Mundra Solar Pv Limited

Manufactures solar photovoltaic equipment and ancillaries in SEZ area with 1.2GW capacity.

2015 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 23, 2024

Mundra Solar Pv Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 918.37 Cr
  • Company Age 9 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3,617.90 Cr
  • Satisfied Charges ₹ 400.00 Cr
  • Revenue Growth -37.42%
  • Profit Growth -476.22%
  • Ebitda -87.61%
  • Net Worth -41.08%
  • Total Assets -6.37%

About Mundra Solar Pv

Mundra Solar Pv Limited (MSPL) is a Public Limited Indian Non-Government Company incorporated in India on 01 June 2015 (Nine years and eight months 1 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 1,000.00 Cr and a paid-up capital of Rs 918.37 Cr.

The company currently has active open charges totaling ₹3,617.90 Cr. The company has closed loans amounting to ₹400.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mundra Solar Pv Limited India are Pawan Parakh as CFO and Manish Daulani as Company Secretary. Rajesh Jha, Anil Gupta, Sushama Oza, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ2015PLC083378

  • Company No.

    083378

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 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 Pv?

Executive Team (3)

NameDesignationAppointment DateStatus
Anil Gupta Country flag representing In Managing Director01-Oct-2022Current
Pawan Parakh CFO01-Sep-2021Current
Manish Daulani Country flag representing In Company Secretary13-Sep-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Rajesh Jha Country flag representing In Director 18-Aug-2015Current
Sushama Oza Country flag representing In Director 20-Aug-2016Current
Harsh Govil Country flag representing In Whole-Time Director 14-Mar-2019Current

Financial Performance of Mundra Solar Pv.

Mundra Solar Pv Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.42% decrease. The company also saw a substantial fall in profitability, with a 476.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 41.08%.

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
-37.42%
Revenue from Operations
-38.08%
Total Assets
-6.37%
Profit or Loss
-476.22%
Net Worth
-41.08%
EBITDA
-87.61%

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

In 2023, Mundra Solar Pv 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

₹3,617.90 Cr

Satisfied Charges

₹400.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 3617.90 Cr

Latest Charge Details

DateLenderAmountStatus
15 Dec 2023Others₹1,121.08 CrOpen
06 Oct 2023Others₹1,291.00 CrOpen
09 Jun 2021Others₹165.62 CrOpen
25 Sep 2020Others₹200.00 CrOpen
09 May 2017Others₹418.00 CrOpen

How Many Employees Work at Mundra Solar Pv?

Mundra Solar Pv has a workforce of 396 employees as of Mar 28, 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 Pv, 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 Pv'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 Pv

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 1,121.08 Cr registered on 15 Dec 2023 with Charge ID 100831429 was modified on 22 Dec 2023.

    22 Dec 2023

  • Charges

    A charge with Others of Rs. 1,291.00 Cr registered on 06 Oct 2023 with Charge ID 100798501 was modified on 22 Dec 2023.

    22 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 1,121.08 Cr with Charge ID 100831429 was registered on 15 Dec 2023.

    15 Dec 2023

  • Charges

    A charge with Others of Rs. 165.62 Cr registered on 09 Jun 2021 with Charge ID 100454010 was modified on 27 Oct 2023.

    27 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 1,291.00 Cr with Charge ID 100798501 was registered on 06 Oct 2023.

    06 Oct 2023

  • Charges

    A charge with Others of Rs. 422.20 Cr registered on 13 Jun 2016 with Charge ID 100033637 was modified on 30 Sep 2023.

    30 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Mundra Solar Pv Limited was incorporated on 01 Jun 2015.

  • The authorized share capital of Mundra Solar Pv Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 918.37 Cr.

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

    • Rajesh Kumar Jha
    • Anil Kumar Gupta
    • Sushama Ashvin Oza
    • Harsh Vardhan Govil
    • Pawan Parakh
    • Manish Ramchand Daulani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mundra Solar Pv 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 Pv Limited is U74999GJ2015PLC083378 and the company number is 083378 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mundra Solar Pv Limited has fallen by -37.42%.

  • As Per 2023 financial reports, 396 employees are currently employed by Mundra Solar Pv Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mundra Solar Pv Limited has experienced an downturn of -41.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mundra Solar Pv Limited amount to ₹ 3,617.90 Cr.

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

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