About Solaron Sustainability Services Private Limited
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Solaron Sustainability Services Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 03 December 2009.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2009PTC051723. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1.15 Lakh. It was led by directors Leela Prabhu Radhakrishna and Sonali Arora.
Its last annual general meeting (AGM) was held on 15 July 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at No.158 Anushri 8th Main Road 3rd Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2020, the company reported a revenue of ₹48.48 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹38.18 Lakh (net margin 78.8%) and EBITDA of ₹38.7 Lakh (EBITDA margin 79.8%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 23% over five years.
The company was associated with 1 brand: Solaron Sustainability Services. As per MCA filings, the company had satisfied charges of ₹1 Cr on record.
The last known website on record is solaronworld.com.
Company details
Contact details
Solaron Sustainability Services Private Limited's registered office is in Bangalore, Karnataka. Its website is solaronworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.158 Anushri 8th Main Road 3rd Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Solaron Sustainability Services 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
Brands
Solaron Sustainability Services operates one associated brand: Solaron Sustainability Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers customized ESG data services through innovative research methodologies worldwide. | solaronworld.com |
Business activity
The main business activity of Solaron Sustainability Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Solaron Sustainability Services Private Limited, buy the company report.
Financials of Solaron Sustainability Services Private Limited
FY 2020 filings availableSolaron Sustainability Services Private Limited reported revenue of ₹48.48 Lakh (down 55% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 55% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹38.7 Lakh | ||||
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| Net Profit (PAT) | ₹38.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 79.8% | ||||
| Net Profit Margin | 78.8% | ||||
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To see the full financial statements and ratios of Solaron Sustainability Services Private Limited, buy the company report.
Board of directors of Solaron Sustainability Services Private Limited
Solaron Sustainability Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Leela Prabhu Radhakrishna | Director | 17 Sep 2014 | 12 Years 1 Months | As last reported |
| Sonali Arora | Director | 03 Dec 2009 | 16 Years 11 Months | As last reported |
Auditor
Solaron Sustainability Services Private Limited is audited by Mannam & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mannam & Associates | FY 2017 | 007917S |
Shareholding
The shareholding of Solaron Sustainability Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Solaron Sustainability Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2012 | 10544977 | Indian Overseas Bank | ₹1 Cr | Satisfied |
To see the full charge records of Solaron Sustainability Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Solaron Sustainability Services 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 Solaron Sustainability Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solaron Sustainability Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Solaron Sustainability Services Private Limited, buy the company report.
Recent activity
Solaron Sustainability Services Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Vipul Arora ceased to be Director on 14 Mar 2019.
1 earlier event is in the company report.
Frequently asked questions
Solaron Sustainability Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Solaron Sustainability Services was a private limited company based in Bangalore, Karnataka, India. The company worked in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 03 December 2009 and is registered under CIN U74999KA2009PTC051723. The company has been struck off by the Registrar of Companies and is no longer operational.
Solaron Sustainability Services had 2 directors:
- Leela Prabhu Radhakrishna - Director
- Sonali Arora - Director
The CIN (Corporate Identification Number) of Solaron Sustainability Services is U74999KA2009PTC051723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Solaron Sustainability Services is at No.158 Anushri 8th Main Road 3rd Block Koramangala, Bangalore, Karnataka, India – 560034.
Solaron Sustainability Services was incorporated on 03 December 2009. It is registered with the Registrar of Companies, Bangalore.
Solaron Sustainability Services can be reached through the website solaronworld.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Solaron Sustainability Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 15 July 2020. Year-wise statements from 2015 are in the company report.
No. Solaron Sustainability Services has 1 GST registration on record and it is cancelled or inactive.
Solaron Sustainability Services operated in the business outsourcing industry, in the accounting and financial analysis segment. It worked in this industry before it was struck off.
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