Solobie Enterprises Private Limited

Solobie Enterprises Private Limited - food and beverages in Lucknow, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U74993UP2017PTC097785 Incorporated 12 October 2017 ROC Uttar Pradesh HQ Lucknow, Uttar Pradesh, India
Active Private Limited Company food and beverages DPIIT Startup
Data last updated
Revenue · FY 2023
₹42.83 Lakh
▲ 18% YoY
Net loss · FY 2023
₹6.87 Lakh
Net margin -16%
EBITDA · FY 2023
-₹4.04 Lakh
EBITDA margin -9.4%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Solobie Enterprises Private Limited

Data last updated:

Solobie Enterprises Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 12 October 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U74993UP2017PTC097785. Its GSTIN is 09AAZCS3429B1Z0 (Uttar Pradesh).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ajay Kumar Chaurasia and Vivek Kumar Verma.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Kh No – 814 Plot No – C 33 Mandiyaon, Lucknow, Uttar Pradesh, India – 226021.

As per the financials filed for FY 2023, the company reported a revenue of ₹42.83 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹6.87 Lakh (net margin -16%) and EBITDA of -₹4.04 Lakh (EBITDA margin -9.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.

The company is associated with 1 brand: Corn Junction. The company has 1 deal on record (1 funding round); the latest was in July 2022.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cornjunction.com.

Company details

CIN U74993UP2017PTC097785
Registration Number 097785
Incorporation Date 12 October 2017
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Solobie Enterprises

DPIIT recognised startup Government of India
Startup India

Contact details

Solobie Enterprises Private Limited's registered office is in Lucknow, Uttar Pradesh. Its website is cornjunction.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    Kh No – 814 Plot No – C 33 Mandiyaon, Lucknow, Uttar Pradesh, India – 226021
  • Industry
    Food and Beverages, Dairy Products & Milk Processing, Bakery & Confectionery Products

To see the full contact details of Solobie Enterprises Private Limited, buy the company report.

Comprehensive company report
Solobie Enterprises 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

Solobie Enterprises operates one associated brand: Corn Junction. Each brand links to its own profile.

BrandDescriptionWebsite
Healthy and natural fast food is served by Corn Junction.cornjunction.com

Business activity

The main business activity of Solobie Enterprises is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

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

Financials of Solobie Enterprises Private Limited

FY 2023 filings available

Solobie Enterprises Private Limited reported revenue of ₹42.83 Lakh (up 18% YoY) for FY 2023.

Revenue · FY 2023
₹42.83 Lakh ▲ 18%
Net loss · FY 2023
₹6.87 Lakh margin -16%
EBITDA · FY 2023
-₹4.04 Lakh margin -9.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 105%
3 years · compounded
▼ 76%
5 years · compounded
▼ 122%

Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 18% growth in the latest year. EBITDA fell 105% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹4.04 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹6.87 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-9.4%
Net Profit Margin-16%
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 Solobie Enterprises Private Limited, buy the company report.

Board of directors of Solobie Enterprises Private Limited

Solobie Enterprises has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ajay Kumar ChaurasiaDirector12 Oct 20179 Years 0 MonthsCurrent
Vivek Kumar VermaDirector22 Mar 20224 Years 7 MonthsCurrent

Deals & funding

Solobie Enterprises Private Limited has 1 deal on record (1 funding round); the latest was in July 2022.

Total deals
1
Funding round
1

Deals on record (1 of 1)

WhenDealAmountParties
Jul 2022Funding roundUndisclosedInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

GST

Solobie Enterprises has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAZCS3429B1Z0Uttar PradeshActive19 Apr 2019

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

Recent activity

Solobie Enterprises Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Sanjai Kumar Chaurasiya ceased to be Director on 22 Mar 2022.

AGM
Solobie Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Solobie Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Uttar Pradesh I.
Ceased
Sanjai Kumar Chaurasiya ceased to be Director.
Appointed
Vivek Kumar Verma was appointed as Director.
Appointed
Ajay Kumar Chaurasia was appointed as Director.
Incorporation
12 Oct 2017
Solobie Enterprises Private Limited was registered on 12 Oct 2017 with Roc Uttar Pradesh I & aged 9 years 27 days as per MCA records.

Frequently asked questions

Solobie Enterprises is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 12 October 2017 (9+ years old) and is registered under CIN U74993UP2017PTC097785.

Solobie Enterprises has 2 current directors:

The latest financial statements of Solobie Enterprises on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Solobie Enterprises is 09AAZCS3429B1Z0, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Solobie Enterprises is U74993UP2017PTC097785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solobie Enterprises was incorporated on 12 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.

Solobie Enterprises has 1 deal on record (1 funding round); the latest was in July 2022.

Sanjai Kumar Chaurasiya ceased to be Director on 22 Mar 2022. Vivek Kumar Verma was appointed as Director on 22 Mar 2022. Ajay Kumar Chaurasia was appointed as Director on 12 Oct 2017.

Yes, Solobie Enterprises is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Solobie Enterprises can be reached through the website cornjunction.com. Its registered office is in Lucknow, Uttar Pradesh, India.