About Refex energy
Refex energy was an Energy & Utilities company based in Mumbai (India) founded in 2008 by Arun Mehta. It operates as a solar EPC company specializing in engineering, procurement, and construction. It operates on a B2B model. The company is recorded as dissolved. Its focus areas include Energy, Renewable Energy, Solar Energy and EPC Services. Similar companies include Fourth Partner Energy, Sterling And Wilson and GREW; 3 of its 3 listed similar companies have raised funding.
Company details
Refex energy operates as a solar epc company specializing in engineering, procurement, and construction, focusing on working in the energy sector, promoting renewable energy, developing solar energy systems, and epc services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Mumbai, India
- Founders Arun Mehta
- SectorsEnergy & Utilities
- Website refexenergy.com
- Annual Revenue$343.47 K (USD)as on Mar 31, 2022
Associated legal entities of Refex energy
Refex energy is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Blister Solar Energy Private Limited CIN U40101KA2015PTC083354 | Active | 12 Oct 2015 | Sadashivnagar, Karnataka | ₹3.0 Cr | 3 | View details | |
| Svaryu Energy Limited CIN U40100MH2008PLC438187 | Active | 16 Apr 2008 | Mumbai, Maharashtra | ₹325 Cr | 38 | 7 | View details |
Board of directors of Refex energy
The boards of the 2 registered companies of Refex energy currently have 9 directors; the longest-serving is Arun Sumer Mehta, appointed in 2010. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arun Sumer Mehta DIN 02837324 | Whole-time director | 07 Jun 2010 | 16 yrs 4 mo | Svaryu Energy Limited |
| Krishnanaika DIN 07287238 | Director | 12 Oct 2015 | 11 yrs | Blister Solar Energy Private Limited |
| Patrik Vijay Kumar Francis Arun Kumar DIN 07162895 | Director | 12 Oct 2015 | 11 yrs | Blister Solar Energy Private Limited |
| Rajeev Kumar Sharma DIN 08608663 | Director | 20 Jan 2020 | 6 yrs 9 mo | Svaryu Energy Limited |
| Meghna Mahendra Savla DIN 09152133 | Director | 20 Apr 2021 | 5 yrs 6 mo | Svaryu Energy Limited |
| Bhaskar Devadasan Nair DIN 07757813 | Director | 09 Nov 2021 | 4 yrs 11 mo | Svaryu Energy Limited |
| Santosh Ganpat Ambekar DIN 09732512 | Nominee Director | 12 Oct 2022 | 4 yrs | Svaryu Energy Limited |
| Uthayakumar Lalitha DIN 07331094 | Additional Director | 23 Jan 2025 | 1 yr 9 mo | Blister Solar Energy Private Limited |
| Divya Madhusudan Kapadia DIN 10783581 | CFO | 01 Oct 2025 | 1 yr | Svaryu Energy Limited |
People of Refex energy
5 people are tracked at Refex energy (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Lohar Javid | Head Of Quality Department | Leadership |
Neelesh Upadhyay | Head of Human Resources | Leadership |
Shek Sameem | HR Intern | Team |
HR Svaryu | HR | Team |
Complete people profiles for Refex energy
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Financials of Refex energy
Figures of Blister Solar Energy Private Limited, the primary company behind Refex energy, for FY 2025. Revenue was ₹2.99 Cr (+12% year on year). Net profit was ₹2.11 Cr (70% margin). EBITDA was ₹2.09 Cr (70% margin). Revenue has grown at a compounded annual rate of +3% over three years and +3% over five years.
- ₹2.99 CrRevenue · FY 2025 · +12% YoY
- ₹2.11 CrNet profit · 70% margin
- ₹2.09 CrEBITDA · 70% margin
- ₹3.2 LakhPaid-up capital
- +3%Revenue CAGR, 3 years
- +3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Blister Solar Energy Private Limited are on its company page.
Detailed financial statements for Refex energy
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Similar companies to Refex energy
Refex energy has 3 listed similar companies in our database, 3 of them funded. They include Fourth Partner Energy, Sterling And Wilson and GREW.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 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. | |
| grew.one | 2022 | Ahmedabad, India | $4.22M | 1,556 | Provider of a range of solar products and services |
Detailed similar companies of Refex energy
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Web traffic of Refex energy
Websites that share an audience with Refex energy (refexenergy.com).
Websites whose visitors overlap most with Refex energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| thesolarbiz.com | 100% | #2,012,102 | View details |
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Refex energy (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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Related news about Refex Energy
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Frequently Asked Questions about Refex energy
Refex energy was founded in 2008.
Refex energy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Annual revenue of Refex energy is $343.47K as on Mar 31, 2022.
Refex energy operates as a solar epc company specializing in engineering, procurement, and construction, focusing on working in the energy sector, promoting renewable energy, developing solar energy systems, and epc services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Refex energy's top competitors include Fourth Partner Energy, GREW and Sterling And Wilson.
Refex energy is associated with 2 legal entities: Blister Solar Energy Private Limited, Svaryu Energy Limited.
The legal entities of Refex energy currently have 9 directors, including Krishnanaika, Patrik Vijay Kumar Francis Arun Kumar, Uthayakumar Lalitha and others.