Mundra Solar Energy Limited

Provides infrastructural facilities for solar energy, incorporated in 2019, based in Gujarat.

2019 | Gandhi Nagar, Gujarat (India) | Active
Last Updated: January 02, 2025

Mundra Solar Energy Profile

Key Indicators

  • Authorised Capital ₹ 141.00 Cr
  • Paid Up Capital ₹ 141.00 Cr
  • Company Age 5 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,950.00 Cr
  • Satisfied Charges ₹ 1,334.40 Cr
  • Revenue Growth 24709.53%
  • Profit Growth 6035.56%
  • Ebitda -45269.42%
  • Net Worth 2101716.63%
  • Total Assets 17861.92%

About Mundra Solar Energy

Mundra Solar Energy Limited (MSEL) is a Public Limited State Government Company incorporated in India on 18 October 2019 (Five years and three months 16 days old ). Its registered office is in Gandhi Nagar, Gujarat, 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 141.00 Cr and a paid-up capital of Rs 141.00 Cr.

The company currently has active open charges totaling ₹1,950.00 Cr. The company has closed loans amounting to ₹1,334.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mundra Solar Energy Limited India are Dharmesh Parekh as CFO and Mohit Sahu as Company Secretary. Dharmesh Parekh, Harsh Govil, Gaurav Vesasi, and One other member serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29308GJ2019SGC110395

  • Company No.

    110395

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    18 Oct 2019

  • Date of AGM

    21 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

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

Executive Team (3)

Name Designation Appointment Date Status
Muralee Krishnan Managing Director 14-Nov-2024 Current
Dharmesh Parekh CFO 19-Jan-2024 Current
Mohit Sahu Company Secretary 29-Nov-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Dharmesh Parekh Country flag representing In Director 24-Aug-2022 Current
Harsh Govil Country flag representing In Director 18-Oct-2019 Current
Gaurav Vesasi Country flag representing In Director 03-Jan-2023 Current

Financial Performance of Mundra Solar Energy.

Mundra Solar Energy Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 24709.53% increase. The company also saw a substantial improvement in profitability, with a 6035.56% increase in profit. The company's net worth Soared by an impressive increase of 2101716.63%.

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
24709.53%
Revenue from Operations
Total Assets
17861.92%
Profit or Loss
6035.56%
Net Worth
2101716.63%
EBITDA
-45269.42%

What is the Ownership and Shareholding Structure of Mundra Solar Energy?

In 2021, Mundra Solar Energy 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

₹1,950.00 Cr

Satisfied Charges

₹1,334.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 1950.00 Cr

Latest Charge Details

Date Lender Amount Status
08 Dec 2021 Others ₹1,950.00 Cr Open
22 Oct 2021 Others ₹1,312.40 Cr Satisfied
29 Jun 2020 Others ₹22.00 Cr Satisfied

How Many Employees Work at Mundra Solar Energy?

Mundra Solar Energy has a workforce of 350 employees as of Apr 05, 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 Mundra Solar Energy, 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 Mundra Solar Energy'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 Mundra Solar Energy

Recent activity within the organization

  • Director Appointment

    Mohit Sahu was appointed as a Company Secretary was appointed as a Company Secretary on 29 Nov 2024 & has been associated with this company since 2 months 4 days .

    29 Nov 2024

  • Director Appointment

    Muralee Krishnan was appointed as a Managing Director was appointed as a Managing Director on 14 Nov 2024 & has been associated with this company since 2 months 19 days .

    14 Nov 2024

  • Charges

    A charge registered on 22 Oct 2021 via Charge ID 100493226 with Others was fully satisfied on 26 Jul 2024.

    26 Jul 2024

  • Annual General Meeting

    Mundra Solar Energy Limited last Annual general meeting of members was held on 21 Jun 2024 as per latest MCA records.

    21 Jun 2024

  • Balance Sheet

    Mundra Solar Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Dharmesh Arvindbhai Parekh was appointed as a Cfo was appointed as a Cfo on 19 Jan 2024 & has been associated with this company since 1 year 13 days .

    19 Jan 2024

Frequently asked questions

  • Mundra Solar Energy Limited was incorporated on 18 Oct 2019.

  • The authorized share capital of Mundra Solar Energy Limited is ₹ 141.00 Cr and paid-up capital is ₹ 141.00 Cr.

  • Currently 6 directors are associated with Mundra Solar Energy Limited.

    • Dharmesh Arvindbhai Parekh
    • Harsh Vardhan Govil
    • Gaurav Surinder Vesasi
    • Muralee Krishnan
    • Dharmesh Arvindbhai Parekh
    • Mohit Sahu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mundra Solar Energy Limited is Adani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway Khodiyar, India, Ahmedabad, Gujarat, 382421.

  • The corporate identification number (CIN) of Mundra Solar Energy Limited is U29308GJ2019SGC110395 and the company number is 110395 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mundra Solar Energy Limited is https://www.adanigreenenergy.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mundra Solar Energy Limited has risen by 24709.53%.

  • As Per 2022 financial reports, 350 employees are currently employed by Mundra Solar Energy Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mundra Solar Energy Limited has experienced an upsurge of 2101716.63%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mundra Solar Energy Limited amount to ₹ 1,950.00 Cr.

  • The most recent Balance Sheet for Mundra Solar Energy Limited was filed with the ROC on 31 Mar 2024.

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