About Growth Street Solar Private Limited
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Growth Street Solar Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Cleantech India Oa Pte. Ltd.. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 05 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2016PTC371280. Its GSTIN is 29AAGCG3641L1ZA (Karnataka).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.51 Cr. It is led by directors Vikash Agarwal and Ajay Gajanan Desai.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.89 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹36.3 Lakh (net margin -12.6%) and EBITDA of ₹2.48 Cr (EBITDA margin 86%).
As per MCA filings, the company has open charges of ₹16 Cr and satisfied charges of ₹30 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cleantechsolar.com.
Company details
CIN history
Growth Street Solar has one previous CIN (Corporate Identification Number): U40106DL2016PTC299146. The current CIN is U40106MH2016PTC371280, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106MH2016PTC371280 | Current |
| U40106DL2016PTC299146 | Previous |
Contact details
Growth Street Solar Private Limited's registered office is in Mumbai, Maharashtra. Its website is cleantechsolar.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address105 1st Flr E Wing Corporate Avenue, A K Link Rd Chakala Andheri E, Mumbai, Maharashtra, India – 400099
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Growth Street Solar 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 Growth Street Solar is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Growth Street Solar Private Limited, buy the company report.
Financials of Growth Street Solar Private Limited
FY 2025 filings availableGrowth Street Solar Private Limited reported revenue of ₹2.89 Cr (down 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year. EBITDA fell 33% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.48 Cr | ||||
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| Net Profit (PAT) | -₹36.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86% | ||||
| Net Profit Margin | -12.6% | ||||
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To see the full financial statements and ratios of Growth Street Solar Private Limited, buy the company report.
Board of directors of Growth Street Solar Private Limited
Growth Street Solar has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikash Agarwal Also directs: Anaveel Renewables Private Limited, Balang Renewables Private Limited, Putrim Renewables Private Limited and 5 more | Director | 09 Dec 2019 | 6 Years 11 Months | Current |
| Ajay Gajanan Desai Also directs: Zerach Renewables Energy Private Limited, Alchemy Renewables Private Limited, Karakoram Renewables Private Limited and 3 more | Director | 17 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Growth Street Solar Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electricity, gas, steam and air conditioning supply), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sree Jnanakshi Renewable Energy Private Limited | ₹2.93 Cr (FY 2024) | 40.0% | Bangalore, Karnataka, India | |||
| Growth Street Solar Private Limitedthis company | ₹2.89 Cr (FY 2025) | -₹36.3 Lakh | -12.6% | -33.0% | Mumbai, Maharashtra, India | |
| RL Clean Power Private Limited | ₹2.87 Cr (FY 2025) | -9.0% | Chennai, Tamil Nadu, India | |||
| 4Pel Sun Flash Private Limited | ₹2.86 Cr (FY 2025) | -2.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Growth Street Solar Private Limited, buy the company report.
Auditor
Growth Street Solar Private Limited is audited by R J N & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R J N & ASSOCIATES | FY 2022 | 019064S |
Shareholding
The shareholding of Growth Street Solar Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Growth Street Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 2021 | 100485360 | Sbicap Trustee Company Limited | ₹16 Cr | Open | |
| 20 Dec 2019 | 100310472 | Sbicap Trustee Company Limited | ₹15 Cr | Satisfied | |
| 23 May 2017 | 100115190 | Others | ₹15 Cr | Satisfied |
To see the full charge records of Growth Street Solar Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Growth Street Solar Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Growth Street Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Growth Street Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCG3641L1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Growth Street Solar Private Limited, buy the company report.
Recent activity
Growth Street Solar Private Limited has 13 board changes on record since 2017: 3 appointments and 10 cessations. The latest: Ajay Gajanan Desai ceased to be Additional Director on 29 Sep 2025.
10 earlier events are in the company report.
News
Frequently asked questions
Growth Street Solar is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 05 May 2016 (10+ years old) and is registered under CIN U40106MH2016PTC371280.
Growth Street Solar has 2 current directors:
- Vikash Agarwal - Director
- Ajay Gajanan Desai - Director
The latest financial statements of Growth Street Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Growth Street Solar is 29AAGCG3641L1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Growth Street Solar is U40106MH2016PTC371280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growth Street Solar was incorporated on 05 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Growth Street Solar by revenue are Sree Jnanakshi Renewable Energy Private Limited, RL Clean Power Private Limited, 4Pel Sun Flash Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electricity, gas, steam and air conditioning supply).
Ajay Gajanan Desai ceased to be Additional Director on 29 Sep 2025. Ajay Gajanan Desai was appointed as Director on 17 Sep 2025. Ankur Sinha ceased to be Additional Director on 17 Sep 2025. Growth Street Solar has 13 board changes on record in total.
Growth Street Solar can be reached through the website cleantechsolar.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Growth Street Solar is at 105 1st Flr E Wing Corporate Avenue, A K Link Rd Chakala Andheri E, Mumbai, Maharashtra, India – 400099.
Growth Street Solar operates in the environment industry, in the solar energy solutions segment.
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