MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0005186
Soleos Energy Private Limited - environment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹101.37 Cr
▲ 80% YoY
Net profit · FY 2024
₹11.02 Cr
Net margin 10.9%
EBITDA · FY 2024
₹16.55 Cr
EBITDA margin 16.3%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹2.11 Cr
Issued & subscribed
Open charges
₹75.8 Cr
Satisfied ₹12.2 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
28
Provident fund records
About Soleos Energy Private Limited
Data last updated:
Soleos Energy Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 11 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ2017PLC095084. Its GSTIN is 24AAXCS9948K1Z7 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.11 Cr. It is led by directors including Bhaveshkumar Chunilal Rathod (Managing Director) and Dhavalkumar Ghanshyambhai Jiyani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No.H/412 Sumel Business Park – 7 Near Soni Ni Chali N.H.Road – 8 Rakhial, Ahmedabad, Gujarat, India – 380023.
As per the financials filed for FY 2024, the company reported a revenue of ₹101.37 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹11.02 Cr (net margin 10.9%) and EBITDA of ₹16.55 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 130% over three years and 75% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Soleos Solar and Soleos Solar Energy. As per MCA filings, the company has open charges of ₹75.8 Cr and satisfied charges of ₹12.2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Soleos Energy Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0005186). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website soleosenergy.com.
Company details
CIN U31909GJ2017PLC095084
Registration Number 095084
Incorporation Date 11 January 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0005186
CIN history
Soleos Energy has one previous CIN (Corporate Identification Number): U31909GJ2017PTC095084. The current CIN is U31909GJ2017PLC095084, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31909GJ2017PLC095084 | Current |
| U31909GJ2017PTC095084 | Previous |
Key People
Bhaveshkumar Chunilal Rathod Managing Director Dhavalkumar Ghanshyambhai Jiyani Whole-Time Director Parth Rameshbhai Rangholia Whole-Time Director Recognitions & Rankings of Soleos Energy
Contact details
Soleos Energy Private Limited's registered office is in Ahmedabad, Gujarat.
- Social Media
- Registered AddressShop No.H/412 Sumel Business Park – 7 Near Soni Ni Chali N.H.Road – 8 Rakhial, Ahmedabad, Gujarat, India – 380023
- IndustryEnvironment, Solar Energy Solutions
Comprehensive company report
Soleos Energy 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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Brands
Soleos Energy operates two associated brands: Soleos Solar and Soleos Solar Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of solar EPC, finance, insurance, and O&M services | soleosenergy.com | |
| Solar EPC services and renewable energy solutions are provided globally by Soleos. | soleos.in |
Business activity
The main business activity of Soleos Energy is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Soleos Energy Private Limited, buy the company report.
Financials of Soleos Energy Private Limited
FY 2024 filings availableSoleos Energy Private Limited reported revenue of ₹101.37 Cr (up 80% YoY) for FY 2024.
Revenue · FY 2024
₹101.37 Cr ▲ 80%
Net profit · FY 2024
₹11.02 Cr margin 10.9%
EBITDA · FY 2024
₹16.55 Cr margin 16.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 80%
3 years · compounded
▲ 130%
5 years · compounded
▲ 75%
EBITDA CAGR growth
1 year
▲ 202%
3 years · compounded
▲ 203%
5 years · compounded
▲ 84%
Revenue has grown at a compounded annual rate (CAGR) of 75% over five years, including 80% growth in the latest year. EBITDA rose 202% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹16.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.02 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.3% | ||||
| Net Profit Margin | 10.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Soleos Energy Private Limited, buy the company report.
