Megasolis Renewables Profile
Key Indicators
- Authorised Capital ₹ 900.00 Cr
as on 12-07-2024
- Paid Up Capital ₹ 321.63 Cr
as on 12-07-2024
- Company Age 14 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 3,575.85 Cr
as on 12-07-2024
- Revenue 16.69%
(FY 2023)
- Profit 26.35%
(FY 2023)
- Ebitda 8.11%
(FY 2023)
- Net Worth 9.31%
(FY 2023)
- Total Assets -0.06%
(FY 2023)
About Megasolis Renewables
The Corporate was formerly known as Mahindra Offgrid Services Private Limited. 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 900.00 Cr and a paid-up capital of Rs 321.63 Cr.
The company has closed loans amounting to ₹3,575.85 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Megasolis Renewables Private Limited India are Deepaksingh Thakur as Ceo, Avinash Bapat as Cfo, and Mandar Joshi as Company Secretary. Gaurav Malhotra, Piyush Jain, and Devjeet Ghosh serve as directors at the Company.
- CIN/LLPIN
U40300MH2010PTC205946
- Company No.
205946
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jul 2010
- Date of AGM
26 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Megasolis Renewables Private Limited offer?
Megasolis Renewables Private Limited offers a wide range of products and services, including Residential & Commercial Security, Surveillance Services, Software Development & IT Consultant, IT Security Service, Environment Protection & Auditing, Environmental Consultants, ISO & Quality Management Consultants, Certification Services, Business Planning and Management, Business Consultant.
Who are the key members and board of directors at Megasolis Renewables?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepaksingh Thakur  | CEO | 17-Aug-2022 | Current |
| Avinash Bapat | CFO | 20-Jan-2021 | Current |
| Mandar Joshi | Company Secretary | 21-Oct-2016 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gaurav Malhotra | Additional Director | 11-Jan-2024 | Current |
| Piyush Jain | Additional Director | 11-Jan-2024 | Current |
| Devjeet Ghosh | Additional Director | 11-Jan-2024 | Current |
Financial Performance of Megasolis Renewables.
Megasolis Renewables Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.69% increase. The company also saw a substantial improvement in profitability, with a 26.35% increase in profit. The company's net worth moved up by a moderate rise of 9.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (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 Megasolis Renewables?
In 2023, Megasolis Renewables had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mahindra Susten Private LimitedActive 14 years 3 monthsDeepaksingh Thakur and Mandar Joshi are mutual person
Emergent Solren Private LimitedActive 2 years 1 monthGaurav Malhotra, Piyush Jain and 1 more are mutual person
- Mega Suryaurja Private LimitedActive 12 years 11 months
Gaurav Malhotra and Devjeet Ghosh are mutual person
- Brightsolar Renewable Energy Private LimitedActive 11 years 20 days
Gaurav Malhotra, Piyush Jain and 1 more are mutual person
- Astra Solren Private LimitedActive 9 years 2 months
Gaurav Malhotra and Devjeet Ghosh are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 09 Sep 2020 | ₹900.00 Cr | Satisfied |
Others Creation Date: 26 Jun 2020 | ₹310.00 Cr | Satisfied |
Others Creation Date: 28 Aug 2019 | ₹168.35 Cr | Satisfied |
How Many Employees Work at Megasolis Renewables?
Unlock and access historical data on people associated with Megasolis Renewables, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Megasolis Renewables, 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 Megasolis Renewables'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.
