Solace Renewable Energy Private Limited

Provides engineering services and supplies solar systems for power projects, specializing in solar power plants and renewable energy.

2011 | Kolkata, West Bengal (India) | Active
Last Updated:

Solace Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.87 Cr
  • Revenue Growth 20.57%
  • Profit Growth 42.73%
  • Ebitda 89.11%
  • Net Worth 5.46%
  • Total Assets -3.53%

About Solace Renewable Energy

Solace Renewable Energy Private Limited (SREPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 June 2011 and has a history of 13 years and eight months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Infrastructure And Utilities 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹1.87 Cr.

Samrat Laha, Pratyusha Pathak, and Anish Hota serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    solacepower.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40106WB2011PTC163932

  • Company No.

    163932

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Infrastructure and Utilities

What products or services does Solace Renewable Energy Private Limited offer?

Solace Renewable Energy Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Products, Solar Lamps, Solar Lantern, Street Lights, Solar Street Lights, Solar Home Light, Solar Home Light Systems, Solar Water Heater, Solarizer Solar Water Heater.

Who are the key members and board of directors at Solace Renewable Energy?

Board Members (3)

NameDesignationAppointment DateStatus
Samrat Laha Country flag representing In Director 20-Jun-2011Current
Pratyusha Pathak Country flag representing In Director 21-May-2024Current
Anish Hota Country flag representing In Director 21-May-2024Current

Financial Performance of Solace Renewable Energy.

Solace Renewable Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.57% increase. The company also saw a substantial improvement in profitability, with a 42.73% increase in profit. The company's net worth moved up by a moderate rise of 5.46%.

Solace Renewable Energy revenue growth over time
Solace Renewable Energy 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
20.57%
Revenue from Operations
20.52%
Total Assets
-3.53%
Profit or Loss
42.73%
Net Worth
5.46%
EBITDA
89.11%

What is the Ownership and Shareholding Structure of Solace Renewable Energy?

In 2023, Solace 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.87 Cr

Latest Charge Details

DateLenderAmountStatus
09 Nov 2021Others₹1.20 MOpen
04 May 2012Others₹1.75 CrOpen

How Many Employees Work at Solace Renewable Energy?

Solace Renewable Energy has a workforce of 16 employees as of Apr 08, 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.

Employee growth trends for Solace Renewable Energy Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solace 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 Solace Renewable Energy'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 Solace Renewable Energy

Recent activity within the organization

  • Director Appointment

    Pratyusha Pathak was appointed as a Director was appointed as a Director on 21 May 2024 & has been associated with this company since 9 months 14 days .

  • Director Appointment

    Anish Kumar Hota was appointed as a Director was appointed as a Director on 21 May 2024 & has been associated with this company since 9 months 14 days .

  • Annual General Meeting

    Solace Renewable Energy Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Solace Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge with Others amounted to Rs. 1.20 M with Charge ID 100506081 was registered on 09 Nov 2021.

  • Charges

    A charge with Others of Rs. 17.50 M registered on 04 May 2012 with Charge ID 10353053 was modified on 26 Jun 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Solace Renewable Energy Private Limited?

    Solace Renewable Energy Private Limited was incorporated on 20 Jun 2011.

  • What is authorized share capital and paid-up capital of Solace Renewable Energy Private Limited?

    The authorized share capital of Solace Renewable Energy Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Solace Renewable Energy Private Limited?

    Currently 3 directors are associated with Solace Renewable Energy Private Limited.

    • Samrat Laha
    • Pratyusha Pathak
    • Anish Kumar Hota

  • What is the registered address of Solace Renewable Energy Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Solace Renewable Energy Private Limited is 20, Kankulia Road India, Kolkata, West Bengal, 700029.

  • What is the corporate identification number (CIN) and company number of Solace Renewable Energy Private Limited?

    The corporate identification number (CIN) of Solace Renewable Energy Private Limited is U40106WB2011PTC163932 and the company number is 163932 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Solace Renewable Energy Private Limited?

    The Official website of Solace Renewable Energy Private Limited is https://www.solacepower.com

  • What has been the recent revenue trend for Solace Renewable Energy Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Solace Renewable Energy Private Limited has risen by 20.57%.

  • How many employees does Solace Renewable Energy Private Limited currently have?

    As Per 2023 financial reports, 16 employees are currently employed by Solace Renewable Energy Private Limited.

  • What change has been observed in the net worth of Solace Renewable Energy Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Solace Renewable Energy Private Limited has experienced an upsurge of 5.46%.

  • What are the total open charges for Solace Renewable Energy Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Solace Renewable Energy Private Limited amount to ₹ 1.87 Cr.

  • When was the last Balance Sheet of Solace Renewable Energy Private Limited filed with the ROC?

    The most recent Balance Sheet for Solace Renewable Energy Private Limited was filed with the ROC on 31 Mar 2023.

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