Kirloskar Solar Technologies Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Pune, Maharashtra, India, established in 2016.

2016 Pune, Maharashtra, India Active

Last Updated: December 17, 2025

About Kirloskar Solar Technologies Private Limited

Kirloskar Solar Technologies Private Limited, a active private limited company, was established on 16 November 2016 in Pune, Maharashtra, India. Engaging in electronic appliances retail & distribution within the manufacturing sector, it holds CIN: U29308PN2016PTC167173. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹7.50 Cr.

It upholds a compliant status. Employing 50 professional, Its leadership includes Ashwini Vijay Mali (Additional Director), George Verghese (Additional Director). Past directors included Raina Sarang Pande, Uday Yeshwant Bhende, Rahul Chandrakant Kirloskar. It holds ₹154.80 Cr open charges and ₹24.00 Cr settled loans. Its latest AGM occurred on 28 July 2025, with the balance sheet filed on 31 March 2025. It is based at Training Centre Facility, Laxmanrao Kirloskar Road Khadki, Pune, Maharashtra, 411003.

Company Details

CIN/LLPIN
U29308PN2016PTC167173
Registration Number
167173
Incorporation Date
16 November 2016
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹7.50 Cr
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 17-12-2025
Paid Up Capital ₹ 7.50 Cr as on 17-12-2025
Company Age 9 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 154.80 Cr as on 17-12-2025
Satisfied Charges ₹ 24.00 Cr as on 17-12-2025
Revenue Growth **** 82.07% (FY 2022)
Profit Growth **** -26.15% (FY 2022)
Ebitda **** 35.72% (FY 2022)
Net Worth 25.17% (FY 2022)
Total Assets **** 76.53% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Kirloskar Solar Technologies Private 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 Kirloskar Solar Technologies Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ashwini Vijay Mali	Additional Director	30 Sep 2025	Current
George Verghese	Additional Director	30 Sep 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Key Managerial Personnel	-	Past
Pramod Abcsdd	Director	24 Oct 2017	Past
Pramod Abcsdd	Director	-	Past
Pramod Abcsdd	Director	-	Past

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Financial Performance of Kirloskar Solar Technologies.

Kirloskar Solar Technologies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 82.07% increase. The company also saw a substantial fall in profitability, with a 26.15% decrease in profit. The company's net worth Soared by an impressive increase of 25.17%.

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

********

82.07%

*******

Revenue from Operations

*******

81.65%

*******

Total Assets

*******

76.53%

*******

Profit or Loss

*******

-26.15%

*******

Net Worth

*******

25.17%

*******

EBITDA

*******

35.72%

*******

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What is the Ownership and Shareholding Structure of Kirloskar Solar Technologies?

In 2023, Kirloskar Solar Technologies had a promoter holding of 100.00%. 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

₹1,548,000,000.00

Satisfied Charges

₹240,000,000.00

Charges Breakdown by Lending Institutions

Others : 154.80 Cr

Latest Charge Details

Date	Lender	Amount	Status
29 Nov 2024	Others	₹9.75 Cr	Open
11 Apr 2022	Others	₹140.00 Cr	Open
28 Jul 2021	Others	₹5.05 Cr	Open
18 Nov 2021	Yes Bank Limited	₹20.00 Cr	Satisfied
27 Oct 2017	Yes Bank Limited	₹4.00 Cr	Satisfied

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How Many Employees Work at Kirloskar Solar Technologies?

Kirloskar Solar Technologies has a workforce of 50 employees as of Apr 06, 2024. 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 Kirloskar Solar Technologies, 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 Kirloskar Solar Technologies'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 Kirloskar Solar Technologies

Recent Activity within the Organization

Director Appointment

Ashwini Vijay Mali was appointed as a Additional Director was appointed as a Additional Director on 30 Sep 2025 & has been associated with this company since 4 months 14 days . was recorded as a recent event.
30 Sep 2025
Director Appointment

George Verghese was appointed as a Additional Director was appointed as a Additional Director on 30 Sep 2025 & has been associated with this company since 4 months 14 days . was recorded as a recent event.
30 Sep 2025
Annual General Meeting

The activity Kirloskar Solar Technologies Private Limited last Annual general meeting of members was held on 28 Jul 2025 as per latest MCA records. was completed.
28 Jul 2025
Balance Sheet

Progress on Kirloskar Solar Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was documented.
31 Mar 2025
Charges

A charge with Others of Rs. 5.05 Cr registered on 28 Jul 2021 with Charge ID 100471596 was modified on 27 Mar 2025. was recorded as a recent event.
27 Mar 2025
Charges

The activity A charge with Others of Rs. 140.00 Cr registered on 11 Apr 2022 with Charge ID 100570079 was modified on 21 Jan 2025. was completed.
21 Jan 2025

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