Ashlyn Solar SPV Private Limited

Ashlyn Solar SPV Private Limited - environment in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U40108UP2020PTC135247 Incorporated 26 September 2020 ROC Uttar Pradesh HQ Noida, Uttar Pradesh, India
Active Private Limited Company environment MSME · Small
Data last updated
Revenue · FY 2024
₹1.03 Cr
▲ 25% YoY
Net loss · FY 2024
₹24.58 Lakh
Net margin -23.9%
EBITDA · FY 2024
₹59.74 Lakh
EBITDA margin 58.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.5 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings

About Ashlyn Solar SPV Private Limited

Data last updated:

Ashlyn Solar SPV Private Limited is a private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Ashlyn Solar Infra Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 26 September 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U40108UP2020PTC135247. Its GSTIN is 09AAUCA1085C1ZL (Uttar Pradesh).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rupal Gupta and Parveen Kumar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 202 – 203 Udyog Kendra Extn – II Greater Noida, Uttar Pradesh, India – 201306.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.03 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹24.58 Lakh (net margin -23.9%) and EBITDA of ₹59.74 Lakh (EBITDA margin 58.1%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.

As per MCA filings, the company has open charges of ₹4.5 Cr on record.

Ashlyn Solar SPV Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0031627).

Company details

CIN U40108UP2020PTC135247
Registration Number 135247
Incorporation Date 26 September 2020
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ashlyn Solar Infra Private Limited
MSME Classification Small
Udyam Registration UDYAM-UP-28-0031627

Recognitions & Rankings of Ashlyn Solar SPV

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-UP-28-0031627

Contact details

Ashlyn Solar SPV Private Limited's registered office is in Noida, Uttar Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    202 – 203 Udyog Kendra Extn – II Greater Noida, Uttar Pradesh, India – 201306
  • Industry
    Environment, Solar Energy Solutions

To see the full contact details of Ashlyn Solar SPV Private Limited, buy the company report.

Comprehensive company report
Ashlyn Solar SPV 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
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Business activity

The main business activity of Ashlyn Solar SPV is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of Ashlyn Solar SPV Private Limited, buy the company report.

Financials of Ashlyn Solar SPV Private Limited

FY 2025 filings available

Ashlyn Solar SPV Private Limited reported revenue of ₹1.03 Cr (up 25% YoY) for FY 2024.

Revenue · FY 2024
₹1.03 Cr ▲ 25%
Net loss · FY 2024
₹24.58 Lakh margin -23.9%
EBITDA · FY 2024
₹59.74 Lakh margin 58.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▲ 233%
3 years · compounded
▲ 505%

Revenue rose 25% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 233% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 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₹59.74 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹24.58 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin58.1%
Net Profit Margin-23.9%
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 Ashlyn Solar SPV Private Limited, buy the company report.

Board of directors of Ashlyn Solar SPV Private Limited

Ashlyn Solar SPV has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rupal GuptaDirector26 Sep 20206 Years 0 MonthsCurrent
Parveen KumarDirector26 Sep 20206 Years 0 MonthsCurrent

Peer comparison

Ashlyn Solar SPV Private Limited is compared with the 4 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Supernova Energy Private Limited₹1.05 Cr (FY 2025)148.0%Hyderabad, Telangana, India
Oppl Del1 SPV Private Limited₹1.04 Cr (FY 2025)54.0%Noida, Uttar Pradesh, India
FP Sun Solar Private Limited₹1.04 Cr (FY 2025)-1.0%Hyderabad, Telangana, India
Ashlyn Solar SPV Private Limitedthis company₹1.03 Cr (FY 2024)-₹24.58 Lakh-23.9%25.0%Noida, Uttar Pradesh, India
Rajeswari Renewresources Private Limited₹1.03 Cr (FY 2025)5.0%Minjur, Tamil Nadu, India

To see the full peer comparison of Ashlyn Solar SPV Private Limited, buy the company report.

Auditor

Ashlyn Solar SPV Private Limited is audited by S J C & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S J C & CO.FY 2023031696N

Shareholding

The shareholding of Ashlyn Solar SPV Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ashlyn Solar SPV Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.5 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹4.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jan 2022100537957State Bank of India₹4.5 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ashlyn Solar SPV Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Ashlyn Solar SPV has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

GST

Ashlyn Solar SPV has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAUCA1085C1ZLUttar PradeshActive14 Oct 2020

To see the full GST registrations and return filing status of Ashlyn Solar SPV Private Limited, buy the company report.

Recent activity

Ashlyn Solar SPV Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Parveen Kumar ceased to be Director on 26 Jan 2025.

AGM
Ashlyn Solar Spv Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ashlyn Solar Spv Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Ceased
Parveen Kumar ceased to be Director.
Ceased
Rupal Gupta ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 450.00 Lakh with Charge ID 100537957 was registered on 29 Jan 2022.
Ceased
Anirudh Saraswat ceased to be Director.
Ceased
Arun Kumar ceased to be Director.
Appointed
Parveen Kumar was appointed as Director.
Appointed
Rupal Gupta was appointed as Director.
Incorporation
26 Sep 2020
Ashlyn Solar Spv Private Limited was registered on 26 Sep 2020 with Roc Uttar Pradesh Ii & aged 6 years 28 days as per MCA records.

Frequently asked questions

Ashlyn Solar SPV is an active private limited company based in Noida, Uttar Pradesh, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 26 September 2020 (6+ years old) and is registered under CIN U40108UP2020PTC135247.

Ashlyn Solar SPV has 2 current directors:

The latest financial statements of Ashlyn Solar SPV on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Ashlyn Solar SPV is 09AAUCA1085C1ZL, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Ashlyn Solar SPV is U40108UP2020PTC135247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ashlyn Solar SPV was incorporated on 26 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.

The peers of Ashlyn Solar SPV by revenue are Supernova Energy Private Limited, Oppl Del1 SPV Private Limited, FP Sun Solar Private Limited, Rajeswari Renewresources Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).

Parveen Kumar ceased to be Director on 26 Jan 2025. Rupal Gupta ceased to be Director on 26 Jan 2025. Anirudh Saraswat ceased to be Director on 03 Jan 2022. Ashlyn Solar SPV has 6 board changes on record in total.

Yes, Ashlyn Solar SPV is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0031627).

The registered office of Ashlyn Solar SPV is at 202 – 203 Udyog Kendra Extn – II Greater Noida, Uttar Pradesh, India – 201306.

Ashlyn Solar SPV operates in the environment industry, in the solar energy solutions segment.