Solar Creations Private Limited
About Solar Creations Private Limited
Data last updated:
Solar Creations Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 31 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH1995PTC087047. Its GSTIN is 27AAFCS9443K1ZT (Maharashtra). The company holds 11 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors including Deepak Bhulchand Mukhi and Sunil Bhulchand Mukhi.
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 264 Gita Niketanlinking Road Bandra, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.32 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 1.7%) and EBITDA of ₹3.52 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 10% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.65 Cr and satisfied charges of ₹24.29 Cr on record. Court records list 26 cases involving the company, including 7 filed by the company and 19 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Solar Creations has one previous CIN (Corporate Identification Number): U19201MH1995PTC087047. The current CIN is U51100MH1995PTC087047, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH1995PTC087047 | Current |
| U19201MH1995PTC087047 | Previous |
Contact details
Solar Creations Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address264 Gita Niketanlinking Road Bandra, Mumbai, Maharashtra, India – 400050
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Solar Creations 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 Creations is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Solar Creations Private Limited, buy the company report.
Financials of Solar Creations Private Limited
FY 2024 filings availableSolar Creations Private Limited reported revenue of ₹59.32 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 3% growth 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 | ₹3.52 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.02 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Solar Creations Private Limited, buy the company report.
Board of directors of Solar Creations Private Limited
Solar Creations has 7 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Bhulchand Mukhi | Director | 01 Jun 2012 | 14 Years 4 Months | Current |
| Sunil Bhulchand Mukhi Also directs: Solar Readymades Private Limited | Director | 01 Jun 2012 | 14 Years 4 Months | Current |
| Ashok Bhulchand Mukhi Also directs: Solar Readymades Private Limited, Solar Estate Private Limited, Panama Petrochem Limited and 2 more | Director | 31 Mar 1995 | 31 Years 6 Months | Current |
| Deven Ashok Mukhi Also directs: Solar Estate Private Limited | Director | 01 Apr 2007 | 19 Years 6 Months | Current |
| Sanjay Bulchand Mukhi Also directs: Solar Readymades Private Limited, Solar Estate Private Limited | Director | 01 Apr 2007 | 19 Years 6 Months | Current |
| Vimal Bhulchand Majethia Also directs: Solar Readymades Private Limited | Director | 01 Jun 2012 | 14 Years 4 Months | Current |
Auditor
Solar Creations Private Limited is audited by D. L. CHOTHANI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. L. CHOTHANI & CO. | FY 2023 | 036918 |
Shareholding
The shareholding of Solar Creations 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 Solar Creations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2025 | 101134847 | Hdfc Bank Limited | ₹12.65 Cr | Open | |
| 30 May 2017 | 100107328 | Yes Bank Limited | ₹13 Cr | Satisfied | |
| 24 Mar 2015 | 10574620 | Kotak Mahindra Bank Limited | ₹2 Cr | Satisfied | |
| 20 Jun 2013 | 10436491 | Yes Bank Limited | ₹2 Cr | Satisfied | |
| 16 Apr 2013 | 10423796 | Yes Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Solar Creations Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Solar Creations Private Limited has 26 court cases on record: 7 filed by Solar Creations, 19 filed against it. 4 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 15 | 1 |
| District courts | 3 | 2 | 1 |
| Supreme Court | 2 | 2 | 2 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed by the company against L'orange Design and Retail Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by KBSH Pvt. Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against KBSH Pvt. Ltd. | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by KBSH Pvt. Ltd | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against KBSH Pvt. Ltd | Disposed |
To see the full case history of Solar Creations 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 Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solar Creations Private Limited has a workforce of 17 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Solar Creations has 11 GST registrations: 10 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS9443K1ZT | Maharashtra | Active | 01 Jul 2017 |
| 07AAFCS9443K1ZV | Delhi | Active | 20 Mar 2019 |
| 09AAFCS9443K1ZR | Uttar Pradesh | Active | 20 Mar 2019 |
| 04AAFCS9443K1Z1 | Chandigarh | Active | 22 Mar 2019 |
To see the full GST registrations and return filing status of Solar Creations Private Limited, buy the company report.
Recent activity
Solar Creations Private Limited has 7 board changes on record since 1995: 7 appointments. The latest: Deepak Bhulchand Mukhi was appointed as Director on 01 Jun 2012.
23 earlier events are in the company report.
Frequently asked questions
Solar Creations is an active private limited company based in Mumbai, Maharashtra, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 31 March 1995 (31+ years old) and is registered under CIN U51100MH1995PTC087047.
Solar Creations has 7 current directors:
- Deepak Bhulchand Mukhi - Director
- Sunil Bhulchand Mukhi - Director
- Ashok Bhulchand Mukhi - Director
- Deven Ashok Mukhi - Director
- Sanjay Bulchand Mukhi - Director
- Vimal Bhulchand Majethia - Director
- Sudhir Bhulchand Mukhi - Director
The latest financial statements of Solar Creations 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 Solar Creations is 27AAFCS9443K1ZT, registered in Maharashtra. The company has 11 GST registrations in all, of which 10 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAFCS9443K1ZV (Delhi), 09AAFCS9443K1ZR (Uttar Pradesh), 04AAFCS9443K1Z1 (Chandigarh).
The CIN (Corporate Identification Number) of Solar Creations is U51100MH1995PTC087047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Creations has 26 court cases on record: 7 filed by the company and 19 filed against it. 4 are pending. Most are in the high courts.
Solar Creations was incorporated on 31 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepak Bhulchand Mukhi was appointed as Director on 01 Jun 2012. Sudhir Bhulchand Mukhi was appointed as Director on 01 Jun 2012. Sunil Bhulchand Mukhi was appointed as Director on 01 Jun 2012. Solar Creations has 7 board changes on record in total.
The registered office of Solar Creations is at 264 Gita Niketanlinking Road Bandra, Mumbai, Maharashtra, India – 400050.
Solar Creations operates in the consumer goods industry, in the footwear manufacturing segment.
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