MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-08-0048783
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HFM Solar (Up-2) Private Limited - energy and power in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.53 Cr
▲ 1580% YoY
Net profit · FY 2025
₹8.65 Lakh
Net margin 2.5%
EBITDA · FY 2025
₹3 Cr
EBITDA margin 85%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.15 Cr
Issued & subscribed
Open charges
₹17 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About HFM Solar (Up-2) Private Limited
Data last updated:
HFM Solar (Up-2) Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Hfm Solar Power Private Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 08 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U68100DL2019PTC345675. Its GSTIN is 07AAFCH5015A1Z7 (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.15 Cr. It is led by directors including Medhir Jain and Dharmendra Jain.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 69 Fiee Complex Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.53 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.65 Lakh (net margin 2.5%) and EBITDA of ₹3 Cr (EBITDA margin 85%).
As per MCA filings, the company has open charges of ₹17 Cr on record.
HFM Solar (Up-2) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0048783). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hfmsolar.com.
Company details
CIN U68100DL2019PTC345675
Registration Number 345675
Incorporation Date 08 February 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Hfm Solar Power Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-08-0048783
CIN history
HFM Solar (Up-2) has one previous CIN (Corporate Identification Number): U40106DL2019PTC345675. The current CIN is U68100DL2019PTC345675, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100DL2019PTC345675 | Current |
| U40106DL2019PTC345675 | Previous |
Recognitions & Rankings of HFM Solar (Up-2)
Contact details
HFM Solar (Up-2) Private Limited's registered office is in New Delhi, Delhi. Its website is hfmsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 69 Fiee Complex Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of HFM Solar (Up-2) Private Limited, buy the company report.
Comprehensive company report
HFM Solar (Up-2) Private Limited - one report that includes everything
- 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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Business activity
The main business activity of HFM Solar (Up-2) 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 HFM Solar (Up-2) Private Limited, buy the company report.
Financials of HFM Solar (Up-2) Private Limited
FY 2025 filings availableHFM Solar (Up-2) Private Limited reported revenue of ₹3.53 Cr (up 1580% YoY) for FY 2025.
Revenue · FY 2025
₹3.53 Cr ▲ 1580%
Net profit · FY 2025
₹8.65 Lakh margin 2.5%
EBITDA · FY 2025
₹3 Cr margin 85%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.65 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 85% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of HFM Solar (Up-2) Private Limited, buy the company report.
Board of directors of HFM Solar (Up-2) Private Limited
HFM Solar (Up-2) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Medhir Jain Also directs: HFM Roof Top Energy Private Limited, HFM Solar (Up-3) Private Limited, HFM Solar Power Limited and 4 more | Director | 08 Apr 2023 | 3 Years 6 Months | Current |
| Dharmendra Jain Also directs: HFM Asset Management Private Limited, HFM Roof Top Energy Private Limited, HFM Solar (Up-1) Private Limited and 5 more | Director | 08 Feb 2019 | 7 Years 8 Months | Current |
| Om Prakash Jaipuria Also directs: HFM Asset Management Private Limited, HFM Roof Top Energy Private Limited, HFM Solar (Up-1) Private Limited and 3 more | Director | 25 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
HFM Solar (Up-2) Private Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (Solar 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 |
|---|---|---|---|---|---|---|
| Mulgunds Energy Private Limited | ₹3.55 Cr (FY 2024) | 16.0% | Udupi, Karnataka, India | |||
| Aurad Solar Private Limited | ₹3.54 Cr (FY 2025) | -6.0% | Hyderabad, Telangana, India | |||
| Fpel Beat Energy Private Limited | ₹3.54 Cr (FY 2024) | 32365.0% | Hyderabad, Telangana, India | |||
| HFM Solar (Up-2) Private Limitedthis company | ₹3.53 Cr (FY 2025) | ₹8.65 Lakh | 2.5% | 1580.0% | New Delhi, Delhi, India | |
| Renxsol Ecotech Private Limited | ₹3.52 Cr (FY 2025) | -59.0% | Bangalore, Karnataka, India | |||
| Sunfront Energy Private Limited | ₹3.52 Cr (FY 2024) | 385.0% | Jaipur, Rajasthan, India | |||
| Abhyudaya Green Economic Zones Private Limited | ₹3.51 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| Poorva Solar Power Private Limited | ₹3.51 Cr (FY 2025) | -8.0% | Hyderabad, Telangana, India |
To see the full peer comparison of HFM Solar (Up-2) Private Limited, buy the company report.
Auditor
HFM Solar (Up-2) Private Limited is audited by DHAWAN AND Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHAWAN AND Co. | FY 2023 | 002864N |
Shareholding
The shareholding of HFM Solar (Up-2) Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of HFM Solar (Up-2) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2023 | 100741174 | State Bank of India | ₹17 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving HFM Solar (Up-2) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
HFM Solar (Up-2) Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hind Solar |
To see the full MSME payment records of HFM Solar (Up-2) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
HFM Solar (Up-2) has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCH5015A1Z7 | Delhi | Active | 21 Dec 2020 |
| 07AAECH8072N1Z2 | Delhi | Active | 19 Apr 2023 |
| 09AAECH8072N1ZY | Uttar Pradesh | Active | 28 Feb 2023 |
To see the full GST registrations and return filing status of HFM Solar (Up-2) Private Limited, buy the company report.
Recent activity
HFM Solar (Up-2) Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Om Prakash Jaipuria was appointed as Director on 25 Jul 2025.
AGM
Hfm Solar (Up-2) Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Appointed
Om Prakash Jaipuria was appointed as Director.
Filing
Hfm Solar (Up-2) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Medhir Jain ceased to be Additional Director.
Ceased
Om Prakash Jaipuria ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 17.00 Cr with Charge ID 100741174 was registered on 24 May 2023.
Appointed
Medhir Jain was appointed as Director.
Appointed
Dharmendra Jain was appointed as Director.
Incorporation
08 Feb 2019
Hfm Solar (Up-2) Private Limited was registered on 08 Feb 2019 with Roc Delhi & aged 7 years 8 months as per MCA records.
Frequently asked questions
HFM Solar (Up-2) is an active private limited company based in New Delhi, Delhi, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 08 February 2019 (7+ years old) and is registered under CIN U68100DL2019PTC345675.
HFM Solar (Up-2) has 3 current directors:
- Medhir Jain - Director
- Dharmendra Jain - Director
- Om Prakash Jaipuria - Director
The latest financial statements of HFM Solar (Up-2) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of HFM Solar (Up-2) is 07AAFCH5015A1Z7, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AAECH8072N1Z2 (Delhi), 09AAECH8072N1ZY (Uttar Pradesh).
The CIN (Corporate Identification Number) of HFM Solar (Up-2) is U68100DL2019PTC345675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HFM Solar (Up-2) was incorporated on 08 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of HFM Solar (Up-2) by revenue are Mulgunds Energy Private Limited, Aurad Solar Private Limited, Fpel Beat Energy Private Limited, Renxsol Ecotech Private Limited, Sunfront Energy Private Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Om Prakash Jaipuria was appointed as Director on 25 Jul 2025. Medhir Jain ceased to be Additional Director on 21 Sep 2023. Om Prakash Jaipuria ceased to be Director on 29 May 2023. HFM Solar (Up-2) has 5 board changes on record in total.
Yes, HFM Solar (Up-2) is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-08-0048783).
HFM Solar (Up-2) has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 Apr 2024.
HFM Solar (Up-2) can be reached through the website hfmsolar.com. Its registered office is in New Delhi, Delhi, India.
The registered office of HFM Solar (Up-2) is at A – 69 Fiee Complex Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
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