About Raajhans Solar Private Limited
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Raajhans Solar Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Hinduja Renewables Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 11 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2012FTC225946. Its GSTIN is 27AABCF8782C1ZJ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹24.08 Cr and a paid-up capital of ₹22.01 Cr. It was formerly known as Fonroche Raajhans Energy Private Limited. It is led by directors Natarajan Chandrasekaran and Deepaksingh Chandrasingh Thakur.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.35 Cr. For the same year it recorded a net profit of ₹3.94 Cr (net margin 34.8%) and EBITDA of ₹9.17 Cr (EBITDA margin 80.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹35.8 Cr and satisfied charges of ₹218.92 Cr 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 hindujagroup.com.
Company details
Contact details
Raajhans Solar Private Limited's registered office is in Mumbai, Maharashtra. Its website is hindujagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No 1 Ground Floor Boston House, Suren Road Off. Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryEnvironment, Solar Energy Solutions
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- 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
Business activity
The main business activity of Raajhans 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 Raajhans Solar Private Limited, buy the company report.
Financials of Raajhans Solar Private Limited
FY 2025 filings availableRaajhans Solar Private Limited reported revenue of ₹11.35 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years. EBITDA rose 8% 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 | ₹9.17 Cr | ||||
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| Net Profit (PAT) | ₹3.94 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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| EBITDA Margin | 80.8% | ||||
| Net Profit Margin | 34.8% | ||||
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To see the full financial statements and ratios of Raajhans Solar Private Limited, buy the company report.
Board of directors of Raajhans Solar Private Limited
Raajhans Solar has 2 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Natarajan Chandrasekaran Also directs: Aasia Enterprises LLP, HR Saraswati Energy Private Limited, HR Dhauliganga Private Limited and 5 more | Director | 03 Dec 2020 | 5 Years 10 Months | Current |
| Deepaksingh Chandrasingh Thakur Also directs: HR Saraswati Energy Private Limited, HR Dhauliganga Private Limited, HR Ramganga Private Limited and 5 more | Additional Director | 23 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Raajhans Solar Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Kiran Renewables Private Limited | ₹11.48 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Photon Solar Power Private Limited | ₹11.4 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Raajhans Solar Private Limitedthis company | ₹11.35 Cr (FY 2025) | ₹3.94 Cr | 34.8% | 7 | Mumbai, Maharashtra, India | |
| Green Infra Solar Generation Limited | ₹11.24 Cr (FY 2025) | 2.0% | Gurgaon, Haryana, India | |||
| Solarcraft Hukkeri Private Limited | ₹11.22 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Raajhans Solar Private Limited, buy the company report.
Auditor
Raajhans Solar Private Limited is audited by S R B C & Co Llp for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & Co Llp | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Raajhans 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 Raajhans Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2019 | 100293080 | Others | ₹35.8 Cr | Satisfied | |
| 12 Oct 2018 | 100231036 | Others | ₹40.92 Cr | Satisfied | |
| 23 Oct 2017 | 100141750 | Others | ₹41.92 Cr | Satisfied | |
| 01 Jun 2015 | 10571571 | Milestone Trusteeship Services Private Limited | ₹41 Cr | Satisfied | |
| 13 May 2013 | 10428092 | Indian Renewable Energy Development Agency Limited | ₹34.28 Cr | Satisfied |
To see the full charge records of Raajhans Solar Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Raajhans Solar Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Raajhans Solar Private Limited was last rated by Crisil on 30 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Sep 2020 |
To see the full credit ratings and regulatory alerts of Raajhans Solar Private Limited, buy the company report.
MSME payment delays
Raajhans Solar Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 42 overdue payments to 7 micro and small suppliers. 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 (5 of 7)
To see the full MSME payment records of Raajhans Solar Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Raajhans Solar Private Limited has a workforce of 7 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Raajhans Solar has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF8782C1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 08AABCF8782C1ZJ | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raajhans Solar Private Limited, buy the company report.
Recent activity
Raajhans Solar Private Limited has 16 board changes on record since 2015: 4 appointments and 12 cessations. The latest: Deepaksingh Chandrasingh Thakur was appointed as Additional Director on 23 Sep 2025.
22 earlier events are in the company report.
Frequently asked questions
Raajhans Solar is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 11 January 2012 (14+ years old) and is registered under CIN U40300MH2012FTC225946.
Raajhans Solar has 2 current directors:
- Natarajan Chandrasekaran - Director
- Deepaksingh Chandrasingh Thakur - Additional Director
The latest financial statements of Raajhans Solar 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 Raajhans Solar is 27AABCF8782C1ZJ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AABCF8782C1ZJ (Rajasthan).
The CIN (Corporate Identification Number) of Raajhans Solar is U40300MH2012FTC225946. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raajhans Solar was incorporated on 11 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Raajhans Solar by revenue are Kiran Renewables Private Limited, Photon Solar Power Private Limited, Green Infra Solar Generation Limited, Solarcraft Hukkeri Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Deepaksingh Chandrasingh Thakur was appointed as Additional Director on 23 Sep 2025. Dinesh Suryakant Ladwa was appointed as Company Secretary on 18 Feb 2025. Sumit Pandey ceased to be Additional Director on 27 Oct 2021. Raajhans Solar has 16 board changes on record in total.
Raajhans Solar has 10 MSME Form 1 returns on record between 2019 and 2024, listing 42 overdue payments to 7 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Raajhans Solar can be reached through the website hindujagroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Raajhans Solar is at Unit No 1 Ground Floor Boston House, Suren Road Off. Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093.
Raajhans Solar operates in the environment industry, in the solar energy solutions segment.
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