MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0019094
Solido Webbing and Yarns Private Limited - home & lifestyle in Bhiwandi, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.1 Cr
▼ 17% YoY
Net loss · FY 2025
₹18.52 Lakh
Net margin -2.3%
EBITDA · FY 2025
₹7.05 Lakh
EBITDA margin 0.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Satisfied charges
₹13.2 Cr
No open charges
Company age
14 yrs
Est. 2012
Employees · EPFO
5
Provident fund records
About Solido Webbing and Yarns Private Limited
Data last updated:
Solido Webbing and Yarns Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 14 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U19115MH2012PTC232207. Its GSTIN is 27AACCH9677H1Z2 (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Ashish Ramgopal Mandowara and Bhagwan Swaroop Chandak.
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 Tech Park, Bhiwandi, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.1 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹18.52 Lakh (net margin -2.3%) and EBITDA of ₹7.05 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 13% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹13.2 Cr on record. The company has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹1.49 Cr; the latest was in January 2014. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 4 smaller; the largest is A. P. M. Textiles Private Limited with revenue of ₹8.13 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier.
Solido Webbing and Yarns Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0019094). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prioritybags.in.
Company details
CIN U19115MH2012PTC232207
Registration Number 232207
Incorporation Date 14 June 2012
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 Small
Udyam Registration UDYAM-MH-18-0019094
Key People
Ashish Ramgopal Mandowara Director Bhagwan Swaroop Chandak Director Arvind Kumar Chandak Director Recognitions & Rankings of Solido Webbing and Yarns
Contact details
Solido Webbing and Yarns Private Limited's registered office is in Bhiwandi, Maharashtra. Its website is prioritybags.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH.No.2180/N – 5 S.No.157/1 Plot No.5, Shree Raj Laxmi Hi – Tech Park Sonale Village, Bhiwandi, Maharashtra, India – 421302
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Solido Webbing and Yarns Private Limited, buy the company report.
Comprehensive company report
Solido Webbing and Yarns 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 Solido Webbing and Yarns is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Solido Webbing and Yarns Private Limited, buy the company report.
Financials of Solido Webbing and Yarns Private Limited
FY 2025 filings availableSolido Webbing and Yarns Private Limited reported revenue of ₹8.1 Cr (down 17% YoY) for FY 2025.
Revenue · FY 2025
₹8.1 Cr ▼ 17%
Net loss · FY 2025
₹18.52 Lakh margin -2.3%
EBITDA · FY 2025
₹7.05 Lakh margin 0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 27%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 93%
3 years · compounded
▼ 48%
5 years · compounded
▼ 28%
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 93% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹7.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.52 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | -2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Solido Webbing and Yarns Private Limited, buy the company report.
Board of directors of Solido Webbing and Yarns Private Limited
Solido Webbing and Yarns has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Ramgopal Mandowara | Director | 02 Jun 2022 | 4 Years 4 Months | Current |
| Bhagwan Swaroop Chandak | Director | 07 Nov 2023 | 2 Years 11 Months | Current |
| Arvind Kumar Chandak | Director | 24 Jan 2013 | 13 Years 9 Months | Current |
| Mridul Baheti | Director | 06 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Solido Webbing and Yarns Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A. P. M. Textiles Private Limited | ₹8.13 Cr (FY 2025) | 92.0% | Nagercoil, Tamil Nadu, India | |||
| Madhuram Fabrics Private Limited | ₹8.11 Cr (FY 2022) | -44.0% | Palghar, Maharashtra, India | |||
| Perfect Fashions Private Limited | ₹8.11 Cr (FY 2025) | 32.0% | Kolkata, West Bengal, India | |||
| Solido Webbing and Yarns Private Limitedthis company | ₹8.1 Cr (FY 2025) | -₹18.52 Lakh | -2.3% | -17.0% | 5 | Bhiwandi, Maharashtra, India |
| Cibi Krishna Textiles Private Limited | ₹8.09 Cr (FY 2025) | -14.0% | Theni, Tamil Nadu, India | |||
| Pure - Source Clothing Private Limited | ₹8.09 Cr (FY 2025) | -42.0% | Mumbai, Maharashtra, India | |||
| Ekagra Cotton Corporation Private Limited | ₹8.09 Cr (FY 2025) | -87.0% | Sendhwa, Madhya Pradesh, India | |||
| Sri Sivanmalai Andavar Spinning Mills Private Limited | ₹8.09 Cr (FY 2023) | -15.0% | Erode, Tamil Nadu, India |
To see the full peer comparison of Solido Webbing and Yarns Private Limited, buy the company report.
