MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0104744
Relyon Solar Private Limited - environment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹53.4 Cr
▲ 28% YoY
Net profit · FY 2025
₹3.96 Cr
Net margin 7.4%
EBITDA · FY 2025
₹5.64 Cr
EBITDA margin 10.6%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹57.86 Lakh
Issued & subscribed
Open charges
₹13.06 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
7
Provident fund records
About Relyon Solar Private Limited
Data last updated:
Relyon Solar Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 13 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U40106PN2010PTC136074. Its GSTIN is 08AAECR7425D1ZG (Rajasthan). The company holds 11 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹57.86 Lakh. It is led by directors including Gundu Machindra Sabde (Managing Director) and Ranjana Gundu Sabde.
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 6th Floor Office No. 606 Kapil Zenth It Sno 55 Hno 1 Bavdhan Kh, Pune, Maharashtra, India – 411021.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.4 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹3.96 Cr (net margin 7.4%) and EBITDA of ₹5.64 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 23% over five years.
The company has about 7 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: RelyOn Solar. As per MCA filings, the company has open charges of ₹13.06 Cr on record. Court records list 23 cases involving the company, including 23 filed against it; 4 cases are pending. The company has 23 deals on record (19 convertible or debt financings, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹10.01 Cr; the latest was in March 2019.
Relyon Solar Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0104744). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website relyonsolar.com.
Company details
CIN U40106PN2010PTC136074
Registration Number 136074
Incorporation Date 13 April 2010
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0104744
Key People
Gundu Machindra Sabde Managing Director Ranjana Gundu Sabde Director Scott Gerald Meikle Director Recognitions & Rankings of Relyon Solar
Contact details
Relyon Solar Private Limited's registered office is in Pune, Maharashtra. Its website is relyonsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6th Floor Office No. 606 Kapil Zenth It Sno 55 Hno 1 Bavdhan Kh, Pune, Maharashtra, India – 411021
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Relyon Solar Private Limited, buy the company report.
Comprehensive company report
Relyon 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
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Brands
Relyon Solar operates one associated brand: RelyOn Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar systems are designed and installed for diverse applications. | relyonsolar.com |
Business activity
The main business activity of Relyon 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 Relyon Solar Private Limited, buy the company report.
Financials of Relyon Solar Private Limited
FY 2025 filings availableRelyon Solar Private Limited reported revenue of ₹53.4 Cr (up 28% YoY) for FY 2025.
Revenue · FY 2025
₹53.4 Cr ▲ 28%
Net profit · FY 2025
₹3.96 Cr margin 7.4%
EBITDA · FY 2025
₹5.64 Cr margin 10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 69%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 79%
5 years · compounded
▲ 45%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 28% growth in the latest year. EBITDA rose 39% 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 | ₹5.64 Cr | ||||
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| Net Profit (PAT) | ₹3.96 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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| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 7.4% | ||||
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To see the full financial statements and ratios of Relyon Solar Private Limited, buy the company report.
Board of directors of Relyon Solar Private Limited
Relyon Solar has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjana Gundu Sabde Also directs: Roboxel Innovations Private Limited, Sileaf Technologies Private Limited, Solesto Energy Private Limited and 1 more | Director | 13 Apr 2010 | 16 Years 6 Months | Current |
| Scott Gerald Meikle | Director | 06 Aug 2012 | 14 Years 2 Months | Current |
| Gundu Machindra Sabde Also directs: Roboxel Innovations Private Limited, Sileaf Technologies Private Limited, Solesto Energy Private Limited and 1 more | Managing Director | 27 Apr 2010 | 16 Years 5 Months | Current |
Auditor
Relyon Solar Private Limited is audited by MALANI SOMANI CHANDAK & ASSOCIATE for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MALANI SOMANI CHANDAK & ASSOCIATE | FY 2020 | 119584W |
Shareholding
The shareholding of Relyon Solar Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Relyon Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.06 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Aug 2025 | 101139816 | Others | ₹1.5 Cr | Open | |
| 26 Jul 2019 | 100295637 | Others | ₹1.32 Lakh | Open | |
| 12 Jul 2019 | 100295644 | Others | ₹1.32 Lakh | Open | |
| 12 Jul 2019 | 100295647 | Others | ₹1.32 Lakh | Open | |
| 26 Jun 2019 | 100295630 | Others | ₹1.32 Lakh | Open |
To see the full charge records of Relyon Solar Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Relyon Solar Private Limited has 23 deals on record (19 convertible or debt financings, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹10.01 Cr; the latest was in March 2019.
