Solo India Private Limited

Solo India Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U28900MH1967PTC013716 Incorporated 12 April 1967 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹1.42 Cr
▲ 63% YoY
Net profit · FY 2024
₹1.04 Cr
Net margin 73.6%
EBITDA · FY 2024
₹1.33 Cr
EBITDA margin 93.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹2.9 Lakh
Issued & subscribed
Company age
59 yrs
Est. 1967
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Solo India Private Limited

Data last updated:

Solo India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 12 April 1967 and has been in existence for over 59 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28900MH1967PTC013716. Its GSTIN is 27AAACS7763F1Z6 (Maharashtra).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹2.9 Lakh. It is led by directors including Neepa Dharmesh Salot and Nandlal Shyamsunderlal Sahu.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kherani Roadsaki Vihar Road Saki Naka Andheri (East), Mumbai, Maharashtra, India – 400072.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.42 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Cr (net margin 73.6%) and EBITDA of ₹1.33 Cr (EBITDA margin 93.7%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 58% over five years.

Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U28900MH1967PTC013716
Registration Number 013716
Incorporation Date 12 April 1967
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Solo India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Kherani Roadsaki Vihar Road Saki Naka Andheri (East), Mumbai, Maharashtra, India – 400072
  • Industry
    Financial Services, Real Estate Financing

To see the full contact details of Solo India Private Limited, buy the company report.

Comprehensive company report
Solo India 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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Business activity

The main business activity of Solo India is real estate activities. In detail, this covers real estate activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal estate activities68Real estate activities

To see the full business activity and turnover split of Solo India Private Limited, buy the company report.

Financials of Solo India Private Limited

FY 2025 filings available

Solo India Private Limited reported revenue of ₹1.42 Cr (up 63% YoY) for FY 2024.

Revenue · FY 2024
₹1.42 Cr ▲ 63%
Net profit · FY 2024
₹1.04 Cr margin 73.6%
EBITDA · FY 2024
₹1.33 Cr margin 93.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 47%
5 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 85%
5 years · compounded
▲ 75%

Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 63% growth in the latest year. EBITDA rose 74% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.33 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.04 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin93.7%
Net Profit Margin73.6%
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 Solo India Private Limited, buy the company report.

Board of directors of Solo India Private Limited

Solo India has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Neepa Dharmesh SalotDirector18 Dec 201510 Years 10 MonthsCurrent
Nandlal Shyamsunderlal SahuDirector14 Aug 201511 Years 2 MonthsCurrent
Mansukhlal Amritlal SanghrajkaDirector15 Jan 197056 Years 9 MonthsCurrent
Sangeeta Amit ShahDirector18 Dec 201510 Years 10 MonthsCurrent

Auditor

Solo India Private Limited is audited by M.A. Parekh & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
M.A. Parekh & AssociatesFY 2022121973W

Shareholding

The shareholding of Solo India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Solo India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Solo India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Solo India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACS7763F1Z6MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Solo India Private Limited, buy the company report.

Recent activity

Solo India Private Limited has 12 board changes on record since 1970: 4 appointments and 8 cessations. The latest: Neepa Dharmesh Salot ceased to be Additional Director on 30 Sep 2016.

AGM
Solo India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solo India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Neepa Dharmesh Salot ceased to be Additional Director.
Ceased
Sangeeta Amit Shah ceased to be Additional Director.
Ceased
Pravinchandra Jayantilal Changani ceased to be Director.
Appointed
Neepa Dharmesh Salot was appointed as Director.
Appointed
Sangeeta Amit Shah was appointed as Director.
Ceased
Gunvantrai Amritlal Sanghrajka ceased to be Director.
Ceased
Nandlal Shyamsunderlal Sahu ceased to be Additional Director.
Appointed
Nandlal Shyamsunderlal Sahu was appointed as Director.
Ceased
Himmatlal Amritlal Sanghrajka ceased to be Director.
Ceased
Jayantilal Amritlal Kamdar ceased to be Director.

3 earlier events are in the company report.

Frequently asked questions

Solo India is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 12 April 1967 (59+ years old) and is registered under CIN U28900MH1967PTC013716.

Solo India has 4 current directors:

The latest financial statements of Solo India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Solo India is 27AAACS7763F1Z6, registered in Maharashtra.

The CIN (Corporate Identification Number) of Solo India is U28900MH1967PTC013716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solo India has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the district courts.

Solo India was incorporated on 12 April 1967, making it 59+ years old. It is registered with the Registrar of Companies, Mumbai.

Neepa Dharmesh Salot ceased to be Additional Director on 30 Sep 2016. Sangeeta Amit Shah ceased to be Additional Director on 30 Sep 2016. Pravinchandra Jayantilal Changani ceased to be Director on 28 Mar 2016. Solo India has 12 board changes on record in total.

The registered office of Solo India is at Kherani Roadsaki Vihar Road Saki Naka Andheri East, Mumbai, Maharashtra, India – 400072.

Solo India operates in the financial services industry, in the real estate financing segment.