Solonox Renewables Private Limited

Solar energy company specializing in manufacturing, trading, and installation of solar systems.

2018 | Thane, Maharashtra (India) | Active
Last Updated: June 25, 2024

Solonox Renewables Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.50 M
  • Revenue Growth -33.35%
  • Profit Growth -21.38%
  • Ebitda -5.06%
  • Net Worth 18.53%
  • Total Assets -8.49%

About Solonox Renewables

Solonox Renewables Private Limited (SRPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 August 2018 (Six years and five months 10 days old ). Its registered office is in Thane, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.50 M.

Ashish Deshpande and Sujit Vilas serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40300MH2018PTC313022

  • Company No.

    313022

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

Who are the key members and board of directors at Solonox Renewables?

Board Members (2)

Name Designation Appointment Date Status
Ashish Deshpande Country flag representing In Director 24-Aug-2018 Current
Sujit Vilas Country flag representing In Director 24-Aug-2018 Current

Financial Performance of Solonox Renewables.

Solonox Renewables Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.35% decrease. The company also saw a substantial fall in profitability, with a 21.38% decrease in profit. The company's net worth Soared by an impressive increase of 18.53%.

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
-33.35%
Revenue from Operations
-33.34%
Total Assets
-8.49%
Profit or Loss
-21.38%
Net Worth
18.53%
EBITDA
-5.06%

What is the Ownership and Shareholding Structure of Solonox Renewables?

In 2023, Solonox Renewables had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
27 Jan 2020 Others ₹2.50 M Open

How Many Employees Work at Solonox Renewables?

Unlock and access historical data on people associated with Solonox Renewables, 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 Solonox Renewables, 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 Solonox Renewables'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 Solonox Renewables

Recent activity within the organization

  • Annual General Meeting

    Solonox Renewables Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Solonox Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 2.50 M registered on 27 Jan 2020 with Charge ID 100318224 was modified on 07 Oct 2021.

    07 Oct 2021

  • Charges

    A charge with Others amounted to Rs. 2.50 M with Charge ID 100318224 was registered on 27 Jan 2020.

    27 Jan 2020

  • Director Appointment

    Ashish Anil Deshpande was appointed as a Director was appointed as a Director on 24 Aug 2018 & has been associated with this company since 6 years 5 months .

    24 Aug 2018

  • Director Appointment

    Sujit Deshpande Vilas was appointed as a Director was appointed as a Director on 24 Aug 2018 & has been associated with this company since 6 years 5 months .

    24 Aug 2018

Frequently asked questions

  • Solonox Renewables Private Limited was incorporated on 24 Aug 2018.

  • The authorized share capital of Solonox Renewables Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Solonox Renewables Private Limited.

    • Ashish Anil Deshpande
    • Sujit Deshpande Vilas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solonox Renewables Private Limited is Govardhan Dham Panchpakhadi Blk 201 Lbs Road, Thane, Maharashtra, India, 400601.

  • The corporate identification number (CIN) of Solonox Renewables Private Limited is U40300MH2018PTC313022 and the company number is 313022 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solonox Renewables Private Limited has fallen by -33.35%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solonox Renewables Private Limited has experienced an upsurge of 18.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Solonox Renewables Private Limited amount to ₹ 2.50 M.

  • The most recent Balance Sheet for Solonox Renewables Private Limited was filed with the ROC on 31 Mar 2023.