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Solarise Industries Private Limited - consumer electronics & durables in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.51 Lakh
▼ 92% YoY
Net loss · FY 2025
₹22.9 Lakh
Net margin -130.8%
EBITDA · FY 2025
-₹20.99 Lakh
EBITDA margin -119.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Open charges
₹30 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
4
Provident fund records
About Solarise Industries Private Limited
Data last updated:
Solarise Industries Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 06 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U40106PN2019PTC185897. Its GSTIN is 27ABCCS4574K1ZW (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It was formerly known as Solarise E Generation Private Limited. It is led by directors Sagar Balasaheb Bhosale and Amrut Tanaji Bhosale.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – Wing Flat No.65 Prithvi Apartments Bhosale Garden Hadapsar, Pune, Maharashtra, India – 411028.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.51 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹22.9 Lakh (net margin -130.8%) and EBITDA of -₹20.99 Lakh (EBITDA margin -119.8%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 35% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
Solarise Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0042353). For more details, the company can be reached via its website solarisee.com.
Company details
CIN U40106PN2019PTC185897
Registration Number 185897
Incorporation Date 06 August 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0042353
Recognitions & Rankings of Solarise Industries
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-MH-26-0042353
Contact details
Solarise Industries Private Limited's registered office is in Pune, Maharashtra. Its website is solarisee.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – Wing Flat No.65 Prithvi Apartments Bhosale Garden Hadapsar, Pune, Maharashtra, India – 411028
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Solarise Industries Private Limited, buy the company report.
Comprehensive company report
Solarise Industries Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Solarise Industries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Solarise Industries Private Limited, buy the company report.
Financials of Solarise Industries Private Limited
FY 2025 filings availableSolarise Industries Private Limited reported revenue of ₹17.51 Lakh (down 92% YoY) for FY 2025.
Revenue · FY 2025
₹17.51 Lakh ▼ 92%
Net loss · FY 2025
₹22.9 Lakh margin -130.8%
EBITDA · FY 2025
-₹20.99 Lakh margin -119.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 56%
5 years · compounded
▼ 35%
EBITDA CAGR growth
1 year
▼ 172%
3 years · compounded
▼ 85%
5 years · compounded
▼ 43%
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 92% fall in the latest year. EBITDA fell 172% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹20.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.9 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -119.8% | ||||
| Net Profit Margin | -130.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Solarise Industries Private Limited, buy the company report.
Board of directors of Solarise Industries Private Limited
Solarise Industries has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Balasaheb Bhosale | Director | 06 Aug 2019 | 7 Years 2 Months | Current |
| Amrut Tanaji Bhosale Also directs: Pixametic Technologies Private Limited | Additional Director | 13 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Solarise Industries Private Limited is audited by MANGESH M SHENDE & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANGESH M SHENDE & CO | FY 2022 | 126062W |
Shareholding
The shareholding of Solarise Industries Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Solarise Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2022 | 100588067 | Axis Bank Limited | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Solarise Industries 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 Solarise Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solarise Industries Private Limited has a workforce of 4 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
GST
Solarise Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABCCS4574K1ZW | Maharashtra | Active | 19 Oct 2019 |
To see the full GST registrations and return filing status of Solarise Industries Private Limited, buy the company report.
Recent activity
Solarise Industries Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Aparna Sagar Bhosale ceased to be Director on 14 Aug 2020.
AGM
Solarise Industries Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Solarise Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Axis Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 100588067 was registered on 28 Jun 2022.
Ceased
Aparna Sagar Bhosale ceased to be Director.
Appointed
Amrut Tanaji Bhosale was appointed as Additional Director.
Appointed
Aparna Sagar Bhosale was appointed as Director.
Appointed
Sagar Balasaheb Bhosale was appointed as Director.
Incorporation
06 Aug 2019
Solarise Industries Private Limited was registered on 06 Aug 2019 with Roc Pune & aged 7 years 3 months as per MCA records.
Frequently asked questions
Solarise Industries is an active private limited company based in Pune, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 06 August 2019 (7+ years old) and is registered under CIN U40106PN2019PTC185897.
Solarise Industries has 2 current directors:
- Sagar Balasaheb Bhosale - Director
- Amrut Tanaji Bhosale - Additional Director
The latest financial statements of Solarise Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Solarise Industries is 27ABCCS4574K1ZW, registered in Maharashtra. 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 Solarise Industries is U40106PN2019PTC185897. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solarise Industries was incorporated on 06 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Aparna Sagar Bhosale ceased to be Director on 14 Aug 2020. Amrut Tanaji Bhosale was appointed as Additional Director on 13 Aug 2020. Aparna Sagar Bhosale was appointed as Director on 06 Aug 2019. Solarise Industries has 4 board changes on record in total.
Yes, Solarise Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Solarise Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0042353).
Solarise Industries can be reached through the website solarisee.com. Its registered office is in Pune, Maharashtra, India.
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