Minsolar Private Limited

Provides turnkey solutions for solar energy projects, including engineering, financing, and maintenance.

2019 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 03, 2025

Minsolar Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.70 M
  • Company Age 5 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.80 M
  • Revenue Growth -41.04%
  • Profit Growth -96.80%
  • Ebitda 31.23%
  • Net Worth 769.87%
  • Total Assets 32.97%

About Minsolar

Minsolar Private Limited (MPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 07 August 2019 (Five years and six months 4 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Energy And Power 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 3.00 M and a paid-up capital of Rs 2.70 M.

The company currently has active open charges totaling ₹8.80 M.

Aruldoss Vaishnavi, Gopala Pillai, and Manoharan Krishna serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40300TN2019PTC130996

  • Company No.

    130996

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power

Who are the key members and board of directors at Minsolar?

Executive Team (1)

Name Designation Appointment Date Status
Manoharan Krishna Country flag representing In Managing Director 07-Aug-2019 Current

Board Members (2)

Name Designation Appointment Date Status
Aruldoss Vaishnavi Country flag representing In Director 14-Aug-2020 Current
Gopala Pillai Country flag representing In Director 30-Sep-2023 Current

Financial Performance of Minsolar.

Minsolar Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 41.04% decrease. The company also saw a substantial fall in profitability, with a 96.8% decrease in profit. The company's net worth Soared by an impressive increase of 769.87%.

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
-41.04%
Revenue from Operations
-41.04%
Total Assets
32.97%
Profit or Loss
-96.80%
Net Worth
769.87%
EBITDA
31.23%

What is the Ownership and Shareholding Structure of Minsolar?

In 2023, Minsolar 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

₹8.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.88 Cr

Latest Charge Details

Date Lender Amount Status
25 Aug 2021 State Bank Of India ₹8.80 M Open

How Many Employees Work at Minsolar?

Unlock and access historical data on people associated with Minsolar, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Minsolar, 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 Minsolar'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 Minsolar

Recent activity within the organization

  • Annual General Meeting

    Minsolar Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Minsolar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Gopala Pillai Nalla Muthu Pillai was appointed as a Director was appointed as a Director on 30 Sep 2023 & has been associated with this company since 1 year 4 months .

    30 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 8.80 M registered on 25 Aug 2021 with Charge ID 100484934 was modified on 09 May 2023.

    09 May 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 8.80 M with Charge ID 100484934 was registered on 25 Aug 2021.

    25 Aug 2021

  • Director Appointment

    Aruldoss Vaishnavi was appointed as a Director was appointed as a Director on 14 Aug 2020 & has been associated with this company since 4 years 5 months .

    14 Aug 2020

Frequently asked questions

  • Minsolar Private Limited was incorporated on 07 Aug 2019.

  • The authorized share capital of Minsolar Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.70 M.

  • Currently 3 directors are associated with Minsolar Private Limited.

    • Aruldoss Vaishnavi
    • Gopala Pillai Nalla Muthu Pillai
    • Manoharan Krishna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Minsolar Private Limited is First Floor Of Annam House Building At No.131/45 Old Mambalam Road West Mambalam, India, Chennai, Tamil Nadu, 600033.

  • The corporate identification number (CIN) of Minsolar Private Limited is U40300TN2019PTC130996 and the company number is 130996 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Minsolar Private Limited is https://www.minsolar.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Minsolar Private Limited has fallen by -41.04%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Minsolar Private Limited has experienced an upsurge of 769.87%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Minsolar Private Limited amount to ₹ 8.80 M.

  • The most recent Balance Sheet for Minsolar Private Limited was filed with the ROC on 31 Mar 2024.

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