MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0002019
Modern Solar Private Limited - consumer electronics & durables in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹64.38 Lakh
▼ 47% YoY
Net loss · FY 2025
₹1.19 Cr
Net margin -184.8%
EBITDA · FY 2025
-₹98.29 Lakh
EBITDA margin -152.7%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Satisfied charges
₹40.2 Cr
No open charges
Company age
17 yrs
Est. 2009
Employees · EPFO
34
Provident fund records
About Modern Solar Private Limited
Data last updated:
Modern Solar Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 25 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29296WB2009PTC134237. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Divyen Ketan Doshi and Ripple Piyush Doshi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2/5 Sarat Bose Road Sukhsagar 2nd Floor, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.38 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹1.19 Cr (net margin -184.8%) and EBITDA of -₹98.29 Lakh (EBITDA margin -152.7%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹40.2 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company. The company has 1 deal on record (1 funding round), with disclosed funding of ₹7.4 Cr; the latest was in February 2010.
Modern Solar Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0002019). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modernsolar.in.
Company details
CIN U29296WB2009PTC134237
Registration Number 134237
Incorporation Date 25 March 2009
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-10-0002019
Recognitions & Rankings of Modern Solar
Contact details
Modern Solar Private Limited's registered office is in Kolkata, West Bengal. Its website is modernsolar.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2/5 Sarat Bose Road Sukhsagar 2nd Floor, Kolkata, West Bengal, India – 700020
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Modern Solar Private Limited, buy the company report.
Comprehensive company report
Modern Solar Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Modern Solar is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Modern Solar Private Limited, buy the company report.
Financials of Modern Solar Private Limited
FY 2024 filings availableModern Solar Private Limited reported revenue of ₹64.38 Lakh (down 47% YoY) for FY 2025.
Revenue · FY 2025
₹64.38 Lakh ▼ 47%
Net loss · FY 2025
₹1.19 Cr margin -184.8%
EBITDA · FY 2025
-₹98.29 Lakh margin -152.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 60%
Revenue has declined at a compounded annual rate (CAGR) of 60% over three years, including a 47% fall 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹64.38 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹98.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.19 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -152.7% | ||||
| Net Profit Margin | -184.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Modern Solar Private Limited, buy the company report.
Board of directors of Modern Solar Private Limited
Modern Solar has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divyen Ketan Doshi | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Ripple Piyush Doshi Also directs: Doshi Infracon LLP, Modern Gold Arts Pvt Ltd, Chokshi Estate Private Limited and 4 more | Director | 25 Mar 2009 | 17 Years 6 Months | Current |
| Konal K Doshi Also directs: Modern Gold Arts Pvt Ltd, Chokshi Estate Private Limited, Doshi Overseas Private Limited and 4 more | Director | 25 Mar 2009 | 17 Years 6 Months | Current |
| Jigar Ramniklal Avalani Also directs: Avco Power Private Limited, Avco Energy Private Limited, Lahar Dealcomm Pvt Ltd and 2 more | Director | 25 Mar 2009 | 17 Years 6 Months | Current |
| Rupen Ramniklal Avalani Also directs: Avco Power Private Limited, Avco Energy Private Limited, Lahar Dealcomm Pvt Ltd and 1 more | Director | 25 Mar 2009 | 17 Years 6 Months | Current |
Auditor
Modern Solar Private Limited is audited by KAMANI S K & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMANI S K & CO | FY 2024 | 314139E |
Shareholding
The shareholding of Modern Solar Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modern Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹40.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jan 2018 | 100195476 | Axis Bank Limited | ₹22 Cr | Satisfied | |
| 29 Sep 2014 | 10536244 | Yes Bank Limited | ₹4 Cr | Satisfied | |
| 13 Jul 2010 | 10232348 | State Bank of India | ₹14.2 Cr | Satisfied |
To see the full charge records of Modern Solar Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Modern Solar Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹7.4 Cr; the latest was in February 2010.
Total deals
1
Funding round
1
Disclosed funding
₹7.4 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2010 | Funding round | ₹7.4 Cr | Investors: Lahar Dealcomm Pvt Ltd , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Modern Solar Private Limited has 5 court cases on record: 5 filed by Modern Solar. All cases are disposed.
Total cases
5
Filed by the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Claro Energy Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Claro Energy Private Limited | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against Claro Energy Private Limited | Disposed |
To see the full case history of Modern Solar 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
Modern Solar Private Limited was last rated by Crisil on 24 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Sep 2020 |
To see the full credit ratings and regulatory alerts of Modern Solar Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modern Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Modern Solar Private Limited has a workforce of 34 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
Employee count
34
Active EPFO establishments
1
GST
Modern Solar has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
3
Cancelled / inactive
3
To see the full GST registrations and return filing status of Modern Solar Private Limited, buy the company report.
Recent activity
Modern Solar Private Limited has 6 board changes on record since 2009: 5 appointments and 1 cessation. The latest: Divyen Ketan Doshi was appointed as Director on 01 Apr 2019.
AGM
Modern Solar Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Modern Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge registered on 04 Jan 2018 via Charge ID 100195476 with Axis Bank Limited was fully satisfied on 07 May 2022.
Charges
A charge with Axis Bank Limited of Rs. 2,200.00 Lakh registered on 04 Jan 2018 with Charge ID 100195476 was modified on 10 Jan 2020.
Appointed
Divyen Ketan Doshi was appointed as Director.
Ceased
Ketan Kantilal Doshi ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 2,200.00 Lakh with Charge ID 100195476 was registered on 04 Jan 2018.
Charges
A charge registered on 29 Sep 2014 via Charge ID 10536244 with Yes Bank Limited was fully satisfied on 13 Dec 2017.
Charges
A charge registered on 13 Jul 2010 via Charge ID 10232348 with State Bank Of India was fully satisfied on 26 Mar 2015.
Charges
A charge with Yes Bank Limited amounted to Rs. 400.00 Lakh with Charge ID 10536244 was registered on 29 Sep 2014.
Charges
A charge with State Bank Of India of Rs. 1,420.00 Lakh registered on 13 Jul 2010 with Charge ID 10232348 was modified on 27 Feb 2012.
Charges
A charge with State Bank Of India amounted to Rs. 1,420.00 Lakh with Charge ID 10232348 was registered on 13 Jul 2010.
5 earlier events are in the company report.
Frequently asked questions
Modern Solar is an active private limited company based in Kolkata, West Bengal, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 25 March 2009 (17+ years old) and is registered under CIN U29296WB2009PTC134237.
Modern Solar has 5 current directors:
- Divyen Ketan Doshi - Director
- Ripple Piyush Doshi - Director
- Konal K Doshi - Director
- Jigar Ramniklal Avalani - Director
- Rupen Ramniklal Avalani - Director
The latest financial statements of Modern Solar on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Modern Solar has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Modern Solar is U29296WB2009PTC134237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Solar has 5 court cases on record: 5 filed by the company. Most are in the nclat.
Modern Solar was incorporated on 25 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
Modern Solar has 1 deal on record (1 funding round), with disclosed funding of ₹7.4 Cr; the latest was in February 2010.
Divyen Ketan Doshi was appointed as Director on 01 Apr 2019. Ketan Kantilal Doshi ceased to be Director on 01 Apr 2019. Jigar Ramniklal Avalani was appointed as Director on 25 Mar 2009. Modern Solar has 6 board changes on record in total.
Yes, Modern Solar is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0002019).