Insolare Energy Profile
Key Indicators
- Authorised Capital ₹ 1.80 Cr
- Paid Up Capital ₹ 1.47 Cr
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 191.17 Cr
- Satisfied Charges ₹ 14.88 Cr
- Revenue Growth -46.99%
- Profit Growth 2.47%
- Ebitda 26.88%
- Net Worth 379.57%
- Total Assets 167.11%
About Insolare Energy
Insolare Energy Limited (IEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 June 2008 and has a history of 16 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Energy 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 1.80 Cr and a paid-up capital of Rs 1.47 Cr.
The company currently has active open charges totaling ₹191.17 Cr. The company has closed loans amounting to ₹14.88 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Insolare Energy Limited India are Bhavesh Agal as COMPANY SECRETARY and Navashil Sharma as Ceo. Kaikhushru Taraporevala, Sunit Tyagi, Pooja Bahry, and Three other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45206GJ2008PLC155375
- Company No.
101033
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Jun 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Energy
What products or services does Insolare Energy Limited offer?
Insolare Energy Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Power Plants, Street Lights, Solar Street Lights, Pumping Systems, Solar Water Pumping System, Solar Rooftops, Environmental Consultants, Residential Solar Power Solutions.
Insolare Energy Limited
Explore comprehensive data for Insolare Energy Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Insolare Energy?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunit Tyagi  | Managing Director | 01-Oct-2009 | Current |
Bhavesh Agal  | Company Secretary | 02-Oct-2024 | Current |
| Navashil Sharma | CEO | 02-Oct-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kaikhushru Taraporevala | Director | 01-Oct-2021 | Current |
| Pooja Bahry | Additional Director | 23-Jan-2025 | Current |
| Gajanan Gandhe | Additional Director | 26-Dec-2024 | Current |
| Hemanshu Bhatt | Director | 07-Sep-2010 | Current |
| Navashil Sharma | Director | 28-Sep-2013 | Current |
Financial Performance of Insolare Energy.
Insolare Energy Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 46.99% decrease. The company also saw a slight improvement in profitability, with a 2.47% increase in profit. The company's net worth Soared by an impressive increase of 379.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Insolare Energy?
In 2023, Insolare Energy had a promoter holding of 98.75% and a public holding of 1.25%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Dana Anand India Private LimitedGajanan Gandhe is a mutual person
Dana Tm4 India Private LimitedGajanan Gandhe is a mutual person
- Dana India Technical Centre Private Limited
Gajanan Gandhe is a mutual person
Charges (Loans)
Open Charges
₹191.17 Cr
Satisfied Charges
₹14.88 Cr
Charges Breakdown by Lending Institutions
- Others : 137.75 Cr
- Axis Bank Limited : 25.00 Cr
- Yes Bank Limited : 25.00 Cr
- Tjsb Sahakari Bank Limited : 3.42 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2025 | Yes Bank Limited | ₹25.00 Cr | Open |
| 13 Feb 2025 | Others | ₹12.00 Cr | Open |
| 29 Aug 2024 | Others | ₹24.50 Cr | Open |
| 04 Jul 2024 | Axis Bank Limited | ₹25.00 Cr | Open |
| 18 Jun 2024 | Others | ₹25.00 Cr | Open |
How Many Employees Work at Insolare Energy?
Insolare Energy has a workforce of 250 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Insolare 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 Insolare Energy'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 Insolare Energy
Recent activity within the organization
- Charges
A charge with Yes Bank Limited of Rs. 25.00 Cr registered on 27 Mar 2025 with Charge ID 101075598 was modified on 28 Mar 2025.
- Charges
A charge with Yes Bank Limited amounted to Rs. 25.00 Cr with Charge ID 101075598 was registered on 27 Mar 2025.
- Charges
A charge with Others of Rs. 50.75 Cr registered on 08 Dec 2022 with Charge ID 100660191 was modified on 28 Feb 2025.
- Charges
A charge with Others amounted to Rs. 12.00 Cr with Charge ID 101058859 was registered on 13 Feb 2025.
- Director Appointment
Pooja Bahry was appointed as a Additional Director was appointed as a Additional Director on 23 Jan 2025 & has been associated with this company since 3 months 9 days .
- Director Appointment
Gajanan Vithal Gandhe was appointed as a Additional Director was appointed as a Additional Director on 26 Dec 2024 & has been associated with this company since 4 months 7 days .
Recent News, Updates & Announcement
- InSolare raised $8 M Growth funding from Negen Capital.
Leading renewable energy project construction company InSolare, which is committed to providing technology- and customer-driven solutions, has raised Rs 66 crore (about $8 million) in a growth funding.
Frequently asked questions
What is the Incorporation or founding date of Insolare Energy Limited?
Insolare Energy Limited was incorporated on 20 Jun 2008.
What is authorized share capital and paid-up capital of Insolare Energy Limited?
The authorized share capital of Insolare Energy Limited is ₹ 1.80 Cr and paid-up capital is ₹ 1.47 Cr.
Who are the current board members & directors of Insolare Energy Limited?
Currently 8 directors are associated with Insolare Energy Limited.
- Kaikhushru Vicaji Taraporevala
- Sunit Dharamveer Tyagi
- Pooja Bahry
- Gajanan Vithal Gandhe
- Hemanshu Devshankar Bhatt
- Navashil Vinayak Sharma
- Bhavesh Agal
- Navashil Vinayak Sharma
What is the registered address of Insolare Energy Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Insolare Energy Limited is Office No. 501 To 505 Altimus Nr. Blue Dart. B/H. Torrent Pharma Office Off. Ashram Road, Riverfront (West) India, City Ahmedabad, Gujarat, 380009.
What is the corporate identification number (CIN) and company number of Insolare Energy Limited?
The corporate identification number (CIN) of Insolare Energy Limited is U45206GJ2008PLC155375 and the company number is 101033 as per Ministry of Corporate Affairs (MCA).
What is the official website of Insolare Energy Limited?
The Official website of Insolare Energy Limited is https://www.insolare.com
What has been the recent revenue trend for Insolare Energy Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Insolare Energy Limited has fallen by -46.99%.
How many employees does Insolare Energy Limited currently have?
As Per 2024 financial reports, 250 employees are currently employed by Insolare Energy Limited.
What change has been observed in the net worth of Insolare Energy Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Insolare Energy Limited has experienced an upsurge of 379.57%.
What are the total open charges for Insolare Energy Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Insolare Energy Limited amount to ₹ 191.17 Cr.
When was the last Balance Sheet of Insolare Energy Limited filed with the ROC?
The most recent Balance Sheet for Insolare Energy Limited was filed with the ROC on 31 Mar 2024.
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