Thinkpower Solar Energy LLP
About Thinkpower Solar Energy LLP
Data last updated:
Thinkpower Solar Energy LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 11 June 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAP-5742. Its GSTIN is 24AAPFT1690J1ZR (Gujarat).
The LLP has a total obligation of contribution of ₹10,000. It is led by designated partners Navinkumar Parsottom Maheshwari and Vidhi Riteshkumar Parikh.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹14.46 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹7.88 Lakh (net margin 0.5%) and EBITDA of ₹51.95 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 95% over three years.
As per MCA filings, the LLP has open charges of ₹60 Lakh on record.
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- Registered AddressC – 105 Titenium Square Nr. Bmw Showroom Thaltej Chokdi Thalte, J, Ahmedabad, Gujarat, India – 380054
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & 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
- One PDF report, delivered after checkout
Financials of Thinkpower Solar Energy LLP FY 2025 filings available
Thinkpower Solar Energy LLP reported revenue of ₹14.46 Cr (up 52% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Thinkpower Solar Energy LLP
Revenue has grown at a compounded annual rate (CAGR) of 95% over three years, including 52% growth 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 of Thinkpower Solar Energy LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹7.88 Lakh | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• |
| Assets and Liabilities | ||||
| Partners' Contribution | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Thinkpower Solar Energy LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 0.5% | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Thinkpower Solar Energy are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Thinkpower Solar Energy LLP
Thinkpower Solar Energy has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navinkumar Parsottom Maheshwari | Designated Partner | 11 Jun 2019 | 7 Years 4 Months | Current |
| Vidhi Riteshkumar Parikh | Designated Partner | 11 Jun 2019 | 7 Years 4 Months | Current |
Ownership and Shareholding of Thinkpower Solar Energy LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Thinkpower Solar Energy LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2023 | Kotak Mahindra Bank Limited | ₹60 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Thinkpower Solar Energy LLP
Employment history and EPFO contributions of people linked to Thinkpower Solar Energy.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Thinkpower Solar Energy LLP
Thinkpower Solar Energy LLP has 2 designated partner changes on record since 2019: 2 appointments. The latest: Navinkumar Parsottom Maheshwari was appointed as Designated Partner on 11 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Thinkpower Solar Energy LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Thinkpower Solar Energy LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Thinkpower Solar Energy LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Thinkpower Solar Energy LLP
Thinkpower Solar Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPFT1690J1ZR | Gujarat | Active | 28 Jun 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Thinkpower Solar Energy LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Thinkpower Solar Energy LLP
Thinkpower Solar Energy is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 11 June 2019 (7+ years old) and is registered under LLPIN AAP-5742.
Thinkpower Solar Energy reported revenue of ₹14.46 Cr for FY 2023 (up 52% YoY).
Thinkpower Solar Energy has 2 current designated partners:
- Navinkumar Parsottom Maheshwari - Designated Partner
- Vidhi Riteshkumar Parikh - Designated Partner
Thinkpower Solar Energy reported a net profit of ₹7.88 Lakh (net margin 0.5%) and EBITDA of ₹51.95 Lakh (EBITDA margin 3.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thinkpower Solar Energy is 95% over three years. In the latest year (FY 2023) revenue rose 52%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thinkpower Solar Energy is 24AAPFT1690J1ZR, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Thinkpower Solar Energy is AAP-5742. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Thinkpower Solar Energy was incorporated on 11 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Navinkumar Parsottom Maheshwari was appointed as Designated Partner on 11 Jun 2019. Vidhi Riteshkumar Parikh was appointed as Designated Partner on 11 Jun 2019.
The registered office of Thinkpower Solar Energy is at C – 105 Titenium Square Nr. Bmw Showroom Thaltej Chokdi Thalte, J, Ahmedabad, Gujarat, India – 380054.