Solertech Multitrade Private Limited
About Solertech Multitrade Private Limited
Data last updated:
Solertech Multitrade Private Limited was a private limited company based in Indore, Madhya Pradesh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 16 October 2007.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U52590MP2007PTC045714.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹21 Lakh. It was led by directors Suman Ashokkumar Maheshwari and Brij Kishore Jalan.
Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Shripad 2 Yeshwant Niwas Road, Indore, Madhya Pradesh, India – 452003.
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- Registered AddressShripad 2 Yeshwant Niwas Road, Indore, Madhya Pradesh, India – 452003
- IndustryFinancial Services, Diversified Financial Services
- 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
Financials of Solertech Multitrade Private Limited FY 2020 filings available
Solertech Multitrade Private Limited reported revenue of ₹7,369 (down 84% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Solertech Multitrade Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 84% 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 of Solertech Multitrade Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Solertech Multitrade Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Solertech Multitrade 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 Solertech Multitrade Private Limited
Solertech Multitrade Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Goverdhanbaba Infrabuild and Assurance Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Nirakara Dealcom Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Dawn Services Private Limited | •••• | •••• | •••• | •••• | - | A.P, Telangana, India |
| Amn Ventures Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Blue Ribbon Finance and Investment Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Solertech Multitrade Private Limited this company | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| GG Overseas Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Celestial Finhold Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Shreemsarthak Advisory Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Prrsaar Com Trading Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Girish Rolled Products and Alloys Limited | •••• | •••• | •••• | •••• | - | Kanpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Solertech Multitrade by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Solertech Multitrade Private Limited
Solertech Multitrade Private Limited is audited by MANOJ KHATRI & COMPANY for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANOJ KHATRI & COMPANY | 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 Solertech Multitrade Private Limited
Solertech Multitrade has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Ashokkumar Maheshwari | Director | 01 Apr 2010 | 16 Years 6 Months | As last reported |
| Brij Kishore Jalan | Director | 01 Mar 2019 | 7 Years 7 Months | As last reported |
Ownership and Shareholding of Solertech Multitrade 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 Solertech Multitrade Private Limited
Solertech Multitrade Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Solertech Multitrade Private Limited
Employment history and EPFO contributions of people linked to Solertech Multitrade.
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.
CIN History of Solertech Multitrade Private Limited
Solertech Multitrade has one previous CIN (Corporate Identification Number): U52590MH2007PTC175090. The current CIN is U52590MP2007PTC045714, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52590MP2007PTC045714 | Current |
| U52590MH2007PTC175090 | Previous |
Recent Activity on Solertech Multitrade Private Limited
Solertech Multitrade Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Brij Kishore Jalan ceased to be Additional Director on 30 Sep 2019.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Solertech Multitrade 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.
MSME Payment Delays by Solertech Multitrade Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Solertech Multitrade 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 Solertech Multitrade Private Limited
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 Solertech Multitrade 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 Solertech Multitrade Private Limited
Solertech Multitrade has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Solertech Multitrade was a private limited company based in Indore, Madhya Pradesh, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 16 October 2007 and is registered under CIN U52590MP2007PTC045714. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Solertech Multitrade was incorporated on 16 October 2007. It is registered with the Registrar of Companies, Gwalior.
Solertech Multitrade had 2 directors:
- Suman Ashokkumar Maheshwari - Director
- Brij Kishore Jalan - Director
The CIN (Corporate Identification Number) of Solertech Multitrade is U52590MP2007PTC045714. 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 Solertech Multitrade is at Shripad 2 Yeshwant Niwas Road, Indore, Madhya Pradesh, India – 452003.
Solertech Multitrade has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹21 Lakh.
Solertech Multitrade operated in the financial services industry, in the diversified financial services segment.
No. Solertech Multitrade is not listed on any stock exchange. It is an unlisted company.
The peers of Solertech Multitrade by revenue are Shri Goverdhanbaba Infrabuild and Assurance Private Limited, Nirakara Dealcom Private Limited, Dawn Services Private Limited, Amn Ventures Private Limited, Blue Ribbon Finance and Investment Pvt Ltd and 5 more, all in the BFSI industry (Other Financial Services).
Brij Kishore Jalan ceased to be Additional Director on 30 Sep 2019. Brij Kishore Jalan was appointed as Director on 01 Mar 2019. Jayesh Shantilal Merai ceased to be Director on 01 Mar 2019. Solertech Multitrade has 12 board changes on record in total.