Madhav Solar (Karnataka) Private Limited

Solar company setting up 10 MW grid-interactive project in Karnataka with 25-year PPA.

2013 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: July 17, 2024

Madhav Solar (Karnataka) Profile

Key Indicators

  • Authorised Capital ₹ 25.50 Cr
  • Paid Up Capital ₹ 25.38 Cr
  • Company Age 11 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 58.04 Cr
  • Satisfied Charges ₹ 194.44 Cr
  • Revenue Growth 0.04%
  • Profit Growth 98.16%
  • Ebitda -3.93%
  • Net Worth -0.02%
  • Total Assets -5.46%

About Madhav Solar (Karnataka)

Madhav Solar (Karnataka) Private Limited (MSKPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 September 2013 and has a history of 11 years and five months. Its registered office is in Navi Mumbai, Maharashtra, India.

The Company is engaged in the Environment 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 25.50 Cr and a paid-up capital of Rs 25.38 Cr.

The company currently has active open charges totaling ₹58.04 Cr. The company has closed loans amounting to ₹194.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Madhav Solar (Karnataka) Private Limited India is Vanshika Nayyar as COMPANY SECRETARY. Ramesh Patil, Bharati Ravikant, and Farhaan Mukaddam serve as directors at the Company.

Company Details

  • Location

    Navi Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    madhavcorp.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40106MH2013PTC369034

  • Company No.

    076682

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Sep 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment

Who are the key members and board of directors at Madhav Solar (Karnataka)?

Executive Team (1)

NameDesignationAppointment DateStatus
Vanshika Nayyar Company Secretary04-Apr-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Farhaan Mukaddam Country flag representing In Director 04-Aug-2020Current
Ramesh Patil Country flag representing In Director 04-Dec-2018Current
Bharati Ravikant Country flag representing In Director 28-May-2019Current

Financial Performance of Madhav Solar (Karnataka).

Madhav Solar (Karnataka) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.04% increase. The company also saw a substantial improvement in profitability, with a 98.16% increase in profit. The company's net worth dipped by a decrease of 0.02%.

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
0.04%
Revenue from Operations
-0.32%
Total Assets
-5.46%
Profit or Loss
98.16%
Net Worth
-0.02%
EBITDA
-3.93%

What is the Ownership and Shareholding Structure of Madhav Solar (Karnataka)?

In 2023, Madhav Solar (Karnataka) 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

₹58.04 Cr

Satisfied Charges

₹194.44 Cr

Charges Breakdown by Lending Institutions

  • Others : 58.04 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jan 2020Others₹58.04 CrOpen
30 Nov 2017Idbi Trusteeship Services Limited₹68.00 CrSatisfied
23 Mar 2015State Bank Of India₹63.22 CrSatisfied
08 Nov 2014State Bank Of India₹63.22 CrSatisfied

How Many Employees Work at Madhav Solar (Karnataka)?

Unlock and access historical data on people associated with Madhav Solar (Karnataka), 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 Madhav Solar (Karnataka), 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 Madhav Solar (Karnataka)'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 Madhav Solar (Karnataka)

Recent activity within the organization

  • Director Appointment

    Vanshika Nayyar was appointed as a Company Secretary was appointed as a Company Secretary on 04 Apr 2024 & has been associated with this company since 10 months 22 days .

    04 Apr 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Farhaan Ibrahim Mukaddam was appointed as a Director was appointed as a Director on 04 Aug 2020 & has been associated with this company since 4 years 6 months .

    04 Aug 2020

  • Charges

    A charge with Others amounted to Rs. 58.04 Cr with Charge ID 100318054 was registered on 20 Jan 2020.

    20 Jan 2020

  • Charges

    A charge with Others of Rs. 58.04 Cr registered on 20 Jan 2020 with Charge ID 100318054 was modified on 20 Jan 2020.

    20 Jan 2020

Frequently asked questions

  • Madhav Solar (Karnataka) Private Limited was incorporated on 03 Sep 2013.

  • The authorized share capital of Madhav Solar (Karnataka) Private Limited is ₹ 25.50 Cr and paid-up capital is ₹ 25.38 Cr.

  • Currently 4 directors are associated with Madhav Solar (Karnataka) Private Limited.

    • Ramesh Annasaheb Patil
    • Bharati Patil Ravikant
    • Farhaan Ibrahim Mukaddam
    • Vanshika Nayyar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madhav Solar (Karnataka) Private Limited is Office No. 1208 12Th Floor Plot No. 19 & 20 Satra Plaza Sector 19D Palm Beach Road, Vashi, Navi Mumbai, Maharashtra, India, 400705.

  • The corporate identification number (CIN) of Madhav Solar (Karnataka) Private Limited is U40106MH2013PTC369034 and the company number is 076682 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Madhav Solar (Karnataka) Private Limited is https://www.madhavcorp.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Madhav Solar (Karnataka) Private Limited has risen by 0.04%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Madhav Solar (Karnataka) Private Limited has experienced an downturn of -0.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Madhav Solar (Karnataka) Private Limited amount to ₹ 58.04 Cr.

  • The most recent Balance Sheet for Madhav Solar (Karnataka) Private Limited was filed with the ROC on 31 Mar 2023.

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