Palace Solar Energy Private Limited

Palace Solar Energy Private Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U40102MH2007PTC175289 Incorporated 23 October 2007 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company environment
Data last updated
Revenue · FY 2025
₹19.73 Cr
▼ 45.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹13.05 Cr
Registered with MCA
Paid-up capital
₹13.05 Cr
Issued & subscribed
Open charges
None
Satisfied ₹150 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
18
Latest available

About Palace Solar Energy Private Limited

Data last updated: 09 January 2026

Palace Solar Energy Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Electrotherm Renewables Private Limited. It specialises in solar energy solutions, a part of the broader environmental services sector. Incorporated on 23 October 2007, the company has been in operation for over 19 years.

Registered with ROC Mumbai under CIN U40102MH2007PLC175289.

Capital: an authorised share capital of ₹13.05 Cr and a paid-up capital of ₹13.05 Cr. Formerly known as Inspira Solar Energy Private Limited and Inspira Solar Energy Limited. It is led by directors including Subhash Chandra Bhargava and Piyush Maheshwari.

Last AGM: 17 September 2025. Financial statements filed for year ended 31 March 2025. Office: A – 1 Aditya Birla Centre S.K. Ahire Marg Worli, Mumbai, Maharashtra, India – 400030.

As per the financials filed for FY 2025, the company reported a revenue of ₹19.73 Cr, a decline of 45% compared to the previous year.

The company has a workforce of approximately 18 employees as per the latest available data. It operates as a subsidiary of Electrotherm Renewables Private Limited.

As per MCA filings, the company has satisfied charges of ₹150 Cr on record.

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

Company Details of Palace Solar Energy Private Limited
CIN U40102MH2007PTC175289
Registration Number 175289
Incorporation Date 23 October 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Electrotherm Renewables Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    A – 1 Aditya Birla Centre S.K. Ahire Marg Worli, Mumbai, Maharashtra, India – 400030
  • Industry
    Environment, Solar Energy Solutions
Company report
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Financials, compliance, directors, charges, ownership and filings for Palace Solar Energy Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Palace Solar Energy Private Limited

Palace Solar Energy Private Limited has undergone 6 name changes throughout its history. The current legal name is Palace Solar Energy Private Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Palace Solar Energy Private Limited Current
Inspira Solar Energy Private Limited Previous
Inspira Solar Energy Limited Previous
Seriso Agro Private Limited Previous
Seriso Acres Limited Previous
Seriso Acres Private Limited Previous
Seriso Acres Limited Previous

CIN History of Palace Solar Energy Private Limited

Palace Solar Energy Private Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40102MH2007PTC175289, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U40102MH2007PTC175289 Current
U40102MH2007PLC175289 Previous
U01403MH2007PLC175289 Previous

Business Activity of Palace Solar Energy Private Limited

Palace Solar Energy Private Limited is engaged in the principal business activity of electricity, gas, steam and air condition supply, with detailed activities including electric power generation, transmission and distribution.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
D Electricity, gas, steam and air condition supply D1 Electric power generation, transmission and distribution Locked
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Business activity turnover details for Palace Solar Energy Private Limited

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Board of Directors of Palace Solar Energy Private Limited

Palace Solar Energy Private Limited is currently managed by 3 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Subhash Chandra Bhargava Director 24 Sep 2020 5 Years 9 Months Current
Piyush Maheshwari Director 05 Feb 2024 2 Years 5 Months Current
Sanjay Kumar Patra Director 11 Nov 2021 4 Years 8 Months Current

Financials of Palace Solar Energy Private Limited FY 2025 filings available

Palace Solar Energy Private Limited reported revenue of ₹19.73 Cr (down 45.00% YoY) for FY 2025.

Revenue · FY 2025
₹19.73 Cr ▼ 45.00%
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Ten-year financial statements for Palace Solar Energy Private Limited

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Charges & Borrowings of Palace Solar Energy Private Limited

Open charges
₹0
Satisfied charges
₹150 Cr
Breakdown by lending institutions
Axis Trustee Services Limited₹150.00 Cr
Latest charge details
DateLenderAmountStatus
07 May 2013 Axis Trustee Services Limited ₹150 Cr Satisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Palace Solar Energy Private Limited

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Employee and EPFO history for Palace Solar Energy Private Limited

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GST Compliance of Palace Solar Energy Private Limited

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GST registrations and filing compliance for Palace Solar Energy Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Palace Solar Energy Private Limited

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Credit ratings, litigation, and regulatory alerts for Palace Solar Energy Private Limited

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MSME Payment Delays by Palace Solar Energy Private Limited

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MSME payment history for Palace Solar Energy Private Limited

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Subsidiaries & Group Companies of Palace Solar Energy Private Limited

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Corporate group structure for Palace Solar Energy Private Limited

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MCA Filings & Documents of Palace Solar Energy Private Limited

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MCA filings and documents for Palace Solar Energy Private Limited

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Recent Activity on Palace Solar Energy Private Limited

Activity
17 Sep 2025
Palace Solar Energy Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records.
Directors
24 Apr 2025
Sandeep Santosh Sahay was appointed as a Cfo on 24 Apr 2025 & has been associated with this company since 1 year 2 months.
Activity
31 Mar 2025
Palace Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
05 Feb 2024
Piyush Maheshwari was appointed as a Director on 05 Feb 2024 & has been associated with this company since 2 years 5 months.
Directors
11 Nov 2021
Sanjay Kumar Patra was appointed as a Director on 11 Nov 2021 & has been associated with this company since 4 years 8 months.
Charges
03 Mar 2021
A charge registered on 07 May 2013 via Charge ID 10426795 with Axis Trustee Services Limited was fully satisfied on 03 Mar 2021.

Frequently Asked Questions about Palace Solar Energy Private Limited

Palace Solar Energy Private Limited is an active private limited company in the environment sector based in Mumbai, Maharashtra, India. It was incorporated on 23 October 2007 (19+ years old) and is registered under CIN U40102MH2007PTC175289. The company has 18 employees.

Palace Solar Energy Private Limited reported revenue of ₹19.73 Cr for FY 2025 (down 45.00% YoY).

The current directors of Palace Solar Energy Private Limited are:

The primary industry of Palace Solar Energy Private Limited is environment. The company specifically operates in solar energy solutions. The company is currently active in this sector.

Palace Solar Energy Private Limited can be reached at the registered office: A – 1 Aditya Birla Centre S.K. Ahire Marg Worli, Mumbai, Maharashtra, India – 400030.

The authorised capital is ₹13.05 Cr, and the paid-up capital is ₹13.05 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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