About
Basic Data Updated:
1 month agoThe manufacturing and installation of solar photovoltaic systems (off-grid/on-grid) and solar water heating systems for residential, industrial and institutional use are the primary activities of Orb Energy Private Limited. Along with this, the company also engages in the design, manufacture, and sale of products in the solar home lighting and street lighting segments. With a strong presence in Karnataka, Andhra Pradesh, Kerala, Tamil Nadu, and Maharashtra, the company operates through 40 direct-run and franchised branches. To further support its customers and franchises, the company has implemented an in-house credit program. This program provides funding for commercial and institutional customers, as well as franchises. Additionally, Orb Energy Private Limited has established a PV module manufacturing unit in Bangalore with a capacity of 50 MW. Through its innovative and sustainable solutions, Orb Energy Private Limited is committed to promoting the use of solar energy and reducing the carbon footprint. The company's dedication to providing reliable and affordable solar solutions has made it a leader in the industry. With a strong focus on customer satisfaction and environmental responsibility, Orb Energy Private Limited continues to make a positive impact in the renewable energy sector.
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U31909KA2006PTC040346 |
| Company No. | 040346 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 30 Aug 2006 |
| Date of AGM | 25 Aug 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Bangalore |
Products or Services related to Orb Energy Private Limited
Solar Power Plants
Tube Light
Polycrystalline Solar Panels
Solar Module
Financials of Orb Energy Private Limited
Orb Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.94% increase. The company also saw a substantial fall in profitability, with a 654.93% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.25%.
Corporate Structure
Unlock access to Orb Energy's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Orb Energy Private Limited
Unlock and access historical data on people associated with Orb Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (1)
MM
Mayank Mehar Company SecretaryAppointment Date: 10-Aug-2020
Status: Current
Board Members(2)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Jul 2022 | ₹158.50 Cr | Open |
Others Creation Date: 20 Jul 2022 | ₹163.20 Cr | Open |
Others Creation Date: 23 Nov 2018 | ₹66.33 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Orb 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 Orb Energy's trajectory.
Rating
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.
Alert
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.
Recent activity within the organization
Charges
A charge with Others of Rs. 163.20 cr registered on 20 Jul 2022 with Charge ID 100598920 was modified on 13 Mar 2024.
13 Mar 2024Annual General Meeting
Orb Energy Private Limited last Annual general meeting of members was held on 25 Aug 2023 as per latest MCA records.
25 Aug 2023Balance Sheet
Orb Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
31 Mar 2023Charges
A charge with Others amounted to Rs. 158.50 cr with Charge ID 100624430 was registered on 29 Jul 2022.
29 Jul 2022Charges
A charge with Others of Rs. 66.33 cr registered on 23 Nov 2018 with Charge ID 100223453 was modified on 21 Jul 2022.
21 Jul 2022
Recent News, Updates & Announcement
Orb Energy set to raise 15 million dollars debt funds.Deccan Herald 06 Oct 2019
- Shell picks up 20 stake in Bengalurubased solar power firm Orb Energy.
Business Standard 03 Oct 2019
- Orb Energy looks to raise Rs 220 cr in Series C round.
Deccan Herald 08 Apr 2019
- Orb Energy raises Rs 95 Cr from FMO OPIC others.
Orb Energy is looking to use the capital to grow its inhouse finance facility of rooftop solar panels for Indian SMEs and to further expand its Kenya operations.
Economic Times 09 Jan 2018
- Orb Energy Secures Funding to Replicate Indian Business Model in Kenya Lighting Africa.
Lighting Africa 06 Feb 2015
Frequently asked questions
What is the Incorporation or founding date of Orb Energy Private Limited?
