Startup India Government of India
Ikshvaku Energy LLP
Ikshvaku Energy LLP - environment in Morbi, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2026
₹1.03 Cr
▼ 20% YoY
Net profit · FY 2026
₹17.02 Lakh
Net margin 16.6%
EBITDA · FY 2026
₹47.83 Lakh
EBITDA margin 46.7%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹1.49 Cr
Satisfied ₹4.49 Cr
LLP age
7 yrs
Est. 2019
Designated partners
4
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Ikshvaku Energy LLP
Data last updated:
Ikshvaku Energy LLP is a limited liability partnership (LLP) based in Morbi, Gujarat, India, recognised as a startup by DPIIT. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 19 February 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAO-3186.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Shital Kaushikbhai Detroja and Sonal Kuldeepbhai Patel.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Survey No. 147 Opp. Windmill Substation At: Vejalpar Ta:Maliya(Miyana), Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2026, the LLP reported a revenue of ₹1.03 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹17.02 Lakh (net margin 16.6%) and EBITDA of ₹47.83 Lakh (EBITDA margin 46.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
As per MCA filings, the LLP has open charges of ₹1.49 Cr and satisfied charges of ₹4.49 Cr on record.
Ikshvaku Energy LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0001084).
Company details
LLPIN AAO-3186
Incorporation Date 19 February 2019
Total Obligation of Contribution ₹1 Lakh
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-32-0001084
Key People
Shital Kaushikbhai Detroja Partner Sonal Kuldeepbhai Patel Designated Partner Shrey Hareshbhai Charola Designated Partner Recognitions & Rankings of Ikshvaku Energy
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-32-0001084
Contact details
Ikshvaku Energy LLP's registered office is in Morbi, Gujarat.
- Registered AddressSurvey No. 147 Opp. Windmill Substation At: Vejalpar Ta:Maliya(Miyana), Morbi, Gujarat, India – 363642
- IndustryEnvironment, Solar Energy Solutions
Comprehensive company report
Ikshvaku Energy LLP - one report that includes everything
- 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
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Financials of Ikshvaku Energy LLP
FY 2025 filings availableIkshvaku Energy LLP reported revenue of ₹1.03 Cr (down 20% YoY) for FY 2026.
Revenue · FY 2026
₹1.03 Cr ▼ 20%
Net profit · FY 2026
₹17.02 Lakh margin 16.6%
EBITDA · FY 2026
₹47.83 Lakh margin 46.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 7%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 22%
5 years · compounded
▼ 11%
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 31% 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
| Statement of Account and Solvency | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profit After Tax | ₹17.02 Lakh | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Net Profit Margin | 16.6% | ||||
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To see the full financial statements and ratios of Ikshvaku Energy LLP, buy the company report.
Designated partners of Ikshvaku Energy LLP
Ikshvaku Energy has 4 current designated partners and 4 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shital Kaushikbhai Detroja Also directs: Ilios Energy LLP, Siddham Energy LLP | Partner | 20 Apr 2019 | 7 Years 6 Months | Current |
| Sonal Kuldeepbhai Patel | Designated Partner | 20 Apr 2019 | 7 Years 6 Months | Current |
| Shrey Hareshbhai Charola Also directs: Ilios Energy LLP, Siddham Energy LLP | Designated Partner | 01 Sep 2025 | 1 Years 1 Months | Current |
| Rajeshbhai Madhavjibhai Panchotiya | Designated Partner | 01 Sep 2025 | 1 Years 1 Months | Current |
Charges & borrowings
Open charges
₹1.49 Cr
Satisfied charges
₹4.49 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2022 | 100648526 | Axis Bank Limited | ₹1.49 Cr | Satisfied | |
| 01 Aug 2019 | 100284831 | State Bank of India | ₹3 Cr | Satisfied |
To see the full charge records of Ikshvaku Energy LLP, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ikshvaku Energy LLP 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 Ikshvaku Energy LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ikshvaku Energy LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ikshvaku Energy LLP has 8 designated partner changes on record since 2019: 7 appointments and 1 cessation. The latest: Rajeshbhai Madhavjibhai Panchotiya was appointed as Designated Partner on 01 Sep 2025.
Appointed
Rajeshbhai Madhavjibhai Panchotiya was appointed as Designated Partner.
Appointed
Shrey Hareshbhai Charola was appointed as Designated Partner.
Charges
A charge registered on 17 Sep 2022 via Charge ID 100648526 with Axis Bank Limited was fully satisfied on 11 Jul 2025.
AGM
Ikshvaku Energy Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Ikshvaku Energy Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 149.32 Lakh registered on 17 Sep 2022 with Charge ID 100648526 was modified on 21 Nov 2022.
Charges
A charge registered on 01 Aug 2019 via Charge ID 100284831 with State Bank Of India was fully satisfied on 11 Oct 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 149.32 Lakh with Charge ID 100648526 was registered on 17 Sep 2022.
Charges
A charge with State Bank Of India amounted to Rs. 300.00 Lakh with Charge ID 100284831 was registered on 01 Aug 2019.
Appointed
Anil Morarji Panchotiya was appointed as Partner.
Appointed
Satishbhai Ganeshbhai Kasundra was appointed as Partner.
Appointed
Shital Kaushikbhai Detroja was appointed as Partner.
4 earlier events are in the company report.
Frequently asked questions
Ikshvaku Energy is an active limited liability partnership based in Morbi, Gujarat, India. The LLP works in solar energy solutions, within the environment industry. It was incorporated on 19 February 2019 (7+ years old) and is registered under LLPIN AAO-3186.
Ikshvaku Energy has 4 current designated partners:
- Shital Kaushikbhai Detroja - Partner
- Sonal Kuldeepbhai Patel - Designated Partner
- Shrey Hareshbhai Charola - Designated Partner
- Rajeshbhai Madhavjibhai Panchotiya - Designated Partner
The latest financial statements of Ikshvaku Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Ikshvaku Energy is AAO-3186. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Ikshvaku Energy was incorporated on 19 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rajeshbhai Madhavjibhai Panchotiya was appointed as Designated Partner on 01 Sep 2025. Shrey Hareshbhai Charola was appointed as Designated Partner on 01 Sep 2025. Anil Morarji Panchotiya was appointed as Partner on 20 Apr 2019. Ikshvaku Energy has 8 designated partner changes on record in total.
Yes, Ikshvaku Energy is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ikshvaku Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-32-0001084).
The registered office of Ikshvaku Energy is at Survey No. 147 Opp. Windmill Substation At: Vejalpar Ta:MaliyaMiyana, Morbi, Gujarat, India – 363642.
Ikshvaku Energy operates in the environment industry, in the solar energy solutions segment.