Solarsquare Energy Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 0.72 M
- Company Age 9 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 53.38 Cr
- Satisfied Charges ₹ 18.90 Cr
- Revenue Growth 64.27%
- Profit Growth -129.75%
- Ebitda -68.13%
- Net Worth -37.97%
- Total Assets -6.92%
About Solarsquare Energy
Solarsquare Energy Private Limited (SEPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 08 May 2015 (Nine years and eight months 26 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 0.72 M.
The company currently has active open charges totaling ₹53.38 Cr. The company has closed loans amounting to ₹18.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nikhil Nahar, Neeraj Jain, Shreya Mishra, and One other member serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U40104MH2015PTC264250
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Company No.
264250
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
08 May 2015
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Solarsquare Energy Private Limited offer?
Solarsquare Energy Private Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Project Consultants, Repair & Maintenance Services, Plant Maintenance Services, Solar Power Plant Installation, Solar Installation, Tax Consultancy Service, Taxation Consultant, Electrical & Electronic Test Devices, Energy Meter.
Who are the key members and board of directors at Solarsquare Energy?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Neeraj Jain
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Managing Director | 08-May-2015 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Nikhil Nahar
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Director | 08-Aug-2015 | Current |
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Shreya Mishra
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Director | 07-Apr-2021 | Current |
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Mukul Arora
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Director | 12-Nov-2022 | Current |
Financial Performance of Solarsquare Energy.
Solarsquare Energy Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 64.27% increase. The company also saw a substantial fall in profitability, with a 129.75% decrease in profit. The company's net worth observed a substantial decline by a decrease of 37.97%.
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What is the Ownership and Shareholding Structure of Solarsquare Energy?
In 2024, Solarsquare Energy had a promoter holding of 91.39% and a public holding of 8.60%. 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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Valuedrive Technologies Private LimitedMukul Arora is a mutual person
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Mosaic Wellness Private LimitedMukul Arora is a mutual person
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Cmunity Innovations Private LimitedMukul Arora is a mutual person
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R K Financial Services Private Limited
Mukul Arora is a mutual person
Charges (Loans)
₹53.38 Cr
₹18.90 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 38.38 Cr
- Others : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2024 | Others | ₹5.00 Cr | Open |
| 03 Nov 2022 | Others | ₹10.00 Cr | Open |
| 26 Jul 2018 | Yes Bank Limited | ₹38.38 Cr | Open |
| 13 Sep 2017 | State Bank Of India | ₹18.90 Cr | Satisfied |
How Many Employees Work at Solarsquare Energy?
Solarsquare Energy has a workforce of 236 employees as of Dec 05, 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 Solarsquare 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 Solarsquare Energy'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.
