SOLARA ACTIVE PHARMA SCIENCES LIMITED

Active

SOLARA ACTIVE PHARMA SCIENCES LIMITED having CIN L24230MH2017PLC291636 is 8 years , 3 month & 14 days old Public Indian Company incorporated on 23 Feb 2017. It is classified as Non-government company and is registered at ROC Mumbai. Its authorized share capital is Rs. 1,200,000,000 and its paid up capital is Rs. 402,538,313. It's NIC code is 24230 (which is part of its CIN).

As per the NIC code, it is involved in . SOLARA ACTIVE PHARMA SCIENCES LIMITED Annual General Meeting (AGM) was last held on N/A and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 09-20-2024. Directors of SOLARA ACTIVE PHARMA SCIENCES LIMITED are Rajendra Kumar Srivastava and Kartheek Chintalapati Raju.

SOLARA ACTIVE PHARMA SCIENCES LIMITED ' Corporate Identification Number (CIN) is L24230MH2017PLC291636 and its registration number is 291636. Users may contact SOLARA ACTIVE PHARMA SCIENCES LIMITED on its Email address - investors@solara.co.in Registered address of SOLARA ACTIVE PHARMA SCIENCES LIMITED is Cyber One, Unit No. 902, Sector 30A,Thane,Maharashtra,India-400703. Current status of SOLARA ACTIVE PHARMA SCIENCES LIMITED is - Active.

Key Indicators

Authorised Capital

1,200,000,000

as on 06/06/2025

Paid Up Capital

402,538,313

as on 06/06/2025

Company Age

8 Year, 3 Months

Last Filing with ROC

0 Year, 8 Months

CIN	L24230MH2017PLC291636
Company Status	Active
Registration Number	291636
Date of Incorporation	02/23/2017
RoC	ROC Mumbai
Company Age	8 years & 105 days
Authorized Capital	₹ 1200000000
Paid-up capital	₹ 402538312.5
Company Category	Company limited by shares
Company Sub-Category	Non-government company
Class of company	Public
Activity
Listing status	listed
Date of Last Annual General Meeting	31-03-2023
Date of Latest Balance Sheet	31-03-2023

Contact

Email ID	investors@solara.co.in
Address	TICEL BIO PARK 6th floor Module No 601 602 603 Chennai City Corporation Tamil Nadu India 600113
Website	solara.co.in
Contact Number	+91*******

Location on Map

Director

Designation	Name	Date OF Appointment	DIN	PAN	Tenure
Director	Ratio RAMAKRISHNAN RAJAGOPAL	09/28/2018	00161542	*****1432H	6 years
Director	Ratio NIRMAL PRATAP BHOGILAL	04/15/2024	00173168	*****4431A	1 years
Director	Ratio KAUSALYA SANTHANAM	08/02/2023	06999168	*****0588F	1 years
Director	Ratio ANKUR NAND THADANI	04/15/2023	03566737	*****6422J	2 years
Director	Ratio BHARATH RAMRAMAN SESHA	08/25/2021	01983066	*****6038J	3 years
Director	Ratio ADITYA PURI	02/28/2023	00062650	*****2608K	2 years
Director	Ratio RAJENDER JUVVADI RAO	10/16/2023	00083540		1 years
Director	Ratio KARTHEEK CHINTALAPATI RAJU	07/12/2023	02921819	*****5045P	1 years
Director	Ratio VINEETA RAI	10/17/2021	07013113	*****0156M	3 years
Director	Ratio ARUN KUMAR PILLAI	02/15/2024	00084845	*****0461L	1 years
Director	Ratio JITESH DEVENDRA	01/24/2023	06469234	*****1215B	2 years
Director	Ratio SUBRAMANIAN HARIHARAN	03/29/2023	05297969		2 years
Director	Ratio SUBHASH CHAND ANAND	08/25/2021	07348933	*****6635R	3 years
Director	Ratio K R RAVISHANKAR	09/13/2019	00084908	*****6016N	5 years
Director	Ratio SANDEEP SHASHIKANTHA RAO	04/02/2025	10838251	*****3445M	0 years
Director	Ratio SARAT KUMAR ASURI	04/02/2025	10837714	*****9637R	0 years
Director	Ratio MANISH GUPTA	08/19/2024	06805265	*****1518N	0 years
Director	Ratio MOHAN MUTHUNARAYANAN	03/05/2024	03610282	*****1146P	1 years
Director	Ratio RAJENDRA KUMAR SRIVASTAVA	12/13/2023	07500741	*****7279Q	1 years
Director	Ratio RAJIV VIJAY NABAR	12/13/2023	10383397	*****5376R	1 years
Director	Ratio PATRI VENKAT RAGHAVENDRA RAO	11/18/2023	09774436	*****8758R	1 years
Director	Ratio POORVANK PUROHIT	07/08/2023	10158900	*****6978E	1 years

