About Max Planck Solarfarms Private Limited
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Max Planck Solarfarms Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Canadian Solar Energy Holding Singapore 2 Pte Ltd.. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 20 June 2017.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC319478. Its GSTIN is 29AAFCV9743B1Z2 (Karnataka). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹17.5 Cr and a paid-up capital of ₹17.46 Cr. It was formerly known as Varuraki Solar India Private Limited. It was led by directors Indeevar Goodwill Kuldeep Indeevar and Manoj Kumar Gupta.
Its last annual general meeting (AGM) was held on 20 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Ground Floor/Level 2 Atelier Suite No. 9 Worldmark – 2 Aerocity, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.14 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹3.66 Cr and EBITDA of -₹3.66 Cr. Revenue has grown at a compounded annual rate (CAGR) of 24% over three years.
The company has 4 deals on record (2 convertible or debt financings, 2 secondary share transfers), with disclosed funding of ₹17.45 Cr; the latest was in October 2019.
The last known website on record is canadiansolar.com.
Company details
Contact details
Max Planck Solarfarms Private Limited's registered office is in New Delhi, Delhi. Its website is canadiansolar.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressGround Floor/Level 2 Atelier Suite No. 9 Worldmark – 2 Aerocity, New Delhi, Delhi, India – 110037
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Max Planck Solarfarms Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Max Planck Solarfarms Private Limited
FY 2021 filings availableMax Planck Solarfarms Private Limited reported revenue of ₹2.14 Lakh (down 97% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 97% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA rose 72% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | -₹3.66 Cr | |||
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| Net Profit (PAT) | -₹3.66 Cr | |||
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Financial Ratios
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To see the full financial statements and ratios of Max Planck Solarfarms Private Limited, buy the company report.
Board of directors of Max Planck Solarfarms Private Limited
Max Planck Solarfarms has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indeevar Goodwill Kuldeep Indeevar Also directs: Canadian Solar India LLP, Varminex Systems LLP, Metlen Energy India Private Limited and 1 more | Director | 01 Oct 2019 | 7 Years 0 Months | As last reported |
| Manoj Kumar Gupta | Director | 10 Apr 2018 | 8 Years 6 Months | As last reported |
Auditor
Max Planck Solarfarms Private Limited is audited by NEERAJ MADAN & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NEERAJ MADAN & ASSOCIATES | FY 2018 | 012840N |
Shareholding
The shareholding of Max Planck Solarfarms Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Max Planck Solarfarms Private Limited, buy the company report.
Deals & funding
Max Planck Solarfarms Private Limited has 4 deals on record (2 convertible or debt financings, 2 secondary share transfers), with disclosed funding of ₹17.45 Cr; the latest was in October 2019.
Deals on record (1 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Canadaian Solar Energy Holding Singapore-2 Private Limited, an individual Seller: 2 individuals |
To see the full deal history of Max Planck Solarfarms Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Max Planck Solarfarms Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Max Planck Solarfarms Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Max Planck Solarfarms has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV9743B1Z2 | Karnataka | Active | 05 Mar 2019 |
To see the full GST registrations and return filing status of Max Planck Solarfarms Private Limited, buy the company report.
Recent activity
Max Planck Solarfarms Private Limited has 12 board changes on record since 2017: 2 appointments and 10 cessations. The latest: Indeevar Goodwill Kuldeep Indeevar ceased to be Additional Director on 30 Oct 2020.
3 earlier events are in the company report.
Frequently asked questions
Max Planck Solarfarms has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Max Planck Solarfarms was a private limited company based in New Delhi, Delhi, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 20 June 2017 and is registered under CIN U74999DL2017PTC319478. The company has been struck off by the Registrar of Companies and is no longer operational.
Max Planck Solarfarms had 2 directors:
- Indeevar Goodwill Kuldeep Indeevar - Director
- Manoj Kumar Gupta - Director
The CIN (Corporate Identification Number) of Max Planck Solarfarms is U74999DL2017PTC319478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Max Planck Solarfarms is at Ground FloorLevel 2 Atelier Suite No. 9 Worldmark – 2 Aerocity, New Delhi, Delhi, India – 110037.
Max Planck Solarfarms was incorporated on 20 June 2017. It is registered with the Registrar of Companies, Delhi.
Max Planck Solarfarms can be reached through the website canadiansolar.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Max Planck Solarfarms on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 20 August 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Max Planck Solarfarms is 29AAFCV9743B1Z2, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Max Planck Solarfarms operated in the environment industry, in the solar energy solutions segment. It worked in this industry before it was struck off.
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