MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-29-0009208
Floatex Solar Private Limited - consumer electronics & durables in Sahibabad, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹214.48 Cr
▲ 269% YoY
Net profit · FY 2024
₹28.59 Cr
Net margin 13.3%
EBITDA · FY 2024
₹39.08 Cr
EBITDA margin 18.2%
Authorised capital
₹1.01 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Open charges
₹86.74 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
14
Provident fund records
About Floatex Solar Private Limited
Data last updated:
Floatex Solar Private Limited is a private limited company based in Sahibabad, Uttar Pradesh, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 07 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U36990UP2020PTC125413. Its GSTIN is 36AADCF9769M1ZS (Telangana). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors Shravil Aggarwal and Sunil Aggarwal.
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 113 Prakash Industrial Estates Sahibabad Ghaziabad, Uttar Pradesh, India – 201005.
As per the financials filed for FY 2024, the company reported a revenue of ₹214.48 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹28.59 Cr (net margin 13.3%) and EBITDA of ₹39.08 Cr (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Floatex Solar. As per MCA filings, the company has open charges of ₹86.74 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in June 2020.
Floatex Solar Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0009208). For more details, the company can be reached via its website floatexsolar.com.
Company details
CIN U36990UP2020PTC125413
Registration Number 125413
Incorporation Date 07 January 2020
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Medium
Udyam Registration UDYAM-UP-29-0009208
Key People
Shravil Aggarwal Director Sunil Aggarwal Director Recognitions & Rankings of Floatex Solar
Contact details
Floatex Solar Private Limited's registered office is in Sahibabad, Uttar Pradesh. Its website is floatexsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address113 Prakash Industrial Estates Sahibabad Ghaziabad, Uttar Pradesh, India – 201005
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Floatex Solar Private Limited, buy the company report.
Comprehensive company report
Floatex Solar Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Floatex Solar operates one associated brand: Floatex Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops floating solar platforms for clean energy projects and installations. | floatexsolar.com |
Business activity
The main business activity of Floatex Solar is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Floatex Solar Private Limited, buy the company report.
Financials of Floatex Solar Private Limited
FY 2024 filings availableFloatex Solar Private Limited reported revenue of ₹214.48 Cr (up 269% YoY) for FY 2024.
Revenue · FY 2024
₹214.48 Cr ▲ 269%
Net profit · FY 2024
₹28.59 Cr margin 13.3%
EBITDA · FY 2024
₹39.08 Cr margin 18.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 269%
3 years · compounded
▲ 51%
EBITDA CAGR growth
3 years · compounded
▲ 51%
Revenue has grown at a compounded annual rate (CAGR) of 51% over three years, including 269% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹39.08 Cr | ||||
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| Net Profit (PAT) | ₹28.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 18.2% | ||||
| Net Profit Margin | 13.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Floatex Solar Private Limited, buy the company report.
Board of directors of Floatex Solar Private Limited
Floatex Solar has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shravil Aggarwal | Director | 10 Apr 2024 | 2 Years 6 Months | Current |
| Sunil Aggarwal Also directs: Purshotam Solar Power LLP, Foncia Developers LLP, MKR Distilleries Private Limited and 5 more | Director | 04 May 2023 | 3 Years 5 Months | Current |
Auditor
Floatex Solar Private Limited is audited by SATISH AGGARWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATISH AGGARWAL & ASSOCIATES | FY 2023 | 003524N |
Shareholding
The shareholding of Floatex Solar Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Floatex Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
₹86.74 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2025 | 101033572 | Others | ₹51.49 Lakh | Open | |
| 31 Dec 2024 | 101038310 | Others | ₹26.55 Lakh | Open | |
| 20 Dec 2024 | 101027804 | Others | ₹88.6 Lakh | Open | |
| 28 Sep 2024 | 100992941 | Hdfc Bank Limited | ₹35 Cr | Open | |
| 28 Sep 2024 | 100992945 | Hdfc Bank Limited | ₹13.13 Cr | Open |
To see the full charge records of Floatex Solar Private Limited, buy the company report.
Total charge records: 41 View all charges
Deals & funding
Floatex Solar Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in June 2020.
Total deals
2
Rights issue
1
Secondary share transfer
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| May 2020 | Rights issue | ₹1 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Floatex Solar Private Limited has 1 court case on record: 1 filed by Floatex Solar. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Criminal case | Filed by the company against Chilltech Systems and Anothers and 1 other | Pending |
To see the full case history of Floatex Solar 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Floatex Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Floatex Solar Private Limited has a workforce of 14 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-22.22%
GST
Floatex Solar has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCF9769M1ZS | Telangana | Active | 22 Jan 2020 |
| 24AADCF9769M1ZX | Gujarat | Active | 30 Mar 2021 |
| 06AADCF9769M1ZV | Haryana | Active | 10 Feb 2022 |
| 23AADCF9769M1ZZ | Madhya Pradesh | Active | 08 Jun 2022 |
To see the full GST registrations and return filing status of Floatex Solar Private Limited, buy the company report.
Recent activity
Floatex Solar Private Limited has 6 board changes on record since 2023: 2 appointments and 4 cessations. The latest: Shravil Aggarwal ceased to be Additional Director on 29 Sep 2024.
Charges
A charge with Others amounted to Rs. 0.51 Cr with Charge ID 101033572 was registered on 07 Jan 2025.
Charges
A charge with Others amounted to Rs. 0.27 Cr with Charge ID 101038310 was registered on 31 Dec 2024.
Charges
A charge with Others amounted to Rs. 0.89 Cr with Charge ID 101027804 was registered on 20 Dec 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 35.00 Cr registered on 28 Sep 2024 with Charge ID 100992941 was modified on 03 Oct 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 13.13 Cr registered on 28 Sep 2024 with Charge ID 100992945 was modified on 03 Oct 2024.
AGM
Floatex Solar Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Shravil Aggarwal ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 35.00 Cr with Charge ID 100992941 was registered on 28 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.13 Cr with Charge ID 100992945 was registered on 28 Sep 2024.
Ceased
Kajol Aggarwal ceased to be Director.
Ceased
Punam Aggarwal ceased to be Director.
Appointed
Shravil Aggarwal was appointed as Director.
40 earlier events are in the company report.
Frequently asked questions
Floatex Solar is an active private limited company based in Sahibabad, Uttar Pradesh, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 07 January 2020 (6+ years old) and is registered under CIN U36990UP2020PTC125413.
Floatex Solar has 2 current directors:
- Shravil Aggarwal - Director
- Sunil Aggarwal - Director
The latest financial statements of Floatex Solar 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 2020 are in the company report.
The GSTIN of Floatex Solar is 36AADCF9769M1ZS, registered in Telangana. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 24AADCF9769M1ZX (Gujarat), 06AADCF9769M1ZV (Haryana), 23AADCF9769M1ZZ (Madhya Pradesh).
The CIN (Corporate Identification Number) of Floatex Solar is U36990UP2020PTC125413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Floatex Solar has 1 court case on record: 1 filed by the company. 1 is pending.
Floatex Solar was incorporated on 07 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Floatex Solar has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in June 2020.
Shravil Aggarwal ceased to be Additional Director on 29 Sep 2024. Kajol Aggarwal ceased to be Director on 20 Jun 2024. Punam Aggarwal ceased to be Director on 20 Jun 2024. Floatex Solar has 6 board changes on record in total.
Yes, Floatex Solar is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-29-0009208).