About Plasmasolar LLP
Data last updated:
Plasmasolar LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 11 March 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAF-9118. Its GSTIN is 29AASFP3332N1ZJ (Karnataka).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Pramoda Navin and Naveen Bannady Bhoja.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at No. 37 3rd Main 6th Cross Lbs Nagar, Bangalore, Karnataka, India – 560017.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹89.2 Lakh, a growth of 96% compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 20% over five years.
The LLP is associated with 1 brand: PlasmaSolar.
For more details, the LLP can be reached via its website plasmasolar.in.
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- Registered AddressNo. 37 3rd Main 6th Cross Lbs Nagar, Bangalore, Karnataka, India – 560017
- IndustryBusiness Services, Other Services
- 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
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Financials of Plasmasolar LLP FY 2025 filings available
Plasmasolar LLP reported revenue of ₹89.2 Lakh (up 96% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Plasmasolar LLP
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 96% growth 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 of Plasmasolar LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | •••• | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Plasmasolar LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Plasmasolar are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Plasmasolar LLP
Plasmasolar LLP is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fototentia Diagnostics Private Limited | ₹90.46 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Mumbai, Maharashtra, India |
| Avichal Power Private Limited | ₹89.96 Lakh (FY 2025) | •••• | •••• | 97.0% | •••• | Amritsar, Punjab, India |
| Radiance MH Sunrise Nine Private Limited | ₹89.67 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Anushree Greentech India Private Limited | ₹89.36 Lakh (FY 2019) | •••• | •••• | 448.0% | •••• | Bangalore, Karnataka, India |
| Vector Green Newsolar Private Limited | ₹89.3 Lakh (FY 2025) | •••• | •••• | 5929.0% | •••• | Gurgaon, Haryana, India |
| Plasmasolar LLP this company | ₹89.2 Lakh (FY 2024) | •••• | •••• | 96.0% | •••• | Bangalore, Karnataka, India |
| Sunfinity Renewables Private Limited | ₹88.78 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| GSL Energy Solutions Private Limited | ₹88.55 Lakh (FY 2022) | •••• | •••• | -45.0% | •••• | Changampuzha Nagar, Kerala, India |
| Solargy Systems Private Limited | ₹88.51 Lakh (FY 2025) | •••• | •••• | 41.0% | •••• | Jaipur, Rajasthan, India |
| Minty Breeze Technologies Private Limited | ₹86.93 Lakh (FY 2025) | •••• | •••• | 4928.0% | •••• | Chennai, Tamil Nadu, India |
| Thinkraw Innovative Solutions Private Limited | ₹86.88 Lakh (FY 2025) | •••• | •••• | 2787.0% | •••• | Bhwanipatna, Odisha, India |
Peers are the five companies nearest above and the five nearest below Plasmasolar by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Designated Partners of Plasmasolar LLP
Plasmasolar has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramoda Navin | Designated Partner | 11 Mar 2016 | 10 Years 6 Months | Current |
| Naveen Bannady Bhoja | Designated Partner | 11 Mar 2016 | 10 Years 6 Months | Current |
Charges & Borrowings of Plasmasolar LLP
Plasmasolar LLP does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Plasmasolar LLP
Plasmasolar operates one associated brand: PlasmaSolar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides solar panel installations and consultancy for residential and commercial energy needs. | plasmasolar.in |
Employees and EPFO Compliance at Plasmasolar LLP
Employment history and EPFO contributions of people linked to Plasmasolar.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Plasmasolar LLP
Plasmasolar LLP has 2 designated partner changes on record since 2016: 2 appointments. The latest: Naveen Bannady Bhoja was appointed as Designated Partner on 11 Mar 2016.
Credit Ratings, Litigation & Regulatory Alerts for Plasmasolar LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Plasmasolar LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Plasmasolar LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Plasmasolar LLP
Plasmasolar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASFP3332N1ZJ | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Plasmasolar LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Plasmasolar LLP
Plasmasolar is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in other services, within the business services industry. It was incorporated on 11 March 2016 (10+ years old) and is registered under LLPIN AAF-9118.
Plasmasolar reported revenue of ₹89.2 Lakh for FY 2024 (up 96% YoY).
Plasmasolar has 2 current designated partners:
- Pramoda Navin - Designated Partner
- Naveen Bannady Bhoja - Designated Partner
The compounded annual growth rate (CAGR) of the revenue of Plasmasolar is 57% over three years and 20% over five years. In the latest year (FY 2024) revenue rose 96%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Plasmasolar is 29AASFP3332N1ZJ, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Plasmasolar is AAF-9118. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Plasmasolar was incorporated on 11 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Plasmasolar by revenue are Fototentia Diagnostics Private Limited, Avichal Power Private Limited, Radiance MH Sunrise Nine Private Limited, Anushree Greentech India Private Limited, Vector Green Newsolar Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Naveen Bannady Bhoja was appointed as Designated Partner on 11 Mar 2016. Pramoda Navin was appointed as Designated Partner on 11 Mar 2016.
Yes, Plasmasolar is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Plasmasolar can be reached through the website plasmasolar.in. Its registered office is in Bangalore, Karnataka, India.