Solar Offset Printers Pvt Ltd
About Solar Offset Printers Pvt Ltd
Data last updated:
Solar Offset Printers Pvt Ltd is a private limited company based in Thiruvananthapuram, Kerala, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the commercial printing services segment of the media and publishing sector. It was incorporated on 30 July 1992.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U22212KL1992PTC006647. Its GSTIN is 32AAICS2658H1ZB (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹3.88 Cr. It is led by directors Sajitha Devanayakom (Managing Director) and Sanjeev Charles (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No. 42 Industrial Development Plot Manvila Kulathoor P.O., Thiruvananthapuram, Kerala, India – 695583.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.34 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹5.54 Cr (net margin -87.3%) and EBITDA of -₹4.02 Lakh (EBITDA margin -0.6%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.85 Cr and satisfied charges of ₹52.56 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 4 cases are pending.
Company details
Contact details
Solar Offset Printers Pvt Ltd's registered office is in Thiruvananthapuram, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 42 Industrial Development Plot Manvila Kulathoor P.O., Thiruvananthapuram, Kerala, India – 695583
- IndustryMedia and Publishing, Commercial Printing Services
To see the full contact details of Solar Offset Printers Pvt Ltd, 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 Offset Printers is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media |
To see the full business activity and turnover split of Solar Offset Printers Pvt Ltd, buy the company report.
Financials of Solar Offset Printers Pvt Ltd
FY 2019 filings availableSolar Offset Printers Pvt Ltd reported revenue of ₹6.34 Cr (down 47% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 47% fall in the latest year. EBITDA fell 104% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.54 Cr | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.6% | ||||
| Net Profit Margin | -87.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Offset Printers Pvt Ltd, buy the company report.
Board of directors of Solar Offset Printers Pvt Ltd
Solar Offset Printers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sajitha Devanayakom Also directs: Impel Machines Pvt Ltd | Managing Director | 30 Jul 1992 | 34 Years 3 Months | As last reported |
| Sanjeev Charles Also directs: Impel Machines Pvt Ltd, Kerala Sidco Hitech Security Printing Solutions Private Limited, Intimate Machines Private Ltd and 3 more | Whole-Time Director | 18 Dec 1993 | 32 Years 10 Months | As last reported |
Peer comparison
Solar Offset Printers Pvt Ltd is compared with the 5 companies closest to it by revenue in the Media and Publishing industry (Commercial Printing), with the same principal business activity (printing, reproduction of recorded media), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pushpak Press Private Limited | ₹6.4 Cr (FY 2024) | 47.0% | New Delhi, Delhi, India | |||
| Sarthak Displays Private Limited | ₹6.39 Cr (FY 2025) | -39.0% | Sonipat, Haryana, India | |||
| Solar Offset Printers Pvt Ltdthis company | ₹6.34 Cr (FY 2019) | -₹5.54 Cr | -87.3% | -47.0% | 18 | Thiruvananthapuram, Kerala, India |
| Kadam Digital Transprints Private Limited. | ₹6.33 Cr (FY 2024) | -2.0% | Shaniwar Peth, Maharashtra, India | |||
| Agarwal Sahitya Sadan Private Limited | ₹6.33 Cr (FY 2023) | 37.0% | Jaipur, Rajasthan, India | |||
| Prizam Printers and Publishers Limited | ₹6.32 Cr (FY 2025) | -6.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Solar Offset Printers Pvt Ltd, buy the company report.
Auditor
Solar Offset Printers Pvt Ltd is audited by KUMAR & BIJU ASSOCIATES LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR & BIJU ASSOCIATES LLP | FY 2019 | 006113S |
Shareholding
The shareholding of Solar Offset Printers Pvt Ltd is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Solar Offset Printers Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2017 | 100091539 | Others | ₹1.04 Cr | Open | |
| 04 Mar 2016 | 100185471 | State Bank of India | ₹3.06 Cr | Open | |
| 04 Dec 2015 | 10616610 | State Bank of India | ₹12.25 Cr | Open | |
| 27 Mar 2015 | 10557735 | Kerala State Industrial Development Corporation Limited | ₹12.5 Cr | Open | |
| 20 Jan 2012 | 10434854 | Canara Bank | ₹6.25 Cr | Satisfied |
To see the full charge records of Solar Offset Printers Pvt Ltd, buy the company report.
Total charge records: 16 View all charges
Legal cases
Solar Offset Printers Pvt Ltd has 10 court cases on record: 6 filed by Solar Offset Printers, 4 filed against it. 4 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 2 |
| High courts | 5 | 1 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thiruvananthapuram, Kerala | Criminal complaint | Filed against the company by The Kerala State Industrial Development Corporation | Pending |
| District court, Thiruvananthapuram, Kerala | Court case (MC) | Filed against the company by Kerala State Industrial Development Corporation Limited | Disposed |
| District court, Thiruvananthapuram, Kerala | Criminal complaint | Filed against the company by Kerala State Industrial Development Corporation Limited Company | Pending |
| High Court of Kerala | Writ petition | Filed against the company | Pending |
| High Court | Appeal | Filed by the company against individuals | Pending |
To see the full case history of Solar Offset Printers Pvt Ltd, 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 Offset Printers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solar Offset Printers Pvt Ltd has a workforce of 18 employees on its EPFO records as of May 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 18 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Solar Offset Printers Pvt Ltd, buy the company report.
GST
Solar Offset Printers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICS2658H1ZB | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solar Offset Printers Pvt Ltd, buy the company report.
Recent activity
Solar Offset Printers Pvt Ltd has 6 board changes on record since 1992: 2 appointments and 4 cessations. The latest: David Kudakkachira Lukose ceased to be Additional Director on 18 Aug 2020.
30 earlier events are in the company report.
Frequently asked questions
Solar Offset Printers is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Solar Offset Printers is a company under liquidation, formerly operating as a private limited company based in Thiruvananthapuram, Kerala, India. The company works in commercial printing services, within the media and publishing industry. It was incorporated on 30 July 1992 and is registered under CIN U22212KL1992PTC006647. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Solar Offset Printers has 2 current directors:
- Sajitha Devanayakom - Managing Director
- Sanjeev Charles - Whole-Time Director
The latest financial statements of Solar Offset Printers on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Solar Offset Printers is U22212KL1992PTC006647. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Offset Printers has open charges of ₹28.85 Cr and satisfied charges of ₹52.56 Cr as per latest MCA filings.
Solar Offset Printers has 10 court cases on record: 6 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
Solar Offset Printers was incorporated on 30 July 1992. It is registered with the Registrar of Companies, Ernakulam.
The peers of Solar Offset Printers by revenue are Pushpak Press Private Limited, Sarthak Displays Private Limited, Kadam Digital Transprints Private Limited, Agarwal Sahitya Sadan Private Limited, Prizam Printers and Publishers Limited, all in the Media and Publishing industry (Commercial Printing), with the same principal business activity (printing, reproduction of recorded media).
David Kudakkachira Lukose ceased to be Additional Director on 18 Aug 2020. Dheeraj Sanjeev ceased to be Director on 30 Mar 2019. John Antony Wilson ceased to be Director on 28 Feb 2013. Solar Offset Printers has 6 board changes on record in total.
The registered office of Solar Offset Printers is at Plot No. 42 Industrial Development Plot Manvila Kulathoor P.O., Thiruvananthapuram, Kerala, India – 695583.
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