About HR Sabarmati Private Limited
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HR Sabarmati Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Hinduja Renewables Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 29 April 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40107MH2022PTC381744. Its GSTIN is 27AAGCH2827K1ZD (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹91 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Ramesh Narayanswamy Subramanyam and Natarajan Chandrasekaran.
Its last annual general meeting (AGM) was held on 29 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 ₹40.57 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹69.11 Cr (net margin -170.3%) and EBITDA of -₹4.52 Cr (EBITDA margin -11.1%).
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2,667 Cr and satisfied charges of ₹350 Cr on record. Court records list 16 cases involving the company, including 16 filed against it; 16 cases are pending.
For more details, the company can be reached via its website hindujarenewables.com.
Company details
Contact details
HR Sabarmati Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressUnit No 1 Ground Floor Boston House, Suren Road Off. Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of HR Sabarmati 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
Financials of HR Sabarmati Private Limited
FY 2025 filings availableHR Sabarmati Private Limited reported revenue of ₹40.57 Cr (up 3037% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Depreciation and Amortisation | |||
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| EBITDA | -₹4.52 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹69.11 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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| Long-term Borrowings | |||
| Short-term Borrowings | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -11.1% | ||
| Net Profit Margin | -170.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of HR Sabarmati Private Limited, buy the company report.
Board of directors of HR Sabarmati Private Limited
HR Sabarmati 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 |
|---|---|---|---|---|
| Ramesh Narayanswamy Subramanyam Also directs: Hinduja Renewables Energy Private Limited, Hindustan Construction Company Limited, Ashok Leyland Defence Systems Limited and 1 more | Director | 16 Mar 2023 | 3 Years 7 Months | Current |
| Natarajan Chandrasekaran Also directs: Aasia Enterprises LLP, HR Saraswati Energy Private Limited, HR Dhauliganga Private Limited and 5 more | Director | 02 May 2022 | 4 Years 6 Months | Current |
| Deepaksingh Chandrasingh Thakur Also directs: HR Saraswati Energy Private Limited, HR Dhauliganga Private Limited, HR Ramganga Private Limited and 5 more | Additional Director | 23 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
HR Sabarmati Private Limited is compared with the 10 companies closest to it by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M T A Mills Private Limited | ₹41.24 Cr (FY 2025) | -8.0% | Coimbatore, Tamil Nadu, India | |||
| Walwhan Solar PB Limited | ₹41.22 Cr (FY 2023) | 0.0% | Mumbai, Maharashtra, India | |||
| Sunsure Energy Private Limited | ₹41.2 Cr (FY 2024) | -75.0% | Gurgaon, Haryana, India | |||
| Azure Power Rooftop (Genco.) Private Limited | ₹40.73 Cr (FY 2025) | 742.0% | New Delhi, Delhi, India | |||
| Alf Solar Amarsar Private Limited | ₹40.65 Cr (FY 2025) | Gurugram, Haryana, India | ||||
| HR Sabarmati Private Limitedthis company | ₹40.57 Cr (FY 2025) | -₹69.11 Cr | -170.3% | 3037.0% | 1 | Mumbai, Maharashtra, India |
| Juniper Green Cosmic Private Limited | ₹40.45 Cr (FY 2025) | 5517.0% | New Delhi, Delhi, India | |||
| Sri Valliarasii Yarns Private Limited | ₹40.23 Cr (FY 2025) | 14.0% | Coimbatore, Tamil Nadu, India | |||
| Ghatge Patil Consultancy Services Pvt Ltd | ₹40.09 Cr (FY 2025) | 13.0% | Kolhapur, Maharashtra, India | |||
| Mayfair Renewable Energy (I) Private Limited | ₹39.99 Cr (FY 2024) | 72.0% | Shiggaon, Karnataka, India | |||
| Azure Power Fifty Two Private Limited | ₹39.95 Cr (FY 2025) | 518704.0% | New Delhi, Delhi, India |
To see the full peer comparison of HR Sabarmati Private Limited, buy the company report.
Auditor
HR Sabarmati Private Limited is audited by S R B C & Co Llp for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & Co Llp | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of HR Sabarmati Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of HR Sabarmati Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Apr 2025 | 101086736 | Idbi Bank Limited | ₹21 Cr | Open | |
| 27 Sep 2024 | 100978792 | Others | ₹965 Cr | Open | |
| 27 Dec 2023 | 100837301 | Others | ₹1,681 Cr | Open | |
| 28 Nov 2023 | 100818833 | Others | ₹200 Cr | Satisfied | |
| 22 Nov 2023 | 100824290 | Others | ₹150 Cr | Satisfied |
To see the full charge records of HR Sabarmati Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
HR Sabarmati Private Limited has 16 court cases on record: 16 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 14 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Banaskanth at Palanpur, Gujarat | Civil suit | Filed against the company by an individual | Pending |
| District court, Banaskanth at Palanpur, Gujarat | Civil suit | Filed against the company by an individual | Pending |
| District court, Mahesana, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
| District court, Mahesana, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
| District court, Mahesana, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
To see the full case history of HR Sabarmati 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
HR Sabarmati Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Suresh Surana & Associates LLP |
To see the full MSME payment records of HR Sabarmati Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
HR Sabarmati Private Limited has a workforce of 1 employees on its EPFO records as of Mar 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 1 |
| FY 2023-24 |
To see the full employee and EPFO history of HR Sabarmati Private Limited, buy the company report.
GST
HR Sabarmati has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCH2827K1ZD | Maharashtra | Active | 01 Jul 2022 |
| 24AAGCH2827K1ZJ | Gujarat | Active | 22 Mar 2023 |
To see the full GST registrations and return filing status of HR Sabarmati Private Limited, buy the company report.
Recent activity
HR Sabarmati Private Limited has 8 board changes on record since 2022: 4 appointments and 4 cessations. The latest: Deepaksingh Chandrasingh Thakur was appointed as Additional Director on 23 Sep 2025.
8 earlier events are in the company report.
Frequently asked questions
HR Sabarmati 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 29 April 2022 (4+ years old) and is registered under CIN U40107MH2022PTC381744.
HR Sabarmati has 3 current directors:
- Ramesh Narayanswamy Subramanyam - Director
- Natarajan Chandrasekaran - Director
- Deepaksingh Chandrasingh Thakur - Additional Director
The latest financial statements of HR Sabarmati on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of HR Sabarmati is 27AAGCH2827K1ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAGCH2827K1ZJ (Gujarat).
The CIN (Corporate Identification Number) of HR Sabarmati is U40107MH2022PTC381744. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HR Sabarmati has 16 court cases on record: 16 filed against it. 16 are pending. Most are in the district courts.
HR Sabarmati was incorporated on 29 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of HR Sabarmati by revenue are M T A Mills Private Limited, Walwhan Solar PB Limited, Sunsure Energy Private Limited, Azure Power Rooftop (Genco.) Private Limited, Alf Solar Amarsar Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Deepaksingh Chandrasingh Thakur was appointed as Additional Director on 23 Sep 2025. Natarajan Chandrasekaran ceased to be Additional Director on 17 Aug 2023. Ramesh Narayanswamy Subramanyam ceased to be Additional Director on 17 Aug 2023. HR Sabarmati has 8 board changes on record in total.
HR Sabarmati has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.
HR Sabarmati can be reached through the website hindujarenewables.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of HR Sabarmati is at Unit No 1 Ground Floor Boston House, Suren Road Off. Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093.
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