Tanivi Solar Private Limited
About Tanivi Solar Private Limited
Data last updated:
Tanivi Solar Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Enrich Solar Services Private Limited. It operates in the electric power generation segment of the energy sector. It was incorporated on 17 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2016PTC432563. Its GSTIN is 29AAFCT7728L1ZM (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.66 Cr. It is led by directors Rakesh Fanindra Joshi and Rekha Sunilkumar Shah.
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 203 Floor 2nd Plot – Cs 63/74 Centre Point Dr Babasaheb Ambedkar Road, Morarjee Mill Compound Parel Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.61 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹1.29 Cr (net margin 22.9%) and EBITDA of ₹4.09 Cr (EBITDA margin 73%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 12% over five years.
As per MCA filings, the company has satisfied charges of ₹6 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Tanivi Solar has one previous CIN (Corporate Identification Number): U40300TG2016PTC109701. The current CIN is U40300MH2016PTC432563, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300MH2016PTC432563 | Current |
| U40300TG2016PTC109701 | Previous |
Contact details
Tanivi Solar Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address203 Floor 2nd Plot – Cs 63/74 Centre Point Dr Babasaheb Ambedkar Road, Morarjee Mill Compound Parel Mumbai, Maharashtra, India – 400012
- IndustryEnergy, Electric Power Generation, Transmission And Distribution
- 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 Tanivi Solar is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Tanivi Solar Private Limited, buy the company report.
Financials of Tanivi Solar Private Limited
FY 2025 filings availableTanivi Solar Private Limited reported revenue of ₹5.61 Cr (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 50% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.09 Cr | ||||
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| Net Profit (PAT) | ₹1.29 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 73% | ||||
| Net Profit Margin | 22.9% | ||||
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To see the full financial statements and ratios of Tanivi Solar Private Limited, buy the company report.
Board of directors of Tanivi Solar Private Limited
Tanivi Solar has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Fanindra Joshi | Director | 25 Jun 2020 | 6 Years 4 Months | Current |
| Rekha Sunilkumar Shah Also directs: Ashray Enclaves LLP, Shruti Developers LLP, Samarpan Securities Private Limited and 2 more | Director | 25 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Tanivi Solar Private Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Priapus Infrastructure Limited | ₹5.67 Cr (FY 2025) | -1.0% | Gurgaon, Haryana, India | |||
| Apca Power Private Limited | ₹5.66 Cr (FY 2025) | -7.0% | Gurgaon, Haryana, India | |||
| Radiance Ka Sunrise Two Private Limited | ₹5.66 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Tanivi Solar Private Limitedthis company | ₹5.61 Cr (FY 2025) | ₹1.29 Cr | 22.9% | -42.0% | Mumbai, Maharashtra, India | |
| Clean Max Rudra Private Limited | ₹5.61 Cr (FY 2025) | 120.0% | Mumbai, Maharashtra, India | |||
| Vivaan Operations Private Limited | ₹5.6 Cr (FY 2025) | -14.0% | Gwalior, Madhya Pradesh, India | |||
| Clean Max Power 4 Private Limited | ₹5.55 Cr (FY 2025) | 127.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Tanivi Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2019 | 100291233 | Others | ₹6 Cr | Satisfied |
To see the full charge records of Tanivi Solar Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Tanivi Solar Private Limited has 1 court case on record: 1 filed by Tanivi Solar. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Chamundeshwari Electricity Supply Corporation Limited | Disposed |
To see the full case history of Tanivi Solar Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tanivi Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tanivi Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCT7728L1ZM | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tanivi Solar Private Limited, buy the company report.
Recent activity
Tanivi Solar Private Limited has 10 board changes on record since 2016: 2 appointments and 8 cessations. The latest: Rakesh Fanindra Joshi was appointed as Director on 25 Jun 2020.
3 earlier events are in the company report.
Frequently asked questions
Tanivi Solar is an active private limited company based in Mumbai, Maharashtra, India. The company works in electric power generation, within the energy industry. It was incorporated on 17 May 2016 (10+ years old) and is registered under CIN U40300MH2016PTC432563.
Tanivi Solar has 2 current directors:
- Rakesh Fanindra Joshi - Director
- Rekha Sunilkumar Shah - Director
The latest financial statements of Tanivi Solar 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 2017 are in the company report.
The GSTIN of Tanivi Solar is 29AAFCT7728L1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Tanivi Solar is U40300MH2016PTC432563. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tanivi Solar has 1 court case on record: 1 filed by the company.
Tanivi Solar was incorporated on 17 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tanivi Solar by revenue are Priapus Infrastructure Limited, Apca Power Private Limited, Radiance Ka Sunrise Two Private Limited, Clean Max Rudra Private Limited, Vivaan Operations Private Limited and 1 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Rakesh Fanindra Joshi was appointed as Director on 25 Jun 2020. Rakesh Fanindra Joshi ceased to be Additional Director on 25 Jun 2020. Rekha Sunilkumar Shah was appointed as Director on 25 Jun 2020. Tanivi Solar has 10 board changes on record in total.
The registered office of Tanivi Solar is at 203 Floor 2nd Plot – Cs 6374 Centre Point Dr Babasaheb Ambedkar Road, Morarjee Mill Compound Parel Mumbai, Maharashtra, India – 400012.
Tanivi Solar operates in the energy industry, in the electric power generation segment.
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