Solapur Solar Energy Private Limited - Company Profile

It is a environment private limited company based in Mumbai, Maharashtra, India, established in 2014.

2014 Mumbai, Maharashtra, India Active

Last Updated: January 01, 2026

About Solapur Solar Energy Private Limited

Solapur Solar Energy Private Limited, a active private limited company, was established on 10 March 2014 in Mumbai, Maharashtra, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U40108MH2014PTC254060. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹12.01 Cr and a paid-up capital of ₹11.80 Cr.

Formerly known as Sunilhitech Solar (Dhule) Private Limited. It upholds a compliant status. Its leadership includes Mahesh Arjun Bade (Additional Director), Venkataramana Condoor (Director). Past directors included Ashok Narsingrao Mahindrakar, Ravi Prakash Mishra, Vikas Kataria. It holds ₹34.05 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Office No.722, Ajmera Sikova,, Lbs Road, Ghatkopar West,, Mumbai, Maharashtra, 400086.

Company Details

CIN/LLPIN
U40108MH2014PTC254060
Registration Number
254060
Incorporation Date
10 March 2014
Authorized Capital
₹12.01 Cr
Paid-Up Capital
₹11.80 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 12.01 Cr as on 01-01-2026
Paid Up Capital ₹ 11.80 Cr as on 01-01-2026
Company Age 11 Year, 11 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 34.05 Cr as on 01-01-2026
Revenue Growth **** -11.11% (FY 2023)
Profit Growth **** -83.88% (FY 2023)
Ebitda **** 2.20% (FY 2023)
Net Worth 1.51% (FY 2023)
Total Assets -4.72% (FY 2023)

Comprehensive Company Insights

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

Access Report

Who are the key members and board of directors at Solapur Solar Energy Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mahesh Arjun Bade	Additional Director	21 Sep 2023	Current
Venkataramana Condoor	Director	10 Mar 2014	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	29 Aug 2019	Past
Pramod Abcsdd	Additional Director	31 Oct 2023	Past
Pramod Abcsdd	Secretary	-	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Director	26 May 2016	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Solapur Solar Energy.

Solapur Solar Energy Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.11% decrease. The company also saw a substantial fall in profitability, with a 83.88% decrease in profit. The company's net worth moved up by a moderate rise of 1.51%.

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

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

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

********

-11.11%

*******

Revenue from Operations

*******

11.51%

*******

Total Assets

*******

-4.72%

*******

Profit or Loss

*******

-83.88%

*******

Net Worth

*******

1.51%

*******

EBITDA

*******

2.20%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Solapur Solar Energy?

In 2022, Solapur Solar Energy had a promoter holding of 100.00%. 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

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹340,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 27.30 Cr
Sbicap Trustee Company Limited : 6.75 Cr

Latest Charge Details

Date	Lender	Amount	Status
20 Jan 2025	Others	₹13.65 Cr	Open
02 Sep 2015	Sbicap Trustee Company Limited	₹6.75 Cr	Open
27 Nov 2014	Others	₹13.65 Cr	Open

Explore comprehensive loan charge details -

How Many Employees Work at Solapur Solar Energy?

Unlock and access historical data on people associated with Solapur Solar Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Solapur Solar Energy, 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 Solapur Solar Energy's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Solapur Solar Energy

Recent Activity within the Organization

Charges

Progress on A charge with Others amounted to Rs. 13.65 Cr with Charge ID 101049094 was registered on 20 Jan 2025. was documented.
20 Jan 2025
Charges

The activity A charge with Others of Rs. 13.65 Cr registered on 27 Nov 2014 with Charge ID 10544873 was modified on 20 Jan 2025. was completed.
20 Jan 2025
Annual General Meeting

Solapur Solar Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
30 Sep 2024
Balance Sheet

Solapur Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
31 Mar 2024
Director Appointment

Mahesh Arjun Bade was appointed as a Additional Director was appointed as a Additional Director on 21 Sep 2023 & has been associated with this company since 2 years 4 months . was recorded as a recent event.
21 Sep 2023
Director Appointment

Progress on Ashish Mahendrakumar Shah was appointed as a Company Secretary was appointed as a Company Secretary on 01 Sep 2018 & has been associated with this company since 7 years 5 months . was documented.
01 Sep 2018

Explore recent activity and updates - View Recent Activity