DPIIT recognised startup Government of India
Startup India
Arsiga Solar Private Limited - consumer electronics & durables in Lucknow, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹57.2 Cr
▲ 229% YoY
Net profit · FY 2025
₹24.45 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹69.61 Lakh
EBITDA margin 1.2%
Authorised capital
₹14 Lakh
Registered with MCA
Paid-up capital
₹13.1 Lakh
Issued & subscribed
Open charges
₹4.4 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Arsiga Solar Private Limited
Data last updated:
Arsiga Solar Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India, a subsidiary of Hygrid Solar Private Limited and recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 06 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U51909UP2019PTC116600. Its GSTIN is 09AASCA2514N1Z8 (Uttar Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹14 Lakh and a paid-up capital of ₹13.1 Lakh. It is led by directors Anuranjan Shukla and Swati Vijay.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F – 226 Trasport Nagar, Lucknow, Uttar Pradesh, India – 226023.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.2 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹24.45 Lakh (net margin 0.4%) and EBITDA of ₹69.61 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 70% over five years.
The company is associated with 1 brand: Hygrid Solar. As per MCA filings, the company has open charges of ₹4.4 Cr on record.
Arsiga Solar Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-50-0017067). For more details, the company can be reached via its website hygridsolar.com.
Company details
CIN U51909UP2019PTC116600
Registration Number 116600
Incorporation Date 06 May 2019
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Hygrid Solar Private Limited
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-UP-50-0017067
Key People
Anuranjan Shukla Director Swati Vijay Director Recognitions & Rankings of Arsiga Solar
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-50-0017067
Contact details
Arsiga Solar Private Limited's registered office is in Lucknow, Uttar Pradesh. Its website is hygridsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF – 226 Trasport Nagar, Lucknow, Uttar Pradesh, India – 226023
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Arsiga Solar Private Limited, buy the company report.
Comprehensive company report
Arsiga Solar Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Arsiga Solar operates one associated brand: Hygrid Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributor and installer of solar products, panels, and systems for energy solutions. | hygridsolar.com |
Business activity
The main business activity of Arsiga Solar is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Arsiga Solar Private Limited, buy the company report.
Financials of Arsiga Solar Private Limited
FY 2024 filings availableArsiga Solar Private Limited reported revenue of ₹57.2 Cr (up 229% YoY) for FY 2025.
Revenue · FY 2025
₹57.2 Cr ▲ 229%
Net profit · FY 2025
₹24.45 Lakh margin 0.4%
EBITDA · FY 2025
₹69.61 Lakh margin 1.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 229%
3 years · compounded
▲ 64%
5 years · compounded
▲ 70%
EBITDA CAGR growth
1 year
▲ 675%
3 years · compounded
▲ 110%
5 years · compounded
▲ 94%
Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 229% growth in the latest year. EBITDA rose 675% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹69.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.45 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Arsiga Solar Private Limited, buy the company report.
Board of directors of Arsiga Solar Private Limited
Arsiga Solar has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuranjan Shukla | Director | 26 Jul 2019 | 7 Years 3 Months | Current |
| Swati Vijay Also directs: Kartware Private Limited | Director | 26 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Arsiga Solar Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maxwell Communication Private Limited | ₹57.8 Cr (FY 2025) | 84.0% | Siliguri, West Bengal, India | |||
| Bharat Skytech Private Limited | ₹57.54 Cr (FY 2025) | 47.0% | New Delhi, Delhi, India | |||
| Arsiga Solar Private Limitedthis company | ₹57.2 Cr (FY 2025) | ₹24.45 Lakh | 0.4% | 229.0% | Lucknow, Uttar Pradesh, India | |
| Eon Sales Enterprises Private Limited | ₹57 Cr (FY 2024) | 27.0% | Ranchi, Jharkhand, India | |||
| Malaika Appliances Limited | ₹56.79 Cr (FY 2019) | -43.0% | Mumbai, Maharashtra, India | |||
| Clair Electronics Limited | ₹56.58 Cr (FY 2024) | 29.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Arsiga Solar Private Limited, buy the company report.
Auditor
Arsiga Solar Private Limited is audited by VISHAL KHATRI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHAL KHATRI & ASSOCIATES | FY 2023 | A23544C |
Shareholding
The shareholding of Arsiga Solar Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Arsiga Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2024 | 101050479 | Axis Bank Limited | ₹4 Cr | Open | |
| 11 Apr 2023 | 100720541 | Hdfc Bank Limited | ₹35 Lakh | Open | |
| 02 Nov 2022 | 100679008 | Hdfc Bank Limited | ₹5.25 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Arsiga 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 Arsiga Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Arsiga Solar has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AASCA2514N1Z8 | Uttar Pradesh | Active | 24 Oct 2019 |
| 06AASCA2514N1ZE | Haryana | Active | 04 Jul 2024 |
To see the full GST registrations and return filing status of Arsiga Solar Private Limited, buy the company report.
Recent activity
Arsiga Solar Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Anuranjan Shukla ceased to be Additional Director on 31 Dec 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 400.00 Lakh with Charge ID 101050479 was registered on 31 Dec 2024.
AGM
Arsiga Solar Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Arsiga Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 35.00 Lakh with Charge ID 100720541 was registered on 11 Apr 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.25 Lakh with Charge ID 100679008 was registered on 02 Nov 2022.
Ceased
Anuranjan Shukla ceased to be Additional Director.
Ceased
Swati Vijay ceased to be Additional Director.
Appointed
Anuranjan Shukla was appointed as Director.
Ceased
Atul Mittal ceased to be Director.
Ceased
Shweta Dixit ceased to be Director.
Appointed
Swati Vijay was appointed as Director.
Incorporation
06 May 2019
Arsiga Solar Private Limited was registered on 06 May 2019 with Roc Kanpur & aged 7 years 5 months as per MCA records.
Frequently asked questions
Arsiga Solar is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 06 May 2019 (7+ years old) and is registered under CIN U51909UP2019PTC116600.
Arsiga Solar has 2 current directors:
- Anuranjan Shukla - Director
- Swati Vijay - Director
The latest financial statements of Arsiga Solar on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Arsiga Solar is 09AASCA2514N1Z8, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 06AASCA2514N1ZE (Haryana).
The CIN (Corporate Identification Number) of Arsiga Solar is U51909UP2019PTC116600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arsiga Solar was incorporated on 06 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Arsiga Solar by revenue are Maxwell Communication Private Limited, Bharat Skytech Private Limited, Eon Sales Enterprises Private Limited, Malaika Appliances Limited, Clair Electronics Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Anuranjan Shukla ceased to be Additional Director on 31 Dec 2020. Swati Vijay ceased to be Additional Director on 31 Dec 2020. Anuranjan Shukla was appointed as Director on 26 Jul 2019. Arsiga Solar has 6 board changes on record in total.
Yes, Arsiga Solar is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Arsiga Solar is registered as a small enterprise under Udyam registration (number: UDYAM-UP-50-0017067).
Arsiga Solar can be reached through the website hygridsolar.com. Its registered office is in Lucknow, Uttar Pradesh, India.