
Vatsala Bellary Solar Project Private Limited
About Vatsala Bellary Solar Project Private Limited
Data last updated:
Vatsala Bellary Solar Project Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Vatsala Renewables Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 17 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2017PTC294945. Its GSTIN is 27AAFCV9217J1ZW (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anju Rajeev Mehrotra and Ramesh Annasaheb Patil.
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 Satyam Harmony Ground Floor Office No. – 09 Plot No – 29, Sector – 9 Koparkhairane Thane Navi Mumbai – 400709, Maharashtra, India – 400709.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.41 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹18.98 Lakh (net margin -7.9%) and EBITDA of ₹1.49 Cr (EBITDA margin 61.8%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 9% over five years.
Court records list 5 cases involving the company, including 5 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vatsala Bellary Solar Project Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSatyam Harmony Ground Floor Office No. – 09 Plot No – 29, Sector – 9 Koparkhairane Thane Navi Mumbai – 400709, Maharashtra, India – 400709
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Vatsala Bellary Solar Project 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 Vatsala Bellary Solar Project 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 Vatsala Bellary Solar Project Private Limited, buy the company report.
Financials of Vatsala Bellary Solar Project Private Limited
FY 2025 filings availableVatsala Bellary Solar Project Private Limited reported revenue of ₹2.41 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. 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 | ₹1.49 Cr | ||||
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| Net Profit (PAT) | -₹18.98 Lakh | ||||
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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 | 61.8% | ||||
| Net Profit Margin | -7.9% | ||||
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To see the full financial statements and ratios of Vatsala Bellary Solar Project Private Limited, buy the company report.
Board of directors of Vatsala Bellary Solar Project Private Limited
Vatsala Bellary Solar Project has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anju Rajeev Mehrotra | Director | 23 Apr 2019 | 7 Years 6 Months | Current |
| Ramesh Annasaheb Patil Also directs: Vatsala Eco Homes Builders LLP, Vatsala Polymers India Private Limited, Vatsala Dhebewadi Greenergy Private Limited and 5 more | Director | 17 May 2017 | 9 Years 5 Months | Current |
| Bharati Patil Ravikant Also directs: Vatsala Eco Homes Builders LLP, Vatsala Polymers India Private Limited, Vatsala Dhebewadi Greenergy Private Limited and 5 more | Director | 17 May 2017 | 9 Years 5 Months | Current |
Auditor
Vatsala Bellary Solar Project Private Limited is audited by Sawant and Kadrekar Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sawant and Kadrekar Chartered Accountants | FY 2023 | 109371S |
Shareholding
The shareholding of Vatsala Bellary Solar Project Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vatsala Bellary Solar Project Private Limited, buy the company report.
Legal cases
Vatsala Bellary Solar Project Private Limited has 5 court cases on record: 5 filed by Vatsala Bellary Solar Project. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Bangalore Electricity Supply Company Limited and 1 other | Disposed |
| District court, BALLARI, Karnataka | Court case (R.A.) | Filed by the company against an individual | Disposed |
| District court, VIJAYANAGAR, Karnataka | Court case (R.A.) | Filed by the company against an individual | Disposed |
| District court, BALLARI, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| District court, VIJAYANAGAR, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Vatsala Bellary Solar Project 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 Vatsala Bellary Solar Project Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vatsala Bellary Solar Project has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV9217J1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vatsala Bellary Solar Project Private Limited, buy the company report.
Recent activity
Vatsala Bellary Solar Project Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Anju Rajeev Mehrotra ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Vatsala Bellary Solar Project is an active private limited company based in Thane, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 17 May 2017 (9+ years old) and is registered under CIN U40300MH2017PTC294945.
Vatsala Bellary Solar Project has 3 current directors:
- Anju Rajeev Mehrotra - Director
- Ramesh Annasaheb Patil - Director
- Bharati Patil Ravikant - Director
The latest financial statements of Vatsala Bellary Solar Project 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 2018 are in the company report.
The GSTIN of Vatsala Bellary Solar Project is 27AAFCV9217J1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vatsala Bellary Solar Project is U40300MH2017PTC294945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vatsala Bellary Solar Project has 5 court cases on record: 5 filed by the company. Most are in the district courts.
Vatsala Bellary Solar Project was incorporated on 17 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Anju Rajeev Mehrotra ceased to be Additional Director on 30 Sep 2019. Vatsala Annasaheb Patil ceased to be Director on 25 Apr 2019. Anju Rajeev Mehrotra was appointed as Director on 23 Apr 2019. Vatsala Bellary Solar Project has 5 board changes on record in total.
The registered office of Vatsala Bellary Solar Project is at Satyam Harmony Ground Floor Office No. – 09 Plot No – 29, Sector – 9 Koparkhairane Thane Navi Mumbai – 400709, Maharashtra, India – 400709.
Vatsala Bellary Solar Project operates in the environment industry, in the solar energy solutions segment.

