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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 3 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.
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
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
Solinas Integrity Private Limited's registered office is in Chennai, Tamil Nadu. Its website is solinas.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Solinas Integrity Private Limited, buy the company report.
Comprehensive company report
Solinas Integrity 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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Brands
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Solinas Integrity Private Limited, buy the company report.
Financials of Solinas Integrity Private Limited
FY 2024 filings availableSolinas 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)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹2.69 Cr | ||||
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| Net Profit (PAT) | -₹2.85 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -59.5% | ||||
| Net Profit Margin | -63.2% | ||||
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To see the full financial statements and ratios of Solinas Integrity Private Limited, buy the company report.
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 |
Auditor
Solinas Integrity Private Limited is audited by Mukesh Kataria & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mukesh Kataria & Associates | FY 2023 | 013336S |
Shareholding
The shareholding of Solinas Integrity 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 Solinas Integrity Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.26 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2025 | 101200859 | Indian Overseas Bank | ₹4.86 Cr | Open | |
| 30 Oct 2025 | 101190856 | The Hongkong and Shanghai Banking Corporation Limited | ₹50 Lakh | Open | |
| 25 Sep 2025 | 101164342 | Indian Overseas Bank | ₹2 Cr | Open | |
| 22 Dec 2023 | 100836395 | Hdfc Bank Limited | ₹90 Lakh | Open |
Total charge records: 4 View all charges
Deals & funding
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 |
To see the full deal history of Solinas Integrity Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Solinas Integrity Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Genrobotic Innovations Private Ltd THR Its Authorised Signatory Satish G Ponnammal | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Genrobotic Innovations Private Limited | Pending |
| Bombay High Court | Writ petition | Filed against the company by Genrobotic Innovations Private Limited Through Its Authorised Signatory | Disposed |
To see the full case history of Solinas Integrity Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solinas Integrity Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solinas Integrity Private Limited has a workforce of 41 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
Employee count
41
Active EPFO establishments
1
Employee growth
70.83%
GST
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 |
To see the full GST registrations and return filing status of Solinas Integrity Private Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 has 4 current directors:
- Divanshu Kumar - Director
- Jai Harsukh Shah - Nominee Director
- Suken Kirit Shah - Nominee Director
- Moinak Banerjee - Director
The latest financial statements of Solinas Integrity on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
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: 3 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.
Moinak Banerjee ceased to be Additional Director on 29 Sep 2024. Jai Harsukh Shah was appointed as Nominee Director on 16 Aug 2024. Krishnan Balasubramaniam ceased to be Director on 16 Aug 2024. Solinas Integrity has 9 board changes on record in total.
Yes, Solinas Integrity is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).