Banga Solar Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 7 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.82 Cr
- Revenue Growth -37.77%
- Profit Growth -64.17%
- Ebitda -14.11%
- Net Worth 15.93%
- Total Assets -69.95%
About Banga Solar
Banga Solar Private Limited (BSPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 January 2018 (Seven years and one month 19 days old ). Its registered office is in Gandhi Nagar, Gujarat, India.
The Company is engaged in the Consumer Electronics & Durables 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 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹14.82 Cr.
Jatinkumar Patel and Kantilal Patel serve as directors at the Company.
Company Details
- Location
Gandhi Nagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909GJ2018PTC100337
- Company No.
100337
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Jan 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Banga Solar Private Limited offer?
Banga Solar Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Power Plants, Inverters, UPS and Converters, Inverters, Electrical & Electronic Test Devices, Data Loggers, Cables & Wiring Components, Cable Ties, Fuses, Circuit Breakers & Components, Solar Protection Devices.
Who are the key members and board of directors at Banga Solar?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jatinkumar Patel  | Director | 01-Jan-2018 | Current |
| Kantilal Patel | Director | 01-Jan-2018 | Current |
Financial Performance of Banga Solar.
Banga Solar Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.77% decrease. The company also saw a substantial fall in profitability, with a 64.17% decrease in profit. The company's net worth Soared by an impressive increase of 15.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Banga Solar?
In 2022, Banga 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.
Related Corporates (Common Directorship)
Banga Infotech Private LimitedJatinkumar Patel and Kantilal Patel are mutual person
Charges (Loans)
₹148.22 M
₹0
Charges Breakdown by Lending Institutions
- Others : 14.82 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2022 | Others | ₹5.12 Cr | Open |
| 29 Jan 2021 | Others | ₹9.70 Cr | Open |
How Many Employees Work at Banga Solar?
Unlock and access historical data on people associated with Banga Solar, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Banga 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 Banga Solar's trajectory.
Rating
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
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.