
Aarohi Solar Private Limited
About Aarohi Solar Private Limited
Data last updated:
Aarohi Solar Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Acme Solar Holdings Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 12 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32109HR2008PTC038030. Its GSTIN is 37AAKCA3002F1Z5 (Andhra Pradesh).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.02 Cr. It was formerly known as Gs Water Treatment Technologies Private Limited and Acme Energy Management Solutions Private Limited. It is led by directors Tushar Goyal and Ashutosh Singh.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 152 Sector – 44, Gurgaon, Haryana, India – 122002.
As per the financials filed for FY 2023, the company reported a revenue of ₹61.51 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹9.73 Cr (net margin -15.8%) and EBITDA of ₹57.3 Cr (EBITDA margin 93.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
As per MCA filings, the company has open charges of ₹325.63 Cr and satisfied charges of ₹3,639.72 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 3 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹54.4 Cr; the latest was in March 2017. The company has 4 MSME Form 1 returns on record between 2021 and 2022, listing 8 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Aarohi Solar has undergone 3 name changes throughout its history. The company was previously known as Gs Water Treatment Technologies Private Limited, Acme Energy Management Solutions Private Limited, and Acme Cold Chain Infrastructure Private Limited. The current legal name is Aarohi Solar Private Limited.
| Company Name | Status |
|---|---|
| Aarohi Solar Private Limited | Current |
| Gs Water Treatment Technologies Private Limited | Previous |
| Acme Energy Management Solutions Private Limited | Previous |
| Acme Cold Chain Infrastructure Private Limited | Previous |
Contact details
Aarohi Solar Private Limited's registered office is in Gurgaon, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 152 Sector – 44, Gurgaon, Haryana, India – 122002
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Aarohi Solar 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 Aarohi Solar Private Limited
FY 2025 filings availableAarohi Solar Private Limited reported revenue of ₹61.51 Cr (up 5% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over three years, including 5% growth in the latest year. EBITDA rose 4% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹61.51 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹57.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.73 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 93.1% | ||||
| Net Profit Margin | -15.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Aarohi Solar Private Limited, buy the company report.
Board of directors of Aarohi Solar Private Limited
Aarohi Solar has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Goyal Also directs: Acme Taurus Urja Private Limited, Acme Marigold Urja Private Limited, Dayanidhi Realty Private Limited and 5 more | Director | 03 Aug 2024 | 2 Years 2 Months | Current |
| Ashutosh Singh Also directs: Acme Renewtech Second Private Limited, Acme Renewtech First Private Limited, Acme Renewtech Fourth Private Limited and 5 more | Director | 15 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Aarohi Solar Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Aarohi Solar 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aarohi Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2025 | 101122024 | Others | ₹325.63 Cr | Open | |
| 23 Apr 2024 | 100908626 | Others | ₹1,200 Cr | Satisfied | |
| 13 Jul 2023 | 100745519 | Others | ₹350 Cr | Satisfied | |
| 18 May 2023 | 100719114 | Others | ₹402 Cr | Satisfied | |
| 24 Jan 2019 | 100233887 | Others | ₹12 Cr | Satisfied |
To see the full charge records of Aarohi Solar Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Aarohi Solar Private Limited has 6 deals on record (3 secondary share transfers, 2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹54.4 Cr; the latest was in March 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Acquisition | Undisclosed | Buyer: Acme Solar Holdings Limited Seller: Acme Cleantech Solutions Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Acme Cleantech Solutions Private Limited, Acme Solar Holdings Limited Seller: Acme Cleantech Solutions Private Limited, Acme Solar Holdings Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Acme Solar Holdings Limited Seller: Acme Solar Energy Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Acme Cleantech Solutions Private Limited Seller: 2 individuals |
| Dec 2014 | Acquisition | ₹56.8 Cr | Buyer: Acme Cleantech Solutions Private Limited |
To see the full deal history of Aarohi Solar 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
Aarohi Solar Private Limited has 9 court cases on record: 6 filed by Aarohi Solar, 3 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 3 |
| Supreme Court | 3 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Southern Power Distribution Company of Andhra Pradesh Ltd and 6 others | Pending |
| Supreme Court | Court case (1815-Ordinary Civil Matters : Matters relating to Electricity Dispute(connection/disconnection etc)) | Filed against the company by M/S. Tata Power Renewable Energy Limited Represented by Its Authorized Representative Abhay Kumar, S/O. Shri S.N. Shrivastava B-1/04, Silvercity Apartment, Sec-93A , District: Noida ,Noida , Uttar Pradesh | Disposed |
| Supreme Court | Court case (1815-Ordinary Civil Matters : Matters relating to Electricity Dispute(connection/disconnection etc)) | Filed against the company by M/S. Walwhan Renewable Energy Limited Represented by Its Authorized Representative Mr. Ashwinikumar Ganpatrao Patil (Formerly M/S. Welspun Renewable Energy Pvt. Ltd.),Type Iv/5, Tata Housing Colony, Aziz Baug, Chembur, Mumbai ,Mumbai , Maharashtra | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Ap and 2 others | Pending |
| High Court, ANDHRAPRADESH | Appeal | Filed against the company by Union of India | Pending |
To see the full case history of Aarohi Solar 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
Aarohi Solar Private Limited was last rated by Indiarating on 18 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 18 Aug 2021 |
To see the full credit ratings and regulatory alerts of Aarohi Solar Private Limited, buy the company report.
MSME payment delays
Aarohi Solar Private Limited has 4 MSME Form 1 returns on record between 2021 and 2022, listing 8 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 |
|---|---|---|---|
| Eki Energy Services Limited | |||
| Ganga Calibration Services Private Limited |
To see the full MSME payment records of Aarohi Solar Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Aarohi Solar Private Limited has 1 active EPFO establishment as of Mar 23, 2024.
GST
Aarohi Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAKCA3002F1Z5 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aarohi Solar Private Limited, buy the company report.
Recent activity
Aarohi Solar Private Limited has 16 board changes on record since 2010: 2 appointments and 14 cessations. The latest: Ashutosh Singh ceased to be Additional Director on 02 Sep 2025.
30 earlier events are in the company report.
Frequently asked questions
Aarohi Solar is an active private limited company based in Gurgaon, Haryana, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 12 June 2008 (18+ years old) and is registered under CIN U32109HR2008PTC038030.
Aarohi Solar has 2 current directors:
- Tushar Goyal - Director
- Ashutosh Singh - Director
The latest financial statements of Aarohi Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aarohi Solar is 37AAKCA3002F1Z5, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Aarohi Solar is U32109HR2008PTC038030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aarohi Solar has 9 court cases on record: 6 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Aarohi Solar was incorporated on 12 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Aarohi Solar has 6 deals on record (3 secondary share transfers, 2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹54.4 Cr; the latest was in March 2017.
Ashutosh Singh ceased to be Additional Director on 02 Sep 2025. Ashutosh Singh was appointed as Director on 15 Apr 2025. Tushar Goyal ceased to be Additional Director on 12 Sep 2024. Aarohi Solar has 16 board changes on record in total.
Aarohi Solar has 4 MSME Form 1 returns on record between 2021 and 2022, listing 8 overdue payments to 2 micro and small suppliers. The latest return was filed on 25 Sep 2023.
The registered office of Aarohi Solar is at Plot No. 152 Sector – 44, Gurgaon, Haryana, India – 122002.

