Solar Securities Private Limited
About Solar Securities Private Limited
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Solar Securities Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 20 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1994PTC081272.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Aditya Rajen Desai (Managing Director) and Rekha Sudhakar Shetty.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.26 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹20.12 Lakh (net margin -123.8%) and EBITDA of -₹19.13 Lakh (EBITDA margin -117.7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Solar Securities Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA/21 Saubhagya Co – Op Housing Society Limited Jivan Vikas Kendra Marg Kol Dongri And, Heri (E), Mumbai, Maharashtra, India – 400069
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Solar Securities 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 Securities is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Solar Securities Private Limited, buy the company report.
Financials of Solar Securities Private Limited
FY 2025 filings availableSolar Securities Private Limited reported revenue of ₹16.26 Lakh (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 49% 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 | -₹19.13 Lakh | ||||
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| Net Profit (PAT) | -₹20.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -117.7% | ||||
| Net Profit Margin | -123.8% | ||||
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To see the full financial statements and ratios of Solar Securities Private Limited, buy the company report.
Board of directors of Solar Securities Private Limited
Solar Securities has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Sudhakar Shetty Also directs: Arangetam Trading Company LLP, Prerna Healthcare Private Limited | Director | 24 Sep 1994 | 32 Years 1 Months | Current |
| Rajen Kapil Desai Also directs: Arangetam Trading Company LLP, Prerna Healthcare Private Limited, Chameleon Commodities Private Limited and 5 more | Director | 18 Mar 2020 | 6 Years 7 Months | Current |
| Aditya Rajen Desai Also directs: Arangetam Trading Company LLP, Prerna Healthcare Private Limited, Chameleon Commodities Private Limited and 5 more | Managing Director | 09 Jan 2019 | 7 Years 9 Months | Current |
| Ratnakar Mahabal Shetty | Director | 19 Oct 2005 | 21 Years 0 Months | Current |
Auditor
Solar Securities Private Limited is audited by L. T. JADAV & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L. T. JADAV & CO. | FY 2023 | 118218W |
Shareholding
The shareholding of Solar Securities 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 Securities Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Solar Securities Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solar Securities Private Limited; 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 Securities Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Solar Securities Private Limited has 6 board changes on record since 1994: 4 appointments and 2 cessations. The latest: Rajen Kapil Desai ceased to be Additional Director on 30 Sep 2020.
Frequently asked questions
Solar Securities is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 20 September 1994 (32+ years old) and is registered under CIN U99999MH1994PTC081272.
Solar Securities has 4 current directors:
- Aditya Rajen Desai - Managing Director
- Rekha Sudhakar Shetty - Director
- Rajen Kapil Desai - Director
- Ratnakar Mahabal Shetty - Director
The latest financial statements of Solar Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Solar Securities is U99999MH1994PTC081272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Securities was incorporated on 20 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajen Kapil Desai ceased to be Additional Director on 30 Sep 2020. Rajen Kapil Desai was appointed as Director on 18 Mar 2020. Aditya Rajen Desai ceased to be Additional Director on 27 Sep 2019. Solar Securities has 6 board changes on record in total.
The registered office of Solar Securities is at A21 Saubhagya Co – Op Housing Society Limited Jivan Vikas Kendra Marg Kol Dongri And, Heri E, Mumbai, Maharashtra, India – 400069.
Solar Securities operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Solar Securities is compliant as of 21 July 2026. The company is actively filing with the Registrar of Companies.
Solar Securities can be reached at its registered office: A21 Saubhagya Co – Op Housing Society Limited Jivan Vikas Kendra Marg Kol Dongri And, Heri E, Mumbai, Maharashtra, India – 400069.