MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-14-0054215
Vimal Solar Private Limited - environment in Bhusawal, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹73.87 Lakh
▲ 200% YoY
Net profit · FY 2024
₹39
Net margin 0%
EBITDA · FY 2024
₹27,036
EBITDA margin 0.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹5 Lakh
No open charges
Company age
13 yrs
Est. 2013
Directors on board
6
As per MCA filings
About Vimal Solar Private Limited
Data last updated:
Vimal Solar Private Limited is a private limited company based in Bhusawal, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 30 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29221MH2013PTC247712. Its GSTIN is 27AAECV6100F1ZM (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 Ravilal Rasiklal Patel and Mahesh Gyanchand Wadhwani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 9 Bijlee Housing Society Anand Nagar, Bhusawal, Maharashtra, India – 425201.
As per the financials filed for FY 2024, the company reported a revenue of ₹73.87 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹39 (net margin 0%) and EBITDA of ₹27,036 (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 53% over five years.
The company is associated with 1 brand: Vimal Solar. As per MCA filings, the company has satisfied charges of ₹5 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Vimal Solar Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-14-0054215). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vimalsolar.com.
Company Details of Vimal Solar Private Limited
CIN U29221MH2013PTC247712
Registration Number 247712
Incorporation Date 30 August 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-14-0054215
Key People
Ravilal Rasiklal Patel Director Shivprasad Rajendra Borse Additional Director Mahesh Gyanchand Wadhwani Director Recognitions & Rankings of Vimal Solar
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address9 Bijlee Housing Society Anand Nagar, Bhusawal, Maharashtra, India – 425201
- IndustryEnvironment, Solar Energy Solutions
Comprehensive company report
Vimal Solar Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Vimal Solar Private Limited
Vimal Solar operates one associated brand: Vimal Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers solar energy solutions through consulting, EPC, loans, and asset management. | vimalsolar.com |
Business Activity of Vimal Solar Private Limited
The main business activity of Vimal Solar is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vimal Solar Private Limited FY 2024 filings available
Vimal Solar Private Limited reported revenue of ₹73.87 Lakh (up 200% YoY) for FY 2024.
Revenue · FY 2024
₹73.87 Lakh ▲ 200%
Net profit · FY 2024
₹39 margin 0%
EBITDA · FY 2024
₹27,036 margin 0.4%
Compounded Annual Growth Rate (CAGR) of Vimal Solar Private Limited
Revenue CAGR growth
1 year
▲ 200%
3 years · compounded
▲ 73%
5 years · compounded
▲ 53%
EBITDA CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 15%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 200% growth in the latest year. EBITDA fell 48% 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 Vimal Solar Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹27,036 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹39 | •••• | •••• | •••• | •••• |
| 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 of Vimal Solar Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vimal Solar are in the company report.
Premium access
Financial statements from 2015
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.
Board of Directors of Vimal Solar Private Limited
Vimal Solar has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravilal Rasiklal Patel Also directs: Hari Hara Serenity Chemical LLP, Eurogreen Industries Private Limited, Eco Global Cropcare Private Limited and 3 more | Director | 19 Mar 2025 | 1 Years 7 Months | Current |
| Shivprasad Rajendra Borse | Additional Director | 13 Sep 2023 | 3 Years 1 Months | Current |
| Mahesh Gyanchand Wadhwani | Director | 19 Mar 2025 | 1 Years 7 Months | Current |
| Girish Gyanchand Wadhawani | Director | 19 Mar 2025 | 1 Years 7 Months | Current |
| Prakash Nivrutti Patil | Director | 02 Jun 2025 | 1 Years 4 Months | Current |
| Mayank Manohar Wadhwani Also directs: Eurogreen Industries Private Limited | Director | 19 Mar 2025 | 1 Years 7 Months | Current |
Peer Comparison of Vimal Solar Private Limited
Vimal Solar Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rama Reflection India Pali Two Private Limited | ₹75.65 Lakh (FY 2025) | •••• | •••• | •••• | Faridkot, Punjab, India | |
| Tecniqa Green Venture Private Limited | ₹75.02 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Gurgaon, Haryana, India |
| Raav Solar Private Limited | ₹74.89 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Delhi, India |
| Pinak Power Associates (OPC) Private Limited | ₹74.3 Lakh (FY 2017) | •••• | •••• | •••• | Hisar, Haryana, India | |
| FP Kratos Private Limited | ₹73.97 Lakh (FY 2025) | •••• | •••• | 24.0% | •••• | Hyderabad, Telangana, India |
| Vimal Solar Private Limited this company | ₹73.87 Lakh (FY 2024) | •••• | •••• | 200.0% | •••• | Bhusawal, Maharashtra, India |
