
Frequently asked questions
Solanki Enterprises has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Solanki Enterprises was a private limited company based in Chennai, Tamil Nadu, India. The company worked in general construction services, within the infrastructure and utilities industry. It was incorporated on 11 February 1993 and is registered under CIN U51109TN1993PTC024374. The company has been struck off by the Registrar of Companies and is no longer operational.
Solanki Enterprises had 2 directors:
- Badalchand Tolachand Nahar - Director
- Tolachand Nahar Rajesh Nahar - Director
The CIN (Corporate Identification Number) of Solanki Enterprises is U51109TN1993PTC024374. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Solanki Enterprises is at X – 6 Nahar Villa 217 North Mada Street Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041.
Solanki Enterprises was incorporated on 11 February 1993. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Solanki Enterprises 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. Solanki Enterprises has 1 GST registration on record and it is cancelled or inactive.
Solanki Enterprises operated in the infrastructure and utilities industry, in the general construction services segment. It worked in this industry before it was struck off.
Badalchand Tolachand Nahar ceased to be Additional Director on 29 Sep 2018. Tolachand Nahar Rajesh Nahar ceased to be Additional Director on 29 Sep 2018. Badalchand Tolachand Nahar was appointed as Director on 20 Oct 2017. Solanki Enterprises has 10 board changes on record in total.
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