About Gale Solarfarms Limited
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Gale Solarfarms Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Apraava Renewable Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 27 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40106DL2015PLC415125. Its GSTIN is 27AAFCG9599L1ZM (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹62.5 Cr and a paid-up capital of ₹60 Cr. It was formerly known as Gale Windfarms Private Limited and Gale Solarfarms Private Limited. It is led by directors including Amit Narendra Mehta (Manager) and Naveen Munjal.
Its last annual general meeting (AGM) was held on 09 June 2025, and its latest financial statements are for the year ended 31 March 2025. 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 2026, the company reported a revenue of ₹36.28 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹17.1 Lakh (net margin 0.5%) and EBITDA of ₹29.26 Cr (EBITDA margin 80.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹227 Cr and satisfied charges of ₹768.13 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 4 cases are pending. The company has 12 deals on record (4 funding rounds, 3 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹53.12 Cr; the latest was in November 2018. Its 9 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 5 smaller; the largest is Azure Power Infrastructure Private Limited with revenue of ₹38.8 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
Name history
Gale Solarfarms has undergone 2 name changes throughout its history. The company was previously known as Gale Windfarms Private Limited, and Gale Solarfarms Private Limited. The current legal name is Gale Solarfarms Limited.
| Company Name | Status |
|---|---|
| Gale Solarfarms Limited | Current |
| Gale Windfarms Private Limited | Previous |
| Gale Solarfarms Private Limited | Previous |
CIN history
Gale Solarfarms has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40106DL2015PLC415125, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106DL2015PLC415125 | Current |
| U40106GJ2015PTC082732 | Previous |
| U40106GJ2015PLC082732 | Previous |
Contact details
Gale Solarfarms 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
- Registered AddressT – 15 A Third Floor Salcon Rasvilas, Saket New Delhi, Delhi, India – 110017
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Gale Solarfarms 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 Gale Solarfarms 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 Gale Solarfarms Limited, buy the company report.
Financials of Gale Solarfarms Limited
FY 2025 filings availableGale Solarfarms Limited reported revenue of ₹36.28 Cr (down 5% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 9% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹29.26 Cr | ||||
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| Net Profit (PAT) | ₹17.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 80.6% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Gale Solarfarms Limited, buy the company report.
Board of directors and KMP of Gale Solarfarms Limited
Gale Solarfarms Limited currently reports 7 directors and 2 key managerial personnel. 25 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Narendra Mehta | Manager | 12 Aug 2024 | 2 Years 2 Months | Current |
| Naveen Munjal Also directs: Erragudi Green Energy Private Limited, Apraava Paschim Smart Meter Private Limited, Kohima-Mariani Transmission Limited and 5 more | Director | 21 Feb 2024 | 2 Years 8 Months | Current |
| Mitesh Bhupendra Trivedi | Director | 16 Aug 2023 | 3 Years 2 Months | Current |
| Durga Ravinuthala Also directs: Tornado Solarfarms Limited, Cleansolar Renewable Energy Private Limited, Divine Solren Private Limited and 5 more | Director | 19 May 2023 | 3 Years 5 Months | Current |
| Sunil Ranjeetmal Jain | Director | 13 May 2024 | 2 Years 5 Months | Current |
| Harshwardhan Suresh Kakkar Also directs: Apraava Renewable Energy Private Limited | Company Secretary | 22 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Gale Solarfarms Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Azure Power Infrastructure Private Limited | ₹38.8 Cr (FY 2025) | -42.0% | New Delhi, Delhi, India | |||
| Avaada Mhkhamgaon Private Limited | ₹38.6 Cr (FY 2025) | 5.0% | Noida, Uttar Pradesh, India | |||
| Amplus Energy Solutions Private Limited | ₹38.54 Cr (FY 2020) | New Delhi, Delhi, India | ||||
| First Energy 3 Private Limited | ₹38.51 Cr (FY 2025) | 29.0% | Pune, Maharashtra, India | |||
| Sand Land Real Estates Private Limited | ₹38.12 Cr (FY 2024) | 0.0% | Ahmedabad, Gujarat, India | |||
| Solarcraft Koppal Private Limited | ₹37.9 Cr (FY 2025) | -6.0% | Gurgaon, Haryana, India | |||
| Clean Wind Power (Satara) Private Limited | ₹37.57 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Aditya Birla Renewables SPV 1 Limited | ₹37.49 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Acme Solar Technologies (Gujarat) Private Limited | ₹37.4 Cr (FY 2025) | -2.0% | Gurgaon, Haryana, India | |||
| Gale Solarfarms Limitedthis company | ₹36.28 Cr (FY 2026) | ₹17.1 Lakh | 0.5% | -5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Gale Solarfarms Limited, buy the company report.