Companies connected through Directors

Name	Status	Paid Up Capital	Common Directors	Address
BHAGMAL INVESTMENTS PVT LTD	Active	1,00,000.00	2	Maharashtra
NIRBHAG INVESTMENTS PRIVATE LIMITED	Active	2,00,000.00	2	Maharashtra
PRAMAYA SHARES AND SECURITIES PRIVATE LIMITED	Active	2,00,000.00	2	Maharashtra
BATLIBOI LIMITED	Active	24,07,97,420.00	2	Maharashtra
HITCO INVESTMENTS PVT LTD	Active	1,00,000.00	2	Maharashtra
RIGHT WAY NUTRITION LLP	Active	0.00	1	-
STRIDES PHARMA SCIENCE LIMITED	Active	91,95,82,140.00	2	Maharashtra
API HOLDINGS LIMITED	Active	6,76,57,32,317.00	2	Maharashtra
SALISBURY INVESTMENTS PRIVATE LIMITED	Active	18,50,000.00	2	Maharashtra
PURI ADVISORS LLP	Active	0.00	2	-
INVENTIS DRUG DELIVERY SYSTEMS PRIVATE LIMITED	Amalgamated	4,23,66,000.00	2	Telangana
CLINICAL RESEARCH AND BIOSCIENCES INDIA PRIVATE LIMITED	Amalgamated	0.00	2	Telangana
INDRAPRASTHA MEDICAL CORPORATION LIMITED	Active	91,67,30,000.00	1	Delhi
FRAXIS LIFE SCIENCES LIMITED	Amalgamated	1,99,49,950.00	2	Maharashtra
SEQUENT SCIENTIFIC LIMITED	Amalgamated	4,35,00,000.00	2	Maharashtra
SKANRAY HEALTHCARE PRIVATE LIMITED	Amalgamated	7,07,28,380.00	2	Karnataka
AXXELENT PHARMA SCIENCE PRIVATE LIMITED	Active	1,27,73,81,840.00	2	Tamil Nadu
AXXINOVAR PHARMA PRIVATE LIMITED	Active	1,50,000.00	2	Tamil Nadu
FLORADELLA LLP	Active	0.00	2	-
SHASUN NBI NANOTECH INDIA PRIVATE LIMITED	Strike Off	1,00,000.00	2	Tamil Nadu
STRIDES CHEMICALS PRIVATE LIMITED	Amalgamated	79,70,04,350.00	1	Maharashtra
QUALITY CARE INDIA LIMITED	Active	3,80,92,05,520.00	2	Telangana
CAMPUS ACTIVEWEAR LIMITED	Active	1,52,65,24,845.00	2	Delhi
JAGSON PAL PHARMACEUTICALS LIMITED.	Active	13,22,85,555.00	2	Delhi
SKANRAY TECHNOLOGIES LIMITED	Active	36,10,96,160.00	6	Karnataka
SKANRAY HEALTHCARE GLOBAL PRIVATE LIMITED	Active	66,02,33,430.00	5	Karnataka
NAARI PHARMA PRIVATE LIMITED	Active	2,70,03,570.00	5	Karnataka
OLENE LIFE SCIENCES PRIVATE LIMITED	Active	1,85,651.00	3	Tamil Nadu
TENSHI HEALTHCARE PRIVATE LIMITED	Strike Off	10,000.00	2	Tamil Nadu
WHITE CROW RESEARCH PRIVATE LIMITED	Active	4,36,500.00	5	Maharashtra
COLVILL RESEARCH PRIVATE LIMITED	Active	2,03,770.00	8	Maharashtra
RIVERSILICA TECHNOLOGIES PRIVATE LIMITED	Active	12,87,834.00	16	Karnataka
TENSHI KSM PRIVATE LIMITED	Dissolved under section 59(8)	82,80,000.00	1	Karnataka
BROOKS STERISCIENCE LIMITED	Active	22,44,900.00	2	Gujarat
VELBIOM PROBIOTICS PRIVATE LIMITED	Active	3,64,27,470.00	4	Karnataka
TENSHI KAIZEN PRIVATE LIMITED	Active	18,09,32,500.30	4	Karnataka
STERIBROOKS PENEMS PRIVATE LIMITED	Active	1,79,630.00	2	Karnataka
BATLIBOI ENVIRONMENTAL ENGINEERING LIMITED	Active	18,70,00,000.00	2	Maharashtra
SUSTIME PHARMA LIMITED	Active	1,90,34,000.00	2	Maharashtra
INTERNATIONAL WINE AND FOOD SOCIETY	Active	0.00	2	Maharashtra
KONAATUS LIFE SCIENCES PRIVATE LIMITED	Active	2,00,000.00	2	Puducherry (Pondicherry)

