Insolare Energy Limited - Company Profile

Q: Who are the current directors of Insolare Energy Limited?

The current directors of Insolare Energy Limited are Hemanshu Devshankar Bhatt, Kaikhushru Vicaji Taraporevala, Gajanan Vithal Gandhe, Pooja Bahry, Navashil Vinayak Sharma, Sunit Dharamveer Tyagi, Navashil Vinayak Sharma, Bhavesh Agal.

It is a energy public limited company based in City Ahmedabad, Gujarat, India, established in 2008.

2008 City Ahmedabad, Gujarat, India Active

Last Updated: January 05, 2026

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About Insolare Energy Limited

Insolare Energy Limited, a active public limited company, was established on 20 June 2008 in City Ahmedabad, Gujarat, India. Engaging in electric power generation within the electricity, gas, steam and air condition supply sector, it holds CIN: U45206GJ2008PLC155375. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹30.00 Cr and a paid-up capital of ₹11.77 Cr.

It upholds a compliant status. Employing 416 professional, Its leadership includes Hemanshu Devshankar Bhatt (Director), Kaikhushru Vicaji Taraporevala (Director), Gajanan Vithal Gandhe (Additional Director). Past directors included Parul Rai, Hemanshu Devshankar Bhatt, Kaikhushru Vicaji Taraporevala. It holds ₹441.17 Cr open charges and ₹14.88 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Office No. 501 To 505, Altimus, Nr. Blue Dart., B/H. Torrent Pharma Office, Off. Ashram Road, Riverfront (West), City Ahmedabad, Gujarat, 380009.

Company Details

CIN/LLPIN
U45206GJ2008PLC155375
Registration Number
155375
Incorporation Date
20 June 2008
Authorized Capital
₹30.00 Cr
Paid-Up Capital
₹11.77 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 30.00 Cr as on 05-01-2026
Paid Up Capital ₹ 11.77 Cr as on 05-01-2026
Company Age 17 Year, 8 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 441.17 Cr as on 05-01-2026
Satisfied Charges ₹ 14.88 Cr as on 05-01-2026
Revenue Growth **** -46.99% (FY 2024)
Profit Growth **** 2.47% (FY 2024)
Ebitda **** 26.88% (FY 2024)
Net Worth 379.57% (FY 2024)
Total Assets **** 167.11% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Insolare Energy Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Insolare Energy Limited?

Current Directors

Name	Designation	Appointment Date	Status
Hemanshu Devshankar Bhatt	Director	07 Sep 2010	Current
Kaikhushru Vicaji Taraporevala	Director	01 Oct 2021	Current
Gajanan Vithal Gandhe	Additional Director	26 Dec 2024	Current
Pooja Bahry	Additional Director	23 Jan 2025	Current
Navashil Vinayak Sharma	Director	28 Sep 2013	Current
Sunit Dharamveer Tyagi	Managing Director	01 Oct 2009	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	27 Dec 2016	Past
Pramod Abcsdd	Additional Director	30 Sep 2010	Past
Pramod Abcsdd	Additional Director	30 Nov 2021	Past
Pramod Abcsdd	Director	08 Nov 2013	Past
Pramod Abcsdd	Additional Director	29 Sep 2018	Past
Pramod Abcsdd	Director	08 Nov 2013	Past

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Financial Performance of Insolare Energy.

Insolare Energy Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 46.99% decrease. The company also saw a slight improvement in profitability, with a 2.47% increase in profit. The company's net worth Soared by an impressive increase of 379.57%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-46.99%

*******

Revenue from Operations

*******

-47.17%

*******

Total Assets

*******

167.11%

*******

Profit or Loss

*******

2.47%

*******

Net Worth

*******

379.57%

*******

EBITDA

*******

26.88%

*******

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What is the Ownership and Shareholding Structure of Insolare Energy?

In 2023, Insolare Energy had a promoter holding of 98.75% and a public holding of 1.25%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹4,411,700,000.00

Satisfied Charges

₹148,800,000.00

Charges Breakdown by Lending Institutions

Others : 312.75 Cr
Sbicap Trustee Company Limited : 65.00 Cr
Axis Bank Limited : 35.00 Cr
Yes Bank Limited : 25.00 Cr
Tjsb Sahakari Bank Limited : 3.42 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Oct 2025	Sbicap Trustee Company Limited	₹65.00 Cr	Open
30 Sep 2025	Others	₹125.00 Cr	Open
30 Sep 2025	Others	₹10.00 Cr	Open
22 Sep 2025	Others	₹15.00 Cr	Open
27 Mar 2025	Yes Bank Limited	₹25.00 Cr	Open

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How Many Employees Work at Insolare Energy?

Insolare Energy has a workforce of 416 employees as of Dec 15, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Insolare Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Insolare Energy's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Insolare Energy

Recent Activity within the Organization

Charges

A charge with Others of Rs. 50.00 Cr registered on 18 Jun 2024 with Charge ID 100946526 was modified on 28 Oct 2025. was recorded as a recent event.
28 Oct 2025
Charges

The activity A charge with Sbicap Trustee Company Limited amounted to Rs. 65.00 Cr with Charge ID 101183387 was registered on 10 Oct 2025. was completed.
10 Oct 2025
Charges

Progress on A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101173611 was registered on 30 Sep 2025. was documented.
30 Sep 2025
Charges

Progress on A charge with Others amounted to Rs. 125.00 Cr with Charge ID 101167085 was registered on 30 Sep 2025. was documented.
30 Sep 2025
Charges

Progress on A charge with Others of Rs. 125.00 Cr registered on 30 Sep 2025 with Charge ID 101167085 was modified on 30 Sep 2025. was documented.
30 Sep 2025
Charges

A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101169225 was registered on 22 Sep 2025. was recorded as a recent event.
22 Sep 2025

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