About Astra Solren Private Limited
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Astra Solren Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Megasolis Renewables Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 14 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC269256. Its GSTIN is 27AANCA8628G1ZB (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹14.1 Cr and a paid-up capital of ₹8.89 Cr. It is led by directors including Devjeet Ghosh and Niraj Bhupendrakumar Shah.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.68 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹6.5 Cr (net margin -11.3%) and EBITDA of ₹46.13 Cr (EBITDA margin 80%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Mahindra. As per MCA filings, the company has open charges of ₹183.63 Cr and satisfied charges of ₹737 Cr on record. The company has 2 deals on record (2 rights issues); the latest was in October 2018. Its 9 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 5 smaller; the largest is Solarcraft Tuticorin 2 Private Limited with revenue of ₹58.14 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahindra.com.
Company details
Contact details
Astra Solren Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressCowrks Ground Floor Winchester, South Avenue Road Downtown Powai, Mumbai, Maharashtra, India – 400076
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Astra Solren 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
Astra Solren operates one associated brand: Mahindra. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified operations span automotive, agriculture, and financial services. | mahindra.com |
Business activity
The main business activity of Astra Solren is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| 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 |
To see the full business activity and turnover split of Astra Solren Private Limited, buy the company report.
Financials of Astra Solren Private Limited
FY 2025 filings availableAstra Solren Private Limited reported revenue of ₹57.68 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 1% fall in the latest year. EBITDA fell 7% 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 |
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| EBITDA | ₹46.13 Cr | ||||
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| Net Profit (PAT) | -₹6.5 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 80% | ||||
| Net Profit Margin | -11.3% | ||||
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To see the full financial statements and ratios of Astra Solren Private Limited, buy the company report.
Board of directors of Astra Solren Private Limited
Astra Solren has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devjeet Ghosh Also directs: Emergent Solren Private Limited, Mega Suryaurja Private Limited, Brightsolar Renewable Energy Private Limited and 2 more | Director | 10 Jan 2024 | 2 Years 9 Months | Current |
| Niraj Bhupendrakumar Shah Also directs: Emergent Solren Private Limited, Mega Suryaurja Private Limited, Brightsolar Renewable Energy Private Limited and 2 more | Director | 26 Apr 2024 | 2 Years 5 Months | Current |
| Gaurav Malhotra Also directs: Emergent Solren Private Limited, Mega Suryaurja Private Limited, Brightsolar Renewable Energy Private Limited and 3 more | Director | 10 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
Astra Solren Private Limited is compared with the 9 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Solarcraft Tuticorin 2 Private Limited | ₹58.14 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Renew Nizamabad Power Private Limited | ₹58.1 Cr (FY 2025) | -13.0% | Gurugram, Haryana, India | |||
| JSW Aakash Power Private Limited | ₹57.92 Cr (FY 2025) | 5.0% | Hyderabad, Telangana, India | |||
| Ampin Energy Green Private Limited | ₹57.77 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Astra Solren Private Limitedthis company | ₹57.68 Cr (FY 2025) | -₹6.5 Cr | -11.3% | -1.0% | Mumbai, Maharashtra, India | |
| Clean Max Theia Private Limited | ₹57.64 Cr (FY 2025) | 110.0% | Mumbai, Maharashtra, India | |||
| Candi Solar Private Limited | ₹57.52 Cr (FY 2023) | 832.0% | Mohali, Punjab, India | |||
| Walwhan Solar BH Limited | ₹57.42 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India | |||
| Divyesh Power Private Limited | ₹56.69 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| Solarcraft TN 1 Private Limited | ₹56.63 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Astra Solren Private Limited, buy the company report.
Auditor
Astra Solren Private Limited is audited by B. K. Khare & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. K. Khare & Co. | FY 2023 | 105102W |
Shareholding
The shareholding of Astra Solren 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Astra Solren Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2024 | 100942134 | Others | ₹133.78 Cr | Open | |
| 10 Jul 2018 | 100192302 | Others | ₹18.75 Cr | Open | |
| 10 Jul 2018 | 100192660 | Others | ₹31.11 Cr | Open | |
| 25 Aug 2020 | 100366775 | Others | ₹310 Cr | Satisfied | |
| 23 Mar 2017 | 100093123 | Others | ₹427 Cr | Satisfied |
To see the full charge records of Astra Solren Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Astra Solren Private Limited has 2 deals on record (2 rights issues); the latest was in October 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2018 | Rights issue | ₹3.81 Cr | Investors: Megasolis Renewables Private Limited |
| Jul 2016 | Rights issue | ₹65.29 Cr | Investors: Megasolis Renewables Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Astra Solren Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Astra Solren Private Limited was last rated by Indiarating on 01 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 01 Dec 2021 |
To see the full credit ratings and regulatory alerts of Astra Solren Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Astra Solren Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Astra Solren has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA8628G1ZB | Maharashtra | Active | 01 Jul 2017 |
| 24AANCA8628G1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Astra Solren Private Limited, buy the company report.
Recent activity
Astra Solren Private Limited has 18 board changes on record since 2017: 3 appointments and 15 cessations. The latest: Devjeet Ghosh ceased to be Additional Director on 09 Aug 2024.
21 earlier events are in the company report.
News
Frequently asked questions
Astra Solren is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 14 October 2015 (11+ years old) and is registered under CIN U74120MH2015PTC269256.
Astra Solren has 3 current directors:
- Devjeet Ghosh - Director
- Niraj Bhupendrakumar Shah - Director
- Gaurav Malhotra - Director
The latest financial statements of Astra Solren on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Astra Solren is 27AANCA8628G1ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AANCA8628G1ZH (Gujarat).
The CIN (Corporate Identification Number) of Astra Solren is U74120MH2015PTC269256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astra Solren was incorporated on 14 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Astra Solren has 2 deals on record (2 rights issues); the latest was in October 2018.
The peers of Astra Solren by revenue are Solarcraft Tuticorin 2 Private Limited, Renew Nizamabad Power Private Limited, JSW Aakash Power Private Limited, Ampin Energy Green Private Limited, Clean Max Theia Private Limited and 4 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Devjeet Ghosh ceased to be Additional Director on 09 Aug 2024. Gaurav Malhotra ceased to be Additional Director on 09 Aug 2024. Niraj Bhupendrakumar Shah ceased to be Additional Director on 09 Aug 2024. Astra Solren has 18 board changes on record in total.
Astra Solren can be reached through the website mahindra.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Astra Solren is at Cowrks Ground Floor Winchester, South Avenue Road Downtown Powai, Mumbai, Maharashtra, India – 400076.