Insolare Energy Profile
Key Indicators
- Authorised Capital ₹ 1.80 Cr
- Paid Up Capital ₹ 1.28 Cr
- Company Age 16 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 118.17 Cr
- Satisfied Charges ₹ 14.88 Cr
- Revenue Growth 4.90%
- Profit Growth -57.55%
- Ebitda -47.49%
- Net Worth 42.74%
- Total Assets -25.26%
About Insolare Energy
Insolare Energy Private Limited (IEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 June 2008 and has a history of 16 years and seven months. Its registered office is in Bangalore, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.80 Cr and a paid-up capital of Rs 1.28 Cr.
The company currently has active open charges totaling ₹118.17 Cr. The company has closed loans amounting to ₹14.88 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kaikhushru Taraporevala, Sunit Tyagi, Hemanshu Bhatt, and Three other members serve as directors at the Company.
Company Details
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Location
Bangalore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U45206KA2008PTC101033
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Company No.
101033
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Jun 2008
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Insolare Energy Private Limited offer?
Insolare Energy Private 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.
Who are the key members and board of directors at Insolare Energy?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunit Tyagi
|
Managing Director | 14-Jul-2009 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kaikhushru Taraporevala
|
Director | 01-Oct-2021 | Current |
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Hemanshu Bhatt
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Director | 07-Sep-2010 | Current |
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Navashil Sharma
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Director | 28-Sep-2013 | Current |
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Gopal Samanta
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Director | 27-Dec-2016 | Current |
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Dipakkumar Patel
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Director | 01-Jun-2018 | Current |
Financial Performance of Insolare Energy.
Insolare Energy Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.9% increase. The company also saw a substantial fall in profitability, with a 57.55% decrease in profit. The company's net worth Soared by an impressive increase of 42.74%.
- Key Matrics
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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.
Related Corporates (Common Directorship)
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Ishan Netsol Private LimitedKaikhushru Taraporevala is a mutual person
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Sang Infotech Private LimitedKaikhushru Taraporevala is a mutual person
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Ashwamedha Kar Solar Park Private Limited
Sunit Tyagi and Gopal Samanta are mutual person
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Suryaashish Mh1 Solar Park Private Limited
Hemanshu Bhatt is a mutual person
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Rootation Green Ventures Llp
Navashil Sharma and Dipakkumar Patel are mutual person
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Suryaashish Gj1 Solar Park Private Limited
Navashil Sharma and Dipakkumar Patel are mutual person
Charges (Loans)
₹118.17 Cr
₹14.88 Cr
Charges Breakdown by Lending Institutions
- Others : 89.75 Cr
- Axis Bank Limited : 25.00 Cr
- Tjsb Sahakari Bank Limited : 3.42 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jul 2024 | Axis Bank Limited | ₹25.00 Cr | Open |
| 18 Jun 2024 | Others | ₹25.00 Cr | Open |
| 29 May 2024 | Others | ₹1.00 Cr | Open |
| 22 Mar 2024 | Others | ₹20.00 Cr | Open |
| 24 Jan 2024 | Others | ₹3.00 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.
