Megasolis Renewables Private Limited - Company Profile

It is a environment private limited company based in Mumbai, Maharashtra, India, established in 2010.
2010 Mumbai, Maharashtra, India Active
Last Updated:
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About Megasolis Renewables Private Limited

Megasolis Renewables Private Limited, a active private limited company, was established on 26 July 2010 in Mumbai, Maharashtra, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U40300MH2010PTC205946. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹900.00 Cr and a paid-up capital of ₹321.63 Cr.

Formerly known as Mahindra Offgrid Services Private Limited. It upholds a compliant status. Its leadership includes Devjeet Ghosh (Director), Piyush Pannalal Jain (Director), Niraj Bhupendrakumar Shah (Director). Past directors included Basant Kumar Jain, Rakesh Khaitan, Rakesh Shyamvir Singh. It holds ₹6,391.47 Cr open charges and ₹3,576.29 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at Cowrks, Ground Floor, Winchester, South Avenue Road, Downtown, Powai, Mumbai, Maharashtra, 400076.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U40300MH2010PTC205946

  • Registration Number

    205946

  • Incorporation Date

    26 July 2010

  • Authorized Capital

    ₹900.00 Cr

  • Paid-Up Capital

    ₹321.63 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 900.00 Cr
  • Paid Up Capital ₹ 321.63 Cr
  • Company Age 15 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 6,391.47 Cr
  • Satisfied Charges ₹ 3,576.29 Cr
  • Revenue Growth **** 16.69%
  • Profit Growth **** 26.35%
  • Ebitda **** 8.11%
  • Net Worth 9.31%
  • Total Assets -0.06%
Company report

Megasolis Renewables Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Megasolis Renewables Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Megasolis Renewables Private Limited?
Current Directors
Name Designation Appointment Date Status
Devjeet Ghosh Director 10 Jan 2024 Current
Piyush Pannalal Jain Director 10 Jan 2024 Current
Niraj Bhupendrakumar Shah Director 26 Apr 2024 Current
Gaurav Malhotra Director 10 Jan 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 23 Sep 2013 Past
Pramod Abcsdd Cfo(Kmp) 25 Apr 2018 Past
Pramod Abcsdd Additional Director 16 Jul 2020 Past
Pramod Abcsdd Director 31 Mar 2019 Past
Pramod Abcsdd Director 17 Aug 2022 Past
Pramod Abcsdd Ceo(Kmp) 25 Apr 2018 Past

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Financial Performance of Megasolis Renewables.

Megasolis Renewables Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.69% increase. The company also saw a substantial improvement in profitability, with a 26.35% increase in profit. The company's net worth moved up by a moderate rise of 9.31%.

Megasolis Renewables revenue growth over time
Megasolis Renewables profit and loss trends over time
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
  • 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
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 16.69%
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*******
*******
Revenue from Operations
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 13.28%
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*******
*******
Total Assets
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 -0.06%
*******
*******
*******
*******
Profit or Loss
*******
 26.35%
*******
*******
*******
*******
Net Worth
*******
 9.31%
*******
*******
*******
*******
EBITDA
*******
 8.11%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Megasolis Renewables?

In 2023, Megasolis Renewables had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹63,914,653,473.00

Satisfied Charges

₹35,762,850,000.00

Charges Breakdown by Lending Institutions
  • Others : 6384.44 Cr
  • Axis Bank Limited : 7.03 Cr
Latest Charge Details
Date Lender Amount Status
30 Jun 2025 Axis Bank Limited ₹1.37 M Open
24 Jun 2025 Axis Bank Limited ₹2.82 M Open
22 Jan 2025 Axis Bank Limited ₹6.60 Cr Open
17 Jan 2025 Axis Bank Limited ₹0.10 M Open
23 Jul 2024 Others ₹4,900.00 Cr Open

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How Many Employees Work at Megasolis Renewables?

Unlock and access historical data on people associated with Megasolis Renewables, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Megasolis Renewables, 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 Megasolis Renewables's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Megasolis Renewables
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 05 Aug 2024 via Charge ID 100967656 with Axis Bank Limited was fully satisfied on 26 Nov 2025. was documented.

  • Annual General Meeting

    Megasolis Renewables Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 4,900.00 Cr registered on 23 Jul 2024 with Charge ID 100953237 was modified on 23 Jul 2025. was recorded as a recent event.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.14 Cr with Charge ID 101125510 was registered on 30 Jun 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 0.28 Cr with Charge ID 101118891 was registered on 24 Jun 2025. was completed.

