About Jet Solar Limited
Data last updated: 08 January 2026
Jet Solar Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 27 September 2001, the company has been in operation for over 25 years.
Registered with ROC Mumbai under CIN L43222MH2001PLC133483. Listed on BSE: 538794.
Capital: an authorised share capital of ₹14 Cr and a paid-up capital of ₹11.88 Cr. Formerly known as Jet Infraventure Private Limited and Jet Info (India) Private Limited. It is led by directors including Nirav Arun Modi and Dipesh Dhirajlal Maru.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.31 Cr, a growth of 114% compared to the previous year.
The company is associated with 1 brand - Jet Infraventure. As per MCA filings, the company has satisfied charges of ₹5.22 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 jetinfra.com.
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Registered AddressOffice No.1 Nandanvan Business Centre E – Wing 1 Flr Nandanvan Apt Kandivali Link Road Kandi, Vali West, Mumbai, Maharashtra, India – 400067
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Jet Solar Limited
Jet Solar Limited has undergone 3 name changes throughout its history. The company was previously known as Jet Infraventure Private Limited, Jet Info (India) Private Limited, and Jet Solar Limited. The current legal name is Jet Solar Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Jet Solar Limited | Current |
| Jet Infraventure Private Limited | Previous |
| Jet Info (India) Private Limited | Previous |
CIN History of Jet Solar Limited
Jet Solar Limited has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L43222MH2001PLC133483, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L43222MH2001PLC133483 | Current |
| L45400MH2001PLC133483 | Previous |
| U72900MH2001PTC133483 | Previous |
| U45400MH2001PTC133483 | Previous |
| U45400MH2001PLC133483 | Previous |
Associated Brands with Jet Solar Limited
Jet Solar Limited operates one associated brand: Jet Infraventure. These brands represent Jet Solar Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provider of brokerage services for buying, selling and renting residential properties | jetinfra.com |
Competitors & Alternatives of Jet Solar Limited
Brands and companies operating in the same space as Jet Solar Limited include Godrej Properties, Vingroup, Lendlease and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Godrej Properties
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Residential and commercial properties are developed by Godrej Properties. | Mumbai, India, India | 1990 |
Vingroup
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Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam, Vietnam | 1993 |
Lendlease
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Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia, Australia | 1958 |
Frasers Property
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Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
Sunac
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Residential and commercial real estate development is conducted by Sunac. | Shanghai, China, China | 2003 |
Lodha Group
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Developer of residential and commercial real estate properties | Mumbai, India, India | 1980 |
Vanke
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Real estate properties are developed in over 50 cities. | Shenzhen, China, China | 1984 |
Eiffage
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Eiffage is engaged in construction, energy, and infrastructure concessions. | Paris, France, France | 1920 |
City Developments
