Mihit Solar Power Private Limited

Solar power company with 74 MW project in Punjab, supplying energy to PSPCL under PPAs.

2015 | Dlf Qe, Haryana (India) | Active
Last Updated: July 26, 2024

Mihit Solar Power Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.12 Cr
  • Company Age 10 Year, 19 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 787.30 Cr
  • Satisfied Charges ₹ 763.63 Cr
  • Revenue Growth 5.26%
  • Profit Growth 66.45%
  • Ebitda 3.27%
  • Net Worth 7.98%
  • Total Assets -0.38%

About Mihit Solar Power

Mihit Solar Power Private Limited (MSPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 January 2015 and has a history of Ten years. Its registered office is in Dlf Qe, Haryana, 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 5.00 Cr and a paid-up capital of Rs 2.12 Cr.

The company currently has active open charges totaling ₹787.30 Cr. The company has closed loans amounting to ₹763.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aakash Dattani, Vivek Agarwal, Rahul Mishra, and One other member serve as directors at the Company.

Company Details

  • Location

    Dlf Qe, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40108HR2015PTC054290

  • Company No.

    054290

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jan 2015

  • Date of AGM

    31 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Environment

Who are the key members and board of directors at Mihit Solar Power?

Board Members (4)

Name Designation Appointment Date Status
Aakash Dattani Additional Director 03-Jan-2024 Current
Vivek Agarwal Country flag representing In Additional Director 03-Jan-2024 Current
Rahul Mishra Country flag representing In Additional Director 03-Jan-2024 Current
Sumit Barat Country flag representing In Additional Director 28-May-2024 Current

Financial Performance of Mihit Solar Power.

Mihit Solar Power Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.26% increase. The company also saw a substantial improvement in profitability, with a 66.45% increase in profit. The company's net worth moved up by a moderate rise of 7.98%.

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
5.26%
Revenue from Operations
3.28%
Total Assets
-0.38%
Profit or Loss
66.45%
Net Worth
7.98%
EBITDA
3.27%

What is the Ownership and Shareholding Structure of Mihit Solar Power?

In 2023, Mihit Solar Power 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

₹787.30 Cr

Satisfied Charges

₹763.63 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 393.65 Cr
  • Others : 393.65 Cr

Latest Charge Details

Date Lender Amount Status
17 Oct 2018 Others ₹393.65 Cr Open
04 Oct 2018 Sbicap Trustee Company Limited ₹393.65 Cr Open
30 Jan 2017 Others ₹29.63 Cr Satisfied
16 Dec 2016 Sbicap Trustee Company Limited ₹405.00 Cr Satisfied
17 Dec 2015 Others ₹329.00 Cr Satisfied

How Many Employees Work at Mihit Solar Power?

Mihit Solar Power has a workforce of 1 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mihit Solar Power, 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 Mihit Solar Power'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 Mihit Solar Power

Recent activity within the organization

  • Director Appointment

    Sumit Barat was appointed as a Additional Director was appointed as a Additional Director on 28 May 2024 & has been associated with this company since 8 months 6 days .

    28 May 2024

  • Director Appointment

    Aakash Ajay Dattani was appointed as a Additional Director was appointed as a Additional Director on 03 Jan 2024 & has been associated with this company since 1 year 30 days .

    03 Jan 2024

  • Director Appointment

    Vivek Agarwal was appointed as a Additional Director was appointed as a Additional Director on 03 Jan 2024 & has been associated with this company since 1 year 30 days .

    03 Jan 2024

  • Director Appointment

    Rahul Nandlal Mishra was appointed as a Additional Director was appointed as a Additional Director on 03 Jan 2024 & has been associated with this company since 1 year 30 days .

    03 Jan 2024

  • Annual General Meeting

    Mihit Solar Power Private Limited last Annual general meeting of members was held on 31 Jul 2023 as per latest MCA records.

    31 Jul 2023

  • Balance Sheet

    Mihit Solar Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

Frequently asked questions

  • Mihit Solar Power Private Limited was incorporated on 14 Jan 2015.

  • The authorized share capital of Mihit Solar Power Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.12 Cr.

  • Currently 4 directors are associated with Mihit Solar Power Private Limited.

    • Aakash Ajay Dattani
    • Vivek Agarwal
    • Rahul Nandlal Mishra
    • Sumit Barat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mihit Solar Power Private Limited is First Floor Tower C Building 10, Dlf Cyber City Phase-Ii Gurgaon Haryana 122002 India Dlf Qe.

  • The corporate identification number (CIN) of Mihit Solar Power Private Limited is U40108HR2015PTC054290 and the company number is 054290 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mihit Solar Power Private Limited has risen by 5.26%.

  • As Per 2023 financial reports, 1 employees are currently employed by Mihit Solar Power Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mihit Solar Power Private Limited has experienced an upsurge of 7.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mihit Solar Power Private Limited amount to ₹ 787.30 Cr.

  • The most recent Balance Sheet for Mihit Solar Power Private Limited was filed with the ROC on 31 Mar 2023.

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