About Ibc Solar Projects Private Limited
Data last updated:
Ibc Solar Projects Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ibc Solar Energy Gmbh. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 25 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2012FTC236150. Its GSTIN is 27AADCI0639R1Z3 (Maharashtra). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹25.01 Cr. It is led by directors Patrik Maria Danz and Vishal Gulshan Vig.
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 ₹35.04 Lakh. For the same year it recorded a net profit of ₹5.21 Lakh (net margin 14.9%) and EBITDA of ₹5.21 Lakh (EBITDA margin 14.9%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 25% over five years.
The company is associated with 2 brands: IBC Solar and IBC SOLAR Energy. As per MCA filings, the company has satisfied charges of ₹203.1 Cr on record. The company has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹13.9 Cr; the latest was in March 2022. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 10 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ibc-solar-energy.com.
Company details
Contact details
Ibc Solar Projects Private Limited's registered office is in Mumbai, Maharashtra. Its website is ibc-solar-energy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address707 Lodha Supremus Senapati Bapat Marg, Lower Parel West Nr. Hdfc Bank House, Mumbai, Maharashtra, India – 400013
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Ibc Solar Projects 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
Brands
Ibc Solar Projects operates two associated brands: IBC Solar and IBC SOLAR Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar power system and module manufacturer | ibc-solar.com | |
| Develops and supplies solar panels and systems for renewable energy generation. | ibc-solar-energy.com |
Financials of Ibc Solar Projects Private Limited
FY 2025 filings availableIbc Solar Projects Private Limited reported revenue of ₹35.04 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years. EBITDA rose 115% 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 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 | ₹5.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.21 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.9% | ||||
| Net Profit Margin | 14.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ibc Solar Projects Private Limited, buy the company report.
Board of directors of Ibc Solar Projects Private Limited
Ibc Solar Projects has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Patrik Maria Danz | Director | 08 Aug 2023 | 3 Years 2 Months | Current |
| Vishal Gulshan Vig Also directs: Lhoist India Private Limited, Meggle India Pharma Excipients Private Limited, Jocos Healthcare Private Limited and 5 more | Director | 08 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Ibc Solar Projects Private Limited is audited by Gokhale & Sathe for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gokhale & Sathe | FY 2023 | 103264W |
Shareholding
The shareholding of Ibc Solar Projects Private 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 Ibc Solar Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2019 | 100310773 | Others | ₹105.1 Cr | Satisfied | |
| 05 Dec 2017 | 100143035 | Others | ₹98 Cr | Satisfied |
To see the full charge records of Ibc Solar Projects Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ibc Solar Projects Private Limited has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹13.9 Cr; the latest was in March 2022.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹1.32 Cr | Investors: IBC Solar Energy GMBH |
| Jan 2020 | Rights issue | ₹5.75 Cr | Investors: IBC Solar Energy GMBH |
| Jul 2019 | Funding round | ₹8.6 Cr | Investors: IBC Solar Energy GMBH |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: IBC Solar Energy GMBH, Ibc Solar Energy Gmbh & Sun Value Gmbh Seller: Ibc Solar Ag, Ibc Solar Ag & Sun Value Gmbh |
| Dec 2016 | Funding round | ₹5.3 Cr | Investors: Ibc Solar Ag |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ibc Solar Projects 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
Ibc Solar Projects Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 10 overdue payments 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 |
|---|---|---|---|
| Gokhale & Sathe |
To see the full MSME payment records of Ibc Solar Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ibc Solar Projects has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI0639R1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ibc Solar Projects Private Limited, buy the company report.
Recent activity
Ibc Solar Projects Private Limited has 14 board changes on record since 2014: 2 appointments and 12 cessations. The latest: Lars Oliver Degendorfer ceased to be Additional Director on 29 Sep 2023.
9 earlier events are in the company report.
News
Frequently asked questions
Ibc Solar Projects is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 25 September 2012 (14+ years old) and is registered under CIN U74999MH2012FTC236150.
Ibc Solar Projects has 2 current directors:
- Patrik Maria Danz - Director
- Vishal Gulshan Vig - Director
The latest financial statements of Ibc Solar Projects 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 2015 are in the company report.
The GSTIN of Ibc Solar Projects is 27AADCI0639R1Z3, registered in Maharashtra. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ibc Solar Projects is U74999MH2012FTC236150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ibc Solar Projects was incorporated on 25 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Ibc Solar Projects has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹13.9 Cr; the latest was in March 2022.
Lars Oliver Degendorfer ceased to be Additional Director on 29 Sep 2023. Patrik Maria Danz ceased to be Additional Director on 29 Sep 2023. Vishal Gulshan Vig ceased to be Additional Director on 29 Sep 2023. Ibc Solar Projects has 14 board changes on record in total.
Ibc Solar Projects has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 10 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Aug 2023.
Ibc Solar Projects can be reached through the website ibc-solar-energy.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ibc Solar Projects is at 707 Lodha Supremus Senapati Bapat Marg, Lower Parel West Nr. Hdfc Bank House, Mumbai, Maharashtra, India – 400013.