Solaire Power Private Limited

Founded in 2015 and headquartered in Maharashtra, India.

2015 | Mumbai, Maharashtra (India) | Active
Last Updated: December 18, 2024

Solaire Power Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 19.98 Cr
  • Company Age 9 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 78.34 Cr
  • Satisfied Charges ₹ 254.99 Cr
  • Revenue Growth -3.37%
  • Profit Growth -3.61%
  • Ebitda -8.73%
  • Net Worth -0.56%
  • Total Assets -1.41%

About Solaire Power

Solaire Power Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 March 2015 (Nine years and 11 months 16 days old ). Its registered office is in Mumbai, Maharashtra, 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 20.00 Cr and a paid-up capital of Rs 19.98 Cr.

The company currently has active open charges totaling ₹78.34 Cr. The company has closed loans amounting to ₹254.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Solaire Power Private Limited India is Supriya Hakkae as COMPANY SECRETARY. Apoorv Darji, Viral Dholakia, Kevinkumar Chothani, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    solairedirect.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900MH2015PTC374420

  • Company No.

    154279

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 2015

  • Date of AGM

    22 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment

Who are the key members and board of directors at Solaire Power?

Executive Team (1)

NameDesignationAppointment DateStatus
Supriya Hakkae Company Secretary13-Mar-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Viral Dholakia Country flag representing In Director 22-Mar-2021Current
Prakash Morankar Country flag representing In Director 20-Jan-2022Current
Apoorv Darji Country flag representing In Director 22-Mar-2021Current
Kevinkumar Chothani Country flag representing In Director 22-Mar-2021Current

Financial Performance of Solaire Power.

Solaire Power Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 3.37% decrease. The company also saw a slight decrease in profitability, with a 3.61% decrease in profit. The company's net worth dipped by a decrease of 0.56%.

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
-3.37%
Revenue from Operations
-5.97%
Total Assets
-1.41%
Profit or Loss
-3.61%
Net Worth
-0.56%
EBITDA
-8.73%

What is the Ownership and Shareholding Structure of Solaire Power?

In 2023, Solaire Power had a promoter holding of 74.00% and a public holding of 26.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹78.34 Cr

Satisfied Charges

₹254.99 Cr

Charges Breakdown by Lending Institutions

  • Others : 78.34 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2023Others₹78.34 CrOpen
26 Dec 2017Others₹128.50 CrSatisfied
19 May 2017Others₹9.50 CrSatisfied
26 Mar 2016Others₹116.99 CrSatisfied

How Many Employees Work at Solaire Power?

Solaire Power has a workforce of 1 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 Solaire Power, 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 Solaire Power'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 Solaire Power

Recent activity within the organization

  • Annual General Meeting

    Solaire Power Private Limited last Annual general meeting of members was held on 22 Jul 2024 as per latest MCA records.

    22 Jul 2024

  • Balance Sheet

    Solaire Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Supriya Hakkae was appointed as a Company Secretary was appointed as a Company Secretary on 13 Mar 2024 & has been associated with this company since 11 months 11 days .

    13 Mar 2024

  • Charges

    A charge with Others of Rs. 78.34 Cr registered on 18 Jan 2023 with Charge ID 100674310 was modified on 11 Sep 2023.

    11 Sep 2023

  • Charges

    A charge registered on 26 Dec 2017 via Charge ID 100153251 with Others was fully satisfied on 27 Apr 2023.

    27 Apr 2023

  • Charges

    A charge with Others amounted to Rs. 78.34 Cr with Charge ID 100674310 was registered on 18 Jan 2023.

    18 Jan 2023

Frequently asked questions

  • Solaire Power Private Limited was incorporated on 09 Mar 2015.

  • The authorized share capital of Solaire Power Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 19.98 Cr.

  • Currently 5 directors are associated with Solaire Power Private Limited.

    • Apoorv Vinodbhai Darji
    • Viral Dholakia
    • Kevinkumar Parshottambhai Chothani
    • Prakash Balkrishna Morankar
    • Supriya Hakkae
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solaire Power Private Limited is 504 505 5Th Floor Windsor Off Cst Road Kalina Santacruz (East), India, Mumbai, Maharashtra, 400098.

  • The corporate identification number (CIN) of Solaire Power Private Limited is U74900MH2015PTC374420 and the company number is 154279 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solaire Power Private Limited is https://www.solairedirect.in

  • According to the financial reports for the fiscal year 2024, the revenue trend for Solaire Power Private Limited has fallen by -3.37%.

  • As Per 2024 financial reports, 1 employees are currently employed by Solaire Power Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Solaire Power Private Limited has experienced an downturn of -0.56%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Solaire Power Private Limited amount to ₹ 78.34 Cr.

  • The most recent Balance Sheet for Solaire Power Private Limited was filed with the ROC on 31 Mar 2024.

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