- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-49-0018669

Shriniwas Solar Energy Private Limited
About Shriniwas Solar Energy Private Limited
Data last updated:
Shriniwas Solar Energy Private Limited is a private limited company based in Ujjain, Madhya Pradesh, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 19 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U40108MP2020PTC052389. Its GSTIN is 23ABECS2220C1Z4 (Madhya Pradesh).
The company has an authorised share capital of ₹95 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Anand Bangur and Shilpi Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 116 Mahashweta Nagar, Ujjain, Madhya Pradesh, India – 456010.
As per the financials filed for FY 2024, the company reported a revenue of ₹64.18 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹20,354 (net margin -0.3%) and EBITDA of ₹22.34 Lakh (EBITDA margin 34.8%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹12.97 Cr on record.
Shriniwas Solar Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-49-0018669). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Shriniwas Solar Energy
Contact details
Shriniwas Solar Energy Private Limited's registered office is in Ujjain, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address116 Mahashweta Nagar, Ujjain, Madhya Pradesh, India – 456010
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Shriniwas Solar Energy 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 Shriniwas Solar Energy 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 Shriniwas Solar Energy Private Limited, buy the company report.
Financials of Shriniwas Solar Energy Private Limited
FY 2024 filings availableShriniwas Solar Energy Private Limited reported revenue of ₹64.18 Lakh (down 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA rose 165% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹22.34 Lakh | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | -₹20,354 | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 34.8% | |||
| Net Profit Margin | -0.3% | |||
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To see the full financial statements and ratios of Shriniwas Solar Energy Private Limited, buy the company report.
Board of directors of Shriniwas Solar Energy Private Limited
Shriniwas Solar Energy has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Bangur Also directs: Sushen Remedies Private Limited, Parekhplast India Limited, Vyanktesh Plastics and Packagings Pvt Ltd and 5 more | Director | 19 Aug 2020 | 6 Years 2 Months | Current |
| Shilpi Agrawal Also directs: Perficient Bio Fuels LLP | Director | 19 Aug 2020 | 6 Years 2 Months | Current |
| Arpit Bangur Also directs: Vyanktesh Securities Imf Private Limited, Arpit Packaging Private Limited, Raaj Medisafe India Limited and 5 more | Director | 13 Nov 2020 | 5 Years 11 Months | Current |
| Mangla Bangur | Director | 06 Jun 2022 | 4 Years 4 Months | Current |
Peer comparison
Shriniwas Solar Energy 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 |
|---|---|---|---|---|---|---|
| Sandeep Wind Farms Private Limited | ₹64.71 Lakh (FY 2024) | 7.0% | Tirupur, Tamil Nadu, India | |||
| Eco Sol Energy Private Limited | ₹64.65 Lakh (FY 2021) | -11.0% | Udaipur, Rajasthan, India | |||
| Mahasudev Solar Vuk (OPC) Private Limited | ₹64.19 Lakh (FY 2024) | -2.0% | Dehradun, Uttarakhand, India | |||
| Shriniwas Solar Energy Private Limitedthis company | ₹64.18 Lakh (FY 2024) | -₹20,354 | -0.3% | -34.0% | Ujjain, Madhya Pradesh, India | |
| Solar Quest Projects One Private Limited | ₹62.9 Lakh (FY 2025) | 8.0% | Ajmer, Rajasthan, India |
To see the full peer comparison of Shriniwas Solar Energy Private Limited, buy the company report.
Auditor
Shriniwas Solar Energy Private Limited is audited by Nilesh Subhash Agrawal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nilesh Subhash Agrawal & Associates | FY 2023 | 011427C |
Shareholding
The shareholding of Shriniwas Solar Energy 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 Shriniwas Solar Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2022 | 100612689 | Others | ₹5 Cr | Open | |
| 13 Nov 2020 | 100388189 | Sidbi | ₹96.61 Lakh | Satisfied | |
| 16 Oct 2020 | 100378802 | Sidbi | ₹12 Cr | Satisfied |
To see the full charge records of Shriniwas Solar Energy Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Shriniwas Solar Energy 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 Shriniwas Solar Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shriniwas Solar Energy has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Shriniwas Solar Energy Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Shriniwas Solar Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23ABECS2220C1Z4 | Madhya Pradesh | Active | 08 Oct 2020 |
To see the full GST registrations and return filing status of Shriniwas Solar Energy Private Limited, buy the company report.
Recent activity
Shriniwas Solar Energy Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Mangla Bangur was appointed as Director on 06 Jun 2022.
Frequently asked questions
Shriniwas Solar Energy is an active private limited company based in Ujjain, Madhya Pradesh, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 19 August 2020 (6+ years old) and is registered under CIN U40108MP2020PTC052389.
Shriniwas Solar Energy has 4 current directors:
- Anand Bangur - Director
- Shilpi Agrawal - Director
- Arpit Bangur - Director
- Mangla Bangur - Director
The latest financial statements of Shriniwas Solar Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Shriniwas Solar Energy is 23ABECS2220C1Z4, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Shriniwas Solar Energy is U40108MP2020PTC052389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shriniwas Solar Energy was incorporated on 19 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Shriniwas Solar Energy by revenue are Sandeep Wind Farms Private Limited, Eco Sol Energy Private Limited, Mahasudev Solar Vuk (OPC) Private Limited, Solar Quest Projects One Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Mangla Bangur was appointed as Director on 06 Jun 2022. Arpit Bangur was appointed as Director on 13 Nov 2020. Anand Bangur was appointed as Director on 19 Aug 2020. Shriniwas Solar Energy has 4 board changes on record in total.
Yes, Shriniwas Solar Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-49-0018669).
The registered office of Shriniwas Solar Energy is at 116 Mahashweta Nagar, Ujjain, Madhya Pradesh, India – 456010.
Shriniwas Solar Energy operates in the energy and power industry, in the power transmission and distribution services segment.

