Solitaire Appliances Private Limited

Solitaire Appliances Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U32204MH1979PTC021985 Incorporated 11 December 1979 ROC Pune HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2016
₹270.52 Cr
Latest filing
Net loss · FY 2016
₹12.78 Cr
Net margin -4.7%
EBITDA · FY 2016
₹11.85 Cr
EBITDA margin 4.4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹24,491 Cr
Secured borrowings
Company age
47 yrs
Est. 1979
Directors on board
2
As per MCA filings

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.

Company Details of Solitaire Appliances Private Limited
CIN U32204MH1979PTC021985
Registration Number 021985
Incorporation Date 11 December 1979
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    2275 Adat Bazar, Mumbai, Maharashtra, India – 414001
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Solitaire Appliances Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
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Financials of Solitaire Appliances Private Limited FY 2016 filings available

Solitaire Appliances Private Limited reported revenue of ₹270.52 Cr for FY 2016.

Revenue · FY 2016
₹270.52 Cr
Net loss · FY 2016
₹12.78 Cr margin -4.7%
EBITDA · FY 2016
₹11.85 Cr margin 4.4%

Financial Statement Summary of Solitaire Appliances Private Limited

MetricsFY 2015-16FY 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

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin4.4%••••
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.

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Financial statements from 2015

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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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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.

NameStatusAppointment DateCessation Date
KADAM & COLockedLockedLocked
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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.

Current Directors
NameDesignationAppointment DateTenureStatus
Gregary Herald FernandesAdditional Director16 Feb 201511 Years 7 MonthsCurrent
Vilas Rambhau SalunkeDirector01 Nov 201114 Years 11 MonthsCurrent

Ownership and Shareholding of Solitaire Appliances Private Limited

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Charges & Borrowings of Solitaire Appliances Private Limited

Open charges
₹24,491 Cr
Satisfied charges
None
Breakdown by lending institutions
Sbicap Trustee Company Limited₹20,195.00 Cr
Others₹4,096.00 Cr
Ifci Limited₹200.00 Cr
Latest charge details
DateLenderAmountStatus
01 Feb 2018Others₹2,250 CrOpen
28 Mar 2017Others₹170 CrOpen
30 Dec 2016Others₹1,626 CrOpen
31 Dec 2015Others₹50 CrOpen
10 Sep 2015Ifci Limited₹200 CrOpen

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.

Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹1.01 Cr

Deals on record (3 of 4)

WhenDealAmountParties
Jan 2012Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Dec 2010Funding round₹99 LakhInvestors: an individual
Feb 2009Secondary share transferUndisclosedSeller: 4 individuals
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Employees and EPFO Compliance at Solitaire Appliances Private Limited

Employment history and EPFO contributions of people linked to Solitaire Appliances.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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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.

2
Associated companies

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 NameStatus
Solitaire Appliances Private LimitedCurrent
V N Dhoot Investment Co Pvt LtdPrevious
V. N. Dhoot Investment Company Private LimitedPrevious

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.

CINStatus
U32204MH1979PTC021985Current
U65993MH1979PTC021985Previous

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.

Ceased
Gregary Herald Fernandes ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 2,250.00 Cr with Charge ID 100163039 was registered on 01 Feb 2018.
Charges
A charge with Others amounted to Rs. 170.00 Cr with Charge ID 100155137 was registered on 28 Mar 2017.
Charges
A charge with Others amounted to Rs. 1,626.00 Cr with Charge ID 100073931 was registered on 30 Dec 2016.
AGM
Solitaire Appliances Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Solitaire Appliances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Pune.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100017924 was registered on 31 Dec 2015.
Charges
A charge with Ifci Limited amounted to Rs. 200.00 Cr with Charge ID 10603089 was registered on 10 Sep 2015.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 20,195.00 Cr with Charge ID 10591207 was registered on 20 Aug 2015.
Appointed
Gregary Herald Fernandes was appointed as Additional Director.
Ceased
Saurabh Pradipkumar Dhoot ceased to be Additional Director.
Ceased
Subhash Shamsunder Dayama ceased to be Director.

5 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Solitaire Appliances Private Limited

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MSME Payment Delays by Solitaire Appliances Private Limited

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Subsidiaries & Group Companies of Solitaire Appliances Private Limited

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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.

Total GSTINs
7
Cancelled / inactive
7
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MCA Filings & Documents of Solitaire Appliances Private Limited

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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:

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.

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