About Mi Mysolar24 Private Limited
Data last updated:
Mi Mysolar24 Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Walwhan Renewable Energy Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 09 October 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2009PTC326791. Its GSTIN is 24AAGCM4584N1ZY (Gujarat). The company held 4 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹20 Cr and a paid-up capital of ₹18.05 Cr. It was led by directors including Bipin Narayan Kulkarni and Kaushik Sanyal.
Its last annual general meeting (AGM) was held on 09 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.57 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹10.93 Cr (net margin 46.4%) and EBITDA of ₹21.2 Cr (EBITDA margin 90%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹129.25 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The last known website on record is tatapower.com.
Company details
CIN history
Mi Mysolar24 has one previous CIN (Corporate Identification Number): U40106DL2009PTC195090. The current CIN is U40106MH2009PTC326791, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106MH2009PTC326791 | Current |
| U40106DL2009PTC195090 | Previous |
Contact details
Mi Mysolar24 Private Limited's registered office is in Mumbai, Maharashtra. Its website is tatapower.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered AddressC/O The Tata Power Company Limited Corporate Center B 34 Sant Tukaram Road Carnac B, Under, Mumbai, Maharashtra, India – 400009
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Mi Mysolar24 Private Limited, buy the company report.
- 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
Business activity
The main business activity of Mi Mysolar24 is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Mi Mysolar24 Private Limited, buy the company report.
Financials of Mi Mysolar24 Private Limited
FY 2024 filings availableMi Mysolar24 Private Limited reported revenue of ₹23.57 Cr (up 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 7% growth in the latest year. EBITDA fell 3% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹21.2 Cr | ||||
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| Net Profit (PAT) | ₹10.93 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90% | ||||
| Net Profit Margin | 46.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mi Mysolar24 Private Limited, buy the company report.
Board of directors and KMP of Mi Mysolar24 Private Limited
Mi Mysolar24 Private Limited currently reports 3 directors and 2 key managerial personnel. 26 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwinikumar Ganpatrao Patil | Ceo | 19 Aug 2020 | 6 Years 2 Months | As last reported |
| Bipin Narayan Kulkarni Also directs: TP Akkalkot Renewable Limited, TP Kirnali Solar Limited | Director | 24 Jun 2022 | 4 Years 3 Months | As last reported |
| Kaushik Sanyal | Director | 28 Apr 2023 | 3 Years 5 Months | As last reported |
| Prashant Vasant Joshi | Director | 25 Mar 2022 | 4 Years 6 Months | As last reported |
| Behram Phiroze Mehta | Cfo | 12 Mar 2019 | 7 Years 7 Months | As last reported |
Peer comparison
Mi Mysolar24 Private Limited is compared with the 10 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KN Muddebihal Solar Energy Private Limited | ₹23.95 Cr (FY 2023) | 44.0% | Ahmedabad, Gujarat, India | |||
| Belgaum Renewable Energy Private Limited | ₹23.95 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| Lone Cypress Ventures Private Limited | ₹23.9 Cr (FY 2025) | 2.0% | Noida, Uttar Pradesh, India | |||
| Talf Solar India Private Limited | ₹23.83 Cr (FY 2025) | 275.0% | New Delhi, Delhi, India | |||
| Speed Mecotronix Private Limited | ₹23.74 Cr (FY 2024) | 80.0% | Sengottai, Tamil Nadu, India | |||
| Mi Mysolar24 Private Limited this company | ₹23.57 Cr (FY 2023) | ₹10.93 Cr | 46.4% | 7.0% | 1 | Mumbai, Maharashtra, India |
| Walwhan Solar Ka Limited | ₹23.54 Cr (FY 2024) | 2.0% | Mumbai, Maharashtra, India | |||
| Sei Sooraj Renewable Energy Private Limited | ₹23.52 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Dreisatz Mysolar24 Private Limited | ₹23.4 Cr (FY 2024) | 4.0% | Mumbai, Maharashtra, India | |||
| Sei Sunshine Power Private Limited | ₹23.12 Cr (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| Tarun Kiran Bhoomi Private Limited | ₹23.11 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mi Mysolar24 Private Limited, buy the company report.
Auditor
Mi Mysolar24 Private Limited is audited by S R B C & CO LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2021 | 324982E/E300003 |
Shareholding
The shareholding of Mi Mysolar24 Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mi Mysolar24 Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 2017 | 100122334 | Hdfc Bank Limited | ₹76 Cr | Satisfied | |
| 03 Apr 2012 | 10348252 | Others | ₹53.25 Cr | Satisfied |
To see the full charge records of Mi Mysolar24 Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mi Mysolar24 Private Limited has 3 court cases on record: 2 filed by Mi Mysolar24, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Gujarat Urja Vikas Nigam Limited General Manager (Com) General Manager (Com) Sardar Patel Vidyut Bhavan, Race Course , District: Vadodara ,Vadodara , Gujarat | Pending |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Mi Mysolar24 Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Mi Mysolar24 Private Limited was last rated by Crisil on 04 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 04 Nov 2020 |
To see the full credit ratings and regulatory alerts of Mi Mysolar24 Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mi Mysolar24 Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mi Mysolar24 Private Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Mi Mysolar24 has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCM4584N1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mi Mysolar24 Private Limited, buy the company report.
Recent activity
Mi Mysolar24 Private Limited has 29 board changes on record since 2010: 5 appointments and 24 cessations. The latest: Kaushik Sanyal ceased to be Additional Director on 25 Sep 2023.
26 earlier events are in the company report.
News
Frequently asked questions
Mi Mysolar24 has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mi Mysolar24 was a private limited company based in Mumbai, Maharashtra, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 09 October 2009 and is registered under CIN U40106MH2009PTC326791. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mi Mysolar24 was incorporated on 09 October 2009. It is registered with the Registrar of Companies, Mumbai.
Mi Mysolar24 had 5 directors and KMP:
- Bipin Narayan Kulkarni - Director
- Kaushik Sanyal - Director
- Prashant Vasant Joshi - Director
- Ashwinikumar Ganpatrao Patil - Ceo
- Behram Phiroze Mehta - Cfo
The CIN (Corporate Identification Number) of Mi Mysolar24 is U40106MH2009PTC326791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mi Mysolar24 is at CO The Tata Power Company Limited Corporate Center B 34 Sant Tukaram Road Carnac B, Under, Mumbai, Maharashtra, India – 400009.
Mi Mysolar24 can be reached through the website tatapower.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Mi Mysolar24 on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 09 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mi Mysolar24 is 24AAGCM4584N1ZY, registered in Gujarat. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
Mi Mysolar24 operated in the environment industry, in the solar energy solutions segment.
The peers of Mi Mysolar24 by revenue are KN Muddebihal Solar Energy Private Limited, Belgaum Renewable Energy Private Limited, Lone Cypress Ventures Private Limited, Talf Solar India Private Limited, Speed Mecotronix Private Limited and 5 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).