
Solitaire Appliances Private Limited
About Solitaire Appliances Private Limited
Data last updated:
Solitaire Appliances Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 11 December 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U32204MH1979PTC021985. The company has 7 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1 Cr. It was formerly known as V N Dhoot Investment Co Pvt Ltd and V. N. Dhoot Investment Company Private Limited. It is led by directors Vilas Rambhau Salunke and Gregary Herald Fernandes.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 2275 Adat Bazar, Mumbai, Maharashtra, India – 414001.
As per the financials filed for FY 2016, the company reported a revenue of ₹270.52 Cr. For the same year it recorded a net loss of ₹12.78 Cr (net margin -4.7%) and EBITDA of ₹11.85 Cr (EBITDA margin 4.4%).
As per MCA filings, the company has open charges of ₹24,491 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 3 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.01 Cr; the latest was in January 2012. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Indo Hitech Appliances Limited with revenue of ₹283.31 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address2275 Adat Bazar, Mumbai, Maharashtra, India – 414001
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
Business Activity of Solitaire Appliances Private Limited
The main business activity of Solitaire Appliances is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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 Solitaire Appliances Private Limited FY 2016 filings available
Solitaire Appliances Private Limited reported revenue of ₹270.52 Cr for FY 2016.
Financial Statement Summary of Solitaire Appliances Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹270.52 Cr | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹11.85 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹12.78 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 Solitaire Appliances Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.4% | •••• |
| Net Profit Margin | -4.7% | •••• |
| 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 Solitaire Appliances 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 Solitaire Appliances Private Limited
Solitaire Appliances Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indo Hitech Appliances Limited | ₹283.31 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Delhi, India |
| Lakshmi Electrical Drives Private Limited | ₹280.17 Cr (FY 2025) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| Gemcare Appliances Private Limited | ₹278.7 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | New Delhi, Delhi, India |
| Panasonic Energy India Company Limited Listed | ₹272.22 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Vadodara, Gujarat, India |
| Triveni Electroplast Private Limited | ₹270.92 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Uttar Pradesh, India |
| Solitaire Appliances Private Limited this company | ₹270.52 Cr (FY 2016) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Perfect Telelinks Private Limited | ₹262.34 Cr (FY 2025) | •••• | •••• | 135.0% | •••• | Fatehpur, Uttar Pradesh, India |
| Techno Electromech Private Limited | ₹260.88 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Vadodara, Gujarat, India |
| Prostarm Info Systems Limited | ₹259.23 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Thane, Maharashtra, India |
| Vihan Electric Private Limited | ₹258.71 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Brandworks Technologies Private Limited | ₹258.29 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Vasai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Solitaire Appliances by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Solitaire Appliances Private Limited
Solitaire Appliances Private Limited is audited by KADAM & CO for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KADAM & CO | 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 Solitaire Appliances Private Limited
Solitaire Appliances has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gregary Herald Fernandes Also directs: Conifer Textiles Private Limited, Synlene Packaging and Electronics Private Limited, Prosperous Energy Private Limited and 2 more | Additional Director | 16 Feb 2015 | 11 Years 7 Months | Current |
| Vilas Rambhau Salunke | Director | 01 Nov 2011 | 14 Years 11 Months | Current |
Ownership and Shareholding of Solitaire Appliances 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 Solitaire Appliances Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2018 | Others | ₹2,250 Cr | Open |
| 28 Mar 2017 | Others | ₹170 Cr | Open |
| 30 Dec 2016 | Others | ₹1,626 Cr | Open |
| 31 Dec 2015 | Others | ₹50 Cr | Open |
| 10 Sep 2015 | Ifci Limited | ₹200 Cr | Open |
Total charge records: 6 View all charges
Deals & Funding of Solitaire Appliances Private Limited
Solitaire Appliances Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.01 Cr; the latest was in January 2012.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Dec 2010 | Funding round | ₹99 Lakh | Investors: an individual |
| Feb 2009 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
Full deal history
All 4 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 Solitaire Appliances Private Limited
Solitaire Appliances Private Limited has 4 court cases on record: 4 filed against it. 3 cases are pending and 1 is disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 3 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 3 Mumbai | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax - 3 | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Solitaire Appliances Private Limited
Employment history and EPFO contributions of people linked to Solitaire Appliances.
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.
Group Structure of Solitaire Appliances Private Limited
Solitaire Appliances has 2 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
Name History of Solitaire Appliances Private Limited
Solitaire Appliances has undergone 2 name changes throughout its history. The company was previously known as V N Dhoot Investment Co Pvt Ltd, and V. N. Dhoot Investment Company Private Limited. The current legal name is Solitaire Appliances Private Limited.
| Company Name | Status |
|---|---|
| Solitaire Appliances Private Limited | Current |
| V N Dhoot Investment Co Pvt Ltd | Previous |
| V. N. Dhoot Investment Company Private Limited | Previous |
CIN History of Solitaire Appliances Private Limited
Solitaire Appliances has one previous CIN (Corporate Identification Number): U65993MH1979PTC021985. The current CIN is U32204MH1979PTC021985, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32204MH1979PTC021985 | Current |
| U65993MH1979PTC021985 | Previous |
Recent Activity on Solitaire Appliances Private Limited
Solitaire Appliances Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Gregary Herald Fernandes ceased to be Additional Director on 16 Apr 2018.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Solitaire Appliances 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 Solitaire Appliances 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 Solitaire Appliances 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 Solitaire Appliances Private Limited
Solitaire Appliances has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Solitaire Appliances 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 Solitaire Appliances Private Limited
Solitaire Appliances is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 11 December 1979 (47+ years old) and is registered under CIN U32204MH1979PTC021985.
Solitaire Appliances reported revenue of ₹270.52 Cr for FY 2016.
Solitaire Appliances has 2 current directors:
- Gregary Herald Fernandes - Additional Director
- Vilas Rambhau Salunke - Director
Solitaire Appliances reported a net loss of ₹12.78 Cr (net margin -4.7%) and EBITDA of ₹11.85 Cr (EBITDA margin 4.4%) for FY 2016, as per its filed financial statements.
No. Solitaire Appliances has 7 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Solitaire Appliances is U32204MH1979PTC021985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solitaire Appliances has 4 court cases on record: 4 filed against it. 3 are pending.
Solitaire Appliances was incorporated on 11 December 1979, making it 47+ years old. It is registered with the Registrar of Companies, Pune.
Solitaire Appliances has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.01 Cr; the latest was in January 2012.
The peers of Solitaire Appliances by revenue are Indo Hitech Appliances Limited, Lakshmi Electrical Drives Private Limited, Gemcare Appliances Private Limited, Panasonic Energy India Company Limited, Triveni Electroplast Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Gregary Herald Fernandes ceased to be Additional Director on 16 Apr 2018. Gregary Herald Fernandes was appointed as Additional Director on 16 Feb 2015. Saurabh Pradipkumar Dhoot ceased to be Additional Director on 16 Feb 2015. Solitaire Appliances has 8 board changes on record in total.