Auditor
Solido Webbing and Yarns Private Limited is audited by BHUWANIA & AGRAWAL ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUWANIA & AGRAWAL ASSOCIATES | FY 2023 | 101483W |
Shareholding
The shareholding of Solido Webbing and Yarns 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solido Webbing and Yarns Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹13.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2020 | 100388960 | Standard Chartered Bank | ₹60 Lakh | Satisfied | |
| 23 Feb 2018 | 100158695 | Standard Chartered Bank | ₹5.6 Cr | Satisfied | |
| 27 Oct 2017 | 100131944 | Standard Chartered Bank | ₹3 Cr | Satisfied | |
| 27 Oct 2017 | 100131945 | Standard Chartered Bank | ₹1 Cr | Satisfied | |
| 27 Jan 2014 | 10479572 | Allahabad Bank | ₹3 Cr | Satisfied |
To see the full charge records of Solido Webbing and Yarns Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Solido Webbing and Yarns Private Limited has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹1.49 Cr; the latest was in January 2014.
Total deals
2
Funding round
1
Acquisition
1
Disclosed funding
₹1.49 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2014 | Funding round | ₹1.49 Cr | Investors: 2 individuals |
| Mar 2013 | Acquisition | ₹50,000 | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Solido Webbing and Yarns Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Solido Webbing and Yarns Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aus Business Advisory LLP |
To see the full MSME payment records of Solido Webbing and Yarns Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Solido Webbing and Yarns Private Limited has a workforce of 5 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-58.33%
GST
Solido Webbing and Yarns has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH9677H1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solido Webbing and Yarns Private Limited, buy the company report.
Recent activity
Solido Webbing and Yarns Private Limited has 10 board changes on record since 2013: 4 appointments and 6 cessations. The latest: Tushar Jain ceased to be Director on 18 Oct 2024.
AGM
Solido Webbing And Yarns Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solido Webbing And Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Tushar Jain ceased to be Director.
Appointed
Mridul Baheti was appointed as Director.
Ceased
Bhagwan Swaroop Chandak ceased to be Additional Director.
Appointed
Bhagwan Swaroop Chandak was appointed as Director.
Charges
A charge registered on 19 Nov 2020 via Charge ID 100388960 with Standard Chartered Bank was fully satisfied on 13 Oct 2022.
Charges
A charge registered on 23 Feb 2018 via Charge ID 100158695 with Standard Chartered Bank was fully satisfied on 13 Oct 2022.
Charges
A charge registered on 27 Oct 2017 via Charge ID 100131945 with Standard Chartered Bank was fully satisfied on 13 Oct 2022.
Charges
A charge registered on 27 Oct 2017 via Charge ID 100131944 with Standard Chartered Bank was fully satisfied on 13 Oct 2022.
Ceased
Ashish Ramgopal Mandowara ceased to be Additional Director.
Ceased
Rashmi Jain ceased to be Director.
14 earlier events are in the company report.
Frequently asked questions
Solido Webbing and Yarns is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 14 June 2012 (14+ years old) and is registered under CIN U19115MH2012PTC232207.
Solido Webbing and Yarns has 4 current directors:
- Ashish Ramgopal Mandowara - Director
- Bhagwan Swaroop Chandak - Director
- Arvind Kumar Chandak - Director
- Mridul Baheti - Director
The latest financial statements of Solido Webbing and Yarns 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 Solido Webbing and Yarns is 27AACCH9677H1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Solido Webbing and Yarns is U19115MH2012PTC232207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solido Webbing and Yarns was incorporated on 14 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Solido Webbing and Yarns has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹1.49 Cr; the latest was in January 2014.
The peers of Solido Webbing and Yarns by revenue are A. P. M. Textiles Private Limited, Madhuram Fabrics Private Limited, Perfect Fashions Private Limited, Cibi Krishna Textiles Private Limited, Pure - Source Clothing Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Tushar Jain ceased to be Director on 18 Oct 2024. Mridul Baheti was appointed as Director on 06 Oct 2024. Bhagwan Swaroop Chandak ceased to be Additional Director on 29 Sep 2024. Solido Webbing and Yarns has 10 board changes on record in total.
Yes, Solido Webbing and Yarns is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0019094).
Solido Webbing and Yarns has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 05 Nov 2019.
Solido Webbing and Yarns can be reached through the website prioritybags.in. Its registered office is in Bhiwandi, Maharashtra, India.