Mundra Solar Energy Limited - Company Profile

It is a energy and power public limited state government company based in Ahmedabad, Gujarat, India, established in 2019.
2019 Ahmedabad, Gujarat, India Active
Last Updated:
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About Mundra Solar Energy Limited

Mundra Solar Energy Limited, a active public limited state government company, was established on 18 October 2019 in Ahmedabad, Gujarat, India. Engaging in power equipment manufacturers within the manufacturing sector, it holds CIN: U29308GJ2019SGC110395. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹141.00 Cr and a paid-up capital of ₹141.00 Cr.

Employing 350 professional, Its leadership includes Dharmesh Arvindbhai Parekh (Director), Gaurav Surinder Vesasi (Director), Muralee Krishnan (Managing Director). Past directors included Dharmesh Arvindbhai Parekh, Anand Balkrishna Gaur, Dhirav Hemendrakumar Shah. It holds ₹1,450.00 Cr open charges and ₹1,334.40 Cr settled loans. Its latest AGM occurred on 23 June 2025, with the balance sheet filed on 31 March 2025. It is based at Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway,, Khodiyar,, Ahmedabad, Gujarat, 382421.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29308GJ2019SGC110395

  • Registration Number

    110395

  • Incorporation Date

    18 October 2019

  • Authorized Capital

    ₹141.00 Cr

  • Paid-Up Capital

    ₹141.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 141.00 Cr
  • Paid Up Capital ₹ 141.00 Cr
  • Company Age 6 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1,450.00 Cr
  • Satisfied Charges ₹ 1,334.40 Cr
  • Revenue Growth **** 86.70%
  • Profit Growth **** 407.72%
  • Ebitda **** 367.41%
  • Net Worth 291.43%
  • Total Assets **** 18.70%
Company report

Mundra Solar Energy Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mundra Solar Energy 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 Mundra Solar Energy Limited?
Current Directors
Name Designation Appointment Date Status
Dharmesh Arvindbhai Parekh Director 24 Aug 2022 Current
Gaurav Surinder Vesasi Director 03 Jan 2023 Current
Muralee Krishnan Managing Director 14 Nov 2024 Current
Rahul Krishanlal Bhutiani Additional Director 29 Aug 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 16 Jul 2023 Past
Pramod Abcsdd Director 24 Aug 2022 Past
Pramod Abcsdd Director 01 Apr 2023 Past
Pramod Abcsdd Additional Director 16 Jul 2023 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Additional Director 16 Jul 2023 Past

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Financial Performance of Mundra Solar Energy.

Mundra Solar Energy Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 86.7% increase. The company also saw a substantial improvement in profitability, with a 407.72% increase in profit. The company's net worth Soared by an impressive increase of 291.43%.

Mundra Solar Energy revenue growth over time
Mundra Solar Energy 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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 86.70%
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Revenue from Operations
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 83.16%
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Total Assets
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 18.70%
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Profit or Loss
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 407.72%
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Net Worth
*******
 291.43%
*******
*******
*******
*******
EBITDA
*******
 367.41%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mundra Solar Energy?

In 2023, Mundra Solar Energy had a promoter holding of 100.00%. 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

₹14,500,000,000.00

Satisfied Charges

₹13,344,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 1450.00 Cr
Latest Charge Details
Date Lender Amount Status
08 Dec 2021 Others ₹1,450.00 Cr Open
22 Oct 2021 Others ₹1,312.40 Cr Satisfied
29 Jun 2020 Others ₹22.00 Cr Satisfied

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How Many Employees Work at Mundra Solar Energy?

Mundra Solar Energy has a workforce of 350 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Mundra Solar Energy, 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 Mundra Solar Energy'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 Mundra Solar Energy
Recent Activity within the Organization
  • Director Appointment

    Progress on Rahul Krishanlal Bhutiani was appointed as a Additional Director was appointed as a Additional Director on 29 Aug 2025 & has been associated with this company since 5 months 28 days . was documented.

  • Annual General Meeting

    Mundra Solar Energy Limited last Annual general meeting of members was held on 23 Jun 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 1,450.00 Cr registered on 08 Dec 2021 with Charge ID 100507278 was modified on 27 May 2025. was recorded as a recent event.

  • Balance Sheet

    Progress on Mundra Solar Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Director Appointment

    Muralee Krishnan was appointed as a Managing Director was appointed as a Managing Director on 14 Nov 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.

  • Charges

    Progress on A charge registered on 22 Oct 2021 via Charge ID 100493226 with Others was fully satisfied on 26 Jul 2024. was documented.

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Frequently Asked Questions
What is the CIN of Mundra Solar Energy Limited?

The CIN of Mundra Solar Energy Limited is U29308GJ2019SGC110395.

Where is Mundra Solar Energy Limited headquartered?

Mundra Solar Energy Limited is headquartered at Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway,, Khodiyar,, Ahmedabad, Gujarat, 382421.

When was Mundra Solar Energy Limited incorporated?

Mundra Solar Energy Limited was incorporated on 18 October 2019.

Who are the current directors of Mundra Solar Energy Limited?

The current directors of Mundra Solar Energy Limited are

What is the primary industry of Mundra Solar Energy Limited?

The primary industry of Mundra Solar Energy Limited is Manufacturing.

Is Mundra Solar Energy Limited a listed company?

Mundra Solar Energy Limited is unlisted.

What is the capital structure of Mundra Solar Energy Limited?

The authorized capital of Mundra Solar Energy Limited is ₹141.00 Cr, and the paid-up capital is ₹141.00 Cr.

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