About Solitaire Trade-Link Private Limited
Data last updated:
Solitaire Trade-Link Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 16 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45100GJ2005PTC045690. Its GSTIN is 24AAICS9617E1Z9 (Gujarat). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors including Shweta Arun Lalwani and Akshay Arun Lalwani.
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 703 K – 10 Grand Sarabhai Compound Nr. Genda Circle Wadi Wadi – Race Course, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.81 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹84.52 Lakh (net margin 9.6%) and EBITDA of ₹2.69 Cr (EBITDA margin 30.5%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 18% over five years.
The company is associated with 1 brand: Solitaire Trade. As per MCA filings, the company has open charges of ₹21.22 Cr and satisfied charges of ₹3.6 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solitaireexports.com.
Company details
CIN history
Solitaire Trade-Link has one previous CIN (Corporate Identification Number): U51100GJ2005PTC045690. The current CIN is U45100GJ2005PTC045690, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100GJ2005PTC045690 | Current |
| U51100GJ2005PTC045690 | Previous |
Contact details
Solitaire Trade-Link Private Limited's registered office is in Vadodara, Gujarat. Its website is solitaireexports.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address703 K – 10 Grand Sarabhai Compound Nr. Genda Circle Wadi Wadi – Race Course, Vadodara, Gujarat, India – 390007
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Solitaire Trade-Link Private Limited, buy the company report.
- 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
Brands
Solitaire Trade-Link operates one associated brand: Solitaire Trade. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| International trading company dealing in pharmaceuticals, commodities, solar, and agricultural products globally. | solitaireexports.com |
Business activity
The main business activity of Solitaire Trade-Link is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Solitaire Trade-Link Private Limited, buy the company report.
Financials of Solitaire Trade-Link Private Limited
FY 2024 filings availableSolitaire Trade-Link Private Limited reported revenue of ₹8.81 Cr (down 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 38% fall in the latest year. EBITDA rose 38% in the latest year. 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 |
|---|---|---|---|---|---|
| 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) | ₹84.52 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.5% | ||||
| Net Profit Margin | 9.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Solitaire Trade-Link Private Limited, buy the company report.
Board of directors of Solitaire Trade-Link Private Limited
Solitaire Trade-Link has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Arun Lalwani Also directs: Maison Vertes LLP, Fornitore Private Limited, Medixia Lifesciences Private Limited and 2 more | Director | 05 Sep 2019 | 7 Years 1 Months | Current |
| Akshay Arun Lalwani Also directs: Maison Vertes LLP, Arunodaya Reality Infra LLP, Stonebridge Constructions Realty SCR LLP and 2 more | Director | 05 Sep 2019 | 7 Years 1 Months | Current |
| Rekha Arun Lalwani Also directs: L'amour Diamonds LLP, Maison Vertes LLP | Director | 16 Mar 2005 | 21 Years 7 Months | Current |
| Arun Naraindas Lalwani | Director | 16 Mar 2005 | 21 Years 7 Months | Current |
Peer comparison
Solitaire Trade-Link Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shankheshwar Impex Private Limited | ₹8.82 Cr (FY 2022) | -1.0% | Indore, Madhya Pradesh, India | |||
| Solitaire Trade-Link Private Limitedthis company | ₹8.81 Cr (FY 2024) | ₹84.52 Lakh | 9.6% | -38.0% | Vadodara, Gujarat, India | |
| Udit Vyapar Private Limited | ₹8.78 Cr (FY 2024) | 25.0% | Lucknow, Uttar Pradesh, India | |||
| Selorac Healthcare Private Limited | ₹8.76 Cr (FY 2025) | 30.0% | Jabalpur, Madhya Pradesh, India |
To see the full peer comparison of Solitaire Trade-Link Private Limited, buy the company report.
Auditor
Solitaire Trade-Link Private Limited is audited by S. F. TAI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. F. TAI & ASSOCIATES | FY 2023 | 114819W |
Shareholding
The shareholding of Solitaire Trade-Link 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 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solitaire Trade-Link Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2023 | 100740422 | Others | ₹3.01 Cr | Open | |
| 29 Jul 2022 | 100609278 | Others | ₹1.04 Cr | Open | |
| 25 May 2021 | 100455063 | Others | ₹3.5 Cr | Open | |
| 30 Mar 2018 | 100226092 | Others | ₹55 Lakh | Open | |
| 06 Apr 2016 | 100065905 | Others | ₹3.12 Cr | Open |
To see the full charge records of Solitaire Trade-Link Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Solitaire Trade-Link Private Limited has 3 court cases on record: 3 filed by Solitaire Trade-Link. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Anand, Gujarat | Court case (SPCS) | Filed by the company against M.S. Mahik Medicaments Div of Heetul Graphics Pvt Ltd and 3 others | Disposed |
| District court, Anand, Gujarat | Court case (SPCS) | Filed by the company against M.S. Mahik Medicaments Div of Heetul Graphics Pvt Ltd and 3 others | Disposed |
| District court, Vadodara, Gujarat | Court case (SPCS) | Filed by the company against M/S Mahik Medicaments (A Div. of Heetul Graphics Pvt.Ltd. | Disposed |
To see the full case history of Solitaire Trade-Link 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 Solitaire Trade-Link Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solitaire Trade-Link has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICS9617E1Z9 | Gujarat | Active | 01 Jul 2017 |
| 24AAICS9617E2Z8 | Gujarat | Active | 21 Aug 2023 |
| 27AAICS9617E3Z1 | Maharashtra | Active | 11 Jul 2024 |
To see the full GST registrations and return filing status of Solitaire Trade-Link Private Limited, buy the company report.
Recent activity
Solitaire Trade-Link Private Limited has 6 board changes on record since 2005: 4 appointments and 2 cessations. The latest: Akshay Arun Lalwani ceased to be Additional Director on 18 Sep 2019.
11 earlier events are in the company report.
Frequently asked questions
Solitaire Trade-Link is an active private limited company based in Vadodara, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 16 March 2005 (21+ years old) and is registered under CIN U45100GJ2005PTC045690.
Solitaire Trade-Link has 4 current directors:
- Shweta Arun Lalwani - Director
- Akshay Arun Lalwani - Director
- Rekha Arun Lalwani - Director
- Arun Naraindas Lalwani - Director
The latest financial statements of Solitaire Trade-Link 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 2015 are in the company report.
The GSTIN of Solitaire Trade-Link is 24AAICS9617E1Z9, registered in Gujarat. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAICS9617E2Z8 (Gujarat), 27AAICS9617E3Z1 (Maharashtra).
The CIN (Corporate Identification Number) of Solitaire Trade-Link is U45100GJ2005PTC045690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solitaire Trade-Link has 3 court cases on record: 3 filed by the company.
Solitaire Trade-Link was incorporated on 16 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Solitaire Trade-Link by revenue are Shankheshwar Impex Private Limited, Udit Vyapar Private Limited, Selorac Healthcare Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Akshay Arun Lalwani ceased to be Additional Director on 18 Sep 2019. Shweta Arun Lalwani ceased to be Additional Director on 18 Sep 2019. Akshay Arun Lalwani was appointed as Director on 05 Sep 2019. Solitaire Trade-Link has 6 board changes on record in total.
Solitaire Trade-Link can be reached through the website solitaireexports.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Solitaire Trade-Link is at 703 K – 10 Grand Sarabhai Compound Nr. Genda Circle Wadi Wadi – Race Course, Vadodara, Gujarat, India – 390007.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
