About Prasiddhi Solar Private Limited
Data last updated: 25 February 2026
Prasiddhi Solar Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in electronics manufacturing, a part of the broader consumer electronics and durables sector. Incorporated on 25 April 2019, the company has been in operation for over 7 years.
Registered with ROC Bangalore under CIN U74999KA2019PTC123785.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.48 Lakh. It is led by directors Naveen Chandra Shetty and Ganesh Shetty.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 293 1St Floor Bekkarle Complex 11Th Block Nagarbhavi 2Nd Stage, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.55 Cr, a decline of 17% compared to the previous year.
The company is associated with 1 brand - Prasiddhi Solar. As per MCA filings, the company has open charges of ₹3.64 Cr and satisfied charges of ₹58.7 Lakh on record.
For more details, the company can be reached via its website prasiddhisolar.com.
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Registered Address293 1St Floor Bekkarle Complex 11Th Block Nagarbhavi 2Nd Stage, Bangalore, Karnataka, India – 560072
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IndustryConsumer Electronics & Durables, Electronics Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Associated Brands with Prasiddhi Solar Private Limited
Prasiddhi Solar Private Limited operates one associated brand: Prasiddhi Solar. These brands represent Prasiddhi Solar Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Delivers high-quality solar energy products, installations, and services across various industries in India. | prasiddhisolar.com |
Competitors & Alternatives of Prasiddhi Solar Private Limited
Brands and companies operating in the same space as Prasiddhi Solar Private Limited include SolarSquare, Oorjan, ZunRoof and 2 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Provider of solar panel installation services | Mumbai, India, India | 2015 |
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Solar project financing and development | Mumbai, India, India | 2014 |
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Provider of solar panel installation and O&M services | Gurugram, India, India | 2016 |
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Solar energy solutions including installations, assessments, and financing are provided. | Mumbai, India, India | 2013 |
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Solar design, engineering, manufacturing, installation, and consultancy services are provided. | Kolkata, India, India | 2009 |
Business Activity of Prasiddhi Solar Private Limited
Prasiddhi Solar Private Limited is engaged in the principal business activity of electricity, gas, steam and air condition supply, with detailed activities including electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details for Prasiddhi Solar Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Prasiddhi Solar Private Limited
Prasiddhi Solar Private Limited is audited by BVC & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| BVC & Co | Locked | Locked | Locked |
Complete auditor history for Prasiddhi Solar Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Prasiddhi Solar Private Limited
Prasiddhi Solar Private Limited is currently managed by 2 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Chandra Shetty | Director | 25 Apr 2019 | 7 Years 3 Months | Current |
| Ganesh Shetty | Director | 25 Apr 2019 | 7 Years 3 Months | Current |
Financials of Prasiddhi Solar Private Limited FY 2025 filings available
Prasiddhi Solar Private Limited reported revenue of ₹11.55 Cr (down 17.00% YoY) for FY 2025.
Ten-year financial statements for Prasiddhi Solar Private Limited
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Ownership and Shareholding of Prasiddhi Solar Private Limited
Shareholding and ownership data for Prasiddhi Solar Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Charges & Borrowings of Prasiddhi Solar Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jun 2025 | State Bank of India | ₹13.5 Lakh | Open |
| 21 Jun 2022 | State Bank of India | ₹3.5 Cr | Open |
| 30 Jan 2020 | Others | ₹58.7 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Prasiddhi Solar Private Limited
View historical data on people associated with Prasiddhi Solar Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Prasiddhi Solar Private Limited
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GST Compliance of Prasiddhi Solar Private Limited
GST registrations and filing compliance for Prasiddhi Solar Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Prasiddhi Solar Private Limited
Credit ratings, litigation, and regulatory alerts for Prasiddhi Solar Private Limited
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MSME Payment Delays by Prasiddhi Solar Private Limited
MSME payment history for Prasiddhi Solar Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Prasiddhi Solar Private Limited
Corporate group structure for Prasiddhi Solar Private Limited
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MCA Filings & Documents of Prasiddhi Solar Private Limited
MCA filings and documents for Prasiddhi Solar Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Prasiddhi Solar Private Limited
Frequently Asked Questions about Prasiddhi Solar Private Limited
Prasiddhi Solar Private Limited is an active private limited company in the consumer electronics and durables sector based in Bangalore, Karnataka, India. It was incorporated on 25 April 2019 (7+ years old) and is registered under CIN U74999KA2019PTC123785.
Prasiddhi Solar Private Limited reported revenue of ₹11.55 Cr for FY 2025 (down 17.00% YoY).
The current directors of Prasiddhi Solar Private Limited are:
- Naveen Chandra Shetty - Director
- Ganesh Shetty - Director
The primary industry of Prasiddhi Solar Private Limited is consumer electronics and durables. The company specifically operates in electronics manufacturing. The company is currently active in this sector.
Prasiddhi Solar Private Limited can be reached at the registered office: 293 1St Floor Bekkarle Complex 11Th Block Nagarbhavi 2Nd Stage, Bangalore, Karnataka, India – 560072, or through the website prasiddhisolar.com.
The authorised capital is ₹10 Lakh, and the paid-up capital is ₹6.48 Lakh.