MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-14-0016930
Soar Renewable Energy Private Limited - trading in Jalgaon, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹96.25 Lakh
▼ 77% YoY
Net loss · FY 2024
₹84.04 Lakh
Net margin -87.3%
EBITDA · FY 2024
-₹63.74 Lakh
EBITDA margin -66.2%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹34 Lakh
Issued & subscribed
Open charges
₹4.01 Cr
Satisfied ₹32.5 Lakh
Company age
12 yrs
Est. 2014
Directors on board
4
As per MCA filings
About Soar Renewable Energy Private Limited
Data last updated:
Soar Renewable Energy Private Limited is a private limited company based in Jalgaon, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 11 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35105MH2014PTC256003. Its GSTIN is 27AAUCS7097L1Z6 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹34 Lakh. It is led by directors including Mohit Ashok Kotecha and Jyoti Ashok Kotecha.
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 Plot No 6 S No 446/2A Behind Bharat Petroleum Building, Jalgaon, Maharashtra, India – 425001.
As per the financials filed for FY 2024, the company reported a revenue of ₹96.25 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹84.04 Lakh (net margin -87.3%) and EBITDA of -₹63.74 Lakh (EBITDA margin -66.2%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹4.01 Cr and satisfied charges of ₹32.5 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
Soar Renewable Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-14-0016930). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website soargreen.com.
Company details
CIN U35105MH2014PTC256003
Registration Number 256003
Incorporation Date 11 July 2014
ROC Mumbai
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-MH-14-0016930
CIN history
Soar Renewable Energy has one previous CIN (Corporate Identification Number): U29253MH2014PTC256003. The current CIN is U35105MH2014PTC256003, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35105MH2014PTC256003 | Current |
| U29253MH2014PTC256003 | Previous |
Key People
Mohit Ashok Kotecha Director Jyoti Ashok Kotecha Director Rushikesh Sudhakar Choudhari Director Recognitions & Rankings of Soar Renewable Energy
Contact details
Soar Renewable Energy Private Limited's registered office is in Jalgaon, Maharashtra. Its website is soargreen.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 6 S No 446/2A Behind Bharat Petroleum Building, Jalgaon, Maharashtra, India – 425001
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Soar Renewable Energy Private Limited, buy the company report.
Comprehensive company report
Soar Renewable 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 Soar Renewable Energy is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Soar Renewable Energy Private Limited, buy the company report.
Financials of Soar Renewable Energy Private Limited
FY 2024 filings availableSoar Renewable Energy Private Limited reported revenue of ₹96.25 Lakh (down 77% YoY) for FY 2024.
Revenue · FY 2024
₹96.25 Lakh ▼ 77%
Net loss · FY 2024
₹84.04 Lakh margin -87.3%
EBITDA · FY 2024
-₹63.74 Lakh margin -66.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 77%
3 years · compounded
▼ 27%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 123%
5 years · compounded
▼ 33%
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 77% fall in the latest year. EBITDA fell 123% 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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| Total Expenses | |||||
| EBITDA | -₹63.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹84.04 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -66.2% | ||||
| Net Profit Margin | -87.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Soar Renewable Energy Private Limited, buy the company report.
