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Solar Basket Engineering Private Limited - electrnoics in Pune, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2025
₹1.84 Cr
▲ 136% YoY
Net profit · FY 2025
₹7.98 Lakh
Net margin 4.3%
EBITDA · FY 2025
₹13.68 Lakh
EBITDA margin 7.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Brands
1
Associated brands
About Solar Basket Engineering Private Limited
Data last updated:
Solar Basket Engineering Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the home appliances segment of the electronics sector. It was incorporated on 18 August 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29307PN2022PTC213953.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Akshay Divakar Bamnote and Nikhil Pradeep Chonde.
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 C – 201 Highway Bliss Sn 1 Nr Ashok Leyand Ambegaon Bk, Pune, Maharashtra, India – 411046.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.84 Cr, a growth of 136% compared to the previous year. For the same year it recorded a net profit of ₹7.98 Lakh (net margin 4.3%) and EBITDA of ₹13.68 Lakh (EBITDA margin 7.4%).
The company is associated with 1 brand: Solar Basket.
Solar Basket Engineering Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0371970). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solarbasket.in.
Company Details of Solar Basket Engineering Private Limited
CIN U29307PN2022PTC213953
Registration Number 213953
Incorporation Date 18 August 2022
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0371970
Recognitions & Rankings of Solar Basket Engineering
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0371970
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressC – 201 Highway Bliss Sn 1 Nr Ashok Leyand Ambegaon Bk, Pune, Maharashtra, India – 411046
- IndustryElectrnoics, Home Appliance, Manufacturing
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Associated Brands with Solar Basket Engineering Private Limited
Solar Basket Engineering operates one associated brand: Solar Basket. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs, manufactures, and sells solar products for domestic, industrial, and commercial use. | solarbasket.in |
Business Activity of Solar Basket Engineering Private Limited
The main business activity of Solar Basket Engineering is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Solar Basket Engineering Private Limited FY 2025 filings available
Solar Basket Engineering Private Limited reported revenue of ₹1.84 Cr (up 136% YoY) for FY 2025.
Revenue · FY 2025
₹1.84 Cr ▲ 136%
Net profit · FY 2025
₹7.98 Lakh margin 4.3%
EBITDA · FY 2025
₹13.68 Lakh margin 7.4%
Compounded Annual Growth Rate (CAGR) of Solar Basket Engineering Private Limited
Revenue CAGR growth
1 year
▲ 136%
Revenue rose 136% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Solar Basket Engineering Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹13.68 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.98 Lakh | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Solar Basket Engineering Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 7.4% | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Solar Basket Engineering are in the company report.
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Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Solar Basket Engineering Private Limited
Solar Basket Engineering has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Divakar Bamnote | Director | 18 Aug 2022 | 4 Years 2 Months | Current |
| Nikhil Pradeep Chonde Also directs: Bekwell Enterprises LLP | Director | 18 Aug 2022 | 4 Years 2 Months | Current |
Peer Comparison of Solar Basket Engineering Private Limited
Solar Basket Engineering Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arsm Accpower Private Limited | ₹1.87 Cr (FY 2024) | •••• | •••• | 98.0% | •••• | Delhi, India |
| Advance Batteries Private Limited | ₹1.86 Cr (FY 2022) | •••• | •••• | -18.0% | •••• | Kondhwa Bk, Maharashtra, India |
| Grapecon Technologies Private Limited | ₹1.85 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Malegaon, Maharashtra, India |
| Hotron Heaters Private Limited | ₹1.85 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Hiray Manufacturing and Trading Private Limited | ₹1.85 Cr (FY 2017) | •••• | •••• | 806.0% | •••• | Nashik, Maharashtra, India |
| Solar Basket Engineering Private Limited this company | ₹1.84 Cr (FY 2025) | •••• | •••• | 136.0% | •••• | Pune, Maharashtra, India |
| Rapidgo Technology Distribution Private Limited | ₹1.84 Cr (FY 2020) | •••• | •••• | 45.0% | •••• | Pollachi, Tamil Nadu, India |
| York Technosystems Private Limited | ₹1.84 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Nashik, Maharashtra, India |
| Reverie Constructions & Solar Solutions Private Limited | ₹1.83 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Ernakulam, Kerala, India |
| Grandbiz Enterprises Private Limited | ₹1.83 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Amron Switchs Private Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Solar Basket Engineering by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Solar Basket Engineering Private Limited
Solar Basket Engineering Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Solar Basket Engineering Private Limited
Employment history and EPFO contributions of people linked to Solar Basket Engineering.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Solar Basket Engineering Private Limited
Solar Basket Engineering Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Akshay Divakar Bamnote was appointed as Director on 18 Aug 2022.
AGM
Solar Basket Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solar Basket Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Akshay Divakar Bamnote was appointed as Director.
Appointed
Nikhil Pradeep Chonde was appointed as Director.
Incorporation
18 Aug 2022
Solar Basket Engineering Private Limited was registered on 18 Aug 2022 with Roc Pune & aged 4 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Solar Basket Engineering Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Solar Basket Engineering Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Solar Basket Engineering Private Limited
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Corporate group structure
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GST Compliance of Solar Basket Engineering Private Limited
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MCA Filings & Documents of Solar Basket Engineering Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Solar Basket Engineering Private Limited
Solar Basket Engineering is an active private limited company based in Pune, Maharashtra, India. The company works in home appliance, within the electronics industry. It was incorporated on 18 August 2022 (4+ years old) and is registered under CIN U29307PN2022PTC213953.
Solar Basket Engineering reported revenue of ₹1.84 Cr for FY 2025 (up 136% YoY).
Solar Basket Engineering has 2 current directors:
- Akshay Divakar Bamnote - Director
- Nikhil Pradeep Chonde - Director
Solar Basket Engineering reported a net profit of ₹7.98 Lakh (net margin 4.3%) and EBITDA of ₹13.68 Lakh (EBITDA margin 7.4%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Solar Basket Engineering is U29307PN2022PTC213953. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Basket Engineering was incorporated on 18 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Solar Basket Engineering by revenue are Arsm Accpower Private Limited, Advance Batteries Private Limited, Grapecon Technologies Private Limited, Hotron Heaters Private Limited, Hiray Manufacturing and Trading Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Akshay Divakar Bamnote was appointed as Director on 18 Aug 2022. Nikhil Pradeep Chonde was appointed as Director on 18 Aug 2022.
Yes, Solar Basket Engineering is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Solar Basket Engineering is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0371970).
Solar Basket Engineering can be reached through the website solarbasket.in. Its registered office is in Pune, Maharashtra, India.