Soloman Machines Private Limited
About Soloman Machines Private Limited
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Soloman Machines Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 31 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29253DL2010PTC212008. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Om Parkash and Varun Dhall.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at House No. 141 Block – L Sec 2 Dsidc Bawana, New Delhi, Delhi, India – 110039.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.08 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹6.33 Lakh (net margin -104.1%) and EBITDA of ₹2.05 Lakh (EBITDA margin 33.8%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 54% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Soloman Machines Private Limited's registered office is in New Delhi, Delhi. Its telephone number is in the company report.
- Telephone
- Registered AddressHouse No. 141 Block – L Sec 2 Dsidc Bawana, New Delhi, Delhi, India – 110039
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Soloman Machines 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
Business activity
The main business activities of Soloman Machines are manufacturing and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Soloman Machines Private Limited, buy the company report.
Financials of Soloman Machines Private Limited
FY 2020 filings availableSoloman Machines Private Limited reported revenue of ₹6.08 Lakh (down 98% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 98% fall in the latest year. EBITDA fell 50% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹2.05 Lakh | ||||
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| Net Profit (PAT) | -₹6.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 33.8% | ||||
| Net Profit Margin | -104.1% | ||||
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To see the full financial statements and ratios of Soloman Machines Private Limited, buy the company report.
Board of directors of Soloman Machines Private Limited
Soloman Machines has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Om Parkash | Director | 31 Dec 2010 | 15 Years 9 Months | Current |
| Varun Dhall Also directs: Bling Couture Private Limited | Director | 28 Mar 2019 | 7 Years 6 Months | Current |
Auditor
Soloman Machines Private Limited is audited by MUKESH KOHLI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKESH KOHLI & CO. | FY 2017 | 009572N |
Shareholding
The shareholding of Soloman Machines Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Soloman Machines Private Limited, buy the company report.
Legal cases
Soloman Machines Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Soloman Machines 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 Soloman Machines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Soloman Machines has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Soloman Machines Private Limited, buy the company report.
Recent activity
Soloman Machines Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Varun Dhall ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Soloman Machines is an active private limited company based in New Delhi, Delhi, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 31 December 2010 (16+ years old) and is registered under CIN U29253DL2010PTC212008.
Soloman Machines has 2 current directors:
- Om Parkash - Director
- Varun Dhall - Director
The latest financial statements of Soloman Machines on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Soloman Machines has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Soloman Machines is U29253DL2010PTC212008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Soloman Machines has 1 court case on record: 1 filed against it.
Soloman Machines was incorporated on 31 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Varun Dhall ceased to be Additional Director on 30 Sep 2019. Sambhav Harjai ceased to be Director on 28 Mar 2019. Varun Dhall was appointed as Director on 28 Mar 2019. Soloman Machines has 4 board changes on record in total.
The registered office of Soloman Machines is at House No. 141 Block – L Sec 2 Dsidc Bawana, New Delhi, Delhi, India – 110039.
Soloman Machines operates in the machinery and equipment industry, in the process machinery and industrial equipment segment.