Sol Mount Solars Private Limited
About Sol Mount Solars Private Limited
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Sol Mount Solars Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 22 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC103157.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹90,000. It is led by directors including Rahul Suresh Pawar (Managing Director) and Subramanyum Anand Godi (Managing Director).
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mezzanine Floor Max Mall Keshwapur, Hubli, Karnataka, India – 580023.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.91 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net profit of ₹29,201 (net margin 5.9%) and EBITDA of ₹67,119 (EBITDA margin 13.7%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 54% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sol Mount Solars Private Limited's registered office is in Hubli, Karnataka. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressMezzanine Floor Max Mall Keshwapur, Hubli, Karnataka, India – 580023
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Sol Mount Solars 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 Sol Mount Solars 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 Sol Mount Solars Private Limited, buy the company report.
Financials of Sol Mount Solars Private Limited
FY 2025 filings availableSol Mount Solars Private Limited reported revenue of ₹4.91 Lakh (down 77% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 77% fall in the latest year. EBITDA rose 1% 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 | ₹67,119 | ||||
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| Net Profit (PAT) | ₹29,201 | ||||
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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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| EBITDA Margin | 13.7% | ||||
| Net Profit Margin | 5.9% | ||||
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To see the full financial statements and ratios of Sol Mount Solars Private Limited, buy the company report.
Board of directors of Sol Mount Solars Private Limited
Sol Mount Solars has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Suresh Pawar | Managing Director | 22 May 2017 | 9 Years 5 Months | Current |
| Subramanyum Anand Godi Also directs: Savish Raisin Private Limited, Sukdev Bio Energy Private Limited | Managing Director | 22 May 2017 | 9 Years 5 Months | Current |
| Ajay Ramesh Jotwani Also directs: Visionon Electronics Private Limited | Managing Director | 22 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Sol Mount Solars Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Griws Energy India Private Limited | ₹4.96 Lakh (FY 2020) | -93.0% | Ongole, Andhra Pradesh, India | |||
| Diwakar Himurja Private Limited | ₹4.96 Lakh (FY 2025) | 1.0% | Jaipur, Rajasthan, India | |||
| Star Solar Energy Systems India Private Limited | ₹4.94 Lakh (FY 2018) | -36.0% | Chennimalai, Tamil Nadu, India | |||
| Shurjo Energy Private Limited | ₹4.94 Lakh (FY 2017) | 2912.0% | Kalyani, West Bengal, India | |||
| Proficient Techno Power Private Limited | ₹4.92 Lakh (FY 2025) | -87.0% | Delhi, India | |||
| Sol Mount Solars Private Limitedthis company | ₹4.91 Lakh (FY 2024) | ₹29,201 | 5.9% | -77.0% | Hubli, Karnataka, India | |
| Arani Epc Limited | ₹4.9 Lakh (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Paraswanath Solar Power (Itagi) Private Limited | ₹4.9 Lakh (FY 2021) | 161.0% | Bangalore, Karnataka, India | |||
| Helios Cleantech Private Limited | ₹4.85 Lakh (FY 2024) | Rajkot, Gujarat, India | ||||
| Alchemy Energy Private Limited | ₹4.84 Lakh (FY 2018) | -66.0% | Bangalore, Karnataka, India | |||
| RVR Engicon India Private Limited | ₹4.81 Lakh (FY 2020) | New Delhi, Delhi, India |
To see the full peer comparison of Sol Mount Solars Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sol Mount Solars 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 Sol Mount Solars Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sol Mount Solars Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sol Mount Solars Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Ajay Ramesh Jotwani was appointed as Managing Director on 22 May 2017.
Frequently asked questions
Sol Mount Solars is an active private limited company based in Hubli, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 22 May 2017 (9+ years old) and is registered under CIN U74999KA2017PTC103157.
Sol Mount Solars has 3 current directors:
- Rahul Suresh Pawar - Managing Director
- Subramanyum Anand Godi - Managing Director
- Ajay Ramesh Jotwani - Managing Director
The latest financial statements of Sol Mount Solars on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Sol Mount Solars is U74999KA2017PTC103157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sol Mount Solars was incorporated on 22 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sol Mount Solars by revenue are Griws Energy India Private Limited, Diwakar Himurja Private Limited, Star Solar Energy Systems India Private Limited, Shurjo Energy Private Limited, Proficient Techno Power Private Limited and 5 more, all in the same principal business activity (electric power generation, transmission and distribution).
Ajay Ramesh Jotwani was appointed as Managing Director on 22 May 2017. Rahul Suresh Pawar was appointed as Managing Director on 22 May 2017. Subramanyum Anand Godi was appointed as Managing Director on 22 May 2017.
The registered office of Sol Mount Solars is at Mezzanine Floor Max Mall Keshwapur, Hubli, Karnataka, India – 580023.
Sol Mount Solars operates in the business services industry, in the miscellaneous business activities segment.
The compliance status of Sol Mount Solars is compliant as of 19 August 2026. The company is actively filing with the Registrar of Companies.
Sol Mount Solars can be reached at its registered office: Mezzanine Floor Max Mall Keshwapur, Hubli, Karnataka, India – 580023.