About Inovation Solar Power
Inovation Solar Power is an Energy & Utilities company based in Delhi (India) founded in 2012 by Akash Chander and Anil Prakash. It supplies and installs solar PV systems for various clients. It operates on a B2B model. The company has 1 employees. Its focus areas include Energy, Renewable Energy, Solar Energy and PV Systems Supply and Installation. Its legal entity in India is Innovation Solar Power Private Limited (U40106DL2012PTC231064). Similar companies include Freyr Energy, Fourth Partner Energy and Sterling And Wilson; 3 of its 3 listed similar companies have raised funding.
Company details
Inovation Solar Power supplies and installs solar pv systems for various clients through working in the energy sector, promoting renewable energy, developing solar energy systems, and pv systems supply and installation. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Delhi, India
- Employees 1
- Founders Akash Chander, Anil Prakash
- SectorsEnergy & Utilities
- Website ww7.innovationsolarpower.com/?usid=24&utid=11296084762
- Social X Facebook
- Legal Name Innovation Solar Power Private Limited
- Date of Incorporation 06 Feb, 2012
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹9,879
FY 2024 · +1664% YoY
- Net Loss-₹10 Lakh
FY 2024 · -10148% margin
- EBITDA-₹5,121
FY 2024 · -52% margin
- Employee Count1
Associated legal entities of Inovation Solar Power
Inovation Solar Power operates through Innovation Solar Power Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innovation Solar Power Private Limited CIN U40106DL2012PTC231064 | Active | 06 Feb 2012 | New Delhi, Delhi | ₹0.0 Cr | 2 | View details |
Board of directors of Innovation Solar Power Private Limited (Inovation Solar Power)
Innovation Solar Power Private Limited is the primary company behind Inovation Solar Power. The board of Innovation Solar Power Private Limited currently have 2 directors; the longest-serving is Akash Chander, appointed in 2012. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akash Chander DIN 02890938 | Director | 06 Feb 2012 | 14 yrs 8 mo | Innovation Solar Power Private Limited |
| Neelam Prakash DIN 01269520 | Director | 25 Aug 2017 | 9 yrs 1 mo | Innovation Solar Power Private Limited |
People of Inovation Solar Power
2 people are tracked at Inovation Solar Power (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Anil Prakash | Co-Founder | Leadership |
Complete people profiles for Inovation Solar Power
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Financials of Inovation Solar Power
Figures of Innovation Solar Power Private Limited, the primary company behind Inovation Solar Power, for FY 2024. Revenue was ₹9,879 (+1664% year on year). Net loss was -₹10 Lakh (-10148% margin). EBITDA was -₹5,121 (-52% margin). Revenue has grown at a compounded annual rate of +44% over three years and -72% over five years.
- ₹9,879Revenue · FY 2024 · +1664% YoY
- -₹10 LakhNet loss · -10148% margin
- -₹5,121EBITDA · -52% margin
- ₹1 LakhPaid-up capital
- +44%Revenue CAGR, 3 years
- -72%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innovation Solar Power Private Limited are on its company page.
Detailed financial statements for Inovation Solar Power
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- Downloads
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Similar companies to Inovation Solar Power
Inovation Solar Power has 3 listed similar companies in our database, 3 of them funded. They include Freyr Energy, Fourth Partner Energy and Sterling And Wilson.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freyrenergy.com | 2014 | Hyderabad, India | $13.23M | 370 | Solar energy projects are developed for residential and commercial applications. | |
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. |
Detailed similar companies of Inovation Solar Power
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Inovation Solar Power (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about Inovation Solar Power
Inovation Solar Power was founded in 2012.
Inovation Solar Power is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Inovation Solar Power has 1 employees.
The primary company behind Inovation Solar Power, Innovation Solar Power Private Limited, reported revenue of ₹9,879 for FY 2024, up 1664% year on year.
Inovation Solar Power supplies and installs solar pv systems for various clients through working in the energy sector, promoting renewable energy, developing solar energy systems, and pv systems supply and installation. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
Inovation Solar Power's top competitors include Fourth Partner Energy, Freyr Energy and Sterling And Wilson.
Inovation Solar Power operates through Innovation Solar Power Private Limited.
The legal entities of Inovation Solar Power currently have 2 directors, including Neelam Prakash, Akash Chander.