Shriniwas Solar Energy Private Limited

Shriniwas Solar Energy Private Limited - energy and power in Ujjain, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U40108MP2020PTC052389 Incorporated 19 August 2020 ROC Gwalior HQ Ujjain, Madhya Pradesh, India
Active Private Limited Company energy and power MSME · Micro
Data last updated
Revenue · FY 2024
₹64.18 Lakh
▼ 34% YoY
Net loss · FY 2024
₹20,354
Net margin -0.3%
EBITDA · FY 2024
₹22.34 Lakh
EBITDA margin 34.8%
Authorised capital
₹95 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹12.97 Cr
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings

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

CIN U40108MP2020PTC052389
Registration Number 052389
Incorporation Date 19 August 2020
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-49-0018669

Recognitions & Rankings of Shriniwas Solar Energy

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MP-49-0018669

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 Address
    116 Mahashweta Nagar, Ujjain, Madhya Pradesh, India – 456010
  • Industry
    Energy and Power, Power Transmission & Distribution Services

To see the full contact details of Shriniwas Solar Energy Private Limited, buy the company report.

Comprehensive company report
Shriniwas Solar Energy 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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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD1Electric 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 available

Shriniwas Solar Energy Private Limited reported revenue of ₹64.18 Lakh (down 34% YoY) for FY 2024.

Revenue · FY 2024
₹64.18 Lakh ▼ 34%
Net loss · FY 2024
₹20,354 margin -0.3%
EBITDA · FY 2024
₹22.34 Lakh margin 34.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 165%
3 years · compounded
▼ 2%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹22.34 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹20,354
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin34.8%
Net Profit Margin-0.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Anand BangurDirector19 Aug 20206 Years 2 MonthsCurrent
Shilpi AgrawalDirector19 Aug 20206 Years 2 MonthsCurrent
Arpit BangurDirector13 Nov 20205 Years 11 MonthsCurrent
Mangla BangurDirector06 Jun 20224 Years 4 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 firmFinancial yearFirm registration number
Nilesh Subhash Agrawal & AssociatesFY 2023011427C

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 categoryFY 2023FY 2022FY 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

Open charges
₹5 Cr
Satisfied charges
₹12.97 Cr
Breakdown by lending institutions
Others₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Sep 2022100612689Others₹5 CrOpen
13 Nov 2020100388189Sidbi₹96.61 LakhSatisfied
16 Oct 2020100378802Sidbi₹12 CrSatisfied

To see the full charge records of Shriniwas Solar Energy Private Limited, buy the company report.

Total charge records: 3 View all charges

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.

1
Associated companies

Employees & EPFO

Shriniwas Solar Energy Private Limited has 1 active EPFO establishment as of Apr 09, 2024.

Active EPFO establishments
1

GST

Shriniwas Solar Energy has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
23ABECS2220C1Z4Madhya PradeshActive08 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.

AGM
Shriniwas Solar Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Shriniwas Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge registered on 13 Nov 2020 via Charge ID 100388189 with Sidbi was fully satisfied on 04 Oct 2022.
Charges
A charge registered on 16 Oct 2020 via Charge ID 100378802 with Sidbi was fully satisfied on 04 Oct 2022.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100612689 was registered on 03 Sep 2022.
Appointed
Mangla Bangur was appointed as Director.
Charges
A charge with Sidbi amounted to Rs. 96.61 Lakh with Charge ID 100388189 was registered on 13 Nov 2020.
Appointed
Arpit Bangur was appointed as Director.
Charges
A charge with Sidbi amounted to Rs. 1,200.00 Lakh with Charge ID 100378802 was registered on 16 Oct 2020.
Appointed
Anand Bangur was appointed as Director.
Appointed
Shilpi Agrawal was appointed as Director.
Incorporation
19 Aug 2020
Shriniwas Solar Energy Private Limited was registered on 19 Aug 2020 with Roc Gwalior & aged 6 years 2 months as per MCA records.

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:

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.