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SOLEX ENERGY LIMITED

Active
Updated: 03 Jul 2025

Solex Energy Limited, is an unlisted public company incorporated on 13 October, 2014. It is classified as a public limited company and is located in , . It's authorized share capital is INR 11.00 cr and the total paid-up capital is INR 10.80 cr.

Solex Energy Limited's operating revenue range is INR 100 cr - 500 cr for the financial year ending on 31 March, 2024. It's EBITDA has increased by 150.93% over the previous year. At the same time, it's book networth has increased by 22.9%.

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Subscription Plans
Industry and products
Electricity, Gas & Water
  • Solar panels and other solar equipments, Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment
Company size
Auth Capital
₹ 11.0 Cr
Paidup Capital
₹ 10.8 Cr
Revenue
₹ 300-400 cr
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
123.87%
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EBITDA
150.93%
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Net Profit
222.23%
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Networth
22.9%
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Borrowings
45.83%
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Assets
50.56%
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Gross Margin
-0.6
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Operating Margin
0.76
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Net Profit Margin
0.72
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Return on Equity
11.69
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ROCE
13.84
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Debt to Equity
0.33
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (10)
State Type Address

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People

Designation Name DIN/PAN Tenure
Director Rajeshbhai Tulsibhai Patel 07920531 8 years
Managing Director Chetan Sureshchandra Shah
Shareholder
02253886 4 years
Director Piyush Kailashchandra Chandak
Shareholder
09195922 4 years
Director Anil Rathi
Shareholder
01405654 4 years
Director Kiran Ritesh Shah 09046468 4 years
Director Vipul Mulchand Shah 01547319 4 years
Whole-time Director Kalpeshkumar Ramanbhai Patel
Shareholder
01066992 11 years
Director Kamlesh Pravin Yagnik 02019379 4 years
Director Amitkumar Dalpatram Trivedi 08450070 3 years
Additional Director Sanjay Bhagvandas Punjabi 03125759 0 years

Financial Highlights

Financials upto March 2024 available in Tofler Pro
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Networth
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%

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Total assets

Charges on assets

Bank wise
Charges
1

SBICap Trustee Company Limited

No. of Loans: 1

Total Amount : 316.2 cr

2

Tata Capital Financial Services Limited

No. of Loans: 1

Total Amount : 5.0 cr

3

Union Bank of India

No. of Loans: 1

Total Amount : 5.0 cr

4

The South Indian Bank Limited

No. of Loans: 2

Total Amount : 1.1 cr

5

Punjab National Bank

No. of Loans: 2

Total Amount : 0.4 cr

6

ICICI Bank Limited

No. of Loans: 1

Total Amount : 0.3 cr

7

HDFC Bank Limited

No. of Loans: 1

Total Amount : 0.0 cr

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Charges

SBICap Trustee Company Limited
Tata Capital Financial Services Limited
Union Bank of India
The South Indian Bank Limited
Others

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
GLASTEX COMPOSITE PRIVATE LIMITED
Active
1.0 L 1
PALSANA ENVIRO PROTECTION LIMITED
Active
48.2 Cr 1 Gujarat
SONALI DYEING AND PRINTING PRIVATE LIMITED
Active
85.0 L 1 Gujarat
OYSTER DENA INDIA PRIVATE LIMITED
Active
1.0 Cr 1 Gujarat
PANDESARA INFRASTRUCTURE LIMITED
Active
15.0 Cr 1 Gujarat
SUHAVYA ORGANICS LLP
Strike Off
1.0 L 1 Gujarat
OMKARCHAND RATHI & SONS LLP
Active
3.0 L 1 Gujarat
VALMET WOOD COMPOSITES LLP
Active
1.0 L 1 Maharashtra
OYSTER INDUSTRIES PRIVATE LIMITED
Active
4.8 Cr 1 Gujarat
VSSK ADVISORY PRIVATE LIMITED
Active
1.0 L 1 Gujarat
VSSK CORPADVISE PRIVATE LIMITED
Active
1.0 L 1 Gujarat
VSSK LOGISTICS SERVICES PRIVATE LIMITED
Active
1.0 L 1 Gujarat
VENTURA AIRCONNECT LIMITED
Active
13.8 Cr 1 Gujarat
RESILIENCE STRATA RESEARCH AND ACTION FORUM
Active
0.0 2 Gujarat
MICRO INFORMATIONS PRIVATE LIMITED
Active
6.9 L 1 Maharashtra
ASHIRWAD RESEARCH AND MEDICARE PRIVATE LIMITED
Active
1.0 L 1 Gujarat
SURAT ABO FOUNDATION
Active
1.0 L 1 Gujarat
MANTHANAM ACTION FORUM
Active
0.0 2 Gujarat
V SERVE CONSULTANTS PRIVATE LIMITED
Active
8.0 L 1 Maharashtra
NEMJI EVPV PRIVATE LIMITED
Active
1.5 L 1 Gujarat
LIME-LIGHT GOODS PVT LTD
Active
2.1 Cr 1 West Bengal
GROW NATIVE GREEN FORUM
Active
0.0 1 Gujarat
TIE SURAT FORUM
Active
0.0 1 Gujarat
MANJARI PRINT MEDIA PRIVATE LIMITED
Active
24.5 L 1 West Bengal
SPARK RETAILS PRIVATE LIMITED
Active
13.5 L 1 West Bengal
NILAMBER NIRMAN PRIVATE LIMITED
Active
49.0 L 1 West Bengal
PARIDHAN COMMOTRADE PRIVATE LIMITED
Active
11.5 L 1 West Bengal
RENTOSTEL PROJECTS LLP
Active
1.0 L 1 ja

Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

L40106GJ2014PLC081036

PAN

AAVCS0328R

Incorporation

2014, 10.7 years

Company Email

cs@solex.in

Paid up Capital

₹ 10.8 Cr

Authorised Capital

₹ 11.0 Cr

AGM

Sep 2024

Type

Public
Others

FAQ - SOLEX ENERGY LIMITED

What is the incorporation date of SOLEX ENERGY LIMITED?

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The incorporation date of SOLEX ENERGY LIMITED is 13 October, 2014

What is the authorized share capital of SOLEX ENERGY LIMITED?

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The authorized share capital of SOLEX ENERGY LIMITED is INR ₹ 11.0 Cr.

What is the paid-up capital of SOLEX ENERGY LIMITED?

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The paid-up capital of SOLEX ENERGY LIMITED is INR ₹ 10.8 Cr.

What is the registered address of SOLEX ENERGY LIMITED?

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The registered address of SOLEX ENERGY LIMITED is 8th Floor, 801-812, Rio Empire, Opp. R.T.O Pal, Adajan Dn, Surat, Surat City, Gujarat, India, 395009 - 395009

What is the CIN number of SOLEX ENERGY LIMITED?

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The CIN number of SOLEX ENERGY LIMITED is L40106GJ2014PLC081036.

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