Insolare Energy Profile
Key Indicators
- Authorised Capital ₹ 1.80 Cr
- Paid Up Capital ₹ 1.28 Cr
- Company Age 16 Year, 8 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 eight 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
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45206KA2008PTC101033
- Company No.
101033
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Jun 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Energy
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 |
| Hemanshu Bhatt | Director | 07-Sep-2010 | Current |
| Navashil Sharma | Director | 28-Sep-2013 | Current |
| Gopal Samanta | Director | 27-Dec-2016 | Current |
| Dipakkumar Patel | 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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
Ishan Netsol Private LimitedKaikhushru Taraporevala is a mutual person
Sang Infotech Private LimitedKaikhushru Taraporevala is a mutual person
- Ashwamedha Kar Solar Park Private Limited
Sunit Tyagi and Gopal Samanta are mutual person
- Suryaashish Mh1 Solar Park Private Limited
Hemanshu Bhatt is a mutual person
- Rootation Green Ventures Llp
Navashil Sharma and Dipakkumar Patel are mutual person
- Suryaashish Gj1 Solar Park Private Limited
Navashil Sharma and Dipakkumar Patel are mutual person
Charges (Loans)
Open Charges
₹118.17 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Insolare Energy
Recent activity within the organization
- Charges
A charge with Axis Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100945374 was registered on 04 Jul 2024.
- Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100946526 was registered on 18 Jun 2024.
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100932016 was registered on 29 May 2024.
- Charges
A charge with Others of Rs. 39.25 Cr registered on 08 Dec 2022 with Charge ID 100660191 was modified on 29 May 2024.
- Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100886153 was registered on 22 Mar 2024.
- Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100852664 was registered on 24 Jan 2024.
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 Private Limited?
Insolare Energy Private Limited was incorporated on 20 Jun 2008.
What is authorized share capital and paid-up capital of Insolare Energy Private Limited?
The authorized share capital of Insolare Energy Private Limited is ₹ 1.80 Cr and paid-up capital is ₹ 1.28 Cr.
Who are the current board members & directors of Insolare Energy Private Limited?
Currently 6 directors are associated with Insolare Energy Private Limited.
- Kaikhushru Vicaji Taraporevala
- Sunit Dharamveer Tyagi
- Hemanshu Devshankar Bhatt
- Navashil Vinayak Sharma
- Gopal Chandra Samanta
- Dipakkumar Ambalal Patel
What is the registered address of Insolare Energy Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Insolare Energy Private Limited is Ask Towers 5Th Floor Thoobarahalli Village Varthur Hobli, Bangalore, Karnataka, India, 560037.
What is the corporate identification number (CIN) and company number of Insolare Energy Private Limited?
The corporate identification number (CIN) of Insolare Energy Private Limited is U45206KA2008PTC101033 and the company number is 101033 as per Ministry of Corporate Affairs (MCA).
What is the official website of Insolare Energy Private Limited?
The Official website of Insolare Energy Private Limited is https://www.insolare.com
What has been the recent revenue trend for Insolare Energy Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Insolare Energy Private Limited has risen by 4.90%.
How many employees does Insolare Energy Private Limited currently have?
As Per 2023 financial reports, 250 employees are currently employed by Insolare Energy Private Limited.
What change has been observed in the net worth of Insolare Energy Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Insolare Energy Private Limited has experienced an upsurge of 42.74%.
What are the total open charges for Insolare Energy Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Insolare Energy Private Limited amount to ₹ 118.17 Cr.
When was the last Balance Sheet of Insolare Energy Private Limited filed with the ROC?
The most recent Balance Sheet for Insolare Energy Private Limited was filed with the ROC on 31 Mar 2023.
People also Viewed
PR
Parul RaiDirectorPR
Prabha RaiDirectorBR
Buddhi RaiDirector
Similar Companies Based on Transmission And Distribution
Devsun Solar Private Limited Ahmedabad, Gujarat, India
Gallantt Ispat Limited Gorakhpur, Uttar Pradesh, India
Ostro Dakshin Power Private Limited Delhi, India
Prozeal Green Energy Private Limited Ahmedabad, Gujarat, India
Mahindra Susten Private Limited Mumbai, Maharashtra, India
East-North Interconnection Company Limited South Delhi, Delhi, India- Greenko Mamatkheda Wind Private Limited New Delhi, India