Board of directors of Soleos Energy Private Limited
Soleos Energy has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhavalkumar Ghanshyambhai Jiyani Also directs: Ivy Capital LLP, Renature Energy Park Private Limited, Skyview Renewable Park Private Limited and 5 more | Whole-Time Director | 09 Mar 2021 | 5 Years 8 Months | Current |
| Bhaveshkumar Chunilal Rathod Also directs: Ivy Capital LLP, Enhanced Electronic Design Private Limited, Renature Energy Park Private Limited and 5 more | Managing Director | 11 Jan 2017 | 9 Years 9 Months | Current |
| Parth Rameshbhai Rangholia Also directs: Enhanced Electronic Design Private Limited, Renature Energy Park Private Limited, Skyview Renewable Park Private Limited and 5 more | Whole-Time Director | 11 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Soleos Energy Private Limited is compared with the 4 companies closest to it by revenue in the Power industry (EPC, BoP and BTG), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Axis Energy Ventures India Private Limited | ₹102.01 Cr (FY 2025) | 91.0% | Hyderabad, Telangana, India | |||
| Soleos Energy Private Limitedthis company | ₹101.37 Cr (FY 2024) | ₹11.02 Cr | 10.9% | 80.0% | Ahmedabad, Gujarat, India | |
| Nexsun Energy Private Limited | ₹101.3 Cr (FY 2023) | 65.0% | Coimbatore, Tamil Nadu, India | |||
| Beawar Transmission Limited | ₹100.32 Cr (FY 2024) | Haryana, India | ||||
| Dexler Energy Private Limited | ₹100.03 Cr (FY 2024) | 150.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Soleos Energy Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75.8 Cr
Satisfied charges
₹12.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2024 | 100983847 | Yes Bank Limited | ₹19.35 Cr | Open | |
| 01 Aug 2024 | 100957367 | Hdfc Bank Limited | ₹10.49 Lakh | Open | |
| 27 Dec 2023 | 100839743 | Hdfc Bank Limited | ₹56.35 Cr | Open | |
| 25 Jul 2024 | 100963204 | The Hongkong and Shanghai Banking Corporation Limited | ₹4 Cr | Satisfied | |
| 03 Mar 2022 | 100542583 | Others | ₹6 Cr | Satisfied |
To see the full charge records of Soleos Energy Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Soleos Energy Private Limited has 1 court case on record: 1 filed by Soleos Energy. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Ajanta Manufacture Pvt. Ltd. (Oreva) Through the Director | Pending |
To see the full case history of Soleos Energy Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Soleos Energy Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 3 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Maruti Spintex Private Limited | |||
| Jalaram Ceramics Limited | |||
| Deepak Proteins Private Limited |
To see the full MSME payment records of Soleos Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Soleos Energy has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAXCS9948K1Z7 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Soleos Energy Private Limited, buy the company report.
Recent activity
Soleos Energy Private Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Parth Rameshbhai Rangholia ceased to be Director on 29 May 2025.
Charges
A charge registered on 25 Jul 2024 via Charge ID 100963204 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 28 Oct 2025.
Ceased
Parth Rameshbhai Rangholia ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 56.35 Cr registered on 27 Dec 2023 with Charge ID 100839743 was modified on 08 Apr 2025.
AGM
Soleos Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Bhaveshkumar Chunilal Rathod ceased to be Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 19.35 Cr with Charge ID 100983847 was registered on 20 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100957367 was registered on 01 Aug 2024.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 4.00 Cr with Charge ID 100963204 was registered on 25 Jul 2024.
Filing
Soleos Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 16 Sep 2020 via Charge ID 100369958 with Others was fully satisfied on 08 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 56.35 Cr with Charge ID 100839743 was registered on 27 Dec 2023.
Charges
A charge registered on 03 Mar 2022 via Charge ID 100542583 with Others was fully satisfied on 02 Sep 2023.
10 earlier events are in the company report.
News
Frequently asked questions
Soleos Energy is an active private limited company based in Ahmedabad, Gujarat, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 11 January 2017 (9+ years old) and is registered under CIN U31909GJ2017PLC095084.
Soleos Energy has 3 current directors:
- Bhaveshkumar Chunilal Rathod - Managing Director
- Dhavalkumar Ghanshyambhai Jiyani - Whole-Time Director
- Parth Rameshbhai Rangholia - Whole-Time Director
The latest financial statements of Soleos Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Soleos Energy is 24AAXCS9948K1Z7, registered in Gujarat. 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 Soleos Energy is U31909GJ2017PLC095084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Soleos Energy has 1 court case on record: 1 filed by the company. 1 is pending.
Soleos Energy was incorporated on 11 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Soleos Energy by revenue are Axis Energy Ventures India Private Limited, Nexsun Energy Private Limited, Beawar Transmission Limited, Dexler Energy Private Limited, all in the Power industry (EPC, BoP and BTG), with the same principal business activity (electric power generation, transmission and distribution).
Parth Rameshbhai Rangholia ceased to be Director on 29 May 2025. Bhaveshkumar Chunilal Rathod ceased to be Director on 29 Sep 2024. Dhavalkumar Ghanshyambhai Jiyani was appointed as Whole-Time Director on 09 Mar 2021. Soleos Energy has 7 board changes on record in total.
Yes, Soleos Energy is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0005186).
Soleos Energy has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Soleos Energy can be reached through the website soleosenergy.com. Its registered office is in Ahmedabad, Gujarat, India.
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