Solana Biofuels Limited - Company overview

Sol is a listed public limited company, first registered with ROC Hyderabad on 9 November 1998.

1998-11-09 Hyderabad, Telangana Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
▲ 118.2%
FY 2025
PROFIT / LOSS
Loss · ₹1–5 Cr
▲ 84.7%
FY 2025
EBITDA
₹1–5 Cr
▲ 81.4%
FY 2025
NET WORTH
₹25–50 Cr
▼ -3.0%
FY 2025
TOTAL ASSETS
₹100–500 Cr
▲ 32.6%
FY 2025
EMPLOYEE COUNT
151–160
OPEN CHARGES
2
-
PAID-UP CAPITAL
45.00 cr
AUTHORISED CAPITAL
75.00 cr
COMPANY AGE
28 Years 0 Months
since 1998-11-09
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
4
Updated: 2023-11-16 17:48:47
TOTAL MONEY RAISED
₹10–25 Cr
SATISFIED CHARGES
16
362.39 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Sol covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
60/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (58), financial health (50), director (50) and company-foundation signals.
  • Operating for 28+ years.
Compliance Score Moderate
58/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Moderate
50/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2025.
  • Positive net worth.
Director Risk Score Moderate
50/100
Board strength, DIN status and churn.
  • 12 directors on the board.
  • Director UPADYAYULA UMA VIGHNESWARA RAVIKANTH has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Sol Company identity, industry, contact, and registration details from MCA and company records.

Sol is a listed public limited company, first registered with ROC Hyderabad on 9 November 1998. The registered office is in Hyderabad, Telangana.

In its MCA filings the main business is listed as data processing, hosting and related activities; web portal, which made up 1.71% of turnover.

It has 12 directors: Palakunnath Thekkadancheri Suresh, Devaiah Pagidipati, Brijmohan Venkata Mandala and 9 others. The longest-serving is Devaiah Pagidipati, on the board since 2020; the most recent to join is Shravya Kondapalli, appointed in November 2025. Devaiah Pagidipati is the managing director. The board changed around January 2020, when Rohini Thondapu Reddy, Nanubala Satish Kumar, Gunta Viswanath and Radhakrishna Kethu and others stepped down and new directors joined. Between them, the directors also sit on the boards of 25 other companies, including Anion Healthcare Services LLP and E Vaidya Private Limited.

₹45 crore of its ₹75 crore authorised capital is paid up (about 60%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 30 September 2025. Two charges (secured loans) are still open, with Hdfc Bank Limited among the lenders, and 16 more have been paid off. Its shares trade on BSE (532669).

Telecom ••••••••
  • Location Flat # A3, 3Rd Floor, Office Block, Samrat Complex, Opposite To Ag'S Office,, Hyderabad, Telangana - 500004
  • Website sol.net.in
Legal NameSolana Biofuels Limited
CIN / LLPINL72900TG1998PLC030463
Company No.030463
Stock Symbol BSE: 532669
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1998-11-09
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Hyderabad
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Sol (12) Current board members from MCA filings, including designation and appointment details.

P
Director | Since 2024-09-03 | DIN: 02665200
D
Managing Director | Since 2020-01-27 | DIN: 05147621
B
Director | Since 2020-01-27 | DIN: 00295323
S
Director | Since 2024-05-30 | DIN: 01825442
U
Upadyayula Uma Vighneswara Ravikanth
CFO | Since 2020-11-13
B
Company Secretary | Since 2024-04-10 | DIN: 09817723

Financial Performance of Sol Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹100–500 Cr ▲ 118.2%
P&L Loss · ₹1–5 Cr ▲ 84.7%
EBITDA ₹1–5 Cr ▲ 81.4%
Net worth ₹25–50 Cr ▼ -3.0%

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Charges of Sol Open and satisfied charges registered against the company with MCA.

