About Astonfield Renewables Private Limited
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Astonfield Renewables Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Astonfield Management Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 28 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U46102MH2007PTC174598. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹5.66 Cr. It was formerly known as Astonfield Management Consultancy Private Limited. It is led by directors including Vitthal Gundu Sonule and Vaishali Vitthal Sonule.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.29 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹5.02 Lakh (net margin -3.9%) and EBITDA of -₹3.54 Lakh (EBITDA margin -2.7%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 13% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹9.99 Cr on record. Court records list 22 cases involving the company, including 11 filed by the company and 11 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website astonfield.com.
Company details
CIN history
Astonfield Renewables has one previous CIN (Corporate Identification Number): U74140MH2007PTC174598. The current CIN is U46102MH2007PTC174598, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46102MH2007PTC174598 | Current |
| U74140MH2007PTC174598 | Previous |
Contact details
Astonfield Renewables Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered AddressC – 516 Kailash Esplaned Neminath Comm Corpn, L B S Marg Ghatkopar West Opp. Shreyas Cinema, Mumbai, Maharashtra, India – 400086
- IndustryEnvironment, Solar Energy Solutions
- 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
Business activity
The main business activity of Astonfield Renewables is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Astonfield Renewables Private Limited, buy the company report.
Financials of Astonfield Renewables Private Limited
FY 2021 filings availableAstonfield Renewables Private Limited reported revenue of ₹1.29 Cr (down 15% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 15% fall in the latest year. EBITDA rose 97% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹3.54 Lakh | ||||
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| Net Profit (PAT) | -₹5.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -2.7% | ||||
| Net Profit Margin | -3.9% | ||||
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To see the full financial statements and ratios of Astonfield Renewables Private Limited, buy the company report.
Board of directors of Astonfield Renewables Private Limited
Astonfield Renewables has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vitthal Gundu Sonule Also directs: Astonfield Solar (Ajmer) Private Limited, Astonfield Solar Private Limited, Dante Energy Private Limited and 5 more | Director | 11 Oct 2019 | 7 Years 0 Months | Current |
| Vaishali Vitthal Sonule Also directs: Astonfield Solar (Ajmer) Private Limited, Astonfield Solar Private Limited, Dante Energy Private Limited and 4 more | Director | 17 Nov 2022 | 3 Years 11 Months | Current |
| Ameet Lalchand Shah Also directs: Astonfield Solar (Ajmer) Private Limited, Astonfield Solar Private Limited, Dante Energy Private Limited and 5 more | Director | 29 Mar 2008 | 18 Years 6 Months | Current |
| Sourabh Sen | Additional Director | 20 Oct 2011 | 15 Years 0 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2014 | 10502566 | State Bank of India | ₹9.99 Cr | Satisfied |
To see the full charge records of Astonfield Renewables Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Astonfield Renewables Private Limited has 22 court cases on record: 11 filed by Astonfield Renewables, 11 filed against it. 4 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 3 | 1 |
| District courts | 7 | 6 | 1 |
| Supreme Court | 5 | 1 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Kundan Care Products Ltd | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Kundan Care Products Limited Through Mr. Deepak Gupta, Director 3, Scindia House, 2 Nd Floor, Janpath, Connaught Place, New Delhi-110001 ,New Delhi , Delhi | Disposed |
| Bombay High Court | Court case (CARBP) | Filed by the company against Astonfield Solar Rajasthan Pvt. Ltd. and 1 other | Disposed |
| Bombay High Court | Court case (CARBP) | Filed by the company against Astonfield Solar (Gujarat) Pvt Ltd. and Anr. and 1 other | Disposed |
| District court, New Delhi, Delhi | Arbitration matter | Filed against the company by HDFC Bank Ltd. | Disposed |
To see the full case history of Astonfield Renewables Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Astonfield Renewables Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Astonfield Renewables has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Astonfield Renewables Private Limited, buy the company report.
Recent activity
Astonfield Renewables Private Limited has 15 board changes on record since 2008: 4 appointments and 11 cessations. The latest: Vaishali Vitthal Sonule was appointed as Director on 17 Nov 2022.
8 earlier events are in the company report.
Frequently asked questions
Astonfield Renewables is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 28 September 2007 (19+ years old) and is registered under CIN U46102MH2007PTC174598.
Astonfield Renewables has 4 current directors:
- Vitthal Gundu Sonule - Director
- Vaishali Vitthal Sonule - Director
- Ameet Lalchand Shah - Director
- Sourabh Sen - Additional Director
The latest financial statements of Astonfield Renewables on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Astonfield Renewables has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Astonfield Renewables is U46102MH2007PTC174598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astonfield Renewables has 22 court cases on record: 11 filed by the company and 11 filed against it. 4 are pending. Most are in the high courts.
Astonfield Renewables was incorporated on 28 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Vaishali Vitthal Sonule was appointed as Director on 17 Nov 2022. Vijay Kumar Choudhary ceased to be Director on 15 Nov 2022. Deepak Ramakant Kamath ceased to be Company Secretary on 01 Apr 2020. Astonfield Renewables has 15 board changes on record in total.
Astonfield Renewables can be reached through the website astonfield.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Astonfield Renewables is at C – 516 Kailash Esplaned Neminath Comm Corpn, L B S Marg Ghatkopar West Opp. Shreyas Cinema, Mumbai, Maharashtra, India – 400086.