About Solaredge Technologies (India) Private Limited
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Solaredge Technologies (India) Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Solaredge Technologies Ltd, Israel. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 15 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017FTC100519. Its GSTIN is 29AAYCS1322E1Z5 (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bhavyan Vijay Dalal and Assaf Alperovitz.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.73 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Cr (net margin 7.3%) and EBITDA of ₹3.13 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 35% over five years.
The company has about 78 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SolarEdge.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solaredge.com.
Company details
Contact details
Solaredge Technologies (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is solaredge.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPrimeco Towers Unit 501 5th Flr Sy, No192 & 193 Arekere Gate Junction, Bangalore, Karnataka, India – 560076
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Solaredge Technologies (India) 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
Brands
Solaredge Technologies (India) operates one associated brand: SolarEdge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of smart solar inverters | solaredge.com |
Business activity
The main business activity of Solaredge Technologies (India) is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Solaredge Technologies (India) Private Limited, buy the company report.
Financials of Solaredge Technologies (India) Private Limited
FY 2024 filings availableSolaredge Technologies (India) Private Limited reported revenue of ₹24.73 Cr (up 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 46% growth in the latest year. EBITDA rose 121% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.13 Cr | ||||
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| Net Profit (PAT) | ₹1.81 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | 7.3% | ||||
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To see the full financial statements and ratios of Solaredge Technologies (India) Private Limited, buy the company report.
Board of directors of Solaredge Technologies (India) Private Limited
Solaredge Technologies (India) has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavyan Vijay Dalal Also directs: Bnbmarket Technologies LLP, Ppud Travel Technology LLP, Ewns Holidays Private Limited and 1 more | Director | 01 May 2024 | 2 Years 5 Months | Current |
| Assaf Alperovitz | Director | 21 May 2025 | 1 Years 5 Months | Current |
| Yehoshua Nir | Director | 21 May 2025 | 1 Years 5 Months | Current |
Auditor
Solaredge Technologies (India) Private Limited is audited by SRINIVASA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRINIVASA AND CO | FY 2023 | 013843S |
Shareholding
The shareholding of Solaredge Technologies (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Solaredge Technologies (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Solaredge Technologies (India) 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
Solaredge Technologies (India) Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Viridis Engineering India Private Limited | |||
| Arkance in Private Limited |
To see the full MSME payment records of Solaredge Technologies (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Solaredge Technologies (India) Private Limited has a workforce of 78 employees on its EPFO records as of Oct 09, 2024, across 1 active EPFO establishment.
GST
Solaredge Technologies (India) has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCS1322E1Z5 | Karnataka | Active | 01 Jul 2017 |
| 07AAYCS1322E1ZB | Delhi | Active | 01 Feb 2022 |
| 33AAYCS1322E1ZG | Tamil Nadu | Active | 08 Aug 2023 |
To see the full GST registrations and return filing status of Solaredge Technologies (India) Private Limited, buy the company report.
Recent activity
Solaredge Technologies (India) Private Limited has 16 board changes on record since 2017: 6 appointments and 10 cessations. The latest: Ariel Porat ceased to be Additional Director on 30 Jun 2025.
7 earlier events are in the company report.
News
Frequently asked questions
Solaredge Technologies (India) is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 15 February 2017 (9+ years old) and is registered under CIN U74999KA2017FTC100519.
Solaredge Technologies (India) has 3 current directors:
- Bhavyan Vijay Dalal - Director
- Assaf Alperovitz - Director
- Yehoshua Nir - Director
The latest financial statements of Solaredge Technologies (India) on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 30 June 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Solaredge Technologies (India) is 29AAYCS1322E1Z5, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AAYCS1322E1ZB (Delhi), 33AAYCS1322E1ZG (Tamil Nadu).
The CIN (Corporate Identification Number) of Solaredge Technologies (India) is U74999KA2017FTC100519. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solaredge Technologies (India) was incorporated on 15 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Ariel Porat ceased to be Additional Director on 30 Jun 2025. Assaf Alperovitz ceased to be Additional Director on 29 Jun 2025. Yehoshua Nir ceased to be Additional Director on 29 Jun 2025. Solaredge Technologies (India) has 16 board changes on record in total.
Solaredge Technologies (India) has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 03 Nov 2022.
Solaredge Technologies (India) can be reached through the website solaredge.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Solaredge Technologies (India) is at Primeco Towers Unit 501 5th Flr Sy, No192 & 193 Arekere Gate Junction, Bangalore, Karnataka, India – 560076.
Solaredge Technologies (India) operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.