| Optimistic Green Energy Three Private Limited | ₹73.68 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | S A S Nagar, Punjab, India |
| Singe Solar Energy Private Limited | ₹73.64 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Sadashivnagar, Karnataka, India |
| Truere Up 2 Private Limited | ₹73.4 Lakh (FY 2025) | •••• | •••• | 244567.0% | •••• | Dadri, Uttar Pradesh, India |
| Bold Sky Energy Private Limited | ₹72.85 Lakh (FY 2025) | •••• | •••• | 199.0% | •••• | Chemmappilly, Kerala, India |
| Uttrakhand Soar Solar Private Limited | ₹72.24 Lakh (FY 2025) | •••• | •••• | •••• | Pithoragarh, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Vimal Solar by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vimal Solar Private Limited
Vimal Solar Private Limited is audited by DIPAK ATRAWALKAR & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DIPAK ATRAWALKAR & CO | Locked | Locked | Locked |
Premium access
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Vimal Solar Private Limited
Premium access
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 Vimal Solar Private Limited
Open charges
None
Satisfied charges
₹5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Mar 2020 | Others | ₹5 Lakh | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Vimal Solar Private Limited
Vimal Solar Private Limited has 1 court case on record: 1 filed by Vimal Solar. All case is pending. Status as checked on 02 Oct 2026.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Pending |
Premium access
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Vimal Solar Private Limited
Employment history and EPFO contributions of people linked to Vimal Solar.
Premium access
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 Vimal Solar Private Limited
Vimal Solar Private Limited has 8 board changes on record since 2023: 6 appointments and 2 cessations. The latest: Prakash Nivrutti Patil was appointed as Director on 02 Jun 2025.
Appointed
Prakash Nivrutti Patil was appointed as Director.
Ceased
Radha Rajendra Borse ceased to be Director.
Appointed
Girish Gyanchand Wadhawani was appointed as Director.
Appointed
Mahesh Gyanchand Wadhwani was appointed as Director.
Appointed
Mayank Manohar Wadhwani was appointed as Director.
Appointed
Ravilal Rasiklal Patel was appointed as Director.
AGM
Vimal Solar Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vimal Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 06 Mar 2020 via Charge ID 100334355 with Others was fully satisfied on 18 Oct 2023.
Ceased
Rajendra Panditrao Borse ceased to be Managing Director.
Appointed
Shivprasad Rajendra Borse was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 5.00 Lakh with Charge ID 100334355 was registered on 06 Mar 2020.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vimal Solar Private Limited
Premium access
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 Vimal Solar Private Limited
Premium access
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 Vimal Solar Private Limited
Premium access
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 Vimal Solar Private Limited
Vimal Solar has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV6100F1ZM | Maharashtra | Active | 15 Aug 2017 |
Premium access
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 Vimal Solar Private Limited
Premium access
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 Vimal Solar Private Limited
Vimal Solar is an active private limited company based in Bhusawal, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 30 August 2013 (13+ years old) and is registered under CIN U29221MH2013PTC247712.
Vimal Solar reported revenue of ₹73.87 Lakh for FY 2024 (up 200% YoY).
Vimal Solar has 6 current directors:
- Ravilal Rasiklal Patel - Director
- Shivprasad Rajendra Borse - Additional Director
- Mahesh Gyanchand Wadhwani - Director
- Girish Gyanchand Wadhawani - Director
- Prakash Nivrutti Patil - Director
- Mayank Manohar Wadhwani - Director
Vimal Solar reported a net profit of ₹39 (net margin 0%) and EBITDA of ₹27,036 (EBITDA margin 0.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vimal Solar is 73% over three years and 53% over five years. In the latest year (FY 2024) revenue rose 200%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vimal Solar is 27AAECV6100F1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vimal Solar is U29221MH2013PTC247712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vimal Solar has 1 court case on record: 1 filed by the company. 1 is pending.
Vimal Solar was incorporated on 30 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vimal Solar by revenue are Rama Reflection India Pali Two Private Limited, Tecniqa Green Venture Private Limited, Raav Solar Private Limited, Pinak Power Associates (OPC) Private Limited, FP Kratos Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Prakash Nivrutti Patil was appointed as Director on 02 Jun 2025. Radha Rajendra Borse ceased to be Director on 31 May 2025. Girish Gyanchand Wadhawani was appointed as Director on 19 Mar 2025. Vimal Solar has 8 board changes on record in total.