Indosolar Limited - Company overview

Indosolar is a listed public limited company, first registered with ROC Delhi I on 8 April 2005.

2005-04-08 New Delhi, Delhi Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50 Lakh–1 Cr
▼ -24.8%
FY 2024
PROFIT / LOSS
Loss · ₹10–25 Cr
▼ -101.4%
FY 2024
EBITDA
Loss · ₹1–5 Cr
▼ -97.9%
FY 2024
NET WORTH
Loss · ₹10–25 Cr
▼ -1435.4%
FY 2024
TOTAL ASSETS
₹100–500 Cr
▲ 129.8%
FY 2024
OPEN CHARGES
1
-
PAID-UP CAPITAL
41.60 cr
AUTHORISED CAPITAL
1,000.00 cr
COMPANY AGE
21 Years 7 Months
since 2005-04-08
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-08-29
ACTIVE GST
1
Updated: 2025-06-05 12:14:55
TOTAL MONEY RAISED
₹500–1000 Cr
SATISFIED CHARGES
20
4,302.91 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Indosolar covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score High risk
44/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (38), financial health (5), director (75) and company-foundation signals.
  • Operating for 21+ years.
Compliance Score High risk
38/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score High risk
5/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2024.
  • Negative net worth - capital eroded by losses.
Director Risk Score Low risk
75/100
Board strength, DIN status and churn.
  • 12 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Indosolar Company identity, industry, contact, and registration details from MCA and company records.

Indosolar is a listed public limited company, first registered with ROC Delhi I on 8 April 2005. The registered office is at Unit No. 301, 3Rd Floor, Building 02, New Delhi, Delhi. Earlier names on record include Robin Solar Private Limited, Robin Garments Private Limited and Robin Solar Limited.

In its MCA filings the main business is listed as electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment, which made up 100.00% of turnover.

It has 12 directors: Hitesh Pranjivan Mehta, Anita Rameshprasad Jaiswal, Jayesh Dhirajlal Shah and 9 others. The longest-serving is Viren Doshi Chimanlal, on the board since 2022; the most recent to join is Abhishek Pareek, appointed in April 2026. Hitesh Chimanlal Doshi is the managing director. 23 former directors are on record; the most recent to leave was Sonal Shrivastava in March 2026. Between them, the directors also sit on the boards of 15 other companies, including Waaree Technologies Limited and Associated Power Structures Limited.

Paid-up capital is ₹41.6 crore against an authorised ₹1000 crore, so most of the authorised capital has not been issued yet. Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 29 August 2025. One charge (secured loan) is still open, with The Hongkong And Shanghai Banking Corporation Limited among the lenders, and 20 more have been paid off. Its shares trade on BSE (533257) and NSE (INDOSOLAR).

Energy and Power ••••••••
  • Location Unit No. 301, 3Rd Floor, Building 02,, New Delhi, Delhi - 110017
  • Website indosolar.co.in
Name History
Legal NameIndosolar Limited
CIN / LLPINL18101DL2005PLC134879
Company No.134879
Stock Symbol BSE: 533257 | NSE: INDOSOLAR
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date2005-04-08
Date of AGM2025-08-29
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Delhi I
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Indosolar (12) Current board members from MCA filings, including designation and appointment details.

H
Director | Since 2022-06-16 | DIN: 00207506
A
Director | Since 2022-08-29 | DIN: 08485642
J
Director | Since 2022-08-29 | DIN: 00182196
A
Akalpita Harnish Patel
Company Secretary | Since 2024-04-23
M
Director | Since 2025-04-17 | DIN: 00166049
V
Director | Since 2022-05-18 | DIN: 00207121

Financial Performance of Indosolar Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2024
Revenue ₹50 Lakh–1 Cr ▼ -24.8%
P&L Loss · ₹10–25 Cr ▼ -101.4%
EBITDA Loss · ₹1–5 Cr ▼ -97.9%
Net worth Loss · ₹10–25 Cr ▼ -1435.4%

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Verified entity values are shown only after access is granted.

Charges of Indosolar Open and satisfied charges registered against the company with MCA.

