Sol-Wave Technologies India Private Limited
About Sol-Wave Technologies India Private Limited
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Sol-Wave Technologies India Private Limited is a private limited company based in Bahadurgarh, Haryana, India. It operates in the electric power generation segment of the energy sector. It was incorporated on 03 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40106HR2020PTC090644.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15,000. It is led by directors including Nitesh Mudgal and Krishan Kumar Bhutani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5/202 B Nehru Park Near Vivek School, Bahadurgarh, Haryana, India – 124507.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.47 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.19 Lakh (net margin 21.2%) and EBITDA of ₹7.01 Lakh (EBITDA margin 28.7%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years.
The company is associated with 1 brand: Sol-wave. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Company details
Contact details
Sol-Wave Technologies India Private Limited's registered office is in Bahadurgarh, Haryana.
- Registered Address5/202 B Nehru Park Near Vivek School, Bahadurgarh, Haryana, India – 124507
- IndustryEnergy, Electric Power Generation
- 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
Sol-Wave Technologies India operates one associated brand: Sol-wave. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar power and energy storage services in India. | sol-wave.com |
Business activity
The main business activity of Sol-Wave Technologies India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Sol-Wave Technologies India Private Limited, buy the company report.
Financials of Sol-Wave Technologies India Private Limited
FY 2025 filings availableSol-Wave Technologies India Private Limited reported revenue of ₹24.47 Lakh (up 908% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 908% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 26%. 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 | ₹7.01 Lakh | |||
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| Net Profit (PAT) | ₹5.19 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 28.7% | |||
| Net Profit Margin | 21.2% | |||
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To see the full financial statements and ratios of Sol-Wave Technologies India Private Limited, buy the company report.
Board of directors of Sol-Wave Technologies India Private Limited
Sol-Wave Technologies India has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitesh Mudgal Also directs: Panchsol India Private Limited | Director | 10 Dec 2022 | 3 Years 10 Months | Current |
| Krishan Kumar Bhutani | Director | 09 May 2024 | 2 Years 5 Months | Current |
| Srishti Sharma | Director | 09 May 2024 | 2 Years 5 Months | Current |
| Ruchika | Director | 09 May 2024 | 2 Years 5 Months | Current |
Legal cases
Sol-Wave Technologies India Private Limited has 1 court case on record: 1 filed by Sol-Wave Technologies India. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against M/S JSM Energy Pvt Ltd | Pending |
To see the full case history of Sol-Wave Technologies 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 Sol-Wave Technologies India 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-Wave Technologies India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sol-Wave Technologies India Private Limited has 12 board changes on record since 2020: 8 appointments and 4 cessations. The latest: Krishan Kumar Bhutani was appointed as Director on 09 May 2024.
3 earlier events are in the company report.
Frequently asked questions
Sol-Wave Technologies India is an active private limited company based in Bahadurgarh, Haryana, India. The company works in electric power generation, within the energy industry. It was incorporated on 03 November 2020 (6+ years old) and is registered under CIN U40106HR2020PTC090644.
Sol-Wave Technologies India has 4 current directors:
- Nitesh Mudgal - Director
- Krishan Kumar Bhutani - Director
- Srishti Sharma - Director
- Ruchika - Director
The latest financial statements of Sol-Wave Technologies India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Sol-Wave Technologies India is U40106HR2020PTC090644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sol-Wave Technologies India has 1 court case on record: 1 filed by the company. 1 is pending.
Sol-Wave Technologies India was incorporated on 03 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Krishan Kumar Bhutani was appointed as Director on 09 May 2024. Ruchika was appointed as Director on 09 May 2024. Srishti Sharma was appointed as Director on 09 May 2024. Sol-Wave Technologies India has 12 board changes on record in total.
The registered office of Sol-Wave Technologies India is at 5202 B Nehru Park Near Vivek School, Bahadurgarh, Haryana, India – 124507.
Sol-Wave Technologies India operates in the energy industry, in the electric power generation segment.
Sol-Wave Technologies India has 1 associated brand: Sol-Wave.
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