Thrive Solar Energy Private Limited - Company Profile

It is a energy and power private limited company based in Hyderabad, Telangana, India, established in 2007.

2007 Hyderabad, Telangana, India Under Liquidation

Last Updated: July 25, 2025

About Thrive Solar Energy Private Limited

Thrive Solar Energy Private Limited, a under liquidation private limited company, was established on 24 February 2007 in Hyderabad, Telangana, India. Engaging in power equipment manufacturers within the energy and power sector, it holds CIN: U72200TG2007PTC052954. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.18 Cr.

Formerly known as Thrive Energy Technologies Private Limited. It upholds a active non-compliant status. Employing 63 professional, Its leadership includes Banda Lal Korra (Director), Ranganayakulu Bodavala (Managing Director). Past directors included Dhanumjaya Kadiyala, Somepalli Satish, John William Myle. It holds ₹27.22 Cr open charges and ₹5.84 Cr settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at Pno-38/B,Part,Ida Phase-1 Cherlapally, Hyderabad, Telangana, 500051.

Company Details

CIN/LLPIN
U72200TG2007PTC052954
Registration Number
052954
Incorporation Date
24 February 2007
Authorized Capital
₹2.00 Cr
Paid-Up Capital
₹1.18 Cr
ROC Code
Roc Hyderabad
Listing Status
Unlisted
Company Status
Under Liquidation

Key Metrics

Authorised Capital ₹ 2.00 Cr as on 25-07-2025
Paid Up Capital ₹ 1.18 Cr as on 25-07-2025
Company Age 18 Year, 11 Months
Last Filing with ROC 31 Mar 2018
Open Charges ₹ 27.22 Cr as on 25-07-2025
Satisfied Charges ₹ 5.84 Cr as on 25-07-2025
Revenue Growth **** -92.49% (FY 2018)
Profit Growth **** 55.83% (FY 2018)
Ebitda **** 49.02% (FY 2018)
Net Worth -106.03% (FY 2018)
Total Assets -47.37% (FY 2018)

Comprehensive Company Insights

Explore comprehensive insights into Thrive Solar Energy Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Thrive Solar Energy Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Banda Lal Korra	Director	08 Jun 2018	Current
Ranganayakulu Bodavala	Managing Director	24 Feb 2007	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	12 Dec 2015	Past
Pramod Abcsdd	Director	01 Dec 2007	Past
Pramod Abcsdd	Director	08 Jun 2018	Past
Pramod Abcsdd	Director	01 Feb 2016	Past
Pramod Abcsdd	Director	10 Nov 2007	Past
Pramod Abcsdd	Additional Director	14 Dec 2017	Past

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Financial Performance of Thrive Solar Energy.

Thrive Solar Energy Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 92.49% decrease. The company also saw a substantial improvement in profitability, with a 55.83% increase in profit. The company's net worth observed a substantial decline by a decrease of 106.03%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-92.49%

*******

Revenue from Operations

*******

-92.48%

*******

Total Assets

*******

-47.37%

*******

Profit or Loss

*******

55.83%

*******

Net Worth

*******

-106.03%

*******

EBITDA

*******

49.02%

*******

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What is the Ownership and Shareholding Structure of Thrive Solar Energy?

In 2018, Thrive Solar Energy had a promoter holding of 26.47% and a public holding of 73.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹272,200,000.00

Satisfied Charges

₹58,389,000.00

Charges Breakdown by Lending Institutions

State Bank Of Hyderabad : 23.22 Cr
Maanaveeya Development & Finance Private Limited : 4.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 Feb 2015	Maanaveeya Development & Finance Private Limited	₹4.00 Cr	Open
28 Jan 2013	State Bank Of Hyderabad	₹23.22 Cr	Open
09 Oct 2009	The Catholic Syrian Bank	₹5.84 Cr	Satisfied

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How Many Employees Work at Thrive Solar Energy?

Thrive Solar Energy has a workforce of 63 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Thrive Solar Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Thrive Solar Energy's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Thrive Solar Energy

Recent Activity within the Organization

Annual General Meeting

Thrive Solar Energy Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was recorded as a recent event.
29 Sep 2018
Director Appointment

Progress on Banda Lal Korra was appointed as a Director was appointed as a Director on 08 Jun 2018 & has been associated with this company since 7 years 8 months . was documented.
08 Jun 2018
Balance Sheet

Thrive Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Hyderabad. was recorded as a recent event.
31 Mar 2018
Charges

Progress on A charge with State Bank Of Hyderabad of Rs. 23.22 Cr registered on 28 Jan 2013 with Charge ID 10405451 was modified on 31 Mar 2015. was documented.
31 Mar 2015
Charges

Progress on A charge with Maanaveeya Development & Finance Private Limited amounted to Rs. 4.00 Cr with Charge ID 10566995 was registered on 17 Feb 2015. was documented.
17 Feb 2015
Charges

Progress on A charge registered on 09 Oct 2009 via Charge ID 10183274 with The Catholic Syrian Bank was fully satisfied on 29 Jan 2013. was documented.
29 Jan 2013

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Frequently Asked Questions

What is the CIN of Thrive Solar Energy Private Limited?

The CIN of Thrive Solar Energy Private Limited is U72200TG2007PTC052954.

Where is Thrive Solar Energy Private Limited headquartered?

Thrive Solar Energy Private Limited is headquartered at Pno-38/B,Part,Ida Phase-1 Cherlapally, Hyderabad, Telangana, 500051.

When was Thrive Solar Energy Private Limited incorporated?

Thrive Solar Energy Private Limited was incorporated on 24 February 2007.

Who are the current directors of Thrive Solar Energy Private Limited?

The current directors of Thrive Solar Energy Private Limited are

What is the primary industry of Thrive Solar Energy Private Limited?

The primary industry of Thrive Solar Energy Private Limited is Energy And Power.

Is Thrive Solar Energy Private Limited a listed company?

Thrive Solar Energy Private Limited is unlisted.

What is the capital structure of Thrive Solar Energy Private Limited?

The authorized capital of Thrive Solar Energy Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.18 Cr.

What is the compliance status of Thrive Solar Energy Private Limited?

The compliance status of Thrive Solar Energy Private Limited is Active Non-Compliant.

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