Mundra Solar Limited

Leading manufacturer of solar equipment and ancillaries, part of Adani Group.

2015 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 06, 2024

Mundra Solar Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 544.00 Cr
  • Revenue Growth -58.38%
  • Profit Growth -5098.21%
  • Ebitda 293.58%
  • Net Worth -5663.87%
  • Total Assets -52.21%

About Mundra Solar

Mundra Solar Limited (MSL) is a Public Limited Indian Non-Government Company incorporated in India on 16 June 2015 (Nine years and seven months 17 days old ). Its registered office is in Ahmedabad, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹544.00 Cr.

Dharmesh Parekh, Harsh Govil, and Dhirav Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40101GJ2015PLC083552

  • Company No.

    083552

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 2015

  • Date of AGM

    18 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

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

Executive Team (1)

NameDesignationAppointment DateStatus
Harsh Govil Country flag representing In Managing Director14-Mar-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Dharmesh Parekh Country flag representing In Director 22-May-2019Current
Dhirav Shah Country flag representing In Director 15-Feb-2021Current

Financial Performance of Mundra Solar.

Mundra Solar Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 58.38% decrease. The company also saw a substantial fall in profitability, with a 5098.21% decrease in profit. The company's net worth observed a substantial decline by a decrease of 5663.87%.

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
-58.38%
Revenue from Operations
-58.42%
Total Assets
-52.21%
Profit or Loss
-5098.21%
Net Worth
-5663.87%
EBITDA
293.58%

What is the Ownership and Shareholding Structure of Mundra Solar?

In 2023, Mundra Solar had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5,440.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 544.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jan 2024Others₹544.00 CrOpen

How Many Employees Work at Mundra Solar?

Unlock and access historical data on people associated with Mundra Solar, 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 Mundra Solar, 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'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

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 5,440.00 M with Charge ID 100850636 was registered on 09 Jan 2024.

    09 Jan 2024

  • Annual General Meeting

    Mundra Solar Limited last Annual general meeting of members was held on 18 Jul 2023 as per latest MCA records.

    18 Jul 2023

  • Balance Sheet

    Mundra Solar Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Dhirav Hemendrakumar Shah was appointed as a Director was appointed as a Director on 15 Feb 2021 & has been associated with this company since 3 years 11 months .

    15 Feb 2021

  • Director Appointment

    Dharmesh Arvindbhai Parekh was appointed as a Director was appointed as a Director on 22 May 2019 & has been associated with this company since 5 years 8 months .

    22 May 2019

  • Director Appointment

    Harsh Vardhan Govil was appointed as a Managing Director was appointed as a Managing Director on 14 Mar 2019 & has been associated with this company since 5 years 10 months .

    14 Mar 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Mundra Solar Limited was incorporated on 16 Jun 2015.

  • The authorized share capital of Mundra Solar Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Mundra Solar Limited.

    • Dharmesh Arvindbhai Parekh
    • Harsh Vardhan Govil
    • Dhirav Hemendrakumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mundra Solar Limited is Adani Corporate House Shantigram, Near Vaishno Devi Circle S. G. Highway Khodiyar, Ahmedabad, Gujarat, India, 382421.

  • The corporate identification number (CIN) of Mundra Solar Limited is U40101GJ2015PLC083552 and the company number is 083552 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mundra Solar Limited has fallen by -58.38%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mundra Solar Limited has experienced an downturn of -5663.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mundra Solar Limited amount to ₹ 544.00 Cr.

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

Similar Companies Based on Power Equipment Manufacturers