Charges on assets

Others

No. of Loans: 17

Total Amount: 31,308,000,000.00 cr

YES BANK LIMITED

No. of Loans: 3

Total Amount: 2,400,000,000.00 cr

State Bank of India

No. of Loans: 2

Total Amount: 3,250,000,000.00 cr

HDFC BANK LIMITED

No. of Loans: 3

Total Amount: 4,050,000,000.00 cr

Axis Bank Limited

No. of Loans: 1

Total Amount: 92,900,000.00 cr

Charge Holder	Branch	Amount	Date of creation	Modification	Satisfaction	Status
Others	-	750,000,000	30 Jan, 2025	-	-	Open
YES BANK LIMITED	Santacruz East, Mumbai	650,000,000	28 Sep, 2022	-	-	Open
YES BANK LIMITED	Santacruz East, Mumbai	750,000,000	28 Sep, 2022	-	-	Open
Others	Harrington Road, Chetpet,	1,600,000,000	27 Mar, 2018	-	22 Jul, 2019	Closed
Others	Harrington Road, Chetpet,	200,000,000	10 May, 2018	-	20 Mar, 2019	Closed
Others		850,000,000	13 Jul, 2018	-	10 May, 2021	Closed
Others		3,930,000,000	21 Jun, 2018	-	27 Jan, 2020	Closed
YES BANK LIMITED	Dr. A.B. Road, Worli	1,000,000,000	05 Jul, 2018	-	01 Sep, 2021	Closed
Others	CONTONMENT	1,250,000,000	20 Dec, 2021	17 Feb, 2022	16 Aug, 2022	Closed
Others	WORLI	12,644,000,000	30 May, 2019	22 Mar, 2023	-	Open
Others	Bandra Kurla Complex, Bandra (E),	1,500,000,000	22 Nov, 2021	-	-	Open
Others		500,000,000	29 Nov, 2021	-	15 Sep, 2023	Closed
Others	Bandra Kurla Complex, Bandra (E)	1,000,000,000	01 Nov, 2019	-	22 Sep, 2021	Closed
State Bank of India	HARRINGTON ROAD,KRM PLAZA, GROUND FLOOR	1,700,000,000	12 Nov, 2019	13 Jul, 2020	15 Apr, 2021	Closed
HDFC BANK LIMITED	LOWER PAREL W	400,000,000	07 Nov, 2020	-	30 Jun, 2023	Closed
Others		84,000,000	21 Jun, 2018	09 Jan, 2019	09 Apr, 2019	Closed
Others	Old Padra Road	1,700,000,000	21 Jan, 2021	-	-	Open
Others		450,000,000	30 Jun, 2021	-	31 Jan, 2023	Closed
Others		300,000,000	28 Jun, 2021	-	31 Jan, 2023	Closed
Others	Harrington Road, Chetpet,	1,500,000,000	25 Jun, 2021	-	18 Feb, 2023	Closed
HDFC BANK LIMITED	LOWER PAREL W	700,000,000	22 Jul, 2021	-	30 Jun, 2023	Closed
State Bank of India	NO.2, HARRINGTON ROAD, KRM PLAZA, GROUND FLOOR	1,550,000,000	12 Nov, 2019	-	15 Apr, 2021	Closed
Others	Harrington Road, Chetpet,	1,000,000,000	25 Jun, 2019	-	18 Feb, 2020	Closed
Others	CONTONMENT	2,050,000,000	25 Mar, 2019	21 Oct, 2019	02 Jun, 2023	Closed
HDFC BANK LIMITED	LOWER PAREL W	2,950,000,000	07 Nov, 2020	22 Jul, 2021	30 Jun, 2023	Closed
Axis Bank Limited	Indian Express Building, Queens Road	92,900,000	03 Dec, 2018	-	02 Apr, 2019	Closed

Registered Details

CIN

L24230MH2017PLC291636

PAN

L24230MH2017PLC291636

Incorporation

1 years , 10 month

Company Email

investors@solara.co.in

Paid up Capital

₹ 402,538,313

Authorised Capital

₹ 1,200,000,000

Type

Public Non-government company

* There is the date provided by MCA, but availability for this year is not guaranteed.

