About Mi Solar
Mi Solar was an Energy & Utilities company based in Vadodara (India) founded in 2010 by Amit Khurana. It specializes in solar project engineering, procurement, and construction services. It operates on a B2B model. The company has 1 employees. Its Indian entity Mi Solar (India) Private Limited reported revenue of ₹3.89 Cr. The company is recorded as dissolved. Its focus areas include Energy, Renewable Energy, Solar Energy and EPC Services. Similar companies include CleanMax, Freyr Energy and Fourth Partner Energy; 3 of its 3 listed similar companies have raised funding.
Company details
Mi Solar, founded in 2010 in Vadodara, India, focuses on working in the energy sector, promoting renewable energy, developing solar energy systems, and epc services. Specializes in solar project engineering, procurement, and construction services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Vadodara, India
- Employees 1
- Founders Amit Khurana
- SectorsEnergy & Utilities
- Website misolar.in
- Social X Facebook
- Legal Name Mi Solar (India) Private Limited
- Date of Incorporation 15 Feb, 2016
- Jurisdiction Vadodara, Gujarat, India
- Annual Revenue₹3.89 Cr
FY 2023 · +433% YoY
- Net Profit₹18.7 Lakh
FY 2023 · 5% margin
- EBITDA₹80.5 Lakh
FY 2023 · 21% margin
- Employee Count1
Associated legal entities of Mi Solar
Mi Solar operates through Mi Solar (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mi Solar (India) Private Limited CIN U93000GJ2016PTC086089 | Active | 15 Feb 2016 | Vadodara, Gujarat | ₹3.9 Cr | 1 | 2 | View details |
Board of directors of Mi Solar (India) Private Limited (Mi Solar)
Mi Solar (India) Private Limited is the primary company behind Mi Solar. The board of Mi Solar (India) Private Limited currently have 2 directors; the longest-serving is Amit Khurana Ashok, appointed in 2016. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Khurana Ashok DIN 00003626 | Director | 15 Feb 2016 | 10 yrs 8 mo | Mi Solar (India) Private Limited |
| Mohanan Shankaran Choran DIN 00028024 | Director | 11 May 2019 | 7 yrs 5 mo | Mi Solar (India) Private Limited |
People of Mi Solar
1 people are tracked at Mi Solar (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder, Director | Leadership |
Complete people profiles for Mi Solar
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Financials of Mi Solar
Figures of Mi Solar (India) Private Limited, the primary company behind Mi Solar, for FY 2023. Revenue was ₹3.89 Cr (+433% year on year). Net profit was ₹18.7 Lakh (5% margin). EBITDA was ₹80.5 Lakh (21% margin). Revenue has grown at a compounded annual rate of +69% over three years and -13% over five years.
- ₹3.89 CrRevenue · FY 2023 · +433% YoY
- ₹18.7 LakhNet profit · 5% margin
- ₹80.5 LakhEBITDA · 21% margin
- ₹3.01 CrPaid-up capital
- 1Employees (provident fund records)
- +69%Revenue CAGR, 3 years
- -13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mi Solar (India) Private Limited are on its company page.
Detailed financial statements for Mi Solar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Mi Solar
Mi Solar has 3 listed similar companies in our database, 3 of them funded. They include CleanMax, Freyr Energy and Fourth Partner Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cleanmax.com | 2011 | Mumbai, India | $442.67M | 333 | Solar energy projects are developed for commercial and industrial clients. | |
| 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. |
Detailed similar companies of Mi Solar
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Mi Solar (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 Mi Solar
Mi Solar was founded in 2010.
Mi Solar is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
Mi Solar has 1 employees.
The primary company behind Mi Solar, Mi Solar (India) Private Limited, reported revenue of ₹3.89 Cr for FY 2023, up 433% year on year.
Mi Solar, founded in 2010 in Vadodara, India, focuses on working in the energy sector, promoting renewable energy, developing solar energy systems, and epc services. Specializes in solar project engineering, procurement, and construction services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Mi Solar's top competitors include CleanMax, Fourth Partner Energy and Freyr Energy.
Mi Solar operates through Mi Solar (India) Private Limited.
The legal entities of Mi Solar currently have 2 directors, including Mohanan Shankaran Choran, Amit Khurana Ashok.