Patel Solartech Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Ten, Gujarat, India, established in 2018.
2018 Ten, Gujarat, India Active
Last Updated:
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About Patel Solartech Private Limited

Patel Solartech Private Limited, a active private limited company, was established on 22 June 2018 in Ten, Gujarat, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U40106GJ2018PTC102976. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Its leadership includes Kevin Mukundbhai Patel (Director), Minalben Pinkeshbhai Patel (Director), Pinkeshkumar Punambhai Patel (Director). Past directors included Manju Mahesh Mittal, Raju B Kagalwala, Manishbhai Rameshbhai Sanghani. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at Shop No. 1,2,3, Vitoriya Avenue, First Floor Ta. Bardoli, Ten, Gujarat, 394601.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U40106GJ2018PTC102976

  • Registration Number

    102976

  • Incorporation Date

    22 June 2018

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 14 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth **** -81.60%
  • Profit Growth **** -111.15%
  • Ebitda **** 10.40%
  • Net Worth -4.64%
  • Total Assets **** 0.40%
Company report

Patel Solartech Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Patel Solartech Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Patel Solartech Private Limited?
Current Directors
Name Designation Appointment Date Status
Kevin Mukundbhai Patel Director 26 Jul 2023 Current
Minalben Pinkeshbhai Patel Director 30 Sep 2019 Current
Pinkeshkumar Punambhai Patel Director 22 Jun 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 12 Mar 2020 Past
Pramod Abcsdd Additional Director 25 Oct 2019 Past
Pramod Abcsdd Director 20 Oct 2023 Past
Pramod Abcsdd Director 30 Sep 2019 Past
Pramod Abcsdd Director 18 Oct 2021 Past

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Financial Performance of Patel Solartech.

Patel Solartech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 81.6% decrease. The company also saw a substantial fall in profitability, with a 111.15% decrease in profit. The company's net worth dipped by a decrease of 4.64%.

Patel Solartech revenue growth over time
Patel Solartech profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -81.60%
*******
*******
*******
*******
Revenue from Operations
*******
 -81.64%
*******
*******
*******
*******
Total Assets
*******
 0.40%
*******
*******
*******
*******
Profit or Loss
*******
 -111.15%
*******
*******
*******
*******
Net Worth
*******
 -4.64%
*******
*******
*******
*******
EBITDA
*******
 10.40%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Patel Solartech?

In 2023, Patel Solartech had a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Patel Solartech?

Unlock and access historical data on people associated with Patel Solartech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Patel Solartech, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Patel Solartech's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Patel Solartech
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Patel Solartech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was documented.

  • Director Appointment

    Progress on Kevin Mukundbhai Patel was appointed as a Director was appointed as a Director on 26 Jul 2023 & has been associated with this company since 2 years 11 months . was documented.

  • Balance Sheet

    Progress on Patel Solartech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad. was documented.

  • Director Appointment

    The activity Minalben Pinkeshbhai Patel was appointed as a Director was appointed as a Director on 30 Sep 2019 & has been associated with this company since 6 years 9 months . was completed.

  • Director Appointment

    The activity Pinkeshkumar Punambhai Patel was appointed as a Director was appointed as a Director on 22 Jun 2018 & has been associated with this company since 8 years 14 days . was completed.

  • Company Incorporation

    The activity Patel Solartech Private Limited was registered on 22 Jun 2018 with Roc Ahmedabad & aged 8 years 14 days as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Patel Solartech Private Limited?

The CIN of Patel Solartech Private Limited is U40106GJ2018PTC102976.

Where is Patel Solartech Private Limited headquartered?

Patel Solartech Private Limited is headquartered at Shop No. 1,2,3, Vitoriya Avenue, First Floor Ta. Bardoli, Ten, Gujarat, 394601.

When was Patel Solartech Private Limited incorporated?

Patel Solartech Private Limited was incorporated on 22 June 2018.

Who are the current directors of Patel Solartech Private Limited?

The current directors of Patel Solartech Private Limited are

What is the primary industry of Patel Solartech Private Limited?

The primary industry of Patel Solartech Private Limited is Trade.

Is Patel Solartech Private Limited a listed company?

Patel Solartech Private Limited is unlisted.

What is the capital structure of Patel Solartech Private Limited?

The authorized capital of Patel Solartech Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

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