M. M. Solar Private Limited

Solar equipment and water heaters manufacturer and distributor since 2008.

2008 | Nagpur, Maharashtra (India) | Active
Last Updated: November 16, 2024

M. M. Solar Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.10 Cr
  • Satisfied Charges ₹ 3.31 Cr
  • Revenue Growth %
  • Profit Growth 11.28%
  • Ebitda 67.27%
  • Net Worth -99.71%
  • Total Assets -3.97%

About M. M. Solar

M. M. Solar Private Limited (MMSPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 March 2008 and has a history of 16 years and 11 months. Its registered office is in Nagpur, Maharashtra, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹5.10 Cr. The company has closed loans amounting to ₹3.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

Devendra Ranade, Yogesh Ranade, Shyam Ranade, and One other member serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mmsolar.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40106MH2008PTC180238

  • Company No.

    180238

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Mar 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power
Environment

What products or services does M. M. Solar Private Limited offer?

M. M. Solar Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Water Heater Tubes & Accessories, Steel Pipes and Tubes, Stainless Steel Pipes.

Who are the key members and board of directors at M. M. Solar?

Financial Performance of M. M. Solar.

M. M. Solar Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 11.28% increase in profit. The company's net worth observed a substantial decline by a decrease of 99.71%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-3.97%
Profit or Loss
11.28%
Net Worth
-99.71%
EBITDA
67.27%

What is the Ownership and Shareholding Structure of M. M. Solar?

In 2023, M. M. Solar had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹51.01 M

Satisfied Charges

₹33.13 M

Charges Breakdown by Lending Institutions

  • Housing Development Finance Corporation Limited : 3.10 Cr
  • Hdfc Bank Limited : 1.20 Cr
  • Others : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2018Others₹8.00 MOpen
25 Jun 2015Hdfc Bank Limited₹6.00 MOpen
27 May 2015Hdfc Bank Limited₹6.00 MOpen
31 Dec 2014Housing Development Finance Corporation Limited₹3.50 MOpen
30 Sep 2014Housing Development Finance Corporation Limited₹6.56 MOpen

How Many Employees Work at M. M. Solar?

Unlock and access historical data on people associated with M. M. Solar, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of M. M. Solar, 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 M. M. Solar's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 M. M. Solar

Recent activity within the organization

  • Annual General Meeting

    M. M. Solar Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    M. M. Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 8.00 M with Charge ID 100194855 was registered on 28 Mar 2018.

    28 Mar 2018

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.00 M with Charge ID 10576700 was registered on 25 Jun 2015.

    25 Jun 2015

  • Charges

    A charge registered on 05 Feb 2014 via Charge ID 10476502 with Shikshak Sahakari Bank Limited was fully satisfied on 04 Jun 2015.

    04 Jun 2015

  • Charges

    A charge registered on 23 Dec 2013 via Charge ID 10471128 with Shikshak Sahakari Bank Limited was fully satisfied on 04 Jun 2015.

    04 Jun 2015

Frequently asked questions

  • What is the Incorporation or founding date of M. M. Solar Private Limited?

    M. M. Solar Private Limited was incorporated on 18 Mar 2008.

  • What is authorized share capital and paid-up capital of M. M. Solar Private Limited?

    The authorized share capital of M. M. Solar Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Who are the current board members & directors of M. M. Solar Private Limited?

    Currently 4 directors are associated with M. M. Solar Private Limited.

    • Devendra Govind Ranade
    • Yogesh Madhusudan Ranade
    • Shyam Govind Ranade
    • Nagesh Madhusudan Ranade
  • What is the registered address of M. M. Solar Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of M. M. Solar Private Limited is 62 Surendra Nagar Rpts Road India, Nagpur, Maharashtra, 440015.

  • What is the corporate identification number (CIN) and company number of M. M. Solar Private Limited?

    The corporate identification number (CIN) of M. M. Solar Private Limited is U40106MH2008PTC180238 and the company number is 180238 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of M. M. Solar Private Limited?

    The Official website of M. M. Solar Private Limited is https://www.mmsolar.in

  • What change has been observed in the net worth of M. M. Solar Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of M. M. Solar Private Limited has experienced an downturn of -99.71%.

  • What are the total open charges for M. M. Solar Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for M. M. Solar Private Limited amount to ₹ 5.10 Cr.

  • When was the last Balance Sheet of M. M. Solar Private Limited filed with the ROC?

    The most recent Balance Sheet for M. M. Solar Private Limited was filed with the ROC on 31 Mar 2023.