

Indosolar Profile
Key Indicators
- Authorised Capital ₹ 1,000.00 Cr
- Paid Up Capital ₹ 41.60 Cr
- Company Age 20 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 4,302.91 Cr
- Revenue Growth -94.94%
- Profit Growth -222.42%
- Ebitda -15.29%
- Net Worth -114.99%
- Total Assets -65.19%
About Indosolar
Indosolar Limited (IL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 April 2005 and has a history of 20 years and one month. Its registered office is in Delhi, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533257 and on the National Stock Exchange(NSE) under INDOSOLAR.
The Corporate was formerly known as Robin Solar Limited. The Company is engaged in the Energy And Power 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 1,000.00 Cr and a paid-up capital of Rs 41.60 Cr.
The company has closed loans amounting to ₹4,302.91 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Indosolar Limited India are Akalpita Patel as COMPANY SECRETARY and Sonal Shrivastava as Cfo. Jayesh Shah, Viren Chimanlal, Hitesh Mehta, and Three other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Indosolar Limited offer?
Indosolar Limited offers a wide range of products and services, including Solar Cell, Solar PV Cells, Solar Panels, Solar Module, Solar Power Plants, Solar Power Systems, Monocrystalline Solar Panel.
Who are the key members and board of directors at Indosolar?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Hitesh Doshi ![]() | Managing Director | 18-May-2022 | Current |
Akalpita Patel | Company Secretary | 23-Apr-2024 | Current |
Sonal Shrivastava | CFO | 27-Nov-2024 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Viren Chimanlal ![]() | Additional Director | 18-May-2022 | Current |
Hitesh Mehta ![]() | Additional Director | 16-Jun-2022 | Current |
Jayesh Shah ![]() | Additional Director | 29-Aug-2022 | Current |
Nilesh Gandhi ![]() | Additional Director | 28-Sep-2024 | Current |
Anita Jaiswal ![]() | Additional Director | 29-Aug-2022 | Current |
Financial Performance of Indosolar.
Indosolar Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 94.94% decrease. The company also saw a substantial fall in profitability, with a 222.42% decrease in profit. The company's net worth observed a substantial decline by a decrease of 114.99%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indosolar?
In 2018, Indosolar had a promoter holding of 56.90% and a public holding of 43.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
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Anita Jaiswal is a mutual person
- Waaree Energies Limited
Jayesh Shah, Viren Chimanlal and 3 more are mutual person
- Waaree Pv Power Llp
Viren Chimanlal is a mutual person
- Waaree Surya Power Llp
Viren Chimanlal and Hitesh Doshi are mutual person
- Waaree Solar Thermal Llp
Viren Chimanlal and Hitesh Doshi are mutual person
- Waaree Renewable Technologies Limited
Viren Chimanlal, Hitesh Mehta and 2 more are mutual person
Charges (Loans)
₹0
₹4,302.91 Cr
Charges Breakdown by Lending Institutions
- Union Bank Of India : 3860.79 Cr
- Bank Of Baroda : 193.50 Cr
- Corporation Bank Industrial Finance Branch : 100.00 Cr
- Indian Bank : 93.12 Cr
- Andhra Bank : 55.50 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
29 Dec 2011 | Union Bank Of India | ₹470.74 Cr | Satisfied |
21 Mar 2011 | Andhra Bank | ₹20.38 Cr | Satisfied |
09 Mar 2011 | Union Bank Of India | ₹228.00 Cr | Satisfied |
10 Jan 2011 | Andhra Bank | ₹22.00 Cr | Satisfied |
28 Oct 2010 | Bank Of Baroda | ₹93.50 Cr | Satisfied |
How Many Employees Work at Indosolar?
Unlock and access historical data on people associated with Indosolar, 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 Indosolar, 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 Indosolar'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.
Latest Updates, News, and FAQs on Indosolar
Recent activity within the organization
- Annual General Meeting
Indosolar Limited last Annual general meeting of members was held on 30 Nov 2024 as per latest MCA records.
- Director Appointment
Sonal Shrivastava was appointed as a Cfo was appointed as a Cfo on 27 Nov 2024 & has been associated with this company since 5 months 17 days .
- Director Appointment
Nilesh Bhogilal Gandhi was appointed as a Additional Director was appointed as a Additional Director on 28 Sep 2024 & has been associated with this company since 7 months 16 days .
- Director Appointment
Akalpita Harnish Patel was appointed as a Company Secretary was appointed as a Company Secretary on 23 Apr 2024 & has been associated with this company since 1 year 21 days .
- Balance Sheet
Indosolar Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 08 Sep 2008 via Charge ID 10123124 with Union Bank Of India was fully satisfied on 05 Aug 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Indosolar Limited?
Indosolar Limited was incorporated on 08 Apr 2005.
What is authorized share capital and paid-up capital of Indosolar Limited?
The authorized share capital of Indosolar Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 41.60 Cr.
Who are the current board members & directors of Indosolar Limited?
Currently 8 directors are associated with Indosolar Limited.
- Jayesh Dhirajlal Shah
- Viren Doshi Chimanlal
- Hitesh Pranjivan Mehta
- Hitesh Chimanlal Doshi
- Nilesh Bhogilal Gandhi
- Anita Rameshprasad Jaiswal
- Akalpita Harnish Patel
- Sonal Shrivastava
What is the registered address of Indosolar Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indosolar Limited is Unit No. 301 3Rd Floor Building 02 Southern Park Saket, - India, New Delhi, 110017.
What is the corporate identification number (CIN) and company number of Indosolar Limited?
The corporate identification number (CIN) of Indosolar Limited is L18101DL2005PLC134879 and the company number is 134879 as per Ministry of Corporate Affairs (MCA).
Is Indosolar Limited registered with any stock exchange in India?
Yes, Indosolar Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): INDOSOLAR.
What is the official website of Indosolar Limited?
The Official website of Indosolar Limited is https://www.indosolar.co.in
What has been the recent revenue trend for Indosolar Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Indosolar Limited has fallen by -94.94%.
What change has been observed in the net worth of Indosolar Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Indosolar Limited has experienced an downturn of -114.99%.
When was the last Balance Sheet of Indosolar Limited filed with the ROC?
The most recent Balance Sheet for Indosolar Limited was filed with the ROC on 31 Mar 2024.
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