Solar Idea Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 1.65 Cr
- Company Age 10 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.48 Cr
- Revenue Growth -25.08%
- Profit Growth -33.90%
- Ebitda -26.01%
- Net Worth 6.28%
- Total Assets -27.27%
About Solar Idea
Solar Idea Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 July 2014 and has a history of Ten years and six months. Its registered office is in Hyderabad, Telangana, 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 2.25 Cr and a paid-up capital of Rs 1.65 Cr.
The company currently has active open charges totaling ₹8.48 Cr.
Bairagoni Raju, Praveen Budida, Srinivas Ravula, and One other member serve as directors at the Company.
Company Details
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U40106TG2014PTC094915
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Company No.
094915
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 Jul 2014
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
What products or services does Solar Idea Private Limited offer?
Solar Idea Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Power Plants, Generators, Turbines & Power Plants, Diesel Engine Generator Set, Pumps, Pumping Machines & Spares, Pumping Systems.
Who are the key members and board of directors at Solar Idea?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarvotham Ramreddy
|
Managing Director | 19-Jul-2014 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Bairagoni Raju
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Director | 19-Jul-2014 | Current |
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Praveen Budida
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Director | 19-Jul-2014 | Current |
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Srinivas Ravula
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Director | 19-Jul-2014 | Current |
Financial Performance of Solar Idea.
Solar Idea Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.08% decrease. The company also saw a substantial fall in profitability, with a 33.9% decrease in profit. The company's net worth moved up by a moderate rise of 6.28%.
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What is the Ownership and Shareholding Structure of Solar Idea?
In 2023, Solar Idea 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)
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Asian Poultry Tech India Private LimitedPraveen Budida is a mutual person
Charges (Loans)
₹8.48 Cr
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 8.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2016 | Canara Bank | ₹8.48 Cr | Open |
How Many Employees Work at Solar Idea?
Solar Idea has a workforce of 12 employees as of Apr 07, 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 Solar Idea, 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 Solar Idea'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.
