About Amplus Energy Solutions Private Limited
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Amplus Energy Solutions Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Amplus Energy Solutions Pte. Ltd., Singapore. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 27 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40104DL2013PTC292262. Its GSTIN is 03AALCA7543E1ZV (Punjab). The company holds 18 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹8.86 Cr. It was formerly known as Avant Garde Power Solutions Private Limited. It is led by directors Sharad Pungalia (Managing Director) and Afifah Binti Abu Bakar.
Its last annual general meeting (AGM) was held on 27 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at A – 57 Dda Sheds Okhla Industrial Phase – II, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2023, the company reported a revenue of ₹25.54 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹10.88 Cr (net margin -42.6%) and EBITDA of ₹11.94 Cr (EBITDA margin 46.8%). Revenue has declined at a compounded annual rate (CAGR) of 16% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 14 subsidiaries.
The company is associated with 1 brand: Amplus Solar. As per MCA filings, the company has open charges of ₹405.72 Cr and satisfied charges of ₹844.5 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 24 deals on record (11 funding rounds, 8 secondary share transfers, 3 debt financings), with disclosed funding of ₹202.58 Cr; the latest was in April 2024. Its 7 peer companies in the Cleantech industry (Energy Solutions, 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 Acme Raipur Solar Power Private Limited with revenue of ₹38.91 Cr. The company has 42 MSME Form 1 returns on record between 2018 and 2024, listing 196 overdue payments to 36 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amplussolar.com.
Company details
CIN history
Amplus Energy Solutions has one previous CIN (Corporate Identification Number): U40104RJ2013PTC043069. The current CIN is U40104DL2013PTC292262, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40104DL2013PTC292262 | Current |
| U40104RJ2013PTC043069 | Previous |
Contact details
Amplus Energy Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is amplussolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 57 Dda Sheds Okhla Industrial Phase – II, New Delhi, Delhi, India – 110020
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Amplus 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
Brands
Amplus Energy Solutions operates one associated brand: Amplus Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar installation services and renewable energy solutions are provided. | amplussolar.com |
Business activity
The main business activities of Amplus Energy Solutions are electricity, gas, steam and air condition supply and trade. In detail, this covers electric power generation, transmission and distribution and retail trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Amplus Energy Solutions Private Limited, buy the company report.
Financials of Amplus Energy Solutions Private Limited
FY 2024 filings availableAmplus Energy Solutions Private Limited reported revenue of ₹25.54 Cr (down 9% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 9% fall 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 | ₹25.54 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.88 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 | 46.8% | ||||
| Net Profit Margin | -42.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Amplus Energy Solutions Private Limited, buy the company report.
Board of directors of Amplus Energy Solutions Private Limited
Amplus Energy Solutions has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Pungalia Also directs: Edustem Partners LLP, Amplus Theta Energy Private Limited, Solbridge Energy Private Limited and 5 more | Managing Director | 28 Sep 2022 | 4 Years 0 Months | Current |
| Afifah Binti Abu Bakar | Director | 24 Mar 2025 | 1 Years 6 Months | Current |
Peer comparison
Amplus Energy Solutions Private Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (Energy Solutions, 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 |
|---|---|---|---|---|---|---|
| Acme Raipur Solar Power Private Limited | ₹38.91 Cr (FY 2025) | 2.0% | Gurgaon, Haryana, India | |||
| Azure Power Infrastructure Private Limited | ₹38.8 Cr (FY 2025) | -42.0% | New Delhi, Delhi, India | |||
| Avaada Mhkhamgaon Private Limited | ₹38.6 Cr (FY 2025) | 5.0% | Noida, Uttar Pradesh, India | |||
| First Energy 3 Private Limited | ₹38.51 Cr (FY 2025) | 29.0% | Pune, Maharashtra, India | |||
| Gale Solarfarms Limited | ₹38.34 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Sand Land Real Estates Private Limited | ₹38.12 Cr (FY 2024) | 0.0% | Ahmedabad, Gujarat, India | |||
| Solarcraft Koppal Private Limited | ₹37.9 Cr (FY 2025) | -6.0% | Gurgaon, Haryana, India | |||
| Amplus Energy Solutions Private Limitedthis company | ₹25.54 Cr (FY 2023) | -₹10.88 Cr | -42.6% | -9.0% | 1 | New Delhi, Delhi, India |
To see the full peer comparison of Amplus Energy Solutions Private Limited, buy the company report.
Auditor
Amplus Energy Solutions Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Amplus Energy Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Amplus Energy Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2024 | 101007460 | Others | ₹32.37 Cr | Open | |
| 06 Nov 2024 | 101007461 | Others | ₹15.33 Cr | Open | |
| 28 Jun 2024 | 100950817 | Others | ₹21.81 Cr | Open | |
| 11 Feb 2021 | 100416423 | Others | ₹11.97 Cr | Open | |
| 11 Feb 2021 | 100416438 | Others | ₹15.97 Cr | Open |
To see the full charge records of Amplus Energy Solutions Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Amplus Energy Solutions Private Limited has 24 deals on record (11 funding rounds, 8 secondary share transfers, 3 debt financings), with disclosed funding of ₹202.58 Cr; the latest was in April 2024.
