Solnova Power Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 10.00 Cr
as on 16-11-2024
- Company Age 11 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.07 Cr
as on 16-11-2024
- Satisfied Charges ₹ 15.00 Cr
as on 16-11-2024
- Revenue -21.36%
(FY 2023)
- Profit -696.72%
(FY 2023)
- Ebitda -46.84%
(FY 2023)
- Net Worth -6.81%
(FY 2023)
- Total Assets -8.59%
(FY 2023)
About Solnova Power
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 10.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹8.07 Cr. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Varun Kancharla and Siddharth Kancharla serve as directors at the Company.
- CIN/LLPIN
U40108TG2013PTC089370
- Company No.
089370
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Aug 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Solnova Power?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varun Kancharla  | Director | 08-Aug-2013 | Current |
| Siddharth Kancharla | Director | 08-Aug-2013 | Current |
Financial Performance of Solnova Power.
Solnova Power Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.36% decrease. The company also saw a substantial fall in profitability, with a 696.72% decrease in profit. The company's net worth dipped by a decrease of 6.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Solnova Power?
In 2023, Solnova 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.
Related Corporates (Common Directorship)
- Celebrityprime Infracon India Private LimitedActive 10 years 1 month
Varun Kancharla and Siddharth Kancharla are mutual person
- Asvasidh Novateur Developers Private LimitedActive 12 years 7 months
Varun Kancharla and Siddharth Kancharla are mutual person
- Primeestate Developers & Builders Private LimitedActive 18 years 5 months
Varun Kancharla and Siddharth Kancharla are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 12 May 2021 | ₹0.71 M | Open |
Hdfc Bank Limited Creation Date: 08 Oct 2020 | ₹8.00 Cr | Open |
Others Creation Date: 29 Feb 2016 | ₹15.00 Cr | Satisfied |
How Many Employees Work at Solnova Power?
Unlock and access historical data on people associated with Solnova Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Solnova 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 Solnova Power'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.
