About Ethical Energy Solutions Private Limited
Data last updated:
Ethical Energy Solutions Private Limited was a private limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Ethical Energy Petrochem Strategies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the special-purpose machinery segment of the industrial manufacturing sector. It was incorporated on 13 August 2010.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29219GJ2010PTC061987. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Hitesh Maheshkumar Desai and Dhiren Maheshkumar Desai.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 312 Sakar – V Behind Natraj Cinema Ashram Road, Ahmedabad, Gujarat, India – 380009.
The last known website on record is ethicalgroup.in.
Company details
Contact details
Ethical Energy Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ethicalgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address312 Sakar – V Behind Natraj Cinema Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryIndustrial Manufacturing, Special Purpose Machinery, Manufacturing
To see the full contact details of Ethical Energy Solutions 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
Financials of Ethical Energy Solutions Private Limited
FY 2017 filings availableEthical Energy Solutions Private Limited reported revenue of ₹1,980 (down 100% YoY) for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Revenue | ₹1,980 | ||
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Financial Ratios
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To see the full financial statements and ratios of Ethical Energy Solutions Private Limited, buy the company report.
Board of directors of Ethical Energy Solutions Private Limited
Ethical Energy Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Maheshkumar Desai Also directs: Ethical Energy Petrochem Strategies Private Limited | Director | 13 Aug 2010 | 16 Years 2 Months | As last reported |
| Dhiren Maheshkumar Desai Also directs: Ethical Energy Petrochem Strategies Private Limited | Director | 13 Aug 2010 | 16 Years 2 Months | As last reported |
Peer comparison
Ethical Energy Solutions Private Limited is compared with the 10 companies closest to it by revenue in the Cleantech industry (Energy Solutions), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dynamic Power Solution Private Limited | ₹3,276 (FY 2025) | 19.0% | Delhi, India | |||
| Nokooda Solution Systems Private Limited | ₹3,220 (FY 2025) | 9371.0% | New Delhi, Delhi, India | |||
| Solaris Energy Solutions Private Limited | ₹3,127 (FY 2024) | Hyderabad, Telangana, India | ||||
| SS Clean Energy Solutions Private Limited | ₹2,698 (FY 2025) | -100.0% | Ahmedabad, Gujarat, India | |||
| Sustaindia Technocrats Private Limited | ₹2,498 (FY 2024) | 4.0% | Kolkata, West Bengal, India | |||
| Ethical Energy Solutions Private Limitedthis company | ₹1,980 (FY 2017) | -100.0% | Ahmedabad, Gujarat, India | |||
| Shrimitha Energy Solutions Private Limited | ₹1,500 (FY 2025) | Kelambakkam, Tamil Nadu, India | ||||
| Greenage Energy Solutions Private Limited | ₹1,500 (FY 2025) | -100.0% | Bareilly, Uttar Pradesh, India | |||
| River Energies Private Limited | ₹1,213 (FY 2025) | New Delhi, Delhi, India | ||||
| Bareilly Energy Solutions Private Limited | ₹1,177 (FY 2024) | -100.0% | Bareilly, Uttar Pradesh, India | |||
| Exchange4solar Private Limited | ₹1,150 (FY 2025) | -100.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ethical Energy Solutions Private Limited, buy the company report.
Auditor
Ethical Energy Solutions Private Limited is audited by PANKAJ R. SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANKAJ R. SHAH & ASSOCIATES | FY 2017 | 107361W |
Shareholding
The shareholding of Ethical Energy Solutions 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 Ethical Energy Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ethical Energy Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ethical Energy Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ethical Energy Solutions 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 Ethical Energy Solutions Private Limited, buy the company report.
Recent activity
Ethical Energy Solutions Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Dhiren Maheshkumar Desai was appointed as Director on 13 Aug 2010.
Frequently asked questions
Ethical Energy Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ethical Energy Solutions was a private limited company based in Ahmedabad, Gujarat, India. The company worked in special purpose machinery, within the industrial manufacturing industry. It was incorporated on 13 August 2010 and is registered under CIN U29219GJ2010PTC061987. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ethical Energy Solutions was incorporated on 13 August 2010. It is registered with the Registrar of Companies, Ahmedabad.
Ethical Energy Solutions had 2 directors:
- Hitesh Maheshkumar Desai - Director
- Dhiren Maheshkumar Desai - Director
The CIN (Corporate Identification Number) of Ethical Energy Solutions is U29219GJ2010PTC061987. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ethical Energy Solutions is at 312 Sakar – V Behind Natraj Cinema Ashram Road, Ahmedabad, Gujarat, India – 380009.
Ethical Energy Solutions can be reached through the website ethicalgroup.in. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Ethical Energy Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Ethical Energy Solutions has 1 GST registration on record and it is cancelled or inactive.
Ethical Energy Solutions operated in the industrial manufacturing industry, in the special purpose machinery segment.
The peers of Ethical Energy Solutions by revenue are Dynamic Power Solution Private Limited, Nokooda Solution Systems Private Limited, Solaris Energy Solutions Private Limited, SS Clean Energy Solutions Private Limited, Sustaindia Technocrats Private Limited and 5 more, all in the Cleantech industry (Energy Solutions).
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