
Mskvy Ninth Solar SPV Limited
About Mskvy Ninth Solar SPV Limited
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Mskvy Ninth Solar SPV Limited is a private limited state government company based in Nashik, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 10 August 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35105MH2023SGC408478.
The company has an authorised share capital of ₹101 Cr and a paid-up capital of ₹100.71 Cr. It is led by directors including Ashok Ananda Phalnikar (Non- Individual Subscriber) and Jaydipsinh Udaysinh Chudasma.
Its last annual general meeting (AGM) was held on 31 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Amit Ekka Flat No. S – 903, 9th Floor Pathardi Phata Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.85 Cr. For the same year it recorded a net loss of ₹9.03 Cr (net margin -234.4%) and EBITDA of ₹3.67 Cr (EBITDA margin 95.2%).
As per MCA filings, the company has open charges of ₹939.95 Cr on record.
Company details
Contact details
Mskvy Ninth Solar SPV Limited's registered office is in Nashik, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressAmit Ekka Flat No. S – 903, 9th Floor Pathardi Phata Nashik, Maharashtra, India – 422010
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Mskvy Ninth Solar SPV 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
Financials of Mskvy Ninth Solar SPV Limited
FY 2026 filings availableMskvy Ninth Solar SPV Limited reported revenue of ₹3.85 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
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| EBITDA | ₹3.67 Cr | |
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| Net Profit (PAT) | -₹9.03 Cr | |
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
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| Profitability | ||
| EBITDA Margin | 95.2% | |
| Net Profit Margin | -234.4% | |
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To see the full financial statements and ratios of Mskvy Ninth Solar SPV Limited, buy the company report.
Board of directors and KMP of Mskvy Ninth Solar SPV Limited
Mskvy Ninth Solar SPV Limited currently reports 4 directors and 1 key managerial person. 2 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Ananda Phalnikar | Non- Individual Subscriber | 10 Aug 2023 | 3 Years 3 Months | Current |
| Jaydipsinh Udaysinh Chudasma Also directs: Torrent Urja 18 Private Limited, Torrent Urja 23 Private Limited, Torrent Urja 24 Private Limited and 5 more | Director | 19 Apr 2024 | 2 Years 6 Months | Current |
| Sandeep Kumar Sharma Also directs: Torrent Urja 18 Private Limited, Torrent Urja 23 Private Limited, Torrent Urja 24 Private Limited and 5 more | Director | 19 Apr 2024 | 2 Years 6 Months | Current |
| Hardika Rakeshkumar Solanki Also directs: Heart Hugs Private Limited | Company Secretary | 29 Aug 2025 | 1 Years 2 Months | Current |
| Manushi Anijay Parikh Also directs: Torrent Urja 28 Private Limited, Dwarka Renewables Private Limited, Torrent Green Energy Private Limited and 5 more | Director | 01 Feb 2026 | 0 Years 9 Months | Current |
Peer comparison
Mskvy Ninth Solar SPV Limited is compared with the 10 companies closest to it by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| United Sustainable Energy India Private Limited | ₹3.88 Cr (FY 2025) | 75.0% | Bangalore, Karnataka, India | |||
| Indivm Energy Private Limited | ₹3.87 Cr (FY 2025) | 85.0% | Sonipat, Haryana, India | |||
| GMR Solar Energy Private Limited | ₹3.86 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Ampin Energy C&I Twenty Private Limited | ₹3.86 Cr (FY 2025) | New Delhi, Delhi, India | ||||
| Vensol (Nirna) Energy Private Limited | ₹3.86 Cr (FY 2025) | -6.0% | Bidar, Karnataka, India | |||
| Mskvy Ninth Solar SPV Limitedthis company | ₹3.85 Cr (FY 2025) | -₹9.03 Cr | -234.4% | Nashik, Maharashtra, India | ||
| Solar Om Global Services India Private Limited | ₹3.83 Cr (FY 2022) | 1.0% | Navi Mumbai, Maharashtra, India | |||
| Papas Lifeline Veterinary Hospital Private Limited | ₹3.82 Cr (FY 2025) | Bangalore, Karnataka, India | ||||
| Kijalk Infrastructure Private Limited | ₹3.81 Cr (FY 2025) | 0.0% | Ranchi, Jharkhand, India | |||
| Clean Max Saura Private Limited | ₹3.81 Cr (FY 2025) | 237.0% | Mumbai, Maharashtra, India | |||
| Samyama Jyothi Solar Energy Private Limited | ₹3.81 Cr (FY 2025) | -8.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Mskvy Ninth Solar SPV Limited, buy the company report.
Auditor
Mskvy Ninth Solar SPV Limited is audited by For Saini Pati Shah & Co LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| For Saini Pati Shah & Co LLP | FY 2024 | 137904W/W100622 |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2025 | 101124426 | Others | ₹939.95 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mskvy Ninth Solar SPV Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mskvy Ninth Solar SPV Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mskvy Ninth Solar SPV Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mskvy Ninth Solar SPV Limited has 7 board changes on record since 2023: 5 appointments and 2 cessations. The latest: Manushi Anijay Parikh was appointed as Director on 01 Feb 2026.
Frequently asked questions
Mskvy Ninth Solar SPV is an active private limited state government company based in Nashik, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 10 August 2023 (3+ years old) and is registered under CIN U35105MH2023SGC408478.
Mskvy Ninth Solar SPV has 5 current directors and KMP:
- Jaydipsinh Udaysinh Chudasma - Director
- Sandeep Kumar Sharma - Director
- Manushi Anijay Parikh - Director
- Ashok Ananda Phalnikar - Non- Individual Subscriber
- Hardika Rakeshkumar Solanki - Company Secretary
The latest financial statements of Mskvy Ninth Solar SPV on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2026. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Mskvy Ninth Solar SPV is U35105MH2023SGC408478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mskvy Ninth Solar SPV was incorporated on 10 August 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mskvy Ninth Solar SPV by revenue are United Sustainable Energy India Private Limited, Indivm Energy Private Limited, GMR Solar Energy Private Limited, Ampin Energy C&I Twenty Private Limited, Vensol (Nirna) Energy Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Manushi Anijay Parikh was appointed as Director on 01 Feb 2026. Hardika Rakeshkumar Solanki was appointed as Company Secretary on 29 Aug 2025. Hemang Dineshbhai Shah ceased to be Additional Director on 25 Jul 2024. Mskvy Ninth Solar SPV has 7 board changes on record in total.
The registered office of Mskvy Ninth Solar SPV is at Amit Ekka Flat No. S – 903, 9th Floor Pathardi Phata Nashik, Maharashtra, India – 422010.
Mskvy Ninth Solar SPV operates in the environment industry, in the solar energy solutions segment.
Mskvy Ninth Solar SPV has open charges of ₹939.95 Cr and no satisfied charges on record as per latest MCA filings.
Mskvy Ninth Solar SPV can be reached at its registered office: Amit Ekka Flat No. S – 903, 9th Floor Pathardi Phata Nashik, Maharashtra, India – 422010.

