Solarinertia Power Private Limited

Designs, implements, and maintains customized solar power projects with end-to-end solutions and services.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: July 18, 2024

Solarinertia Power Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.13 M
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.50 Cr
  • Revenue Growth 37.64%
  • Profit Growth 3141.68%
  • Ebitda 313.29%
  • Net Worth 27.36%
  • Total Assets -52.37%

About Solarinertia Power

Solarinertia Power Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 March 2016 (Eight years and 11 months 14 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Energy And Power 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 5.00 M and a paid-up capital of Rs 3.13 M.

The company currently has active open charges totaling ₹1.50 Cr.

Rishi Barasia and Ankit Barasia serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    solarinertia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900MH2016PTC274301

  • Company No.

    274301

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Solarinertia Power Private Limited offer?

Solarinertia Power Private Limited offers a wide range of products and services, including Solar Power Plants, Solar Photovoltaic Systems, Solar Power Systems, Solar Pumps.

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

Board Members (2)

NameDesignationAppointment DateStatus
Rishi Barasia Country flag representing In Director 13-Mar-2016Current
Ankit Barasia Country flag representing In Director 13-Mar-2016Current

Financial Performance of Solarinertia Power.

Solarinertia Power Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.64% increase. The company also saw a substantial improvement in profitability, with a 3141.68% increase in profit. The company's net worth Soared by an impressive increase of 27.36%.

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
37.64%
Revenue from Operations
36.63%
Total Assets
-52.37%
Profit or Loss
3141.68%
Net Worth
27.36%
EBITDA
313.29%

What is the Ownership and Shareholding Structure of Solarinertia Power?

In 2022, Solarinertia Power 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

₹15.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jan 2024Yes Bank Limited₹1.50 CrOpen

How Many Employees Work at Solarinertia Power?

Solarinertia Power has a workforce of 21 employees as of Apr 06, 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 Solarinertia 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 Solarinertia 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 Solarinertia Power

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 15.00 M with Charge ID 100852367 was registered on 15 Jan 2024.

    15 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Solarinertia Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Rishi Kumar Barasia was appointed as a Director was appointed as a Director on 13 Mar 2016 & has been associated with this company since 8 years 11 months .

    13 Mar 2016

  • Director Appointment

    Ankit Rishikumar Barasia was appointed as a Director was appointed as a Director on 13 Mar 2016 & has been associated with this company since 8 years 11 months .

    13 Mar 2016

  • Company Incorporation

    Solarinertia Power Private Limited was registered on 13 Mar 2016 with Roc Mumbai & aged 8 years 11 months as per MCA records.

    13 Mar 2016

Frequently asked questions

  • Solarinertia Power Private Limited was incorporated on 13 Mar 2016.

  • The authorized share capital of Solarinertia Power Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.13 M.

  • Currently 2 directors are associated with Solarinertia Power Private Limited.

    • Rishi Kumar Barasia
    • Ankit Rishikumar Barasia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solarinertia Power Private Limited is 5B/154 Mittal Estate A.K. Road Andheri (E) Mumbai, Maharashtra, India, 400059.

  • The corporate identification number (CIN) of Solarinertia Power Private Limited is U74900MH2016PTC274301 and the company number is 274301 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solarinertia Power Private Limited is https://www.solarinertia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solarinertia Power Private Limited has risen by 37.64%.

  • As Per 2023 financial reports, 21 employees are currently employed by Solarinertia Power Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solarinertia Power Private Limited has experienced an upsurge of 27.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Solarinertia Power Private Limited amount to ₹ 1.50 Cr.

  • The most recent Balance Sheet for Solarinertia Power Private Limited was filed with the ROC on 31 Mar 2023.