MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0002169
Solano Ceramic Private Limited
Solano Ceramic Private Limited - manufacturing in Tal Wankaner, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.49 Cr
▼ 80% YoY
Net profit · FY 2024
₹5.7 Lakh
Net margin 1%
EBITDA · FY 2024
₹35.65 Lakh
EBITDA margin 6.5%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹67.93 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹3.54 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
6
Provident fund records
About Solano Ceramic Private Limited
Data last updated:
Solano Ceramic Private Limited is a private limited company based in Tal Wankaner, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 14 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2012PTC070751. Its GSTIN is 24AARCS6848Q1Z8 (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹67.93 Lakh. It is led by directors Harjivan Veljibhai Fefar and Vipul Harjivanbhai Fefar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 109 8 – A National Highway Nr. Inox Ceramic At Sartanpar, Tal Wankaner, Gujarat, India – 363621.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.49 Cr, a decline of 80% compared to the previous year. For the same year it recorded a net profit of ₹5.7 Lakh (net margin 1%) and EBITDA of ₹35.65 Lakh (EBITDA margin 6.5%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 23% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹3.54 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Solano Ceramic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0002169). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U26933GJ2012PTC070751
Registration Number 070751
Incorporation Date 14 June 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0002169
Recognitions & Rankings of Solano Ceramic
Contact details
Solano Ceramic Private Limited's registered office is in Tal Wankaner, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No. 109 8 – A National Highway Nr. Inox Ceramic At Sartanpar, Tal Wankaner, Gujarat, India – 363621
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Solano Ceramic Private Limited, buy the company report.
Comprehensive company report
Solano Ceramic 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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Secure checkout · GST invoice included
Business activity
The main business activity of Solano Ceramic is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Solano Ceramic Private Limited, buy the company report.
Financials of Solano Ceramic Private Limited
FY 2024 filings availableSolano Ceramic Private Limited reported revenue of ₹5.49 Cr (down 80% YoY) for FY 2024.
Revenue · FY 2024
₹5.49 Cr ▼ 80%
Net profit · FY 2024
₹5.7 Lakh margin 1%
EBITDA · FY 2024
₹35.65 Lakh margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 80%
3 years · compounded
▼ 38%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 24%
5 years · compounded
▼ 25%
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 80% fall in the latest year. EBITDA fell 31% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹35.65 Lakh | ||||
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| Net Profit (PAT) | ₹5.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Solano Ceramic Private Limited, buy the company report.
Board of directors of Solano Ceramic Private Limited
Solano Ceramic has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harjivan Veljibhai Fefar | Director | 14 Jun 2012 | 14 Years 4 Months | Current |
| Vipul Harjivanbhai Fefar | Director | 08 Feb 2013 | 13 Years 8 Months | Current |
Auditor
Solano Ceramic Private Limited is audited by PATEL SONI SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL SONI SHAH & CO | FY 2020 | 127904W |
Shareholding
The shareholding of Solano Ceramic Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Solano Ceramic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
₹3.54 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2023 | 100698644 | Others | ₹2 Cr | Open | |
| 03 Sep 2012 | 10378695 | Others | ₹3.54 Cr | Satisfied |
To see the full charge records of Solano Ceramic Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Solano Ceramic Private Limited has 2 court cases on record: 1 filed by Solano Ceramic, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Solano Ceramic 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
Solano Ceramic Private Limited was last rated by Crisil on 17 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Dec 2020 |
To see the full credit ratings and regulatory alerts of Solano Ceramic Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solano Ceramic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solano Ceramic Private Limited has a workforce of 6 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
GST
Solano Ceramic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AARCS6848Q1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solano Ceramic Private Limited, buy the company report.
Recent activity
Solano Ceramic Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Jagdish Kunvarjibhai Dalsaniya ceased to be Director on 08 Feb 2013.
AGM
Solano Ceramic Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Solano Ceramic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 17 Mar 2023 with Charge ID 100698644 was modified on 22 Mar 2023.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100698644 was registered on 17 Mar 2023.
Charges
A charge registered on 03 Sep 2012 via Charge ID 10378695 with Others was fully satisfied on 28 Sep 2022.
Charges
A charge with Others of Rs. 354.33 Lakh registered on 03 Sep 2012 with Charge ID 10378695 was modified on 04 Sep 2020.
Ceased
Jagdish Kunvarjibhai Dalsaniya ceased to be Director.
Appointed
Vipul Harjivanbhai Fefar was appointed as Director.
Charges
A charge with Others amounted to Rs. 354.33 Lakh with Charge ID 10378695 was registered on 03 Sep 2012.
Appointed
Harjivan Veljibhai Fefar was appointed as Director.
Incorporation
14 Jun 2012
Solano Ceramic Private Limited was registered on 14 Jun 2012 with Roc Ahmedabad & aged 14 years 4 months as per MCA records.
Frequently asked questions
Solano Ceramic is an active private limited company based in Tal Wankaner, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 14 June 2012 (14+ years old) and is registered under CIN U26933GJ2012PTC070751.
Solano Ceramic has 2 current directors:
- Harjivan Veljibhai Fefar - Director
- Vipul Harjivanbhai Fefar - Director
The latest financial statements of Solano Ceramic on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Solano Ceramic is 24AARCS6848Q1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Solano Ceramic is U26933GJ2012PTC070751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solano Ceramic has 2 court cases on record: 1 filed by the company and 1 filed against it.
Solano Ceramic was incorporated on 14 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jagdish Kunvarjibhai Dalsaniya ceased to be Director on 08 Feb 2013. Vipul Harjivanbhai Fefar was appointed as Director on 08 Feb 2013. Harjivan Veljibhai Fefar was appointed as Director on 14 Jun 2012.
Yes, Solano Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0002169).
The registered office of Solano Ceramic is at Survey No. 109 8 – A National Highway Nr. Inox Ceramic At Sartanpar, Tal Wankaner, Gujarat, India – 363621.