Solar Magic Private Limited

Solar Magic Private Limited - agriculture in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U01100MH1998PTC113856 Incorporated 06 March 1998 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company agriculture
Data last updated
Revenue · FY 2025
₹14.78 Cr
▲ 33.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹5.45 Cr
Issued & subscribed
Open charges
None
Satisfied ₹5 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
9
Latest available

About Solar Magic Private Limited

Data last updated: 21 December 2025

Solar Magic Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Godavari Biorefineries Limited. It specialises in agricultural support and advisory, a part of the broader agriculture sector. Incorporated on 06 March 1998, the company has been in operation for over 28 years.

Registered with ROC Mumbai under CIN U01100MH1998PTC113856.

Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.45 Cr. Formerly known as Padmanabh Agencies Limited and Padmanabh Agencies Private Limited. It is led by directors including Dharmil Nirupam Sheth and Karan Harshad Mengar.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Somaiya Bhavan 45/47 M G Road Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2025, the company reported a revenue of ₹14.78 Cr, a growth of 33% compared to the previous year.

The company has a workforce of approximately 9 employees as per the latest available data. It operates as a subsidiary of Godavari Biorefineries Limited.

As per MCA filings, the company has satisfied charges of ₹5 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website somaiya.com.

Company Details of Solar Magic Private Limited
CIN U01100MH1998PTC113856
Registration Number 113856
Incorporation Date 06 March 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Godavari Biorefineries Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    Somaiya Bhavan 45/47 M G Road Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Agriculture, Agri Support Services, Agro Retail & Distribution, Crop Production & Distribution
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Financials, compliance, directors, charges, ownership and filings for Solar Magic Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Solar Magic Private Limited

Solar Magic Private Limited has undergone 2 name changes throughout its history. The company was previously known as Padmanabh Agencies Limited, and Padmanabh Agencies Private Limited. The current legal name is Solar Magic Private Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Solar Magic Private Limited Current
Padmanabh Agencies Limited Previous
Padmanabh Agencies Private Limited Previous

CIN History of Solar Magic Private Limited

Solar Magic Private Limited has one previous CIN (Corporate Identification Number): U51900MH1998PTC113856. The current CIN is U01100MH1998PTC113856, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U01100MH1998PTC113856 Current
U51900MH1998PTC113856 Previous

Business Activity of Solar Magic Private Limited

Solar Magic Private Limited is engaged in principal business activities including trade and manufacturing, with detailed activities including retail trading, food, beverages and tobacco products. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G2 Retail Trading Locked
C Manufacturing C1 Food, beverages and tobacco products Locked
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Business activity turnover details for Solar Magic Private Limited

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Auditor Details of Solar Magic Private Limited

Solar Magic Private Limited is audited by DESAI SAKSENA & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
DESAI SAKSENA & ASSOCIATES Locked Locked Locked
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Complete auditor history for Solar Magic Private Limited

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Board of Directors of Solar Magic Private Limited

Solar Magic Private Limited is currently managed by 5 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Dharmil Nirupam Sheth Director 20 Jun 2020 6 Years 1 Months Current
Karan Harshad Mengar Director 20 Jun 2020 6 Years 1 Months Current
Samir Shantilal Somaiya Director 06 Mar 1998 28 Years 5 Months Current
Bhalachandra Raghavendra Bakshi Director 29 Mar 2011 15 Years 4 Months Current
Veerappa Shankrappa Kanabur Director 30 Nov 2023 2 Years 8 Months Current

Financials of Solar Magic Private Limited FY 2025 filings available

Solar Magic Private Limited reported revenue of ₹14.78 Cr (up 33.00% YoY) for FY 2025.

Revenue · FY 2025
₹14.78 Cr ▲ 33.00%
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Ten-year financial statements for Solar Magic Private Limited

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Ownership and Shareholding of Solar Magic Private Limited

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Shareholding and ownership data for Solar Magic Private Limited

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Charges & Borrowings of Solar Magic Private Limited

Open charges
₹0
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Corporation Bank₹5.00 Cr
Latest charge details
DateLenderAmountStatus
16 Nov 2015 Corporation Bank ₹5 Cr Satisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Solar Magic Private Limited

Solar Magic Private Limited has a workforce of 9 employees as of Apr 08, 2024.

Employee count
9
Active EPFO establishments
1
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Employee and EPFO history for Solar Magic Private Limited

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GST Compliance of Solar Magic Private Limited

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GST registrations and filing compliance for Solar Magic Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Solar Magic Private Limited

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Credit ratings, litigation, and regulatory alerts for Solar Magic Private Limited

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MSME Payment Delays by Solar Magic Private Limited

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MSME payment history for Solar Magic Private Limited

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Subsidiaries & Group Companies of Solar Magic Private Limited

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Corporate group structure for Solar Magic Private Limited

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MCA Filings & Documents of Solar Magic Private Limited

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MCA filings and documents for Solar Magic Private Limited

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  • Annual returns and statements
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Recent Activity on Solar Magic Private Limited

Activity
30 Sep 2025
Solar Magic Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Solar Magic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
30 Nov 2023
Veerappa Shankrappa Kanabur was appointed as a Director on 30 Nov 2023 & has been associated with this company since 2 years 8 months.
Charges
15 Feb 2023
A charge registered on 16 Nov 2015 via Charge ID 10607033 with Corporation Bank was fully satisfied on 15 Feb 2023.
Directors
20 Jun 2020
Dharmil Nirupam Sheth was appointed as a Director on 20 Jun 2020 & has been associated with this company since 6 years 1 month.
Directors
20 Jun 2020
Karan Harshad Mengar was appointed as a Director on 20 Jun 2020 & has been associated with this company since 6 years 1 month.

Frequently Asked Questions about Solar Magic Private Limited

Solar Magic Private Limited is an active private limited company in the agriculture sector based in Mumbai, Maharashtra, India. It was incorporated on 06 March 1998 (28+ years old) and is registered under CIN U01100MH1998PTC113856. The company has 9 employees.

Solar Magic Private Limited reported revenue of ₹14.78 Cr for FY 2025 (up 33.00% YoY).

The current directors of Solar Magic Private Limited are:

The primary industry of Solar Magic Private Limited is agriculture. The company specifically operates in agri support services. The company is currently active in this sector.

Solar Magic Private Limited can be reached at the registered office: Somaiya Bhavan 4547 M G Road Fort, Mumbai, Maharashtra, India – 400001, or through the website somaiya.com.

The authorised capital is ₹10 Cr, and the paid-up capital is ₹5.45 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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