Rhine Solar Limited

Solar PV module manufacturer with installation services, owned by Mr. Shiv Mittal and family.

2014 | Delhi (India) | Active
Last Updated: January 27, 2025

Rhine Solar Profile

Key Indicators

  • Authorised Capital ₹ 1.30 Cr
  • Paid Up Capital ₹ 1.30 Cr
  • Company Age 10 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.90 Cr
  • Satisfied Charges ₹ 21.88 Cr
  • Revenue Growth 11.23%
  • Profit Growth 50.45%
  • Ebitda 19.98%
  • Net Worth 25.82%
  • Total Assets 3.32%

About Rhine Solar

Rhine Solar Limited (RSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 November 2014 and has a history of Ten years and two months. Its registered office is in Delhi, India.

The Company is engaged in the Environment 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 1.30 Cr and a paid-up capital of Rs 1.30 Cr.

The company currently has active open charges totaling ₹23.90 Cr. The company has closed loans amounting to ₹21.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shiv Mittal, Ishwar Mittal, Rajesh Mittal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40300DL2014PLC273427

  • Company No.

    273427

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Environment

What products or services does Rhine Solar Limited offer?

Rhine Solar Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Panels.

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

Board Members (5)

Name Designation Appointment Date Status
Ishwar Mittal Country flag representing In Director 21-Nov-2014 Current
Shiv Mittal Country flag representing In Director 21-Nov-2014 Current
Rajesh Mittal Country flag representing In Director 21-Nov-2014 Current
Sunita Mittal Country flag representing In Director 23-Mar-2015 Current
Kalpana Mittal Country flag representing In Director 23-Mar-2015 Current

Financial Performance of Rhine Solar.

Rhine Solar Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 11.23% increase. The company also saw a substantial improvement in profitability, with a 50.45% increase in profit. The company's net worth Soared by an impressive increase of 25.82%.

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
11.23%
Revenue from Operations
11.19%
Total Assets
3.32%
Profit or Loss
50.45%
Net Worth
25.82%
EBITDA
19.98%

What is the Ownership and Shareholding Structure of Rhine Solar?

In 2024, Rhine Solar 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

₹23.90 Cr

Satisfied Charges

₹21.88 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 23.50 Cr
  • Others : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
05 Aug 2022 Others ₹4.00 M Open
26 Dec 2021 Hdfc Bank Limited ₹23.50 Cr Open
11 Sep 2020 Axis Bank Limited ₹1.80 Cr Satisfied
08 Nov 2019 Axis Bank Limited ₹1.00 Cr Satisfied
17 Jan 2018 Axis Bank Limited ₹12.50 Cr Satisfied

How Many Employees Work at Rhine Solar?

Rhine Solar has a workforce of 18 employees as of Jan 27, 2025. 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 Rhine 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 Rhine 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 Rhine Solar

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 23.50 Cr registered on 26 Dec 2021 with Charge ID 100545467 was modified on 05 Nov 2024.

    05 Nov 2024

  • Annual General Meeting

    Rhine Solar Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100600868 was registered on 05 Aug 2022.

    05 Aug 2022

  • Charges

    A charge registered on 11 Sep 2020 via Charge ID 100370200 with Axis Bank Limited was fully satisfied on 01 Mar 2022.

    01 Mar 2022

  • Charges

    A charge registered on 08 Nov 2019 via Charge ID 100305046 with Axis Bank Limited was fully satisfied on 01 Mar 2022.

    01 Mar 2022

Frequently asked questions

  • Rhine Solar Limited was incorporated on 21 Nov 2014.

  • The authorized share capital of Rhine Solar Limited is ₹ 1.30 Cr and paid-up capital is ₹ 1.30 Cr.

  • Currently 5 directors are associated with Rhine Solar Limited.

    • Shiv Mittal
    • Ishwar Chand Mittal
    • Rajesh Mittal
    • Sunita Mittal
    • Kalpana Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rhine Solar Limited is Flat No. 86 -A Block –Ad Shalimar Bagh India, New Delhi, 110088.

  • The corporate identification number (CIN) of Rhine Solar Limited is U40300DL2014PLC273427 and the company number is 273427 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rhine Solar Limited is https://www.rhinesolar.in

  • According to the financial reports for the fiscal year 2024, the revenue trend for Rhine Solar Limited has risen by 11.23%.

  • As Per 2024 financial reports, 18 employees are currently employed by Rhine Solar Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Rhine Solar Limited has experienced an upsurge of 25.82%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Rhine Solar Limited amount to ₹ 23.90 Cr.

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

People also Viewed

Similar Companies Based on Solar Energy Solutions