B & G Solar Private Limited

Produces and distributes solar power through rooftop and small-scale solar plants in Tamil Nadu.

2010 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

B & G Solar Profile

Key Indicators

  • Authorised Capital ₹ 5.25 Cr
  • Paid Up Capital ₹ 4.55 Cr
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.91 Cr
  • Satisfied Charges ₹ 13.97 Cr
  • Revenue Growth 36.30%
  • Profit Growth 96.89%
  • Ebitda 13.03%
  • Net Worth -16.70%
  • Total Assets -3.41%

About B & G Solar

B & G Solar Private Limited (BGSPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 April 2010 and has a history of 14 years and nine months. Its registered office is in Chennai, Tamil Nadu, 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 5.25 Cr and a paid-up capital of Rs 4.55 Cr.

The company currently has active open charges totaling ₹7.91 Cr. The company has closed loans amounting to ₹13.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at B & G Solar Private Limited India is Radhika Ramesh as COMPANY SECRETARY. Shamantha Reddy, Akshaya Pradhan, Siddhanth Reddy, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bginfra.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U93000TN2010PTC075502

  • Company No.

    075502

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 2010

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Environment

Who are the key members and board of directors at B & G Solar?

Executive Team (2)

NameDesignationAppointment DateStatus
Shamantha Reddy Country flag representing In Managing Director01-Nov-2021Current
Radhika Ramesh Company Secretary07-Nov-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Akshaya Pradhan Country flag representing In Director 13-Nov-2021Current
Siddhanth Reddy Country flag representing In Director 01-Nov-2021Current
Aneesh Reddy Country flag representing In Director 27-Apr-2023Current

Financial Performance of B & G Solar.

B & G Solar Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.3% increase. The company also saw a substantial improvement in profitability, with a 96.89% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.7%.

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
36.30%
Revenue from Operations
37.15%
Total Assets
-3.41%
Profit or Loss
96.89%
Net Worth
-16.70%
EBITDA
13.03%

What is the Ownership and Shareholding Structure of B & G Solar?

In 2021, B & G Solar had a promoter holding of 95.77% and a public holding of 4.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.91 Cr

Satisfied Charges

₹13.97 Cr

Charges Breakdown by Lending Institutions

  • Others : 7.91 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jun 2024Others₹7.70 CrOpen
20 Dec 2021Others₹2.10 MOpen
28 Jul 2020Indian Overseas Bank₹3.38 MSatisfied
19 May 2011Indian Overseas Bank₹13.63 CrSatisfied

How Many Employees Work at B & G Solar?

B & G Solar has a workforce of 0 employees as of May 04, 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 B & G 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 B & G 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 B & G Solar

Recent activity within the organization

  • Director Appointment

    Radhika Ramesh was appointed as a Company Secretary was appointed as a Company Secretary on 07 Nov 2024 & has been associated with this company since 3 months 17 days .

    07 Nov 2024

  • Annual General Meeting

    B & G Solar Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 7.70 Cr with Charge ID 100949665 was registered on 26 Jun 2024.

    26 Jun 2024

  • Balance Sheet

    B & G Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Aneesh Bakthavatsalam Reddy was appointed as a Director was appointed as a Director on 27 Apr 2023 & has been associated with this company since 1 year 9 months .

    27 Apr 2023

  • Charges

    A charge with Others amounted to Rs. 0.21 Cr with Charge ID 100530653 was registered on 20 Dec 2021.

    20 Dec 2021

Frequently asked questions

  • B & G Solar Private Limited was incorporated on 27 Apr 2010.

  • The authorized share capital of B & G Solar Private Limited is ₹ 5.25 Cr and paid-up capital is ₹ 4.55 Cr.

  • Currently 5 directors are associated with B & G Solar Private Limited.

    • Shamantha Kasi Reddy
    • Akshaya Kumar Pradhan
    • Siddhanth Bakthavatsalam Reddy
    • Aneesh Bakthavatsalam Reddy
    • Radhika Ramesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of B & G Solar Private Limited is Old No 10 New 25 Sir Madhavan Nair Road, Mahalingapuram India, Chennai, Tamil Nadu, 600034.

  • The corporate identification number (CIN) of B & G Solar Private Limited is U93000TN2010PTC075502 and the company number is 075502 as per Ministry of Corporate Affairs (MCA).

  • The Official website of B & G Solar Private Limited is https://www.bginfra.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for B & G Solar Private Limited has risen by 36.30%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of B & G Solar Private Limited has experienced an downturn of -16.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for B & G Solar Private Limited amount to ₹ 7.91 Cr.

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

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