Auditor
Gale Solarfarms 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 Gale Solarfarms 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 Gale Solarfarms Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2024 | 100946287 | Others | ₹200 Cr | Open | |
| 03 Dec 2019 | 100306004 | Others | ₹27 Cr | Open | |
| 08 May 2019 | 100262272 | Others | ₹242.2 Cr | Satisfied | |
| 29 Nov 2018 | 100219297 | Others | ₹262.5 Cr | Satisfied | |
| 29 Nov 2018 | 100227623 | Others | ₹20.29 Cr | Satisfied |
To see the full charge records of Gale Solarfarms Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Gale Solarfarms Limited has 12 deals on record (4 funding rounds, 3 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹53.12 Cr; the latest was in November 2018.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: ICICI Prudential Ultra Short Term Fund Seller: Suzlon Energy Limited , UPC Solar India(HK) Limited |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: CLP Windfarms (India) Private Limited, CLP Windfarms (India) Private Limited & Samir Ashta, CLP Windfarms (India) Private Limited & Gopinath Govindan Seller: Suzlon Energy Limited , UPC Solar India(HK) Limited, Tulsi R.Tanti & Suzlon Energy Limited |
| Jan 2018 | Funding round | ₹4.85 Cr | Investors: Suzlon Energy Limited |
| Jun 2017 | Funding round | ₹6.66 Cr | Investors: Suzlon Energy Limited , UPC Solar India(HK) Limited |
| Mar 2017 | Funding round | ₹7.85 Cr | Investors: Suzlon Energy Limited |
To see the full deal history of Gale Solarfarms Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gale Solarfarms Limited has 7 court cases on record: 5 filed by Gale Solarfarms, 2 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 3 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dhule, Maharashtra | Civil suit | Filed by the company against Samruddhi Energy and Infrastructure Private Limited 3 and 32 others | Pending |
| High Court | Company petition | Filed by the company against individuals | Pending |
| High Court, MAHARASHTRA | Court case (APPLN) | Filed by the company against The Divisional Commissioner, Nashik Division, Nashik and 5 others | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Divisional Commissioner, Nashik Division, Nashik and 5 others | Pending |
| High Court, MAHARASHTRA | Court case (APPLN) | Filed against the company by an individual | Disposed |
To see the full case history of Gale Solarfarms 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
Gale Solarfarms Limited was last rated by Indiarating on 12 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 12 Jan 2021 |
To see the full credit ratings and regulatory alerts of Gale Solarfarms Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gale Solarfarms Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gale Solarfarms has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG9599L1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gale Solarfarms Limited, buy the company report.
Recent activity
Gale Solarfarms Limited has 31 board changes on record since 2016: 9 appointments and 22 cessations. The latest: Mathew Oommen was appointed as Additional Director on 01 Oct 2025.
37 earlier events are in the company report.
Frequently asked questions
Gale Solarfarms is an active public limited company based in New Delhi, Delhi, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 27 March 2015 (11+ years old) and is registered under CIN U40106DL2015PLC415125.
Gale Solarfarms has 9 current directors and KMP:
- Naveen Munjal - Director
- Mitesh Bhupendra Trivedi - Director
- Durga Ravinuthala - Director
- Sunil Ranjeetmal Jain - Director
- Mithun Puttu Gole - Additional Director
- Mathew Oommen - Additional Director
- Amit Narendra Mehta - Manager
- Harshwardhan Suresh Kakkar - Company Secretary
- Anurag Ashok Deshmukh - Cfo
The latest financial statements of Gale Solarfarms on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gale Solarfarms is 27AAFCG9599L1ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Gale Solarfarms is U40106DL2015PLC415125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gale Solarfarms has 7 court cases on record: 5 filed by the company and 2 filed against it. 4 are pending. Most are in the high courts.
Gale Solarfarms was incorporated on 27 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Gale Solarfarms has 12 deals on record (4 funding rounds, 3 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹53.12 Cr; the latest was in November 2018.
The peers of Gale Solarfarms by revenue are Azure Power Infrastructure Private Limited, Avaada Mhkhamgaon Private Limited, Amplus Energy Solutions Private Limited, First Energy 3 Private Limited, Sand Land Real Estates Private Limited and 4 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Mathew Oommen was appointed as Additional Director on 01 Oct 2025. Mithun Puttu Gole was appointed as Additional Director on 01 Oct 2025. Harshwardhan Suresh Kakkar was appointed as Company Secretary on 22 Aug 2025. Gale Solarfarms has 31 board changes on record in total.
Gale Solarfarms can be reached through the website clpgroup.com. Its registered office is in New Delhi, Delhi, India.