Modern Solar Private Limited logo

Modern Solar Private Limited

Manufacturer of solar modules and panels, offering engineering, procurement, and construction services for solar power plants.
2009 | Kolkata, West Bengal (India) | Active

Last Updated:

November 16, 2024
HomeCompanyModern Solar Private Limited

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

Board Members(5)

NameDesignationAppointment DateStatus
Divyen Doshi In Director 01-Apr-2019Current
Ripple Doshi In Director 25-Mar-2009Current
Konal Doshi In Director 25-Mar-2009Current
Jigar Avalani In Director 25-Mar-2009Current
Rupen Avalani In Director 25-Mar-2009Current

Financial Performance and Corporate Structure Insights of Modern Solar.

Modern Solar Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 91.26% decrease. The company also saw a substantial improvement in profitability, with a 23.16% increase in profit. The company's net worth dipped by a decrease of 8.31%.

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  • 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
-91.26%
Revenue from Operations
-91.82%
Total Assets
-22.77%
Profit or Loss
23.16%
Net Worth
-8.31%
EBITDA
38.91%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹402.00 M

LenderAmountStatus

Axis Bank Limited

Creation Date: 04 Jan 2018
₹22.00 CrSatisfied

Yes Bank Limited

Creation Date: 29 Sep 2014
₹4.00 CrSatisfied

State Bank Of India

Creation Date: 13 Jul 2010
₹14.20 CrSatisfied

How Many Employees Work at Modern Solar?

Modern Solar has a workforce of 34 employees as of Apr 07, 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.

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Latest Updates, News, and FAQs on Modern Solar

Recent activity within the organization

  • Annual General Meeting

    Modern Solar Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Modern Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 04 Jan 2018 via Charge ID 100195476 with Axis Bank Limited was fully satisfied on 07 May 2022.

    07 May 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 220.00 M registered on 04 Jan 2018 with Charge ID 100195476 was modified on 10 Jan 2020.

    10 Jan 2020

  • Director Appointment

    Divyen Ketan Doshi was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 5 years 8 months .

    01 Apr 2019

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 220.00 M with Charge ID 100195476 was registered on 04 Jan 2018.

    04 Jan 2018

Frequently asked questions

  • Modern Solar Private Limited was incorporated on 25 Mar 2009.

  • The authorized share capital of Modern Solar Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 5 directors are associated with Modern Solar Private Limited.

    • Ripple Piyush Doshi
    • Konal K Doshi
    • Jigar Ramniklal Avalani
    • Rupen Ramniklal Avalani
    • Divyen Ketan Doshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Solar Private Limited is 2/5 Sarat Bose Road Sukhsagar, 2Nd Floor India, Kolkata, West Bengal, 700020.

  • The corporate identification number (CIN) of Modern Solar Private Limited is U29296WB2009PTC134237 and the company number is 134237 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Modern Solar Private Limited is https://www.modernsolar.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Modern Solar Private Limited has fallen by -91.26%.

  • As Per 2023 financial reports, 34 employees are currently employed by Modern Solar Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Modern Solar Private Limited has experienced an downturn of -8.31%.

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

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