Sevalal Solar Private Limited
About Sevalal Solar Private Limited
Data last updated:
Sevalal Solar Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Kurlon Enterprise Limited. It operates in the power trading and energy markets segment of the energy and power sector. It was incorporated on 22 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40106KA2016PTC094328. Its GSTIN is 29AAXCS2243P1ZD (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Jitendra Kanhaiyalal Purohit and Gev Framroze Engineer.
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 N – 301 3rd Floor North Block Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.53 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹37.26 Lakh (net margin -239.9%) and EBITDA of -₹20.59 Lakh (EBITDA margin -132.6%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sevalal Solar Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressN – 301 3rd Floor North Block Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India – 560042
- IndustryEnergy and Power, Power Trading & Energy Markets
To see the full contact details of Sevalal Solar 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 Sevalal Solar is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Sevalal Solar Private Limited, buy the company report.
Financials of Sevalal Solar Private Limited
FY 2025 filings availableSevalal Solar Private Limited reported revenue of ₹15.53 Lakh (down 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over three years, including a 48% fall in the latest year. EBITDA fell 55% 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 | -₹20.59 Lakh | ||||
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| Net Profit (PAT) | -₹37.26 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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| EBITDA Margin | -132.6% | ||||
| Net Profit Margin | -239.9% | ||||
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To see the full financial statements and ratios of Sevalal Solar Private Limited, buy the company report.
Board of directors of Sevalal Solar Private Limited
Sevalal Solar has 7 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Katpady Madhava Kini Also directs: Canara Steel and Real Estates Limited, Manipal Springs Limited, Sirar Solar Energies Private Limited and 5 more | Additional Director | 25 Mar 2021 | 5 Years 7 Months | Current |
| Jitendra Kanhaiyalal Purohit Also directs: Sirar Solar Energies Private Limited, Sirar Dhotre Solar Private Limited, Manipal Stock and Share Brokers Limited and 5 more | Director | 25 Aug 2022 | 4 Years 2 Months | Current |
| Gev Framroze Engineer | Director | 22 Nov 2019 | 6 Years 11 Months | Current |
| Aspi Nariman Katgara Also directs: Sirar Solar Energies Private Limited, Sirar Dhotre Solar Private Limited, Polo Queen Industrial and Fintech Limited and 2 more | Director | 12 May 2020 | 6 Years 6 Months | Current |
| Yazdin Jimmy Mistry Also directs: Sirar Solar Energies Private Limited, Sirar Dhotre Solar Private Limited, Kanara Global Products LLP and 5 more | Director | 29 Nov 2019 | 6 Years 11 Months | Current |
| Shakunthala Nayak | Director | 22 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Sevalal Solar Private Limited is audited by ASA & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASA & Associates LLP | FY 2023 | 009571N/N500006 |
Shareholding
The shareholding of Sevalal 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 Sevalal Solar Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sevalal 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sevalal Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sevalal Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCS2243P1ZD | Karnataka | Active | 01 Aug 2021 |
To see the full GST registrations and return filing status of Sevalal Solar Private Limited, buy the company report.
Recent activity
Sevalal Solar Private Limited has 24 board changes on record since 2016: 7 appointments and 17 cessations. The latest: Jitendra Kanhaiyalal Purohit ceased to be Additional Director on 30 Sep 2022.
15 earlier events are in the company report.
Frequently asked questions
Sevalal Solar is an active private limited company based in Bangalore, Karnataka, India. The company works in power trading and energy markets, within the energy and power industry. It was incorporated on 22 June 2016 (10+ years old) and is registered under CIN U40106KA2016PTC094328.
Sevalal Solar has 7 current directors:
- Katpady Madhava Kini - Additional Director
- Jitendra Kanhaiyalal Purohit - Director
- Gev Framroze Engineer - Director
- Aspi Nariman Katgara - Director
- Yazdin Jimmy Mistry - Director
- Shakunthala Nayak - Director
- Sunil Dasharath Chavan - Director
The latest financial statements of Sevalal 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 FY 2017 are in the company report.
The GSTIN of Sevalal Solar is 29AAXCS2243P1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Sevalal Solar is U40106KA2016PTC094328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sevalal Solar was incorporated on 22 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Jitendra Kanhaiyalal Purohit ceased to be Additional Director on 30 Sep 2022. Ajit Kiran Durbha ceased to be Director on 31 Aug 2022. Shamsunder Ramarathnam Shankam ceased to be Director on 31 Aug 2022. Sevalal Solar has 24 board changes on record in total.
The registered office of Sevalal Solar is at N – 301 3rd Floor North Block Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India – 560042.
Sevalal Solar operates in the energy and power industry, in the power trading and energy markets segment.
The compliance status of Sevalal Solar is compliant as of 13 September 2026. The company is actively filing with the Registrar of Companies.
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