About Ajit Solar
Ajit Solar was an Energy & Utilities company based in Jaipur (India) founded in 2007 by Ajit Singh Gehlot and Priya S Gehlot. It manufactures solar PV modules for renewable energy solutions. It operates on a B2B model. Its Indian entity Ajit Solar Private Limited reported revenue of ₹3.34 Cr. The company is recorded as dissolved. Its focus areas include Energy, Renewable Energy, Solar and PV Module Manufacturing. Similar companies include Kyocera, Trina Solar, Goldi Solar, Su-Kam Power Systems and Emmvee and 3 more; 4 of its 8 listed similar companies have raised funding.
Company details
Ajit Solar manufactures solar pv modules for renewable energy solutions through working in the energy sector, promoting renewable energy, solar, and pv module manufacturing. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Jaipur, India
- Founders Ajit Singh Gehlot, Priya S Gehlot
- SectorsEnergy & Utilities
- Website ajitsolar.com
- Social Facebook
- Legal Name Ajit Solar Private Limited
- Date of Incorporation 24 May, 2007
- Jurisdiction Jaipur, Rajasthan, India
- Annual Revenue₹3.34 Cr
FY 2018 · -37% YoY
- Net Loss-₹3.70 Cr
FY 2018 · -111% margin
- EBITDA-₹20 Lakh
FY 2018 · -6% margin
Associated legal entities of Ajit Solar
Ajit Solar operates through Ajit Solar Private Limited (under liquidation). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ajit Solar Private Limited CIN U40106RJ2007PTC024478 | Under Liquidation | 24 May 2007 | Jaipur, Rajasthan | ₹3.3 Cr | 24 | 3 | View details |
Board of directors of Ajit Solar Private Limited (Ajit Solar)
Ajit Solar Private Limited is the primary company behind Ajit Solar. The board of Ajit Solar Private Limited currently have 3 directors; the longest-serving is Ajit Singh Gehlot, appointed in 2007. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajit Singh Gehlot DIN 00029346 | Director | 24 May 2007 | 19 yrs 4 mo | Ajit Solar Private Limited |
| Priya Singh Gehlot DIN 00029408 | Managing Director | 24 May 2007 | 19 yrs 4 mo | Ajit Solar Private Limited |
| Bihari Chakravarti Lal DIN 07552835 | IRP/RP/Liquidator | 12 Dec 2024 | 1 yr 10 mo | Ajit Solar Private Limited |
People of Ajit Solar
2 people are tracked at Ajit Solar (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, Chairman | Leadership | |
| Co-Founder, Director | Leadership |
Complete people profiles for Ajit Solar
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Financials of Ajit Solar
Figures of Ajit Solar Private Limited, the primary company behind Ajit Solar, for FY 2018. Revenue was ₹3.34 Cr (-37% year on year). Net loss was -₹3.70 Cr (-111% margin). EBITDA was -₹20 Lakh (-6% margin). Revenue has grown at a compounded annual rate of -50% over three years.
- ₹3.34 CrRevenue · FY 2018 · -37% YoY
- -₹3.70 CrNet loss · -111% margin
- -₹20 LakhEBITDA · -6% margin
- ₹1.92 CrPaid-up capital
- 24Employees (provident fund records)
- -50%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ajit Solar Private Limited are on its company page.
Detailed financial statements for Ajit Solar
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Similar companies to Ajit Solar
Ajit Solar has 8 listed similar companies in our database, 4 of them funded. They include Kyocera, Trina Solar, Goldi Solar, Su-Kam Power Systems and Emmvee, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| global.kyocera.com | 1959 | Horse Shoe, United States | $2M | 70,153 | Kyocera is engaged in providing technology solutions globally. | |
| trinasolar.com | 1997 | San Jose, United States | $40M | 69 | Photovoltaic cells for PV and smart energy solutions are developed. | |
| goldisolar.com | 2011 | Surat, India | $230.96M | 1,583 | Manufacturer of solar PV modules | |
| su-kam.com | 1988 | Gurugram, India | – | 288 | Solar panels and power storage products are manufactured. | |
| emmvee.com | 1992 | Bengaluru, India | – | 530 | Manufactures solar panels, water heaters, and turnkey solutions for renewable energy. | |
| navitassolar.in | 2013 | Surat, India | $9.85M | 134 | Manufacturer of solar panel | |
| moserbaersolar.com | 1983 | Delhi, India | – | 70 | PV modules, solar tiles, and related solar products are manufactured. | |
| saatvikgroup.com | 2015 | Ambala, India | – | 154 | Manufactures solar modules and offers EPC services for renewable energy projects in India. |
Detailed similar companies of Ajit Solar
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Top companies in Renewable Energy Platforms
10 companies that operate in the same segment as Ajit Solar (Renewable Energy Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Manufacturer of smart solar inverters | 2006 | Herzliya, Central District, Israel | USD 96.8 M | USD 1.18 B | 5,630 | |
Solar panel tracking software is provided for monitoring and control. | 2013 | Fremont, California, United States | USD 42.63 M | USD 3.56 B | 1,300 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | – | 902 | |
Full-end solar services are provided to residential and commercial sectors. | 2009 | Charleston, South Carolina, United States | USD 670.36 M | – | 749 | |
Micro-inverters and energy storage systems are manufactured for solar applications. | 2006 | Fremont, California, United States | USD 100.07 M | USD 1.47 B | 2,780 | |
Producer and supplier of green hydrogen | 2017 | Nantes, Pays De La Loire, France | USD 96.93 M | USD 11.48 M | 199 | |
Online platform for funding solar projects | 2015 | New York, New York, United States | USD 503.95 M | – | 30 | |
Provider of hydrogen production and storage solutions | 1927 | Oslo, Oslo, Norway | – | USD 95.55 M | 409 |
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Frequently Asked Questions about Ajit Solar
Ajit Solar was founded in 2007.
Ajit Solar is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
The primary company behind Ajit Solar, Ajit Solar Private Limited, reported revenue of ₹3.34 Cr for FY 2018, down 37% year on year.
Ajit Solar manufactures solar pv modules for renewable energy solutions through working in the energy sector, promoting renewable energy, solar, and pv module manufacturing. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Ajit Solar's top competitors include Goldi Solar, Trina Solar and Kyocera.
Ajit Solar operates through Ajit Solar Private Limited.
The legal entities of Ajit Solar currently have 3 directors, including Bihari Chakravarti Lal, Ajit Singh Gehlot, Priya Singh Gehlot.