Megasolis Renewables Profile
Key Indicators
- Authorised Capital ₹ 900.00 Cr
- Paid Up Capital ₹ 321.63 Cr
- Company Age 14 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5,641.48 Cr
- Satisfied Charges ₹ 3,575.85 Cr
- Revenue Growth 16.69%
- Profit Growth 26.35%
- Ebitda 8.11%
- Net Worth 9.31%
- Total Assets -0.06%
About Megasolis Renewables
Megasolis Renewables Private Limited (MRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 July 2010 and has a history of 14 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
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 2024. 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 currently has active open charges totaling ₹5,641.48 Cr. The company has closed loans amounting to ₹3,575.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Megasolis Renewables Private Limited India is Nikita Ahuja as COMPANY SECRETARY. Piyush Jain, Gaurav Malhotra, Devjeet Ghosh, and One other member 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
U40300MH2010PTC205946
- Company No.
205946
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jul 2010
- Date of AGM
09 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Environment
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 (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nikita Ahuja | Company Secretary | 14-Jun-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Piyush Jain  | Director | 10-Jan-2024 | Current |
| Gaurav Malhotra | Director | 10-Jan-2024 | Current |
| Devjeet Ghosh | Director | 10-Jan-2024 | Current |
| Niraj Shah | Director | 26-Apr-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
| 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 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)
Emergent Solren Private LimitedPiyush Jain, Gaurav Malhotra and 2 more are mutual person
- Brightsolar Renewable Energy Private Limited
Piyush Jain, Gaurav Malhotra and 2 more are mutual person
- Mega Suryaurja Private Limited
Gaurav Malhotra, Devjeet Ghosh and 1 more are mutual person
- Astra Solren Private Limited
Gaurav Malhotra, Devjeet Ghosh and 1 more are mutual person
- Neo Solren Private Limited
Gaurav Malhotra, Devjeet Ghosh and 1 more are mutual person
Charges (Loans)
Open Charges
₹5,641.48 Cr
Satisfied Charges
₹3,575.85 Cr
Charges Breakdown by Lending Institutions
- Others : 5634.44 Cr
- Axis Bank Limited : 7.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jan 2025 | Axis Bank Limited | ₹6.60 Cr | Open |
| 17 Jan 2025 | Axis Bank Limited | ₹0.10 M | Open |
| 05 Aug 2024 | Axis Bank Limited | ₹4.35 M | Open |
| 23 Jul 2024 | Others | ₹4,150.00 Cr | Open |
| 28 Jun 2024 | Others | ₹1,484.44 Cr | Open |
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.
Latest Updates, News, and FAQs on Megasolis Renewables
Recent activity within the organization
- Charges
A charge with Others of Rs. 4,150.00 Cr registered on 23 Jul 2024 with Charge ID 100953237 was modified on 29 Jan 2025.
- Charges
A charge with Axis Bank Limited amounted to Rs. 6.60 Cr with Charge ID 101046352 was registered on 22 Jan 2025.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.01 Cr with Charge ID 101037878 was registered on 17 Jan 2025.
- Charges
A charge with Others of Rs. 1,484.44 Cr registered on 28 Jun 2024 with Charge ID 100942136 was modified on 25 Sep 2024.
- Annual General Meeting
Megasolis Renewables Private Limited last Annual general meeting of members was held on 09 Aug 2024 as per latest MCA records.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.44 Cr with Charge ID 100967656 was registered on 05 Aug 2024.
Recent News, Updates & Announcement
Mahindra & Adani Partner to Expand EV Charging Network Across India, Tata Power and Oil Companies Join In.Mahindra & Mahindra, a car company, teamed up with Adani Total Energies E-Mobility to build electric vehicle charging stations all over India. This will make it easier for people to charge their electric cars and help India reach its climate goals. Mahindra XUV400 owners can now access over 1,100 chargers through the Bluesense+ app. Tata Power is also installing over 500 charging points across India, with a market share of 60%. Oil companies are also starting to offer EV charging at their petrol pumps..
- Mahindra & Mahindra and Adani Total Energies Team Up to Bring Electric SUVs to India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.
