About Aarish Solar Power Private Limited
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Aarish Solar Power Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Greenko Solar Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 02 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40109TS2015PTC200128. Its GSTIN is 37AANCA8795Q1ZD (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹60 Cr. It is led by directors Rama Gopal Thota and Kannankurich Ramalingam Sivakumar.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.18 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹6.98 Cr (net margin 12%) and EBITDA of ₹43.63 Cr (EBITDA margin 75%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Aarish Power and Greenko Group. As per MCA filings, the company has open charges of ₹240 Cr and satisfied charges of ₹1,424.5 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 2 cases are pending. The company has 7 deals on record (3 secondary share transfers, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹47.81 Cr; the latest was in February 2021. Its 7 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 4 smaller; the largest is Avaada Sataramh Private Limited with revenue of ₹59.1 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greenkogroup.com.
Company details
CIN history
Aarish Solar Power has one previous CIN (Corporate Identification Number): U40109TN2015PTC102834. The current CIN is U40109TS2015PTC200128, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109TS2015PTC200128 | Current |
| U40109TN2015PTC102834 | Previous |
Contact details
Aarish Solar Power Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressFourth Floor Block D Plot No. 13 Sy No.64 Part, Hitec City Layout Madhapur Village, Hyderabad, Telangana, India – 500081
- IndustryEnvironment, Solar Energy Solutions
- 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
Aarish Solar Power operates two associated brands: Aarish Power and Greenko Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers affordable solar power solutions, including planning, design, installation, and commissioning. | aarishpower.com | |
| Energy transition and decarbonization solutions are provided by Greenko Group. | greenkogroup.com |
Business activity
The main business activity of Aarish Solar Power is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Aarish Solar Power Private Limited, buy the company report.
Financials of Aarish Solar Power Private Limited
FY 2025 filings availableAarish Solar Power Private Limited reported revenue of ₹58.18 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹43.63 Cr | ||||
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| Net Profit (PAT) | ₹6.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 75% | ||||
| Net Profit Margin | 12% | ||||
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To see the full financial statements and ratios of Aarish Solar Power Private Limited, buy the company report.
Board of directors and KMP of Aarish Solar Power Private Limited
Aarish Solar Power Private Limited currently reports 2 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Gopal Thota Also directs: Proeco Energy Private Limited, Sei Enerstar Renewable Energy Private Limited, Shreyas Renewable Energy Private Limited and 5 more | Director | 31 Mar 2018 | 8 Years 6 Months | Current |
| Sarang Ashvin Patel | Company Secretary | 03 Jul 2017 | 9 Years 3 Months | Current |
| Kannankurich Ramalingam Sivakumar Also directs: Sei Enerstar Renewable Energy Private Limited, Shreyas Renewable Energy Private Limited, Aashman Energy Private Limited and 5 more | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
Peer comparison
Aarish Solar Power Private Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avaada Sataramh Private Limited | ₹59.1 Cr (FY 2025) | -1.0% | Noida, Uttar Pradesh, India | |||
| Sei Enerstar Renewable Energy Private Limited | ₹58.51 Cr (FY 2025) | -3.0% | Hyderabad, Telangana, India | |||
| Sei Mihir Energy Private Limited | ₹58.42 Cr (FY 2025) | -8.0% | Hyderabad, Telangana, India | |||
| Aarish Solar Power Private Limitedthis company | ₹58.18 Cr (FY 2025) | ₹6.98 Cr | 12% | -2.0% | Hyderabad, Telangana, India | |
| Solarcraft Tuticorin 2 Private Limited | ₹58.14 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Renew Nizamabad Power Private Limited | ₹58.1 Cr (FY 2025) | -13.0% | Gurugram, Haryana, India | |||
| JSW Aakash Power Private Limited | ₹57.92 Cr (FY 2025) | 5.0% | Hyderabad, Telangana, India | |||
| Ampin Energy Green Private Limited | ₹57.77 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Aarish Solar Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2022 | 100561017 | Idbi Trusteeship Services Limited | ₹240 Cr | Open | |
| 24 Feb 2023 | 100688702 | Idbi Trusteeship Services Limited | ₹800 Cr | Satisfied | |
| 14 Nov 2017 | 100141563 | Others | ₹300 Cr | Satisfied | |
| 12 Nov 2016 | 100060235 | Idbi Trusteeship Services Limited | ₹324.5 Cr | Satisfied |
To see the full charge records of Aarish Solar Power Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Aarish Solar Power Private Limited has 7 deals on record (3 secondary share transfers, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹47.81 Cr; the latest was in February 2021.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: Greenko Solar Energy Private Limited & Anil Kumar Chalamala Setty, Greenko Solar Energy Private Limited Seller: Greenko Power Projects (Mauritius) Limited |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: Greenko Solar Energy Private Limited Seller: Greenko Power Projects (Mauritius) Limited |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: Greenko Power Projects (Mauritius) Limited Seller: an individual |
| Oct 2016 | Funding round | ₹11.7 Cr | Investors: Greenko Solar Energy Private Limited |
| Feb 2016 | Rights issue | ₹12.18 Cr | Investors: an individual |
To see the full deal history of Aarish Solar Power Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aarish Solar Power Private Limited has 6 court cases on record: 6 filed by Aarish Solar Power. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 2 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against individuals | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against individuals | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Union of India Represented by Its Secretary and 3 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Union of India Represented by Its Secretary and 3 others | Disposed |
To see the full case history of Aarish Solar Power Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Aarish Solar Power Private Limited was last rated by Care on 27 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 27 Sep 2021 |
To see the full credit ratings and regulatory alerts of Aarish Solar Power Private Limited, buy the company report.
MSME payment delays
Aarish Solar Power Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Aarish Solar Power Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Aarish Solar Power has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AANCA8795Q1ZD | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aarish Solar Power Private Limited, buy the company report.
Recent activity
Aarish Solar Power Private Limited has 13 board changes on record since 2016: 3 appointments and 10 cessations. The latest: Kannankurich Ramalingam Sivakumar ceased to be Additional Director on 29 Sep 2023.
13 earlier events are in the company report.
News
Frequently asked questions
Aarish Solar Power is an active private limited company based in Hyderabad, Telangana, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 02 November 2015 (11+ years old) and is registered under CIN U40109TS2015PTC200128.
Aarish Solar Power has 3 current directors and KMP:
- Rama Gopal Thota - Director
- Kannankurich Ramalingam Sivakumar - Director
- Sarang Ashvin Patel - Company Secretary
The latest financial statements of Aarish Solar Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Aarish Solar Power is 37AANCA8795Q1ZD, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Aarish Solar Power is U40109TS2015PTC200128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aarish Solar Power has 6 court cases on record: 6 filed by the company. 2 are pending.
Aarish Solar Power was incorporated on 02 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Aarish Solar Power has 7 deals on record (3 secondary share transfers, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹47.81 Cr; the latest was in February 2021.
The peers of Aarish Solar Power by revenue are Avaada Sataramh Private Limited, Sei Enerstar Renewable Energy Private Limited, Sei Mihir Energy Private Limited, Solarcraft Tuticorin 2 Private Limited, Renew Nizamabad Power Private Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Kannankurich Ramalingam Sivakumar ceased to be Additional Director on 29 Sep 2023. Kannankurich Ramalingam Sivakumar was appointed as Director on 31 Mar 2023. Suman Kumar ceased to be Director on 24 Feb 2020. Aarish Solar Power has 13 board changes on record in total.
Aarish Solar Power has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 31 Oct 2019.
Aarish Solar Power can be reached through the website greenkogroup.com. Its registered office is in Hyderabad, Telangana, India.