Mihit Solar Power Private Limited
About Mihit Solar Power Private Limited
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Mihit Solar Power Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Vittanath Power Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 14 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U40108HR2015PTC054290. Its GSTIN is 03AAJCM5718P1Z1 (Punjab).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.12 Cr. It is led by directors including Vivek Agarwal and Rahul Nandlal Mishra.
Its last annual general meeting (AGM) was held on 06 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at First Floor Tower C Building 10, DLF Cyber City Phase – II Gurgaon Haryana 122002 India, Haryana, India – 122002.
As per the financials filed for FY 2025, the company reported a revenue of ₹84.25 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹10.8 Cr (net margin 12.8%) and EBITDA of ₹76.77 Cr (EBITDA margin 91.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹714 Cr and satisfied charges of ₹1,550.93 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 3 deals on record (2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹61.34 Cr; the latest was in November 2015. Its 7 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 3 smaller; the largest is Universal Biomass Energy Private Limited. with revenue of ₹87.21 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mihit Solar Power Private Limited's registered office is in Gurgaon, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFirst Floor Tower C Building 10, DLF Cyber City Phase – II Gurgaon Haryana 122002 India, Haryana, India – 122002
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Mihit Solar Power 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 Mihit Solar Power 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 Mihit Solar Power Private Limited, buy the company report.
Financials of Mihit Solar Power Private Limited
FY 2025 filings availableMihit Solar Power Private Limited reported revenue of ₹84.25 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 1% growth in the latest year. EBITDA fell 2% 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 |
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| EBITDA | ₹76.77 Cr | ||||
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| Net Profit (PAT) | ₹10.8 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 91.1% | ||||
| Net Profit Margin | 12.8% | ||||
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To see the full financial statements and ratios of Mihit Solar Power Private Limited, buy the company report.
Board of directors of Mihit Solar Power Private Limited
Mihit Solar Power has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Agarwal | Director | 03 Jan 2024 | 2 Years 10 Months | Current |
| Rahul Nandlal Mishra Also directs: Vittanath Power Private Limited, Pactex Life Private Limited, Solarcraft Power India 23 Private Limited and 5 more | Director | 03 Jan 2024 | 2 Years 10 Months | Current |
| Sumit Barat | Director | 30 Apr 2024 | 2 Years 6 Months | Current |
| Saurabh Vats | Director | 25 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Mihit Solar Power Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Universal Biomass Energy Private Limited. | ₹87.21 Cr (FY 2025) | 25.0% | Guruharsahai, Punjab, India | |||
| Juniper Green Sigma Private Limited | ₹86.21 Cr (FY 2025) | -15.0% | New Delhi, Delhi, India | |||
| Kamuthi Renewable Energy Limited | ₹85.52 Cr (FY 2023) | 20.0% | Ahmedabad, Gujarat, India | |||
| Grahati Solar Energy Private Limited | ₹84.47 Cr (FY 2025) | -2.0% | Gurgaon, Haryana, India | |||
| Mihit Solar Power Private Limitedthis company | ₹84.25 Cr (FY 2025) | ₹10.8 Cr | 12.8% | 1.0% | 1 | Gurgaon, Haryana, India |
| Hindustan Powerprojects Private Limited | ₹83.62 Cr (FY 2024) | 395.0% | New Delhi, Delhi, India | |||
| Inox Clean Energy Limited | ₹82.15 Cr (FY 2025) | 235.0% | Vadodara, Gujarat, India | |||
| Aditya Birla Renewables Solar Limited | ₹81.99 Cr (FY 2025) | 83.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mihit Solar Power Private Limited, buy the company report.
Auditor
Mihit Solar Power Private Limited is audited by D H A N A & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D H A N A & ASSOCIATES | FY 2023 | 510525C |
Shareholding
The shareholding of Mihit Solar Power Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mihit Solar Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2025 | 101091049 | Others | ₹357 Cr | Open | |
| 05 May 2025 | 101090042 | Others | ₹357 Cr | Open | |
| 17 Oct 2018 | 100214506 | Others | ₹393.65 Cr | Satisfied | |
| 04 Oct 2018 | 100207806 | Sbicap Trustee Company Limited | ₹393.65 Cr | Satisfied | |
| 30 Jan 2017 | 100079068 | Others | ₹29.63 Cr | Satisfied |
To see the full charge records of Mihit Solar Power Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Mihit Solar Power Private Limited has 3 deals on record (2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹61.34 Cr; the latest was in November 2015.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Acquisition | ₹80 Cr | Buyer: Vittanath Power Private Limited |
| Jan 2015 | Acquisition | ₹38 Lakh | Buyer: Vittanath Power Private Limited Seller: Acme Solar Energy Private Limited |
To see the full deal history of Mihit Solar Power Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mihit Solar Power Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mansa, Punjab | Civil suit | Filed against the company by an individual | Disposed |
| District court, Mansa, Punjab | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Mihit Solar Power 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mihit Solar Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mihit Solar Power Private Limited has a workforce of 1 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Mihit Solar Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAJCM5718P1Z1 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mihit Solar Power Private Limited, buy the company report.
Recent activity
Mihit Solar Power Private Limited has 22 board changes on record since 2016: 6 appointments and 16 cessations. The latest: Saurabh Vats ceased to be Additional Director on 05 Aug 2025.
29 earlier events are in the company report.
Frequently asked questions
Mihit Solar Power is an active private limited company based in Gurgaon, Haryana, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 14 January 2015 (11+ years old) and is registered under CIN U40108HR2015PTC054290.
Mihit Solar Power has 4 current directors:
- Vivek Agarwal - Director
- Rahul Nandlal Mishra - Director
- Sumit Barat - Director
- Saurabh Vats - Director
The latest financial statements of Mihit Solar Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mihit Solar Power is 03AAJCM5718P1Z1, registered in Punjab.
The CIN (Corporate Identification Number) of Mihit Solar Power is U40108HR2015PTC054290. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mihit Solar Power has 2 court cases on record: 2 filed against it.
Mihit Solar Power was incorporated on 14 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Haryana.
Mihit Solar Power has 3 deals on record (2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹61.34 Cr; the latest was in November 2015.
The peers of Mihit Solar Power by revenue are Universal Biomass Energy Private Limited, Juniper Green Sigma Private Limited, Kamuthi Renewable Energy Limited, Grahati Solar Energy Private Limited, Hindustan Powerprojects Private Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Saurabh Vats ceased to be Additional Director on 05 Aug 2025. Saurabh Vats was appointed as Director on 25 Feb 2025. Aakash Ajay Dattani ceased to be Additional Director on 24 Sep 2024. Mihit Solar Power has 22 board changes on record in total.
The registered office of Mihit Solar Power is at First Floor Tower C Building 10, DLF Cyber City Phase – II Gurgaon Haryana 122002 India, Haryana, India – 122002.
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