Solapur Oil Private Limited
About Solapur Oil Private Limited
Data last updated:
Solapur Oil Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 10 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15490MH2014PTC259199. Its GSTIN is 27AAVCS1017M1ZV (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.25 Cr and a paid-up capital of ₹17 Lakh. It is led by directors Kaushik Daga and Gurupreet Singh Chhabra.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.31 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹2.61 Cr (net margin -60.5%) and EBITDA of -₹1.45 Cr (EBITDA margin -33.6%). Revenue has grown at a compounded annual rate (CAGR) of 606% over three years and 172% over five years.
As per MCA filings, the company has satisfied charges of ₹15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Solapur Oil Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address61 Floor – 6 Plot – 85 E Maker Tower, G D Somani Marg World Trade Centre Cuffe Parade, Mumbai, Maharashtra, India – 400005
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Solapur Oil 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 activities of Solapur Oil are manufacturing and wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers manufacture of food products and wholesale trade, except of motor vehicles and motorcycles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products | |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Solapur Oil Private Limited, buy the company report.
Financials of Solapur Oil Private Limited
FY 2025 filings availableSolapur Oil Private Limited reported revenue of ₹4.31 Cr (down 82% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 82% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 172%. EBITDA rose 76% 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 |
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| EBITDA | -₹1.45 Cr | ||||
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| Net Profit (PAT) | -₹2.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -33.6% | ||||
| Net Profit Margin | -60.5% | ||||
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To see the full financial statements and ratios of Solapur Oil Private Limited, buy the company report.
Board of directors of Solapur Oil Private Limited
Solapur Oil has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushik Daga | Director | 14 Jun 2021 | 5 Years 4 Months | Current |
| Gurupreet Singh Chhabra Also directs: Purpleroof Homes LLP, SH Cotex LLP, Mahesh Agro Processing (India ) Private Limited and 2 more | Director | 13 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Solapur Oil Private Limited is audited by MUKUND MAHESHWARI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKUND MAHESHWARI & CO. | FY 2023 | 009459C |
Shareholding
The shareholding of Solapur Oil 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 Solapur Oil Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2023 | 100787152 | Axis Bank Limited | ₹15 Cr | Satisfied |
To see the full charge records of Solapur Oil Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Solapur Oil 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 Solapur Oil Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solapur Oil Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Solapur Oil has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAVCS1017M1ZV | Maharashtra | Active | 01 Jul 2017 |
| 23AAVCS1017M1Z3 | Madhya Pradesh | Active | 23 May 2023 |
To see the full GST registrations and return filing status of Solapur Oil Private Limited, buy the company report.
Recent activity
Solapur Oil Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Kaushik Daga was appointed as Director on 14 Jun 2021.
1 earlier event is in the company report.
Frequently asked questions
Solapur Oil is an active private limited company based in Mumbai, Maharashtra, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 10 November 2014 (12+ years old) and is registered under CIN U15490MH2014PTC259199.
Solapur Oil has 2 current directors:
- Kaushik Daga - Director
- Gurupreet Singh Chhabra - Director
The latest financial statements of Solapur Oil on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Solapur Oil is 27AAVCS1017M1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAVCS1017M1Z3 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Solapur Oil is U15490MH2014PTC259199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solapur Oil was incorporated on 10 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Kaushik Daga was appointed as Director on 14 Jun 2021. Manish Rajendrakumar Bothra ceased to be Director on 14 Jun 2021. Gurupreet Singh Chhabra ceased to be Additional Director on 29 Dec 2020. Solapur Oil has 7 board changes on record in total.
The registered office of Solapur Oil is at 61 Floor – 6 Plot – 85 E Maker Tower, G D Somani Marg World Trade Centre Cuffe Parade, Mumbai, Maharashtra, India – 400005.
Solapur Oil operates in the food and beverages industry, in the edible oils and cooking fats segment.
Solapur Oil has no open charges and satisfied charges of ₹15 Cr as per latest MCA filings.