Soar Renewable Energy Profile
Key Indicators
- Authorised Capital ₹ 3.50 M
as on 19-05-2024
- Paid Up Capital ₹ 3.40 M
as on 19-05-2024
- Company Age 10 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.01 Cr
as on 19-05-2024
- Satisfied Charges ₹ 3.25 M
as on 19-05-2024
- Revenue 91.25%
(FY 2020)
- Profit -76.03%
(FY 2020)
- Ebitda -1317.62%
(FY 2020)
- Net Worth 27.01%
(FY 2020)
- Total Assets 158.65%
(FY 2020)
About Soar Renewable Energy
The Company is engaged in the Electrical 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 3.50 M and a paid-up capital of Rs 3.40 M.
The company currently has active open charges totaling ₹4.01 Cr. The company has closed loans amounting to ₹3.25 M, as per Ministry of Corporate Affairs (MCA) records.
Jyoti Kotecha, Ashokkumar Kotecha, Rushikesh Choudhari, and One other member serve as directors at the Company.
- CIN/LLPIN
U35105MH2014PTC256003
- Company No.
256003
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Jul 2014
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Jalgaon, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Soar Renewable Energy Private Limited offer?
Soar Renewable Energy Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Lighting, Panel Light, Round Panel Light, Automotive Battery, Electric Vehicle Battery, LED Bulb, Solar LED Bulb, Spot Lights, LED Spotlight.
Who are the key members and board of directors at Soar Renewable Energy?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jyoti Kotecha  | Director | 11-Jul-2014 | Current |
| Ashokkumar Kotecha | Director | 11-Jul-2014 | Current |
| Rushikesh Choudhari | Director | 11-Jul-2014 | Current |
| Mohit Kotecha | Director | 27-Nov-2021 | Current |
Financial Performance and Corporate Structure Insights of Soar Renewable Energy.
Soar Renewable Energy Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 91.25% increase. The company also saw a substantial fall in profitability, with a 76.03% decrease in profit. The company's net worth Soared by an impressive increase of 27.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Soar Renewable Energy?
In 2019, Soar Renewable Energy had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mahavir Civil Engineering And Services Private LimitedActive 16 years 7 monthsJyoti Kotecha, Ashokkumar Kotecha and 1 more are mutual person
- Venkateshwara Metals And Connectors LlpActive 5 years 2 months
Rushikesh Choudhari is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Jalgaon Peoples Co-Op Bank Limited Creation Date: 16 Oct 2020 | ₹0.05 M | Open |
The Jalgaon Peoples Co-Op Bank Limited Creation Date: 17 May 2019 | ₹3.50 Cr | Open |
The Jalgaon Peoples Co-Op Bank Limited Creation Date: 17 May 2019 | ₹5.00 M | Open |
How Many Employees Work at Soar Renewable Energy?
Soar Renewable Energy has a workforce of 0 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Soar Renewable 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 Soar Renewable 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.
Alerts
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.
