Solnova Power Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 11 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.07 Cr
- Satisfied Charges ₹ 15.00 Cr
- Revenue Growth -21.36%
- Profit Growth -696.72%
- Ebitda -46.84%
- Net Worth -6.81%
- Total Assets -8.59%
About Solnova Power
Solnova Power Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 August 2013 and has a history of 11 years and seven months. Its registered office is in Rangareddy, Telangana, India.
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.
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Environment
Solnova Power Private Limited
Explore comprehensive data for Solnova Power Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
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- Cash Flow
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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.
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Charges (Loans)
Open Charges
₹8.07 Cr
Satisfied Charges
₹15.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 8.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 May 2021 | Hdfc Bank Limited | ₹0.71 M | Open |
| 08 Oct 2020 | Hdfc Bank Limited | ₹8.00 Cr | Open |
| 29 Feb 2016 | Others | ₹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.
Latest Updates, News, and FAQs on Solnova Power
Recent activity within the organization
- Annual General Meeting
Solnova Power Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Solnova Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge with Hdfc Bank Limited of Rs. 8.00 Cr registered on 08 Oct 2020 with Charge ID 100415993 was modified on 02 Mar 2022.
- Charges
A charge registered on 29 Feb 2016 via Charge ID 100018934 with Others was fully satisfied on 28 Jul 2021.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100452283 was registered on 12 May 2021.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100415993 was registered on 08 Oct 2020.
Frequently asked questions
What is the Incorporation or founding date of Solnova Power Private Limited?
Solnova Power Private Limited was incorporated on 08 Aug 2013.
What is authorized share capital and paid-up capital of Solnova Power Private Limited?
The authorized share capital of Solnova Power Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.
Who are the current board members & directors of Solnova Power Private Limited?
Currently 2 directors are associated with Solnova Power Private Limited.
- Varun Kancharla
- Siddharth Kancharla
What is the registered address of Solnova Power Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Solnova Power Private Limited is Plot No. 137 Asvasidh Abode Jv Colony, Gachibowli India, Hyderabad, Telangana, 500032.
What is the corporate identification number (CIN) and company number of Solnova Power Private Limited?
The corporate identification number (CIN) of Solnova Power Private Limited is U40108TG2013PTC089370 and the company number is 089370 as per Ministry of Corporate Affairs (MCA).
What is the official website of Solnova Power Private Limited?
The Official website of Solnova Power Private Limited is https://www.solnovapower.com
What has been the recent revenue trend for Solnova Power Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Solnova Power Private Limited has fallen by -21.36%.
What change has been observed in the net worth of Solnova Power Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Solnova Power Private Limited has experienced an downturn of -6.81%.
What are the total open charges for Solnova Power Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Solnova Power Private Limited amount to ₹ 8.07 Cr.
When was the last Balance Sheet of Solnova Power Private Limited filed with the ROC?
The most recent Balance Sheet for Solnova Power Private Limited was filed with the ROC on 31 Mar 2023.
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