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Solex Energy Limited - Company Profile

It is a consumer electronics & durables public limited company based in Surat City, Gujarat, India, established in 2014.

2014 | Surat City, Gujarat, India | Active
Last Updated:

About Solex Energy Limited

Solex Energy Limited, a active public limited company, was established on 13 October 2014 in Surat City, Gujarat, India. Engaging in electronics manufacturing within the manufacturing sector, it holds CIN: L40106GJ2014PLC081036. Registered under ROC Roc Ahmedabad. it is listed on NSE: SOLEX. It has an authorized capital of ₹11.00 Cr and a paid-up capital of ₹10.80 Cr.

Formerly known as Solex Energy Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹164.39 Cr and a net worth of ₹37.63 Cr. Employing 38 professional, Its leadership includes Rajeshbhai Tulsibhai Patel (Director), Kalpeshkumar Ramanbhai Patel (Whole-Time Director), Sanjay Bhagvandas Punjabi (Additional Director). Past directors included Kamlesh Narendrabhai Patel, Kalpeshkumar Ramanbhai Patel, Arpitaben Upendrabhai Shelat. It holds ₹622.76 Cr open charges and ₹162.26 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 8Th Floor, 801-812, Rio Empire, Opp. R.T.O Pal, Surat City, Gujarat, 395009.

Company Details

  • CIN/LLPIN

    L40106GJ2014PLC081036

  • Registration Number

    081036

  • Incorporation Date

    13 October 2014

  • Authorized Capital

    ₹11.00 Cr

  • Paid-Up Capital

    ₹10.80 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (NSE: SOLEX)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 10.80 Cr
  • Company Age 11 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 622.76 Cr
  • Satisfied Charges ₹ 162.26 Cr
  • Revenue Growth 126.11%
  • Profit Growth 174.39%
  • Ebitda 510.06%
  • Net Worth 7.39%
  • Total Assets 88.62%
Company report

Solex Energy Limited

Company Report FY 2025-2026

Explore comprehensive insights into Solex Energy Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Solex Energy Limited?

Current Directors

NameDesignationAppointment DateStatus
Rajeshbhai Tulsibhai PatelDirector24 Oct 2017Current
Kalpeshkumar Ramanbhai PatelWhole-Time Director13 Oct 2014Current
Sanjay Bhagvandas PunjabiAdditional Director11 Jan 2025Current
Kamlesh Pravin YagnikDirector03 Mar 2021Current
Kiran Ritesh ShahCfo08 Jun 2021Current
Piyush Kailashchandra ChandakWhole-Time Director08 Jun 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector11 Feb 2021Past
Pramod AbcsddManaging Director02 Sep 2021Past
Pramod AbcsddAdditional Director31 Mar 2017Past
Pramod AbcsddAdditional Director30 Sep 2015Past
Pramod AbcsddDirector11 Jan 2025Past
Pramod AbcsddCompany Secretary24 Nov 2023Past

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Financial Performance of Solex Energy.

Solex Energy Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 126.11% increase. The company also saw a substantial improvement in profitability, with a 174.39% increase in profit. The company's net worth moved up by a moderate rise of 7.39%.

Solex Energy revenue growth over time
Solex Energy profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
126.11%
Revenue from Operations
123.58%
Total Assets
88.62%
Profit or Loss
174.39%
Net Worth
7.39%
EBITDA
510.06%

What is the Ownership and Shareholding Structure of Solex Energy?

In 2023, Solex Energy had a promoter holding of 70.65% and a public holding of 29.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹6,227,587,000.00

Satisfied Charges

₹1,622,588,000.00

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 610.44 Cr
  • Others : 6.13 Cr
  • Tata Capital Financial Services Limited : 5.00 Cr
  • The South Indian Bank Limited : 1.14 Cr
  • Hdfc Bank Limited : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jul 2025Others₹2.80 MOpen
14 Jul 2025Others₹1.08 MOpen
11 Jun 2025Others₹1.07 MOpen
11 Jun 2025Others₹3.10 MOpen
24 Dec 2024The South Indian Bank Limited₹1.00 MOpen

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How Many Employees Work at Solex Energy?

Solex Energy has a workforce of 38 employees as of Oct 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Solex Energy Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solex Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Solex Energy's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Solex Energy

Recent Activity within the Organization

  • Charges

    Progress on A charge with Sbicap Trustee Company Limited of Rs. 610.44 Cr registered on 02 Jun 2022 with Charge ID 100586559 was modified on 15 Oct 2025. was documented.

  • Annual General Meeting

    The activity Solex Energy Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    Progress on Hemal Chandrakant Kachiwala was appointed as a Cfo was appointed as a Cfo on 19 Aug 2025 & has been associated with this company since 3 months 27 days . was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.28 Cr with Charge ID 101136404 was registered on 28 Jul 2025. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101129421 was registered on 14 Jul 2025. was documented.

  • Charges

    A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101109742 was registered on 11 Jun 2025. was recorded as a recent event.

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