Solaris Industrial Chemicals Limited - Company Profile

It is a financial services public limited company based in Gurugram, Haryana, India, established in 2003.
2003 Gurugram, Haryana, India Active
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About Solaris Industrial Chemicals Limited

Solaris Industrial Chemicals Limited, a active public limited company, was established on 10 November 2003 in Gurugram, Haryana, India. Engaging in diversified financial services within the trade sector, it holds CIN: U24119HR2003PLC093051. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Its leadership includes Biju Thodakkarayil Varkey (Director), Akhil Mahajan (Director), Raghubir Kumar Sharma (Director). Past directors included Biju Thodakkarayil Varkey, Akhil Mahajan, Ramesh Kumar Chopra. It holds ₹1,528.00 Cr open charges and ₹130.00 Cr settled loans. Its latest AGM occurred on 15 September 2025, with the balance sheet filed on 31 March 2025. It is based at First India Place,Tower-C Mehrauli Gurgaon Road, Gurugram, Haryana, 122001.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U24119HR2003PLC093051

  • Registration Number

    093051

  • Incorporation Date

    10 November 2003

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 0.50 M
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1,528.00 Cr
  • Satisfied Charges ₹ 130.00 Cr
  • Revenue Growth **** -55.56%
  • Profit Growth **** 130.23%
  • Ebitda **** 61.17%
  • Net Worth ****
  • Total Assets **** 0.01%
Company report

Solaris Industrial Chemicals Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Solaris Industrial Chemicals 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 Industrial Chemicals Limited?
Current Directors
Name Designation Appointment Date Status
Biju Thodakkarayil Varkey Director 17 Aug 2023 Current
Akhil Mahajan Director 16 Nov 2010 Current
Raghubir Kumar Sharma Director 27 Apr 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 24 Sep 2023 Past
Pramod Abcsdd Additional Director 31 Mar 2011 Past
Pramod Abcsdd Director 16 Nov 2010 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Director 27 Mar 2009 Past
Pramod Abcsdd Additional Director 28 Mar 2008 Past

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Financial Performance of Solaris Industrial Chemicals.

Solaris Industrial Chemicals Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 55.56% decrease. The company also saw a substantial improvement in profitability, with a 130.23% increase in profit. The company's net worth witnessed no change by increase of 0%.

Solaris Industrial Chemicals revenue growth over time
Solaris Industrial Chemicals 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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 -55.56%
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Revenue from Operations
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*******
*******
Total Assets
*******
 0.01%
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*******
*******
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Profit or Loss
*******
 130.23%
*******
*******
*******
*******
Net Worth
*******
*******
*******
*******
*******
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EBITDA
*******
 61.17%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Solaris Industrial Chemicals?

In 2021, Solaris Industrial Chemicals had a promoter holding of 100.00%. The company had 2 Subsidiaries. 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

₹15,280,000,000.00

Satisfied Charges

₹1,300,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 1463.00 Cr
  • Indusind Bank Ltd. : 65.00 Cr
Latest Charge Details
Date Lender Amount Status
13 Feb 2019 Others ₹778.00 Cr Open
28 Sep 2018 Others ₹485.00 Cr Open
14 Sep 2016 Others ₹200.00 Cr Open
06 Dec 2010 Indusind Bank Ltd. ₹65.00 Cr Open
16 Sep 2008 L & T Finance Limited ₹130.00 Cr Satisfied

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How Many Employees Work at Solaris Industrial Chemicals?

Unlock and access historical data on people associated with Solaris Industrial Chemicals, 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 Industrial Chemicals, 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 Industrial Chemicals'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 Industrial Chemicals
Recent Activity within the Organization
  • Annual General Meeting

    Solaris Industrial Chemicals Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Solaris Industrial Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi. was completed.

  • Director Appointment

    Progress on Biju Thodakkarayil Varkey was appointed as a Director was appointed as a Director on 17 Aug 2023 & has been associated with this company since 2 years 6 months . was documented.

  • Charges

    The activity A charge with Others of Rs. 485.00 Cr registered on 28 Sep 2018 with Charge ID 100209593 was modified on 09 Jul 2019. was completed.

  • Charges

    A charge with Others amounted to Rs. 778.00 Cr with Charge ID 100243457 was registered on 13 Feb 2019. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 485.00 Cr with Charge ID 100209593 was registered on 28 Sep 2018. was completed.

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Frequently Asked Questions
What is the CIN of Solaris Industrial Chemicals Limited?

The CIN of Solaris Industrial Chemicals Limited is U24119HR2003PLC093051.

Where is Solaris Industrial Chemicals Limited headquartered?

Solaris Industrial Chemicals Limited is headquartered at First India Place,Tower-C Mehrauli Gurgaon Road, Gurugram, Haryana, 122001.

When was Solaris Industrial Chemicals Limited incorporated?

Solaris Industrial Chemicals Limited was incorporated on 10 November 2003.

Who are the current directors of Solaris Industrial Chemicals Limited?

The current directors of Solaris Industrial Chemicals Limited are

What is the primary industry of Solaris Industrial Chemicals Limited?

The primary industry of Solaris Industrial Chemicals Limited is Trade.

Is Solaris Industrial Chemicals Limited a listed company?

Solaris Industrial Chemicals Limited is unlisted.

What is the capital structure of Solaris Industrial Chemicals Limited?

The authorized capital of Solaris Industrial Chemicals Limited is ₹5.00 Cr, and the paid-up capital is ₹0.50 M.

What is the compliance status of Solaris Industrial Chemicals Limited?

The compliance status of Solaris Industrial Chemicals Limited is Compliant.

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