About Solairedirect Projects India Private Limited
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Solairedirect Projects India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sekura Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 20 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2013PTC378827. Its GSTIN is 03AATCS9807K1ZP (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹38 Cr and a paid-up capital of ₹37.5 Cr. It is led by directors including Viral Dholakia and Shravan Agarwal.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 504 & 505 5th Floor Windsor Off Cst Road Kalina Santacruz (East), Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.68 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹7.83 Cr (net margin 29.4%) and EBITDA of ₹23.45 Cr (EBITDA margin 87.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹69.52 Cr and satisfied charges of ₹236.01 Cr on record. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹36.99 Cr; the latest was in September 2017. Its 7 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 3 smaller; the largest is Heramba Renewables Limited with revenue of ₹27.06 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solairdirect.in.
Company details
CIN history
Solairedirect Projects India has one previous CIN (Corporate Identification Number): U74900DL2013PTC258285. The current CIN is U74900MH2013PTC378827, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH2013PTC378827 | Current |
| U74900DL2013PTC258285 | Previous |
Contact details
Solairedirect Projects India Private Limited's registered office is in Mumbai, Maharashtra. Its website is solairdirect.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address504 & 505 5th Floor Windsor Off Cst Road Kalina Santacruz (East), Mumbai, Maharashtra, India – 400098
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Solairedirect Projects India 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 Solairedirect Projects India 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 Solairedirect Projects India Private Limited, buy the company report.
Financials of Solairedirect Projects India Private Limited
FY 2025 filings availableSolairedirect Projects India Private Limited reported revenue of ₹26.68 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 4% growth in the latest year. EBITDA rose 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹23.45 Cr | ||||
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| Net Profit (PAT) | ₹7.83 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 87.9% | ||||
| Net Profit Margin | 29.4% | ||||
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To see the full financial statements and ratios of Solairedirect Projects India Private Limited, buy the company report.
Board of directors of Solairedirect Projects India Private Limited
Solairedirect Projects India has 4 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viral Dholakia Also directs: Revinduz Energy Solutions Private Limited, Gridnet Transmission Private Limited, Arcnet Transmission Private Limited and 5 more | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Shravan Agarwal Also directs: Pokaran Solaire Energy Private Limited, Suryauday Solaire Prakash Private Limited, Solaire Urja Private Limited and 5 more | Director | 30 Nov 2024 | 1 Years 11 Months | Current |
| Jaspreet Singh Sahota Also directs: Viridis Office Park 4 Private Limited, Viridis Office Park 5 Private Limited, Viridis Office Park 6 Private Limited and 5 more | Director | 30 Nov 2024 | 1 Years 11 Months | Current |
| Mayur Kondiba Dhamale Also directs: Suryauday Solaire Prakash Private Limited, Solaire Power Private Limited, Suprasanna Solaire Energy Private Limited and 2 more | Director | 09 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Solairedirect Projects India Private Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (Solar Power), with 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 |
|---|---|---|---|---|---|---|
| Heramba Renewables Limited | ₹27.06 Cr (FY 2025) | 3.0% | Ahmedabad, Gujarat, India | |||
| Avaada Sustainable Energy Private Limited | ₹26.87 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Ujjvalatejas Solaire Urja Private Limited | ₹26.72 Cr (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| Ujjawala Power Private Limited | ₹26.69 Cr (FY 2025) | -4.0% | Ahmedabad, Gujarat, India | |||
| Solairedirect Projects India Private Limitedthis company | ₹26.68 Cr (FY 2025) | ₹7.83 Cr | 29.4% | 4.0% | 1 | Mumbai, Maharashtra, India |
| First Energy 4 Private Limited | ₹26.61 Cr (FY 2025) | 86.0% | Pune, Maharashtra, India | |||
| Chattel Constructions Private Limited | ₹26.57 Cr (FY 2025) | -5.0% | Ahmedabad, Gujarat, India | |||
| Aavanti Solar Energy Private Limited | ₹26.56 Cr (FY 2024) | 44.0% | Shiggaon, Karnataka, India |
To see the full peer comparison of Solairedirect Projects India Private Limited, buy the company report.
Auditor
Solairedirect Projects India Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Solairedirect Projects India 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solairedirect Projects India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2023 | 100674448 | Others | ₹69.52 Cr | Open | |
| 26 Dec 2017 | 100153361 | Others | ₹123.5 Cr | Satisfied | |
| 15 Dec 2014 | 10542141 | Others | ₹112.5 Cr | Satisfied | |
| 28 Oct 2014 | 10536883 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Lakh | Satisfied |
To see the full charge records of Solairedirect Projects India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Solairedirect Projects India Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹36.99 Cr; the latest was in September 2017.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2014 | Rights issue | ₹50 Lakh | Investors: Engie Energy India Private Limited |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Engie Energy India Private Limited Seller: 2 individuals |
| Nov 2013 | Funding round | ₹36.99 Cr | Investors: Engie Energy India Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Solairedirect Projects India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Solairedirect Projects India Private Limited was last rated by Care on 03 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Mar 2022 |
To see the full credit ratings and regulatory alerts of Solairedirect Projects India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solairedirect Projects India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solairedirect Projects India Private Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Solairedirect Projects India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AATCS9807K1ZP | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solairedirect Projects India Private Limited, buy the company report.
Recent activity
Solairedirect Projects India Private Limited has 23 board changes on record since 2014: 5 appointments and 18 cessations. The latest: Mayur Kondiba Dhamale was appointed as Director on 09 Sep 2025.
25 earlier events are in the company report.
Frequently asked questions
Solairedirect Projects India is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 20 September 2013 (13+ years old) and is registered under CIN U74900MH2013PTC378827.
Solairedirect Projects India has 4 current directors:
- Viral Dholakia - Director
- Shravan Agarwal - Director
- Jaspreet Singh Sahota - Director
- Mayur Kondiba Dhamale - Director
The latest financial statements of Solairedirect Projects India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Solairedirect Projects India is 03AATCS9807K1ZP, registered in Punjab. 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 Solairedirect Projects India is U74900MH2013PTC378827. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solairedirect Projects India was incorporated on 20 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Solairedirect Projects India has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹36.99 Cr; the latest was in September 2017.
The peers of Solairedirect Projects India by revenue are Heramba Renewables Limited, Avaada Sustainable Energy Private Limited, Ujjvalatejas Solaire Urja Private Limited, Ujjawala Power Private Limited, First Energy 4 Private Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Mayur Kondiba Dhamale was appointed as Director on 09 Sep 2025. Jaspreet Singh Sahota ceased to be Additional Director on 09 Jan 2025. Shravan Agarwal ceased to be Additional Director on 09 Jan 2025. Solairedirect Projects India has 23 board changes on record in total.
Solairedirect Projects India can be reached through the website solairdirect.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Solairedirect Projects India is at 504 & 505 5th Floor Windsor Off Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098.
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