Quark Solar Private Limited

Quark Solar Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U51397MH1998PTC115885 Incorporated 20 July 1998 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company energy and power
Data last updated
Revenue · FY 2025
₹19.63 Cr
▲ 7.18% YoY
EBITDA · FY 2025
*****
▼ 18.00% YoY
Net profit · FY 2025
*****
▼ 2.00% YoY
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹93.85 Lakh
Issued & subscribed
Open charges
₹1.75 Cr
Satisfied ₹55 Lakh
Company age
28 yrs
Est. 1998
Last financials
Mar 2025
Balance sheet date

About Quark Solar Private Limited

Data last updated: 11 January 2026

Quark Solar Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Pae Limited. It specialises in power epc, a part of the broader energy and power sector. Incorporated on 20 July 1998, the company has been in operation for over 28 years.

Registered with ROC Mumbai under CIN U51397MH1998PTC115885.

Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹93.85 Lakh. Formerly known as Sky Naturenergy Private Limited and Onesun Private Limited. It is led by directors Pratibha Arvind Doshi and Sohini Pritam Doshi.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 69 Tardeo Road, Mumbai, Maharashtra, India – 400034.

As per the financials filed for FY 2025, the company reported a revenue of ₹19.63 Cr, a growth of 0% compared to the previous year.

It operates as a subsidiary of Pae Limited.

The company is associated with 2 brands - Pae Renewables, Quark Solar. As per MCA filings, the company has open charges of ₹1.75 Cr and satisfied charges of ₹55 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quarksolar.in.

Company Details of Quark Solar Private Limited
CIN U51397MH1998PTC115885
Registration Number 115885
Incorporation Date 20 July 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Pae Limited
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    69 Tardeo Road, Mumbai, Maharashtra, India – 400034
  • Industry
    Energy and Power, Power EPC, BoP & BTG Services
Company report
Quark Solar Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
  • PDF report delivered after checkout
₹799 ₹999 20% off
Secure checkout · GST invoice included

Unlock the full Quark Solar Private Limited report

Financials, compliance, directors, charges, ownership and filings for Quark Solar Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Quark Solar Private Limited

Quark Solar Private Limited has undergone 10 name changes throughout its history. The current legal name is Quark Solar Private Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Quark Solar Private Limited Current
Sky Naturenergy Private Limited Previous
Onesun Private Limited Previous
Power Onesun Private Limited Previous
Ascent Medical India Private Limited Previous
Elio Power Private Limited Previous
Pae Renewables Private Limited Previous
Onesun Green Power Private Limited Previous
Onesun Urja Private Limited Previous
Onesun Solar Power Private Limited Previous
Elio Solar Private Limited Previous

Associated Brands with Quark Solar Private Limited

Quark Solar Private Limited operates two associated brands: PAE Renewables and Quark Solar. These brands represent Quark Solar Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Designs and installs solar energy systems for sustainable solutions. paerenewables.com
Delivers turnkey EPC services for commercial solar projects in India. quarksolar.in

Competitors & Alternatives of Quark Solar Private Limited

Brands and companies operating in the same space as Quark Solar Private Limited include Lightsource BP, Rays Power Infra, Fourth Partner Energy and 7 more.

Competitor Description Location Founded
Lightsource BP Lightsource BP Solar energy projects are developed and operated by Lightsource BP. Holborn, United Kingdom, United Kingdom 2010
Rays Power Infra Rays Power Infra Turnkey solar engineering, procurement, and construction solutions are provided. Jaipur, India, India 2011
Fourth Partner Energy Fourth Partner Energy On-grid and off-grid solar solutions and products are provided. Hyderabad, India, India 2010
Freyr Energy Freyr Energy Solar energy projects are developed for residential and commercial applications. Hyderabad, India, India 2014
Oriano Solar Oriano Solar Solar energy projects are developed by Oriano Solar in India. Mumbai, India, India 2015
GREW GREW Provider of a range of solar products and services Ahmedabad, India, India 2022
Prozeal Green Prozeal Green Provider of solar EPC, IPP services, and battery energy storage systems Ahmedabad, India, India 2011
Mahindra Susten Mahindra Susten Turnkey EPC services for solar power plants are provided. Mumbai, India, India 2010
SB Energy SB Energy Solar energy projects are developed and managed globally. Delhi, India, India 2015
Amplus Solar Amplus Solar Solar installation services and renewable energy solutions are provided. Gurugram, India, India 2008

Business Activity of Quark Solar Private Limited

Quark 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 *********

Auditor Details of Quark Solar Private Limited

Quark Solar Private Limited is audited by M B Agarwal And 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
M B Agarwal And Co blur-value blur-value blur-value

Board of Directors of Quark Solar Private Limited

Quark Solar Private Limited is currently managed by 3 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Pratibha Arvind Doshi Director 28 Aug 2023 2 Years 10 Months Current
Sohini Pritam Doshi Managing Director 03 Nov 2018 7 Years 8 Months Current

