About Solanki Industries Private Limited
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Solanki Industries Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 11 October 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31909MH2001PTC133635. Its GSTIN is 27AABCV5900G1ZH (Maharashtra). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr. It was formerly known as Vima Modular Private Limited. It is led by directors including Neesha Bharatkumar Solanki and Sanket Bharat Solanki.
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 Vasai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.73 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹12.16 Lakh (net margin 0.6%) and EBITDA of ₹1.02 Cr (EBITDA margin 5.5%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 3% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹5.09 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vimalswitches.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressGala No. 114/115 Jay Vijay Industrial Estate, Near Vishram Petrol Pump Village Bapane Naigaon East, Vasai, Maharashtra, India – 401208
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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 Solanki Industries Private Limited
The main business activity of Solanki Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Solanki Industries Private Limited FY 2025 filings available
Solanki Industries Private Limited reported revenue of ₹18.73 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Solanki Industries Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 19% fall in the latest year. EBITDA fell 11% 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 Solanki Industries Private Limited
| 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 | ₹1.02 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.16 Lakh | •••• | •••• | •••• | •••• |
| 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 Solanki Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Solanki Industries are in the company report.
Financial statements from 2015
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.
Peer Comparison of Solanki Industries Private Limited
Solanki Industries Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S&S Energy Systems Private Limited | ₹18.79 Cr (FY 2025) | •••• | •••• | 636.0% | •••• | Dehradun, Uttarakhand, India |
| Enovus Enterprises Private Limited | ₹18.77 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Gurgaon, Haryana, India |
| Bhutoria Refrigeration Private Limited | ₹18.76 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Mumbai, Maharashtra, India |
| Uniwide Industries Private Limited | ₹18.75 Cr (FY 2025) | •••• | •••• | 321.0% | •••• | Mumbai, Maharashtra, India |
| Nineteen Infotech Private Limited | ₹18.74 Cr (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Solanki Industries Private Limited this company | ₹18.73 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Vasai, Maharashtra, India |
| Nikum Energy Control India Limited | ₹18.64 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Delhi, India |
| Mixx Technologies Private Limited | ₹18.63 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | New Delhi, Delhi, India |
| Chennaialcu Industries Private Limited | ₹18.61 Cr (FY 2025) | •••• | •••• | 162.0% | •••• | Chennai, Tamil Nadu, India |
| Minit Engineers India Private Limited | ₹18.61 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Villarasampatty, Tamil Nadu, India |
| Gould Electronics Private Limited | ₹18.58 Cr (FY 2016) | •••• | •••• | 136.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Solanki Industries by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Solanki Industries Private Limited
Solanki Industries Private Limited is audited by PRAVIN CHANDAK AND ASSOCIATE for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAVIN CHANDAK AND ASSOCIATE | 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 Solanki Industries Private Limited
Solanki Industries has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neesha Bharatkumar Solanki | Director | 10 Feb 2014 | 12 Years 8 Months | Current |
| Sanket Bharat Solanki Also directs: Vimal Innovations Private Limited | Director | 21 Jun 2017 | 9 Years 3 Months | Current |
| Shashank Bharat Solanki | Director | 21 Jun 2017 | 9 Years 3 Months | Current |
| Bharatkumar Rikabchand Solanki Also directs: Vimal Innovations Private Limited | Director | 11 Oct 2001 | 25 Years 0 Months | Current |
Ownership and Shareholding of Solanki Industries 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 Solanki Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Aug 2023 | Hdfc Bank Limited | ₹5 Cr | Open |
| 26 Sep 2018 | City Union Bank Limited | ₹5.09 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Solanki Industries Private Limited
Solanki Industries Private Limited has 3 court cases on record: 2 filed by Solanki Industries, 1 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Solanki Industries Private Limited
Solanki Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 41 overdue payments to 41 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 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Nimma Industrries LLP | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Solanki Industries Private Limited
Solanki Industries Private Limited has a workforce of 17 employees as of Mar 30, 2024.
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 Solanki Industries Private Limited
Solanki Industries Private Limited has 6 board changes on record since 2001: 4 appointments and 2 cessations. The latest: Sanket Bharat Solanki was appointed as Director on 21 Jun 2017.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Solanki Industries 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.
Subsidiaries & Group Companies of Solanki Industries 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 Solanki Industries Private Limited
Solanki Industries has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV5900G1ZH | Maharashtra | Active | 01 Jul 2017 |
| 27AABCV5900G2ZG | Maharashtra | Active | 01 Jan 2025 |
| 24AABCV5900G1ZN | Gujarat | Active | 20 Oct 2019 |
| 10AABCV5900G1ZW | Bihar | Active | 01 Nov 2019 |
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 Solanki Industries 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 Solanki Industries Private Limited
Solanki Industries is an active private limited company based in Vasai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 11 October 2001 (25+ years old) and is registered under CIN U31909MH2001PTC133635.
Solanki Industries reported revenue of ₹18.73 Cr for FY 2025 (down 19% YoY).
Solanki Industries has 4 current directors:
- Neesha Bharatkumar Solanki - Director
- Sanket Bharat Solanki - Director
- Shashank Bharat Solanki - Director
- Bharatkumar Rikabchand Solanki - Director
Solanki Industries reported a net profit of ₹12.16 Lakh (net margin 0.6%) and EBITDA of ₹1.02 Cr (EBITDA margin 5.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solanki Industries is -14% over three years and -3% over five years. In the latest year (FY 2025) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solanki Industries is 27AABCV5900G1ZH, registered in Maharashtra. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 27AABCV5900G2ZG (Maharashtra), 24AABCV5900G1ZN (Gujarat), 10AABCV5900G1ZW (Bihar).
The CIN (Corporate Identification Number) of Solanki Industries is U31909MH2001PTC133635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solanki Industries has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending.
Solanki Industries was incorporated on 11 October 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Solanki Industries by revenue are S&S Energy Systems Private Limited, Enovus Enterprises Private Limited, Bhutoria Refrigeration Private Limited, Uniwide Industries Private Limited, Nineteen Infotech Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Sanket Bharat Solanki was appointed as Director on 21 Jun 2017. Shashank Bharat Solanki was appointed as Director on 21 Jun 2017. Bhupesh Kumar Rikabchandji Solanki ceased to be Director on 10 Feb 2014. Solanki Industries has 6 board changes on record in total.
Solanki Industries has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 41 overdue payments to 41 micro and small suppliers. The latest return was filed on 08 May 2024.