
About Walwhan Solar RJ Limited
Data last updated:
Walwhan Solar RJ Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Walwhan Renewable Energy Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 13 February 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2011PLC213470. Its GSTIN is 08AABCW0645F1ZI (Rajasthan). The company held 4 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.5 Cr. It was formerly known as Walwhan Solar Rj Private Limited and Welspun Solar Up Private Limited. It was led by directors including Ashwinikumar Ganpatrao Patil and Bipin Narayan Kulkarni.
Its last annual general meeting (AGM) was held on 09 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.71 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹49.22 Lakh (net margin 10.5%) and EBITDA of ₹3.3 Cr (EBITDA margin 70.2%).
As per MCA filings, the company had open charges of ₹13.51 Cr and satisfied charges of ₹1,059.58 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is tatapower.com.
Company details
Name history
Walwhan Solar RJ has undergone 2 name changes throughout its history. The company was previously known as Walwhan Solar Rj Private Limited, and Welspun Solar Up Private Limited. The current legal name is Walwhan Solar Rj Limited.
| Company Name | Status |
|---|---|
| Walwhan Solar RJ Limited | Current |
| Walwhan Solar Rj Private Limited | Previous |
| Welspun Solar Up Private Limited | Previous |
CIN history
Walwhan Solar RJ has one previous CIN (Corporate Identification Number): U40300MH2011PTC213470. The current CIN is U40300MH2011PLC213470, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300MH2011PLC213470 | Current |
| U40300MH2011PTC213470 | Previous |
Contact details
Walwhan Solar RJ Limited's registered office is in Mumbai, Maharashtra. Its website is tatapower.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC/O The Tata Power Company Limited Corporate Center B 34 Sant Tukaram Road Carnac B, Under, Mumbai, Maharashtra, India – 400009
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Walwhan Solar RJ 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 Walwhan Solar RJ 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 Walwhan Solar RJ Limited, buy the company report.
Financials of Walwhan Solar RJ Limited
FY 2024 filings availableWalwhan Solar RJ Limited reported revenue of ₹4.71 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year. EBITDA fell 4% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.3 Cr | ||||
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| Net Profit (PAT) | ₹49.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 70.2% | ||||
| Net Profit Margin | 10.5% | ||||
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To see the full financial statements and ratios of Walwhan Solar RJ Limited, buy the company report.
Board of directors of Walwhan Solar RJ Limited
Walwhan Solar RJ has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwinikumar Ganpatrao Patil | Director | 30 Mar 2022 | 4 Years 7 Months | As last reported |
| Bipin Narayan Kulkarni | Director | 24 Jun 2022 | 4 Years 4 Months | As last reported |
| Kaushik Sanyal | Director | 28 Apr 2023 | 3 Years 6 Months | As last reported |
Auditor
Walwhan Solar RJ Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Walwhan Solar RJ 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 Walwhan Solar RJ Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2016 | 100102934 | Others | ₹27 Cr | Satisfied | |
| 06 May 2016 | 100029690 | Idbi Trusteeship Services Limited | ₹1,000 Cr | Satisfied | |
| 31 Oct 2014 | 10532530 | Central Bank of India | ₹31.08 Cr | Satisfied | |
| 01 Apr 2014 | 10507144 | Indusind Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Walwhan Solar RJ Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Walwhan Solar RJ Limited has 2 court cases on record: 2 filed by Walwhan Solar RJ. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Walwhan Solar RJ 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 Walwhan Solar RJ Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Walwhan Solar RJ has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCW0645F1ZI | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Walwhan Solar RJ Limited, buy the company report.
Recent activity
Walwhan Solar RJ Limited has 35 board changes on record since 2011: 19 appointments and 16 cessations. The latest: Satish Ramesh Bhat ceased to be Director on 30 Apr 2023.
36 earlier events are in the company report.
Frequently asked questions
Walwhan Solar RJ 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.
Walwhan Solar RJ was a public limited company based in Mumbai, Maharashtra, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 13 February 2011 and is registered under CIN U40300MH2011PLC213470. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Walwhan Solar RJ was incorporated on 13 February 2011. It is registered with the Registrar of Companies, Mumbai.
Walwhan Solar RJ had 3 directors:
- Ashwinikumar Ganpatrao Patil - Director
- Bipin Narayan Kulkarni - Director
- Kaushik Sanyal - Director
The CIN (Corporate Identification Number) of Walwhan Solar RJ is U40300MH2011PLC213470. 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 Walwhan Solar RJ is at CO The Tata Power Company Limited Corporate Center B 34 Sant Tukaram Road Carnac B, Under, Mumbai, Maharashtra, India – 400009.
Walwhan Solar RJ can be reached through the website tatapower.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Walwhan Solar RJ on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 09 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Walwhan Solar RJ is 08AABCW0645F1ZI, registered in Rajasthan. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
Walwhan Solar RJ operated in the environment industry, in the solar energy solutions segment.

