Olitec Solar Private Limited
About Olitec Solar Private Limited
Data last updated:
Olitec Solar Private Limited is a private limited company based in Chengalpattu, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 12 August 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U35105TN2022PTC154554. Its GSTIN is 33AAQCM0865Q1ZR (Tamil Nadu).
The company has an authorised share capital of ₹5.1 Cr and a paid-up capital of ₹5.1 Cr. It is led by directors including Mayuresan and Vivek.
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 Chengalpattu, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹70,337. For the same year it recorded a net loss of ₹13.21 Lakh and EBITDA of -₹10.8 Lakh.
As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Company details
CIN history
Olitec Solar has one previous CIN (Corporate Identification Number): U65999TN2022PTC154554. The current CIN is U35105TN2022PTC154554, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35105TN2022PTC154554 | Current |
| U65999TN2022PTC154554 | Previous |
Contact details
Olitec Solar Private Limited's registered office is in Chengalpattu, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse Of Hiranandani No. 5/63 1st Floor, Rajiv Gandhi Salai Omr Egattur Village, Chengalpattu, Tamil Nadu, India – 600130
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Olitec Solar Private 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 Olitec Solar Private Limited
FY 2025 filings availableOlitec Solar Private Limited reported revenue of ₹70,337 for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Total Expenses | |||
| EBITDA | -₹10.8 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹13.21 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Return on Capital Employed (ROCE) | |||
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To see the full financial statements and ratios of Olitec Solar Private Limited, buy the company report.
Board of directors of Olitec Solar Private Limited
Olitec Solar has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayuresan Also directs: Unlimitive LLP, GVML Fashions Private Limited, Futech Polymers Private Limited and 2 more | Director | 12 Aug 2022 | 4 Years 2 Months | Current |
| Vivek | Director | 03 Mar 2025 | 1 Years 8 Months | Current |
| Magesh | Director | 03 Mar 2025 | 1 Years 8 Months | Current |
| Gangadharam Viswanathan | Director | 12 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Olitec Solar Private Limited is compared with the 10 companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HTD Heat Trace (India) Private Limited | ₹76,100 (FY 2023) | -93.0% | Hyderabad, Telangana, India | |||
| Amalgamated Components Private Limited | ₹75,451 (FY 2025) | 83.0% | New Delhi, Delhi, India | |||
| Sri Laxmi Narasimha Green Energy Private Limited | ₹75,330 (FY 2024) | Hubli, Karnataka, India | ||||
| DSP Power Solutions Private Limited | ₹72,022 (FY 2016) | Mumbai, Maharashtra, India | ||||
| HPL Projects Portfolio Private Limited | ₹72,000 (FY 2017) | Kasauli, Himachal Pradesh, India | ||||
| Olitec Solar Private Limitedthis company | ₹70,337 (FY 2025) | -₹13.21 Lakh | Chengalpattu, Tamil Nadu, India | |||
| Evergreen Solar Systems India Private Limited | ₹69,225 (FY 2025) | 5.0% | Tirupur, Tamil Nadu, India | |||
| JSW Energy (Bengal) Limited | ₹69,000 (FY 2025) | -96.0% | Mumbai, Maharashtra, India | |||
| Universal Phi Private Limited | ₹68,755 (FY 2024) | -95.0% | Erode, Tamil Nadu, India | |||
| Vishmayaa Energy Private Limited | ₹66,847 (FY 2025) | Tiruppur, Tamil Nadu, India | ||||
| Atul Clean Energy Limited | ₹66,810 (FY 2025) | 39.0% | Valsad, Gujarat, India |
To see the full peer comparison of Olitec Solar Private Limited, buy the company report.
Auditor
Olitec Solar Private Limited is audited by PSenthamaraikannanand Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PSenthamaraikannanand Co | FY 2023 | 003708S |
Shareholding
The shareholding of Olitec Solar Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Olitec Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2025 | 101073032 | Others | ₹20 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Olitec Solar Private Limited has 3 court cases on record: 2 filed by Olitec Solar, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed against the company | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Olitec 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Olitec Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Olitec Solar Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Olitec Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAQCM0865Q1ZR | Tamil Nadu | Active | 02 Sep 2022 |
To see the full GST registrations and return filing status of Olitec Solar Private Limited, buy the company report.
Recent activity
Olitec Solar Private Limited has 4 board changes on record since 2022: 4 appointments. The latest: Magesh was appointed as Director on 03 Mar 2025.
Frequently asked questions
Olitec Solar is an active private limited company based in Chengalpattu, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 12 August 2022 (4+ years old) and is registered under CIN U35105TN2022PTC154554.
Olitec Solar has 4 current directors:
- Mayuresan - Director
- Vivek - Director
- Magesh - Director
- Gangadharam Viswanathan - Director
The latest financial statements of Olitec Solar 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 FY 2023 are in the company report.
The GSTIN of Olitec Solar is 33AAQCM0865Q1ZR, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Olitec Solar is U35105TN2022PTC154554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olitec Solar has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Olitec Solar was incorporated on 12 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Olitec Solar by revenue are HTD Heat Trace (India) Private Limited, Amalgamated Components Private Limited, Sri Laxmi Narasimha Green Energy Private Limited, DSP Power Solutions Private Limited, HPL Projects Portfolio Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers).
Magesh was appointed as Director on 03 Mar 2025. Vivek was appointed as Director on 03 Mar 2025. Gangadharam Viswanathan was appointed as Director on 12 Aug 2022. Olitec Solar has 4 board changes on record in total.
The registered office of Olitec Solar is at House Of Hiranandani No. 563 1st Floor, Rajiv Gandhi Salai Omr Egattur Village, Chengalpattu, Tamil Nadu, India – 600130.
Olitec Solar operates in the financial services industry, in the diversified financial services segment.
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