Positive Solar Energy Private Limited
About Positive Solar Energy Private Limited
Data last updated:
Positive Solar Energy Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 24 April 2019.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2019PTC324480. Its GSTIN is 27AAKCP5158K1ZV (Maharashtra).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Gulaam Gouse and Anil Srivastava.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at B – 64 Orchid Tower Yamuna Nagar Off Link Road Andheri (W), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2022, the company reported a revenue of ₹37.66 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹27,085 (net margin -0.7%) and EBITDA of -₹16,466 (EBITDA margin -0.4%).
Company details
Contact details
Positive Solar Energy Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 64 Orchid Tower Yamuna Nagar Off Link Road Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Positive Solar Energy 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 activity of Positive Solar Energy is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Positive Solar Energy Private Limited, buy the company report.
Financials of Positive Solar Energy Private Limited
FY 2023 filings availablePositive Solar Energy Private Limited reported revenue of ₹37.66 Lakh (down 62% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 62% in the latest year. EBITDA fell 128% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹37.66 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹16,466 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹27,085 | ||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.4% | ||
| Net Profit Margin | -0.7% | ||
| 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 | |||
To see the full financial statements and ratios of Positive Solar Energy Private Limited, buy the company report.
Board of directors of Positive Solar Energy Private Limited
Positive Solar Energy 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 |
|---|---|---|---|---|
| Gulaam Gouse | Director | 24 Apr 2019 | 7 Years 6 Months | As last reported |
| Anil Srivastava Also directs: Audio Excellence ( India ) Private Limited | Director | 24 Apr 2019 | 7 Years 6 Months | As last reported |
Peer comparison
Positive Solar Energy Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eloile Export Private Limited | ₹37.67 Lakh (FY 2025) | 24.0% | Panvel, Maharashtra, India | |||
| Glosmart India Private Limited | ₹37.67 Lakh (FY 2025) | 1761.0% | Delhi, India | |||
| Shri Ji Comtrade Private Limited | ₹37.67 Lakh (FY 2025) | -23.0% | Kanpur, Uttar Pradesh, India | |||
| Genetika Healthcare India Private Limited | ₹37.67 Lakh (FY 2025) | 2.0% | Haldwani, Uttar Pradesh, India | |||
| Rathi Mines and Minerals Private Limited | ₹37.67 Lakh (FY 2018) | -58.0% | Hyderabad, Telangana, India | |||
| Positive Solar Energy Private Limitedthis company | ₹37.66 Lakh (FY 2022) | -₹27,085 | -0.7% | -62.0% | Mumbai, Maharashtra, India | |
| Inexpo India Private Limited | ₹37.65 Lakh (FY 2020) | -28.0% | Bathinda, Punjab, India | |||
| Panchshree Barter Private Limited | ₹37.65 Lakh (FY 2016) | -91.0% | Kolkata, West Bengal, India | |||
| Flux Solar Energy Solutions Private Limited | ₹37.65 Lakh (FY 2021) | -32.0% | Surat, Gujarat, India | |||
| MZK Infotech India Private Limited | ₹37.65 Lakh (FY 2025) | 778.0% | Delhi, India | |||
| Ichhawar Krishi Producer Company Limited | ₹37.64 Lakh (FY 2025) | 479.0% | Ichhawar, Madhya Pradesh, India |
To see the full peer comparison of Positive Solar Energy Private Limited, buy the company report.
Auditor
Positive Solar Energy Private Limited is audited by DINESHCHANDRABABOOLALTIBAREWALA for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESHCHANDRABABOOLALTIBAREWALA | FY 2021 | 036079 |
Shareholding
The shareholding of Positive Solar Energy Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Positive Solar Energy Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Positive Solar Energy 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 Positive Solar Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Positive Solar Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP5158K1ZV | Maharashtra | Active | 14 Jun 2019 |
To see the full GST registrations and return filing status of Positive Solar Energy Private Limited, buy the company report.
Recent activity
Positive Solar Energy Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Sunil Tandon ceased to be Director on 01 Aug 2023.
Frequently asked questions
Positive Solar Energy has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Positive Solar Energy was a private limited company based in Mumbai, Maharashtra, India. The company worked in wholesale, within the trading industry. It was incorporated on 24 April 2019 and is registered under CIN U74990MH2019PTC324480. The company has been struck off by the Registrar of Companies and is no longer operational.
Positive Solar Energy had 2 directors:
- Gulaam Gouse - Director
- Anil Srivastava - Director
The CIN (Corporate Identification Number) of Positive Solar Energy is U74990MH2019PTC324480. 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 Positive Solar Energy is at B – 64 Orchid Tower Yamuna Nagar Off Link Road Andheri W, Mumbai, Maharashtra, India – 400053.
Positive Solar Energy was incorporated on 24 April 2019. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Positive Solar Energy on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Positive Solar Energy is 27AAKCP5158K1ZV, registered in Maharashtra.
Positive Solar Energy operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
The peers of Positive Solar Energy by revenue are Eloile Export Private Limited, Glosmart India Private Limited, Shri Ji Comtrade Private Limited, Genetika Healthcare India Private Limited, Rathi Mines and Minerals Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Sunil Tandon ceased to be Director on 01 Aug 2023. Anil Srivastava was appointed as Director on 24 Apr 2019. Gulaam Gouse was appointed as Director on 24 Apr 2019.
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