Mitcon Solar Alliance Limited - Company Profile

It is a environment public limited company based in Pune, Maharashtra, India, established in 2018.
2018 Pune, Maharashtra, India Active
Last Updated:
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About Mitcon Solar Alliance Limited

Mitcon Solar Alliance Limited, a active public limited company, was established on 15 May 2018 in Pune, Maharashtra, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U74999PN2018PLC176615. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹9.51 Cr.

Its leadership includes Sandeep Sukhadeo Jadhav (Director), Dhawal Marghade (Director), Harshad Vijay Joshi (Director). Past directors included Anirudha Gangadhar Sathe, Pradeep Raghunath Bavadekar, Dhawal Marghade. It holds ₹10.00 Cr open charges and ₹15.00 Cr settled loans. Its latest AGM occurred on 30 July 2025, with the balance sheet filed on 31 March 2025. It is based at First Floor, Kubera Chambers, Shivaji Nagar, Pune, Maharashtra, 411005.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74999PN2018PLC176615

  • Registration Number

    176615

  • Incorporation Date

    15 May 2018

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹9.51 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.51 Cr
  • Company Age 7 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 10.00 Cr
  • Satisfied Charges ₹ 15.00 Cr
  • Revenue Growth **** 10.45%
  • Profit Growth **** -1835.89%
  • Ebitda **** -0.39%
  • Net Worth 19.33%
  • Total Assets **** 12.53%
Company report

Mitcon Solar Alliance Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mitcon Solar Alliance 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 Mitcon Solar Alliance Limited?
Current Directors
Name Designation Appointment Date Status
Sandeep Sukhadeo Jadhav Director 15 May 2018 Current
Dhawal Marghade Director 26 Feb 2024 Current
Harshad Vijay Joshi Director 27 Oct 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 26 Feb 2024 Past
Pramod Abcsdd Additional Director 10 Jul 2019 Past
Pramod Abcsdd Additional Director 18 Sep 2024 Past
Pramod Abcsdd Director 18 Jan 2019 Past
Pramod Abcsdd Additional Director 11 Aug 2021 Past
Pramod Abcsdd Additional Director 10 Jul 2019 Past

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Financial Performance of Mitcon Solar Alliance.

Mitcon Solar Alliance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.45% increase. The company also saw a substantial fall in profitability, with a 1835.89% decrease in profit. The company's net worth Soared by an impressive increase of 19.33%.

Mitcon Solar Alliance revenue growth over time
Mitcon Solar Alliance 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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 10.45%
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Revenue from Operations
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 8.87%
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*******
*******
Total Assets
*******
 12.53%
*******
*******
*******
*******
Profit or Loss
*******
 -1835.89%
*******
*******
*******
*******
Net Worth
*******
 19.33%
*******
*******
*******
*******
EBITDA
*******
 -0.39%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mitcon Solar Alliance?

In 2023, Mitcon Solar Alliance had a promoter holding of 46.56% and a public holding of 53.44%. 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

₹100,000,000.00

Satisfied Charges

₹150,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 10.00 Cr
Latest Charge Details
Date Lender Amount Status
28 Jul 2022 Others ₹10.00 Cr Open
07 Sep 2019 Others ₹15.00 Cr Satisfied

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How Many Employees Work at Mitcon Solar Alliance?

Unlock and access historical data on people associated with Mitcon Solar Alliance, 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 Mitcon Solar Alliance, 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 Mitcon Solar Alliance'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 Mitcon Solar Alliance
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Mitcon Solar Alliance Limited last Annual general meeting of members was held on 30 Jul 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Mitcon Solar Alliance Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was documented.

  • Director Appointment

    Dhawal Marghade was appointed as a Director was appointed as a Director on 26 Feb 2024 & has been associated with this company since 1 year 11 months . was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 10.00 Cr registered on 28 Jul 2022 with Charge ID 100608960 was modified on 13 Sep 2022. was completed.

  • Charges

    Progress on A charge registered on 07 Sep 2019 via Charge ID 100290570 with Others was fully satisfied on 30 Aug 2022. was documented.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100608960 was registered on 28 Jul 2022. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Mitcon Solar Alliance Limited?

The CIN of Mitcon Solar Alliance Limited is U74999PN2018PLC176615.

Where is Mitcon Solar Alliance Limited headquartered?

Mitcon Solar Alliance Limited is headquartered at First Floor, Kubera Chambers, Shivaji Nagar, Pune, Maharashtra, 411005.

When was Mitcon Solar Alliance Limited incorporated?

Mitcon Solar Alliance Limited was incorporated on 15 May 2018.

Who are the current directors of Mitcon Solar Alliance Limited?

The current directors of Mitcon Solar Alliance Limited are

What is the primary industry of Mitcon Solar Alliance Limited?

The primary industry of Mitcon Solar Alliance Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Mitcon Solar Alliance Limited a listed company?

Mitcon Solar Alliance Limited is unlisted.

What is the capital structure of Mitcon Solar Alliance Limited?

The authorized capital of Mitcon Solar Alliance Limited is ₹10.00 Cr, and the paid-up capital is ₹9.51 Cr.

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