Total deals
23
Convertible or debt financings
19
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹10.01 Cr
Deals on record (4 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Funding round | ₹82.4 Lakh | Investors: 2 individuals |
| Sep 2011 | Funding round | ₹9.6 Lakh | Investors: an individual |
To see the full deal history of Relyon Solar Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Relyon Solar Private Limited has 23 court cases on record: 23 filed against it. 4 cases are pending and 19 are disposed.
Total cases
23
Filed against the company
23
Pending
4
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 23 | 4 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Arohan Financial Services Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Iifl Finance Limited | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Ckers Finance Private Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Edelweiss Retail Finance Limited | Disposed |
To see the full case history of Relyon 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 Relyon Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Relyon Solar has 4 subsidiary companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
4
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Roboxel Innovations Private Limited | U29305PN2018PTC178240 | |
| Sileaf Technologies Private Limited | U31900PN2016PTC158826 | |
| Solesto Energy Private Limited | U31909PN2017PTC168852 | |
| Nirjara Solar Energy & Power Private Limited | U40300PN2018PTC175088 |
To see the full group structure of Relyon Solar Private Limited, buy the company report.
Employees & EPFO
Relyon Solar Private Limited has a workforce of 7 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-12.5%
GST
Relyon Solar has 11 GST registrations: 9 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
9
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAECR7425D1ZG | Rajasthan | Active | 01 Jul 2017 |
| 09AAECR7425D1ZE | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AAECR7425D1ZV | Bihar | Active | 01 Jul 2017 |
| 19AAECR7425D1ZD | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Relyon Solar Private Limited, buy the company report.
Recent activity
Relyon Solar Private Limited has 5 board changes on record since 2010: 4 appointments and 1 cessation. The latest: Scott Gerald Meikle was appointed as Director on 06 Aug 2012.
AGM
Relyon Solar Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 101139816 was registered on 08 Aug 2025.
Filing
Relyon Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others of Rs. 480.00 Lakh registered on 20 Jul 2015 with Charge ID 10585362 was modified on 15 Apr 2024.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 24 Jul 2015 with Charge ID 10585360 was modified on 01 Feb 2022.
Charges
A charge with Others amounted to Rs. 1.32 Lakh with Charge ID 100295637 was registered on 26 Jul 2019.
Charges
A charge with Others amounted to Rs. 1.32 Lakh with Charge ID 100295644 was registered on 12 Jul 2019.
Charges
A charge with Others amounted to Rs. 1.32 Lakh with Charge ID 100295647 was registered on 12 Jul 2019.
Charges
A charge with Others amounted to Rs. 1.32 Lakh with Charge ID 100295630 was registered on 26 Jun 2019.
Charges
A charge with Others amounted to Rs. 1.32 Lakh with Charge ID 100295642 was registered on 26 Jun 2019.
Charges
A charge with Others amounted to Rs. 14.16 Lakh with Charge ID 100276711 was registered on 02 Apr 2019.
Charges
A charge with Others of Rs. 350.00 Lakh registered on 10 Mar 2017 with Charge ID 100088594 was modified on 14 Mar 2017.
12 earlier events are in the company report.
Frequently asked questions
Relyon Solar is an active private limited company based in Pune, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 13 April 2010 (16+ years old) and is registered under CIN U40106PN2010PTC136074.
Relyon Solar has 3 current directors:
- Gundu Machindra Sabde - Managing Director
- Ranjana Gundu Sabde - Director
- Scott Gerald Meikle - Director
The latest financial statements of Relyon 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 Relyon Solar is 08AAECR7425D1ZG, registered in Rajasthan. The company has 11 GST registrations in all, of which 9 are active and 2 are cancelled or inactive. Other active GSTINs include 09AAECR7425D1ZE (Uttar Pradesh), 10AAECR7425D1ZV (Bihar), 19AAECR7425D1ZD (West Bengal).
The CIN (Corporate Identification Number) of Relyon Solar is U40106PN2010PTC136074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Relyon Solar has 23 court cases on record: 23 filed against it. 4 are pending.
Relyon Solar was incorporated on 13 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
Relyon Solar has 23 deals on record (19 convertible or debt financings, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹10.01 Cr; the latest was in March 2019.
Scott Gerald Meikle was appointed as Director on 06 Aug 2012. Nitin Shelke ceased to be Director on 08 Jun 2010. Gundu Machindra Sabde was appointed as Managing Director on 27 Apr 2010. Relyon Solar has 5 board changes on record in total.
Yes, Relyon Solar is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0104744).