Solairedirect Projects India Private Limited

Solar energy company with 15.75 MW project in Punjab.

2013 | Mumbai, Maharashtra (India) | Active
Last Updated: July 25, 2024

Solairedirect Projects India Profile

Key Indicators

  • Authorised Capital ₹ 38.00 Cr
  • Paid Up Capital ₹ 20.00 Cr
  • Company Age 11 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 69.52 Cr
  • Satisfied Charges ₹ 236.01 Cr
  • Revenue Growth -4.10%
  • Profit Growth 71.98%
  • Ebitda -10.59%
  • Net Worth 9.88%
  • Total Assets -7.54%

About Solairedirect Projects India

Solairedirect Projects India Private Limited (SPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 September 2013 and has a history of 11 years and four months. 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 2023. It's a company limited by shares with an authorized capital of Rs 38.00 Cr and a paid-up capital of Rs 20.00 Cr.

The company currently has active open charges totaling ₹69.52 Cr. The company has closed loans amounting to ₹236.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Solairedirect Projects India Private Limited India is Khadija Indorewala 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
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900MH2013PTC378827

  • Company No.

    258285

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2013

  • Date of AGM

    17 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment

Who are the key members and board of directors at Solairedirect Projects India?

Executive Team (1)

Name Designation Appointment Date Status
Khadija Indorewala Company Secretary 13-Mar-2024 Current

Board Members (4)

Name Designation Appointment Date Status
Viral Dholakia Country flag representing In Director 22-Mar-2021 Current
Prakash Morankar Country flag representing In Director 20-Jan-2022 Current
Apoorv Darji Country flag representing In Director 22-Mar-2021 Current
Kevinkumar Chothani Country flag representing In Director 22-Mar-2021 Current

Financial Performance of Solairedirect Projects India.

Solairedirect Projects India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.1% decrease. The company also saw a substantial improvement in profitability, with a 71.98% increase in profit. The company's net worth moved up by a moderate rise of 9.88%.

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
-4.10%
Revenue from Operations
-1.89%
Total Assets
-7.54%
Profit or Loss
71.98%
Net Worth
9.88%
EBITDA
-10.59%

What is the Ownership and Shareholding Structure of Solairedirect Projects India?

In 2023, Solairedirect Projects India 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

₹69.52 Cr

Satisfied Charges

₹236.01 Cr

Charges Breakdown by Lending Institutions

  • Others : 69.52 Cr

Latest Charge Details

Date Lender Amount Status
18 Jan 2023 Others ₹69.52 Cr Open
26 Dec 2017 Others ₹123.50 Cr Satisfied
15 Dec 2014 Others ₹112.50 Cr Satisfied
28 Oct 2014 The Hongkong And Shanghai Banking Corporation Limited ₹0.10 M Satisfied

How Many Employees Work at Solairedirect Projects India?

Solairedirect Projects India has a workforce of 1 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solairedirect Projects India, 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 Solairedirect Projects India'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 Solairedirect Projects India

Recent activity within the organization

  • Director Appointment

    Khadija Mushtaali Indorewala was appointed as a Company Secretary was appointed as a Company Secretary on 13 Mar 2024 & has been associated with this company since 10 months 20 days .

    13 Mar 2024

  • Charges

    A charge with Others of Rs. 69.52 Cr registered on 18 Jan 2023 with Charge ID 100674448 was modified on 11 Sep 2023.

    11 Sep 2023

  • Annual General Meeting

    Solairedirect Projects India Private Limited last Annual general meeting of members was held on 17 Jul 2023 as per latest MCA records.

    17 Jul 2023

  • Charges

    A charge registered on 26 Dec 2017 via Charge ID 100153361 with Others was fully satisfied on 27 Apr 2023.

    27 Apr 2023

  • Balance Sheet

    Solairedirect Projects India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 69.52 Cr with Charge ID 100674448 was registered on 18 Jan 2023.

    18 Jan 2023

Frequently asked questions

  • Solairedirect Projects India Private Limited was incorporated on 20 Sep 2013.

  • The authorized share capital of Solairedirect Projects India Private Limited is ₹ 38.00 Cr and paid-up capital is ₹ 20.00 Cr.

  • Currently 5 directors are associated with Solairedirect Projects India Private Limited.

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

  • The corporate identification number (CIN) of Solairedirect Projects India Private Limited is U74900MH2013PTC378827 and the company number is 258285 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solairedirect Projects India Private Limited is https://www.solairdirect.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solairedirect Projects India Private Limited has fallen by -4.10%.

  • As Per 2023 financial reports, 1 employees are currently employed by Solairedirect Projects India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solairedirect Projects India Private Limited has experienced an upsurge of 9.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Solairedirect Projects India Private Limited amount to ₹ 69.52 Cr.

  • The most recent Balance Sheet for Solairedirect Projects India Private Limited was filed with the ROC on 31 Mar 2023.

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