- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0136665

About Solar Smart Private Limited
Data last updated:
Solar Smart Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 16 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52100GJ2020PTC113180.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Monil Alpeshkumar Patel and Bhavesh Girishbhai Chaudhari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 802 Sapath Hexa Opp. Kargil Petrol Pump S.G. Highway Sola, Ahmedabad, Gujarat, India – 380061.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.35 Cr, a growth of 119% compared to the previous year. For the same year it recorded a net profit of ₹85.47 Lakh (net margin 4.4%) and EBITDA of ₹1.44 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 256% over three years.
As per MCA filings, the company has open charges of ₹5.5 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
Solar Smart Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0136665). For more details, the company can be reached via its website solarsmart.co.in.
Company details
Recognitions & Rankings of Solar Smart
Contact details
Solar Smart Private Limited's registered office is in Ahmedabad, Gujarat. Its website is solarsmart.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 802 Sapath Hexa Opp. Kargil Petrol Pump S.G. Highway Sola, Ahmedabad, Gujarat, India – 380061
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Solar Smart 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 Solar Smart is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Solar Smart Private Limited, buy the company report.
Financials of Solar Smart Private Limited
FY 2024 filings availableSolar Smart Private Limited reported revenue of ₹19.35 Cr (up 119% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 256% over three years, including 119% growth in the latest year. EBITDA rose 380% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.44 Cr | ||||
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| Net Profit (PAT) | ₹85.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 4.4% | ||||
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To see the full financial statements and ratios of Solar Smart Private Limited, buy the company report.
Board of directors of Solar Smart Private Limited
Solar Smart has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monil Alpeshkumar Patel | Director | 19 Jun 2020 | 6 Years 4 Months | Current |
| Bhavesh Girishbhai Chaudhari | Director | 03 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Solar Smart Private Limited is audited by MAULIKKUMARVIRENDRAMARTRIVEDI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAULIKKUMARVIRENDRAMARTRIVEDI | FY 2023 | 174372 |
Shareholding
The shareholding of Solar Smart Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Solar Smart Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2024 | 100905163 | Others | ₹5.5 Cr | Open |
To see the full charge records of Solar Smart Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Solar Smart Private Limited has 3 court cases on record: 3 filed by Solar Smart. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Solar Smart Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solar Smart Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solar Smart Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
No GST registration is on our record for Solar Smart Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Solar Smart Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Chirag Ashok Patel ceased to be Director on 24 Apr 2023.
Frequently asked questions
Solar Smart is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 16 March 2020 (6+ years old) and is registered under CIN U52100GJ2020PTC113180.
Solar Smart has 2 current directors:
- Monil Alpeshkumar Patel - Director
- Bhavesh Girishbhai Chaudhari - Director
The latest financial statements of Solar Smart on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Solar Smart is U52100GJ2020PTC113180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Smart has 3 court cases on record: 3 filed by the company. 2 are pending.
Solar Smart was incorporated on 16 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chirag Ashok Patel ceased to be Director on 24 Apr 2023. Bhavesh Girishbhai Chaudhari was appointed as Director on 03 Mar 2023. Nikunjkumar Chimanlal Patel ceased to be Director on 22 Feb 2022. Solar Smart has 6 board changes on record in total.
Yes, Solar Smart is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0136665).
Solar Smart can be reached through the website solarsmart.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Solar Smart is at B – 802 Sapath Hexa Opp. Kargil Petrol Pump S.G. Highway Sola, Ahmedabad, Gujarat, India – 380061.