About Skypower Solar India Private Limited
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Skypower Solar India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Skypower Southeast Asia Iv Investments Ltd.. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 04 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2015PTC276295. Its GSTIN is 07AAVCS5318K1ZP (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹1.24 Lakh. It is led by directors Rajesh Kumar Goel and Bharat Nareshkumar Saxena.
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 Ambassador Hotel Sujan Singh Park, New Delhi, Delhi, India – 110003.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.6 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹15.05 Cr (net margin 26.6%) and EBITDA of ₹29.98 Cr (EBITDA margin 53%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company is associated with 1 brand: SkyPower. As per MCA filings, the company has open charges of ₹185 Cr and satisfied charges of ₹361.51 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 6 deals on record (4 rights issues, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹18.75 Cr; the latest was in November 2020. Its 9 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 larger and 4 smaller; the largest is Clean Max Theia Private Limited with revenue of ₹57.64 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website skypower.com.
Company details
Contact details
Skypower Solar India Private Limited's registered office is in New Delhi, Delhi. Its website is skypower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAmbassador Hotel Sujan Singh Park, New Delhi, Delhi, India – 110003
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Skypower Solar India 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
Brands
Skypower Solar India operates one associated brand: SkyPower. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar energy projects are developed globally by SkyPower. | skypower.com |
Business activity
The main business activity of Skypower Solar India 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 Skypower Solar India Private Limited, buy the company report.
Financials of Skypower Solar India Private Limited
FY 2024 filings availableSkypower Solar India Private Limited reported revenue of ₹56.6 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 3% growth in the latest year. EBITDA rose 87% 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 | FY 2019-20 |
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| EBITDA | ₹29.98 Cr | ||||
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| Net Profit (PAT) | ₹15.05 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 53% | ||||
| Net Profit Margin | 26.6% | ||||
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To see the full financial statements and ratios of Skypower Solar India Private Limited, buy the company report.
Board of directors of Skypower Solar India Private Limited
Skypower Solar India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar Goel Also directs: Kadodiya Wind Energy Private Limited, Amiya Wind Energy Private Limited, Ghanikhedi Wind Energy Private Limited and 5 more | Additional Director | 27 Jun 2025 | 1 Years 4 Months | Current |
| Bharat Nareshkumar Saxena Also directs: Alvora Energy Private Limited, Ventorum Wind Energy Private Limited, Balensa Energy Private Limited and 5 more | Additional Director | 27 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Skypower Solar India Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Clean Max Theia Private Limited | ₹57.64 Cr (FY 2025) | 110.0% | Mumbai, Maharashtra, India | |||
| Candi Solar Private Limited | ₹57.52 Cr (FY 2023) | 832.0% | Mohali, Punjab, India | |||
| Walwhan Solar BH Limited | ₹57.42 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India | |||
| Divyesh Power Private Limited | ₹56.69 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| Solarcraft TN 1 Private Limited | ₹56.63 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Skypower Solar India Private Limitedthis company | ₹56.6 Cr (FY 2024) | ₹15.05 Cr | 26.6% | 3.0% | New Delhi, Delhi, India | |
| Aashman Energy Private Limited | ₹56.21 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| HCT Sun (India) Private Limited | ₹56.2 Cr (FY 2025) | 89.0% | Thane, Maharashtra, India | |||
| JBM Solar Energy Maharashtra Private Limited | ₹56 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Pratyash Renewable Private Limited | ₹55.45 Cr (FY 2025) | -7.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Skypower Solar India Private Limited, buy the company report.
Auditor
Skypower Solar India Private Limited is audited by RAVI AGARWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI AGARWAL & ASSOCIATES | FY 2023 | 327648E |
Shareholding
The shareholding of Skypower Solar India 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 Skypower Solar India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2025 | 101122904 | Others | ₹185 Cr | Open | |
| 26 Dec 2017 | 100142556 | Others | ₹262 Cr | Satisfied | |
| 19 Dec 2016 | 100111438 | Others | ₹99.51 Cr | Satisfied |
To see the full charge records of Skypower Solar India Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Skypower Solar India Private Limited has 6 deals on record (4 rights issues, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹18.75 Cr; the latest was in November 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹1.85 Cr | Investors: Skypower Southeast Asia IV Investments Limited |
| Sep 2017 | Rights issue | ₹67.5 Lakh | Investors: Skypower Southeast Asia IV Investments Limited |
| Mar 2017 | Rights issue | ₹7.28 Cr | Investors: Skypower Southeast Asia IV Investments Limited |
| Mar 2016 | Rights issue | ₹30.7 Lakh | Investors: Skypower Southeast Asia IV Investments Limited |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Skypower Southeast Asia IV Investments Limited, Skypower Southeast Asia Holdings 2 Limited Seller: 2 individuals |
To see the full deal history of Skypower Solar India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Skypower Solar India Private Limited has 3 court cases on record: 1 filed by Skypower Solar India, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Sterling and Wilson International FZE Addl. Director P.O. Box No. 54811, Dubai | Disposed |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against Sterling and Wilson International FZE | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Sterling and Wilson International FZE | Disposed |
To see the full case history of Skypower Solar India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Skypower Solar India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Skypower Solar India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAVCS5318K1ZP | Delhi | Active | 01 Jul 2017 |
| 23AAVCS5318K1ZV | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Skypower Solar India Private Limited, buy the company report.
Recent activity
Skypower Solar India Private Limited has 9 board changes on record since 2016: 2 appointments and 7 cessations. The latest: Bharat Nareshkumar Saxena was appointed as Additional Director on 27 Jun 2025.
5 earlier events are in the company report.
News
Frequently asked questions
Skypower Solar India is an active private limited company based in New Delhi, Delhi, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 04 February 2015 (11+ years old) and is registered under CIN U74900DL2015PTC276295.
Skypower Solar India has 2 current directors:
- Rajesh Kumar Goel - Additional Director
- Bharat Nareshkumar Saxena - Additional Director
The latest financial statements of Skypower Solar India 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 2015 are in the company report.
The GSTIN of Skypower Solar India is 07AAVCS5318K1ZP, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAVCS5318K1ZV (Madhya Pradesh).
The CIN (Corporate Identification Number) of Skypower Solar India is U74900DL2015PTC276295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skypower Solar India has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Skypower Solar India was incorporated on 04 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Skypower Solar India has 6 deals on record (4 rights issues, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹18.75 Cr; the latest was in November 2020.
The peers of Skypower Solar India by revenue are Clean Max Theia Private Limited, Candi Solar Private Limited, Walwhan Solar BH Limited, Divyesh Power Private Limited, Solarcraft TN 1 Private Limited and 4 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Bharat Nareshkumar Saxena was appointed as Additional Director on 27 Jun 2025. Rajesh Kumar Goel was appointed as Additional Director on 27 Jun 2025. Rajib Mukhapadhyay ceased to be Additional Director on 24 May 2019. Skypower Solar India has 9 board changes on record in total.
Skypower Solar India can be reached through the website skypower.com. Its registered office is in New Delhi, Delhi, India.
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