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.
The last known website on record is tatapower.com.
CIN History of Mi Mysolar24 Private Limited
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 |
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- 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
- 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 Mi Mysolar24 Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | 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 Mi Mysolar24 Private Limited FY 2024 filings available
Mi Mysolar24 Private Limited reported revenue of ₹23.57 Cr (up 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Mi Mysolar24 Private Limited
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 of Mi Mysolar24 Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹21.2 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.93 Cr | •••• | •••• | •••• | •••• |
| 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 Mi Mysolar24 Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 Mi Mysolar24 are in the company report.
Financial statements from 2015
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.
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 of Mi Mysolar24 Private Limited
Mi Mysolar24 Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.
| 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) | •••• | •••• | 7.0% | •••• | 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 |
Peers are the five companies nearest above and the five nearest below Mi Mysolar24 by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mi Mysolar24 Private Limited
Mi Mysolar24 Private Limited is audited by S R B C & CO LLP for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R B C & CO LLP | 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.
Ownership and Shareholding of Mi Mysolar24 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 Mi Mysolar24 Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Aug 2017 | Hdfc Bank Limited | ₹76 Cr | Satisfied |
| 03 Apr 2012 | Others | ₹53.25 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Mi Mysolar24 Private Limited
Mi Mysolar24 Private Limited has a workforce of 1 employees as of Apr 08, 2024.
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 Mi Mysolar24 Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mi Mysolar24 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 Mi Mysolar24 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 Mi Mysolar24 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 Mi Mysolar24 Private Limited
Mi Mysolar24 has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCM4584N1ZY | Gujarat | Active | 01 Jul 2017 |
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 Mi Mysolar24 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.
Related news about Mi Mysolar24 Private Limited
Frequently Asked Questions about Mi Mysolar24 Private Limited
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.
Mi Mysolar24 reported revenue of ₹23.57 Cr for FY 2023 (up 7% YoY).
Mi Mysolar24 has an authorised share capital of ₹20 Cr and a paid-up capital of ₹18.05 Cr.
Mi Mysolar24 reported a net profit of ₹10.93 Cr (net margin 46.4%) and EBITDA of ₹21.2 Cr (EBITDA margin 90%) for FY 2023, as per its filed financial statements.
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.