About Amrut Solar Private Limited
Data last updated:
Amrut Solar Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 12 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29307GJ2013PTC077459. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Jaydeepbhai Govindbhai Vasoya and Tushar Govindbhai Vasoya.
Its last annual general meeting (AGM) was held on 27 July 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Office No 2/3 Shivdhara Complex Mahadev Vadi Main Road Mayani Chowk, Rajkot, Gujarat, India – 360004.
As per the financials filed for FY 2016, the company reported a revenue of ₹4.82 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹67,854 (net margin 0.1%) and EBITDA of ₹45.52 Lakh (EBITDA margin 9.4%).
As per MCA filings, the company has open charges of ₹5.23 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website amrutsolar.in.
Company details
Contact details
Amrut Solar Private Limited's registered office is in Rajkot, Gujarat. Its website is amrutsolar.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOffice No 2/3 Shivdhara Complex Mahadev Vadi Main Road Mayani Chowk, Rajkot, Gujarat, India – 360004
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Amrut 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
Business activity
The main business activity of Amrut Solar is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Amrut Solar Private Limited, buy the company report.
Financials of Amrut Solar Private Limited
FY 2016 filings availableAmrut Solar Private Limited reported revenue of ₹4.82 Cr (up 382% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 382% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹4.82 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹45.52 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹67,854 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 9.4% | |
| Net Profit Margin | 0.1% | |
| 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 Amrut Solar Private Limited, buy the company report.
Board of directors of Amrut Solar Private Limited
Amrut Solar 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 |
|---|---|---|---|---|
| Jaydeepbhai Govindbhai Vasoya Also directs: Square Corrugation Private Limited | Director | 05 Feb 2014 | 12 Years 8 Months | Current |
| Tushar Govindbhai Vasoya | Director | 12 Nov 2013 | 12 Years 11 Months | Current |
Auditor
Amrut Solar Private Limited is audited by R HARSODA & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R HARSODA & ASSOCIATES | FY 2016 | 134247W |
Shareholding
The shareholding of Amrut Solar Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Amrut Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2015 | 10570782 | Dena Bank | ₹2.61 Cr | Open | |
| 11 May 2015 | 10570779 | Dena Bank | ₹2.61 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Amrut Solar 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 Amrut Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Amrut Solar has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Amrut Solar Private Limited, buy the company report.
Recent activity
Amrut Solar Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Dinesh Virji Tada ceased to be Director on 27 Apr 2017.
Frequently asked questions
Amrut Solar is an active private limited company based in Rajkot, Gujarat, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 12 November 2013 (13+ years old) and is registered under CIN U29307GJ2013PTC077459.
Amrut Solar has 2 current directors:
- Jaydeepbhai Govindbhai Vasoya - Director
- Tushar Govindbhai Vasoya - Director
The latest financial statements of Amrut Solar on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 27 July 2016. Year-wise statements from 2015 are in the company report.
No. Amrut Solar has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Amrut Solar is U29307GJ2013PTC077459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amrut Solar was incorporated on 12 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dinesh Virji Tada ceased to be Director on 27 Apr 2017. Jaydeepbhai Govindbhai Vasoya was appointed as Director on 05 Feb 2014. Tushar Govindbhai Vasoya was appointed as Director on 12 Nov 2013.
Amrut Solar can be reached through the website amrutsolar.in. Its registered office is in Rajkot, Gujarat, India.
The registered office of Amrut Solar is at Office No 23 Shivdhara Complex Mahadev Vadi Main Road Mayani Chowk, Rajkot, Gujarat, India – 360004.
Amrut Solar operates in the environment industry, in the solar energy solutions segment.