Baladev Solar Park Private Limited
About Baladev Solar Park Private Limited
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Baladev Solar Park Private Limited is a private limited company based in Gadag, Karnataka, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 24 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC104155. Its GSTIN is 29AAHCB3129K1ZH (Karnataka).
The company has an authorised share capital of ₹3.4 Cr and a paid-up capital of ₹3.4 Cr. It is led by directors including Vishal Kabadi and Vinayak Ramakrishnasa Kabadi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at J K Mansion K H Patil Circle, Gadag, Karnataka, India – 582101.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.57 Lakh, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹35.16 Lakh (net margin -53.6%) and EBITDA of ₹10.38 Lakh (EBITDA margin 15.8%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Baladev Solar Park Private Limited's registered office is in Gadag, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJ K Mansion K H Patil Circle, Gadag, Karnataka, India – 582101
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Baladev Solar Park 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
Business activity
The main business activity of Baladev Solar Park 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 Baladev Solar Park Private Limited, buy the company report.
Financials of Baladev Solar Park Private Limited
FY 2024 filings availableBaladev Solar Park Private Limited reported revenue of ₹65.57 Lakh (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 29% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 123% 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 | ₹10.38 Lakh | ||||
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| Net Profit (PAT) | -₹35.16 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 15.8% | ||||
| Net Profit Margin | -53.6% | ||||
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To see the full financial statements and ratios of Baladev Solar Park Private Limited, buy the company report.
Board of directors of Baladev Solar Park Private Limited
Baladev Solar Park has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Kabadi Also directs: Sangamnath Sugars Limited, RRK Spirits Private Limited, Welcome Renewable Resource Private Limited and 1 more | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
| Vinayak Ramakrishnasa Kabadi Also directs: Welcome Greentech LLP, Sangamnath Sugars Limited, Astra Energetics Private Limited and 3 more | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
| Vijayalakshmi Baldev Magaji | Director | 24 Jun 2017 | 9 Years 4 Months | Current |
| Manjunath Ramkrishnasa Kabadi Also directs: Welcome Greentech LLP, Shree Rameshwara Manganese and Iron Ore Private Limited, Sangamnath Sugars Limited and 2 more | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Baladev Solar Park Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Vibcy Solar Private Limited | ₹65.86 Lakh (FY 2024) | 7.0% | Ajmer, Rajasthan, India | |||
| Baladev Solar Park Private Limitedthis company | ₹65.57 Lakh (FY 2025) | -₹35.16 Lakh | -53.6% | 29.0% | Gadag, Karnataka, India | |
| Kehan Solarworld Private Limited | ₹65.09 Lakh (FY 2025) | -16.0% | Noida, Uttar Pradesh, India | |||
| Renew Solar (Shakti Eight) Private Limited | ₹64.84 Lakh (FY 2025) | 25836.0% | New Delhi, Delhi, India | |||
| Sandeep Wind Farms Private Limited | ₹64.71 Lakh (FY 2024) | 7.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Baladev Solar Park Private Limited, buy the company report.
Auditor
Baladev Solar Park Private Limited is audited by P R CHANDRA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R CHANDRA & CO. | FY 2022 | 230754 |
Shareholding
The shareholding of Baladev Solar Park Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Baladev Solar Park Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2019 | 100269335 | Others | ₹7 Cr | Open |
To see the full charge records of Baladev Solar Park Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Baladev Solar Park Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Baladev Solar Park Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sure Energy Systems Private Limited |
To see the full MSME payment records of Baladev Solar Park Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Baladev Solar Park has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCB3129K1ZH | Karnataka | Active | 25 Oct 2018 |
To see the full GST registrations and return filing status of Baladev Solar Park Private Limited, buy the company report.
Recent activity
Baladev Solar Park Private Limited has 16 board changes on record since 2017: 4 appointments and 12 cessations. The latest: Manjunath Ramkrishnasa Kabadi ceased to be Additional Director on 29 Sep 2023.
9 earlier events are in the company report.
Frequently asked questions
Baladev Solar Park is an active private limited company based in Gadag, Karnataka, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 24 June 2017 (9+ years old) and is registered under CIN U74999KA2017PTC104155.
Baladev Solar Park has 4 current directors:
- Vishal Kabadi - Director
- Vinayak Ramakrishnasa Kabadi - Director
- Vijayalakshmi Baldev Magaji - Director
- Manjunath Ramkrishnasa Kabadi - Director
The latest financial statements of Baladev Solar Park on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Baladev Solar Park is 29AAHCB3129K1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Baladev Solar Park is U74999KA2017PTC104155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baladev Solar Park was incorporated on 24 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Baladev Solar Park by revenue are Vibcy Solar Private Limited, Kehan Solarworld Private Limited, Renew Solar (Shakti Eight) Private Limited, Sandeep Wind Farms Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Manjunath Ramkrishnasa Kabadi ceased to be Additional Director on 29 Sep 2023. Shrinivas Ambasa Kabadi ceased to be Additional Director on 29 Sep 2023. Vinayak Ramakrishnasa Kabadi ceased to be Additional Director on 29 Sep 2023. Baladev Solar Park has 16 board changes on record in total.
Baladev Solar Park has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 02 Nov 2020.
The registered office of Baladev Solar Park is at J K Mansion K H Patil Circle, Gadag, Karnataka, India – 582101.
Baladev Solar Park operates in the environment industry, in the solar energy solutions segment.
Baladev Solar Park has open charges of ₹7 Cr and no satisfied charges on record as per latest MCA filings.
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