Solar Cargo and Clearing Private Limited
About Solar Cargo and Clearing Private Limited
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Solar Cargo and Clearing Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 01 October 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74120KA1990PTC011260. Its GSTIN is 29AACCS6585K2ZM (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹67.11 Lakh. It was formerly known as Solar Auto Carriers Private Limited. It is led by directors Sushil Kumar Jain and Ravinder Kumar Jain.
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 A. 41 Devraj Urs Trucks Terminal Vishwanath Pur, Bangalore, Karnataka, India – 560022.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.24 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹16.11 Lakh (net margin 13%) and EBITDA of ₹35.56 Lakh (EBITDA margin 28.6%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 22% over five years.
As per MCA filings, the company has satisfied charges of ₹1.67 Cr on record. Court records list 13 cases involving the company, including 2 filed by the company and 11 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Solar Cargo and Clearing has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74120KA1990PTC011260, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120KA1990PTC011260 | Current |
| U35911KA1990PTC011260 | Previous |
| U06022KA1990PTC011260 | Previous |
Contact details
Solar Cargo and Clearing Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressA. 41 Devraj Urs Trucks Terminal Vishwanath Pur, Bangalore, Karnataka, India – 560022
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Solar Cargo and Clearing 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 activity of Solar Cargo and Clearing is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Solar Cargo and Clearing Private Limited, buy the company report.
Financials of Solar Cargo and Clearing Private Limited
FY 2025 filings availableSolar Cargo and Clearing Private Limited reported revenue of ₹1.24 Cr (up 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 47% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA rose 93% 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 | ₹35.56 Lakh | ||||
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| Net Profit (PAT) | ₹16.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.6% | ||||
| Net Profit Margin | 13% | ||||
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To see the full financial statements and ratios of Solar Cargo and Clearing Private Limited, buy the company report.
Board of directors of Solar Cargo and Clearing Private Limited
Solar Cargo and Clearing has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Kumar Jain Also directs: Mahaveera Carriers Private Limited, Mahaveera Transport Private Limited, RSV Capital Services Private Limited and 1 more | Director | 01 Oct 1990 | 36 Years 0 Months | Current |
| Ravinder Kumar Jain Also directs: Rising Alloytech LLP, SCL Real Estates Private Limited, Bade Baba Developers and Promoters Private Limited and 5 more | Director | 01 Oct 1990 | 36 Years 0 Months | Current |
Auditor
Solar Cargo and Clearing Private Limited is audited by AGGARWAL SANJAY & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGGARWAL SANJAY & ASSOCIATES | FY 2020 | 014965N |
Shareholding
The shareholding of Solar Cargo and Clearing Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Solar Cargo and Clearing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2007 | 10080339 | Citicorp Finance (India) Limited | ₹43.5 Lakh | Satisfied | |
| 19 Sep 2007 | 10080341 | Citicorp Finance (India) Limited | ₹57.25 Lakh | Satisfied | |
| 30 Jan 2002 | 90192489 | Citicorp Finance India Ltd | ₹66.28 Lakh | Satisfied |
To see the full charge records of Solar Cargo and Clearing Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Solar Cargo and Clearing Private Limited has 13 court cases on record: 2 filed by Solar Cargo and Clearing, 11 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 0 |
| High courts | 6 | 6 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (MFA) | Filed against the company by M/S United India Insurance Co Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Solar Cargo and Clearing 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 Cargo and Clearing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solar Cargo and Clearing has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS6585K2ZM | Karnataka | Active | 10 Jul 2017 |
To see the full GST registrations and return filing status of Solar Cargo and Clearing Private Limited, buy the company report.
Recent activity
Solar Cargo and Clearing Private Limited has 2 board changes on record since 1990: 2 appointments. The latest: Ravinder Kumar Jain was appointed as Director on 01 Oct 1990.
Frequently asked questions
Solar Cargo and Clearing is an active private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 01 October 1990 (36+ years old) and is registered under CIN U74120KA1990PTC011260.
Solar Cargo and Clearing has 2 current directors:
- Sushil Kumar Jain - Director
- Ravinder Kumar Jain - Director
The latest financial statements of Solar Cargo and Clearing 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 Solar Cargo and Clearing is 29AACCS6585K2ZM, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Solar Cargo and Clearing is U74120KA1990PTC011260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Cargo and Clearing has 13 court cases on record: 2 filed by the company and 11 filed against it. Most are in the district courts.
Solar Cargo and Clearing was incorporated on 01 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
Ravinder Kumar Jain was appointed as Director on 01 Oct 1990. Sushil Kumar Jain was appointed as Director on 01 Oct 1990.
The registered office of Solar Cargo and Clearing is at A. 41 Devraj Urs Trucks Terminal Vishwanath Pur, Bangalore, Karnataka, India – 560022.
Solar Cargo and Clearing operates in the transport and logistics industry, in the integrated and diversified logistics services segment.