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Solinas Integrity Private Limited - engineering in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.52 Cr
▼ 8% YoY
Net loss · FY 2024
₹2.85 Cr
Net margin -63.2%
EBITDA · FY 2024
-₹2.69 Cr
EBITDA margin -59.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.24 Lakh
Issued & subscribed
Open charges
₹8.26 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
41
Provident fund records
About Solinas Integrity Private Limited
Data last updated:
Solinas Integrity Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the robotics and automation solutions segment of the engineering sector. It was incorporated on 15 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2018PTC121452. Its GSTIN is 33AAZCS9971J1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.24 Lakh. It is led by directors including Divanshu Kumar and Moinak Banerjee.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Iitm Incubation Cell Module 2 D Block Third Floor Phase II Iitm Research Park, Chennai, Tamil Nadu, India – 600113.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.52 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹2.85 Cr (net margin -63.2%) and EBITDA of -₹2.69 Cr (EBITDA margin -59.5%). Revenue has grown at a compounded annual rate (CAGR) of 93% over three years.
The company has about 41 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Solinas Integrity. As per MCA filings, the company has open charges of ₹8.26 Cr on record. Court records list 3 cases involving the company, including 1 filed against it; 2 cases are pending. The company has 13 deals on record (8 secondary share transfers, 2 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹73.6 Cr; the latest was in August 2026. Its 10 peer companies in the Engineering industry (Robotics) are compared by revenue, 5 larger and 5 smaller; the largest is Terence Tao Engineers Private Limited with revenue of ₹4.81 Cr.
Solinas Integrity Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0115708). For more details, the company can be reached via its website solinas.in.
Company Details of Solinas Integrity Private Limited
CIN U72900TN2018PTC121452
Registration Number 121452
Incorporation Date 15 March 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0115708
Key People
Divanshu Kumar Director Jai Harsukh Shah Nominee Director Suken Kirit Shah Nominee Director Recognitions & Rankings of Solinas Integrity
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0115708
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressIitm Incubation Cell Module 2 D Block Third Floor Phase II Iitm Research Park, Chennai, Tamil Nadu, India – 600113
- IndustryEngineering, Robotics & Automation Solutions
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Associated Brands with Solinas Integrity Private Limited
Solinas Integrity operates one associated brand: Solinas Integrity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-based pipeline cleaning robots are provided for infrastructure management. | solinas.in |
Business Activity of Solinas Integrity Private Limited
The main business activity of Solinas Integrity is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
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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 Solinas Integrity Private Limited FY 2024 filings available
Solinas Integrity Private Limited reported revenue of ₹4.52 Cr (down 8% YoY) for FY 2024.
Revenue · FY 2024
₹4.52 Cr ▼ 8%
Net loss · FY 2024
₹2.85 Cr margin -63.2%
EBITDA · FY 2024
-₹2.69 Cr margin -59.5%
Compounded Annual Growth Rate (CAGR) of Solinas Integrity Private Limited
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 93%
EBITDA CAGR growth
3 years · compounded
▼ 762%
5 years · compounded
▼ 101%
Revenue fell 8% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 93%. 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 Solinas Integrity 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 | -₹2.69 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.85 Cr | •••• | •••• | •••• | •••• |
| 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 Solinas Integrity Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -59.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -63.2% | •••• | •••• | •••• | •••• |
| 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 Solinas Integrity are in the company report.
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Financial statements from FY 2018
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.
Board of Directors of Solinas Integrity Private Limited
Solinas Integrity has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divanshu Kumar Also directs: Involve Learning Solutions Foundation | Director | 02 May 2021 | 5 Years 5 Months | Current |
| Jai Harsukh Shah Also directs: HHP Two Private Limited, HHP Five Private Limited, HHP Four Private Limited and 4 more | Nominee Director | 16 Aug 2024 | 2 Years 2 Months | Current |
| Suken Kirit Shah Also directs: HHP Seven Private Limited, GPSR Arya Private Limited, Hygenco Green Energies Private Limited and 4 more | Nominee Director | 16 Aug 2024 | 2 Years 2 Months | Current |
| Moinak Banerjee | Director | 30 Jul 2024 | 2 Years 2 Months | Current |
Peer Comparison of Solinas Integrity Private Limited
Solinas Integrity Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Robotics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Terence Tao Engineers Private Limited | ₹4.81 Cr (FY 2024) | •••• | •••• | 137.0% | •••• | Chennai, Tamil Nadu, India |
| Svaya Robotics Private Limited | ₹4.67 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
| Cygnii Automation Private Limited | ₹4.67 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Pune, Maharashtra, India |
| Elixia Robotics Private Limited | ₹4.6 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Darubrahma Automation Robotics Private Limited | ₹4.58 Cr (FY 2025) | •••• | •••• | 342.0% | •••• | Bhubaneswar, Odisha, India |
| Solinas Integrity Private Limited this company | ₹4.52 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Chennai, Tamil Nadu, India |
| Dynamic Robotic & Technologies Private Limited | ₹4.48 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Pune, Maharashtra, India |
| Diya Edulabs Private Limited | ₹4.47 Cr (FY 2025) | •••• | •••• | 77.0% | •••• | Chennai, Tamil Nadu, India |
| Alan Scott Automation & Robotics Limited | ₹4.17 Cr (FY 2025) | •••• | •••• | 527.0% | •••• | Mumbai, Maharashtra, India |
| Orai Robotics Private Limited | ₹4.12 Cr (FY 2024) | •••• | •••• | 83.0% | •••• | Pune, Maharashtra, India |
| Petrobot Technologies Private Limited | ₹4.12 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Solinas Integrity by revenue in the Engineering industry (Robotics), 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 Solinas Integrity Private Limited
Solinas Integrity Private Limited is audited by Mukesh Kataria & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mukesh Kataria & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Solinas Integrity Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Solinas Integrity Private Limited
Open charges
₹8.26 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2025 | Indian Overseas Bank | ₹4.86 Cr | Open |
| 30 Oct 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹50 Lakh | Open |
| 25 Sep 2025 | Indian Overseas Bank | ₹2 Cr | Open |
| 22 Dec 2023 | Hdfc Bank Limited | ₹90 Lakh | Open |
Total charge records: 4 View all charges
Deals & Funding of Solinas Integrity Private Limited
Solinas Integrity Private Limited has 13 deals on record (8 secondary share transfers, 2 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹73.6 Cr; the latest was in August 2026.
