About Goldi Solar Private Limited
Data last updated:
Goldi Solar Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 23 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40100MH2011PTC350073. Its GSTIN is 27AAECG1248F1ZU (Maharashtra). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹1.7 Cr. It was formerly known as Goldi Green Technologies Private Limited. It is led by directors including Dhruv Ishverbhai Dholakiya and Ishverbhai Arjanbhai Dholakiya (Officer In Default).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 706 Siddharth Nagar No – 04 Bldg. No – 14 – A Vlg Pahadi S.V. Road Goregaon West, Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,450.29 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net profit of ₹145.94 Cr (net margin 4.2%) and EBITDA of ₹321.97 Cr (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 84% over three years and 54% over five years.
The company has about 106 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: GOLDI and Goldi Solar. As per MCA filings, the company has open charges of ₹2,344.97 Cr and satisfied charges of ₹137.32 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goldi.one.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address706 Siddharth Nagar No – 04 Bldg. No – 14 – A Vlg Pahadi S.V. Road Goregaon West, Mumbai, Maharashtra, India – 400062
- IndustryEnergy and Power, Power Equipment Manufacturers, Power EPC, BoP & BTG Services
- 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
- One PDF report, delivered after checkout
Business Activity of Goldi Solar Private Limited
The main business activity of Goldi Solar is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Goldi Solar Private Limited FY 2025 filings available
Goldi Solar Private Limited reported revenue of ₹3,450.29 Cr (up 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Goldi Solar Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 96% growth in the latest year. EBITDA rose 154% 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 of Goldi Solar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹321.97 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹145.94 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Goldi Solar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Goldi Solar are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Goldi Solar Private Limited
Goldi Solar Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eastman Auto & Power Limited | ₹3,681.22 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Panasonic India Private Limited | ₹3,526.75 Cr (FY 2021) | •••• | •••• | -19.0% | •••• | Gurgaon, Haryana, India |
| Livguard Energy Technologies Private Limited | ₹3,519.36 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Gurgaon, Haryana, India |
| Resonia Limited | ₹3,463.21 Cr (FY 2025) | •••• | •••• | 749.0% | •••• | Haryana, India |
| Vikram Solar Limited | ₹3,459.53 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Kolkata, West Bengal, India |
| Goldi Solar Private Limited this company | ₹3,450.29 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | Mumbai, Maharashtra, India |
| Dixon Electro Appliances Private Limited | ₹3,344.32 Cr (FY 2025) | •••• | •••• | 386.0% | •••• | Noida, Uttar Pradesh, India |
| Signify Innovations India Limited | ₹3,142.7 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Orient Electric Limited Listed | ₹3,105.52 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bhubaneswar, Odisha, India |
| Jakson Green Limited | ₹3,052.44 Cr (FY 2025) | •••• | •••• | 105.0% | •••• | Delhi, India |
| Universal Mep Projects & Engineering Services Limited | ₹2,859.33 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Goldi Solar by revenue in the Power industry (EPC, BoP and BTG, Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Goldi Solar Private Limited
Goldi Solar Private Limited is audited by SNK& CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SNK& CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Goldi Solar Private Limited
Goldi Solar has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhruv Ishverbhai Dholakiya | Director | 20 Jul 2024 | 2 Years 2 Months | Current |
| Ishverbhai Arjanbhai Dholakiya | Officer In Default | 01 Mar 2025 | 1 Years 7 Months | Current |
| Prag Kumar Bhatnagar | Nominee Director | 18 Sep 2025 | 1 Years 0 Months | Current |
Ownership and Shareholding of Goldi Solar Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Goldi Solar Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2025 | Others | ₹95 Cr | Open |
| 25 Mar 2025 | Others | ₹40 Cr | Open |
| 04 Dec 2024 | Others | ₹40 Cr | Open |
| 27 Nov 2024 | Others | ₹1,079 Cr | Open |
| 17 Oct 2024 | Axis Bank Limited | ₹58 Cr | Open |
Total charge records: 22 View all charges
Legal Cases of Goldi Solar Private Limited
Goldi Solar Private Limited has 10 court cases on record: 5 filed by Goldi Solar, 4 filed against it, 1 where it is another party. 2 cases are pending and 8 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 2 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Um Green Lighting Private Limited | Pending |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Bharat Heavy Electricals Limited | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Um Green Lighting Private Limited | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Shubham Goldiee Masale Private Limietd | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Goldi Solar Private Limited
Goldi Solar Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 261 overdue payments to 48 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 48)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Nyalkaran Energy LLP | •••• | •••• | •••• |
| Unique Sun Power LLP | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Goldi Solar Private Limited
Goldi Solar operates two associated brands: GOLDI and Goldi Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar panel manufacturing, EPC services, and renewable energy solutions in India. | goldi.one | |
| Manufacturer of solar PV modules | goldisolar.com |
Employees and EPFO Compliance at Goldi Solar Private Limited
Goldi Solar Private Limited has a workforce of 106 employees as of Oct 13, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Goldi Solar Private Limited
Goldi Solar has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Goldi Sun Private Limited | U40100MH2020PTC396893 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Goldi Solar Private Limited
Goldi Solar has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40100MH2011PTC350073, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100MH2011PTC350073 | Current |
| U40100GJ2011PTC064163 | Previous |
| U40100MH2011PLC350073 | Previous |
News related to Goldi Solar Private Limited
Recent Activity on Goldi Solar Private Limited
Goldi Solar Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Prag Kumar Bhatnagar was appointed as Nominee Director on 18 Sep 2025.
40 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Goldi Solar Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Goldi Solar Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Goldi Solar Private Limited
Goldi Solar has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECG1248F1ZU | Maharashtra | Active | 01 Jul 2017 |
| 09AAECG1248F1ZS | Uttar Pradesh | Active | 01 Jul 2017 |
| 24AAECG1248F1Z0 | Gujarat | Active | 01 Jul 2017 |
| 08AAECG1248F2ZT | Rajasthan | Active | 27 Oct 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Goldi Solar Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Goldi Solar Private Limited
Goldi Solar is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 23 February 2011 (15+ years old) and is registered under CIN U40100MH2011PTC350073.
Goldi Solar reported revenue of ₹3,450.29 Cr for FY 2025 (up 96% YoY).
Goldi Solar has 3 current directors:
- Dhruv Ishverbhai Dholakiya - Director
- Prag Kumar Bhatnagar - Nominee Director
- Ishverbhai Arjanbhai Dholakiya - Officer In Default
Goldi Solar reported a net profit of ₹145.94 Cr (net margin 4.2%) and EBITDA of ₹321.97 Cr (EBITDA margin 9.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Goldi Solar is 84% over three years and 54% over five years. In the latest year (FY 2025) revenue rose 96%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Goldi Solar is 27AAECG1248F1ZU, registered in Maharashtra. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 09AAECG1248F1ZS (Uttar Pradesh), 24AAECG1248F1Z0 (Gujarat), 08AAECG1248F2ZT (Rajasthan).
The CIN (Corporate Identification Number) of Goldi Solar is U40100MH2011PTC350073. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goldi Solar has 10 court cases on record: 5 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Goldi Solar was incorporated on 23 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Goldi Solar by revenue are Eastman Auto & Power Limited, Panasonic India Private Limited, Livguard Energy Technologies Private Limited, Resonia Limited, Vikram Solar Limited and 5 more, all in the Power industry (EPC, BoP and BTG, Electronic Appliances Manufacturing).
Prag Kumar Bhatnagar was appointed as Nominee Director on 18 Sep 2025. Ishverbhai Arjanbhai Dholakiya ceased to be Director on 11 Mar 2025. Ishverbhai Arjanbhai Dholakiya was appointed as Officer In Default on 01 Mar 2025. Goldi Solar has 8 board changes on record in total.
Goldi Solar has 13 MSME Form 1 returns on record between 2019 and 2024, listing 261 overdue payments to 48 micro and small suppliers. The latest return was filed on 11 Apr 2024.