About Polepally Solar Parks Private Limited
Data last updated:
Polepally Solar Parks Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Vector Green Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 26 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40106HR2013PTC119343. Its GSTIN is 36AAHCP5388G1Z0 (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹84 Cr and a paid-up capital of ₹82.52 Cr. It is led by directors including Bhuvnesh Sah and Sourav Das.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.7 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹25.17 Cr (net margin 70.5%) and EBITDA of ₹43.62 Cr (EBITDA margin 122.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹410.71 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firstsolar.com.
Company details
CIN history
Polepally Solar Parks has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40106HR2013PTC119343, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106HR2013PTC119343 | Current |
| U40106TG2013PTC091946 | Previous |
| U40106AP2013PTC091946 | Previous |
Contact details
Polepally Solar Parks Private Limited's registered office is in Gurgaon, Haryana. Its website is firstsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBuilding 7A Level 5, DLF Cyber City, Gurgaon, Haryana, India – 122002
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Polepally Solar Parks Private Limited, buy the company report.
- 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
Business activity
The main business activity of Polepally Solar Parks 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 |
To see the full business activity and turnover split of Polepally Solar Parks Private Limited, buy the company report.
Financials of Polepally Solar Parks Private Limited
FY 2025 filings availablePolepally Solar Parks Private Limited reported revenue of ₹35.7 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 1% growth in the latest year. EBITDA rose 36% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹43.62 Cr | ||||
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| Net Profit (PAT) | ₹25.17 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 122.2% | ||||
| Net Profit Margin | 70.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Polepally Solar Parks Private Limited, buy the company report.
Board of directors of Polepally Solar Parks Private Limited
Polepally Solar Parks has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhuvnesh Sah | Director | 10 Jan 2023 | 3 Years 9 Months | Current |
| Sourav Das | Director | 10 Jan 2023 | 3 Years 9 Months | Current |
| Deelip Vitthal Pund | Director | 24 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Polepally Solar Parks Private Limited is compared with the 6 companies closest to it by revenue in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cial Infrastructures Limited | ₹38.4 Cr (FY 2025) | -10.0% | Nedumbasserry, Kerala, India | |||
| Tanti Holdings Private Limited | ₹37.48 Cr (FY 2025) | 63.0% | Ahmedabad, Gujarat, India | |||
| Adani Transmission Step-Eight Limited | ₹36.4 Cr (FY 2025) | 282.0% | Ahmedabad, Gujarat, India | |||
| Polepally Solar Parks Private Limitedthis company | ₹35.7 Cr (FY 2025) | ₹25.17 Cr | 70.5% | 1.0% | Gurgaon, Haryana, India | |
| Prabhat Renewable Energy and Agro Limited | ₹35.16 Cr (FY 2025) | 258.0% | Mumbai, Maharashtra, India | |||
| Up Mehrauni - I Urja Private Limited | ₹34.12 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Green Infra Clean Energy Limited | ₹34.02 Cr (FY 2025) | 30.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Polepally Solar Parks Private Limited, buy the company report.
Auditor
Polepally Solar Parks Private Limited is audited by Haribhakti & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Haribhakti & Co. LLP | FY 2023 | 103523W/W100048 |
Shareholding
The shareholding of Polepally Solar Parks Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Polepally Solar Parks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2022 | 100544093 | Others | ₹13 Cr | Satisfied | |
| 29 Sep 2021 | 100490751 | Others | ₹126.84 Cr | Satisfied | |
| 13 Feb 2019 | 100243350 | Others | ₹10.12 Cr | Satisfied | |
| 19 Dec 2017 | 100147652 | Others | ₹134.25 Cr | Satisfied | |
| 30 Mar 2016 | 100054444 | Others | ₹126.5 Cr | Satisfied |
To see the full charge records of Polepally Solar Parks Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Polepally Solar Parks Private Limited has 4 court cases on record: 4 filed by Polepally Solar Parks. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against Transmission Corporation of Telangana Limited. and 7 others | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against individuals | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against individuals | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Polepally Solar Parks 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.
Credit ratings & regulatory alerts
Polepally Solar Parks Private Limited was last rated by Indiarating on 30 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 30 Dec 2021 |
To see the full credit ratings and regulatory alerts of Polepally Solar Parks Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polepally Solar Parks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polepally Solar Parks has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCP5388G1Z0 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Polepally Solar Parks Private Limited, buy the company report.
Recent activity
Polepally Solar Parks Private Limited has 17 board changes on record since 2014: 3 appointments and 14 cessations. The latest: Khushboo Nilesh Rawat ceased to be Company Secretary on 20 Mar 2024.
21 earlier events are in the company report.
News
Frequently asked questions
Polepally Solar Parks is an active private limited company based in Gurgaon, Haryana, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 26 December 2013 (13+ years old) and is registered under CIN U40106HR2013PTC119343.
Polepally Solar Parks has 3 current directors:
- Bhuvnesh Sah - Director
- Sourav Das - Director
- Deelip Vitthal Pund - Director
The latest financial statements of Polepally Solar Parks on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Polepally Solar Parks is 36AAHCP5388G1Z0, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Polepally Solar Parks is U40106HR2013PTC119343. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polepally Solar Parks has 4 court cases on record: 4 filed by the company. 2 are pending.
Polepally Solar Parks was incorporated on 26 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Polepally Solar Parks by revenue are Cial Infrastructures Limited, Tanti Holdings Private Limited, Adani Transmission Step-Eight Limited, Prabhat Renewable Energy and Agro Limited, Up Mehrauni - I Urja Private Limited and 1 more, all in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution).
Khushboo Nilesh Rawat ceased to be Company Secretary on 20 Mar 2024. Deelip Vitthal Pund ceased to be Additional Director on 28 Sep 2023. Sourav Das ceased to be Additional Director on 28 Sep 2023. Polepally Solar Parks has 17 board changes on record in total.
Polepally Solar Parks can be reached through the website firstsolar.com. Its registered office is in Gurgaon, Haryana, India.
The registered office of Polepally Solar Parks is at Building 7A Level 5, DLF Cyber City, Gurgaon, Haryana, India – 122002.
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