About LNB Solar Energy Private Limited
Data last updated:
LNB Solar Energy Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Lnb Renewable Energy Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 07 November 2012.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U40300WB2012PTC188041. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10.1 Cr and a paid-up capital of ₹10.05 Cr. It was led by directors including Vivek Tibrewalla and Rohan Jhawar.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.9 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹3.83 Cr (net margin 98.2%) and EBITDA of ₹3.83 Cr (EBITDA margin 98.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 15% over five years.
Its group structure included 6 subsidiaries.
The company was associated with 1 brand: L N Bangur Group. As per MCA filings, the company had satisfied charges of ₹192 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is lnbgroup.com.
Company details
Contact details
LNB Solar Energy Private Limited's registered office is in Kolkata, West Bengal. Its website is lnbgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7, Munshi Premchand Sarani Hastings India, Kolkata, West Bengal, India – 700022
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of LNB Solar Energy Private Limited, buy the company report.
- 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
Brands
LNB Solar Energy operates one associated brand: L N Bangur Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A business conglomerate was founded in 1918 in Kolkata, India. | lnbgroup.com |
Financials of LNB Solar Energy Private Limited
FY 2024 filings availableLNB Solar Energy Private Limited reported revenue of ₹3.9 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 15% growth in the latest year. EBITDA rose 15% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.83 Cr | ||||
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| Net Profit (PAT) | ₹3.83 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 98.2% | ||||
| Net Profit Margin | 98.2% | ||||
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To see the full financial statements and ratios of LNB Solar Energy Private Limited, buy the company report.
Board of directors of LNB Solar Energy Private Limited
LNB Solar Energy has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Tibrewalla | Director | 18 Mar 2020 | 6 Years 7 Months | As last reported |
| Rohan Jhawar Also directs: Agrajay Greeneries Private Limited, Swastine Greenpark Private Limited, Suruchaye Greeneries Private Limited and 5 more | Director | 19 Oct 2021 | 5 Years 0 Months | As last reported |
| Sheetal Bangur Also directs: Soul Beauty & Wellness Centre LLP, Eminence Cropfield Private Limited, Samay Industries Limited and 1 more | Director | 07 Nov 2012 | 13 Years 11 Months | As last reported |
| Shree Prakash Pandey | Director | 27 Dec 2012 | 13 Years 10 Months | As last reported |
Auditor
LNB Solar Energy Private Limited is audited by Agarwal Maheswari & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Agarwal Maheswari & Co. | FY 2023 | 314030E |
Shareholding
The shareholding of LNB Solar Energy Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of LNB Solar Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2018 | 100224298 | Others | ₹96 Cr | Satisfied | |
| 09 Feb 2017 | 100079494 | Others | ₹96 Cr | Satisfied |
To see the full charge records of LNB Solar Energy Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
LNB Solar Energy Private Limited has 1 court case on record: 1 filed by LNB Solar Energy. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of LNB Solar Energy Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for LNB Solar Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
LNB Solar Energy has 6 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Yasheshvi Greenhub Private Limited | U01403WB2013PTC193144 | |
| Sidhidata Solar Urja Limited | U40102WB2012PLC185897 | |
| Palimarwar Solar House Private Limited | U40109WB2013PTC190217 | |
| Palimarwar Solar Project Private Limited | U40300WB2013PTC190595 | |
| Janardan Wind Energy Private Limited | U40300WB2013PTC190628 | |
| Jubilee Hills Residency Limited | U70109WB2012PLC183846 |
To see the full group structure of LNB Solar Energy Private Limited, buy the company report.
GST
LNB Solar Energy has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of LNB Solar Energy Private Limited, buy the company report.
Recent activity
LNB Solar Energy Private Limited has 11 board changes on record since 2012: 4 appointments and 7 cessations. The latest: Rohan Jhawar ceased to be Additional Director on 29 Sep 2022.
6 earlier events are in the company report.
News
Frequently asked questions
LNB Solar Energy has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
LNB Solar Energy was a private limited company based in Kolkata, West Bengal, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 07 November 2012 and is registered under CIN U40300WB2012PTC188041. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
LNB Solar Energy was incorporated on 07 November 2012. It is registered with the Registrar of Companies, Kolkata.
LNB Solar Energy had 4 directors:
- Vivek Tibrewalla - Director
- Rohan Jhawar - Director
- Sheetal Bangur - Director
- Shree Prakash Pandey - Director
The CIN (Corporate Identification Number) of LNB Solar Energy is U40300WB2012PTC188041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of LNB Solar Energy is at 7, Munshi Premchand Sarani Hastings India, Kolkata, West Bengal, India – 700022.
LNB Solar Energy can be reached through the website lnbgroup.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of LNB Solar Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
No. LNB Solar Energy has 1 GST registration on record and it is cancelled or inactive.
LNB Solar Energy operated in the environment industry, in the solar energy solutions segment.
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