Financials of Quark Solar Private Limited FY 2025 filings available

Quark Solar Private Limited reported revenue of ₹19.63 Cr (up 0% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹19.63 Cr ▲ 0%
Profit
***** ▼ -2%
EBITDA
***** ▼ -18%
Metrics
*****
*****
*****
*****
*****
Revenue
Revenue from Operations
*****
*****
*****
*****
*****
Revenue Growth %
*****
*****
*****
*****
*****
Other Income
*****
*****
*****
*****
*****
Total Revenue
*****
*****
*****
*****
*****
Expenses
Total Expenses
*****
*****
*****
*****
*****
Raw Material Cost
*****
*****
*****
*****
*****
Change in Inventory FG
*****
*****
*****
*****
*****
Change in Inventory WIP
*****
*****
*****
*****
*****
Purchase of Traded Goods
*****
*****
*****
*****
*****
Employee Cost
*****
*****
*****
*****
*****
Managerial Remuneration
*****
*****
*****
*****
*****
Audit Fees
*****
*****
*****
*****
*****
Insurance
*****
*****
*****
*****
*****
Power & Fuel
*****
*****
*****
*****
*****
Interest
*****
*****
*****
*****
*****
Depreciation
*****
*****
*****
*****
*****
Other Expenses
*****
*****
*****
*****
*****
Profitability
EBITDA (Operating Profit)
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
Exceptional Items
*****
*****
*****
*****
*****
Extraordinary Items
*****
*****
*****
*****
*****
Profit Before Exceptional & Extraordinary Items
*****
*****
*****
*****
*****
Profit Before Tax
*****
*****
*****
*****
*****
Tax & Net Profit
Tax Expense
*****
*****
*****
*****
*****
Current Tax
*****
*****
*****
*****
*****
Deferred Tax
*****
*****
*****
*****
*****
Profit from Discontinued Operations
*****
*****
*****
*****
*****
Tax on Discontinued Operations
*****
*****
*****
*****
*****
Profit
*****
*****
*****
*****
*****
Net Margin %
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Shareholders' Funds
Total Shareholders' Funds
*****
*****
*****
*****
*****
Equity Capital
*****
*****
*****
*****
*****
Reserves & Surplus
*****
*****
*****
*****
*****
Money Against Warrants
*****
*****
*****
*****
*****
Other Equity
*****
*****
*****
*****
*****
Non-Current Liabilities
Total Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Borrowings
*****
*****
*****
*****
*****
Deferred Tax Liabilities
*****
*****
*****
*****
*****
Other Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Provisions
*****
*****
*****
*****
*****
Current Liabilities
Total Current Liabilities
*****
*****
*****
*****
*****
Short-Term Borrowings
*****
*****
*****
*****
*****
Trade Payables
*****
*****
*****
*****
*****
Other Current Liabilities
*****
*****
*****
*****
*****
Short-Term Provisions
*****
*****
*****
*****
*****
Total Equity & Liabilities
*****
*****
*****
*****
*****
Non-Current Assets
Non-Current Assets
*****
*****
*****
*****
*****
Tangible Assets
*****
*****
*****
*****
*****
Intangible Assets
*****
*****
*****
*****
*****
Capital WIP
*****
*****
*****
*****
*****
Intangibles Under Dev
*****
*****
*****
*****
*****
Investments
*****
*****
*****
*****
*****
Deferred Tax Assets
*****
*****
*****
*****
*****
LT Loans & Advances
*****
*****
*****
*****
*****
Other Non-Current Assets
*****
*****
*****
*****
*****
Current Assets
Current Assets
*****
*****
*****
*****
*****
Current Investments
*****
*****
*****
*****
*****
Inventories
*****
*****
*****
*****
*****
Trade Receivables
*****
*****
*****
*****
*****
Cash & Bank Balance
*****
*****
*****
*****
*****
ST Loans & Advances
*****
*****
*****
*****
*****
Other Current Assets
*****
*****
*****
*****
*****
Total Assets
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Cash from Operating Activities (CFO)
Profit Before Tax
*****
*****
*****
*****
*****
Non-Cash Adjustments
*****
*****
*****
*****
*****
+ Interest Expense
*****
*****
*****
*****
*****
+ Depreciation
*****
*****
*****
*****
*****
+/- Unrealized Forex
*****
*****
*****
*****
*****
- Dividend Income
*****
*****
*****
*****
*****
- Interest Income
*****
*****
*****
*****
*****
+/- Other Non-Cash Items
*****
*****
*****
*****
*****
Changes in Working Capital
*****
*****
*****
*****
*****
+/- Inventory
*****
*****
*****
*****
*****
+/- Debtors
*****
*****
*****
*****
*****
+/- Creditors
*****
*****
*****
*****
*****
Reconciliation Adjustments
*****
*****
*****
*****
*****
Cash Generated from Operations
*****
*****
*****
*****
*****
Income Taxes Paid
*****
*****
*****
*****
*****
Net CFO (Cash from Operations)
*****
*****
*****
*****
*****
Cash from Investing Activities (CFI)
Acquisitions & Disposals
*****
*****
*****
*****
*****
Disposal of Subsidiaries
*****
*****
*****
*****
*****
Acquisition of Subsidiaries
*****
*****
*****
*****
*****
Capex
*****
*****
*****
*****
*****
Purchase of Fixed Assets
*****
*****
*****
*****
*****
Sale of Fixed Assets
*****
*****
*****
*****
*****
Other Investing Cash Flows
*****
*****
*****
*****
*****
Net CFI (Cash from Investing)
*****
*****
*****
*****
*****
Cash from Financing Activities (CFF)
Equity Issuance
*****
*****
*****
*****
*****
Debt Raised
*****
*****
*****
*****
*****
Debt Repaid
*****
*****
*****
*****
*****
Dividends Paid
*****
*****
*****
*****
*****
Interest Paid
*****
*****
*****
*****
*****
Net CFF (Cash from Financing)
*****
*****
*****
*****
*****
Net Cash Position
Net Change in Cash (Pre-Forex)
*****
*****
*****
*****
*****
Closing Cash & Equivalents
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Liquidity
Current Ratio
*****
*****
*****
*****
*****
Quick Ratio
*****
*****
*****
*****
*****
Cash Ratio
*****
*****
*****
*****
*****
Efficiency
Inventory Days
*****
*****
*****
*****
*****
Debtor Days
*****
*****
*****
*****
*****
Creditor Days
*****
*****
*****
*****
*****
Cash Conversion Cycle
*****
*****
*****
*****
*****
Asset Turnover
*****
*****
*****
*****
*****
Profitability
Net Profit Margin %
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
ROE %
*****
*****
*****
*****
*****
ROCE %
*****
*****
*****
*****
*****
Net Worth Margin %
*****
*****
*****
*****
*****
Growth
Revenue Growth %
*****
*****
*****
*****
*****
Leverage
Equity Multiplier
*****
*****
*****
*****
*****
Debt / EBITDA
*****
*****
*****
*****
*****
Solvency
D/E Ratio
*****
*****
*****
*****
*****
ICR
*****
*****
*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Quark Solar Private Limited

