Torrent Solargen Profile
Key Indicators
- Authorised Capital ₹ 200.00 Cr
- Paid Up Capital ₹ 80.05 Cr
- Company Age 16 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 550.00 Cr
- Satisfied Charges ₹ 700.05 Cr
- Revenue Growth -14.57%
- Profit Growth -114.10%
- Ebitda -13.23%
- Net Worth -26.84%
- Total Assets 63.46%
About Torrent Solargen
Torrent Solargen Limited (TSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 September 2008 and has a history of 16 years and four months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Torrent Power Bhiwandi 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 200.00 Cr and a paid-up capital of Rs 80.05 Cr.
The company currently has active open charges totaling ₹550.00 Cr. The company has closed loans amounting to ₹700.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Torrent Solargen Limited India are Shimoni Shah as Ceo, Reeya Mundra as Cfo, and Rujavi Chalishajar as Company Secretary. Nisarg Shah, Lachman Lalwani, and Pradip Mehta serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U40102GJ2008PLC055000
- Company No.
055000
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Sep 2008
- Date of AGM
04 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Torrent Solargen?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shimoni Shah | CEO | 25-Jan-2022 | Current |
| Reeya Mundra | CFO | 27-Jan-2023 | Current |
Rujavi Chalishajar  | Company Secretary | 23-May-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nisarg Shah | Director | 15-Sep-2022 | Current |
| Lachman Lalwani | Director | 27-Jul-2020 | Current |
| Pradip Mehta | Director | 31-Mar-2014 | Current |
Financial Performance of Torrent Solargen.
Torrent Solargen Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.57% decrease. The company also saw a substantial fall in profitability, with a 114.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 26.84%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Torrent Solargen?
In 2023, Torrent Solargen 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)
Sunshakti Solar Power Projects Private LimitedNisarg Shah is a mutual person
Surya Vidyut LimitedNisarg Shah is a mutual person
Torrent Urja 7 Private LimitedPradip Mehta is a mutual person
Torrent Saurya Urja 2 Private LimitedNisarg Shah and Lachman Lalwani are mutual person
- Torrent Solar Power Private Limited
Nisarg Shah is a mutual person
- Torrent Pipavav Generation Limited
Pradip Mehta is a mutual person
Charges (Loans)
₹550.00 Cr
₹700.05 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 550.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2022 | Idbi Trusteeship Services Limited | ₹550.00 Cr | Open |
| 30 Nov 2021 | Others | ₹0.45 M | Satisfied |
| 17 Sep 2021 | Standard Chartered Bank | ₹700.00 Cr | Satisfied |
How Many Employees Work at Torrent Solargen?
Unlock and access historical data on people associated with Torrent Solargen, 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 Torrent Solargen, 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 Torrent Solargen'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.
