Kushtagi Solar Power Private Limited - Company Profile

It is a environment private limited company based in Malad West, Maharashtra, India, established in 2017.
2017 Malad West, Maharashtra, India Active
Last Updated:
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About Kushtagi Solar Power Private Limited

Kushtagi Solar Power Private Limited, a active private limited company, was established on 29 December 2017 in Malad West, Maharashtra, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U40106MH2017PTC415535. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Mallikarjuna Ukkadala (Director), Urvi Nitesh Shah (Director). Past directors included Manikkan Sangameswaran, Kailash Chand Mor, Mallikarjuna Ukkadala. It holds ₹62.50 Cr open charges and ₹58.50 Cr settled loans. Its latest AGM occurred on 18 September 2025, with the balance sheet filed on 31 March 2025. It is based at 611, Synergy Court, Off., Ramchandra Lane, Kanchpada,, Malad West, Maharashtra, 400064.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U40106MH2017PTC415535

  • Registration Number

    415535

  • Incorporation Date

    29 December 2017

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 62.50 Cr
  • Satisfied Charges ₹ 58.50 Cr
  • Revenue Growth **** 4.41%
  • Profit Growth **** -59.11%
  • Ebitda **** 2.27%
  • Net Worth -110.07%
  • Total Assets **** 8.50%
Company report

Kushtagi Solar Power Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Kushtagi Solar Power 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 Kushtagi Solar Power Private Limited?
Current Directors
Name Designation Appointment Date Status
Mallikarjuna Ukkadala Director 14 Mar 2022 Current
Urvi Nitesh Shah Director 14 Mar 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 14 Mar 2022 Past
Pramod Abcsdd Director 16 Jan 2020 Past
Pramod Abcsdd Additional Director 29 Sep 2022 Past
Pramod Abcsdd Additional Director 29 Sep 2022 Past
Pramod Abcsdd Additional Director 12 Nov 2020 Past
Pramod Abcsdd Director 16 Jan 2020 Past

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Financial Performance of Kushtagi Solar Power.

Kushtagi Solar Power Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.41% increase. The company also saw a substantial fall in profitability, with a 59.11% decrease in profit. The company's net worth observed a substantial decline by a decrease of 110.07%.

Kushtagi Solar Power revenue growth over time
Kushtagi Solar Power profit and loss trends over time
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
  • 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
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 4.41%
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*******
*******
*******
Revenue from Operations
*******
 4.79%
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*******
*******
*******
Total Assets
*******
 8.50%
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*******
*******
*******
Profit or Loss
*******
 -59.11%
*******
*******
*******
*******
Net Worth
*******
 -110.07%
*******
*******
*******
*******
EBITDA
*******
 2.27%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Kushtagi Solar Power?

In 2023, Kushtagi Solar Power had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹625,000,000.00

Satisfied Charges

₹585,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 62.50 Cr
Latest Charge Details
Date Lender Amount Status
09 Dec 2022 Others ₹62.50 Cr Open
25 Jun 2018 Others ₹58.50 Cr Satisfied

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How Many Employees Work at Kushtagi Solar Power?

Unlock and access historical data on people associated with Kushtagi Solar Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kushtagi Solar Power, 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 Kushtagi Solar Power's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Kushtagi Solar Power
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Kushtagi Solar Power Private Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Kushtagi Solar Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 625.00 M registered on 09 Dec 2022 with Charge ID 100660300 was modified on 30 Jan 2024. was documented.

  • Charges

    Progress on A charge registered on 25 Jun 2018 via Charge ID 100200597 with Others was fully satisfied on 19 Jan 2023. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 625.00 M with Charge ID 100660300 was registered on 09 Dec 2022. was documented.

  • Charges

    A charge with Others of Rs. 585.00 M registered on 25 Jun 2018 with Charge ID 100200597 was modified on 02 Sep 2022. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Kushtagi Solar Power Private Limited?

The CIN of Kushtagi Solar Power Private Limited is U40106MH2017PTC415535.

Where is Kushtagi Solar Power Private Limited headquartered?

Kushtagi Solar Power Private Limited is headquartered at 611, Synergy Court, Off., Ramchandra Lane, Kanchpada,, Malad West, Maharashtra, 400064.

When was Kushtagi Solar Power Private Limited incorporated?

Kushtagi Solar Power Private Limited was incorporated on 29 December 2017.

Who are the current directors of Kushtagi Solar Power Private Limited?

The current directors of Kushtagi Solar Power Private Limited are

What is the primary industry of Kushtagi Solar Power Private Limited?

The primary industry of Kushtagi Solar Power Private Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Kushtagi Solar Power Private Limited a listed company?

Kushtagi Solar Power Private Limited is unlisted.

What is the capital structure of Kushtagi Solar Power Private Limited?

The authorized capital of Kushtagi Solar Power Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Kushtagi Solar Power Private Limited?

The compliance status of Kushtagi Solar Power Private Limited is Compliant.

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