About SHAN Solar
SHAN Solar is an Energy & Utilities company based in Bengaluru (India). It offers solar modules, farms, and optimization services for renewable energy. It operates on a B2B and B2C model. SHAN Solar offers products and services including Solar Modules, Solar Farms, Rooftop Solutions, and Plant Optimisation Services. Its focus areas include Energy, Renewable Energy Tech, Solar and Solar Farms. Its legal entity in India is Shan Solar Private Limited (U29303KA2010PTC054321). Its competitors include SolarSquare, ZunRoof and Oorjan; 3 of its 3 listed competitors have raised funding.
Company details
SHAN Solar specializes in solar energy solutions, providing modules, solar farms, and rooftop installations for commercial and residential clients. They deliver turnkey projects and optimization services to enhance efficiency and address energy needs. Based in India, the company focuses on mitigating energy crises through renewable technologies, supporting businesses and individuals with clean power options.
- Headquarters Bengaluru, India
- SectorsEnergy & Utilities
- Website shansolar.com
- Legal Name Shan Solar Private Limited
- Date of Incorporation 02 Jul, 2010
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹75,200
FY 2025 · +21% YoY
- Net Loss-₹3.80 Cr
FY 2025 · -50481% margin
- EBITDA-₹1.81 Cr
FY 2025 · -24036% margin
Associated legal entities of SHAN Solar
SHAN Solar is associated with 2 registered companies on The Company Check; the primary company is Shan Solar Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shan Solar Private Limited CIN U29303KA2010PTC054321 | Active | 02 Jul 2010 | Bangalore, Karnataka | ₹0.0 Cr | 18 | 3 | View details |
| Shan Solar Power Ventures Private Limited CIN U40104KA2012PTC065359 | Active | 14 Aug 2012 | Bangalore, Karnataka | 2 | View details |
Products & Services of SHAN Solar
SHAN Solar offers a comprehensive portfolio of products and services, including Solar Modules, Solar Farms, Rooftop Solutions, and Plant Optimisation Services.
Devices for generating solar power in various applications.
Turnkey setups for utility-scale solar energy projects.
Systems for commercial and residential solar power generation.
Consulting to improve efficiency of existing solar plants.
Board of directors of Shan Solar Private Limited (SHAN Solar)
Shan Solar Private Limited is the primary company behind SHAN Solar. The boards of the 2 registered companies of SHAN Solar currently have 3 directors; the longest-serving is Suryaprakash Singapur, appointed in 2010. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suryaprakash Singapur DIN 01652662 | Director | 02 Jul 2010 | 16 yrs 3 mo | Shan Solar Private Limited, Shan Solar Power Ventures Private Limited |
| Radhika Suryaprakash DIN 01999981 | Director | 25 May 2018 | 8 yrs 5 mo | Shan Solar Private Limited, Shan Solar Power Ventures Private Limited |
| Sundararajan Srinivasa Ragavan DIN 09274117 | Director | 02 Feb 2023 | 3 yrs 8 mo | Shan Solar Private Limited |
Financials of SHAN Solar
Figures of Shan Solar Private Limited, the primary company behind SHAN Solar, for FY 2025. Revenue was ₹75,200 (+21% year on year). Net loss was -₹3.80 Cr (-50481% margin). EBITDA was -₹1.81 Cr (-24036% margin). Revenue has grown at a compounded annual rate of -51% over three years and -76% over five years.
- ₹75,200Revenue · FY 2025 · +21% YoY
- -₹3.80 CrNet loss · -50481% margin
- -₹1.81 CrEBITDA · -24036% margin
- ₹30.28 CrPaid-up capital
- 18Employees (provident fund records)
- -51%Revenue CAGR, 3 years
- -76%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Shan Solar Private Limited are on its company page.
Detailed financial statements for SHAN Solar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of SHAN Solar
SHAN Solar has 3 listed competitors in our database, 3 of them funded. They include SolarSquare, ZunRoof and Oorjan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarsquare.in | 2015 | Mumbai, India | $61.07M | 1,463 | Provider of solar panel installation services | |
| zunroof.com | 2016 | Gurugram, India | $17.97M | 73 | Provider of solar panel installation and O&M services | |
| oorjan.com | 2014 | Mumbai, India | $655,037 | 85 | Solar project financing and development |
Detailed competitors of SHAN Solar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as SHAN Solar (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about SHAN Solar
SHAN Solar is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind SHAN Solar, Shan Solar Private Limited, reported revenue of ₹75,200 for FY 2025, up 21% year on year.
SHAN Solar specializes in solar energy solutions, providing modules, solar farms, and rooftop installations for commercial and residential clients. They deliver turnkey projects and optimization services to enhance efficiency and address energy needs. Based in India, the company focuses on mitigating energy crises through renewable technologies, supporting businesses and individuals with clean power options.
SHAN Solar's top competitors include SolarSquare, Oorjan and ZunRoof.
SHAN Solar offers Solar Modules, Solar Farms, Rooftop Solutions, and Plant Optimisation Services.
SHAN Solar is associated with 2 legal entities: Shan Solar Private Limited, Shan Solar Power Ventures Private Limited.
The legal entities of SHAN Solar currently have 3 directors, including Sundararajan Srinivasa Ragavan, Radhika Suryaprakash, Suryaprakash Singapur.