India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,545 Pankaj Chimanlal Doshi ₹1,300 Cr
- #1,545 Kirit Chimanlal Doshi ₹1,300 Cr
Patan Solar Private Limited
Patan Solar Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Private Limited Company machinery and equipment
Revenue · FY 2016
₹54.26 Lakh
▼ 70% YoY
Net loss · FY 2016
₹55.73 Lakh
Net margin -102.7%
EBITDA · FY 2016
-₹7.05 Lakh
EBITDA margin -13%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹7 Cr
No open charges
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
About Patan Solar Private Limited
Data last updated:
Patan Solar Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 17 August 2010 and has been in existence for over 16 years.
Its director Pankaj Chimanlal Doshi is #1,545 among India's richest people (2026). Its director Kirit Chimanlal Doshi is #1,545 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40102MH2010PTC206704. Its GSTIN is 27AAFCP6744A1ZJ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pankaj Chimanlal Doshi and Kirit Chimanlal Doshi.
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 602 6th Floor Western Edge – I Western Express Highway Borivali (East), Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2016, the company reported a revenue of ₹54.26 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹55.73 Lakh (net margin -102.7%) and EBITDA of -₹7.05 Lakh (EBITDA margin -13%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years.
As per MCA filings, the company has satisfied charges of ₹7 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U40102MH2010PTC206704
Registration Number 206704
Incorporation Date 17 August 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Recognitions & Rankings of Patan Solar
Contact details
Patan Solar Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address602 6th Floor Western Edge – I Western Express Highway Borivali (East), Mumbai, Maharashtra, India – 400066
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Patan Solar Private Limited, buy the company report.
Comprehensive company report
Patan Solar 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Patan Solar is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
Financials of Patan Solar Private Limited
FY 2025 filings availablePatan Solar Private Limited reported revenue of ₹54.26 Lakh (down 70% YoY) for FY 2016.
Revenue · FY 2016
₹54.26 Lakh ▼ 70%
Net loss · FY 2016
₹55.73 Lakh margin -102.7%
EBITDA · FY 2016
-₹7.05 Lakh margin -13%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 70%
3 years · compounded
▼ 39%
Revenue has declined at a compounded annual rate (CAGR) of 39% over three years, including a 70% fall 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹54.26 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹7.05 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹55.73 Lakh | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -13% | |
| Net Profit Margin | -102.7% | |
| 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 Patan Solar Private Limited, buy the company report.
Board of directors of Patan Solar Private Limited
Patan Solar has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Chimanlal Doshi | Director | 27 May 2022 | 4 Years 4 Months | Current |
| Kirit Chimanlal Doshi Also directs: Vedaang Solar LLP, Waaree Technologies Limited, Waaree Green Glass Private Limited and 3 more | Director | 18 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Patan Solar Private Limited is audited by M N SHETH & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M N SHETH & ASSOCIATES | FY 2016 | 110061W |
Shareholding
The shareholding of Patan Solar Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Patan Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2013 | 10417313 | Tata Capital Financial Services Limited | ₹7 Cr | Satisfied |
To see the full charge records of Patan Solar Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Patan Solar Private Limited has 3 court cases on record: 2 filed by Patan Solar, 1 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (APL) | Filed by the company against Income Tax Through Shri Rakesh Kumar Suman and Ors and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Income Tax | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Disposed |
To see the full case history of Patan 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 Patan Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Patan Solar has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP6744A1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Patan Solar Private Limited, buy the company report.
Recent activity
Patan Solar Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Binita Hitesh Doshi ceased to be Director on 18 Jun 2022.
AGM
Patan Solar Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Patan Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Binita Hitesh Doshi ceased to be Director.
Appointed
Kirit Chimanlal Doshi was appointed as Director.
Ceased
Chimanlal Tribhuvandas Doshi ceased to be Director.
Appointed
Pankaj Chimanlal Doshi was appointed as Director.
Charges
A charge registered on 15 Mar 2013 via Charge ID 10417313 with Tata Capital Financial Services Limited was fully satisfied on 11 Mar 2016.
Ceased
Viren Doshi Chimanlal ceased to be Director.
Ceased
Hitesh Chimanlal Doshi ceased to be Director.
Ceased
Kirit Chimanlal Doshi ceased to be Director.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 700.00 Lakh with Charge ID 10417313 was registered on 15 Mar 2013.
Incorporation
17 Aug 2010
Patan Solar Private Limited was registered on 17 Aug 2010 with Roc Mumbai & aged 16 years 2 months as per MCA records.
Frequently asked questions
Patan Solar is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 17 August 2010 (16+ years old) and is registered under CIN U40102MH2010PTC206704.
Patan Solar has 2 current directors:
- Pankaj Chimanlal Doshi - Director
- Kirit Chimanlal Doshi - Director
The latest financial statements of Patan 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 2015 are in the company report.
The GSTIN of Patan Solar is 27AAFCP6744A1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Patan Solar is U40102MH2010PTC206704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Patan Solar has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Patan Solar was incorporated on 17 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Binita Hitesh Doshi ceased to be Director on 18 Jun 2022. Kirit Chimanlal Doshi was appointed as Director on 18 Jun 2022. Chimanlal Tribhuvandas Doshi ceased to be Director on 27 May 2022. Patan Solar has 7 board changes on record in total.
The registered office of Patan Solar is at 602 6th Floor Western Edge – I Western Express Highway Borivali East, Mumbai, Maharashtra, India – 400066.
Patan Solar operates in the machinery and equipment industry, in the industrial products retail and distribution segment.