MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-22-0006791
Solasta International Traders Private Limited
Solasta International Traders Private Limited - agriculture in T Narasipura, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹42,800
▼ 100% YoY
Net loss · FY 2023
₹18.82 Lakh
Latest filing
EBITDA · FY 2023
-₹18.78 Lakh
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Solasta International Traders Private Limited
Data last updated:
Solasta International Traders Private Limited is a private limited company based in T Narasipura, Karnataka, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 30 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2018PTC115138. Its GSTIN is 29ABACS6334D1ZF (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Muyeen Ahmed Khan (Whole-Time Director) and Farhanaz (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sosale, T Narasipura, Karnataka, India – 571120.
As per the financials filed for FY 2023, the company reported a revenue of ₹42,800, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹18.82 Lakh and EBITDA of -₹18.78 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 69% over three years.
Court records list 2 cases involving the company, including 2 filed against it.
Solasta International Traders Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0006791).
Company details
CIN U51909KA2018PTC115138
Registration Number 115138
Incorporation Date 30 July 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-KR-22-0006791
Recognitions & Rankings of Solasta International Traders
Contact details
Solasta International Traders Private Limited's registered office is in T Narasipura, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSosale, T Narasipura, Karnataka, India – 571120
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Solasta International Traders Private Limited, buy the company report.
Comprehensive company report
Solasta International Traders 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
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Business activity
The main business activity of Solasta International Traders is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Solasta International Traders Private Limited, buy the company report.
Financials of Solasta International Traders Private Limited
FY 2023 filings availableSolasta International Traders Private Limited reported revenue of ₹42,800 (down 100% YoY) for FY 2023.
Revenue · FY 2023
₹42,800 ▼ 100%
Net loss · FY 2023
₹18.82 Lakh
EBITDA · FY 2023
-₹18.78 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 69%
EBITDA CAGR growth
1 year
▼ 458%
3 years · compounded
▼ 367%
Revenue has declined at a compounded annual rate (CAGR) of 69% over three years. EBITDA fell 458% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹42,800 | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹18.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.82 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Solasta International Traders Private Limited, buy the company report.
Board of directors of Solasta International Traders Private Limited
Solasta International Traders has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muyeen Ahmed Khan | Whole-Time Director | 30 Jul 2018 | 8 Years 3 Months | Current |
| Farhanaz | Whole-Time Director | 30 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Solasta International Traders Private Limited is audited by E S Jagannatham & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E S Jagannatham & Associates | FY 2023 | 006125S |
Shareholding
The shareholding of Solasta International Traders Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Solasta International Traders Private Limited, buy the company report.
Legal cases
Solasta International Traders Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company | Disposed |
To see the full case history of Solasta International Traders 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 Solasta International Traders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solasta International Traders has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABACS6334D1ZF | Karnataka | Active | 15 Mar 2019 |
To see the full GST registrations and return filing status of Solasta International Traders Private Limited, buy the company report.
Recent activity
Solasta International Traders Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Shivakumar Mahadevaiah ceased to be Additional Director on 30 Nov 2021.
AGM
Solasta International Traders Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Solasta International Traders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Shivakumar Mahadevaiah ceased to be Additional Director.
Appointed
Farhanaz was appointed as Whole-Time Director.
Appointed
Muyeen Ahmed Khan was appointed as Whole-Time Director.
Incorporation
30 Jul 2018
Solasta International Traders Private Limited was registered on 30 Jul 2018 with Roc Bangalore & aged 8 years 3 months as per MCA records.
Frequently asked questions
Solasta International Traders is an active private limited company based in T Narasipura, Karnataka, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 30 July 2018 (8+ years old) and is registered under CIN U51909KA2018PTC115138.
Solasta International Traders has 2 current directors:
- Muyeen Ahmed Khan - Whole-Time Director
- Farhanaz - Whole-Time Director
The latest financial statements of Solasta International Traders on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Solasta International Traders is 29ABACS6334D1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Solasta International Traders is U51909KA2018PTC115138. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solasta International Traders has 2 court cases on record: 2 filed against it.
Solasta International Traders was incorporated on 30 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Shivakumar Mahadevaiah ceased to be Additional Director on 30 Nov 2021. Farhanaz was appointed as Whole-Time Director on 30 Jul 2018. Muyeen Ahmed Khan was appointed as Whole-Time Director on 30 Jul 2018.
Yes, Solasta International Traders is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-22-0006791).
The registered office of Solasta International Traders is at Sosale, T Narasipura, Karnataka, India – 571120.
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