Solapur-City Development Corporation Limited - Company Profile

It is a infrastructure and utilities public limited state government company based in Solapur, Maharashtra, India, established in 2016.
2016 Solapur, Maharashtra, India Active
Last Updated:
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About Solapur-City Development Corporation Limited

Solapur-City Development Corporation Limited, a active public limited state government company, was established on 23 March 2016 in Solapur, Maharashtra, India. Engaging in general infrastructure services within the construction sector, it holds CIN: U74990PN2016SGC158985. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹200.00 Cr and a paid-up capital of ₹186.00 Cr.

It upholds a compliant status. Its leadership includes Aseem Kumar Surendrakumar Gupta (Director), Sarvesh Nandlal Joshi (Director), Kumar Ashirwad (Director). Past directors included Aseem Kumar Surendrakumar Gupta, Vijaykumar Nagorao Kalam, Riyaz Ibrahim Hundekari. Its latest AGM occurred on 23 September 2025, with the balance sheet filed on 31 March 2025. It is based at Solapurmunicipalcorporationindrabhuvanrailwaylines, Solapur, Maharashtra, 413001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74990PN2016SGC158985

  • Registration Number

    158985

  • Incorporation Date

    23 March 2016

  • Authorized Capital

    ₹200.00 Cr

  • Paid-Up Capital

    ₹186.00 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 186.00 Cr
  • Company Age 9 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -41.44%
  • Profit Growth **** 27.34%
  • Ebitda **** 38.63%
  • Net Worth -63.37%
  • Total Assets -42.60%
Company report

Solapur-City Development Corporation Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Solapur-City Development Corporation 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 Solapur-City Development Corporation Limited?
Current Directors
Name Designation Appointment Date Status
Aseem Kumar Surendrakumar Gupta Director 22 Sep 2017 Current
Sarvesh Nandlal Joshi Director 09 Dec 2022 Current
Kumar Ashirwad Director 28 Jul 2023 Current
Raj Kumar Meganathan Director 22 Mar 2024 Current
Prajakta Prakash Kulkarni Director 09 Dec 2022 Current
Sanjay Gupta Director 26 Jul 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 14 Dec 2017 Past
Pramod Abcsdd Nominee Director 19 Jun 2017 Past
Pramod Abcsdd Director - Past
Pramod Abcsdd Nominee Director 07 Jun 2016 Past
Pramod Abcsdd Additional Director 21 Dec 2022 Past
Pramod Abcsdd Additional Director 07 Mar 2017 Past

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Financial Performance of Solapur-City Development Corporation.

Solapur-City Development Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.44% decrease. The company also saw a substantial improvement in profitability, with a 27.34% increase in profit. The company's net worth observed a substantial decline by a decrease of 63.37%.

Solapur-City Development Corporation revenue growth over time
Solapur-City Development Corporation profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -41.44%
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Revenue from Operations
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Total Assets
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 -42.60%
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Profit or Loss
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 27.34%
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Net Worth
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 -63.37%
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EBITDA
*******
 38.63%
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*******
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What is the Ownership and Shareholding Structure of Solapur-City Development Corporation?

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

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Solapur-City Development Corporation?

Unlock and access historical data on people associated with Solapur-City Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solapur-City Development Corporation, 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 Solapur-City Development Corporation'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.

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Latest Updates, News, and FAQs on Solapur-City Development Corporation
Recent Activity within the Organization
  • Annual General Meeting

    Solapur-City Development Corporation Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Sachin Chhaganlal Ombase was appointed as a Ceo was appointed as a Ceo on 07 Apr 2025 & has been associated with this company since 10 months 18 days . was documented.

  • Balance Sheet

    Solapur-City Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was recorded as a recent event.

  • Director Appointment

    The activity Sachin Chhaganlal Ombase was appointed as a Director was appointed as a Director on 04 Mar 2025 & has been associated with this company since 11 months 22 days . was completed.

  • Director Appointment

    The activity Sanjay Gupta was appointed as a Director was appointed as a Director on 26 Jul 2024 & has been associated with this company since 1 year 7 months . was completed.

  • Director Appointment

    Raj Kumar Meganathan was appointed as a Director was appointed as a Director on 22 Mar 2024 & has been associated with this company since 1 year 11 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Solapur-City Development Corporation Limited?

The CIN of Solapur-City Development Corporation Limited is U74990PN2016SGC158985.

Where is Solapur-City Development Corporation Limited headquartered?

Solapur-City Development Corporation Limited is headquartered at Solapurmunicipalcorporationindrabhuvanrailwaylines, Solapur, Maharashtra, 413001.

When was Solapur-City Development Corporation Limited incorporated?

Solapur-City Development Corporation Limited was incorporated on 23 March 2016.

Who are the current directors of Solapur-City Development Corporation Limited?

The current directors of Solapur-City Development Corporation Limited are

What is the primary industry of Solapur-City Development Corporation Limited?

The primary industry of Solapur-City Development Corporation Limited is Construction.

Is Solapur-City Development Corporation Limited a listed company?

Solapur-City Development Corporation Limited is unlisted.

What is the capital structure of Solapur-City Development Corporation Limited?

The authorized capital of Solapur-City Development Corporation Limited is ₹200.00 Cr, and the paid-up capital is ₹186.00 Cr.

What is the compliance status of Solapur-City Development Corporation Limited?

The compliance status of Solapur-City Development Corporation Limited is Compliant.

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