
Solartrade Renewabletech Private Limited
About Solartrade Renewabletech Private Limited
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Solartrade Renewabletech Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 16 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U40106MP2021PTC057488. Its GSTIN is 23ABGCS8623M1ZY (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sachin Mangal (Whole-Time Director) and Neeraj Mangal.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bhopal, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.79 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26,272 (net margin 0.1%) and EBITDA of ₹1.08 Lakh (EBITDA margin 0.6%).
The company is associated with 1 brand: Solartrade. As per MCA filings, the company has open charges of ₹50 Lakh on record.
Solartrade Renewabletech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-10-0021028).
Company details
Recognitions & Rankings of Solartrade Renewabletech
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MP-10-0021028
Contact details
Solartrade Renewabletech Private Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address101A Ground Floor A – 121 Singapore, Opposite Jk Hospital Kolar Road, Bhopal, Madhya Pradesh, India – 462042
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Solartrade Renewabletech 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
Solartrade Renewabletech operates one associated brand: Solartrade. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides CRM, proposal tools, loans, and procurement for solar companies in India. | solartrade.in |
Business activity
The main business activity of Solartrade Renewabletech 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 Solartrade Renewabletech Private Limited, buy the company report.
Financials of Solartrade Renewabletech Private Limited
FY 2025 filings availableSolartrade Renewabletech Private Limited reported revenue of ₹1.79 Cr (up 347% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 347% in the latest year. EBITDA rose 223% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.79 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.08 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹26,272 | ||
| 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 | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.6% | ||
| Net Profit Margin | 0.1% | ||
| 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 Solartrade Renewabletech Private Limited, buy the company report.
Board of directors of Solartrade Renewabletech Private Limited
Solartrade Renewabletech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Mangal | Director | 16 Sep 2021 | 5 Years 1 Months | Current |
| Sachin Mangal | Whole-Time Director | 30 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Solartrade Renewabletech Private Limited is audited by Samyak Jain & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Samyak Jain & Co. | FY 2024 | 008841C |
Shareholding
The shareholding of Solartrade Renewabletech Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Solartrade Renewabletech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2025 | 101192239 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Solartrade Renewabletech 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 Solartrade Renewabletech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solartrade Renewabletech has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23ABGCS8623M1ZY | Madhya Pradesh | Active | 29 Sep 2021 |
| 27ABGCS8623M1ZQ | Maharashtra | Active | 14 Mar 2024 |
To see the full GST registrations and return filing status of Solartrade Renewabletech Private Limited, buy the company report.
Recent activity
Solartrade Renewabletech Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Sachin Mangal was appointed as Whole-Time Director on 30 Sep 2023.
Frequently asked questions
Solartrade Renewabletech is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 16 September 2021 (5+ years old) and is registered under CIN U40106MP2021PTC057488.
Solartrade Renewabletech has 2 current directors:
- Sachin Mangal - Whole-Time Director
- Neeraj Mangal - Director
The latest financial statements of Solartrade Renewabletech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Solartrade Renewabletech is 23ABGCS8623M1ZY, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27ABGCS8623M1ZQ (Maharashtra).
The CIN (Corporate Identification Number) of Solartrade Renewabletech is U40106MP2021PTC057488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solartrade Renewabletech was incorporated on 16 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Gwalior.
Sachin Mangal was appointed as Whole-Time Director on 30 Sep 2023. Neeraj Mangal was appointed as Director on 16 Sep 2021. Suraj Singh was appointed as Director on 16 Sep 2021.
Yes, Solartrade Renewabletech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Solartrade Renewabletech is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-10-0021028).
The registered office of Solartrade Renewabletech is at 101A Ground Floor A – 121 Singapore, Opposite Jk Hospital Kolar Road, Bhopal, Madhya Pradesh, India – 462042.

