Madhav Solar (Vadodara Rooftop) Private Limited - Company Profile

It is a energy and power private limited company based in Vadodara, Gujarat, India, established in 2014.

2014 Vadodara, Gujarat, India Active

Last Updated: December 31, 2025

About Madhav Solar (Vadodara Rooftop) Private Limited

Madhav Solar (Vadodara Rooftop) Private Limited, a active private limited company, was established on 13 March 2014 in Vadodara, Gujarat, India. Engaging in power transmission & distribution services within the electricity, gas, steam and air condition supply sector, it holds CIN: U40106GJ2014PTC079133. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹18.01 Cr and a paid-up capital of ₹14.06 Cr.

It upholds a compliant status. Its leadership includes Mahesh Himatlal Puj (Director), Bhavesh Prabhulal Sheth (Additional Director). Past directors included Mahesh Himatlal Puj, Bindiya Ashok Khurana, Neelakshi Amit Khurana. It holds ₹2.96 Cr open charges and ₹33.72 Cr settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at Plot No 4, Madhav House Nr. Panchratna Building, Subhanpura, Vadodara, Gujarat, 390023.

Company Details

CIN/LLPIN
U40106GJ2014PTC079133
Registration Number
079133
Incorporation Date
13 March 2014
Authorized Capital
₹18.01 Cr
Paid-Up Capital
₹14.06 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 18.01 Cr as on 31-12-2025
Paid Up Capital ₹ 14.06 Cr as on 31-12-2025
Company Age 11 Year, 11 Months
Last Filing with ROC 31 Mar 2023
Open Charges ₹ 2.96 Cr as on 31-12-2025
Satisfied Charges ₹ 33.72 Cr as on 31-12-2025
Revenue Growth **** 11.91% (FY 2023)
Profit Growth **** -60.21% (FY 2023)
Ebitda **** -12.41% (FY 2023)
Net Worth 1.81% (FY 2023)
Total Assets -3.54% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Madhav Solar (Vadodara Rooftop) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Madhav Solar (Vadodara Rooftop) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mahesh Himatlal Puj	Director	25 Aug 2023	Current
Bhavesh Prabhulal Sheth	Additional Director	30 Jan 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Director	21 Mar 2016	Past
Pramod Abcsdd	Director	27 Aug 2014	Past
Pramod Abcsdd	Director	08 May 2019	Past
Pramod Abcsdd	Additional Director	27 Sep 2019	Past
Pramod Abcsdd	Director	25 May 2024	Past

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Financial Performance of Madhav Solar (Vadodara Rooftop).

Madhav Solar (Vadodara Rooftop) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.91% increase. The company also saw a substantial fall in profitability, with a 60.21% decrease in profit. The company's net worth moved up by a moderate rise of 1.81%.

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

********

11.91%

*******

Revenue from Operations

*******

17.24%

*******

Total Assets

*******

-3.54%

*******

Profit or Loss

*******

-60.21%

*******

Net Worth

*******

1.81%

*******

EBITDA

*******

-12.41%

*******

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What is the Ownership and Shareholding Structure of Madhav Solar (Vadodara Rooftop)?

In 2023, Madhav Solar (Vadodara Rooftop) 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

₹29,600,000.00

Satisfied Charges

₹337,200,000.00

Charges Breakdown by Lending Institutions

Sidbi : 2.96 Cr

Latest Charge Details

Date	Lender	Amount	Status
21 Mar 2024	Sidbi	₹2.96 Cr	Open
10 Jan 2022	Sidbi	₹1.72 Cr	Satisfied
24 Jul 2020	Sidbi	₹2.00 Cr	Satisfied
29 Apr 2015	Small Industries Development Bank Of India	₹30.00 Cr	Satisfied

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How Many Employees Work at Madhav Solar (Vadodara Rooftop)?

Unlock and access historical data on people associated with Madhav Solar (Vadodara Rooftop), 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Madhav Solar (Vadodara Rooftop), 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 Madhav Solar (Vadodara Rooftop)'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 Madhav Solar (Vadodara Rooftop)

Recent Activity within the Organization

Charges

A charge registered on 10 Jan 2022 via Charge ID 100520776 with Sidbi was fully satisfied on 30 May 2024. was recorded as a recent event.
30 May 2024
Charges

Progress on A charge registered on 24 Jul 2020 via Charge ID 100353130 with Sidbi was fully satisfied on 30 May 2024. was documented.
30 May 2024
Charges

The activity A charge registered on 29 Apr 2015 via Charge ID 10565397 with Small Industries Development Bank Of India was fully satisfied on 30 May 2024. was completed.
30 May 2024
Charges

A charge with Sidbi amounted to Rs. 2.96 Cr with Charge ID 100919543 was registered on 21 Mar 2024. was recorded as a recent event.
21 Mar 2024
Director Appointment

Progress on Bhavesh Prabhulal Sheth was appointed as a Additional Director was appointed as a Additional Director on 30 Jan 2024 & has been associated with this company since 2 years 25 days . was documented.
30 Jan 2024
Annual General Meeting

Madhav Solar (Vadodara Rooftop) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.
30 Sep 2023

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