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales

9.29%

₹ 140,987.4

EBITDA

29%

₹ 135,987.4

Net Profit

29%

₹ 135,987.4

Networth

29%

₹ 135,987.4

Borrowings

9.29%

₹ 140,987.4

Assets

9.29%

₹ 140,987.4

Gross Margin

9.29%

₹ 140,987.4

Operating Margin

29%

₹ 135,987.4

Net Profit Margin

29%

₹ 135,987.4

Return on Equity

29%

₹ 135,987.4

ROCE

9.29%

₹ 140,987.4

Debt to Equity

9.29%

₹ 140,987.4

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales
Operating profit
Net profit
Gross margin
Operating margin
Net margin
Networth
Borrowings
Assets
Debt to equity
Current ratio
ROE
Days payable
WC days

Balance Sheet

**** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
EQUITY AND LIABILITIES
(1) Shareholders‘ funds +
(a) Share capita
(b) Reserves and surplus
(c) Money received against share warrants
(2) Share application money pending allotment
(3) Non-current liabilities +
(a) Long-term borrowings
(b) Deferred tax liabilities (Net)
(c) Other Long-term liabilities
(d) Long-term provisions
(4) Current liabilities +
(a) Short-term borrowings
(b) Trade payables
(A) total outstanding dues of micro enterprises and small enterprises; and
(B) total outstanding dues of creditors other than micro enterprises and small enterprises.
(c) Other current liabilities
(d) Short-term provisions
Total
ASSETS
Non-current assets +
(a) [Property, Plant and Equipment]
(i) Tangible assets
(ii) Intangible assets
(iii)Capital work-in-progress
(iv) Intangible assets under development
(b) Non-current investments
(c) Deferred tax assets (net)
(d) Long-term loans and advances
(e) Other non-current assets
(2) Current assets +
(a) Current investments
(b) Inventories
(c) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) Other current assets
Total assets

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
EQUITY AND LIABILITIES
(1) Shareholders‘ funds +
(a) Share capita
(b) Reserves and surplus
(c) Money received against share warrants
(2) Share application money pending allotment
(3) Non-current liabilities +
(a) Long-term borrowings
(b) Deferred tax liabilities (Net)
(c) Other Long-term liabilities
(d) Long-term provisions
(4) Current liabilities +
(a) Short-term borrowings
(b) Trade payables
(A) total outstanding dues of micro enterprises and small enterprises; and
(B) total outstanding dues of creditors other than micro enterprises and small enterprises.
(c) Other current liabilities
(d) Short-term provisions
Total
ASSETS
Non-current assets +
(a) [Property, Plant and Equipment]
(i) Tangible assets
(ii) Intangible assets
(iii)Capital work-in-progress
(iv) Intangible assets under development
(b) Non-current investments
(c) Deferred tax assets (net)
(d) Long-term loans and advances
(e) Other non-current assets
(2) Current assets +
(a) Current investments
(b) Inventories
(c) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) Other current assets
Total assets

Profit & Loss

**** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
I.Revenue from operations
II. Other income
III.Total Revenue (I + II)
IV.Expenses +
(1)Cost of materials consumed
(2)Purchases of Stock-in-Trade
(3)Changes in inventories of finished goods work-in-progress and
(4)Stock-in-Trade
(5)Employee benefits expense
(6)Finance costs
(7)Depreciation and amortisation expense
(8)Other expenses
(9)Total expenses
VProfit before exceptional and extraordinary items and tax (III - IV)
VIExceptional items
VII.Profit before extraordinary items and tax (V - VI)
VIII.Extraordinary items
IX.Profit before tax (VII- VIII)
X. Tax expense: +
(1)Current tax
(2)Deferred tax
XI.Profit (Loss) for the period from continuing operations (VII-VIII)
XII.Profit/(loss) from discontinuing operations
XIII.Tax expense of discontinuing operations
XIV.Profit/(loss) from Discontinuing operations (after tax) (XII-XIII)
XV.Profit (Loss) for the period (XI + XIV)
XVI.Earnings per equity share: +
(1) Basic
(2)Diluted

Precentage of total incomex
Sales +
Sales growth %
Expenses +
Cost of services
Employee benefits expense
Other costs
Operating profit +
Operating margin %
Other income
Interest
Depreciation
Exceptional items
Profit before tax
Tax
Profit - disc. ops
Net profit
Net margin %

