Solace Cogen Private Limited

Solace Cogen Private Limited - energy and power in Panvel, Maharashtra, India. FY 2026 financials and compliance.
CIN U29309MH2018PTC316133 Incorporated 23 October 2018 ROC Mumbai HQ Panvel, Maharashtra, India
Active Private Limited Company energy and power
Data last updated
Revenue · FY 2023
₹4.7 Cr
▲ 118.00% YoY
EBITDA · FY 2023
Locked
In full report
Net profit · FY 2023
Locked
In full report
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹2.76 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Last financials
Mar 2023
Balance sheet date

About Solace Cogen Private Limited

Data last updated: 11 February 2026

Solace Cogen Private Limited is a private limited company based in Panvel, Maharashtra, India, recognised as a startup by DPIIT. It specialises in power equipment manufacturers, a part of the broader energy and power sector. Incorporated on 23 October 2018, the company has been in operation for over 8 years.

Registered with ROC Mumbai under CIN U29309MH2018PTC316133.

Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Mugdha Mahesh Rane and Mahesh Rajaram Rane.

Last AGM: 30 September 2023. Financial statements filed for year ended 31 March 2023. Office: 1003 A Wing Tulsi Prerna Plot No. 9 Nr Netrajyot Hospital Khanda Colony, Panvel, Maharashtra, India – 410206.

As per the financials filed for FY 2023, the company reported a revenue of ₹4.7 Cr, a growth of 118% compared to the previous year.

The company is associated with 1 brand - Solace Cogen. As per MCA filings, the company has open charges of ₹2.76 Cr on record.

For more details, the company can be reached via its website solacecogen.com.

Company Details of Solace Cogen Private Limited
CIN U29309MH2018PTC316133
Registration Number 316133
Incorporation Date 23 October 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    1003 A Wing Tulsi Prerna Plot No. 9 Nr Netrajyot Hospital Khanda Colony, Panvel, Maharashtra, India – 410206
  • Industry
    Energy and Power, Power Equipment Manufacturers
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Financials, compliance, directors, charges, ownership and filings for Solace Cogen Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Solace Cogen Private Limited

Solace Cogen Private Limited operates one associated brand: Solace Cogen. These brands represent Solace Cogen Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Provider of solar power solutions including concentrated solar thermal power plants and photovoltaic systems solacecogen.com

Competitors & Alternatives of Solace Cogen Private Limited

Brands and companies operating in the same space as Solace Cogen Private Limited include Abora, Solarus, EchoFirst and 6 more.

Competitor Description Location Founded
Abora Abora Manufacturer of hybrid solar panels La Muela, Spain, Spain 2017
Solarus Solarus Concentrated PV-thermal collectors are manufactured for hybrid solar energy systems. Venlo, Netherlands, Netherlands 2006
EchoFirst EchoFirst Hybrid solar systems combining PV and thermal technologies are developed. Fremont, United States, United States 2005
REhnu REhnu TPV technology developer with option to harvest both power and thermal heat Tucson, United States, United States 2009
Entech Solar Entech Solar Concentrated photovoltaic systems for solar energy are designed and commercialized. Fort Worth, United States, United States 1984
SUN GEN SUN GEN Concentrated solar systems for PV, heat, and cogeneration are developed. Reggio Emilia, Italy, Italy 2008
IM Efficiency IM Efficiency Solar panels for trucks are manufactured by IM Efficiency. Heerlen, Netherlands, Netherlands 2014
SunOyster SunOyster Dual-axis tracking PV-T solar systems are developed and provided. Halstenbek, Germany, Germany 2011
Sunmaxx Sunmaxx Solar PVT systems are designed and developed by Sunmaxx. Dresden, Germany, Germany 2021

Business Activity of Solace Cogen Private Limited

Solace Cogen Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C10 Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment Locked
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Auditor Details of Solace Cogen Private Limited

Solace Cogen Private Limited is audited by Trupti M.Gangar for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Trupti M.Gangar Locked Locked Locked
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Complete auditor history for Solace Cogen Private Limited

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Board of Directors of Solace Cogen Private Limited

Solace Cogen Private Limited is currently managed by 2 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Mugdha Mahesh Rane Director 20 Jun 2023 3 Years 2 Months Current
Mahesh Rajaram Rane Additional Director 14 Feb 2025 1 Years 6 Months Current

Financials of Solace Cogen Private Limited FY 2023 filings available

Solace Cogen Private Limited reported revenue of ₹4.7 Cr (up 118.00% YoY) for FY 2023.

Revenue · FY 2023
₹4.7 Cr ▲ 118.00%
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Ownership and Shareholding of Solace Cogen Private Limited

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Shareholding and ownership data for Solace Cogen Private Limited

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Charges & Borrowings of Solace Cogen Private Limited

Open charges
₹2.76 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Others₹2.76 Cr
Latest charge details
DateLenderAmountStatus
30 Dec 2020 Others ₹2.76 Cr Open

Total charge records: 1 View all charges

Employees and EPFO Compliance at Solace Cogen Private Limited

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Employee and EPFO history for Solace Cogen Private Limited

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GST Compliance of Solace Cogen Private Limited

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GST registrations and filing compliance for Solace Cogen Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Solace Cogen Private Limited

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Credit ratings, litigation, and regulatory alerts for Solace Cogen Private Limited

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MSME Payment Delays by Solace Cogen Private Limited

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MSME payment history for Solace Cogen Private Limited

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Subsidiaries & Group Companies of Solace Cogen Private Limited

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Corporate group structure for Solace Cogen Private Limited

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MCA Filings & Documents of Solace Cogen Private Limited

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MCA filings and documents for Solace Cogen Private Limited

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Recent Activity on Solace Cogen Private Limited

Directors
14 Feb 2025
Mahesh Rajaram Rane was appointed as a Additional Director on 14 Feb 2025 & has been associated with this company since 1 year 6 months.
Activity
30 Sep 2023
Solace Cogen Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Directors
20 Jun 2023
Mugdha Mahesh Rane was appointed as a Director on 20 Jun 2023 & has been associated with this company since 3 years 2 months.
Activity
31 Mar 2023
Solace Cogen Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Charges
02 Jun 2022
A charge with Others of Rs. 2.76 Cr registered on 30 Dec 2020 with Charge ID 100414101 was modified on 02 Jun 2022.
Directors
15 Feb 2021
Mahesh Rajaram Rane was appointed as a CEO on 15 Feb 2021 & has been associated with this company since 5 years 6 months.

Frequently Asked Questions about Solace Cogen Private Limited

Solace Cogen Private Limited is an active private limited company in the energy and power sector based in Panvel, Maharashtra, India. It was incorporated on 23 October 2018 (8+ years old) and is registered under CIN U29309MH2018PTC316133.

Solace Cogen Private Limited reported revenue of ₹4.7 Cr for FY 2023 (up 118.00% YoY).

The current directors of Solace Cogen Private Limited are:

The primary industry of Solace Cogen Private Limited is energy and power. The company specifically operates in power equipment manufacturers. The company is currently active in this sector.

Yes, Solace Cogen Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Solace Cogen Private Limited can be reached at the registered office: 1003 A Wing Tulsi Prerna Plot No. 9 Nr Netrajyot Hospital Khanda Colony, Panvel, Maharashtra, India – 410206, or through the website solacecogen.com.

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