Mundra Solar Limited

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

2015 | Gandhi Nagar, Gujarat (India) | Active
Last Updated:

Mundra Solar Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied 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 ten months 11 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹544.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

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

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • 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

    21 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power
Company report

Mundra Solar Limited

Explore comprehensive data for Mundra Solar Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

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%.

Mundra Solar revenue growth over time
Mundra Solar 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

₹0

Satisfied Charges

₹5,440.00 M

Charges Breakdown by Lending Institutions

  • Others : 544.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jan 2024Others₹544.00 CrSatisfied

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.

Employee growth trends for Mundra Solar Limited

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 registered on 09 Jan 2024 via Charge ID 100850636 with Others was fully satisfied on 18 Oct 2024.

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

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

  • 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 4 years 2 months .

  • 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 11 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mundra Solar Limited?

    Mundra Solar Limited was incorporated on 16 Jun 2015.

  • What is authorized share capital and paid-up capital of Mundra Solar Limited?

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

  • Who are the current board members & directors of Mundra Solar Limited?

    Currently 3 directors are associated with Mundra Solar Limited.

    • Dhirav Hemendrakumar Shah
    • Harsh Vardhan Govil
    • Dharmesh Arvindbhai Parekh

  • What is the registered address of Mundra Solar Limited?

    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, India, Ahmedabad, Gujarat, 382421.

  • What is the corporate identification number (CIN) and company number of Mundra Solar Limited?

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

  • What is the official website of Mundra Solar Limited?

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

  • What has been the recent revenue trend for Mundra Solar Limited?

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

  • What change has been observed in the net worth of Mundra Solar Limited, and by what percentage?

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

  • When was the last Balance Sheet of Mundra Solar Limited filed with the ROC?

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

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