Ratio

** All numbers in INR crores


Solvency +
Total Debt/Equity
Net Debt/Equity
Total Debt/Assets
Total Assets/Equity
Liquidity +
Current Ratio
Quick Ratio
Interest Coverage
Performance
Gross Margin
Operating Margin
Net Margin
Return +
Return on Equity
Pre-tax ROCE
Return on Assets
Pre-tax ROIC
Efficiency +
Days Payable
Days Inventory
Days Receivable
Fixed Asset Turnover
Total Asset Turnover
Working Capital
Cash Conversion Cycle
Working Capital Days

Subsidiaries, Associate Companies & Join Ventures of Solara Active Pharma Sciences Limited

Company Identifier	Name	Percentage of Shares Held

Fund Raising Activity of Solara Active Pharma Sciences Limited

Date of Allotment	Securities Alloted	Terms	Number of Securities	Nominal Amount	Premium Amount Due & Payable	Premium Amount Paid	Total Discount	Amount to be Paid on Calls (Excluding Premium)	Attachments

Board Meetings of Solara Active Pharma Sciences Limited

Date of Filing	Date of Dispatch of Notice	Date of Passing Resolution	Section (Companies Act 2013)	Section (Companies Act 1956)	Subject Matter of Resolution	Resolution Agreed By	Resolution Type	Additional Documents

Auditors of Solara Active Pharma Sciences Limited

Financial Year	Name of Auditor or Firm	PAN of Auditor or Firm	Membership Number / Registration Number	Name of Auditor Signing Report	Membership Number of Auditor Signing Report

Outstanding Payments to Micro & Small Enterprises

Filing Type	As On	Amount Due to MSME	Current Liabilities	Ratio to Current Liabilities	Reasons for Delay

Investor Complaints & Serious Complaints About Solara Active Pharma Sciences Limited

Director Complain

Date	DIN	Cessation Date	Cessation Reason	Complaint

Serious Complaints

Date	Complaint	Other

Investor Complaints & Other Complaints

Date	Complaint Type	Complaint Sub Type	Particulars of Secutiries	Period	Complaint	Other Details

Prosecution Details of Solara Active Pharma Sciences Limited

S.No.	Defaulting Entities	Court Name	Prosecution Section	Date of Order	Status

FAQs- Solara Active Pharma Sciences Limited

What is SOLARA ACTIVE PHARMA SCIENCES LIMITED ?

SOLARA ACTIVE PHARMA SCIENCES LIMITED having CIN L24230MH2017PLC291636 is 1 years , 10 month old Public Indian Company incorporated with MCA on 08 Jul 2023. SOLARA ACTIVE PHARMA SCIENCES LIMITED is listed in the class of Public Indian Company and classified as Non-government company. This company is registered at Registrar of Companies(ROC), ROC Mumbai with an Authorized Share Capital of 1,200,000,000 and paid-up capital is 402,538,313.

What is the CIN of SOLARA ACTIVE PHARMA SCIENCES LIMITED?

CIN of SOLARA ACTIVE PHARMA SCIENCES LIMITED is L24230MH2017PLC291636.

Where is SOLARA ACTIVE PHARMA SCIENCES LIMITED located?

Address of SOLARA ACTIVE PHARMA SCIENCES LIMITED is Cyber one, unit no. 902, sector 30a,thane,maharashtra,india-400703,.

Who are the directors of SOLARA ACTIVE PHARMA SCIENCES LIMITED ?

The company has 38 directors/key management personnel Ramakrishnan Rajagopal,nirmal Bhogilal,kausalya Santhanam,ankur Thadani,bharath Sesha,aditya Puri,rajender Rao,kartheek Raju,vineeta Rai,arun Pillai,jitesh Devendra,subramanian Hariharan,suddapalli Muralikrishna,jitesh Devendra,subhash Anand,k Ravishankar,subramanian Hariharan,ankur Thadani,aditya Puri,poorvank Purohit,pooja Jaya Kumar,sandeep Rao,sarat Asuri,l24230mh2017plc291636 L24230mh2017plc291636,manish Gupta,ravishankar Keerthapati,arun Pillai,nirmal Bhogilal,arun Kumar Baskaran,mohan Muthunarayanan,rajendra Srivastava,rajiv Nabar,arun Pillai,rajender Rao,patri Venkat Rao,kausalya Santhanam,kartheek Raju,poorvank Purohit,

What is the contact details of SOLARA ACTIVE PHARMA SCIENCES LIMITED ?

Email : investors@solara.co.in
Address : TICEL BIO PARK 6th floor Module No 601 602 603 Chennai City Corporation Tamil Nadu India 600113

What does SOLARA ACTIVE PHARMA SCIENCES LIMITED do?

SOLARA ACTIVE PHARMA SCIENCES LIMITED is involved in activities such as Computer programming, consultancy and related activities

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