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: Amplus Energy Solutions Pte Limited, Amplus Energy Solutions Pte Limited & Rizan Bin Ismail Seller: Amplus Infrastructure Developers Private Limited , Creative Endeavors Private Limited |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Amplus Energy Solutions Pte Limited Seller: Brightbridge Advisors Private Limited |
| Jun 2015 | Funding round | ₹132.15 Cr | Investors: Amplus Energy Solutions Pte Limited, Brightbridge Advisors Private Limited |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: Creative Endeavors Private Limited Seller: an individual |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: Amplus Infrastructure Developers Private Limited Seller: 2 individuals |
To see the full deal history of Amplus Energy Solutions 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
Amplus Energy Solutions Private Limited has 2 court cases on record: 1 filed by Amplus Energy Solutions, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by individuals | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Circle 1(1) Delhi | Disposed |
To see the full case history of Amplus Energy Solutions 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
Amplus Energy Solutions Private Limited was last rated by Icra on 28 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 Feb 2022 |
To see the full credit ratings and regulatory alerts of Amplus Energy Solutions Private Limited, buy the company report.
MSME payment delays
Amplus Energy Solutions Private Limited has 42 MSME Form 1 returns on record between 2018 and 2024, listing 196 overdue payments to 36 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 (5 of 36)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Skyfri Energy Private Limited | |||
| Aparajitha Corporate Services Private Limited | |||
| B S R & Co. LLP | |||
| Nimesh Energy Solutions Private Limited | |||
| Design Radiance Private Limited |
To see the full MSME payment records of Amplus Energy Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Amplus Energy Solutions has 14 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Wednesday Solar Private Limited | U40100DL2018PTC341158 | |
| Amplus Athena Energy Private Limited | U40100HR2022PTC100405 | |
| Ananth Solar Power Maharashtra Private Limited | U40102DL2010PTC323841 | |
| Amplus Vidyut Power Private Limited | U40105HR2022PTC100649 | |
| Amplus Superior Solar Private Limited | U40106DL2010PTC323842 | |
| Fourvolt Solar Private Limited | U40106DL2018PTC341911 |
To see the full group structure of Amplus Energy Solutions Private Limited, buy the company report.
Employees & EPFO
Amplus Energy Solutions Private Limited has a workforce of 1 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Amplus Energy Solutions has 18 GST registrations: 13 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AALCA7543E1ZV | Punjab | Active | 01 Jul 2017 |
| 05AALCA7543E1ZR | Uttarakhand | Active | 01 Jul 2017 |
| 06AALCA7543E1ZP | Haryana | Active | 01 Jul 2017 |
| 09AALCA7543E1ZJ | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Amplus Energy Solutions Private Limited, buy the company report.
Recent activity
Amplus Energy Solutions Private Limited has 22 board changes on record since 2013: 12 appointments and 10 cessations. The latest: Navjit Gill ceased to be Director on 26 Mar 2025.
47 earlier events are in the company report.
News
Frequently asked questions
Amplus Energy Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 27 June 2013 (13+ years old) and is registered under CIN U40104DL2013PTC292262.
Amplus Energy Solutions has 2 current directors:
- Sharad Pungalia - Managing Director
- Afifah Binti Abu Bakar - Director
The latest financial statements of Amplus Energy Solutions on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 27 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Amplus Energy Solutions is 03AALCA7543E1ZV, registered in Punjab. The company has 18 GST registrations in all, of which 13 are active and 5 are cancelled or inactive. Other active GSTINs include 05AALCA7543E1ZR (Uttarakhand), 06AALCA7543E1ZP (Haryana), 09AALCA7543E1ZJ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Amplus Energy Solutions is U40104DL2013PTC292262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amplus Energy Solutions has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Amplus Energy Solutions was incorporated on 27 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
Amplus Energy Solutions has 24 deals on record (11 funding rounds, 8 secondary share transfers, 3 debt financings), with disclosed funding of ₹202.58 Cr; the latest was in April 2024.
The peers of Amplus Energy Solutions by revenue are Acme Raipur Solar Power Private Limited, Azure Power Infrastructure Private Limited, Avaada Mhkhamgaon Private Limited, First Energy 3 Private Limited, Gale Solarfarms Limited and 2 more, all in the Cleantech industry (Energy Solutions, Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Navjit Gill ceased to be Director on 26 Mar 2025. Afifah Binti Abu Bakar was appointed as Director on 24 Mar 2025. Rizan Bin Ismail ceased to be Director on 11 Jun 2024. Amplus Energy Solutions has 22 board changes on record in total.
Amplus Energy Solutions has 42 MSME Form 1 returns on record between 2018 and 2024, listing 196 overdue payments to 36 micro and small suppliers. The latest return was filed on 24 Apr 2024.
Amplus Energy Solutions can be reached through the website amplussolar.com. Its registered office is in New Delhi, Delhi, India.