Torp Solar Asset Private Limited
About Torp Solar Asset Private Limited
Data last updated:
Torp Solar Asset Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the home appliances segment of the electronics sector. It was incorporated on 06 August 2020.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U29309PN2020PTC209145. Its GSTIN is 27AAICT0183A1ZN (Maharashtra).
The company had an authorised share capital of ₹4.28 Cr and a paid-up capital of ₹4.28 Cr. It was led by directors including Nitin Kumar Saxena and Leng Diana.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 3rd Floor Unit #302 Go Square Wing A Wakad Road Kaspate Wasti Wakad Pimpri Chinchwad, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2022, the company reported a revenue of ₹95.1 Lakh. For the same year it recorded a net loss of ₹34.24 Lakh (net margin -36%) and EBITDA of ₹80.45 Lakh (EBITDA margin 84.6%).
Company details
CIN history
Torp Solar Asset has one previous CIN (Corporate Identification Number): U29309TN2020PTC136934. The current CIN is U29309PN2020PTC209145, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29309PN2020PTC209145 | Current |
| U29309TN2020PTC136934 | Previous |
Contact details
Torp Solar Asset Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address3rd Floor Unit #302 Go Square Wing A Wakad Road Kaspate Wasti Wakad Pimpri Chinchwad, Pune, Maharashtra, India – 411057
- IndustryElectrnoics, Home Appliance, Manufacturing
To see the full contact details of Torp Solar Asset 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 Torp Solar Asset 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 Torp Solar Asset Private Limited, buy the company report.
Financials of Torp Solar Asset Private Limited
FY 2022 filings availableTorp Solar Asset Private Limited reported revenue of ₹95.1 Lakh for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹95.1 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹80.45 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹34.24 Lakh | |
| 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 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 84.6% | |
| Net Profit Margin | -36% | |
| 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 Torp Solar Asset Private Limited, buy the company report.
Board of directors of Torp Solar Asset Private Limited
Torp Solar Asset has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Kumar Saxena Also directs: Ellora Capital LLP, Elloracap Partners Advisory LLP, Zion International Food Ingredients Private Limited and 2 more | Director | 03 Feb 2021 | 5 Years 9 Months | As last reported |
| Leng Diana | Director | 09 Dec 2022 | 3 Years 10 Months | As last reported |
| Indrajeet Prakash Dudile Also directs: Sunshot Technologies LLP, Becis Solar 1 Private Limited, Becis Solar 2 Private Limited and 1 more | Director | 22 Feb 2022 | 4 Years 8 Months | As last reported |
| Mehmet Eren Ergin | Director | 28 Mar 2022 | 4 Years 7 Months | As last reported |
| Rahul Dasari Also directs: Sunshot Technologies LLP, Becis Solar 3 Private Limited | Director | 03 Feb 2021 | 5 Years 9 Months | As last reported |
Peer comparison
Torp Solar Asset Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Skag Solar Urja Private Limited | ₹95.16 Lakh (FY 2025) | 4.0% | Nainital, Uttarakhand, India | |||
| Torp Solar Asset Private Limitedthis company | ₹95.1 Lakh (FY 2022) | -₹34.24 Lakh | -36% | Pune, Maharashtra, India | ||
| Mullai Renewables Private Limited | ₹93.98 Lakh (FY 2025) | 1508.0% | Delhi, India | |||
| Avaada Bankabihar Private Limited | ₹93.4 Lakh (FY 2025) | 10.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Torp Solar Asset Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Torp Solar Asset 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 Torp Solar Asset Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Torp Solar Asset Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Torp Solar Asset has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICT0183A1ZN | Maharashtra | Active | 07 Jul 2021 |
To see the full GST registrations and return filing status of Torp Solar Asset Private Limited, buy the company report.
Recent activity
Torp Solar Asset Private Limited has 13 board changes on record since 2021: 5 appointments and 8 cessations. The latest: Leng Diana was appointed as Director on 09 Dec 2022.
4 earlier events are in the company report.
Frequently asked questions
Torp Solar Asset has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Torp Solar Asset was a private limited company based in Pune, Maharashtra, India. The company worked in home appliance, within the electronics industry. It was incorporated on 06 August 2020 and is registered under CIN U29309PN2020PTC209145. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Torp Solar Asset was incorporated on 06 August 2020. It is registered with the Registrar of Companies, Pune.
Torp Solar Asset had 5 directors:
- Nitin Kumar Saxena - Director
- Leng Diana - Director
- Indrajeet Prakash Dudile - Director
- Mehmet Eren Ergin - Director
- Rahul Dasari - Director
The CIN (Corporate Identification Number) of Torp Solar Asset is U29309PN2020PTC209145. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Torp Solar Asset is at 3rd Floor Unit #302 Go Square Wing A Wakad Road Kaspate Wasti Wakad Pimpri Chinchwad, Pune, Maharashtra, India – 411057.
The latest financial statements of Torp Solar Asset on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Torp Solar Asset is 27AAICT0183A1ZN, registered in Maharashtra.
Torp Solar Asset operated in the electronics industry, in the home appliance segment.
The peers of Torp Solar Asset by revenue are Skag Solar Urja Private Limited, Mullai Renewables Private Limited, Avaada Bankabihar Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Leng Diana was appointed as Director on 09 Dec 2022. Indrajeet Prakash Dudile ceased to be Additional Director on 30 Sep 2022. Mehmet Eren Ergin ceased to be Additional Director on 30 Sep 2022. Torp Solar Asset has 13 board changes on record in total.
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