Solar Air Products Private Limited
About Solar Air Products Private Limited
Data last updated:
Solar Air Products Private Limited is a private limited company based in Angul, Odisha, India. It operates in the aircraft and component dealership segment of the transport and logistics sector. It was incorporated on 11 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U24111OR2008PTC010157. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.2 Lakh. It is led by directors including Santosh Kumar Agrawala (Managing Director) and Krishna Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Hemsurpada Angul, Odisha, India – 759122.
As per the financials filed for FY 2015, the company reported a revenue of ₹53.22 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹10.38 Lakh (net margin -19.5%) and EBITDA of -₹21.41 Lakh (EBITDA margin -40.2%).
As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Solar Air Products Private Limited's registered office is in Angul, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHemsurpada Angul, Odisha, India – 759122
- IndustryTransport and Logistics, Aircraft & Component Dealership
To see the full contact details of Solar Air Products 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
Financials of Solar Air Products Private Limited
FY 2020 filings availableSolar Air Products Private Limited reported revenue of ₹53.22 Lakh (down 64% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 64% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹53.22 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹21.41 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹10.38 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -40.2% |
| Net Profit Margin | -19.5% |
| 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 | |
To see the full financial statements and ratios of Solar Air Products Private Limited, buy the company report.
Board of directors of Solar Air Products Private Limited
Solar Air Products has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Agarwal | Director | 11 Jul 2008 | 18 Years 3 Months | Current |
| Meera Devi Agrawalla Also directs: Beri Infra Private Limited | Director | 24 May 2012 | 14 Years 5 Months | Current |
| Santosh Kumar Agrawala | Managing Director | 11 Jul 2008 | 18 Years 3 Months | Current |
Auditor
Solar Air Products Private Limited is audited by RAJESH SARAF & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH SARAF & CO | FY 2015 | 324121E |
Shareholding
The shareholding of Solar Air Products Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Solar Air Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2009 | 10164887 | Uco Bank Angul Branch | ₹1.5 Cr | Satisfied |
To see the full charge records of Solar Air Products Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Solar Air Products Private Limited has 5 court cases on record: 3 filed by Solar Air Products, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Writ petition | Filed by the company against GM, Uco Bank, BBSR and 2 others | Disposed |
| High Court, ORISSA | Writ petition | Filed by the company against G.M., Uco Bank, BBSR and 2 others | Disposed |
| High Court, ORISSA | Writ petition | Filed against the company by an individual | Disposed |
| High Court, ORISSA | Writ petition | Filed by the company against Uco Bank, West Bengal and 1 other | Disposed |
| High Court of Orissa | Writ petition | Filed against the company | Disposed |
To see the full case history of Solar Air Products 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solar Air Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solar Air Products 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 Solar Air Products Private Limited, buy the company report.
Recent activity
Solar Air Products Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Omprakash Agarawalla ceased to be Director on 01 Jan 2016.
Frequently asked questions
Solar Air Products is an active private limited company based in Angul, Odisha, India. The company works in aircraft and component dealership, within the transport and logistics industry. It was incorporated on 11 July 2008 (18+ years old) and is registered under CIN U24111OR2008PTC010157.
Solar Air Products has 3 current directors:
- Santosh Kumar Agrawala - Managing Director
- Krishna Agarwal - Director
- Meera Devi Agrawalla - Director
The latest financial statements of Solar Air Products on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
No. Solar Air Products has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Solar Air Products is U24111OR2008PTC010157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Air Products has 5 court cases on record: 3 filed by the company and 2 filed against it.
Solar Air Products was incorporated on 11 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Cuttack.
Omprakash Agarawalla ceased to be Director on 01 Jan 2016. Meera Devi Agrawalla was appointed as Director on 24 May 2012. Krishna Agarwal was appointed as Director on 11 Jul 2008. Solar Air Products has 4 board changes on record in total.
The registered office of Solar Air Products is at Hemsurpada Angul, Odisha, India – 759122.
Solar Air Products operates in the transport and logistics industry, in the aircraft and component dealership segment.
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