Hdfc Bank Limited : 77.88 cr
Bank Of India : 3.00 cr
Icici Bank Ltd : 11.00 Lakh
Others : 9.35 Lakh
Punjab National Bank : 8.90 Lakh
Open Charges: 2 Satisfied Charges: 16
Open -
Satisfied 362.39 cr
LenderAmountStatus
Hdfc Bank Limited
Creation Date: 29 Jun 2022
77.88 cr Open
Others
Creation Date: 31 Aug 2016
9.35 Lakh Open
Bank Of India
Creation Date: 03 Mar 2015
3.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationData processing, hosting and related activities; web portal1.71
ManufacturingChemical and chemical products, pharmaceuticals, medicinal chemical and botanical products98.29

Companies With Common Directors Of Sol Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Sol Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

11 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Sol Ownership and contribution detail from filings. Full breakdown unlocks with your report.

10 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Sol EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Sol GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Sol Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

2 regulatory flags on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Sol MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Sol Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Sol Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Sol?
MCA does not publish an "owner" field. Sol is run by its directors, Palakunnath Thekkadancheri Suresh, Devaiah Pagidipati, Brijmohan Venkata Mandala and nine others, with Devaiah Pagidipati as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Sol?
Sol has 12 current directors: Palakunnath Thekkadancheri Suresh (since September 2024), Devaiah Pagidipati (since January 2020), Brijmohan Venkata Mandala (since January 2020), Sarat Yenigalla (since May 2024), Upadyayula Uma Vighneswara Ravikanth (since November 2020) and Babu Rayavarapu Naresh (since April 2024), plus 6 more. Devaiah Pagidipati is the managing director.
What is CIN of Sol?
The CIN of Sol is L72900TG1998PLC030463. Reading it left to right: L means it is listed, 72900 is the industry code it registered under, TG is Telangana, 1998 is the year it was registered, PLC is the company type and 030463 is its registration number.
When was Sol incorporated?
Sol was incorporated on 9 November 1998 with ROC Hyderabad. That makes it more than 28 years old.
What is the registered address of Sol?
The registered office on MCA records is Flat # A3, 3Rd Floor, Office Block, Samrat Complex, Opposite To Ag'S Office, Hyderabad, Telangana - 500004.
What is the current status of Sol?
MCA shows Sol as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Sol?
You can post to its registered office at Flat # A3, 3Rd Floor, Office Block, Samrat Complex, Opposite To Ag'S Office, Hyderabad, Telangana - 500004 and use its website, https://sol.net.in.
What industry or business activity is Sol associated with?
Its MCA filings list the main business as data processing, hosting and related activities; web portal (1.71% of turnover).
What is paid-up capital and authorised share capital of Sol?
Paid-up capital is ₹45 crore and authorised capital is ₹75 crore, so about 60% of the authorised amount has been issued.
When did Sol last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Sol?
Two charges against Sol are still open and 16 have been satisfied. Lenders named in the filings include Hdfc Bank Limited, Bank Of India and Punjab National Bank.
Have any directors left Sol?
Yes, 30 former directors are on record. The most recent to leave were Ramyanka Yadav Keverala (April 2022), Kolli Srikanth Reddy (September 2021) and Yalamanchili Rao Madana Mohana (December 2020).
Which companies share directors with Sol?
25 companies share directors with Sol. Among them are Anion Healthcare Services LLP, E Vaidya Private Limited, Freedom Ehealth Management Private Limited and 22 more.
What is the turnover or revenue of Sol?
Based on filed financial statements, the revenue of Sol for FY 2025 was in the ₹100–500 Cr range. That is up 118.2% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Sol?
For FY 2025, the net worth of Sol was in the ₹25–50 Cr range.
How can I get the financial details of Sol?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Sol?
The website on record for Sol is https://sol.net.in.
Which company owns sol.net.in?
sol.net.in is the website listed for Solana Biofuels Limited in its company records.
Is Sol registered with any stock exchange in India?
It is listed on BSE with scrip code 532669.
Sol - is it listed or unlisted?
Sol is a listed company, and its CIN starts with L.
What is the ROC code of Sol?
Sol is registered with ROC Hyderabad.
What is the company classification of Sol?
MCA classifies Sol as: Public Limited Indian Non-Government Company.
Does Sol have GST registrations on file?
Yes, 4 active GST registrations are linked to Sol, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.