  • Director Appointment

    Progress on Vidhi Anil Salot was appointed as a Company Secretary was appointed as a Company Secretary on 04 Jun 2025 & has been associated with this company since 8 months 16 days . was documented.

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Recent News, Updates & Announcement
  • Megasolis Renewables news update on market trends
    Mahindra & Adani Partner to Expand EV Charging Network Across India, Tata Power and Oil Companies Join In.

    Mahindra & Mahindra, a car company, teamed up with Adani Total Energies E-Mobility to build electric vehicle charging stations all over India. This will make it easier for people to charge their electric cars and help India reach its climate goals. Mahindra XUV400 owners can now access over 1,100 chargers through the Bluesense+ app. Tata Power is also installing over 500 charging points across India, with a market share of 60%. Oil companies are also starting to offer EV charging at their petrol pumps..

    Business Today

  • Megasolis Renewables news update on market trends
    Mahindra & Mahindra and Adani Total Energies Team Up to Bring Electric SUVs to India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.

    Mahindra & Mahindra + Adani Total Energies = SUVs go electric in India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.

    Blogger

  • Megasolis Renewables news update on market trends
    Bandhan Bank and M&M sign MoU to offer attractive commercial vehicle and equipment financing solutions.

    Mumbai, March 19, 2024:  Bandhan Bank, one of India’s fastest-growing private sector banks has signed a Memorandum of Understanding (MoU) with Mahindra & Mahindra, a leading commercial vehicle manufacturer of the country, to offer convenient fina.

    OdishaDiary

  • Megasolis Renewables news update on market trends
    Thrust Zone.

    Mahindra, which has recently spent a lot of time at the trademark office, has registered other names, which could be used for its upcoming electric cars. XUV 7XO, XUV 1X0, XUV 5XO, XUV 3XO. The XUV 3XO can be used for the Mahindra XUV400 facelift scheduled to launch this year. But since this model is already in the market, Mahindra can launch a sub-4 meter version of the XUV400 and use the new name, which is said to be in the making. The above names refer to electric vehicle models already on the market (XUV400) or introduced by the car manufacturer (XUV e8). But the remaining two names – XUV 5XO and XUV 1XO – could indicate upcoming electric models from Mahindra. The XUV 5XO is expected to be a Creta-sized electric SUV, a rival to the upcoming MG ZS EV and Tata Curvv EV. The only electric SUV in India. With these 4 models, Mahindra will have an electric SUV in all popular SUV segments. XUV 1X0 will be the KUV 100 Electric which almost saw a launch and was forgotten entirely after 2021. Also announced and launched in 2022, Mahindra has announced a new line of all-electric SUVs – the BE series. They must have the same name assigned to them at presentation time. The BE 05, BE 07 and BE 09 will be stand-alone models and will be different from other Mahindra electric vehicles as they will be built on a new dedicated platform as part of the Born Electric range. The electric version of the Mahindra XUV700 is expected to launch later this year. As for the BE series, BE 05, scheduled to launch at the end of 2025, will be the first product in this product line to enter the market..

    Thrust Zone

  • Megasolis Renewables news update on market trends
    Shares worth Rs 2,184 crore change hands; promoter likely seller.

    Moneycontrol

  • Megasolis Renewables news update on market trends
    Exclusive: M&M promoter entity looking to sell stake worth $215 mn via block deal.

    Moneycontrol

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Frequently Asked Questions
What is the CIN of Megasolis Renewables Private Limited?

The CIN of Megasolis Renewables Private Limited is U40300MH2010PTC205946.

Where is Megasolis Renewables Private Limited headquartered?

Megasolis Renewables Private Limited is headquartered at Cowrks, Ground Floor, Winchester, South Avenue Road, Downtown, Powai, Mumbai, Maharashtra, 400076.

When was Megasolis Renewables Private Limited incorporated?

Megasolis Renewables Private Limited was incorporated on 26 July 2010.

Who are the current directors of Megasolis Renewables Private Limited?

The current directors of Megasolis Renewables Private Limited are

What is the primary industry of Megasolis Renewables Private Limited?

The primary industry of Megasolis Renewables Private Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Megasolis Renewables Private Limited a listed company?

Megasolis Renewables Private Limited is unlisted.

What is the capital structure of Megasolis Renewables Private Limited?

The authorized capital of Megasolis Renewables Private Limited is ₹900.00 Cr, and the paid-up capital is ₹321.63 Cr.

What is the compliance status of Megasolis Renewables Private Limited?

The compliance status of Megasolis Renewables Private Limited is Compliant.

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