About Belgaum Solar Power Private Limited
Data last updated:
Belgaum Solar Power Private Limited was a private limited company based in Jaipur, Rajasthan, India, operated as a subsidiary of Inr Energy Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 20 October 2017.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U40300RJ2017PTC059331. Its GSTIN is 29AAHCB4947M1Z1 (Karnataka).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Alok Kumar Jain and Srejan Goyal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at D – 43 Janpath Shyam Nagar, Jaipur, Rajasthan, India – 302019.
As per the financials filed for FY 2022, the company reported a revenue of ₹54.75 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹2.19 Cr (net margin 4%) and EBITDA of ₹50.03 Cr (EBITDA margin 91.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹190 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The last known website on record is prestigeconstructions.com.
Company details
Contact details
Belgaum Solar Power Private Limited's registered office is in Jaipur, Rajasthan. Its website is prestigeconstructions.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressD – 43 Janpath Shyam Nagar, Jaipur, Rajasthan, India – 302019
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Belgaum Solar Power 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 Belgaum Solar Power 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 Belgaum Solar Power Private Limited, buy the company report.
Financials of Belgaum Solar Power Private Limited
FY 2022 filings availableBelgaum Solar Power Private Limited reported revenue of ₹54.75 Cr (up 18% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 18% growth in the latest year. EBITDA rose 28% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹54.75 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹50.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.19 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.4% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Belgaum Solar Power Private Limited, buy the company report.
Board of directors of Belgaum Solar Power Private Limited
Belgaum Solar Power has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Kumar Jain Also directs: Horizon Industrial Parks Limited, Talegaon Industrial Parks Private Limited, Greenbase Industrial Parks Private Limited and 5 more | Director | 12 Apr 2021 | 5 Years 6 Months | As last reported |
| Srejan Goyal Also directs: Goodluck Buildtech Private Limited, Dashanya Tech Parkz Private Limited, Jindpur Industrial Park Private Limited and 3 more | Director | 08 Nov 2021 | 4 Years 11 Months | As last reported |
Peer comparison
Belgaum Solar Power Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| HCT Sun (India) Private Limited | ₹56.2 Cr (FY 2025) | 89.0% | Thane, Maharashtra, India | |||
| JBM Solar Energy Maharashtra Private Limited | ₹56 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Pratyash Renewable Private Limited | ₹55.45 Cr (FY 2025) | -7.0% | Hyderabad, Telangana, India | |||
| Sprng Photovoltaic Private Limited | ₹54.92 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Belgaum Solar Power Private Limitedthis company | ₹54.75 Cr (FY 2022) | ₹2.19 Cr | 4% | 18.0% | 2 | Jaipur, Rajasthan, India |
| Amplus Pavagada Solar Energy Two Private Limited | ₹54.69 Cr (FY 2020) | -7.0% | Gurugram, Haryana, India | |||
| Shreyas Renewable Energy Private Limited | ₹54.36 Cr (FY 2025) | -9.0% | Hyderabad, Telangana, India | |||
| Cmes Jupiter Private Limited | ₹54.27 Cr (FY 2025) | 175.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Belgaum Solar Power Private Limited, buy the company report.
Auditor
Belgaum Solar Power Private Limited is audited by M S S V & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S S V & CO | FY 2021 | 001987S |
Shareholding
The shareholding of Belgaum Solar Power Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Belgaum Solar Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2018 | 100197546 | Sbicap Trustee Company Limited | ₹190 Cr | Satisfied |
To see the full charge records of Belgaum Solar Power Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Belgaum Solar Power Private Limited has 3 court cases on record: 1 filed by Belgaum Solar Power, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Hubli Electricity Supply Company Limited and 3 others | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by Karnataka Electricity Regulatory Commission | Pending |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Belgaum Solar Power Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Belgaum Solar Power Private Limited was last rated by Icra on 22 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 22 Nov 2021 |
To see the full credit ratings and regulatory alerts of Belgaum Solar Power Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Belgaum Solar Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Belgaum Solar Power Private Limited has a workforce of 2 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Belgaum Solar Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCB4947M1Z1 | Karnataka | Active | 27 Dec 2017 |
To see the full GST registrations and return filing status of Belgaum Solar Power Private Limited, buy the company report.
Recent activity
Belgaum Solar Power Private Limited has 12 board changes on record since 2018: 2 appointments and 10 cessations. The latest: Srejan Goyal ceased to be Additional Director on 30 Sep 2022.
6 earlier events are in the company report.
News
Frequently asked questions
Belgaum Solar Power has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Belgaum Solar Power was a private limited company based in Jaipur, Rajasthan, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 20 October 2017 and is registered under CIN U40300RJ2017PTC059331. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Belgaum Solar Power was incorporated on 20 October 2017. It is registered with the Registrar of Companies, Jaipur.
Belgaum Solar Power had 2 directors:
- Alok Kumar Jain - Director
- Srejan Goyal - Director
The CIN (Corporate Identification Number) of Belgaum Solar Power is U40300RJ2017PTC059331. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Belgaum Solar Power is at D – 43 Janpath Shyam Nagar, Jaipur, Rajasthan, India – 302019.
Belgaum Solar Power can be reached through the website prestigeconstructions.com. Its registered office is in Jaipur, Rajasthan, India.
The latest financial statements of Belgaum Solar Power on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Belgaum Solar Power is 29AAHCB4947M1Z1, registered in Karnataka.
Belgaum Solar Power operated in the environment industry, in the solar energy solutions segment.
The peers of Belgaum Solar Power by revenue are HCT Sun (India) Private Limited, JBM Solar Energy Maharashtra Private Limited, Pratyash Renewable Private Limited, Sprng Photovoltaic Private Limited, Amplus Pavagada Solar Energy Two Private Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
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