Total deals
13
Secondary share transfers
8
Funding rounds
2
Convertible or debt financings
2
Rights issue
1
Disclosed funding
₹73.6 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Secondary share transfer | Undisclosed | Seller: an individual |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: Kotta Enterprises Private Limited , 2 individuals Seller: an individual |
| Oct 2022 | Funding round · Seed | ₹4.22 Cr | Investors: 8X Ventures, Lister Ventures Private Limited , Kotta Enterprises Private Limited |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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Full deal history
All 13 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Solinas Integrity Private Limited
Solinas Integrity Private Limited has 3 court cases on record: 1 filed against it, 2 where it is another party. 2 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Total cases
3
Filed against the company
1
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Genrobotic Innovations Private Limited | Pending |
| Bombay High Court | Writ petition | Company is another party | Pending |
| Bombay High Court | Writ petition | Company is another party | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Solinas Integrity Private Limited
Solinas Integrity Private Limited has a workforce of 41 employees as of Mar 21, 2024.
Employee count
41
Active EPFO establishments
1
Employee growth
70.83%
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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.
Recent Activity on Solinas Integrity Private Limited
Solinas Integrity Private Limited has 9 board changes on record since 2020: 4 appointments and 5 cessations. The latest: Moinak Banerjee ceased to be Additional Director on 29 Sep 2024.
Charges
A charge with Indian Overseas Bank amounted to Rs. 486.00 Lakh with Charge ID 101200859 was registered on 21 Nov 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 50.00 Lakh with Charge ID 101190856 was registered on 30 Oct 2025.
Charges
A charge with Indian Overseas Bank amounted to Rs. 200.00 Lakh with Charge ID 101164342 was registered on 25 Sep 2025.
AGM
Solinas Integrity Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Moinak Banerjee ceased to be Additional Director.
Appointed
Jai Harsukh Shah was appointed as Nominee Director.
Ceased
Krishnan Balasubramaniam ceased to be Director.
Ceased
Prabhu Rajagopal ceased to be Director.
Appointed
Suken Kirit Shah was appointed as Nominee Director.
Appointed
Moinak Banerjee was appointed as Director.
Ceased
Bhavesh Narayani ceased to be Director.
Filing
Solinas Integrity Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Solinas Integrity Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Solinas Integrity Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Solinas Integrity Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Solinas Integrity Private Limited
Solinas Integrity has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAZCS9971J1Z9 | Tamil Nadu | Active | 26 Feb 2019 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Solinas Integrity Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Related news about Solinas Integrity Private Limited
Frequently Asked Questions about Solinas Integrity Private Limited
Solinas Integrity is an active private limited company based in Chennai, Tamil Nadu, India. The company works in robotics and automation solutions, within the engineering industry. It was incorporated on 15 March 2018 (8+ years old) and is registered under CIN U72900TN2018PTC121452.
Solinas Integrity reported revenue of ₹4.52 Cr for FY 2024 (down 8% YoY).
Solinas Integrity has 4 current directors:
- Divanshu Kumar - Director
- Jai Harsukh Shah - Nominee Director
- Suken Kirit Shah - Nominee Director
- Moinak Banerjee - Director
Solinas Integrity reported a net loss of ₹2.85 Cr (net margin -63.2%) and EBITDA of -₹2.69 Cr (EBITDA margin -59.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solinas Integrity is 93% over three years. In the latest year (FY 2024) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solinas Integrity is 33AAZCS9971J1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Solinas Integrity is U72900TN2018PTC121452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solinas Integrity has 3 court cases on record: 1 filed against it. 2 are pending.
Solinas Integrity was incorporated on 15 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
Solinas Integrity has 13 deals on record (8 secondary share transfers, 2 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹73.6 Cr; the latest was in August 2026.
The peers of Solinas Integrity by revenue are Terence Tao Engineers Private Limited, Svaya Robotics Private Limited, Cygnii Automation Private Limited, Elixia Robotics Private Limited, Darubrahma Automation Robotics Private Limited and 5 more, all in the Engineering industry (Robotics).