About Maxvolt Solar Private Limited
Data last updated:
Maxvolt Solar Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 04 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC315266. Its GSTIN is 27AAMCM1432D1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Toushif Mohamad Murtuja Mohamad and Pankaj Virendrakumar Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 30 Arafat Colony Mahe, Nagpur, Maharashtra, India – 440013.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.15 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹4.78 Lakh (net margin 1.2%) and EBITDA of ₹7.79 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 121% over three years.
The company is associated with 1 brand: MaxVolt Solar. As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
For more details, the company can be reached via its website maxvoltsolar.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No 30 Arafat Colony Mahe, Nagpur, Maharashtra, India – 440013
- IndustryEnvironment, Solar Energy Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Maxvolt Solar Private Limited
The main business activity of Maxvolt Solar is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Maxvolt Solar Private Limited FY 2024 filings available
Maxvolt Solar Private Limited reported revenue of ₹4.15 Cr (up 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maxvolt Solar Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 121% over three years, including 38% growth in the latest year. EBITDA rose 11% 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 of Maxvolt Solar Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹7.79 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.78 Lakh | •••• | •••• | •••• | •••• |
| 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 of Maxvolt Solar Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Maxvolt Solar are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Maxvolt Solar Private Limited
Maxvolt Solar Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (EPC, BoP and BTG, Solar Power). Its own revenue is ₹4.15 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swelect Re Power Private Limited | ₹4.17 Cr | ₹65.49 Lakh | 16% | +4% | Chennai, Tamil Nadu, India | |
| Nextgen Cleantech Solutions Private Limited | ₹4.16 Cr | ₹6.46 Lakh | 2% | +95% | Mumbai, Maharashtra, India | |
| Transdeccan Electricals Private Limited | ₹4.16 Cr | ₹28.19 Lakh | 7% | +23% | Mumbai, Maharashtra, India | |
| Assure Energy Systems Private Limited | ₹4.16 Cr | ₹6.85 Lakh | 2% | +8% | Hyderabad, Telangana, India | |
| SD Integrated Private Limited | ₹4.15 Cr | ₹5.46 Lakh | 1% | +37% | Jabalpur, Madhya Pradesh, India | |
| Maxvolt Solar Private Limited this company | ₹4.15 Cr | ₹4.78 Lakh | 1.2% | Nagpur, Maharashtra, India | ||
| Vedanga Solar Energy Private Limited | ₹4.14 Cr | ₹28.38 Lakh | 7% | -2% | Guntur, Andhra Pradesh, India | |
| Abs Renew Power Private Limited | ₹4.14 Cr | ₹3.32 Lakh | 1% | -4% | 73 | Navi Mumbai, Maharashtra, India |
| Shivamshree Businesses Limited Listed | ₹4.14 Cr | ₹74.57 Lakh | -18% | -65% | 5 | New, Delhi, India |
| Ashwa Electric Private Limited | ₹4.13 Cr | ₹12.12 Lakh | -3% | Pollachi, Tamil Nadu, India | ||
| Echosol Solar India Private Limited | ₹4.13 Cr | ₹2.1 Lakh | 1% | +781% | Moradabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Maxvolt Solar by revenue in the Cleantech industry (EPC, BoP and BTG, Solar Power), from the latest filed financials of each company. Figures are as filed with the Ministry of Corporate Affairs or the stock exchanges.
Auditor Details of Maxvolt Solar Private Limited
Maxvolt Solar Private Limited is audited by RKAS & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RKAS & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maxvolt Solar Private Limited
Maxvolt Solar has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Ramiz Mohd Murtuza Siddiqui | Additional Director | 11 Oct 2022 | 3 Years 11 Months | Current |
| Toushif Mohamad Murtuja Mohamad | Director | 04 Oct 2018 | 8 Years 0 Months | Current |
| Pankaj Virendrakumar Agrawal Also directs: Shri Shyam Solar Energy LLP | Director | 05 May 2025 | 1 Years 5 Months | Current |
Ownership and Shareholding of Maxvolt Solar Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maxvolt Solar Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jul 2025 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Maxvolt Solar Private Limited
Maxvolt Solar Private Limited has 2 court cases on record: 1 filed by Maxvolt Solar, 1 filed against it. All cases are pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Rajmata Rice Industries Private Limited | Pending |
| District court, Nagpur, Maharashtra | Court case (Cri.Rev.App.) | Filed against the company by an individual | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Maxvolt Solar Private Limited
Maxvolt Solar operates one associated brand: MaxVolt Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar panel installation, products, and renewable energy solutions in India. | maxvoltsolar.com |
Employees and EPFO Compliance at Maxvolt Solar Private Limited
Employment history and EPFO contributions of people linked to Maxvolt Solar.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Maxvolt Solar Private Limited
Maxvolt Solar Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Mohd Ramiz Mohd Murtuza Siddiqui ceased to be Additional Director on 05 May 2025.
Credit Ratings, Litigation & Regulatory Alerts for Maxvolt Solar Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Maxvolt Solar Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maxvolt Solar Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Maxvolt Solar Private Limited
Maxvolt Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM1432D1ZQ | Maharashtra | Active | 29 Jan 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maxvolt Solar Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Maxvolt Solar Private Limited
Maxvolt Solar is an active private limited company based in Nagpur, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 04 October 2018 (8+ years old) and is registered under CIN U74999MH2018PTC315266.
Maxvolt Solar reported revenue of ₹4.15 Cr for FY 2024 (up 38% YoY).
Maxvolt Solar has 3 current directors:
- Mohd Ramiz Mohd Murtuza Siddiqui - Additional Director
- Toushif Mohamad Murtuja Mohamad - Director
- Pankaj Virendrakumar Agrawal - Director
Maxvolt Solar reported a net profit of ₹4.78 Lakh (net margin 1.2%) and EBITDA of ₹7.79 Lakh (EBITDA margin 1.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxvolt Solar is 121% over three years. In the latest year (FY 2024) revenue rose 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maxvolt Solar is 27AAMCM1432D1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maxvolt Solar is U74999MH2018PTC315266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxvolt Solar has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending.
Maxvolt Solar was incorporated on 04 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maxvolt Solar by revenue are Swelect Re Power Private Limited, Nextgen Cleantech Solutions Private Limited, Transdeccan Electricals Private Limited, Assure Energy Systems Private Limited, SD Integrated Private Limited and 5 more, all in the Cleantech industry (EPC, BoP and BTG, Solar Power).
Mohd Ramiz Mohd Murtuza Siddiqui ceased to be Additional Director on 05 May 2025. Pankaj Virendrakumar Agrawal was appointed as Director on 05 May 2025. Mohd Ramiz Mohd Murtuza Siddiqui was appointed as Additional Director on 11 Oct 2022. Maxvolt Solar has 5 board changes on record in total.