Solarsys Renewable Energy Private Limited

Renewable energy company specializing in solar power generation.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: July 25, 2024

Solarsys Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 76.00 Cr
  • Revenue Growth %
  • Profit Growth -250.49%
  • Ebitda 58.57%
  • Net Worth -27.82%
  • Total Assets -9.32%

About Solarsys Renewable Energy

Solarsys Renewable Energy Private Limited (SREPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 December 2004 and has a history of 20 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mount Shikhar Insurance Brokers Private Limited. 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹76.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kailash Mali, Jeraz Mahernosh, and Prashant Joshi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2004PTC325049

  • Company No.

    325049

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 2004

  • Date of AGM

    26 Sep 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 Solarsys Renewable Energy?

Board Members (3)

NameDesignationAppointment DateStatus
Prashant Joshi Country flag representing In Director 16-Jun-2022Current
Kailash Mali Country flag representing In Director 13-Oct-2021Current
Jeraz Mahernosh Country flag representing In Director 26-Jun-2018Current

Financial Performance of Solarsys Renewable Energy.

Solarsys Renewable Energy Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 250.49% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.82%.

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
Revenue from Operations
Total Assets
-9.32%
Profit or Loss
-250.49%
Net Worth
-27.82%
EBITDA
58.57%

What is the Ownership and Shareholding Structure of Solarsys Renewable Energy?

In 2023, Solarsys Renewable Energy had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹760.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 76.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Aug 2017Hdfc Bank Limited₹76.00 CrSatisfied

How Many Employees Work at Solarsys Renewable Energy?

Unlock and access historical data on people associated with Solarsys Renewable Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solarsys Renewable 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 Solarsys Renewable Energy'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 Solarsys Renewable Energy

Recent activity within the organization

  • Charges

    A charge registered on 09 Aug 2017 via Charge ID 100129637 with Hdfc Bank Limited was fully satisfied on 19 Mar 2024.

    19 Mar 2024

  • Annual General Meeting

    Solarsys Renewable Energy Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Solarsys Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Prashant Vasant Joshi was appointed as a Director was appointed as a Director on 16 Jun 2022 & has been associated with this company since 2 years 7 months .

    16 Jun 2022

  • Director Appointment

    Kailash Pati Mali was appointed as a Director was appointed as a Director on 13 Oct 2021 & has been associated with this company since 3 years 3 months .

    13 Oct 2021

  • Director Appointment

    Jeraz Eruch Mahernosh was appointed as a Director was appointed as a Director on 26 Jun 2018 & has been associated with this company since 6 years 7 months .

    26 Jun 2018

Frequently asked questions

  • Solarsys Renewable Energy Private Limited was incorporated on 08 Dec 2004.

  • The authorized share capital of Solarsys Renewable Energy Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Solarsys Renewable Energy Private Limited.

    • Kailash Pati Mali
    • Jeraz Eruch Mahernosh
    • Prashant Vasant Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solarsys Renewable Energy Private Limited is C/O The Tata Power Company Limited Corporate Center B 34 Sant Tukaram Road Carnac B, Under, Mumbai, Maharashtra, India, 400009.

  • The corporate identification number (CIN) of Solarsys Renewable Energy Private Limited is U74999MH2004PTC325049 and the company number is 325049 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solarsys Renewable Energy Private Limited is https://www.tatapower.com

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solarsys Renewable Energy Private Limited has experienced an downturn of -27.82%.

  • The most recent Balance Sheet for Solarsys Renewable Energy Private Limited was filed with the ROC on 31 Mar 2023.

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