About Mundra Solar Limited
Data last updated: 22 December 2025
Mundra Solar Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Adani Green Technology Limited. It specialises in power equipment manufacturers, a part of the broader energy and power sector. Incorporated on 16 June 2015, the company has been in operation for over 11 years.
Registered with ROC Ahmedabad under CIN U40101GJ2015PLC083552.
Capital: an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Dharmesh Arvindbhai Parekh and Dhirav Hemendrakumar Shah.
Last AGM: 23 June 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.42 Cr, reflecting significant growth compared to the previous year.
It operates as a subsidiary of Adani Green Technology Limited.
The company is associated with 2 brands - Mundra Energy, Adani Solar. As per MCA filings, the company has satisfied charges of ₹544 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adanisolar.com.
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Registered AddressAdani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421
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IndustryEnergy and Power, Power Equipment Manufacturers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Mundra Solar Limited
Mundra Solar Limited operates two associated brands: Mundra energy and Adani Solar. These brands represent Mundra Solar Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies solar water heaters, cookers, PV systems, and street lights. | mundraenergy.com | |
| Manufactures high-quality solar cells and modules to promote sustainable energy solutions. | adanisolar.com |
Competitors & Alternatives of Mundra Solar Limited
Brands and companies operating in the same space as Mundra Solar Limited include Trina Solar, Kyocera, Navitas Solar and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Trina Solar
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Photovoltaic cells for PV and smart energy solutions are developed. | San Jose, United States, United States | 1997 |
Kyocera
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Kyocera is engaged in providing technology solutions globally. | Horse Shoe, United States, United States | 1959 |
Navitas Solar
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Manufacturer of solar panel | Surat, India, India | 2013 |
Su-Kam Power Systems
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Solar panels and power storage products are manufactured. | Gurugram, India, India | 1988 |
Servoteh
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Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | Delhi, India, India | 2004 |
Borosil Renewables
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Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | Mumbai, India, India | 1962 |
Emmvee
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Manufactures solar panels, water heaters, and turnkey solutions for renewable energy. | Bengaluru, India, India | 1992 |
HHV Solar Technologies
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PV modules are manufactured by HHV Solar Technologies in India. | Bengaluru, India, India | 2008 |
SuKam Solar
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Provider of range of products and services, including solar panels, inverters, and LED street lights for homes and industries | Gurugram, India, India | 1998 |
Gautam Solar
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Manufactures solar modules and power plants with high-efficiency technology in India. | Delhi, India, India | 1997 |
Business Activity of Mundra Solar Limited
Mundra Solar Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details for Mundra Solar Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Mundra Solar Limited
Mundra Solar Limited is audited by SHAH & SHAH ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| SHAH & SHAH ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Mundra Solar Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Mundra Solar Limited
Mundra Solar Limited is currently managed by 3 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Dharmesh Arvindbhai Parekh
Also directs:
Vishakha Renewables Private Limited, Adani Green Technology Limited, Mundra Solar Energy Limited and 2 more
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Director | 22 May 2019 | 7 Years 2 Months | Current |
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Dhirav Hemendrakumar Shah
Also directs:
Adani Green Technology Limited, Adani Tradecom Limited
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Director | 15 Feb 2021 | 5 Years 5 Months | Current |
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Rahul Krishanlal Bhutiani
Also directs:
Adani Green Technology Limited, Mundra Solar Energy Limited, Mundra Solar Technopark Private Limited and 1 more
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Managing Director | 01 Sep 2025 | 0 Years 11 Months | Current |
Financials of Mundra Solar Limited FY 2025 filings available
Mundra Solar Limited reported revenue of ₹105.42 Cr (up 11166.00% YoY) for FY 2025.
Ten-year financial statements for Mundra Solar Limited
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Ownership and Shareholding of Mundra Solar Limited
Shareholding and ownership data for Mundra Solar Limited
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Group Structure of Mundra Solar Limited
Mundra Solar Limited has 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Mundra Solar Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Mundra Solar Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2024 | Others | ₹544 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Mundra Solar Limited
View historical data on people associated with Mundra Solar Limited, including employment history and EPFO contributions.
Employee and EPFO history for Mundra Solar Limited
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GST Compliance of Mundra Solar Limited
GST registrations and filing compliance for Mundra Solar Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mundra Solar Limited
Credit ratings, litigation, and regulatory alerts for Mundra Solar Limited
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MSME Payment Delays by Mundra Solar Limited
MSME payment history for Mundra Solar Limited
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Subsidiaries & Group Companies of Mundra Solar Limited
Corporate group structure for Mundra Solar Limited
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MCA Filings & Documents of Mundra Solar Limited
MCA filings and documents for Mundra Solar Limited
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Recent Activity on Mundra Solar Limited
Recent News on Mundra Solar Limited
Frequently Asked Questions about Mundra Solar Limited
Mundra Solar Limited is an active public limited company in the energy and power sector based in Ahmedabad, Gujarat, India. It was incorporated on 16 June 2015 (11+ years old) and is registered under CIN U40101GJ2015PLC083552.
Mundra Solar Limited reported revenue of ₹105.42 Cr for FY 2025 (up 11166.00% YoY).
The current directors of Mundra Solar Limited are:
- Dharmesh Arvindbhai Parekh - Director
- Dhirav Hemendrakumar Shah - Director
- Rahul Krishanlal Bhutiani - Managing Director
The primary industry of Mundra Solar Limited is energy and power. The company specifically operates in power equipment manufacturers. The company is currently active in this sector.
Mundra Solar Limited can be reached at the registered office: Adani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421, or through the website adanisolar.com.
The authorised capital is ₹5 Lakh, and the paid-up capital is ₹5 Lakh.