Wardha Solar (Maharashtra) Private Limited

Solar energy company implementing 350 MW projects in Karnataka.

2016 | Gandhi Nagar, Gujarat (India) | Active
Last Updated: October 24, 2024

Wardha Solar (Maharashtra) Profile

Key Indicators

  • Authorised Capital ₹ 280.00 Cr
  • Paid Up Capital ₹ 277.01 Cr
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,841.60 Cr
  • Satisfied Charges ₹ 1,950.00 Cr
  • Revenue Growth 4.32%
  • Profit Growth 4.53%
  • Ebitda -21.23%
  • Net Worth 25.42%
  • Total Assets 7.60%

About Wardha Solar (Maharashtra)

Wardha Solar (Maharashtra) Private Limited (WSMPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 March 2016 (Eight years and ten months 15 days old ). Its registered office is in Gandhi Nagar, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 280.00 Cr and a paid-up capital of Rs 277.01 Cr.

The company currently has active open charges totaling ₹2,841.60 Cr. The company has closed loans amounting to ₹1,950.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Wardha Solar (Maharashtra) Private Limited India are Ankit Shah as CFO and Vishal Kotecha as Company Secretary. Ravi Kapoor, Abhilash Mehta, Sushama Oza, and Two other members serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40106GJ2016PTC086499

  • Company No.

    086499

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 2016

  • Date of AGM

    24 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Environment

Who are the key members and board of directors at Wardha Solar (Maharashtra)?

Executive Team (2)

NameDesignationAppointment DateStatus
Ankit Shah Country flag representing In CFO08-Mar-2019Current
Vishal Kotecha Company Secretary05-Jan-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Ravi Kapoor Country flag representing In Director 31-Mar-2021Current
Abhilash Mehta Country flag representing In Whole-Time Director 17-Mar-2016Current
Sushama Oza Country flag representing In Director 08-Nov-2017Current
Dipak Gupta Country flag representing In Director 31-Mar-2021Current
Devenchandra Vyas Country flag representing In Director 29-Jun-2023Current

Financial Performance of Wardha Solar (Maharashtra).

Wardha Solar (Maharashtra) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.32% increase. The company also saw a slight improvement in profitability, with a 4.53% increase in profit. The company's net worth Soared by an impressive increase of 25.42%.

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
4.32%
Revenue from Operations
0.98%
Total Assets
7.60%
Profit or Loss
4.53%
Net Worth
25.42%
EBITDA
-21.23%

What is the Ownership and Shareholding Structure of Wardha Solar (Maharashtra)?

In 2023, Wardha Solar (Maharashtra) 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

₹2,841.60 Cr

Satisfied Charges

₹1,950.00 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 2584.35 Cr
  • Others : 257.25 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jan 2020Others₹36.75 CrOpen
09 Jan 2020Idbi Trusteeship Services Limited₹2,584.35 CrOpen
30 Dec 2019Others₹29.40 CrOpen
26 Dec 2019Others₹7.35 CrOpen
26 Dec 2019Others₹36.75 CrOpen

How Many Employees Work at Wardha Solar (Maharashtra)?

Wardha Solar (Maharashtra) has a workforce of 30 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wardha Solar (Maharashtra), 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 Wardha Solar (Maharashtra)'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 Wardha Solar (Maharashtra)

Recent activity within the organization

  • Annual General Meeting

    Wardha Solar (Maharashtra) Private Limited last Annual general meeting of members was held on 24 Jun 2024 as per latest MCA records.

    24 Jun 2024

  • Balance Sheet

    Wardha Solar (Maharashtra) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 2,584.35 Cr registered on 09 Jan 2020 with Charge ID 100315353 was modified on 27 Feb 2024.

    27 Feb 2024

  • Director Appointment

    Devenchandra Sharadchandra Vyas was appointed as a Director was appointed as a Director on 29 Jun 2023 & has been associated with this company since 1 year 7 months .

    29 Jun 2023

  • Charges

    A charge with Others of Rs. 36.75 Cr registered on 23 Jan 2020 with Charge ID 100317143 was modified on 14 Jul 2021.

    14 Jul 2021

  • Charges

    A charge with Others of Rs. 29.40 Cr registered on 30 Dec 2019 with Charge ID 100312731 was modified on 14 Jul 2021.

    14 Jul 2021

Frequently asked questions

  • Wardha Solar (Maharashtra) Private Limited was incorporated on 17 Mar 2016.

  • The authorized share capital of Wardha Solar (Maharashtra) Private Limited is ₹ 280.00 Cr and paid-up capital is ₹ 277.01 Cr.

  • Currently 7 directors are associated with Wardha Solar (Maharashtra) Private Limited.

    • Ravi Kapoor
    • Abhilash Mehta
    • Sushama Ashvin Oza
    • Dipak Gupta
    • Devenchandra Sharadchandra Vyas
    • Ankit Mohanlal Shah
    • Vishal Sunil Kotecha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wardha Solar (Maharashtra) Private Limited is Adani Corporate House Shantigram Nr. Vaishno Devi Circle S G Highway, Kh Odiyar India, Ahmedabad, Gujarat, 382421.

  • The corporate identification number (CIN) of Wardha Solar (Maharashtra) Private Limited is U40106GJ2016PTC086499 and the company number is 086499 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wardha Solar (Maharashtra) Private Limited has risen by 4.32%.

  • As Per 2023 financial reports, 30 employees are currently employed by Wardha Solar (Maharashtra) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wardha Solar (Maharashtra) Private Limited has experienced an upsurge of 25.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Wardha Solar (Maharashtra) Private Limited amount to ₹ 2,841.60 Cr.

  • The most recent Balance Sheet for Wardha Solar (Maharashtra) Private Limited was filed with the ROC on 31 Mar 2024.

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