Azure Solar Private Limited

Solar energy generation and infrastructure development company, established in 2010.

2010 | Delhi (India) | Active
Last Updated: October 24, 2024

Azure Solar Profile

Key Indicators

  • Authorised Capital ₹ 1.42 Cr
  • Paid Up Capital ₹ 1.18 Cr
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 255.00 Cr
  • Satisfied Charges ₹ 633.40 Cr
  • Revenue Growth 3.43%
  • Profit Growth 75.10%
  • Ebitda 0.69%
  • Net Worth 110.02%
  • Total Assets 1.75%

About Azure Solar

Azure Solar Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 October 2010 and has a history of 14 years and three months. Its registered office is in Delhi, India.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.42 Cr and a paid-up capital of Rs 1.18 Cr.

The company currently has active open charges totaling ₹255.00 Cr. The company has closed loans amounting to ₹633.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kapil Sharma and Vikrant Mahajan serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40106DL2010PTC209414

  • Company No.

    209414

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 2010

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Environment

Who are the key members and board of directors at Azure Solar?

Board Members (2)

Name Designation Appointment Date Status
Kapil Sharma Country flag representing In Director 02-Aug-2022 Current
Vikrant Mahajan Director 03-Sep-2024 Current

Financial Performance of Azure Solar.

Azure Solar Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.43% increase. The company also saw a substantial improvement in profitability, with a 75.1% increase in profit. The company's net worth Soared by an impressive increase of 110.02%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
3.43%
Revenue from Operations
1.74%
Total Assets
1.75%
Profit or Loss
75.10%
Net Worth
110.02%
EBITDA
0.69%

What is the Ownership and Shareholding Structure of Azure Solar?

In 2023, Azure Solar had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹255.00 Cr

Satisfied Charges

₹633.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 255.00 Cr

Latest Charge Details

Date Lender Amount Status
18 Sep 2021 Others ₹255.00 Cr Open
02 Jul 2020 Others ₹283.00 Cr Satisfied
11 Sep 2012 Deutsche Bank Trust Company Americas ₹350.40 Cr Satisfied

How Many Employees Work at Azure Solar?

Azure Solar has a workforce of 17 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Azure Solar, 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 Azure Solar's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Azure Solar

Recent activity within the organization

  • Annual General Meeting

    Azure Solar Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Director Appointment

    Vikrant Krishan Mahajan was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 4 months 30 days .

    03 Sep 2024

  • Balance Sheet

    Azure Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Kapil Sharma was appointed as a Director was appointed as a Director on 02 Aug 2022 & has been associated with this company since 2 years 6 months .

    02 Aug 2022

  • Charges

    A charge with Others of Rs. 255.00 Cr registered on 18 Sep 2021 with Charge ID 100484314 was modified on 21 Jun 2022.

    21 Jun 2022

  • Charges

    A charge registered on 02 Jul 2020 via Charge ID 100352273 with Others was fully satisfied on 26 Nov 2021.

    26 Nov 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Azure Solar Private Limited was incorporated on 18 Oct 2010.

  • The authorized share capital of Azure Solar Private Limited is ₹ 1.42 Cr and paid-up capital is ₹ 1.18 Cr.

  • Currently 2 directors are associated with Azure Solar Private Limited.

    • Kapil Sharma
    • Vikrant Krishan Mahajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Azure Solar Private Limited is Dsc-304 Second Floor, Dlf South Court Saket District Centre India, New Delhi, 110017.

  • The corporate identification number (CIN) of Azure Solar Private Limited is U40106DL2010PTC209414 and the company number is 209414 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Azure Solar Private Limited is https://www.azurepower.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Azure Solar Private Limited has risen by 3.43%.

  • As Per 2023 financial reports, 17 employees are currently employed by Azure Solar Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Azure Solar Private Limited has experienced an upsurge of 110.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Azure Solar Private Limited amount to ₹ 255.00 Cr.

  • The most recent Balance Sheet for Azure Solar Private Limited was filed with the ROC on 31 Mar 2024.

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