MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0071463
Solonox Renewables Private Limited
Solonox Renewables Private Limited - energy and power in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.1 Cr
▲ 4% YoY
Net profit · FY 2024
₹2.32 Lakh
Net margin 2.1%
EBITDA · FY 2024
₹5.1 Lakh
EBITDA margin 4.6%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Solonox Renewables Private Limited
Data last updated:
Solonox Renewables Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 24 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2018PTC313022. Its GSTIN is 27ABACS7114B1ZR (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashish Anil Deshpande and Sujit Deshpande Vilas.
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 Govardhan Dham Panchpakhadi Blk 201 Lbs Road, Thane, Maharashtra, India – 400601.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.1 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.32 Lakh (net margin 2.1%) and EBITDA of ₹5.1 Lakh (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 51% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh on record.
Solonox Renewables Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0071463).
Company details
CIN U40300MH2018PTC313022
Registration Number 313022
Incorporation Date 24 August 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0071463
Recognitions & Rankings of Solonox Renewables
Contact details
Solonox Renewables Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGovardhan Dham Panchpakhadi Blk 201 Lbs Road, Thane, Maharashtra, India – 400601
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Solonox Renewables Private Limited, buy the company report.
Comprehensive company report
Solonox Renewables 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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Secure checkout · GST invoice included
Business activity
The main business activity of Solonox Renewables is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Solonox Renewables Private Limited, buy the company report.
Financials of Solonox Renewables Private Limited
FY 2025 filings availableSolonox Renewables Private Limited reported revenue of ₹1.1 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹1.1 Cr ▲ 4%
Net profit · FY 2024
₹2.32 Lakh margin 2.1%
EBITDA · FY 2024
₹5.1 Lakh margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 10%
5 years · compounded
▲ 51%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 10%
5 years · compounded
▲ 40%
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 4% growth in the latest year. EBITDA fell 2% 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 | ₹5.1 Lakh | ||||
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| Net Profit (PAT) | ₹2.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Solonox Renewables Private Limited, buy the company report.
Board of directors of Solonox Renewables Private Limited
Solonox Renewables has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Anil Deshpande | Director | 24 Aug 2018 | 8 Years 2 Months | Current |
| Sujit Deshpande Vilas | Director | 24 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Solonox Renewables Private Limited is audited by N. A. DESHPANDE & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. A. DESHPANDE & ASSOCIATES | FY 2022 | 124190 |
Shareholding
The shareholding of Solonox Renewables Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Solonox Renewables Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2020 | 100318224 | Others | ₹25 Lakh | Open |
To see the full charge records of Solonox Renewables Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Solonox Renewables 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 Solonox Renewables Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solonox Renewables has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABACS7114B1ZR | Maharashtra | Active | 02 Nov 2018 |
To see the full GST registrations and return filing status of Solonox Renewables Private Limited, buy the company report.
Recent activity
Solonox Renewables Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ashish Anil Deshpande was appointed as Director on 24 Aug 2018.
AGM
Solonox Renewables Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solonox Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 25.00 Lakh registered on 27 Jan 2020 with Charge ID 100318224 was modified on 07 Oct 2021.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100318224 was registered on 27 Jan 2020.
Appointed
Ashish Anil Deshpande was appointed as Director.
Appointed
Sujit Deshpande Vilas was appointed as Director.
Incorporation
24 Aug 2018
Solonox Renewables Private Limited was registered on 24 Aug 2018 with Roc Mumbai & aged 8 years 2 months as per MCA records.
Frequently asked questions
Solonox Renewables is an active private limited company based in Thane, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 24 August 2018 (8+ years old) and is registered under CIN U40300MH2018PTC313022.
Solonox Renewables has 2 current directors:
- Ashish Anil Deshpande - Director
- Sujit Deshpande Vilas - Director
The latest financial statements of Solonox Renewables on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Solonox Renewables is 27ABACS7114B1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Solonox Renewables is U40300MH2018PTC313022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solonox Renewables was incorporated on 24 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashish Anil Deshpande was appointed as Director on 24 Aug 2018. Sujit Deshpande Vilas was appointed as Director on 24 Aug 2018.
Yes, Solonox Renewables is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0071463).
The registered office of Solonox Renewables is at Govardhan Dham Panchpakhadi Blk 201 Lbs Road, Thane, Maharashtra, India – 400601.
Solonox Renewables operates in the energy and power industry, in the power equipment manufacturers segment.