About Divine Solren Private Limited
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Divine Solren Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Apraava Energy Private Limited. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 08 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74120DL2015PTC428371. Its GSTIN is 27AAFCD3347R1Z3 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹16.9 Cr and a paid-up capital of ₹12.08 Cr. It is led by directors including Durga Ravinuthala and Sunil Ranjeetmal Jain.
Its last annual general meeting (AGM) was held on 29 May 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at T – 15 A Third Floor Salcon Rasvilas, Saket New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2023, the company reported a revenue of ₹54.66 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹14.69 Cr (net margin 26.9%) and EBITDA of ₹50.57 Cr (EBITDA margin 92.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
As per MCA filings, the company has open charges of ₹258 Cr and satisfied charges of ₹581.2 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in April 2020. Its 5 peer companies in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 2 smaller; the largest is Azure Green Tech Private Limited with revenue of ₹56.83 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clpgroup.com.
Company details
CIN history
Divine Solren has one previous CIN (Corporate Identification Number): U74120MH2015PTC264259. The current CIN is U74120DL2015PTC428371, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120DL2015PTC428371 | Current |
| U74120MH2015PTC264259 | Previous |
Contact details
Divine Solren Private Limited's registered office is in New Delhi, Delhi. Its website is clpgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressT – 15 A Third Floor Salcon Rasvilas, Saket New Delhi, Delhi, India – 110017
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Divine Solren 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 Divine Solren 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 Divine Solren Private Limited, buy the company report.
Financials of Divine Solren Private Limited
FY 2024 filings availableDivine Solren Private Limited reported revenue of ₹54.66 Cr (down 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 6% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹54.66 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹50.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.69 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 92.5% | ||||
| Net Profit Margin | 26.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Divine Solren Private Limited, buy the company report.
Board of directors of Divine Solren Private Limited
Divine Solren has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durga Ravinuthala Also directs: Gale Solarfarms Limited, Cleansolar Renewable Energy Private Limited, Tornado Solarfarms Limited and 5 more | Director | 23 Nov 2020 | 5 Years 11 Months | Current |
| Sunil Ranjeetmal Jain | Director | 13 May 2024 | 2 Years 5 Months | Current |
| Mithun Puttu Gole | Director | 19 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Divine Solren Private Limited is compared with the 5 companies closest to it by revenue in the Infrastructure industry (Power Projects), 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 |
|---|---|---|---|---|---|---|
| Azure Green Tech Private Limited | ₹56.83 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Adani Renewable Energy Devco Private Limited | ₹56.21 Cr (FY 2025) | -10.0% | New Delhi, Delhi, India | |||
| Sprng Ujjvala Energy Private Limited | ₹55.12 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India | |||
| Divine Solren Private Limitedthis company | ₹54.66 Cr (FY 2023) | ₹14.69 Cr | 26.9% | -6.0% | New Delhi, Delhi, India | |
| Cleantech Solar Energy (India) Private Limited | ₹53.82 Cr (FY 2025) | -24.0% | Mumbai, Maharashtra, India | |||
| Sunshakti Solar Power Projects Private Limited | ₹52.17 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Divine Solren Private Limited, buy the company report.
Auditor
Divine Solren Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Divine Solren Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Divine Solren Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2021 | 100475380 | Others | ₹258 Cr | Open | |
| 17 Jul 2020 | 100356969 | Idbi Trusteeship Services Limited | ₹258 Cr | Satisfied | |
| 29 Dec 2016 | 100073571 | Idbi Trusteeship Services Limited | ₹323.2 Cr | Satisfied |
To see the full charge records of Divine Solren Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Divine Solren Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in April 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2020 | Secondary share transfer | Undisclosed | Buyer: Apraava Energy Private Limited , Apraava Energy Private Limited & Rajiv Ranjan Mishra Seller: Mahindra Renewables Private Limited & Brijbala Batwal, Megasolis Renewables Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Mahindra Renewables Private Limited & Roshan Laxmi Gandhi Seller: an individual |
| Jan 2016 | Acquisition | ₹76.04 Cr | Buyer: Megasolis Renewables Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Divine Solren Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed against the company | Disposed |
To see the full case history of Divine Solren 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
Divine Solren Private Limited was last rated by Icra on 26 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 26 Aug 2021 |
To see the full credit ratings and regulatory alerts of Divine Solren Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Divine Solren Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Divine Solren has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCD3347R1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 36AAFCD3347R1Z4 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Divine Solren Private Limited, buy the company report.
Recent activity
Divine Solren Private Limited has 20 board changes on record since 2017: 3 appointments and 17 cessations. The latest: Sunil Ranjeetmal Jain ceased to be Additional Director on 28 May 2024.
17 earlier events are in the company report.
News
Frequently asked questions
Divine Solren is an active private limited company based in New Delhi, Delhi, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 08 May 2015 (11+ years old) and is registered under CIN U74120DL2015PTC428371.
Divine Solren has 3 current directors:
- Durga Ravinuthala - Director
- Sunil Ranjeetmal Jain - Director
- Mithun Puttu Gole - Director
The latest financial statements of Divine Solren on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 May 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Divine Solren is 27AAFCD3347R1Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAFCD3347R1Z4 (Telangana).
The CIN (Corporate Identification Number) of Divine Solren is U74120DL2015PTC428371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Divine Solren has 1 court case on record: 1 filed against it.
Divine Solren was incorporated on 08 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Divine Solren has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in April 2020.
The peers of Divine Solren by revenue are Azure Green Tech Private Limited, Adani Renewable Energy Devco Private Limited, Sprng Ujjvala Energy Private Limited, Cleantech Solar Energy (India) Private Limited, Sunshakti Solar Power Projects Private Limited, all in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution).
Sunil Ranjeetmal Jain ceased to be Additional Director on 28 May 2024. Sunil Ranjeetmal Jain was appointed as Director on 13 May 2024. Haziq Beg ceased to be Additional Director on 27 Jun 2023. Divine Solren has 20 board changes on record in total.
Divine Solren can be reached through the website clpgroup.com. Its registered office is in New Delhi, Delhi, India.