Muses Solaire Private Limited

Muses Solaire Private Limited - business services in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U29307GJ2012PTC072473 Incorporated 29 October 2012 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company business services
Revenue · FY 2024
₹84,615
▲ 101% YoY
Net loss · FY 2024
₹17,215
Net margin -20.3%
EBITDA · FY 2024
₹9,958
EBITDA margin 11.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
4
As per MCA filings
GST registrations
1
None active

About Muses Solaire Private Limited

Data last updated:

Muses Solaire Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the csw professional segment of the business services sector. It was incorporated on 29 October 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29307GJ2012PTC072473. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jyoti Nagarbhai Parmar (Whole-Time Director) and Ilesh Ishwarbhai Vyas.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 48 Rajlaxmi Complex Near Shivmahal J.P.Road, Vadodara, Gujarat, India – 390007.

As per the financials filed for FY 2024, the company reported a revenue of ₹84,615, a growth of 101% compared to the previous year. For the same year it recorded a net loss of ₹17,215 (net margin -20.3%) and EBITDA of ₹9,958 (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 9% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29307GJ2012PTC072473
Registration Number 072473
Incorporation Date 29 October 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Muses Solaire Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A – 48 Rajlaxmi Complex Near Shivmahal J.P.Road, Vadodara, Gujarat, India – 390007
  • Industry
    Business Services, Csw Professional, Scientific And Technical Activities

To see the full contact details of Muses Solaire Private Limited, buy the company report.

Comprehensive company report
Muses Solaire 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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Business activity

The main business activity of Muses Solaire is other service activities. In detail, this covers activities of membership organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
SOther service activities94Activities of membership organizations

To see the full business activity and turnover split of Muses Solaire Private Limited, buy the company report.

Financials of Muses Solaire Private Limited

FY 2025 filings available

Muses Solaire Private Limited reported revenue of ₹84,615 (up 101% YoY) for FY 2024.

Revenue · FY 2024
₹84,615 ▲ 101%
Net loss · FY 2024
₹17,215 margin -20.3%
EBITDA · FY 2024
₹9,958 margin 11.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 101%
3 years · compounded
▲ 15%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 28%
3 years · compounded
▼ 18%
5 years · compounded
▼ 11%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 101% growth in the latest year. EBITDA rose 28% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹9,958
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹17,215
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.8%
Net Profit Margin-20.3%
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 Muses Solaire Private Limited, buy the company report.

Board of directors of Muses Solaire Private Limited

Muses Solaire has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ilesh Ishwarbhai VyasDirector29 Oct 201214 Years 0 MonthsCurrent
Azra Aman KhanDirector29 Oct 201214 Years 0 MonthsCurrent
Jyoti Nagarbhai ParmarWhole-Time Director01 Dec 201213 Years 11 MonthsCurrent
Anand Ilesh VyasDirector01 Apr 201412 Years 7 MonthsCurrent

Peer comparison

Muses Solaire Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities of membership organizations), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Aerobyte Innovations Private Limited₹85,038 (FY 2025)Hyderabad, Telangana, India
Sickflip Entertainment Private Limited₹85,000 (FY 2025)New Delhi, Delhi, India
Monish Bhalla Global (OPC) Private Limited₹85,000 (FY 2025)-15.0%New Delhi, Delhi, India
Vanakkam Express Private Limited₹84,761 (FY 2025)Salem, Tamil Nadu, India
Fabtribe Private Limited₹84,746 (FY 2025)-96.0%Chennai, Tamil Nadu, India
Muses Solaire Private Limitedthis company₹84,615 (FY 2024)-₹17,215-20.3%101.0%Vadodara, Gujarat, India
Propitious Retails Private Limited₹84,611 (FY 2025)461.0%New Delhi, Delhi, India
Wisegate Technologies Private Limited₹84,560 (FY 2025)Sagar, Madhya Pradesh, India
Ramscript Private Limited₹84,502 (FY 2025)Hatkanangle, Maharashtra, India
Sktfuturetek Private Limited₹84,000 (FY 2025)3111011.0%New Delhi, Delhi, India
Manni Entertainment Private Limited₹83,873 (FY 2025)New Delhi, Delhi, India

To see the full peer comparison of Muses Solaire Private Limited, buy the company report.

Auditor

Muses Solaire Private Limited is audited by SANTLAL PATEL & CO. for the financial year 2017.

Auditor firmFinancial yearFirm registration number
SANTLAL PATEL & CO.FY 2017113888W

Shareholding

The shareholding of Muses Solaire Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Muses Solaire Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Muses Solaire Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Muses Solaire has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Muses Solaire Private Limited, buy the company report.

Recent activity

Muses Solaire Private Limited has 10 board changes on record since 2012: 7 appointments and 3 cessations. The latest: Tirth Joshi Anutosh ceased to be Whole-Time Director on 16 Feb 2023.

AGM
Muses Solaire Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Muses Solaire Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Tirth Joshi Anutosh ceased to be Whole-Time Director.
Ceased
Hina Ilesh Vyas ceased to be Director.
Ceased
Kurush Sarosh Karanjia ceased to be Whole-Time Director.
Appointed
Anand Ilesh Vyas was appointed as Director.
Appointed
Jyoti Nagarbhai Parmar was appointed as Whole-Time Director.
Appointed
Kurush Sarosh Karanjia was appointed as Whole-Time Director.
Appointed
Tirth Joshi Anutosh was appointed as Whole-Time Director.
Appointed
Azra Aman Khan was appointed as Director.
Appointed
Hina Ilesh Vyas was appointed as Director.
Appointed
Ilesh Ishwarbhai Vyas was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Muses Solaire is an active private limited company based in Vadodara, Gujarat, India. The company works in csw professional, within the business services industry. It was incorporated on 29 October 2012 (14+ years old) and is registered under CIN U29307GJ2012PTC072473.

Muses Solaire has 4 current directors:

The latest financial statements of Muses Solaire on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

No. Muses Solaire has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Muses Solaire is U29307GJ2012PTC072473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Muses Solaire was incorporated on 29 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Muses Solaire by revenue are Aerobyte Innovations Private Limited, Sickflip Entertainment Private Limited, Monish Bhalla Global (OPC) Private Limited, Vanakkam Express Private Limited, Fabtribe Private Limited and 5 more, all in the same principal business activity (activities of membership organizations).

Tirth Joshi Anutosh ceased to be Whole-Time Director on 16 Feb 2023. Hina Ilesh Vyas ceased to be Director on 26 Nov 2018. Kurush Sarosh Karanjia ceased to be Whole-Time Director on 14 Jul 2017. Muses Solaire has 10 board changes on record in total.

The registered office of Muses Solaire is at A – 48 Rajlaxmi Complex Near Shivmahal J.P.Road, Vadodara, Gujarat, India – 390007.

Muses Solaire operates in the business services industry, in the csw professional segment.

The compliance status of Muses Solaire is compliant as of 13 July 2026. The company is actively filing with the Registrar of Companies.