Thrive Solar Energy Private Limited

Manufacturer of LED-based solar power lighting and generating systems, with solutions for institutions and rural areas.

2007 | Hyderabad, Telangana (India) | Under Liquidation
Last Updated:

Thrive Solar Energy Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.18 Cr
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 27.22 Cr
  • Satisfied Charges ₹ 5.84 Cr
  • Revenue Growth -92.49%
  • Profit Growth 55.83%
  • Ebitda 49.02%
  • Net Worth -106.03%
  • Total Assets -47.37%

About Thrive Solar Energy

Thrive Solar Energy Private Limited (TSEPL) is Under Liquidation company established on 24 Feb 2007 with its office registered at Hyderabad, Telangana, India and has been running since 18 Year, 1 Month with a paid up capital of 1.18 Cr. According to MCA records, 2 Directors are linked to this company as of 23 Apr 2024.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2007PTC052954

  • Company No.

    052954

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 2007

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Energy and Power

What products or services does Thrive Solar Energy Private Limited offer?

Thrive Solar Energy Private Limited offers a wide range of products and services, including Solar Lighting, Solar LED Light, Reading Light, Solar Power Plants, Solar Photovoltaic Systems, Solar Home Light, Solar Pumps, Solar Water Pump, Solar LED Street Light, Solar Panels.

Who are the key members and board of directors at Thrive Solar Energy?

Executive Team (1)

NameDesignationAppointment DateStatus
Ranganayakulu Bodavala Country flag representing In Managing Director24-Feb-2007Current

Board Members (1)

NameDesignationAppointment DateStatus
Banda Korra Country flag representing In Director 08-Jun-2018Current

Financial Performance of Thrive Solar Energy.

Thrive Solar Energy Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 92.49% decrease. The company also saw a substantial improvement in profitability, with a 55.83% increase in profit. The company's net worth observed a substantial decline by a decrease of 106.03%.

Thrive Solar Energy revenue growth over time
Thrive Solar Energy 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
-92.49%
Revenue from Operations
-92.48%
Total Assets
-47.37%
Profit or Loss
55.83%
Net Worth
-106.03%
EBITDA
49.02%

What is the Ownership and Shareholding Structure of Thrive Solar Energy?

In 2018, Thrive Solar Energy had a promoter holding of 26.47% and a public holding of 73.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.22 Cr

Satisfied Charges

₹5.84 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Hyderabad : 23.22 Cr
  • Maanaveeya Development & Finance Private Limited : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Feb 2015Maanaveeya Development & Finance Private Limited₹4.00 CrOpen
28 Jan 2013State Bank Of Hyderabad₹23.22 CrOpen
09 Oct 2009The Catholic Syrian Bank₹5.84 CrSatisfied

How Many Employees Work at Thrive Solar Energy?

Thrive Solar Energy has a workforce of 63 employees as of Apr 02, 2024. 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.

Employee growth trends for Thrive Solar Energy Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Thrive Solar 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 Thrive Solar 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 Thrive Solar Energy

Recent activity within the organization

  • Annual General Meeting

    Thrive Solar Energy Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

  • Director Appointment

    Banda Lal Korra was appointed as a Director was appointed as a Director on 08 Jun 2018 & has been associated with this company since 6 years 9 months .

  • Balance Sheet

    Thrive Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Hyderabad.

  • Charges

    A charge with State Bank Of Hyderabad of Rs. 23.22 Cr registered on 28 Jan 2013 with Charge ID 10405451 was modified on 31 Mar 2015.

  • Charges

    A charge with Maanaveeya Development & Finance Private Limited amounted to Rs. 4.00 Cr with Charge ID 10566995 was registered on 17 Feb 2015.

  • Charges

    A charge registered on 09 Oct 2009 via Charge ID 10183274 with The Catholic Syrian Bank was fully satisfied on 29 Jan 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Thrive Solar Energy Private Limited?

    Thrive Solar Energy Private Limited was incorporated on 24 Feb 2007.

  • What is authorized share capital and paid-up capital of Thrive Solar Energy Private Limited?

    The authorized share capital of Thrive Solar Energy Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.18 Cr.

  • Who are the current board members & directors of Thrive Solar Energy Private Limited?

    Currently 2 directors are associated with Thrive Solar Energy Private Limited.

    • Banda Lal Korra
    • Ranganayakulu Bodavala
  • What is the registered address of Thrive Solar Energy Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Thrive Solar Energy Private Limited is Pno-38/BPartIda Phase-1, Cherlapally, Hyderabad, Telangana, India, 500051.

  • What is the corporate identification number (CIN) and company number of Thrive Solar Energy Private Limited?

    The corporate identification number (CIN) of Thrive Solar Energy Private Limited is U72200TG2007PTC052954 and the company number is 052954 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Thrive Solar Energy Private Limited?

    The Official website of Thrive Solar Energy Private Limited is https://www.thriveenergy.co.in

  • What has been the recent revenue trend for Thrive Solar Energy Private Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Thrive Solar Energy Private Limited has fallen by -92.49%.

  • How many employees does Thrive Solar Energy Private Limited currently have?

    As Per 2018 financial reports, 63 employees are currently employed by Thrive Solar Energy Private Limited.

  • What change has been observed in the net worth of Thrive Solar Energy Private Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Thrive Solar Energy Private Limited has experienced an downturn of -106.03%.

  • What are the total open charges for Thrive Solar Energy Private Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Thrive Solar Energy Private Limited amount to ₹ 27.22 Cr.

  • When was the last Balance Sheet of Thrive Solar Energy Private Limited filed with the ROC?

    The most recent Balance Sheet for Thrive Solar Energy Private Limited was filed with the ROC on 31 Mar 2018.