About Solarize Renewables Private Limited
Data last updated:
Solarize Renewables Private Limited is a private limited company based in Jalgaon Jamod, Maharashtra, India, recognised as a startup by DPIIT. It operates in the power epc, bop and btg services segment of the energy and power sector. It was incorporated on 07 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U29253MH2016PTC273964. Its GSTIN is 24AAKCM2304C1Z3 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Malpande Brothers (Industries) Private Limited. It is led by directors including Sharad Pandurang Malpande and Girish Pandurang Malpande.
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 Plot No 31 Near Renuka Nagar Bus Stop, Jalgaon Jamod, Maharashtra, India – 443402.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.24 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net profit of ₹7.28 Lakh (net margin 5.9%) and EBITDA of ₹8.48 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹66.66 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solarizerenewables.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No 31 Near Renuka Nagar Bus Stop, Jalgaon Jamod, Maharashtra, India – 443402
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
- 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
- One PDF report, delivered after checkout
Business Activity of Solarize Renewables Private Limited
The main business activity of Solarize Renewables is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Solarize Renewables Private Limited
Solarize Renewables Private Limited is audited by MAHAJAN DOSHI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHAJAN DOSHI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Solarize Renewables Private Limited
Solarize Renewables has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Pandurang Malpande | Director | 07 Mar 2016 | 10 Years 6 Months | Current |
| Girish Pandurang Malpande Also directs: Janamejaya Agro Services Producer Company Limited | Director | 07 Mar 2016 | 10 Years 6 Months | Current |
| Himanshu Malpande | Director | 10 Feb 2018 | 8 Years 7 Months | Current |
Financials of Solarize Renewables Private Limited FY 2025 filings available
Solarize Renewables Private Limited reported revenue of ₹1.24 Cr (up 97% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Solarize Renewables Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 97% growth in the latest year. EBITDA rose 261% 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 of Solarize Renewables Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.28 Lakh | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Solarize Renewables Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Solarize Renewables are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Solarize Renewables Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Solarize Renewables Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Nov 2019 | State Bank of India | ₹66.66 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Solarize Renewables Private Limited
Employment history and EPFO contributions of people linked to Solarize Renewables.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Solarize Renewables Private Limited
Solarize Renewables has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCM2304C1Z3 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Solarize Renewables Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Solarize Renewables Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Solarize Renewables Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Solarize Renewables Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Solarize Renewables Private Limited
Frequently Asked Questions about Solarize Renewables Private Limited
Solarize Renewables is an active private limited company based in Jalgaon Jamod, Maharashtra, India. The company works in power epc, bop and btg services, within the energy and power industry. It was incorporated on 07 March 2016 (10+ years old) and is registered under CIN U29253MH2016PTC273964.
Solarize Renewables reported revenue of ₹1.24 Cr for FY 2024 (up 97% YoY).
Solarize Renewables has 3 current directors:
- Sharad Pandurang Malpande - Director
- Girish Pandurang Malpande - Director
- Himanshu Malpande - Director
Solarize Renewables reported a net profit of ₹7.28 Lakh (net margin 5.9%) and EBITDA of ₹8.48 Lakh (EBITDA margin 6.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solarize Renewables is -10% over three years and 6% over five years. In the latest year (FY 2024) revenue rose 97%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solarize Renewables is 24AAKCM2304C1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Solarize Renewables is U29253MH2016PTC273964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solarize Renewables was incorporated on 07 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Nagpur.
Yes, Solarize Renewables is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).