Company Solex Energy Limited

Equities

SOLEX

INE880Y01017

Electric Utilities

Market Closed - NSE India S.E. 12:40:49 16/05/2024 BST 5-day change 1st Jan Change
1,193 INR +5.00% Intraday chart for Solex Energy Limited +11.05% +176.15%

Business Summary

Solex Energy Limited is an India-based company, which is engaged in manufacturing of solar photovoltaic modules. The Company offers a diverse product range including Monofacial and Bi-facial modules across various power capacities. It is focused on manufacturing of solar photovoltaic modules along with providing turnkey solar solutions across different segments, such as solar power plants, solar water pumps, and utility scale ground mounted solar power plants. The Company’s solutions include Solar Residential Rooftop, Solar Industrial Rooftop, Solar Power Plant, Solar Water Pump, Solar Charging Stations, and Solar Car Port. Its solar projects include SKY PGVCL Solar Farm (2019-20): Gujarat Ground Mount Project, JREDA Rooftop Solar (2017-18): Lighting Jharkhand - Project 1, JREDA Rooftop Solar (2017-18): Illuminating Jharkhand - Project 2, JREDA Home Light System (2019-20): Powering Homes in Jharkhand, Buddha Smriti Park, Bihar Rooftop Installation.

Number of employees: 368

Sales per Business

INR in Million2022Weight2023Weight Delta
Solar Photo-voltaic Cells and Modules - Finished Goods
85.8 %
600 82.9 % 1,388 85.8 % +131.32%
Installation and Commission Charges
8.8 %
105 14.6 % 142 8.8 % +35.03%
Job Work Charges Received
4.5 %
- - 72 4.5 % -
Annual Maintenance Income
0.9 %
18 2.5 % 15 0.9 % -16.39%

Sales per region

INR in Million2022Weight2023Weight Delta
India
100.0 %
723 100.0 % 1,617 100.0 % +123.58%

Managers

Managers TitleAgeSince
Chief Executive Officer 55 07/06/21
Founder 53 12/10/14
Director of Finance/CFO 44 02/03/21

Members of the board

Members of the board TitleAgeSince
Founder 53 12/10/14
Director/Board Member 54 23/10/17
Chief Executive Officer 55 07/06/21
Director/Board Member 62 02/03/21
Director of Finance/CFO 44 02/03/21
Director/Board Member 32 07/06/21
Director/Board Member 51 07/06/21
Director/Board Member 44 14/07/21
Director/Board Member - 11/12/22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 8,000,000 7,920,000 ( 99.00 %) 0 99.00 %

Company contact information

Solex Energy Ltd.

301-303, Trinity Business Park Near Madhuvan Circle

395009, Surat

+91 76 9883 8000

http://www.solex.in
address Solex Energy Limited(SOLEX)
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