As of FY 2023, Quark Solar Private Limited's shareholding pattern shows 90.00% by promoters, 10.00% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Quark Solar Private Limited

Open charges
₹1.75 Cr
Satisfied charges
₹55 Lakh
Breakdown by lending institutions
Others₹1.75 Cr
Latest charge details
DateLenderAmountStatus
11 Jul 2022 Others ₹1.75 Cr Open
12 Jan 2012 The Jain Sahakari Bank Limited ₹55 Lakh Satisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Quark Solar Private Limited

View historical data on people associated with Quark Solar Private Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Quark Solar Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Quark Solar Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Quark Solar Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Quark Solar Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Quark Solar Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Quark Solar Private Limited

MSME Payment Delays by Quark Solar Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Quark Solar Private Limited

Subsidiaries & Group Companies of Quark Solar Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Quark Solar Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Quark Solar Private Limited

MCA Filings & Documents of Quark Solar Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Quark Solar Private Limited

Activity
30 Sep 2025
Quark Solar Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Quark Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
28 Aug 2023
Pratibha Arvind Doshi was appointed as a Director on 28 Aug 2023 & has been associated with this company since 2 years 10 months.
Charges
03 Aug 2023
A charge with Others of Rs. 1.75 Cr registered on 11 Jul 2022 with Charge ID 100593693 was modified on 03 Aug 2023.
Charges
11 Jul 2022
A charge with Others amounted to Rs. 1.75 Cr with Charge ID 100593693 was registered on 11 Jul 2022.
Directors
01 Jan 2022
Pritam Arvind Doshi was appointed as a CEO on 01 Jan 2022 & has been associated with this company since 4 years 6 months.

Frequently Asked Questions about Quark Solar Private Limited

Quark Solar Private Limited is an active private limited company in the energy and power sector based in Mumbai, Maharashtra, India. It was incorporated on 20 July 1998 (28+ years old) and is registered under CIN U51397MH1998PTC115885.

Quark Solar Private Limited reported revenue of ₹19.63 Cr for FY 2025 (up 0.00% YoY).

The current directors of Quark Solar Private Limited are:

The primary industry of Quark Solar Private Limited is energy and power. The company specifically operates in power epc. The company is currently active in this sector.

Quark Solar Private Limited can be reached at the registered office: 69 Tardeo Road, Mumbai, Maharashtra, India – 400034, or through the website quarksolar.in.

The authorised capital is ₹10 Cr, and the paid-up capital is ₹93.85 Lakh.

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

Subscription plans available