Mahindra & Mahindra + Adani Total Energies = SUVs go electric in India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.
- Bandhan Bank and M&M sign MoU to offer attractive commercial vehicle and equipment financing solutions.
Mumbai, March 19, 2024: Bandhan Bank, one of India’s fastest-growing private sector banks has signed a Memorandum of Understanding (MoU) with Mahindra & Mahindra, a leading commercial vehicle manufacturer of the country, to offer convenient fina.
- Thrust Zone.
Mahindra, which has recently spent a lot of time at the trademark office, has registered other names, which could be used for its upcoming electric cars. XUV 7XO, XUV 1X0, XUV 5XO, XUV 3XO. The XUV 3XO can be used for the Mahindra XUV400 facelift scheduled to launch this year. But since this model is already in the market, Mahindra can launch a sub-4 meter version of the XUV400 and use the new name, which is said to be in the making. The above names refer to electric vehicle models already on the market (XUV400) or introduced by the car manufacturer (XUV e8). But the remaining two names – XUV 5XO and XUV 1XO – could indicate upcoming electric models from Mahindra. The XUV 5XO is expected to be a Creta-sized electric SUV, a rival to the upcoming MG ZS EV and Tata Curvv EV. The only electric SUV in India. With these 4 models, Mahindra will have an electric SUV in all popular SUV segments. XUV 1X0 will be the KUV 100 Electric which almost saw a launch and was forgotten entirely after 2021. Also announced and launched in 2022, Mahindra has announced a new line of all-electric SUVs – the BE series. They must have the same name assigned to them at presentation time. The BE 05, BE 07 and BE 09 will be stand-alone models and will be different from other Mahindra electric vehicles as they will be built on a new dedicated platform as part of the Born Electric range. The electric version of the Mahindra XUV700 is expected to launch later this year. As for the BE series, BE 05, scheduled to launch at the end of 2025, will be the first product in this product line to enter the market..
Frequently asked questions
What is the Incorporation or founding date of Megasolis Renewables Private Limited?
Megasolis Renewables Private Limited was incorporated on 26 Jul 2010.
What is authorized share capital and paid-up capital of Megasolis Renewables Private Limited?
The authorized share capital of Megasolis Renewables Private Limited is ₹ 900.00 Cr and paid-up capital is ₹ 321.63 Cr.
Who are the current board members & directors of Megasolis Renewables Private Limited?
Currently 5 directors are associated with Megasolis Renewables Private Limited.
- Piyush Pannalal Jain
- Gaurav Malhotra
- Devjeet Ghosh
- Niraj Bhupendrakumar Shah
- Nikita Kishore Ahuja
What is the registered address of Megasolis Renewables Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Megasolis Renewables Private Limited is Cowrks Ground Floor Winchester South Avenue Road Downtown, Powai India, Mumbai, Maharashtra, 400076.
What is the corporate identification number (CIN) and company number of Megasolis Renewables Private Limited?
The corporate identification number (CIN) of Megasolis Renewables Private Limited is U40300MH2010PTC205946 and the company number is 205946 as per Ministry of Corporate Affairs (MCA).
What is the official website of Megasolis Renewables Private Limited?
The Official website of Megasolis Renewables Private Limited is https://www.mahindra.com
What has been the recent revenue trend for Megasolis Renewables Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Megasolis Renewables Private Limited has risen by 16.69%.
What change has been observed in the net worth of Megasolis Renewables Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Megasolis Renewables Private Limited has experienced an upsurge of 9.31%.
What are the total open charges for Megasolis Renewables Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Megasolis Renewables Private Limited amount to ₹ 5,641.48 Cr.
When was the last Balance Sheet of Megasolis Renewables Private Limited filed with the ROC?
The most recent Balance Sheet for Megasolis Renewables Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Sriram RamachandranDirector
Smita MankadDirector
Roshan GandhiDirector
Parag ShahDirector
Nora BhatiaDirectorBJ
Basant JainDirector and Ceo(Kmp)DT
Deepaksingh ThakurWhole-Time Director and CeoDH
Debapratim HajaraDirector