Indosolar Profile
Key Indicators
- Authorised Capital ₹ 1,000.00 Cr
- Paid Up Capital ₹ 41.60 Cr
- Company Age 19 Year, 10 Months
- 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 19 years and ten months. 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)
Riverside Industries LimitedAnita Jaiswal is a mutual person
Waaree Energies LimitedJayesh 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
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