Board of directors of Soar Renewable Energy Private Limited
Soar Renewable Energy has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Ashok Kotecha Also directs: Mahavir Civil Engineering and Services Private Limited | Director | 27 Nov 2021 | 4 Years 10 Months | Current |
| Jyoti Ashok Kotecha Also directs: Mahavir Civil Engineering and Services Private Limited | Director | 11 Jul 2014 | 12 Years 3 Months | Current |
| Rushikesh Sudhakar Choudhari Also directs: Venkateshwara Metals and Connectors LLP, SRG Test and Research Centre LLP, Neocell Industries Private Limited and 1 more | Director | 11 Jul 2014 | 12 Years 3 Months | Current |
| Ashokkumar Vijaykumar Kotecha Also directs: Mahavir Civil Engineering and Services Private Limited | Director | 11 Jul 2014 | 12 Years 3 Months | Current |
Auditor
Soar Renewable Energy Private Limited is audited by PRAMOD T MULAY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAMOD T MULAY & CO | FY 2023 | 126997W |
Shareholding
The shareholding of Soar Renewable Energy 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Soar Renewable Energy Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.01 Cr
Satisfied charges
₹32.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2020 | 100384416 | The Jalgaon Peoples Co-Op Bank Limited | ₹50,000 | Open | |
| 17 May 2019 | 100266259 | The Jalgaon Peoples Co-Op Bank Limited | ₹50 Lakh | Open | |
| 17 May 2019 | 100266256 | The Jalgaon Peoples Co-Op Bank Limited | ₹3.5 Cr | Open | |
| 13 May 2016 | 100082314 | Others | ₹32.5 Lakh | Satisfied |
To see the full charge records of Soar Renewable Energy Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Soar Renewable Energy Private Limited has 2 court cases on record: 2 filed by Soar Renewable Energy. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against State - Bhiwandi Taluka Police Station | Disposed |
To see the full case history of Soar Renewable Energy 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
Soar Renewable Energy Private Limited has 4 MSME Form 1 returns on record between 2016 and 2019, listing 4 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| SMD Electro Components, Mumbai | |||
| Aligarh Die Casting, Aligarh | |||
| an individual supplier |
To see the full MSME payment records of Soar Renewable Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Soar Renewable Energy Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
Active EPFO establishments
1
GST
Soar Renewable Energy has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCS7097L1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Soar Renewable Energy Private Limited, buy the company report.
Recent activity
Soar Renewable Energy Private Limited has 4 board changes on record since 2014: 4 appointments. The latest: Mohit Ashok Kotecha was appointed as Director on 27 Nov 2021.
AGM
Soar Renewable Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Soar Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Mohit Ashok Kotecha was appointed as Director.
Charges
A charge with The Jalgaon Peoples Co-Op Bank Limited amounted to Rs. 0.50 Lakh with Charge ID 100384416 was registered on 16 Oct 2020.
Charges
A charge registered on 13 May 2016 via Charge ID 100082314 with Others was fully satisfied on 17 Jul 2020.
Charges
A charge with The Jalgaon Peoples Co-Op Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100266259 was registered on 17 May 2019.
Charges
A charge with The Jalgaon Peoples Co-Op Bank Limited amounted to Rs. 350.00 Lakh with Charge ID 100266256 was registered on 17 May 2019.
Charges
A charge with Others amounted to Rs. 32.50 Lakh with Charge ID 100082314 was registered on 13 May 2016.
Appointed
Ashokkumar Vijaykumar Kotecha was appointed as Director.
Appointed
Jyoti Ashok Kotecha was appointed as Director.
Appointed
Rushikesh Sudhakar Choudhari was appointed as Director.
Incorporation
11 Jul 2014
Soar Renewable Energy Private Limited was registered on 11 Jul 2014 with Roc Mumbai & aged 12 years 3 months as per MCA records.
Frequently asked questions
Soar Renewable Energy is an active private limited company based in Jalgaon, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 11 July 2014 (12+ years old) and is registered under CIN U35105MH2014PTC256003.
Soar Renewable Energy has 4 current directors:
- Mohit Ashok Kotecha - Director
- Jyoti Ashok Kotecha - Director
- Rushikesh Sudhakar Choudhari - Director
- Ashokkumar Vijaykumar Kotecha - Director
The latest financial statements of Soar Renewable 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 2015 are in the company report.
The GSTIN of Soar Renewable Energy is 27AAUCS7097L1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Soar Renewable Energy is U35105MH2014PTC256003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Soar Renewable Energy has 2 court cases on record: 2 filed by the company.
Soar Renewable Energy was incorporated on 11 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Mohit Ashok Kotecha was appointed as Director on 27 Nov 2021. Ashokkumar Vijaykumar Kotecha was appointed as Director on 11 Jul 2014. Jyoti Ashok Kotecha was appointed as Director on 11 Jul 2014. Soar Renewable Energy has 4 board changes on record in total.
Yes, Soar Renewable Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-14-0016930).
Soar Renewable Energy has 4 MSME Form 1 returns on record between 2016 and 2019, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 May 2019.
Soar Renewable Energy can be reached through the website soargreen.com. Its registered office is in Jalgaon, Maharashtra, India.