Essel (India) Solar Limited - Company Profile

It is a consumer electronics & durables public limited company based in Mumbai, Maharashtra, India, established in 2016.
2016 Mumbai, Maharashtra, India Active
Last Updated:
About Essel (India) Solar Limited

Essel (India) Solar Limited, a active public limited company, was established on 28 April 2016 in Mumbai, Maharashtra, India. Engaging in electronics manufacturing within the consumer electronics & durables sector, it holds CIN: U40300MH2016PLC280293. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Formerly known as Essel India Solar Limited, Gcsl Solar Solutions Limited. It upholds a compliant status. Its leadership includes Satish Kanhaiyalal Chauhan (Additional Director), Dhiraj Suresh Karandekar (Additional Director), Sachin Santaram Chavan (Additional Director). Past directors included Ashish Ramesh Agarwal, Riya Ramesh Singh, Sunny Ramesh Singh. Its latest AGM occurred on 20 September 2024, with the balance sheet filed on 31 March 2024. It is based at 513/A, Kohinoor City, Kirol Marg, Kurla West, Mumbai, Mumbai, Maharashtra, 400070.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U40300MH2016PLC280293

  • Registration Number

    280293

  • Incorporation Date

    28 April 2016

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -99.76%
  • Profit Growth **** 93.46%
  • Ebitda **** 90.99%
  • Net Worth -70.00%
  • Total Assets **** 0.18%
Company report

Essel (India) Solar Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Essel (India) Solar Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Essel (India) Solar Limited?
Current Directors
Name Designation Appointment Date Status
Satish Kanhaiyalal Chauhan Additional Director 21 Feb 2025 Current
Dhiraj Suresh Karandekar Additional Director 21 Feb 2025 Current
Sachin Santaram Chavan Additional Director 21 Feb 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 Nov 2019 Past
Pramod Abcsdd Additional Director 20 Sep 2021 Past
Pramod Abcsdd Additional Director 20 Sep 2021 Past
Pramod Abcsdd Additional Director 19 Sep 2024 Past
Pramod Abcsdd Director 31 Mar 2021 Past
Pramod Abcsdd Additional Director 29 Sep 2022 Past

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Financial Performance of Essel (India) Solar.

Essel (India) Solar Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 99.76% decrease. The company also saw a substantial improvement in profitability, with a 93.46% increase in profit. The company's net worth observed a substantial decline by a decrease of 70%.

Essel (India) Solar revenue growth over time
Essel (India) Solar profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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-99.76%
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Revenue from Operations
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Total Assets
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0.18%
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Profit or Loss
*******
93.46%
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Net Worth
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-70.00%
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EBITDA
*******
90.99%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Essel (India) Solar?

In 2017, Essel (India) Solar had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Essel (India) Solar?

Unlock and access historical data on people associated with Essel (India) Solar, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Essel (India) Solar, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Essel (India) Solar's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Essel (India) Solar
Recent Activity within the Organization
  • Director Appointment

    The activity Satish Kanhaiyalal Chauhan was appointed as a Additional Director was appointed as a Additional Director on 21 Feb 2025 & has been associated with this company since 11 months 22 days . was completed.

  • Director Appointment

    The activity Dhiraj Suresh Karandekar was appointed as a Additional Director was appointed as a Additional Director on 21 Feb 2025 & has been associated with this company since 11 months 22 days . was completed.

  • Director Appointment

    The activity Sachin Santaram Chavan was appointed as a Additional Director was appointed as a Additional Director on 21 Feb 2025 & has been associated with this company since 11 months 22 days . was completed.

  • Annual General Meeting

    Essel (India) Solar Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Essel (India) Solar Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Company Incorporation

    Essel (India) Solar Limited was registered on 28 Apr 2016 with Roc Mumbai & aged 9 years 9 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Essel (India) Solar Limited?

The CIN of Essel (India) Solar Limited is U40300MH2016PLC280293.

Where is Essel (India) Solar Limited headquartered?

Essel (India) Solar Limited is headquartered at 513/A, Kohinoor City, Kirol Marg, Kurla West, Mumbai, Mumbai, Maharashtra, 400070.

When was Essel (India) Solar Limited incorporated?

Essel (India) Solar Limited was incorporated on 28 April 2016.

Who are the current directors of Essel (India) Solar Limited?

The current directors of Essel (India) Solar Limited are

What is the primary industry of Essel (India) Solar Limited?

The primary industry of Essel (India) Solar Limited is Consumer Electronics & Durables.

Is Essel (India) Solar Limited a listed company?

Essel (India) Solar Limited is unlisted.

What is the capital structure of Essel (India) Solar Limited?

The authorized capital of Essel (India) Solar Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Essel (India) Solar Limited?

The compliance status of Essel (India) Solar Limited is Compliant.

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