MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0073923
Solasmar Marine Services Private Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3 Cr
▼ 48% YoY
Net profit · FY 2025
₹8.16 Lakh
Net margin 2.7%
EBITDA · FY 2025
₹52.92 Lakh
EBITDA margin 17.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹75.6 Lakh
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Solasmar Marine Services Private Limited
Data last updated:
Solasmar Marine Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the marine and naval engineering segment of the engineering sector. It was incorporated on 06 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63032MH2008PTC187284. Its GSTIN is 27AAMCS4976J1ZK (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mausumi Subhram Kumar Jena and Subhram Kumar Jena.
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 B – 102 Krishna Galaxy Datta Mandir Road Vakola Santakruz (East), Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2025, the company reported a revenue of ₹3 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹8.16 Lakh (net margin 2.7%) and EBITDA of ₹52.92 Lakh (EBITDA margin 17.6%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 37% over five years.
The company is associated with 1 brand: Solasmar. As per MCA filings, the company has open charges of ₹75.6 Lakh on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 1 case is pending.
Solasmar Marine Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0073923). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solasmar.in.
Company details
CIN U63032MH2008PTC187284
Registration Number 187284
Incorporation Date 06 October 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0073923
Recognitions & Rankings of Solasmar Marine Services
Contact details
Solasmar Marine Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is solasmar.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 102 Krishna Galaxy Datta Mandir Road Vakola Santakruz (East), Mumbai, Maharashtra, India – 400055
- IndustryEngineering, Marine & Naval Engineering
To see the full contact details of Solasmar Marine Services Private Limited, buy the company report.
Comprehensive company report
Solasmar Marine Services Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Solasmar Marine Services operates one associated brand: Solasmar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Marine services, oil and gas support, and equipment repairs for various industries in India. | solasmar.in |
Business activity
The main business activity of Solasmar Marine Services is professional, scientific and technical activities. In detail, this covers architectural and engineering activities; technical testing and analysis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 71 | Architectural and engineering activities; technical testing and analysis |
To see the full business activity and turnover split of Solasmar Marine Services Private Limited, buy the company report.
Financials of Solasmar Marine Services Private Limited
FY 2025 filings availableSolasmar Marine Services Private Limited reported revenue of ₹3 Cr (down 48% YoY) for FY 2025.
Revenue · FY 2025
₹3 Cr ▼ 48%
Net profit · FY 2025
₹8.16 Lakh margin 2.7%
EBITDA · FY 2025
₹52.92 Lakh margin 17.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 70%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 32%
5 years · compounded
▲ 74%
Revenue fell 48% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA fell 8% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹52.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.16 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.6% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 Solasmar Marine Services Private Limited, buy the company report.
Board of directors of Solasmar Marine Services Private Limited
Solasmar Marine Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mausumi Subhram Kumar Jena | Director | 06 Oct 2008 | 18 Years 0 Months | Current |
| Subhram Kumar Jena Also directs: Rio Farm Products LLP, Baleshwar Shipyard and Infra Private Limited, Lapacilo Entertainments Private Limited and 1 more | Director | 06 Oct 2008 | 18 Years 0 Months | Current |
Auditor
Solasmar Marine Services Private Limited is audited by RAKSHIT GOWDA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKSHIT GOWDA & ASSOCIATES | FY 2023 | 143783W |
Shareholding
The shareholding of Solasmar Marine Services Private Limited 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 Solasmar Marine Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75.6 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2022 | 100647293 | Others | ₹75.6 Lakh | Open |
To see the full charge records of Solasmar Marine Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Solasmar Marine Services Private Limited has 7 court cases on record: 1 filed by Solasmar Marine Services, 6 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed by the company
1
Filed against the company
6
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by HDFC Bank Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by Bajaj Finance Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by Bajaj Finance Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Allied Enterprises Through Its Partner Huned Hararwala | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Mumbai Municipal Corporation K - East Ward | Disposed |
To see the full case history of Solasmar Marine Services 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
Solasmar Marine Services Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 7 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shah Bhogilal Jethalal & Bros | |||
| Tripti Gases Private Limited | |||
| Solasmar Marine Services Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Solasmar Marine Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Solasmar Marine Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS4976J1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solasmar Marine Services Private Limited, buy the company report.
Recent activity
Solasmar Marine Services Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Mausumi Subhram Kumar Jena was appointed as Director on 06 Oct 2008.
AGM
Solasmar Marine Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solasmar Marine Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 75.60 Lakh registered on 27 Nov 2022 with Charge ID 100647293 was modified on 29 Jun 2023.
Charges
A charge with Others amounted to Rs. 75.60 Lakh with Charge ID 100647293 was registered on 27 Nov 2022.
Appointed
Mausumi Subhram Kumar Jena was appointed as Director.
Appointed
Subhram Kumar Jena was appointed as Director.
Incorporation
06 Oct 2008
Solasmar Marine Services Private Limited was registered on 06 Oct 2008 with Roc Mumbai & aged 18 years 20 days as per MCA records.
Frequently asked questions
Solasmar Marine Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in marine and naval engineering, within the engineering industry. It was incorporated on 06 October 2008 (18+ years old) and is registered under CIN U63032MH2008PTC187284.
Solasmar Marine Services has 2 current directors:
- Mausumi Subhram Kumar Jena - Director
- Subhram Kumar Jena - Director
The latest financial statements of Solasmar Marine Services 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 Solasmar Marine Services is 27AAMCS4976J1ZK, registered in Maharashtra. 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 Solasmar Marine Services is U63032MH2008PTC187284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solasmar Marine Services has 7 court cases on record: 1 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Solasmar Marine Services was incorporated on 06 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Mausumi Subhram Kumar Jena was appointed as Director on 06 Oct 2008. Subhram Kumar Jena was appointed as Director on 06 Oct 2008.
Yes, Solasmar Marine Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0073923).
Solasmar Marine Services has 2 MSME Form 1 returns on record between 2018 and 2019, listing 7 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 May 2019.
Solasmar Marine Services can be reached through the website solasmar.in. Its registered office is in Mumbai, Maharashtra, India.