Mahindra Solarize Private Limited logo

Mahindra Solarize Private Limited

Solar solutions for residential and commercial use, part of Mahindra Group.
2021 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 10, 2024
HomeCompanyMahindra Solarize Private Limited

Who are the key members and board of directors at Mahindra Solarize?

Executive Team (2)

NameDesignationAppointment DateStatus
Sanjay Jain InCEOCurrent
Parul SoniCompany Secretary10-May-2024Current

Board Members(5)

NameDesignationAppointment DateStatus
Hemant Sikka In Additional Director Current
Kothandaraman Anusha In Additional Director Current
Ami Goda In Director 06-Apr-2021Current
Bharat Goenka In Director 16-May-2023Current
Sanjay Jain In Whole-Time Director and Ceo Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
8.80%
Revenue from Operations
9.70%
Total Assets
-1.83%
Profit or Loss
-22.15%
Net Worth
31.21%
EBITDA
-30.55%

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Charges (Loans)

Open Charges

₹160.00 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 11 Jan 2023
₹75.00 CrOpen

Others

Creation Date: 30 Dec 2021
₹85.00 CrOpen

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.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Mahindra Solarize

Recent activity within the organization

  • Director Appointment

    Parul Soni was appointed as a Company Secretary was appointed as a Company Secretary on 10 May 2024 & has been associated with this company since 6 months 3 days .

    10 May 2024

  • Annual General Meeting

    Mahindra Solarize Private Limited last Annual general meeting of members was held on 24 Jul 2023 as per latest MCA records.

    24 Jul 2023

  • Charges

    A charge with Others of Rs. 85.00 Cr registered on 30 Dec 2021 with Charge ID 100526186 was modified on 15 Jun 2023.

    15 Jun 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 75.00 Cr registered on 11 Jan 2023 with Charge ID 100672408 was modified on 14 Jun 2023.

    14 Jun 2023

  • Director Appointment

    Bharat Goenka was appointed as a Director was appointed as a Director on 16 May 2023 & has been associated with this company since 1 year 5 months .

    16 May 2023

  • Balance Sheet

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

    31 Mar 2023

Frequently asked questions

  • Mahindra Solarize Private Limited was incorporated on 06 Apr 2021.

  • The authorized share capital of Mahindra Solarize Private Limited is ₹ 42.00 Cr and paid-up capital is ₹ 35.39 Cr.

  • Currently 7 directors are associated with Mahindra Solarize Private Limited.

    • Hemant Sikka
    • Kothandaraman Anusha
    • Ami Goda
    • Bharat Goenka
    • Sanjay Jain
    • Sanjay Jain
    • Parul Soni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Solarize Private Limited is Mahindra Towers Pandurang Budhkar Marg, Nr. Doordarshan Kendra Worli, Mumbai, Maharashtra, India, 400018.

  • The corporate identification number (CIN) of Mahindra Solarize Private Limited is U40106MH2021PTC358435 and the company number is 358435 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahindra Solarize Private Limited is https://www.mahindrasolarize.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahindra Solarize Private Limited has risen by 8.80%.

  • As Per 2023 financial reports, 69 employees are currently employed by Mahindra Solarize Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahindra Solarize Private Limited has experienced an upsurge of 31.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahindra Solarize Private Limited amount to ₹ 160.00 Cr.

  • The most recent Balance Sheet for Mahindra Solarize Private Limited was filed with the ROC on 31 Mar 2023.

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