About Solargise India Private Limited
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Solargise India Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 30 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2014PTC102247. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹50.78 Cr. It is led by directors including Rajdeep Basu (Managing Director) and Sashi Kumar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 40/1A 3rd Floor Basappa Complex Lavelle Road, Bengaluru, Karnataka, India – 560001.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.3 Cr, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹5.72 Cr (net margin -439.4%) and EBITDA of -₹4.83 Cr (EBITDA margin -371.1%).
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Solargise.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website solargise.world.
Company details
CIN history
Solargise India has one previous CIN (Corporate Identification Number): U74999DL2014PTC272191. The current CIN is U74999KA2014PTC102247, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999KA2014PTC102247 | Current |
| U74999DL2014PTC272191 | Previous |
Contact details
Solargise India Private Limited's registered office is in Bengaluru, Karnataka. Its website is solargise.world. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address40/1A 3rd Floor Basappa Complex Lavelle Road, Bengaluru, Karnataka, India – 560001
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Solargise 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
Brands
Solargise India operates one associated brand: Solargise. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and manages solar energy projects from design through installation and operations. | solargise.world |
Financials of Solargise India Private Limited
FY 2018 filings availableSolargise India Private Limited reported revenue of ₹1.3 Cr (down 89% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 89% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.3 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹4.83 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹5.72 Cr | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -371.1% | |||
| Net Profit Margin | -439.4% | |||
| 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 | ||||
To see the full financial statements and ratios of Solargise India Private Limited, buy the company report.
Board of directors of Solargise India Private Limited
Solargise India has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijeet Deboprasad Bhattacharjee Also directs: Solargise Energy Seven Private Limited, Solar Sky Power Private Limited, Solargise Energy Six Private Limited and 1 more | Director | 26 May 2017 | 9 Years 5 Months | Current |
| Sashi Kumar Also directs: Powerin Urja India Private Limited, Solar Sky Power Private Limited, Ventogise Energy Private Limited and 2 more | Whole-Time Director | 03 Dec 2015 | 10 Years 10 Months | Current |
| Rajdeep Basu Also directs: Powerin Onix Energy Private Limited, Solargise Grapp Energies Private Limited, Solargise Energy Seven Private Limited and 5 more | Managing Director | 30 Sep 2014 | 12 Years 0 Months | Current |
Auditor
Solargise India Private Limited is audited by U CHATRAGUDAIAH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U CHATRAGUDAIAH & CO | FY 2018 | 015116S |
Shareholding
The shareholding of Solargise India Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Solargise India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Solargise 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solargise India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solargise India Private Limited has a workforce of 3 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Solargise India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Solargise India Private Limited, buy the company report.
Recent activity
Solargise India Private Limited has 12 board changes on record since 2014: 3 appointments and 9 cessations. The latest: Abhijeet Deboprasad Bhattacharjee ceased to be Additional Director on 30 Sep 2017.
3 earlier events are in the company report.
Frequently asked questions
Solargise India is an active private limited company based in Bengaluru, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 30 September 2014 (12+ years old) and is registered under CIN U74999KA2014PTC102247.
Solargise India has 3 current directors:
- Rajdeep Basu - Managing Director
- Sashi Kumar - Whole-Time Director
- Abhijeet Deboprasad Bhattacharjee - Director
The latest financial statements of Solargise India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Solargise India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Solargise India is U74999KA2014PTC102247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solargise India was incorporated on 30 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Abhijeet Deboprasad Bhattacharjee ceased to be Additional Director on 30 Sep 2017. Ajay Aggarwal ceased to be Company Secretary on 28 Sep 2017. Venkadhari Venkatarathnamaiah Satish ceased to be Whole-Time Director on 31 May 2017. Solargise India has 12 board changes on record in total.
Solargise India can be reached through the website solargise.world. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Solargise India is at 401A 3rd Floor Basappa Complex Lavelle Road, Bengaluru, Karnataka, India – 560001.
Solargise India operates in the energy and power industry, in the power equipment manufacturers segment.