About Solveen Energy Labs Private Limited
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Solveen Energy Labs Private Limited is a private limited company based in Yeola, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 26 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC314764. Its GSTIN is 27ABACS8667D1Z3 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nitin Dilip Pardeshi and Manoj Arun Nagare.
Its last annual general meeting (AGM) was held on 10 April 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Lsno 87P Plot No. 113 Abajirao Nagar Paregaon Road, Yeola, Maharashtra, India – 423401.
As per the financials filed for FY 2022, the company reported a revenue of ₹71.39 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹63,120 (net margin 0.9%) and EBITDA of ₹2.01 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 293% over three years.
As per MCA filings, the company has open charges of ₹2.87 Lakh on record.
For more details, the company can be reached via its website solveen.in.
Company details
Contact details
Solveen Energy Labs Private Limited's registered office is in Yeola, Maharashtra. Its website is solveen.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLsno 87P Plot No. 113 Abajirao Nagar Paregaon Road, Yeola, Maharashtra, India – 423401
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Solveen Energy Labs 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
Business activity
The main business activity of Solveen Energy Labs is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Solveen Energy Labs Private Limited, buy the company report.
Financials of Solveen Energy Labs Private Limited
FY 2022 filings availableSolveen Energy Labs Private Limited reported revenue of ₹71.39 Lakh (down 1% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 293%. EBITDA rose 130% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹2.01 Lakh | |||
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| Net Profit (PAT) | ₹63,120 | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | ||||
| EBITDA Margin | 2.8% | |||
| Net Profit Margin | 0.9% | |||
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To see the full financial statements and ratios of Solveen Energy Labs Private Limited, buy the company report.
Board of directors of Solveen Energy Labs Private Limited
Solveen Energy Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Dilip Pardeshi | Director | 26 Sep 2018 | 8 Years 1 Months | Current |
| Manoj Arun Nagare | Director | 26 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Solveen Energy Labs Private Limited is audited by P R BHANDARI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R BHANDARI & ASSOCIATES | FY 2019 | 101175W |
Shareholding
The shareholding of Solveen Energy Labs Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Solveen Energy Labs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2020 | 100325557 | Others | ₹2.87 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Solveen Energy Labs 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 Solveen Energy Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solveen Energy Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABACS8667D1Z3 | Maharashtra | Active | 05 Nov 2018 |
To see the full GST registrations and return filing status of Solveen Energy Labs Private Limited, buy the company report.
Recent activity
Solveen Energy Labs Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Manoj Arun Nagare was appointed as Director on 26 Sep 2018.
Frequently asked questions
Solveen Energy Labs is an active private limited company based in Yeola, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 26 September 2018 (8+ years old) and is registered under CIN U74999MH2018PTC314764.
Solveen Energy Labs has 2 current directors:
- Nitin Dilip Pardeshi - Director
- Manoj Arun Nagare - Director
The latest financial statements of Solveen Energy Labs on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 10 April 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Solveen Energy Labs is 27ABACS8667D1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Solveen Energy Labs is U74999MH2018PTC314764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solveen Energy Labs was incorporated on 26 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Manoj Arun Nagare was appointed as Director on 26 Sep 2018. Nitin Dilip Pardeshi was appointed as Director on 26 Sep 2018.
Solveen Energy Labs can be reached through the website solveen.in. Its registered office is in Yeola, Maharashtra, India.
The registered office of Solveen Energy Labs is at Lsno 87P Plot No. 113 Abajirao Nagar Paregaon Road, Yeola, Maharashtra, India – 423401.
Solveen Energy Labs operates in the consumer electronics and durables industry, in the electronics manufacturing segment.
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