About Mahindra Solarize Private Limited
Data last updated: 17 December 2025
Mahindra Solarize Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra Sustainable Energy Private Limited. It specialises in solar energy solutions, a part of the broader environmental services sector. Incorporated on 06 April 2021, the company has been in operation for over 5 years.
Registered with ROC Mumbai under CIN U40106MH2021PTC358435.
Capital: an authorised share capital of ₹42 Cr and a paid-up capital of ₹40.21 Cr. It is led by directors including Ami Goda and Avinash Prabhakar Rao.
Last AGM: 15 July 2025. Financial statements filed for year ended 31 March 2025. Office: Mahindra Towers Pandurang Budhkar Marg Nr. Doordarshan Kendra Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2023, the company reported a revenue of ₹177.16 Cr, a growth of 9% compared to the previous year.
The company has a workforce of approximately 69 employees as per the latest available data. It operates as a subsidiary of Mahindra Sustainable Energy Private Limited. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Mahindra Solarize. As per MCA filings, the company has open charges of ₹175 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 mahindrasolarize.com.
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Registered AddressMahindra Towers Pandurang Budhkar Marg Nr. Doordarshan Kendra Worli, Mumbai, Maharashtra, India – 400018
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IndustryEnvironment, Solar Energy Solutions
- 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
Associated Brands with Mahindra Solarize Private Limited
Mahindra Solarize Private Limited operates one associated brand: Mahindra Solarize. These brands represent Mahindra Solarize Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers solar rooftop and water pump solutions for sustainable energy needs. | mahindrasolarize.com |
Competitors & Alternatives of Mahindra Solarize Private Limited
Brands and companies operating in the same space as Mahindra Solarize Private Limited include Servoteh, Borosil Renewables, SuKam Solar and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Servoteh
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Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | Delhi, India, India | 2004 |
Borosil Renewables
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Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | Mumbai, India, India | 1962 |
SuKam Solar
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Provider of range of products and services, including solar panels, inverters, and LED street lights for homes and industries | Gurugram, India, India | 1998 |
Gautam Solar
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Manufactures solar modules and power plants with high-efficiency technology in India. | Delhi, India, India | 1997 |
Nessa
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Offers solar consumer goods | Ahmedabad, India, India | 2008 |
HVR Solar
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Manufactures solar panels, batteries, and modules for renewable energy solutions in India. | Delhi, India, India | 2016 |
Ksolare Energy
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Manufactures solar inverters and EV chargers for renewable energy solutions. | Pune, India, India | 2012 |
KOSOL Energie
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Manufactures solar products, provides renewable energy systems, and offers EPC services internationally. | Ahmedabad, India, India | 2005 |
Dhash PV
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Provides comprehensive solutions for PV junction boxes, connectors, and cables for solar panels. | Bengaluru, India, India | 2017 |
Business Activity of Mahindra Solarize Private Limited
Mahindra Solarize Private Limited is engaged in the principal business activity of construction, with detailed activities including demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details for Mahindra Solarize Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Mahindra Solarize Private Limited
Mahindra Solarize Private Limited is audited by Mukund M. Chitale & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mukund M. Chitale & Co. | Locked | Locked | Locked |
Complete auditor history for Mahindra Solarize Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Mahindra Solarize Private Limited
Mahindra Solarize Private Limited is currently managed by 3 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 |
|---|---|---|---|---|
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Ami Goda
Also directs:
Mahindra Epc Irrigation Limited, Mahindra Agri Solutions Limited, Mahindra Hzpc Private Limited and 2 more
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Director | 20 Jun 2023 | 3 Years 2 Months | Current |
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Avinash Prabhakar Rao
Also directs:
Mahindra Teqo Private Limited, Mahindra Sustainable Energy Private Limited, Resurgence Solarize Urja Private Limited and 2 more
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Director | 15 Oct 2025 | 0 Years 10 Months | Current |
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Rakesh Khaitan
Also directs:
Mahindra Susten Private Limited, Illuminate Hybren Private Limited, Hazel Hybren Private Limited and 5 more
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Director | 26 Aug 2025 | 0 Years 11 Months | Current |
Financials of Mahindra Solarize Private Limited FY 2025 filings available
Mahindra Solarize Private Limited reported revenue of ₹177.16 Cr (up 9.00% YoY) for FY 2023.
Ten-year financial statements for Mahindra Solarize Private Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Mahindra Solarize Private Limited
Shareholding and ownership data for Mahindra Solarize Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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Group Structure of Mahindra Solarize Private Limited
Mahindra Solarize Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Mahindra Solarize Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Resurgence Solarize Urja Private Limited | U40106MH2022PTC389552 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Mahindra Solarize Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jan 2023 | Axis Bank Limited | ₹75 Cr | Open |
| 30 Dec 2021 | Others | ₹100 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Mahindra Solarize Private Limited
Mahindra Solarize Private Limited has a workforce of 69 employees as of Mar 31, 2024.
Employee and EPFO history for Mahindra Solarize Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
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GST Compliance of Mahindra Solarize Private Limited
GST registrations and filing compliance for Mahindra Solarize Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Mahindra Solarize Private Limited
Credit ratings, litigation, and regulatory alerts for Mahindra Solarize Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Mahindra Solarize Private Limited
MSME payment history for Mahindra Solarize Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Mahindra Solarize Private Limited
Corporate group structure for Mahindra Solarize Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Mahindra Solarize Private Limited
MCA filings and documents for Mahindra Solarize Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Mahindra Solarize Private Limited
Recent News on Mahindra Solarize Private Limited
Frequently Asked Questions about Mahindra Solarize Private Limited
Mahindra Solarize Private Limited is an active private limited company in the environment sector based in Mumbai, Maharashtra, India. It was incorporated on 06 April 2021 (5+ years old) and is registered under CIN U40106MH2021PTC358435. The company has 69 employees.
Mahindra Solarize Private Limited reported revenue of ₹177.16 Cr for FY 2023 (up 9.00% YoY).
The current directors of Mahindra Solarize Private Limited are:
- Ami Goda - Director
- Avinash Prabhakar Rao - Director
- Rakesh Khaitan - Director
The primary industry of Mahindra Solarize Private Limited is environment. The company specifically operates in solar energy solutions. The company is currently active in this sector.
Mahindra Solarize Private Limited can be reached at the registered office: Mahindra Towers Pandurang Budhkar Marg Nr. Doordarshan Kendra Worli, Mumbai, Maharashtra, India – 400018, or through the website mahindrasolarize.com.
The authorised capital is ₹42 Cr, and the paid-up capital is ₹40.21 Cr.