Solemn Finance And Leasing Private Limited - Company Profile

It is a financial services private limited company based in Delhi, Delhi, India, established in 1996.
1996 Delhi, Delhi, India Active
Last Updated:
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About Solemn Finance And Leasing Private Limited

Solemn Finance And Leasing Private Limited, a active private limited company, was established on 13 December 1996 in Delhi, Delhi, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U65921DL1996PTC083845. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹2.30 Cr and a paid-up capital of ₹2.03 Cr.

It upholds a compliant status. Its leadership includes Vivek Narang (Whole-Time Director), Vikas Narang (Whole-Time Director), Suman Pruthi (Director). Past directors included Parveen Uppal. It holds no open charges and ₹24.71 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 7 Paschim Enclave Rohtak Road, Delhi, Delhi, 110087.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65921DL1996PTC083845

  • Registration Number

    083845

  • Incorporation Date

    13 December 1996

  • Authorized Capital

    ₹2.30 Cr

  • Paid-Up Capital

    ₹2.03 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.30 Cr
  • Paid Up Capital ₹ 2.03 Cr
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 24.71 Cr
  • Revenue Growth **** -4.20%
  • Profit Growth **** 119.68%
  • Ebitda **** -26.97%
  • Net Worth 3.29%
  • Total Assets -1.80%
Company report

Solemn Finance And Leasing Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Solemn Finance And Leasing Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Solemn Finance And Leasing Private Limited?
Current Directors
Name Designation Appointment Date Status
Vivek Narang Whole-Time Director 30 May 1997 Current
Vikas Narang Whole-Time Director 13 Dec 1996 Current
Suman Pruthi Director 01 Sep 2002 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 18 Sep 2023 Past

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Financial Performance of Solemn Finance And Leasing.

Solemn Finance And Leasing Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 4.2% decrease. The company also saw a substantial improvement in profitability, with a 119.68% increase in profit. The company's net worth moved up by a moderate rise of 3.29%.

Solemn Finance And Leasing revenue growth over time
Solemn Finance And Leasing profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -4.20%
*******
*******
*******
*******
Revenue from Operations
*******
 -4.52%
*******
*******
*******
*******
Total Assets
*******
 -1.80%
*******
*******
*******
*******
Profit or Loss
*******
 119.68%
*******
*******
*******
*******
Net Worth
*******
 3.29%
*******
*******
*******
*******
EBITDA
*******
 -26.97%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Solemn Finance And Leasing?

In 2024, Solemn Finance And Leasing had a public holding of 34.45%. The company had 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹247,050,000.00

Charges Breakdown by Lending Institutions
  • Bank Of India : 24.21 Cr
  • Punjab & Sind Bank : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
05 Jul 2013 Bank Of India ₹24.21 Cr Satisfied
11 Aug 2003 Punjab & Sind Bank ₹4.95 M Satisfied

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How Many Employees Work at Solemn Finance And Leasing?

Unlock and access historical data on people associated with Solemn Finance And Leasing, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solemn Finance And Leasing, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Solemn Finance And Leasing's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Solemn Finance And Leasing
Recent Activity within the Organization
  • Annual General Meeting

    The activity Solemn Finance And Leasing Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Solemn Finance And Leasing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi. was recorded as a recent event.

  • Charges

    The activity A charge registered on 11 Aug 2003 via Charge ID 90038307 with Punjab & Sind Bank was fully satisfied on 17 Nov 2022. was completed.

  • Charges

    The activity A charge registered on 05 Jul 2013 via Charge ID 10445546 with Bank Of India was fully satisfied on 18 Feb 2020. was completed.

  • Charges

    A charge with Bank Of India amounted to Rs. 24.21 Cr with Charge ID 10445546 was registered on 05 Jul 2013. was recorded as a recent event.

  • Charges

    A charge with Punjab & Sind Bank of Rs. 0.50 Cr registered on 11 Aug 2003 with Charge ID 90038307 was modified on 12 Jan 2009. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Solemn Finance And Leasing Private Limited?

The CIN of Solemn Finance And Leasing Private Limited is U65921DL1996PTC083845.

Where is Solemn Finance And Leasing Private Limited headquartered?

Solemn Finance And Leasing Private Limited is headquartered at 7 Paschim Enclave Rohtak Road, Delhi, Delhi, 110087.

When was Solemn Finance And Leasing Private Limited incorporated?

Solemn Finance And Leasing Private Limited was incorporated on 13 December 1996.

Who are the current directors of Solemn Finance And Leasing Private Limited?

The current directors of Solemn Finance And Leasing Private Limited are

What is the primary industry of Solemn Finance And Leasing Private Limited?

The primary industry of Solemn Finance And Leasing Private Limited is Financial And Insurance Service.

Is Solemn Finance And Leasing Private Limited a listed company?

Solemn Finance And Leasing Private Limited is unlisted.

What is the capital structure of Solemn Finance And Leasing Private Limited?

The authorized capital of Solemn Finance And Leasing Private Limited is ₹2.30 Cr, and the paid-up capital is ₹2.03 Cr.

What is the compliance status of Solemn Finance And Leasing Private Limited?

The compliance status of Solemn Finance And Leasing Private Limited is Compliant.

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