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Real estate development and management services are provided globally. | Singapore, Singapore, Singapore | 1963 |
Business Activity of Jet Solar Limited
Jet Solar Limited is engaged in the principal business activity of construction, with detailed activities including buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | ********* |
Auditor Details of Jet Solar Limited
Jet Solar Limited is audited by MITTAL & ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-05-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| MITTAL & ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-05-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Jet Solar Limited
Jet Solar Limited is currently managed by 7 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Nirav Arun Modi
Also directs:
Jet Solar Limited, Collab Oneness India Realty Private Limited
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Director | 29 May 2024 | 2 Years 1 Months | Current |
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Dipesh Dhirajlal Maru
Also directs:
Jet Solar Limited
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Director | 01 Oct 2021 | 4 Years 9 Months | Current |
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Rajul Rameshchandra Shah
Also directs:
Jet Solar Limited
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Managing Director | 05 Nov 2001 | 24 Years 8 Months | Current |
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Riddhi Krunal Shah
Also directs:
Jet Solar Limited
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Director | 09 May 2018 | 8 Years 2 Months | Current |
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Krunal Sailesh Shah
Also directs:
Jet Solar Limited
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Company Secretary | 22 Jul 2014 | 11 Years 11 Months | Current |
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Niddhi Anand Shah
Also directs:
Jet Solar Limited
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Director | 01 Apr 2025 | 1 Years 3 Months | Current |
Financials of Jet Solar Limited FY 2026 filings available
Jet Solar Limited reported revenue of ₹54.5 Lakh (up 0.17% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹54.5 Lakh | ₹54.41 Lakh | ₹35.32 Lakh | ₹45.81 Lakh | ₹36.05 Lakh | ₹15.01 Lakh | ₹43.68 Lakh | ₹2.75 Cr |
| Other Income | ₹1.54 Cr | ₹76.09 Lakh | ₹25.55 Lakh | ₹18 Lakh | ₹17.38 Lakh | ₹35.28 Lakh | ₹46.17 Lakh | ₹61.34 Lakh |
| Total Income | ₹2.09 Cr | ₹1.31 Cr | - | - | - | - | - | - |
| Cost of Materials Consumed | ₹0 | ₹2.5 Lakh | ₹1.75 Lakh | ₹10.31 Lakh | ₹2.06 Lakh | ₹7.42 Lakh | ₹23.38 Lakh | ₹2.62 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹38.3 Lakh | ₹37.33 Lakh | ₹5.78 Lakh | -₹25.48 Lakh | -₹12.25 Lakh | ₹3.75 Lakh | -₹8.18 Lakh | -₹78.79 Lakh |
| Employee Benefit Expense | ₹29.07 Lakh | ₹31.6 Lakh | ₹33.07 Lakh | ₹50.81 Lakh | ₹42.57 Lakh | ₹42.63 Lakh | ₹84.59 Lakh | ₹85.54 Lakh |
| Finance Costs | ₹10,000 | ₹5.12 Lakh | ₹2.83 Lakh | ₹34,000 | ₹4.52 Lakh | ₹17.41 Lakh | ₹16.63 Lakh | ₹20.63 Lakh |
| Other Expenses | ₹1.36 Cr | ₹47.76 Lakh | ₹10.81 Lakh | ₹21.46 Lakh | ₹11.53 Lakh | ₹16.83 Lakh | ₹15.61 Lakh | ₹34.66 Lakh |
| Total Expenses | ₹2.04 Cr | ₹1.25 Cr | ₹54.92 Lakh | ₹58.17 Lakh | ₹49.32 Lakh | ₹89.32 Lakh | ₹1.34 Cr | ₹3.25 Cr |
| Profit Before Tax | ₹4.93 Lakh | ₹5.58 Lakh | ₹5.95 Lakh | ₹5.64 Lakh | ₹4.11 Lakh | -₹39.03 Lakh | -₹43.81 Lakh | ₹10.83 Lakh |
| Total Tax Expense | ₹1.42 Lakh | ₹1.54 Lakh | ₹1,000 | ₹1,000 | ₹0 | -₹5,000 | -₹3.24 Lakh | ₹3.87 Lakh |
| Net Profit | ₹3.51 Lakh | ₹4.04 Lakh | ₹5.94 Lakh | ₹5.63 Lakh | ₹4.11 Lakh | -₹38.98 Lakh | -₹40.57 Lakh | ₹6.96 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹22.16 Cr | ₹22.66 Cr | ₹7.23 Cr | ₹7.44 Cr | ₹6.72 Cr | ₹7.96 Cr | ₹8.11 Cr | ₹8.82 Cr |
