Solaire Power Private Limited - Company Profile

Q: Who are the current directors of Solaire Power Private Limited?

The current directors of Solaire Power Private Limited are Viral Dholakia, Prakash Balkrishna Morankar, Shravan Agarwal, Supriya Hakkae, Mayur Kondiba Dhamale, Vivek Tripathi.

It is a environment private limited company based in Mumbai, Maharashtra, India, established in 2015.

2015 Mumbai, Maharashtra, India Active

Last Updated: February 10, 2026

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About Solaire Power Private Limited

Solaire Power Private Limited, a active private limited company, was established on 09 March 2015 in Mumbai, Maharashtra, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U74900MH2015PTC374420. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹19.98 Cr.

It upholds a compliant status. Employing 1 professional, Its leadership includes Viral Dholakia (Director), Prakash Balkrishna Morankar (Director), Shravan Agarwal (Director). Past directors included Harish Vinod Pant, Sumit Prafulla Rathi, Viral Dholakia. It holds ₹78.34 Cr open charges and ₹254.99 Cr settled loans. Its latest AGM occurred on 15 September 2025, with the balance sheet filed on 31 March 2025. It is based at 504 & 505, 5Th Floor, Windsor, Off Cst Road, Kalina, Santacruz (East),, Mumbai, Maharashtra, 400098.

Company Details

CIN/LLPIN
U74900MH2015PTC374420
Registration Number
374420
Incorporation Date
09 March 2015
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹19.98 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 10-02-2026
Paid Up Capital ₹ 19.98 Cr as on 10-02-2026
Company Age 10 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 78.34 Cr as on 10-02-2026
Satisfied Charges ₹ 254.99 Cr as on 10-02-2026
Revenue Growth **** -3.37% (FY 2024)
Profit Growth **** -3.61% (FY 2024)
Ebitda **** -8.73% (FY 2024)
Net Worth -0.56% (FY 2024)
Total Assets -1.41% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Solaire Power Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Solaire Power Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Viral Dholakia	Director	22 Mar 2021	Current
Prakash Balkrishna Morankar	Director	20 Jan 2022	Current
Shravan Agarwal	Director	30 Nov 2024	Current
Mayur Kondiba Dhamale	Director	09 Sep 2025	Current
Vivek Tripathi	Director	02 Jan 2026	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	27 Aug 2018	Past
Pramod Abcsdd	Director	22 Mar 2021	Past
Pramod Abcsdd	Additional Director	22 Mar 2021	Past
Pramod Abcsdd	Additional Director	22 Mar 2021	Past
Pramod Abcsdd	Additional Director	27 Sep 2017	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past

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Financial Performance of Solaire Power.

Solaire Power Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 3.37% decrease. The company also saw a slight decrease in profitability, with a 3.61% decrease in profit. The company's net worth dipped by a decrease of 0.56%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-3.37%

*******

Revenue from Operations

*******

-5.97%

*******

Total Assets

*******

-1.41%

*******

Profit or Loss

*******

-3.61%

*******

Net Worth

*******

-0.56%

*******

EBITDA

*******

-8.73%

*******

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What is the Ownership and Shareholding Structure of Solaire Power?

In 2023, Solaire Power had a promoter holding of 74.00% and a public holding of 26.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹783,400,000.00

Satisfied Charges

₹2,549,910,200.00

Charges Breakdown by Lending Institutions

Others : 78.34 Cr

Latest Charge Details

Date	Lender	Amount	Status
18 Jan 2023	Others	₹78.34 Cr	Open
26 Dec 2017	Others	₹128.50 Cr	Satisfied
19 May 2017	Others	₹9.50 Cr	Satisfied
26 Mar 2016	Others	₹116.99 Cr	Satisfied

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How Many Employees Work at Solaire Power?

Solaire Power has a workforce of 1 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Solaire Power, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Solaire Power's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Solaire Power

Recent Activity within the Organization

Director Appointment

The activity Vivek Tripathi was appointed as a Director was appointed as a Director on 02 Jan 2026 & has been associated with this company since 2 months 2 days . was completed.
02 Jan 2026
Annual General Meeting

Solaire Power Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records. was recorded as a recent event.
15 Sep 2025
Director Appointment

Mayur Kondiba Dhamale was appointed as a Director was appointed as a Director on 09 Sep 2025 & has been associated with this company since 5 months 25 days . was recorded as a recent event.
09 Sep 2025
Balance Sheet

The activity Solaire Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

The activity Shravan Agarwal was appointed as a Director was appointed as a Director on 30 Nov 2024 & has been associated with this company since 1 year 3 months . was completed.
30 Nov 2024
Director Appointment

Progress on Supriya Hakkae was appointed as a Company Secretary was appointed as a Company Secretary on 13 Mar 2024 & has been associated with this company since 1 year 11 months . was documented.
13 Mar 2024

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