Solarsquare Energy Profile
Key Indicators
- Authorised Capital ₹ 1.32 Cr
- Paid Up Capital ₹ 2.76 M
- Company Age 9 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 70.00 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 11 months 7 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 1.32 Cr and a paid-up capital of Rs 2.76 M.
The company currently has active open charges totaling ₹70.00 Cr. The company has closed loans amounting to ₹18.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mukul Arora, Shreya Mishra, Nikhil Nahar, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40104MH2015PTC264250
- Company No.
264250
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 May 2015
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Energy and Power
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.
Solarsquare Energy Private Limited
Explore comprehensive data for Solarsquare Energy Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Solarsquare Energy?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Neeraj Jain  | Managing Director | 08-May-2015 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nikhil Nahar | Director | 08-Aug-2015 | Current |
| Mukul Arora | Director | 12-Nov-2022 | Current |
| Shreya Mishra | Whole-Time Director | 07-Apr-2021 | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Valuedrive Technologies Private LimitedMukul Arora is a mutual person
Mosaic Wellness Private LimitedMukul Arora is a mutual person
Cmunity Innovations Private LimitedMukul Arora is a mutual person
- R K Financial Services Private Limited
Mukul Arora is a mutual person
Charges (Loans)
Open Charges
₹70.00 Cr
Satisfied Charges
₹18.90 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 25.00 Cr
- Others : 25.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2025 | Others | ₹10.00 Cr | Open |
| 28 Jan 2025 | The Hongkong And Shanghai Banking Corporation Limited | ₹20.00 Cr | Open |
| 30 Apr 2024 | Others | ₹5.00 Cr | Open |
| 03 Nov 2022 | Others | ₹10.00 Cr | Open |
| 26 Jul 2018 | Yes Bank Limited | ₹25.00 Cr | Open |
How Many Employees Work at Solarsquare Energy?
Solarsquare Energy has a workforce of 699 employees as of Feb 27, 2025. 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.
Latest Updates, News, and FAQs on Solarsquare Energy
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101049387 was registered on 14 Feb 2025.
- Charges
A charge with Yes Bank Limited of Rs. 25.00 Cr registered on 26 Jul 2018 with Charge ID 100224707 was modified on 11 Feb 2025.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 20.00 Cr with Charge ID 101042422 was registered on 28 Jan 2025.
- Annual General Meeting
Solarsquare Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100925195 was registered on 30 Apr 2024.
- Balance Sheet
Solarsquare Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Solarsquare Energy Private Limited?
Solarsquare Energy Private Limited was incorporated on 08 May 2015.
What is authorized share capital and paid-up capital of Solarsquare Energy Private Limited?
The authorized share capital of Solarsquare Energy Private Limited is ₹ 1.32 Cr and paid-up capital is ₹ 2.76 M.
Who are the current board members & directors of Solarsquare Energy Private Limited?
Currently 4 directors are associated with Solarsquare Energy Private Limited.
- Mukul Arora
- Shreya Mishra
- Nikhil Satejlal Nahar
- Neeraj Subhash Jain
What is the registered address of Solarsquare Energy Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Solarsquare Energy Private Limited is G 3 B Wing Hetkunj V.P.Road Fidai Baugh Lane Opp. Vithal Kunj, Andheri (West) India, Mumbai, Maharashtra, 400058.
What is the corporate identification number (CIN) and company number of Solarsquare Energy Private Limited?
The corporate identification number (CIN) of Solarsquare Energy Private Limited is U40104MH2015PTC264250 and the company number is 264250 as per Ministry of Corporate Affairs (MCA).
What is the official website of Solarsquare Energy Private Limited?
The Official website of Solarsquare Energy Private Limited is https://www.solarsquare.in
What has been the recent revenue trend for Solarsquare Energy Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Solarsquare Energy Private Limited has risen by 64.27%.
How many employees does Solarsquare Energy Private Limited currently have?
As Per 2024 financial reports, 699 employees are currently employed by Solarsquare Energy Private Limited.
What change has been observed in the net worth of Solarsquare Energy Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Solarsquare Energy Private Limited has experienced an downturn of -37.97%.
What are the total open charges for Solarsquare Energy Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Solarsquare Energy Private Limited amount to ₹ 70.00 Cr.
When was the last Balance Sheet of Solarsquare Energy Private Limited filed with the ROC?
The most recent Balance Sheet for Solarsquare Energy Private Limited was filed with the ROC on 31 Mar 2024.
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