| Non-current Assets | ₹3.68 Lakh | ₹11.03 Lakh | ₹11.64 Lakh | ₹12.31 Lakh | ₹13.1 Lakh | ₹13.53 Lakh | ₹14.76 Lakh | ₹15.82 Lakh |
| Current Assets | ₹22.13 Cr | ₹22.55 Cr | ₹7.11 Cr | ₹7.32 Cr | ₹6.59 Cr | ₹7.83 Cr | ₹7.97 Cr | ₹8.66 Cr |
| Property, Plant & Equipment | ₹18,000 | ₹7.49 Lakh | - | - | - | - | - | - |
| Inventories | ₹1.41 Cr | ₹1.8 Cr | ₹2.17 Cr | ₹2.23 Cr | ₹1.97 Cr | ₹1.85 Cr | ₹1.89 Cr | ₹1.81 Cr |
| Cash & Equivalents | ₹35.1 Lakh | ₹1.42 Lakh | ₹3,000 | ₹18.98 Lakh | ₹17.4 Lakh | ₹48.35 Lakh | ₹29.66 Lakh | ₹8.55 Lakh |
| Equity (Net Worth) | ₹20.77 Cr | ₹16.91 Cr | - | - | - | - | - | - |
| Current Liabilities | ₹1.39 Cr | ₹4.8 Cr | ₹1.57 Cr | ₹1.84 Cr | ₹1.18 Cr | ₹2.46 Cr | ₹2.22 Cr | ₹2.52 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹4.17 Cr | -₹2.46 Cr | -₹34.11 Lakh | -₹33.33 Lakh | ₹90.66 Lakh |
| Investing Cash Flow | ₹1.61 Cr | -₹9.68 Cr | ₹25.73 Lakh | ₹18.06 Lakh | ₹16.91 Lakh |
| Financing Cash Flow | ₹2.87 Cr | ₹12.12 Cr | ₹26.57 Lakh | ₹30.92 Lakh | -₹1.38 Cr |
| Capital Expenditure | ₹0 | ₹0 | - | - | - |
| Free Cash Flow (computed) | -₹4.17 Cr | -₹2.46 Cr | - | - | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹31.7 Lakh | -₹2.52 Lakh | ₹18.19 Lakh | ₹15.65 Lakh | -₹30.87 Lakh |
Charges & Borrowings of Jet Solar Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Apr 2016 | State Bank of Travancore | ₹2.78 Cr | Satisfied |
| 06 Jul 2015 | State Bank of Travancore | ₹94 Lakh | Satisfied |
| 11 Oct 2010 | State Bank of Travancore | ₹25 Lakh | Satisfied |
| 11 Oct 2010 | State Bank of Travancore | ₹25 Lakh | Satisfied |
| 22 Sep 2009 | State Bank of Travancore | ₹55.4 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Jet Solar Limited
View historical data on people associated with Jet Solar Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Jet Solar Limited
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GST Compliance of Jet Solar Limited
GSTIN & GST Filing Data of Jet Solar Limited
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Credit Ratings, Litigation & Regulatory Alerts for Jet Solar Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Jet Solar Limited
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MSME Payment Delays by Jet Solar Limited
MSME Payment Delays by Jet Solar Limited
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Subsidiaries & Group Companies of Jet Solar Limited
Subsidiaries & Group Companies of Jet Solar Limited
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MCA Filings & Documents of Jet Solar Limited
MCA Filings & Documents of Jet Solar Limited
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Recent Activity on Jet Solar Limited
Frequently Asked Questions about Jet Solar Limited
Jet Solar Limited is an active public limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 27 September 2001 (25+ years old) and is registered under CIN L43222MH2001PLC133483. Listed on BSE: 538794.
Jet Solar Limited reported revenue of ₹1.31 Cr for FY 2025 (up 114.00% YoY).
The current directors of Jet Solar Limited are:
- Nirav Arun Modi
- Dipesh Dhirajlal Maru
- Krunal Sailesh Shah
- Rajul Rameshchandra Shah
- Ajay Vishnu Shinde
- Riddhi Krunal Shah
- Niddhi Anand Shah
The primary industry of Jet Solar Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Yes. Jet Solar Limited is listed on BSE with code 538794.
Jet Solar Limited can be reached at the registered office: Office No.1 Nandanvan Business Centre E – Wing 1 Flr Nandanvan Apt Kandivali Link Road Kandi, Vali West, Mumbai, Maharashtra, India – 400067, or through the website jetinfra.com.