MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-22-0162467
Solwaves Energia Private Limited
Solwaves Energia Private Limited - energy and power in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.56 Cr
Latest filing
Net profit · FY 2025
₹10.96 Cr
Net margin 53.3%
EBITDA · FY 2025
₹17.21 Cr
EBITDA margin 83.7%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5.81 Cr
Issued & subscribed
Open charges
₹2,300 Cr
Satisfied ₹16.5 Cr
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Solwaves Energia Private Limited
Data last updated:
Solwaves Energia Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 26 November 2021 and has been in existence for over 5 years.
Its director Farukbhai Gulambhai Patel is #188 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40107GJ2021PTC127581. Its GSTIN is 24ABHCS3788C1Z8 (Gujarat).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.81 Cr. It is led by directors Sarfaraz Yakub Patel and Patel Faruk.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.56 Cr. For the same year it recorded a net profit of ₹10.96 Cr (net margin 53.3%) and EBITDA of ₹17.21 Cr (EBITDA margin 83.7%).
As per MCA filings, the company has open charges of ₹2,300 Cr and satisfied charges of ₹16.5 Cr on record.
Solwaves Energia Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0162467). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U40107GJ2021PTC127581
Registration Number 127581
Incorporation Date 26 November 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-22-0162467
Recognitions & Rankings of Solwaves Energia
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #188 Farukbhai Gulambhai Patel ₹19,500 Cr
Contact details
Solwaves Energia Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKp House Near Kp Circle Opp. Ishwar Farm Junction Brts, Canal Road Bhatar, Surat, Gujarat, India – 395017
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Solwaves Energia Private Limited, buy the company report.
Comprehensive company report
Solwaves Energia 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Solwaves Energia 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 Solwaves Energia Private Limited, buy the company report.
Financials of Solwaves Energia Private Limited
FY 2025 filings availableSolwaves Energia Private Limited reported revenue of ₹20.56 Cr for FY 2025.
Revenue · FY 2025
₹20.56 Cr
Net profit · FY 2025
₹10.96 Cr margin 53.3%
EBITDA · FY 2025
₹17.21 Cr margin 83.7%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹17.21 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹10.96 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 83.7% | |||
| Net Profit Margin | 53.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Solwaves Energia Private Limited, buy the company report.
Board of directors of Solwaves Energia Private Limited
Solwaves Energia has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarfaraz Yakub Patel Also directs: Kpsun Krag Private Limited, Kpzon Energia Private Limited, KP Energy Oms Limited and 4 more | Director | 26 Nov 2021 | 4 Years 11 Months | Current |
| Patel Faruk | Director | 26 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Solwaves Energia Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (electricity, gas, steam and air conditioning supply), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Confidence Industries Private Limited | ₹21.84 Cr (FY 2025) | 839723.0% | Saoner, Maharashtra, India | |||
| Kpsun Krag Private Limited | ₹21.56 Cr (FY 2025) | 1622.0% | Surat, Gujarat, India | |||
| Vse Solar Private Limited | ₹21.54 Cr (FY 2025) | 40937.0% | Ajmer, Rajasthan, India | |||
| Bagmane Clean Energy Private Limited | ₹21.42 Cr (FY 2025) | 2591.0% | Bangalore, Karnataka, India | |||
| Hindustan Epc-Co Private Limited | ₹20.71 Cr (FY 2025) | 316.0% | New Delhi, Delhi, India | |||
| Solwaves Energia Private Limitedthis company | ₹20.56 Cr (FY 2025) | ₹10.96 Cr | 53.3% | Surat, Gujarat, India | ||
| Adani Renewable Energy Fifty Six Limited | ₹20.43 Cr (FY 2025) | 204200.0% | Gandhinagar, Gujarat, India | |||
| Enren Energy Private Limited | ₹20.32 Cr (FY 2025) | 39350.0% | Pune, Maharashtra, India | |||
| Mahatma Phule Renewable Energy and Infrastructure Technology Limited | ₹20.28 Cr (FY 2025) | 301.0% | Mumbai, Maharashtra, India | |||
| Shinetec Energy Solutions Private Limited | ₹19.63 Cr (FY 2025) | 128.0% | Rajapalayam, Tamil Nadu, India |
To see the full peer comparison of Solwaves Energia Private Limited, buy the company report.
Auditor
Solwaves Energia Private Limited is audited by SAB & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAB & ASSOCIATES | FY 2023 | 135417W |
Shareholding
The shareholding of Solwaves Energia Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Solwaves Energia Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2,300 Cr
Satisfied charges
₹16.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101169057 | Sbicap Trustee Company Limited | ₹2,300 Cr | Open | |
| 13 Mar 2023 | 100724145 | State Bank of India | ₹16.5 Cr | Satisfied |
To see the full charge records of Solwaves Energia Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Solwaves Energia 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 Solwaves Energia Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solwaves Energia Private Limited has 1 active EPFO establishment as of Nov 12, 2026.
Active EPFO establishments
1
GST
Solwaves Energia has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABHCS3788C1Z8 | Gujarat | Active | 15 Mar 2023 |
To see the full GST registrations and return filing status of Solwaves Energia Private Limited, buy the company report.
Recent activity
Solwaves Energia Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Patel Faruk was appointed as Director on 26 Nov 2021.
Charges
A charge registered on 13 Mar 2023 via Charge ID 100724145 with State Bank Of India was fully satisfied on 01 Dec 2025.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 2,300.00 Cr with Charge ID 101169057 was registered on 29 Sep 2025.
AGM
Solwaves Energia Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Solwaves Energia Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 16.50 Cr registered on 13 Mar 2023 with Charge ID 100724145 was modified on 29 Mar 2023.
Charges
A charge with State Bank Of India amounted to Rs. 16.50 Cr with Charge ID 100724145 was registered on 13 Mar 2023.
Appointed
Patel Faruk was appointed as Director.
Appointed
Sarfaraz Yakub Patel was appointed as Director.
Incorporation
26 Nov 2021
Solwaves Energia Private Limited was registered on 26 Nov 2021 with Roc Ahmedabad & aged 4 years 11 months as per MCA records.
Frequently asked questions
Solwaves Energia is an active private limited company based in Surat, Gujarat, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 26 November 2021 (5+ years old) and is registered under CIN U40107GJ2021PTC127581.
Solwaves Energia has 2 current directors:
- Sarfaraz Yakub Patel - Director
- Patel Faruk - Director
The latest financial statements of Solwaves Energia on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Solwaves Energia is 24ABHCS3788C1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Solwaves Energia is U40107GJ2021PTC127581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solwaves Energia was incorporated on 26 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Solwaves Energia by revenue are Confidence Industries Private Limited, Kpsun Krag Private Limited, Vse Solar Private Limited, Bagmane Clean Energy Private Limited, Hindustan Epc-Co Private Limited and 4 more, all in the same principal business activity (electricity, gas, steam and air conditioning supply).
Patel Faruk was appointed as Director on 26 Nov 2021. Sarfaraz Yakub Patel was appointed as Director on 26 Nov 2021.
Yes, Solwaves Energia is registered as an MSME under Udyam registration (number: UDYAM-GJ-22-0162467).
The registered office of Solwaves Energia is at Kp House Near Kp Circle Opp. Ishwar Farm Junction Brts, Canal Road Bhatar, Surat, Gujarat, India – 395017.
Solwaves Energia operates in the energy and power industry, in the power transmission and distribution services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages