Solar Synthetics Pvt. Ltd.
About Solar Synthetics Pvt. Ltd.
Data last updated:
Solar Synthetics Pvt. Ltd. is a private limited company based in W.E.F. Dt.30, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 10 June 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1986PTC040052. Its GSTIN is 27AAACS5402P1Z5 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Harsh Hardeep Mehra and Rajkumar Nandlal Pachisia.
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 2nd Floor Mandbhawan Ind.Estatmahakali Caves Road Andheri (W Mumbai – 93, W.E.F. Dt.30, Maharashtra, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.31 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹11.41 Lakh (net margin 28.3%) and EBITDA of ₹18.71 Lakh (EBITDA margin 46.4%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹49.34 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Solar Synthetics Pvt. Ltd.'s registered office is in W.E.F. Dt.30, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor Mandbhawan Ind.Estatmahakali Caves Road Andheri (W Mumbai – 93, W.E.F. Dt.30, Maharashtra, India
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Solar Synthetics 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
Financials of Solar Synthetics Pvt. Ltd.
FY 2025 filings availableSolar Synthetics Pvt. Ltd. reported revenue of ₹40.31 Lakh (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 7% growth in the latest year. EBITDA rose 169% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹18.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.41 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 46.4% | ||||
| Net Profit Margin | 28.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Solar Synthetics Pvt. Ltd., buy the company report.
Board of directors of Solar Synthetics Pvt. Ltd.
Solar Synthetics has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Hardeep Mehra Also directs: Jagannath Yarns Private Limited | Director | 01 May 2025 | 1 Years 6 Months | Current |
| Rajkumar Nandlal Pachisia Also directs: Loyal Syntex Processors Limited | Director | 10 Jun 1986 | 40 Years 4 Months | Current |
| Ashish Vijay Mehra | Director | 25 Feb 2022 | 4 Years 8 Months | Current |
| Arunkumar Nandlal Pachisia Also directs: Loyal Syntex Processors Limited | Director | 03 Aug 2024 | 2 Years 3 Months | Current |
| Kanika Nishant Mehra | Director | 01 May 2025 | 1 Years 6 Months | Current |
Peer comparison
Solar Synthetics Pvt. Ltd. is compared with the 6 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Staco Steel (India) Pvt Ltd | ₹40.4 Lakh (FY 2024) | -11.0% | Pune, Maharashtra, India | |||
| Shreeji Merchants Private Limited | ₹40.4 Lakh (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Shaina Real Estates Private Limited | ₹40.35 Lakh (FY 2025) | 2046.0% | Mumbai, Maharashtra, India | |||
| Solar Synthetics Pvt. Ltd.this company | ₹40.31 Lakh (FY 2024) | ₹11.41 Lakh | 28.3% | 7.0% | W.E.F. Dt.30, Maharashtra, India | |
| Purvaja Projects Private Limited | ₹40.3 Lakh (FY 2025) | 62.0% | Mumbai, Maharashtra, India | |||
| Shiva Proteins and Oils Private Limited | ₹40.21 Lakh (FY 2023) | 350.0% | Agra, Uttar Pradesh, India | |||
| Apeejay Chemical Industries P Ltd. | ₹40.18 Lakh (FY 2025) | 19.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Solar Synthetics Pvt. Ltd., buy the company report.
Auditor
Solar Synthetics Pvt. Ltd. is audited by MANDHANIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANDHANIA & ASSOCIATES | FY 2023 | 114942W |
Shareholding
The shareholding of Solar Synthetics Pvt. Ltd. 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solar Synthetics Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 1994 | 90358831 | Canara Bank | ₹2 Lakh | Open | |
| 05 Aug 1994 | 90358794 | Canara Bank | ₹10 Lakh | Open | |
| 13 Jun 1987 | 90358135 | Canara Bank | ₹3.25 Lakh | Open | |
| 25 May 1987 | 90358129 | Canara Bank | ₹25 Lakh | Open | |
| 22 May 1987 | 90358128 | Canara Bank | ₹3.25 Lakh | Open |
Total charge records: 7 View all charges
Legal cases
Solar Synthetics Pvt. Ltd. has 1 court case on record: 1 filed by Solar Synthetics. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against State of Raj. and Ors. | Disposed |
To see the full case history of Solar Synthetics 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 Synthetics Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solar Synthetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS5402P1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solar Synthetics Pvt. Ltd., buy the company report.
Recent activity
Solar Synthetics Pvt. Ltd. has 9 board changes on record since 1986: 6 appointments and 3 cessations. The latest: Harsh Hardeep Mehra was appointed as Director on 01 May 2025.
7 earlier events are in the company report.
Frequently asked questions
Solar Synthetics is an active private limited company based in W.E.F. Dt.30, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 10 June 1986 (40+ years old) and is registered under CIN U99999MH1986PTC040052.
Solar Synthetics has 5 current directors:
- Harsh Hardeep Mehra - Director
- Rajkumar Nandlal Pachisia - Director
- Ashish Vijay Mehra - Director
- Arunkumar Nandlal Pachisia - Director
- Kanika Nishant Mehra - Director
The latest financial statements of Solar Synthetics 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 GSTIN of Solar Synthetics is 27AAACS5402P1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Solar Synthetics is U99999MH1986PTC040052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Synthetics has 1 court case on record: 1 filed by the company.
Solar Synthetics was incorporated on 10 June 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Solar Synthetics by revenue are Staco Steel (India) Pvt Ltd, Shreeji Merchants Private Limited, Shaina Real Estates Private Limited, Purvaja Projects Private Limited, Shiva Proteins and Oils Private Limited and 1 more, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Harsh Hardeep Mehra was appointed as Director on 01 May 2025. Kanika Nishant Mehra was appointed as Director on 01 May 2025. Hardeep Mehra Meharchand ceased to be Director on 26 Mar 2025. Solar Synthetics has 9 board changes on record in total.
The registered office of Solar Synthetics is at 2nd Floor Mandbhawan Ind.Estatmahakali Caves Road Andheri W Mumbai – 93, W.E.F. Dt.30, Maharashtra, India.
Solar Synthetics operates in the financial services industry, in the real estate financing segment.
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