MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0063463
RMS Solar Power Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2017
₹7.68 Cr
▲ 458% YoY
Net profit · FY 2017
₹5.72 Lakh
Net margin 0.7%
EBITDA · FY 2017
₹9.36 Lakh
EBITDA margin 1.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹45 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
3
Provident fund records
About RMS Solar Power Private Limited
Data last updated:
RMS Solar Power Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 28 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40104KA2013PTC069869. Its GSTIN is 29AAGCR4827H1Z2 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Srinivas Reddy Hanchinal and Rajashekhareddy Gonal.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at #114 Gayathri Hbcs Layout Basaveshwarnagar, Bangalore, Karnataka, India – 560079.
As per the financials filed for FY 2017, the company reported a revenue of ₹7.68 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.72 Lakh (net margin 0.7%) and EBITDA of ₹9.36 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 341% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: RMS Solar Solutions. As per MCA filings, the company has open charges of ₹45 Lakh on record.
RMS Solar Power Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0063463). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website rmssolar.com.
Company details
CIN U40104KA2013PTC069869
Registration Number 069869
Incorporation Date 28 June 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0063463
Key People
Srinivas Reddy Hanchinal Director Rajashekhareddy Gonal Director Sujaykumar Rajashekhar Mummigatti Director Recognitions & Rankings of RMS Solar Power
Contact details
RMS Solar Power Private Limited's registered office is in Bangalore, Karnataka. Its website is rmssolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#114 Gayathri Hbcs Layout Basaveshwarnagar, Bangalore, Karnataka, India – 560079
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of RMS Solar Power Private Limited, buy the company report.
Comprehensive company report
RMS Solar Power 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
Secure checkout · GST invoice included
Brands
RMS Solar Power operates one associated brand: RMS Solar Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a provider for solar installation and maintenance services. | rmssolar.com |
Business activity
The main business activity of RMS Solar Power 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 RMS Solar Power Private Limited, buy the company report.
Financials of RMS Solar Power Private Limited
FY 2017 filings availableRMS Solar Power Private Limited reported revenue of ₹7.68 Cr (up 458% YoY) for FY 2017.
Revenue · FY 2017
₹7.68 Cr ▲ 458%
Net profit · FY 2017
₹5.72 Lakh margin 0.7%
EBITDA · FY 2017
₹9.36 Lakh margin 1.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 458%
3 years · compounded
▲ 341%
EBITDA CAGR growth
1 year
▲ 212%
3 years · compounded
▲ 290%
Revenue has grown at a compounded annual rate (CAGR) of 341% over three years, including 458% growth in the latest year. EBITDA rose 212% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
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| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹9.36 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.72 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.2% | ||
| Net Profit Margin | 0.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of RMS Solar Power Private Limited, buy the company report.
Board of directors of RMS Solar Power Private Limited
RMS Solar Power has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivas Reddy Hanchinal | Director | 28 Jun 2013 | 13 Years 3 Months | Current |
| Rajashekhareddy Gonal | Director | 14 Nov 2016 | 9 Years 11 Months | Current |
| Sujaykumar Rajashekhar Mummigatti | Director | 18 Jul 2015 | 11 Years 3 Months | Current |
Peer comparison
RMS Solar Power Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Electronic Appliances Retail and Distribution, 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 |
|---|---|---|---|---|---|---|
| Sungold Energy Private Limited | ₹7.7 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Azure Power ( Punjab ) Private Limited | ₹7.69 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| RMS Solar Power Private Limitedthis company | ₹7.68 Cr (FY 2017) | ₹5.72 Lakh | 0.7% | 458.0% | 3 | Bangalore, Karnataka, India |
| Arkha Solar Power Private Limited | ₹7.67 Cr (FY 2025) | 5.0% | Hyderabad, Telangana, India |
To see the full peer comparison of RMS Solar Power Private Limited, buy the company report.
Auditor
RMS Solar Power Private Limited is audited by G. G. Patil & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G. G. Patil & Co. | FY 2016 |
Shareholding
The shareholding of RMS Solar Power Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of RMS Solar Power Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2016 | 100042080 | Others | ₹45 Lakh | Open |
To see the full charge records of RMS Solar Power Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving RMS Solar Power 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
No delayed payments to MSME suppliers are on our record for RMS Solar Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
RMS Solar Power Private Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
GST
RMS Solar Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCR4827H1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of RMS Solar Power Private Limited, buy the company report.
Recent activity
RMS Solar Power Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Rajashekhareddy Gonal ceased to be Additional Director on 30 Sep 2017.
Charges
A charge with Others of Rs. 45.00 Lakh registered on 30 May 2016 with Charge ID 100042080 was modified on 23 Nov 2017.
AGM
Rms Solar Power Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Ceased
Rajashekhareddy Gonal ceased to be Additional Director.
Filing
Rms Solar Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.
Appointed
Rajashekhareddy Gonal was appointed as Director.
Charges
A charge with Others amounted to Rs. 45.00 Lakh with Charge ID 100042080 was registered on 30 May 2016.
Ceased
Sujaykumar Rajashekhar Mummigatti ceased to be Additional Director.
Ceased
Ramachandra Reddy Muniswamy ceased to be Director.
Appointed
Sujaykumar Rajashekhar Mummigatti was appointed as Director.
Appointed
Srinivas Reddy Hanchinal was appointed as Director.
Incorporation
28 Jun 2013
Rms Solar Power Private Limited was registered on 28 Jun 2013 with Roc Bangalore & aged 13 years 4 months as per MCA records.
Frequently asked questions
RMS Solar Power is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 28 June 2013 (13+ years old) and is registered under CIN U40104KA2013PTC069869.
RMS Solar Power has 3 current directors:
- Srinivas Reddy Hanchinal - Director
- Rajashekhareddy Gonal - Director
- Sujaykumar Rajashekhar Mummigatti - Director
The latest financial statements of RMS Solar Power on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of RMS Solar Power is 29AAGCR4827H1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of RMS Solar Power is U40104KA2013PTC069869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RMS Solar Power was incorporated on 28 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of RMS Solar Power by revenue are Sungold Energy Private Limited, Azure Power ( Punjab ) Private Limited, Arkha Solar Power Private Limited, all in the Cleantech industry (Electronic Appliances Retail and Distribution, Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Rajashekhareddy Gonal ceased to be Additional Director on 30 Sep 2017. Rajashekhareddy Gonal was appointed as Director on 14 Nov 2016. Sujaykumar Rajashekhar Mummigatti ceased to be Additional Director on 30 Sep 2015. RMS Solar Power has 6 board changes on record in total.
Yes, RMS Solar Power is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0063463).
RMS Solar Power can be reached through the website rmssolar.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of RMS Solar Power is at #114 Gayathri Hbcs Layout Basaveshwarnagar, Bangalore, Karnataka, India – 560079.