MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0065574
Quark Solar Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.63 Cr
▲ 7.18% YoY
Net profit · FY 2025
₹20.04 Lakh
Net margin 1%
EBITDA · FY 2025
₹65.14 Lakh
EBITDA margin 3.3%
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
Directors on board
2
As per MCA filings
About Quark Solar Private Limited
Data last updated:
Quark Solar Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Pae Limited. It operates in the power epc segment of the energy and power sector. It was incorporated on 20 July 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51397MH1998PTC115885. Its GSTIN is 27AACCA8325K1ZJ (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹93.85 Lakh. It was formerly known as Sky Naturenergy Private Limited and Onesun Private Limited. It is led by directors Sohini Pritam Doshi (Managing Director) and Pratibha Arvind Doshi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 69 Tardeo Road, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.63 Cr. For the same year it recorded a net profit of ₹20.04 Lakh (net margin 1%) and EBITDA of ₹65.14 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 20% over five years.
The company is associated with 2 brands: PAE Renewables and Quark Solar. As per MCA filings, the company has open charges of ₹1.75 Cr and satisfied charges of ₹55 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 1 deal on record (1 acquisition); the latest was in December 2016.
Quark Solar Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0065574). 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
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
MSME Classification Small
Udyam Registration UDYAM-MH-19-0065574
Name history
Quark Solar has undergone 10 name changes throughout its history. The current legal name is Quark Solar Private Limited.
| 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 |
Recognitions & Rankings of Quark Solar
Contact details
Quark Solar Private Limited's registered office is in Mumbai, Maharashtra. Its website is quarksolar.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address69 Tardeo Road, Mumbai, Maharashtra, India – 400034
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Quark Solar Private Limited, buy the company report.
Comprehensive company report
Quark Solar 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
₹799 ₹999 20% off excluding 18% GST
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Brands
Quark Solar operates two associated brands: PAE Renewables and Quark Solar. Each brand links to its own profile.
| 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 |
Business activity
The main business activity of Quark Solar 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 Quark Solar Private Limited, buy the company report.
Financials of Quark Solar Private Limited
FY 2025 filings availableQuark Solar Private Limited reported revenue of ₹19.63 Cr for FY 2025.
Revenue · FY 2025
₹19.63 Cr
Net profit · FY 2025
₹20.04 Lakh margin 1%
EBITDA · FY 2025
₹65.14 Lakh margin 3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 10%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 11%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years. EBITDA fell 18% 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 | ₹65.14 Lakh | ||||
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| Net Profit (PAT) | ₹20.04 Lakh | ||||
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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 | 3.3% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Quark Solar Private Limited, buy the company report.
Board of directors of Quark Solar Private Limited
Quark Solar has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratibha Arvind Doshi Also directs: Rajubai Consultancy LLP | Director | 28 Aug 2023 | 3 Years 1 Months | Current |
| Sohini Pritam Doshi | Managing Director | 03 Nov 2018 | 7 Years 11 Months | Current |
Auditor
Quark Solar Private Limited is audited by M B Agarwal And Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M B Agarwal And Co | FY 2023 | 100137W |
Shareholding
The shareholding of Quark Solar 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 Quark Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.75 Cr
Satisfied charges
₹55 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2022 | 100593693 | Others | ₹1.75 Cr | Open | |
| 12 Jan 2012 | 10333417 | The Jain Sahakari Bank Limited | ₹55 Lakh | Satisfied |
To see the full charge records of Quark Solar Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Quark Solar Private Limited has 1 deal on record (1 acquisition); the latest was in December 2016.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2016 | Acquisition | ₹6.8 Lakh | Seller: Pae Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Quark Solar Private Limited has 2 court cases on record: 2 filed by Quark Solar. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Quark Solar 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 Quark Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Quark Solar has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA8325K1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Quark Solar Private Limited, buy the company report.
Recent activity
Quark Solar Private Limited has 9 board changes on record since 2010: 2 appointments and 7 cessations. The latest: Pratibha Arvind Doshi ceased to be Additional Director on 29 Sep 2023.
AGM
Quark Solar Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Quark Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Pratibha Arvind Doshi ceased to be Additional Director.
Appointed
Pratibha Arvind Doshi was appointed as Director.
Charges
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
A charge with Others amounted to Rs. 1.75 Cr with Charge ID 100593693 was registered on 11 Jul 2022.
Ceased
Gopi Bhuvan Ajmera ceased to be Additional Director.
Ceased
Sohini Pritam Doshi ceased to be Additional Director.
Appointed
Sohini Pritam Doshi was appointed as Managing Director.
Charges
A charge registered on 12 Jan 2012 via Charge ID 10333417 with The Jain Sahakari Bank Limited was fully satisfied on 24 Nov 2017.
Ceased
Bhuvan Kirtikumar Ajmera ceased to be Director.
Ceased
Pritam Arvind Doshi ceased to be Director.
5 earlier events are in the company report.
Frequently asked questions
Quark Solar is an active private limited company based in Mumbai, Maharashtra, India. The company works in power epc, within the energy and power industry. It was incorporated on 20 July 1998 (28+ years old) and is registered under CIN U51397MH1998PTC115885.
Quark Solar has 2 current directors:
- Sohini Pritam Doshi - Managing Director
- Pratibha Arvind Doshi - Director
The latest financial statements of Quark Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Quark Solar is 27AACCA8325K1ZJ, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Quark Solar is U51397MH1998PTC115885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quark Solar has 2 court cases on record: 2 filed by the company.
Quark Solar was incorporated on 20 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Quark Solar has 1 deal on record (1 acquisition); the latest was in December 2016.
Pratibha Arvind Doshi ceased to be Additional Director on 29 Sep 2023. Pratibha Arvind Doshi was appointed as Director on 28 Aug 2023. Gopi Bhuvan Ajmera ceased to be Additional Director on 27 Nov 2018. Quark Solar has 9 board changes on record in total.
Yes, Quark Solar is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0065574).