Hivesolar Energy Private Limited

Solar energy company generating electric power since 2016, based in Trivandrum, Kerala.

2016 | Thiruvananthapuram, Kerala (India) | Active
Last Updated: October 24, 2024

Hivesolar Energy Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.99 Cr
  • Revenue Growth 42.31%
  • Profit Growth -33.19%
  • Ebitda -232.57%
  • Net Worth 24.79%
  • Total Assets -52.30%

About Hivesolar Energy

Hivesolar Energy Private Limited (HEPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 May 2016 (Eight years and eight months 17 days old ). Its registered office is in Thiruvananthapuram, Kerala, 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.99 Cr.

Sivaramakrishnan Sarma, Sivaramakrishnan Aswin, and Gopalakrishnan serve as directors at the Company.

Company Details

  • Location

    Thiruvananthapuram, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909KL2016PTC045791

  • Company No.

    045791

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 May 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Consumer Electronics & Durables

What products or services does Hivesolar Energy Private Limited offer?

Hivesolar Energy Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Inverter, Solar Charge Controller, Luminous Solar Charge Controller, Solar Grid Tie Inverter, PWM Solar Charge Controller, Delta Solar Inverter, Luminous Solar Inverter, Solar Battery, Luminous Solar Battery.

Who are the key members and board of directors at Hivesolar Energy?

Board Members (3)

Name Designation Appointment Date Status
Sivaramakrishnan Sarma Country flag representing In Director 16-May-2016 Current
Sivaramakrishnan Aswin Country flag representing In Director 25-Mar-2022 Current
Gopalakrishnan Country flag representing In Director 25-Mar-2022 Current

Financial Performance of Hivesolar Energy.

Hivesolar Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.31% increase. The company also saw a substantial fall in profitability, with a 33.19% decrease in profit. The company's net worth Soared by an impressive increase of 24.79%.

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
42.31%
Revenue from Operations
40.59%
Total Assets
-52.30%
Profit or Loss
-33.19%
Net Worth
24.79%
EBITDA
-232.57%

What is the Ownership and Shareholding Structure of Hivesolar Energy?

In 2023, Hivesolar Energy 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

₹49.90 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.99 Cr

Latest Charge Details

Date Lender Amount Status
27 Jun 2024 Others ₹4.99 Cr Open

How Many Employees Work at Hivesolar Energy?

Unlock and access historical data on people associated with Hivesolar Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hivesolar Energy, 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 Hivesolar Energy'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 Hivesolar Energy

Recent activity within the organization

  • Annual General Meeting

    Hivesolar Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 49.90 M with Charge ID 100964027 was registered on 27 Jun 2024.

    27 Jun 2024

  • Balance Sheet

    Hivesolar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Director Appointment

    Sivaramakrishnan Aswin was appointed as a Director was appointed as a Director on 25 Mar 2022 & has been associated with this company since 2 years 10 months .

    25 Mar 2022

  • Director Appointment

    Gopalakrishnan was appointed as a Director was appointed as a Director on 25 Mar 2022 & has been associated with this company since 2 years 10 months .

    25 Mar 2022

  • Director Appointment

    Sivaramakrishnan Veerasubramonia Sarma was appointed as a Director was appointed as a Director on 16 May 2016 & has been associated with this company since 8 years 8 months .

    16 May 2016

Frequently asked questions

  • Hivesolar Energy Private Limited was incorporated on 16 May 2016.

  • The authorized share capital of Hivesolar Energy Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Hivesolar Energy Private Limited.

    • Sivaramakrishnan Veerasubramonia Sarma
    • Sivaramakrishnan Aswin
    • Gopalakrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hivesolar Energy Private Limited is T.C. 4/1711 No: 6 Belhaven Gardens Kaudiar, India, Trivandrum, Kerala, 695003.

  • The corporate identification number (CIN) of Hivesolar Energy Private Limited is U51909KL2016PTC045791 and the company number is 045791 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hivesolar Energy Private Limited is https://www.hivesolarenergy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hivesolar Energy Private Limited has risen by 42.31%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hivesolar Energy Private Limited has experienced an upsurge of 24.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hivesolar Energy Private Limited amount to ₹ 4.99 Cr.

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

People also Viewed

Similar Companies Based on Electronic Appliances Retail & Distribution