DPIIT recognised startup Government of India
Startup India
Maksolar Systems Private Limited
Maksolar Systems Private Limited - consumer electronics & durables in Alwar, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.65 Cr
▲ 3364% YoY
Net loss · FY 2025
₹9,780
Net margin -0.1%
EBITDA · FY 2025
₹4.07 Lakh
EBITDA margin 2.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹18 Lakh
Issued & subscribed
Open charges
₹36 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Maksolar Systems Private Limited
Data last updated:
Maksolar Systems Private Limited is a private limited company based in Alwar, Rajasthan, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 26 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74999RJ2019PTC065454. Its GSTIN is 08AAMCM7695N1ZC (Rajasthan).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18 Lakh. It is led by directors Pawan Kumar Sharma and Bablu Ram Meena.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O Hajari Lal Sharma Near Post Office Beech Ki Gali Machari, Alwar, Rajasthan, India – 301408.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.65 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9,780 (net margin -0.1%) and EBITDA of ₹4.07 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 57% over five years.
As per MCA filings, the company has open charges of ₹36 Lakh on record. The company has 1 deal on record (1 rights issue); the latest was in March 2022. Its 6 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 4 smaller; the largest is Narada Energy India Private Limited with revenue of ₹1.65 Cr.
Maksolar Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-02-0027012).
Company details
CIN U74999RJ2019PTC065454
Registration Number 065454
Incorporation Date 26 June 2019
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-RJ-02-0027012
Recognitions & Rankings of Maksolar Systems
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-02-0027012
Contact details
Maksolar Systems Private Limited's registered office is in Alwar, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Hajari Lal Sharma Near Post Office Beech Ki Gali Machari, Alwar, Rajasthan, India – 301408
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Maksolar Systems Private Limited, buy the company report.
Comprehensive company report
Maksolar Systems Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Maksolar Systems is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Maksolar Systems Private Limited, buy the company report.
Financials of Maksolar Systems Private Limited
FY 2025 filings availableMaksolar Systems Private Limited reported revenue of ₹1.65 Cr (up 3364% YoY) for FY 2025.
Revenue · FY 2025
₹1.65 Cr ▲ 3364%
Net loss · FY 2025
₹9,780 margin -0.1%
EBITDA · FY 2025
₹4.07 Lakh margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 7%
5 years · compounded
▲ 57%
EBITDA CAGR growth
1 year
▲ 206%
3 years · compounded
▲ 28%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 57% over five years. EBITDA rose 206% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9,780 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Maksolar Systems Private Limited, buy the company report.
Board of directors of Maksolar Systems Private Limited
Maksolar Systems has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar Sharma Also directs: Saurmitra Power Private Limited | Director | 26 Jun 2019 | 7 Years 3 Months | Current |
| Bablu Ram Meena | Director | 26 Jun 2019 | 7 Years 3 Months | Current |
Peer comparison
Maksolar Systems Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Narada Energy India Private Limited | ₹1.65 Cr (FY 2025) | -72.0% | Gurgaon, Haryana, India | |||
| Rupaly Techno Services Private Limited | ₹1.65 Cr (FY 2025) | 66.0% | Delhi, India | |||
| Maksolar Systems Private Limitedthis company | ₹1.65 Cr (FY 2025) | -₹9,780 | -0.1% | 3364.0% | Alwar, Rajasthan, India | |
| Lumelux India OPC Private Limited | ₹1.65 Cr (FY 2023) | 70.0% | Delhi, India | |||
| Source Smart India Private Limited | ₹1.64 Cr (FY 2024) | 86.0% | Jaipur, Rajasthan, India | |||
| Toreador Marketing Private Limited | ₹1.64 Cr (FY 2021) | -45.0% | Jaipur, Rajasthan, India | |||
| Weaverbird Project Consultants Private Limited | ₹1.64 Cr (FY 2025) | 126.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Maksolar Systems Private Limited, buy the company report.
Auditor
Maksolar Systems Private Limited is audited by B S A P & ASSOCIATES LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S A P & ASSOCIATES LLP | FY 2021 | C400026 |
Shareholding
The shareholding of Maksolar Systems Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maksolar Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹36 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2024 | 101013960 | Others | ₹6 Lakh | Open | |
| 04 Oct 2022 | 100649798 | Axis Bank Limited | ₹30 Lakh | Open |
Total charge records: 2 View all charges
Deals & funding
Maksolar Systems Private Limited has 1 deal on record (1 rights issue); the latest was in March 2022.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹11 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Maksolar Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maksolar Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maksolar Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAMCM7695N1ZC | Rajasthan | Active | 17 Jul 2019 |
To see the full GST registrations and return filing status of Maksolar Systems Private Limited, buy the company report.
Recent activity
Maksolar Systems Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Bablu Ram Meena was appointed as Director on 26 Jun 2019.
AGM
Maksolar Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maksolar Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Others amounted to Rs. 6.00 Lakh with Charge ID 101013960 was registered on 15 Nov 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 100649798 was registered on 04 Oct 2022.
Appointed
Bablu Ram Meena was appointed as Director.
Appointed
Pawan Kumar Sharma was appointed as Director.
Incorporation
26 Jun 2019
Maksolar Systems Private Limited was registered on 26 Jun 2019 with Roc Jaipur & aged 7 years 3 months as per MCA records.
Frequently asked questions
Maksolar Systems is an active private limited company based in Alwar, Rajasthan, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 26 June 2019 (7+ years old) and is registered under CIN U74999RJ2019PTC065454.
Maksolar Systems has 2 current directors:
- Pawan Kumar Sharma - Director
- Bablu Ram Meena - Director
The latest financial statements of Maksolar Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Maksolar Systems is 08AAMCM7695N1ZC, registered in Rajasthan.
The CIN (Corporate Identification Number) of Maksolar Systems is U74999RJ2019PTC065454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maksolar Systems was incorporated on 26 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Jaipur.
Maksolar Systems has 1 deal on record (1 rights issue); the latest was in March 2022.
The peers of Maksolar Systems by revenue are Narada Energy India Private Limited, Rupaly Techno Services Private Limited, Lumelux India OPC Private Limited, Source Smart India Private Limited, Toreador Marketing Private Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Bablu Ram Meena was appointed as Director on 26 Jun 2019. Pawan Kumar Sharma was appointed as Director on 26 Jun 2019.
Yes, Maksolar Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Maksolar Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-02-0027012).