Solthermal Panels Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Mumbai, Maharashtra, India, established in 2015.

2015 Mumbai, Maharashtra, India Active

Last Updated: December 19, 2025

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About Solthermal Panels Private Limited

Solthermal Panels Private Limited, a active private limited company, was established on 20 February 2015 in Mumbai, Maharashtra, India. Engaging in electronics manufacturing within the manufacturing sector, it holds CIN: U31401MH2015PTC262109. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.10 Cr and a paid-up capital of ₹1.00 Cr.

Formerly known as Perfect Control Panels Private Limited. It upholds a compliant status. Its leadership includes Krishna Nimesh Mehta (Director), Parth Nimesh Mehta (Director). Past directors included Krishna Nimesh Mehta, Parth Nimesh Mehta, Bhanupratap Singh. It holds ₹2.22 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 1905, 19Th Floor, Rosella Mayuresh Chs, Bldg No 148, Pant Nagar Ghatkopar East, Mumbai, Maharashtra, 400075.

Company Details

CIN/LLPIN
U31401MH2015PTC262109
Registration Number
262109
Incorporation Date
20 February 2015
Authorized Capital
₹1.10 Cr
Paid-Up Capital
₹1.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.10 Cr as on 19-12-2025
Paid Up Capital ₹ 1.00 Cr as on 19-12-2025
Company Age 10 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 2.22 Cr as on 19-12-2025
Revenue Growth **** -19.90% (FY 2023)
Profit Growth **** -461.23% (FY 2023)
Ebitda **** -714.72% (FY 2023)
Net Worth -27.21% (FY 2023)
Total Assets **** 65.39% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Solthermal Panels 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 Solthermal Panels Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Krishna Nimesh Mehta	Director	23 Aug 2021	Current
Parth Nimesh Mehta	Director	28 May 2019	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	15 Sep 2021	Past
Pramod Abcsdd	Additional Director	30 Sep 2019	Past
Pramod Abcsdd	Director	01 Feb 2021	Past
Pramod Abcsdd	Director	09 Mar 2019	Past
Pramod Abcsdd	Director	09 Mar 2019	Past
Pramod Abcsdd	Director	14 Feb 2022	Past

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Financial Performance of Solthermal Panels.

Solthermal Panels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.9% decrease. The company also saw a substantial fall in profitability, with a 461.23% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.21%.

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

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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

********

-19.90%

*******

Revenue from Operations

*******

-20.08%

*******

Total Assets

*******

65.39%

*******

Profit or Loss

*******

-461.23%

*******

Net Worth

*******

-27.21%

*******

EBITDA

*******

-714.72%

*******

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What is the Ownership and Shareholding Structure of Solthermal Panels?

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Shareholding Pattern (FY 2024)

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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Charges (Loans)

Open Charges

₹22,200,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 1.97 Cr
Tjsb Sahakari Bank Limited : 0.25 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Jul 2024	Others	₹2.70 M	Open
11 Jul 2023	Tjsb Sahakari Bank Limited	₹2.50 M	Open
05 Jul 2016	Others	₹1.70 Cr	Open

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How Many Employees Work at Solthermal Panels?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Solthermal Panels, 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 Solthermal Panels's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Solthermal Panels

Recent Activity within the Organization

Annual General Meeting

Solthermal Panels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Balance Sheet

Progress on Solthermal Panels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Charges

The activity A charge with Others amounted to Rs. 0.27 Cr with Charge ID 100955672 was registered on 10 Jul 2024. was completed.
10 Jul 2024
Charges

Progress on A charge with Tjsb Sahakari Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100770807 was registered on 11 Jul 2023. was documented.
11 Jul 2023
Director Appointment

Krishna Nimesh Mehta was appointed as a Director was appointed as a Director on 23 Aug 2021 & has been associated with this company since 4 years 5 months . was recorded as a recent event.
23 Aug 2021
Director Appointment

Parth Nimesh Mehta was appointed as a Director was appointed as a Director on 28 May 2019 & has been associated with this company since 6 years 8 months . was recorded as a recent event.
28 May 2019

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