About Solchrome Private Limited
Data last updated:
Solchrome Private Limited is a private limited company based in Himachal Pradesh, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 November 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U45202HP1984PTC007109. Its GSTIN is 02AAACS0328J1ZU (Himachal Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90.89 Lakh. It was formerly known as Solchrome Systems India Limited and Solchrome Limited. It is led by directors Riteesh Mohan Bakshi and Raghav Mohan Bakshi.
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 61 Sector Vparwanoo Distt Solan, Himachal Pradesh, India – 173220.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.74 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹38.78 Lakh (net margin 8.2%) and EBITDA of ₹35.49 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 12% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Solchrome. As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 14 cases involving the company, including 11 filed by the company and 1 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solchrome.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address61 Sector Vparwanoo Distt Solan, Himachal Pradesh, India – 173220
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Solchrome Private Limited
The main business activity of Solchrome is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Solchrome Private Limited FY 2025 filings available
Solchrome Private Limited reported revenue of ₹4.74 Cr (up 53% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Solchrome Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 53% growth in the latest year. EBITDA rose 47% 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 of Solchrome Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹35.49 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹38.78 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 of Solchrome Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Solchrome are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Solchrome Private Limited
Solchrome Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Integrated Geo Instruments and Services Pvt Ltd | ₹4.77 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Telangana, India |
| MK Tubes Industries Private Limited | ₹4.75 Cr (FY 2024) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India | |
| Mega Technobiz Consultants Private Limited | ₹4.74 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Innova Diesel Generators Private Limited | ₹4.74 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| Beebee Electricals & Electronics Private Limited | ₹4.74 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Solchrome Private Limited this company | ₹4.74 Cr (FY 2024) | •••• | •••• | 53.0% | •••• | Himachal Pradesh, India |
| Lumens Semiconductors Private Limited | ₹4.73 Cr (FY 2023) | •••• | •••• | 58.0% | •••• | Palghar, Maharashtra, India |
| Prativa Engineers & Sons Private Limited | ₹4.72 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Shyamnagar, West Bengal, India |
| Sigma-Pi Power Sources Private Limited | ₹4.72 Cr (FY 2025) | •••• | •••• | 218.0% | •••• | R A Puram Chennai, Tamil Nadu, India |
| Numax Energy Solutions Private Limited | ₹4.71 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Cherlapally, Telangana, India |
| New (National Traders) Private Limited | ₹4.71 Cr (FY 2016) | •••• | •••• | -23.0% | •••• | Cuttack, Odisha, India |
Peers are the five companies nearest above and the five nearest below Solchrome by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Solchrome Private Limited
Solchrome Private Limited is audited by UCC & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| UCC & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Solchrome Private Limited
Solchrome has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Riteesh Mohan Bakshi | Director | 01 Oct 2018 | 8 Years 0 Months | Current |
| Raghav Mohan Bakshi Also directs: Simvision Corp LLP, RRB Power Private Limited, Eco RRB Infra Private Limited and 1 more | Director | 01 Oct 2018 | 8 Years 0 Months | Current |
Ownership and Shareholding of Solchrome Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Solchrome Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jul 2024 | Hdfc Bank Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Solchrome Private Limited
Solchrome Private Limited has 14 court cases on record: 11 filed by Solchrome, 1 filed against it, 2 where it is another party. 3 cases are pending and 11 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 1 | 3 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solan, Himachal Pradesh | Court case (Cr. M. A.) | Filed by the company against Supersun Energies Private Limited | Disposed |
| District court, Solan, Himachal Pradesh | Cheque dishonour complaint | Filed by the company against Supersun Energies Private Limited | Disposed |
| District court, Solan, Himachal Pradesh | Civil miscellaneous application | Company is another party | Pending |
| District court, Solan, Himachal Pradesh | Civil miscellaneous application | Filed against the company by Suntech Solar Technologies | Pending |
| District court, Solan, Himachal Pradesh | Cheque dishonour complaint | Filed by the company against an individual | Pending |
Full case history
All 14 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Solchrome Private Limited
Solchrome Private Limited has 12 MSME Form 1 returns on record between 2019 and 2022, listing 29 overdue payments to 6 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 (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kriti Advisory Services Private Limited | •••• | •••• | •••• |
| Aed Private Limited | •••• | •••• | •••• |
| Jugal Tube Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Vishal Rubber Technologies Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Solchrome Private Limited
Solchrome operates one associated brand: Solchrome. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of solar thermal and photovoltaic products in India. | solchrome.com |
Employees and EPFO Compliance at Solchrome Private Limited
Solchrome Private Limited has a workforce of 6 employees as of Oct 10, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Solchrome Private Limited
Solchrome has undergone 3 name changes throughout its history. The company was previously known as Solchrome Systems India Limited, Solchrome Limited, and Solchrome Systems India (Private) Limited. The current legal name is Solchrome Private Limited.
| Company Name | Status |
|---|---|
| Solchrome Private Limited | Current |
| Solchrome Systems India Limited | Previous |
| Solchrome Limited | Previous |
| Solchrome Systems India (Private) Limited | Previous |
CIN History of Solchrome Private Limited
Solchrome has one previous CIN (Corporate Identification Number): U45202HP1984PLC007109. The current CIN is U45202HP1984PTC007109, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45202HP1984PTC007109 | Current |
| U45202HP1984PLC007109 | Previous |
Recent Activity on Solchrome Private Limited
Solchrome Private Limited has 16 board changes on record since 1984: 9 appointments and 7 cessations. The latest: Promilla Bakshi ceased to be Director on 28 Jun 2023.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Solchrome Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Solchrome Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Solchrome Private Limited
Solchrome has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACS0328J1ZU | Himachal Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Solchrome Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Solchrome Private Limited
Solchrome is an active private limited company based in Himachal Pradesh, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 November 1984 (42+ years old) and is registered under CIN U45202HP1984PTC007109.
Solchrome reported revenue of ₹4.74 Cr for FY 2024 (up 53% YoY).
Solchrome has 2 current directors:
- Riteesh Mohan Bakshi - Director
- Raghav Mohan Bakshi - Director
Solchrome reported a net profit of ₹38.78 Lakh (net margin 8.2%) and EBITDA of ₹35.49 Lakh (EBITDA margin 7.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solchrome is 27% over three years and 12% over five years. In the latest year (FY 2024) revenue rose 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solchrome is 02AAACS0328J1ZU, registered in Himachal Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Solchrome is U45202HP1984PTC007109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solchrome has 14 court cases on record: 11 filed by the company and 1 filed against it. 3 are pending.
Solchrome was incorporated on 27 November 1984, making it 42+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Solchrome by revenue are Integrated Geo Instruments and Services Pvt Ltd, MK Tubes Industries Private Limited, Mega Technobiz Consultants Private Limited, Innova Diesel Generators Private Limited, Beebee Electricals & Electronics Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Promilla Bakshi ceased to be Director on 28 Jun 2023. Sarvesh Kumar ceased to be Director on 01 Dec 2020. Rakesh Bakshi ceased to be Director on 13 Apr 2020. Solchrome has 16 board changes on record in total.
Solchrome has 12 MSME Form 1 returns on record between 2019 and 2022, listing 29 overdue payments to 6 micro and small suppliers. The latest return was filed on 07 Nov 2023.