Solaris Developers Private Limited - Company Profile

It is a real estate and construction private limited company based in Mumbai, Maharashtra, India, established in 2005.
2005 Mumbai, Maharashtra, India Active
Last Updated:
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About Solaris Developers Private Limited

Solaris Developers Private Limited, a active private limited company, was established on 04 March 2005 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U92100MH2005PTC151772. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.30 Cr and a paid-up capital of ₹8.58 M.

Formerly known as Mirage Entertainment Pvt Ltd. It upholds a compliant status. Its leadership includes Yogesh Virendra Handa (Director), Rakeshkumar Virendrakumar Handa (Director). Past directors included Anne Haeems, Maurice Haeems. It holds ₹25.55 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at 205, Floor G & 2, Emca House, Shahid Bhagat Singh Road, Ballard Estate, Fort, Mumbai, Maharashtra, 400001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U92100MH2005PTC151772

  • Registration Number

    151772

  • Incorporation Date

    04 March 2005

  • Authorized Capital

    ₹1.30 Cr

  • Paid-Up Capital

    ₹8.58 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.30 Cr
  • Paid Up Capital ₹ 8.58 M
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25.55 Cr
  • Revenue Growth **** %
  • Profit Growth **** 99.37%
  • Ebitda **** 99.07%
  • Net Worth -0.09%
  • Total Assets -0.03%
Company report

Solaris Developers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Solaris Developers Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Solaris Developers Private Limited?
Current Directors
Name Designation Appointment Date Status
Yogesh Virendra Handa Director 31 Aug 2005 Current
Rakeshkumar Virendrakumar Handa Director 31 Aug 2005 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 19 Sep 2008 Past
Pramod Abcsdd Director 04 Oct 2013 Past

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Financial Performance of Solaris Developers.

Solaris Developers Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 99.37% increase in profit. The company's net worth dipped by a decrease of 0.09%.

Solaris Developers revenue growth over time
Solaris Developers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -0.03%
*******
*******
*******
*******
Profit or Loss
*******
 99.37%
*******
*******
*******
*******
Net Worth
*******
 -0.09%
*******
*******
*******
*******
EBITDA
*******
 99.07%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Solaris Developers?

In 2021, Solaris Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹255,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 17.00 Cr
  • The South Indian Bank Limited : 6.40 Cr
  • Icici Bank Limited : 2.15 Cr
Latest Charge Details
Date Lender Amount Status
18 May 2017 Others ₹2.00 Cr Open
21 Oct 2016 Others ₹15.00 Cr Open
08 Oct 2015 The South Indian Bank Limited ₹4.40 Cr Open
29 Nov 2012 Icici Bank Limited ₹2.15 Cr Open
25 Jun 2010 The South Indian Bank Limited ₹2.00 Cr Open

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How Many Employees Work at Solaris Developers?

Unlock and access historical data on people associated with Solaris Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solaris Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Solaris Developers's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Solaris Developers
Recent Activity within the Organization
  • Annual General Meeting

    The activity Solaris Developers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was completed.

  • Balance Sheet

    Solaris Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 15.00 Cr registered on 21 Oct 2016 with Charge ID 100057366 was modified on 30 Sep 2022. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100100728 was registered on 18 May 2017. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100057366 was registered on 21 Oct 2016. was completed.

  • Charges

    Progress on A charge with The South Indian Bank Limited amounted to Rs. 4.40 Cr with Charge ID 10606086 was registered on 08 Oct 2015. was documented.

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Frequently Asked Questions
What is the CIN of Solaris Developers Private Limited?

The CIN of Solaris Developers Private Limited is U92100MH2005PTC151772.

Where is Solaris Developers Private Limited headquartered?

Solaris Developers Private Limited is headquartered at 205, Floor G & 2, Emca House, Shahid Bhagat Singh Road, Ballard Estate, Fort, Mumbai, Maharashtra, 400001.

When was Solaris Developers Private Limited incorporated?

Solaris Developers Private Limited was incorporated on 04 March 2005.

Who are the current directors of Solaris Developers Private Limited?

The current directors of Solaris Developers Private Limited are

What is the primary industry of Solaris Developers Private Limited?

The primary industry of Solaris Developers Private Limited is Construction.

Is Solaris Developers Private Limited a listed company?

Solaris Developers Private Limited is unlisted.

What is the capital structure of Solaris Developers Private Limited?

The authorized capital of Solaris Developers Private Limited is ₹1.30 Cr, and the paid-up capital is ₹8.58 M.

What is the compliance status of Solaris Developers Private Limited?

The compliance status of Solaris Developers Private Limited is Compliant.

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