Sololite Plastic Products Pvt Ltd
About Sololite Plastic Products Pvt Ltd
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Sololite Plastic Products Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the manufacturing segment of the plastics and polymers sector. It was incorporated on 19 November 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1981PTC206048.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.24 Lakh. It is led by directors Veena Harilal Boolani (Whole-Time Director) and Vijay Harilal Boolani.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹47,092 (net margin 23.5%) and EBITDA of ₹56,092 (EBITDA margin 28%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹58.05 Lakh and satisfied charges of ₹58.05 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressRaj Laxmi Co – Op. Hsg So Ltd 502 Adarsh So. Cross Rd 2 Plot No 8 Off Ram Chandra Lane M, Alad West, Mumbai, Maharashtra, India – 400064
- IndustryPlastics, Manufacturing, Pvc, Plastic, Tank, Synthetic
- 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
Financials of Sololite Plastic Products Pvt Ltd FY 2025 filings available
Sololite Plastic Products Pvt Ltd reported revenue of ₹2 Lakh (up 2757% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sololite Plastic Products Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years. EBITDA rose 143% 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 of Sololite Plastic Products Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹56,092 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹47,092 | •••• | •••• | •••• | •••• |
| 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 Sololite Plastic Products Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 23.5% | •••• | •••• | •••• | •••• |
| 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 Sololite Plastic Products 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 Sololite Plastic Products Pvt Ltd
Sololite Plastic Products Pvt Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abhishek Polyplast Private Limited | ₹2.11 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Surana Plastic and Paper Private Limited | ₹2.09 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Wic-Chem Private Limited | ₹2.07 Lakh (FY 2025) | •••• | •••• | -88.0% | •••• | Uttar Pradesh, India |
| Bhardwaj Polyplast Private Limited | ₹2.04 Lakh (FY 2024) | •••• | •••• | 23.0% | •••• | Faridabad, Haryana, India |
| Sololite Plastic Products Pvt Ltd this company | ₹2 Lakh (FY 2025) | •••• | •••• | 2757.0% | •••• | Mumbai, Maharashtra, India |
| HKG Poly Blends Private Limited | ₹2 Lakh (FY 2024) | •••• | •••• | •••• | Siliguri, West Bengal, India | |
| Indoplast Products India Private Limited | ₹2 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| Pincers Polyplast Private Limited | ₹1.98 Lakh (FY 2024) | •••• | •••• | 167697.0% | •••• | Kolkata, West Bengal, India |
| Magpie Plastics Private Limited | ₹1.98 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | Delhi, India |
| Lalit Polymers & Electronics Limited | ₹1.94 Lakh (FY 2019) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Kool Polymers Private Limited | ₹1.93 Lakh (FY 2025) | •••• | •••• | •••• | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Sololite Plastic Products by revenue in the Manufacturing industry (Plastic Based Products), 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 Sololite Plastic Products Pvt Ltd
Sololite Plastic Products Pvt Ltd is audited by DEEPAK VORA for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEEPAK VORA | 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 Sololite Plastic Products Pvt Ltd
Sololite Plastic Products has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Harilal Boolani | Director | 19 Nov 1981 | 44 Years 10 Months | Current |
| Veena Harilal Boolani | Whole-Time Director | 30 Nov 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Sololite Plastic Products Pvt Ltd
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 Sololite Plastic Products Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Dec 1997 | Bank of Baroda | ₹14.8 Lakh | Satisfied |
| 03 Jun 1995 | Bank of Baroda | ₹1.5 Lakh | Satisfied |
| 25 Sep 1992 | Bank of Baroda | ₹4.5 Lakh | Satisfied |
| 25 May 1988 | Bank of Baroda | ₹4.3 Lakh | Satisfied |
| 25 May 1988 | Bank of Baroda | ₹21.65 Lakh | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Sololite Plastic Products Pvt Ltd
Employment history and EPFO contributions of people linked to Sololite Plastic Products.
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.
CIN History of Sololite Plastic Products Pvt Ltd
Sololite Plastic Products has one previous CIN (Corporate Identification Number): U25209GJ1981PTC004790. The current CIN is U25209MH1981PTC206048, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209MH1981PTC206048 | Current |
| U25209GJ1981PTC004790 | Previous |
Recent Activity on Sololite Plastic Products Pvt Ltd
Sololite Plastic Products Pvt Ltd has 3 board changes on record since 1981: 2 appointments and 1 cessation. The latest: Harilal Laxmichand Boolani ceased to be Director on 16 Oct 2021.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sololite Plastic Products Pvt Ltd
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 Sololite Plastic Products Pvt Ltd
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 Sololite Plastic Products Pvt Ltd
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 Sololite Plastic Products Pvt Ltd
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 Sololite Plastic Products Pvt Ltd
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 Sololite Plastic Products Pvt Ltd
Sololite Plastic Products is an active private limited company based in Mumbai, Maharashtra, India. The company works in manufacturing, within the plastics industry. It was incorporated on 19 November 1981 (45+ years old) and is registered under CIN U25209MH1981PTC206048.
Sololite Plastic Products reported revenue of ₹2 Lakh for FY 2025 (up 2757% YoY).
Sololite Plastic Products has 2 current directors:
- Veena Harilal Boolani - Whole-Time Director
- Vijay Harilal Boolani - Director
Sololite Plastic Products reported a net profit of ₹47,092 (net margin 23.5%) and EBITDA of ₹56,092 (EBITDA margin 28%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sololite Plastic Products is -36% over three years and -24% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Sololite Plastic Products is U25209MH1981PTC206048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sololite Plastic Products was incorporated on 19 November 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sololite Plastic Products by revenue are Abhishek Polyplast Private Limited, Surana Plastic and Paper Private Limited, Wic-Chem Private Limited, Bhardwaj Polyplast Private Limited, HKG Poly Blends Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Harilal Laxmichand Boolani ceased to be Director on 16 Oct 2021. Veena Harilal Boolani was appointed as Whole-Time Director on 30 Nov 2018. Vijay Harilal Boolani was appointed as Director on 19 Nov 1981.
The registered office of Sololite Plastic Products is at Raj Laxmi Co – Op. Hsg So Ltd 502 Adarsh So. Cross Rd 2 Plot No 8 Off Ram Chandra Lane M, Alad West, Mumbai, Maharashtra, India – 400064.
Sololite Plastic Products has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.24 Lakh.