Solidus Hi-Tech Product Private Limited - Company Profile

It is a machinery and equipment private limited company based in Pune, Maharashtra, India, established in 2004.
2004 Pune, Maharashtra, India Active
Last Updated:
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About Solidus Hi-Tech Product Private Limited

Solidus Hi-Tech Product Private Limited, a active private limited company, was established on 19 August 2004 in Pune, Maharashtra, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U31200PN2004PTC019656. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹2.75 Cr and a paid-up capital of ₹1.75 Cr.

Formerly known as Solidus Hi-Tech Products Private Limited. It upholds a compliant status. Employing 99 professional, Its leadership includes Ashok Manohar Musale (Director), Vaibhav Musale Ashok (Director), Bhushan Ashok Musale (Director). Past directors included Vaibhav Musale Ashok. It holds ₹108.84 Cr open charges and ₹72.96 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at T 116 M I D C Bhosariindustrial Area, Pune, Maharashtra, 411026.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U31200PN2004PTC019656

  • Registration Number

    019656

  • Incorporation Date

    19 August 2004

  • Authorized Capital

    ₹2.75 Cr

  • Paid-Up Capital

    ₹1.75 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.75 Cr
  • Paid Up Capital ₹ 1.75 Cr
  • Company Age 21 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 108.84 Cr
  • Satisfied Charges ₹ 72.96 Cr
  • Revenue Growth **** 16.24%
  • Profit Growth **** 60.38%
  • Ebitda **** 45.55%
  • Net Worth 30.77%
  • Total Assets **** 25.57%
Company report

Solidus Hi-Tech Product Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Solidus Hi-Tech Product 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 Solidus Hi-Tech Product Private Limited?
Current Directors
Name Designation Appointment Date Status
Ashok Manohar Musale Director 19 Aug 2004 Current
Vaibhav Musale Ashok Director 07 Dec 2018 Current
Bhushan Ashok Musale Director 10 Apr 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2019 Past

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Financial Performance of Solidus Hi-Tech Product.

Solidus Hi-Tech Product Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.24% increase. The company also saw a substantial improvement in profitability, with a 60.38% increase in profit. The company's net worth Soared by an impressive increase of 30.77%.

Solidus Hi-Tech Product revenue growth over time
Solidus Hi-Tech Product 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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 16.24%
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Revenue from Operations
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 15.42%
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*******
*******
Total Assets
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 25.57%
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*******
*******
*******
Profit or Loss
*******
 60.38%
*******
*******
*******
*******
Net Worth
*******
 30.77%
*******
*******
*******
*******
EBITDA
*******
 45.55%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Solidus Hi-Tech Product?

In 2023, Solidus Hi-Tech Product had a promoter holding of 70.79% and a public holding of 29.21%. 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

₹1,088,371,215.00

Satisfied Charges

₹729,630,000.00

Charges Breakdown by Lending Institutions
  • Citi Bank N.A. : 68.93 Cr
  • Axis Bank Limited : 37.46 Cr
  • Others : 2.45 Cr
Latest Charge Details
Date Lender Amount Status
27 Jun 2025 Others ₹1.35 Cr Open
09 Oct 2024 Others ₹1.10 M Open
09 Oct 2024 Others ₹7.48 M Open
05 Oct 2024 Axis Bank Limited ₹2.94 M Open
05 Oct 2023 Axis Bank Limited ₹37.17 Cr Open

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How Many Employees Work at Solidus Hi-Tech Product?

Solidus Hi-Tech Product has a workforce of 99 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Solidus Hi-Tech Product, 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 Solidus Hi-Tech Product'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 Solidus Hi-Tech Product
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 25 Mar 2022 via Charge ID 100552463 with Axis Bank Limited was fully satisfied on 18 Jul 2025. was completed.

  • Charges

    Progress on A charge registered on 11 Jun 2021 via Charge ID 100455773 with Axis Bank Limited was fully satisfied on 18 Jul 2025. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 1.35 Cr with Charge ID 101130871 was registered on 27 Jun 2025. was completed.

  • Charges

    The activity A charge with Citi Bank N.A. of Rs. 68.93 Cr registered on 26 Sep 2013 with Charge ID 10460032 was modified on 27 Jun 2025. was completed.

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 37.17 Cr registered on 05 Oct 2023 with Charge ID 100799628 was modified on 03 Apr 2025. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101002727 was registered on 09 Oct 2024. was documented.

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Frequently Asked Questions
What is the CIN of Solidus Hi-Tech Product Private Limited?

The CIN of Solidus Hi-Tech Product Private Limited is U31200PN2004PTC019656.

Where is Solidus Hi-Tech Product Private Limited headquartered?

Solidus Hi-Tech Product Private Limited is headquartered at T 116 M I D C Bhosariindustrial Area, Pune, Maharashtra, 411026.

When was Solidus Hi-Tech Product Private Limited incorporated?

Solidus Hi-Tech Product Private Limited was incorporated on 19 August 2004.

Who are the current directors of Solidus Hi-Tech Product Private Limited?

The current directors of Solidus Hi-Tech Product Private Limited are

What is the primary industry of Solidus Hi-Tech Product Private Limited?

The primary industry of Solidus Hi-Tech Product Private Limited is Manufacturing.

Is Solidus Hi-Tech Product Private Limited a listed company?

Solidus Hi-Tech Product Private Limited is unlisted.

What is the capital structure of Solidus Hi-Tech Product Private Limited?

The authorized capital of Solidus Hi-Tech Product Private Limited is ₹2.75 Cr, and the paid-up capital is ₹1.75 Cr.

What is the compliance status of Solidus Hi-Tech Product Private Limited?

The compliance status of Solidus Hi-Tech Product Private Limited is Compliant.

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