Mahindra Solarize Profile
Key Indicators
- Authorised Capital ₹ 42.00 Cr
- Paid Up Capital ₹ 35.39 Cr
- Company Age 3 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 175.00 Cr
- Revenue Growth 8.80%
- Profit Growth -22.15%
- Ebitda -30.55%
- Net Worth 31.21%
- Total Assets -1.83%
About Mahindra Solarize
Mahindra Solarize Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 April 2021 (Three years and nine months 26 days old ). Its registered office is in 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 2024. It's a company limited by shares with an authorized capital of Rs 42.00 Cr and a paid-up capital of Rs 35.39 Cr.
The company currently has active open charges totaling ₹175.00 Cr.
The Key Managerial Personnel (KMP) at Mahindra Solarize Private Limited India are Sanjay Jain as Ceo, Ashish Saboo as Cfo, and Parul Soni as Company Secretary. Kothandaraman Anusha, Ami Goda, Isha Dalal, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40106MH2021PTC358435
- Company No.
358435
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Apr 2021
- Date of AGM
17 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Mahindra Solarize?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Jain  | CEO | Current | |
| Ashish Saboo | CFO | 14-Aug-2024 | Current |
| Parul Soni | Company Secretary | 10-May-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Isha Dalal | Additional Director | 31-Oct-2024 | Current |
| Kothandaraman Anusha | Director | Current | |
| Ami Goda | Director | 06-Apr-2021 | Current |
| Sanjay Jain | Whole-Time Director and Ceo | Current | |
| Hemant Sikka | Director | Current |
Financial Performance of Mahindra Solarize.
Mahindra Solarize Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.8% increase. The company also saw a substantial fall in profitability, with a 22.15% decrease in profit. The company's net worth Soared by an impressive increase of 31.21%.
- 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 Mahindra Solarize?
In 2023, Mahindra Solarize had a promoter holding of 100.00%. 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)
Mahindra Hzpc Private LimitedAmi Goda is a mutual person
Mahindra Epc Irrigation LimitedAmi Goda is a mutual person
Gromax Agri Equipment LimitedHemant Sikka is a mutual person
Indian Council On Global RelationsKothandaraman Anusha is a mutual person
Mahindra Insurance Brokers LimitedHemant Sikka is a mutual person
Classic Legends Private LimitedHemant Sikka is a mutual person
Charges (Loans)
₹175.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 100.00 Cr
- Axis Bank Limited : 75.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jan 2023 | Axis Bank Limited | ₹75.00 Cr | Open |
| 30 Dec 2021 | Others | ₹100.00 Cr | Open |
How Many Employees Work at Mahindra Solarize?
Mahindra Solarize has a workforce of 69 employees as of Mar 31, 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 Mahindra Solarize, 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 Mahindra Solarize'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.
