Solar Magic Private Limited - Company Profile

It is a agriculture private limited company based in Mumbai, Maharashtra, India, established in 1998.
1998 Mumbai, Maharashtra, India Active
Last Updated:
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About Solar Magic Private Limited

Solar Magic Private Limited, a active private limited company, was established on 06 March 1998 in Mumbai, Maharashtra, India. Engaging in agri support services within the manufacturing sector, it holds CIN: U01100MH1998PTC113856. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹5.45 Cr.

Formerly known as Padmanabh Agencies Limited, Padmanabh Agencies Private Limited. It upholds a compliant status. Employing 9 professional, Its leadership includes Veerappa Shankrappa Kanabur (Director), Bhalachandra Raghavendra Bakshi (Director), Samir Shantilal Somaiya (Director). Past directors included Veerappa Shankrappa Kanabur, Sivaprakasam Veerasamy Nainar, Karan Harshad Mengar. It holds no open charges and ₹5.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Somaiya Bhavan,45/47 M G Road,Fort, Mumbai, Maharashtra, 400001.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U01100MH1998PTC113856

  • Registration Number

    113856

  • Incorporation Date

    06 March 1998

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹5.45 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.45 Cr
  • Company Age 28 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth **** 4.48%
  • Profit Growth **** 89.94%
  • Ebitda **** 108.70%
  • Net Worth 1520.10%
  • Total Assets -13.97%
Company report

Solar Magic Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Solar Magic Private 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 Solar Magic Private Limited?
Current Directors
Name Designation Appointment Date Status
Veerappa Shankrappa Kanabur Director 30 Nov 2023 Current
Bhalachandra Raghavendra Bakshi Director 29 Mar 2011 Current
Samir Shantilal Somaiya Director 06 Mar 1998 Current
Karan Harshad Mengar Director 20 Jun 2020 Current
Dharmil Nirupam Sheth Director 20 Jun 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 15 Sep 2024 Past
Pramod Abcsdd Director 02 Sep 2011 Past
Pramod Abcsdd Additional Director 15 Sep 2020 Past
Pramod Abcsdd Additional Director 27 Sep 2019 Past
Pramod Abcsdd Director 30 Nov 2021 Past
Pramod Abcsdd Director 04 Dec 2020 Past

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Financial Performance of Solar Magic.

Solar Magic Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.48% increase. The company also saw a substantial improvement in profitability, with a 89.94% increase in profit. The company's net worth Soared by an impressive increase of 1520.1%.

Solar Magic revenue growth over time
Solar Magic 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
********
 4.48%
*******
*******
*******
*******
Revenue from Operations
*******
 5.71%
*******
*******
*******
*******
Total Assets
*******
 -13.97%
*******
*******
*******
*******
Profit or Loss
*******
 89.94%
*******
*******
*******
*******
Net Worth
*******
 1520.10%
*******
*******
*******
*******
EBITDA
*******
 108.70%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Solar Magic?

In 2023, Solar Magic 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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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹50,000,000.00

Charges Breakdown by Lending Institutions
  • Corporation Bank : 5.00 Cr
Latest Charge Details
Date Lender Amount Status
16 Nov 2015 Corporation Bank ₹5.00 Cr Satisfied

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How Many Employees Work at Solar Magic?

Solar Magic has a workforce of 9 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Solar Magic, 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 Solar Magic'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 Solar Magic
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Solar Magic Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Solar Magic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Director Appointment

    Veerappa Shankrappa Kanabur was appointed as a Director was appointed as a Director on 30 Nov 2023 & has been associated with this company since 2 years 6 months . was recorded as a recent event.

  • Charges

    Progress on A charge registered on 16 Nov 2015 via Charge ID 10607033 with Corporation Bank was fully satisfied on 15 Feb 2023. was documented.

  • Director Appointment

    Karan Harshad Mengar was appointed as a Director was appointed as a Director on 20 Jun 2020 & has been associated with this company since 6 years 6 days . was recorded as a recent event.

  • Director Appointment

    The activity Dharmil Nirupam Sheth was appointed as a Director was appointed as a Director on 20 Jun 2020 & has been associated with this company since 6 years 6 days . was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Solar Magic Private Limited?

The CIN of Solar Magic Private Limited is U01100MH1998PTC113856.

Where is Solar Magic Private Limited headquartered?

Solar Magic Private Limited is headquartered at Somaiya Bhavan,45/47 M G Road,Fort, Mumbai, Maharashtra, 400001.

When was Solar Magic Private Limited incorporated?

Solar Magic Private Limited was incorporated on 06 March 1998.

Who are the current directors of Solar Magic Private Limited?

The current directors of Solar Magic Private Limited are

What is the primary industry of Solar Magic Private Limited?

The primary industry of Solar Magic Private Limited is Manufacturing.

Is Solar Magic Private Limited a listed company?

Solar Magic Private Limited is unlisted.

What is the capital structure of Solar Magic Private Limited?

The authorized capital of Solar Magic Private Limited is ₹10.00 Cr, and the paid-up capital is ₹5.45 Cr.

What is the compliance status of Solar Magic Private Limited?

The compliance status of Solar Magic Private Limited is Compliant.

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