About Poly Solar Parks Private Limited
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Poly Solar Parks Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Greenko Solar Energy Private Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 14 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40105TG2013PTC090536. Its GSTIN is 37AAHCP4363R1ZM (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹39.08 Lakh. It is led by directors Nidasanametla Rao Seshagiri and Srinivas Popuri.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 13 Sy.No.64 Part Block – D First Floor Hitech City Layout Madhapur Village, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.03 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹1.84 Cr (net margin -7.7%) and EBITDA of ₹19.87 Cr (EBITDA margin 82.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Greenko Group. As per MCA filings, the company has open charges of ₹127.6 Cr and satisfied charges of ₹1,464 Cr on record. Court records list 6 cases involving the company, including 5 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. For more details, the company can be reached via its website sunedison.com.
Company details
CIN history
Poly Solar Parks has one previous CIN (Corporate Identification Number): U40105AP2013PTC090536. The current CIN is U40105TG2013PTC090536, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40105TG2013PTC090536 | Current |
| U40105AP2013PTC090536 | Previous |
Contact details
Poly Solar Parks Private Limited's registered office is in Hyderabad, Telangana. Its website is sunedison.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 13 Sy.No.64 Part Block – D First Floor Hitech City Layout Madhapur Village, Hyderabad, Telangana, India – 500081
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Poly 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
Brands
Poly Solar Parks operates one associated brand: Greenko Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Energy transition and decarbonization solutions are provided by Greenko Group. | greenkogroup.com |
Business activity
The main business activity of Poly 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 Poly Solar Parks Private Limited, buy the company report.
Financials of Poly Solar Parks Private Limited
FY 2025 filings availablePoly Solar Parks Private Limited reported revenue of ₹24.03 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 6% fall in the latest year. EBITDA rose 4% 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 | ₹19.87 Cr | ||||
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| Net Profit (PAT) | -₹1.84 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 82.7% | ||||
| Net Profit Margin | -7.7% | ||||
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To see the full financial statements and ratios of Poly Solar Parks Private Limited, buy the company report.
Board of directors of Poly Solar Parks Private Limited
Poly Solar Parks has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidasanametla Rao Seshagiri Also directs: Sei Sriram Power Private Limited, Sei Sriram Power Private Limited, Sei Phoebus Private Limited and 5 more | Director | 27 Oct 2016 | 9 Years 11 Months | Current |
| Srinivas Popuri Also directs: Sei Sriram Power Private Limited, Sei Sriram Power Private Limited, Sei Phoebus Private Limited and 5 more | Director | 06 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Poly Solar Parks Private Limited is compared with the 8 companies closest to it by revenue in the Cleantech industry (Wind Power), 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 |
|---|---|---|---|---|---|---|
| Veh Radiant Energy Private Limited | ₹24.47 Cr (FY 2025) | 1085.0% | Hyderabad, Telangana, India | |||
| Apraava Wind Energy (Theni - Project II) Private Limited | ₹24.38 Cr (FY 2025) | -25.0% | Ahmedabad, Gujarat, India | |||
| Samanvaya Holdings Private Limited | ₹24.18 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| Poly Solar Parks Private Limitedthis company | ₹24.03 Cr (FY 2025) | -₹1.84 Cr | -7.7% | -6.0% | 18 | Hyderabad, Telangana, India |
| Amreli Renewable Energy Private Limited | ₹23.91 Cr (FY 2025) | -10.0% | Rajkot, Gujarat, India | |||
| Green Infra Wind Energy Project Private Limited | ₹23.88 Cr (FY 2024) | -42.0% | Gurgaon, Haryana, India | |||
| Parmeshwar Dyeing and Printing Mills Private Limited | ₹23.82 Cr (FY 2025) | -14.0% | Surat, Gujarat, India | |||
| Ostro Renewables Private Limited | ₹23.78 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| K K P Fabrics Private Limited | ₹23.74 Cr (FY 2025) | 29.0% | Namakkal, Tamil Nadu, India |
To see the full peer comparison of Poly Solar Parks Private Limited, buy the company report.
Auditor
Poly Solar Parks Private Limited is audited by AKASAM & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKASAM & ASSOCIATES | FY 2021 | 005832S |
Shareholding
The shareholding of Poly Solar Parks Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Poly Solar Parks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2017 | 100139998 | Idbi Trusteeship Services Limited | ₹127.6 Cr | Open | |
| 25 Jun 2021 | 100457327 | Idbi Trusteeship Services Limited | ₹500 Cr | Satisfied | |
| 26 Jun 2020 | 100356071 | Others | ₹275 Cr | Satisfied | |
| 22 Jul 2019 | 100277160 | Others | ₹275 Cr | Satisfied | |
| 21 Jun 2016 | 100038836 | Others | ₹266 Cr | Satisfied |
To see the full charge records of Poly Solar Parks Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Poly Solar Parks Private Limited has 6 court cases on record: 5 filed by Poly Solar Parks, 1 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 2 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Southern Power Distribution Company of Andhra Pradesh Ltd(Apspdcl) and 4 others | Pending |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against Southern Power Distribution Company of Andhra Pradesh Limited and 2 others | Pending |
| High Court, ANDHRAPRADESH | Appeal | Filed by the company against Renew Power Limited and 16 others | Disposed |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed by the company against Renew Power Limited Through Its Authorised Signatory Corporate Office at Commercial Block 1, Zone 6 Golf Course Road, DLF City PH - V ,Gurgaon , Haryana and 16 others | Disposed |
| High Court of Andhra Pradesh | Appeal | Filed by the company against Eastern Power Distribution Company of Andhra Pradesh Limited, and 2 others | Disposed |
To see the full case history of Poly 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Poly Solar Parks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Poly Solar Parks Private Limited has a workforce of 18 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Poly Solar Parks has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAHCP4363R1ZM | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Poly Solar Parks Private Limited, buy the company report.
Recent activity
Poly Solar Parks Private Limited has 10 board changes on record since 2015: 2 appointments and 8 cessations. The latest: Srinivas Popuri ceased to be Additional Director on 28 Sep 2020.
14 earlier events are in the company report.
News
Frequently asked questions
Poly Solar Parks is an active private limited company based in Hyderabad, Telangana, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 14 October 2013 (13+ years old) and is registered under CIN U40105TG2013PTC090536.
Poly Solar Parks has 2 current directors:
- Nidasanametla Rao Seshagiri - Director
- Srinivas Popuri - Director
The latest financial statements of Poly Solar Parks on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Poly Solar Parks is 37AAHCP4363R1ZM, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Poly Solar Parks is U40105TG2013PTC090536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Poly Solar Parks has 6 court cases on record: 5 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Poly Solar Parks was incorporated on 14 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Poly Solar Parks by revenue are Veh Radiant Energy Private Limited, Apraava Wind Energy (Theni - Project II) Private Limited, Samanvaya Holdings Private Limited, Amreli Renewable Energy Private Limited, Green Infra Wind Energy Project Private Limited and 3 more, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Srinivas Popuri ceased to be Additional Director on 28 Sep 2020. Srinivas Popuri was appointed as Director on 06 Dec 2019. Akshaya Babu Vaddiraj ceased to be Additional Director on 29 Dec 2016. Poly Solar Parks has 10 board changes on record in total.
Poly Solar Parks can be reached through the website sunedison.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Poly Solar Parks is at Plot No. 13 Sy.No.64 Part Block – D First Floor Hitech City Layout Madhapur Village, Hyderabad, Telangana, India – 500081.