About Sangam Solar One Private Limited
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Sangam Solar One Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 04 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2020PTC337130. Its GSTIN is 24AACCW6785H1ZY (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹3,000 Cr and a paid-up capital of ₹700.01 Cr. It is led by directors including Ankit Hitesh Doshi and Pujan Pankaj Doshi.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 602 6th Floor Western Edge – I Western Express Highway Borivali (East), Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.93 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.02 Cr (net margin -34.9%) and EBITDA of -₹27.4 Lakh (EBITDA margin -9.4%).
For more details, the company can be reached via its website waaree.com.
Company details
Contact details
Sangam Solar One Private Limited's registered office is in Mumbai, Maharashtra. Its website is waaree.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address602 6th Floor Western Edge – I Western Express Highway Borivali (East), Mumbai, Maharashtra, India – 400066
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Sangam Solar One Private Limited, buy the company report.
- 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 Sangam Solar One 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 Sangam Solar One Private Limited, buy the company report.
Financials of Sangam Solar One Private Limited
FY 2025 filings availableSangam Solar One Private Limited reported revenue of ₹2.93 Cr (up 6266% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹27.4 Lakh | ||||
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| Net Profit (PAT) | -₹1.02 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 | -9.4% | ||||
| Net Profit Margin | -34.9% | ||||
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To see the full financial statements and ratios of Sangam Solar One Private Limited, buy the company report.
Board of directors of Sangam Solar One Private Limited
Sangam Solar One has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Hitesh Doshi | Director | 04 Feb 2020 | 6 Years 8 Months | Current |
| Pujan Pankaj Doshi Also directs: Waaree PV Power LLP, Waasol Energies LLP, Waaree Renewable Technologies Limited and 5 more | Director | 04 Feb 2020 | 6 Years 8 Months | Current |
| Amit Ashok Paithankar | Director | 26 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Sangam Solar One Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Vma Wind Energy India Private Limited | ₹2.96 Cr (FY 2024) | -1.0% | Erode, Tamil Nadu, India | |||
| Vaayu Renewable Energy (Muthamalpuram) Private Limited | ₹2.95 Cr (FY 2025) | -6.0% | Vile Parle, Mumbai, Maharashtra, India | |||
| Shri Shanti Solar Energy Private Limited | ₹2.95 Cr (FY 2025) | 0.0% | Jamnagar, Gujarat, India | |||
| Naviitor Resources Private Limited | ₹2.95 Cr (FY 2025) | 68.0% | Pune, Maharashtra, India | |||
| Bharat Alt Fuel Private Limited | ₹2.93 Cr (FY 2023) | Navi Mumbai, Maharashtra, India | ||||
| Sangam Solar One Private Limitedthis company | ₹2.93 Cr (FY 2025) | -₹1.02 Cr | -34.9% | 6266.0% | Mumbai, Maharashtra, India | |
| NCLR Bharath Hi-Tecch Infrastructure Private Limited | ₹2.93 Cr (FY 2025) | -11.0% | Bangalore, Karnataka, India | |||
| Sovox Renewables Private Limited | ₹2.91 Cr (FY 2024) | -13.0% | Gurgaon, Haryana, India | |||
| Gaur Hydro Power Private Limited | ₹2.91 Cr (FY 2025) | -10.0% | Kullu, Himachal Pradesh, India | |||
| Omega Natural Polarity Private Limited | ₹2.91 Cr (FY 2019) | 86.0% | Mumbai, Maharashtra, India | |||
| Transcare Power Solutions Private Limited | ₹2.9 Cr (FY 2024) | 119.0% | Durgapur, West Bengal, India |
To see the full peer comparison of Sangam Solar One Private Limited, buy the company report.
Auditor
Sangam Solar One Private Limited is audited by M.N. Sheth & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.N. Sheth & Associates | FY 2023 | 110061W |
Shareholding
The shareholding of Sangam Solar One Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sangam Solar One Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sangam Solar One 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 Sangam Solar One Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sangam Solar One has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCW6785H1ZY | Gujarat | Active | 17 Jul 2020 |
| 24ABDCS3684B1ZJ | Gujarat | Active | 18 Mar 2024 |
| 21ABDCS3684B1ZP | Odisha | Active | 02 Jul 2024 |
To see the full GST registrations and return filing status of Sangam Solar One Private Limited, buy the company report.
Recent activity
Sangam Solar One Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Amit Ashok Paithankar was appointed as Director on 26 Mar 2025.
Frequently asked questions
Sangam Solar One is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 04 February 2020 (6+ years old) and is registered under CIN U40300MH2020PTC337130.
Sangam Solar One has 3 current directors:
- Ankit Hitesh Doshi - Director
- Pujan Pankaj Doshi - Director
- Amit Ashok Paithankar - Director
The latest financial statements of Sangam Solar One on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Sangam Solar One is 24AACCW6785H1ZY, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24ABDCS3684B1ZJ (Gujarat), 21ABDCS3684B1ZP (Odisha).
The CIN (Corporate Identification Number) of Sangam Solar One is U40300MH2020PTC337130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sangam Solar One was incorporated on 04 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sangam Solar One by revenue are Vma Wind Energy India Private Limited, Vaayu Renewable Energy (Muthamalpuram) Private Limited, Shri Shanti Solar Energy Private Limited, Naviitor Resources Private Limited, Bharat Alt Fuel Private Limited and 5 more, all in the same principal business activity (electric power generation, transmission and distribution).
Amit Ashok Paithankar was appointed as Director on 26 Mar 2025. Ankit Hitesh Doshi was appointed as Director on 04 Feb 2020. Pujan Pankaj Doshi was appointed as Director on 04 Feb 2020.
Sangam Solar One can be reached through the website waaree.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sangam Solar One is at 602 6th Floor Western Edge – I Western Express Highway Borivali East, Mumbai, Maharashtra, India – 400066.
Sangam Solar One operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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