
Solaris Lifetech Private Limited
About Solaris Lifetech Private Limited
Data last updated:
Solaris Lifetech Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 26 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U71100GJ2018PTC104951. Its GSTIN is 24ABBCS0617G1ZS (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.85 Lakh. It is led by directors including Ajay Pal Singh and Nouman Khan.
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 Shop – A/101 Solaris The Address Opp. Big Bazaar Piplod, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.25 Lakh. For the same year it recorded a net loss of ₹8.31 Lakh (net margin -255.9%) and EBITDA of -₹4.95 Lakh (EBITDA margin -152.5%).
Court records list 1 case involving the company, including 1 filed against it.
Company details
Recognitions & Rankings of Solaris Lifetech
Contact details
Solaris Lifetech Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop – A/101 Solaris The Address Opp. Big Bazaar Piplod, Surat, Gujarat, India – 395007
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Solaris Lifetech 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 Solaris Lifetech is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Solaris Lifetech Private Limited, buy the company report.
Financials of Solaris Lifetech Private Limited
FY 2019 filings availableSolaris Lifetech Private Limited reported revenue of ₹3.25 Lakh for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹3.25 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹4.95 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹8.31 Lakh |
| 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 | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2018-19 |
|---|---|
| Profitability | |
| EBITDA Margin | -152.5% |
| Net Profit Margin | -255.9% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| 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 Solaris Lifetech Private Limited, buy the company report.
Board of directors of Solaris Lifetech Private Limited
Solaris Lifetech 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 |
|---|---|---|---|---|
| Ajay Pal Singh Also directs: Shree Kukke Subramanya Ventures Private Limited, Swag Ert Rescue Foundation, Blackbeard Entertainment Private Limited and 2 more | Director | 22 Dec 2020 | 5 Years 10 Months | Current |
| Nouman Khan Also directs: Artx Music Private Limited, C4hubs Gigs Private Limited | Director | 13 Jun 2020 | 6 Years 5 Months | Current |
| Amit Kumar Purohit | Director | 26 Oct 2018 | 8 Years 0 Months | Current |
| Pradeep Kushal Shetty Also directs: Arthon General Private Limited, R Z Properties Private Limited, Exd Five Rings Private Limited and 2 more | Additional Director | 22 Dec 2020 | 5 Years 10 Months | Current |
Auditor
Solaris Lifetech Private Limited is audited by GAURAV V SINGHVI & CO LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAURAV V SINGHVI & CO LLP | FY 2019 | W100243 |
Shareholding
The shareholding of Solaris Lifetech Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Solaris Lifetech Private Limited, buy the company report.
Legal cases
Solaris Lifetech Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (A.I.R.MISC) | Filed against the company | Disposed |
To see the full case history of Solaris Lifetech Private Limited, 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 Solaris Lifetech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solaris Lifetech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABBCS0617G1ZS | Gujarat | Active | 10 Dec 2018 |
To see the full GST registrations and return filing status of Solaris Lifetech Private Limited, buy the company report.
Recent activity
Solaris Lifetech Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Ajay Pal Singh was appointed as Director on 22 Dec 2020.
Frequently asked questions
Solaris Lifetech is an active private limited company based in Surat, Gujarat, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 26 October 2018 (8+ years old) and is registered under CIN U71100GJ2018PTC104951.
Solaris Lifetech has 4 current directors:
- Ajay Pal Singh - Director
- Nouman Khan - Director
- Amit Kumar Purohit - Director
- Pradeep Kushal Shetty - Additional Director
The latest financial statements of Solaris Lifetech 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 FY 2019 are in the company report.
The GSTIN of Solaris Lifetech is 24ABBCS0617G1ZS, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Solaris Lifetech is U71100GJ2018PTC104951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solaris Lifetech has 1 court case on record: 1 filed against it.
Solaris Lifetech was incorporated on 26 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ajay Pal Singh was appointed as Director on 22 Dec 2020. Pradeep Kushal Shetty was appointed as Additional Director on 22 Dec 2020. Hitesh Prakashchand Rohera ceased to be Director on 13 Jun 2020. Solaris Lifetech has 6 board changes on record in total.
Yes, Solaris Lifetech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Solaris Lifetech is at Shop – A101 Solaris The Address Opp. Big Bazaar Piplod, Surat, Gujarat, India – 395007.

