
Solarib Renewables Private Limited
About Solarib Renewables Private Limited
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Solarib Renewables Private Limited is a private limited company based in Jaipur, Rajasthan, India, recognised as a startup by DPIIT. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 03 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U40100RJ2019PTC064820. Its GSTIN is 08ABCCS0118D1ZV (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rahul Kumar Manghnani and Bharat Kumar Manghnani.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at P No. 8 F. No. – F3 Devkinandan Apartment Near Metro Piller No 125, Jaipur, Rajasthan, India – 302019.
As per the financials filed for FY 2021, the company reported a revenue of ₹28.48 Lakh, a growth of 107% compared to the previous year. For the same year it recorded a net profit of ₹6,494 (net margin 0.2%) and EBITDA of ₹6,494 (EBITDA margin 0.2%).
Solarib Renewables Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0022728).
Company details
Recognitions & Rankings of Solarib Renewables
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-17-0022728
Contact details
Solarib Renewables Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP No. 8 F. No. – F3 Devkinandan Apartment Near Metro Piller No 125, Jaipur, Rajasthan, India – 302019
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Solarib Renewables 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 Solarib Renewables 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 Solarib Renewables Private Limited, buy the company report.
Financials of Solarib Renewables Private Limited
FY 2021 filings availableSolarib Renewables Private Limited reported revenue of ₹28.48 Lakh (up 107% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 107% in the latest year. EBITDA rose 104% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹28.48 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹6,494 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹6,494 | |
| 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 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.2% | |
| Net Profit Margin | 0.2% | |
| 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 Solarib Renewables Private Limited, buy the company report.
Board of directors of Solarib Renewables Private Limited
Solarib Renewables has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Kumar Manghnani Also directs: Solarib Salesforce Private Limited | Director | 03 May 2019 | 7 Years 5 Months | Current |
| Bharat Kumar Manghnani Also directs: Solarib Salesforce Private Limited | Additional Director | 22 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Solarib Renewables Private Limited is audited by AGARWAL CHOUDHARY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL CHOUDHARY & CO | FY 2021 | 013748C |
Shareholding
The shareholding of Solarib Renewables Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Solarib Renewables Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Solarib Renewables 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 Solarib Renewables Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solarib Renewables has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08ABCCS0118D1ZV | Rajasthan | Active | 28 May 2019 |
To see the full GST registrations and return filing status of Solarib Renewables Private Limited, buy the company report.
Recent activity
Solarib Renewables Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Nitin Mansinhrao Kale ceased to be Director on 23 Mar 2022.
Frequently asked questions
Solarib Renewables is an active private limited company based in Jaipur, Rajasthan, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 03 May 2019 (7+ years old) and is registered under CIN U40100RJ2019PTC064820.
Solarib Renewables has 2 current directors:
- Rahul Kumar Manghnani - Director
- Bharat Kumar Manghnani - Additional Director
The latest financial statements of Solarib Renewables on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Solarib Renewables is 08ABCCS0118D1ZV, registered in Rajasthan. 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 Solarib Renewables is U40100RJ2019PTC064820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solarib Renewables was incorporated on 03 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Jaipur.
Nitin Mansinhrao Kale ceased to be Director on 23 Mar 2022. Bharat Kumar Manghnani was appointed as Additional Director on 22 Mar 2022. Dharamveer Singh Siyag ceased to be Director on 29 Feb 2020. Solarib Renewables has 5 board changes on record in total.
Yes, Solarib Renewables is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Solarib Renewables is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0022728).
The registered office of Solarib Renewables is at P No. 8 F. No. – F3 Devkinandan Apartment Near Metro Piller No 125, Jaipur, Rajasthan, India – 302019.