Solar Mercantiles Pvt Ltd - financial services in Delhi, India. FY 2026 financials & compliance.
CIN U15209DL1996PTC194691 Incorporated 23 February 1996 ROC Delhi HQ Delhi, India
Active Private Limited Company financial services
Data last updated
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.31 Cr
Issued & subscribed
Satisfied charges
₹183.15 Cr
No open charges
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings
Last financials
Mar 2016
Balance sheet date
Last AGM
30 Sep 2016
Annual general meeting
Company status
Active
MCA master data

About Solar Mercantiles Pvt Ltd

Data last updated:

Solar Mercantiles Pvt Ltd is a private limited company based in Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 23 February 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U15209DL1996PTC194691.

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.31 Cr. It is led by directors Kailash Chand and Hare Ram Yadav.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Plot No 20 First Floor Arihant Nagar Eastern Western Side Punjabi Bagh, Delhi, India – 110063.

As per MCA filings, the company has satisfied charges of ₹183.15 Cr on record.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U15209DL1996PTC194691
Registration Number 194691
Incorporation Date 23 February 1996
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant

CIN history

Solar Mercantiles has one previous CIN (Corporate Identification Number): U15209WB1996PTC077584. The current CIN is U15209DL1996PTC194691, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U15209DL1996PTC194691Current
U15209WB1996PTC077584Previous

Contact details

Solar Mercantiles Pvt Ltd's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No 20 First Floor Arihant Nagar Eastern Western Side Punjabi Bagh, Delhi, India – 110063
  • Industry
    Financial Services, NBFC, Investment & Credit NBFC

To see the full contact details of Solar Mercantiles Pvt Ltd, buy the company report.

Comprehensive company report
Solar Mercantiles Pvt Ltd - one report that includes everything
  • 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
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Financials of Solar Mercantiles Pvt Ltd

FY 2016 filings available

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
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 Mercantiles Pvt Ltd, buy the company report.

Board of directors of Solar Mercantiles Pvt Ltd

Solar Mercantiles has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kailash ChandAdditional Director04 Oct 20215 Years 1 MonthsCurrent
Hare Ram YadavAdditional Director03 Mar 20206 Years 8 MonthsCurrent

Auditor

Solar Mercantiles Pvt Ltd is audited by G S K & ASSOCIATES LLP for the financial year 2016.

Auditor firmFinancial yearFirm registration number
G S K & ASSOCIATES LLPFY 2016013838N

Shareholding

The shareholding of Solar Mercantiles Pvt Ltd is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Solar Mercantiles Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹183.15 Cr
Breakdown by lending institutions
State Bank of India₹183.15 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Jul 201310436945State Bank of India₹183.15 CrSatisfied

To see the full charge records of Solar Mercantiles Pvt Ltd, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Solar Mercantiles Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Solar Mercantiles Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Solar Mercantiles Pvt Ltd has 10 board changes on record since 2007: 2 appointments and 8 cessations. The latest: Vijay Pal ceased to be Additional Director on 20 Oct 2021.

Charges
A charge registered on 09 Jul 2013 via Charge ID 10436945 with State Bank Of India was fully satisfied on 07 Dec 2023.
Ceased
Vijay Pal ceased to be Additional Director.
Appointed
Kailash Chand was appointed as Additional Director.
Appointed
Hare Ram Yadav was appointed as Additional Director.
Ceased
Priyanka Garg ceased to be Additional Director.
Ceased
Suresh Garg ceased to be Director.
Ceased
Rajkaran Singh ceased to be Additional Director.
Ceased
Atul Chanana ceased to be Director.
AGM
Solar Mercantiles Pvt Ltd last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Solar Mercantiles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Delhi.
Charges
A charge with State Bank Of India of Rs. 183.15 Cr registered on 09 Jul 2013 with Charge ID 10436945 was modified on 28 Mar 2016.
Charges
A charge with State Bank Of India amounted to Rs. 183.15 Cr with Charge ID 10436945 was registered on 09 Jul 2013.

4 earlier events are in the company report.

Frequently asked questions

Solar Mercantiles is an active private limited company based in Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 23 February 1996 (30+ years old) and is registered under CIN U15209DL1996PTC194691.

Solar Mercantiles has 2 current directors:

The latest financial statements of Solar Mercantiles on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Solar Mercantiles is U15209DL1996PTC194691. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solar Mercantiles was incorporated on 23 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.

Vijay Pal ceased to be Additional Director on 20 Oct 2021. Kailash Chand was appointed as Additional Director on 04 Oct 2021. Hare Ram Yadav was appointed as Additional Director on 03 Mar 2020. Solar Mercantiles has 10 board changes on record in total.

The registered office of Solar Mercantiles is at Plot No 20 First Floor Arihant Nagar Eastern Western Side Punjabi Bagh, Delhi, India – 110063.

Solar Mercantiles operates in the financial services industry, in the nbfc segment.

Solar Mercantiles has no open charges and satisfied charges of ₹183.15 Cr as per latest MCA filings.

The compliance status of Solar Mercantiles is active non-compliant as of 04 July 2026. The company is actively filing with the Registrar of Companies.