Solnova Power Private Limited - Company Profile

It is a environment private limited company based in Hyderabad, Telangana, India, established in 2013.
2013 Hyderabad, Telangana, India Active
Last Updated:
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About Solnova Power Private Limited

Solnova Power Private Limited, a active private limited company, was established on 08 August 2013 in Hyderabad, Telangana, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U40108TG2013PTC089370. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹10.00 Cr.

It upholds a active non-compliant status. Its leadership includes Varun Kancharla (Director), Siddharth Kancharla (Director). Past directors included Anuroop Kichnnagari. It holds ₹8.07 Cr open charges and ₹15.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. 137, Asvasidh Abode, Jv Colony, Gachibowli, Hyderabad, Telangana, 500032.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U40108TG2013PTC089370

  • Registration Number

    089370

  • Incorporation Date

    08 August 2013

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹10.00 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 12 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.07 Cr
  • Satisfied Charges ₹ 15.00 Cr
  • Revenue Growth **** -21.36%
  • Profit Growth **** -696.52%
  • Ebitda **** -46.84%
  • Net Worth -6.81%
  • Total Assets -8.59%
Company report

Solnova Power Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Solnova Power Private 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 Solnova Power Private Limited?
Current Directors
Name Designation Appointment Date Status
Varun Kancharla Director 08 Aug 2013 Current
Siddharth Kancharla Director 08 Aug 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 29 Sep 2014 Past

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Financial Performance of Solnova Power.

Solnova Power Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.36% decrease. The company also saw a substantial fall in profitability, with a 696.52% decrease in profit. The company's net worth dipped by a decrease of 6.81%.

Solnova Power revenue growth over time
Solnova Power profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -21.36%
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Revenue from Operations
*******
 -30.04%
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Total Assets
*******
 -8.59%
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*******
*******
*******
Profit or Loss
*******
 -696.52%
*******
*******
*******
*******
Net Worth
*******
 -6.81%
*******
*******
*******
*******
EBITDA
*******
 -46.84%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Solnova Power?

In 2023, Solnova Power had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹80,706,761.00

Satisfied Charges

₹150,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 8.07 Cr
Latest Charge Details
Date Lender Amount Status
12 May 2021 Hdfc Bank Limited ₹0.71 M Open
08 Oct 2020 Hdfc Bank Limited ₹8.00 Cr Open
29 Feb 2016 Others ₹15.00 Cr Satisfied

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How Many Employees Work at Solnova Power?

Unlock and access historical data on people associated with Solnova Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solnova Power, 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 Solnova Power'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.

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Latest Updates, News, and FAQs on Solnova Power
Recent Activity within the Organization
  • Annual General Meeting

    Solnova Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Solnova Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 8.00 Cr registered on 08 Oct 2020 with Charge ID 100415993 was modified on 02 Mar 2022. was documented.

  • Charges

    The activity A charge registered on 29 Feb 2016 via Charge ID 100018934 with Others was fully satisfied on 28 Jul 2021. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100452283 was registered on 12 May 2021. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100415993 was registered on 08 Oct 2020. was completed.

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Frequently Asked Questions
What is the CIN of Solnova Power Private Limited?

The CIN of Solnova Power Private Limited is U40108TG2013PTC089370.

Where is Solnova Power Private Limited headquartered?

Solnova Power Private Limited is headquartered at Plot No. 137, Asvasidh Abode, Jv Colony, Gachibowli, Hyderabad, Telangana, 500032.

When was Solnova Power Private Limited incorporated?

Solnova Power Private Limited was incorporated on 08 August 2013.

Who are the current directors of Solnova Power Private Limited?

The current directors of Solnova Power Private Limited are

What is the primary industry of Solnova Power Private Limited?

The primary industry of Solnova Power Private Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Solnova Power Private Limited a listed company?

Solnova Power Private Limited is unlisted.

What is the capital structure of Solnova Power Private Limited?

The authorized capital of Solnova Power Private Limited is ₹10.00 Cr, and the paid-up capital is ₹10.00 Cr.

What is the compliance status of Solnova Power Private Limited?

The compliance status of Solnova Power Private Limited is Active Non-Compliant.

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