Union Bank Of India : 698.74 cr
The Hongkong And Shanghai Banking Corporation Limited : 52.00 cr
Andhra Bank : 42.38 cr
Open Charges: 1 Satisfied Charges: 20
Open -
Satisfied 4,302.91 cr
LenderAmountStatus
The Hongkong And Shanghai Banking Corporation Limited
Creation Date: 14 May 2025
52.00 cr Open
Union Bank Of India
Creation Date: 29 Dec 2011
470.74 cr Closed
Andhra Bank
Creation Date: 21 Mar 2011
20.38 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingElectrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment100.00

Companies With Common Directors Of Indosolar Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Indosolar Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

7 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Indosolar Ownership and contribution detail from filings. Full breakdown unlocks with your report.

5 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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GST Compliance of Indosolar GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Indosolar Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

4 regulatory flags on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Indosolar MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Indosolar Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Indosolar Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Indosolar?
MCA does not publish an "owner" field. Indosolar is run by its directors, Hitesh Pranjivan Mehta, Anita Rameshprasad Jaiswal, Jayesh Dhirajlal Shah and nine others, with Hitesh Chimanlal Doshi as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Indosolar?
Indosolar has 12 current directors: Hitesh Pranjivan Mehta (since June 2022), Anita Rameshprasad Jaiswal (since August 2022), Jayesh Dhirajlal Shah (since August 2022), Akalpita Harnish Patel (since April 2024), Mahesh Ramchand Chhabria (since April 2025) and Viren Doshi Chimanlal (since May 2022), plus 6 more. Hitesh Chimanlal Doshi is the managing director.
What is CIN of Indosolar?
The CIN of Indosolar is L18101DL2005PLC134879. Reading it left to right: L means it is listed, 18101 is the industry code it registered under, DL is Delhi, 2005 is the year it was registered, PLC is the company type and 134879 is its registration number.
When was Indosolar incorporated?
Indosolar was incorporated on 8 April 2005 with ROC Delhi I. That makes it about 21 years old.
What is the registered address of Indosolar?
The registered office on MCA records is Unit No. 301, 3Rd Floor, Building 02, New Delhi, Delhi - 110017.
What is the current status of Indosolar?
MCA shows Indosolar as Active, and its last AGM on record was in August 2025.
What is the contact number or email for Indosolar?
You can post to its registered office at Unit No. 301, 3Rd Floor, Building 02, New Delhi, Delhi - 110017 and use its website, https://indosolar.co.in.
What industry or business activity is Indosolar associated with?
Its MCA filings list the main business as electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment (100.00% of turnover).
What is paid-up capital and authorised share capital of Indosolar?
Paid-up capital is ₹41.6 crore, a small fraction of its ₹1000 crore authorised capital.
When did Indosolar last file accounts and hold an AGM?
The last AGM on record was on 29 August 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Indosolar?
One charge against Indosolar is still open and 20 have been satisfied. Lenders named in the filings include The Hongkong And Shanghai Banking Corporation Limited, Union Bank Of India and Andhra Bank.
Have any directors left Indosolar?
Yes, 23 former directors are on record. The most recent to leave were Sonal Shrivastava (March 2026), Shiv Kumar Agarwal (August 2025) and Ambika Sharma (September 2024).
Which companies share directors with Indosolar?
15 companies share directors with Indosolar. Among them are Waaree Technologies Limited, Associated Power Structures Limited, Cesare Bonetti India Private Limited and 12 more.
What is the turnover or revenue of Indosolar?
Based on filed financial statements, the revenue of Indosolar for FY 2024 was in the ₹50 Lakh–1 Cr range. That is down 24.8% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Indosolar?
For FY 2024, the net worth of Indosolar was negative, in the ₹10–25 Cr range.
How can I get the financial details of Indosolar?
The latest accounts on record are for FY 2024. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Indosolar?
The website on record for Indosolar is https://indosolar.co.in.
Which company owns indosolar.co.in?
indosolar.co.in is the website listed for Indosolar Limited in its company records.
Is Indosolar registered with any stock exchange in India?
It is listed on both BSE (scrip code 533257) and NSE (symbol INDOSOLAR).
Indosolar - is it listed or unlisted?
Indosolar is a listed company, and its CIN starts with L.
What is the ROC code of Indosolar?
Indosolar is registered with ROC Delhi I.
What is the company classification of Indosolar?
MCA classifies Indosolar as: Public Limited Indian Non-Government Company.
Does Indosolar have GST registrations on file?
Yes, one active GST registration is linked to Indosolar.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.