About Candi Solar in 1 Private Limited
Data last updated:
Candi Solar in 1 Private Limited is a foreign private limited company based in Mohali, Punjab, India, a subsidiary of Candi Solar In B.V.. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 03 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U40107PB2020FTC051799. Its GSTIN is 03AAICC9408K1ZJ (Punjab). The company holds 16 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹36.39 Cr and a paid-up capital of ₹35.59 Cr. It is led by directors including Bruno Martin J Rauis and Nishant Sood.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 841 8th Floor Bestech Business Tower Sector – 66, Mohali, Punjab, India – 160062.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.14 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹5.18 Cr (net margin -14.8%) and EBITDA of ₹15.45 Cr (EBITDA margin 44%). Revenue has grown at a compounded annual rate (CAGR) of 109% over three years.
As per MCA filings, the company has open charges of ₹248.68 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is 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 candi.solar.
Company details
Contact details
Candi Solar in 1 Private Limited's registered office is in Mohali, Punjab. Its website is candi.solar. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 841 8th Floor Bestech Business Tower Sector – 66, Mohali, Punjab, India – 160062
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Candi Solar in 1 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
Business activity
The main business activity of Candi Solar in 1 is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Candi Solar in 1 Private Limited, buy the company report.
Financials of Candi Solar in 1 Private Limited
FY 2025 filings availableCandi Solar in 1 Private Limited reported revenue of ₹35.14 Cr (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 109%. EBITDA rose 45% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹15.45 Cr | ||||
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| Net Profit (PAT) | -₹5.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 44% | ||||
| Net Profit Margin | -14.8% | ||||
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To see the full financial statements and ratios of Candi Solar in 1 Private Limited, buy the company report.
Board of directors of Candi Solar in 1 Private Limited
Candi Solar in 1 has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bruno Martin J Rauis Also directs: Uetliberg Solar India Private Limited, Uetliberg Solar in 1 Private Limited, Uetliberg Solar in 2 Private Limited and 3 more | Director | 22 Apr 2024 | 2 Years 6 Months | Current |
| Nishant Sood Also directs: Speedcut Diamond Tools Private Limited, Uetliberg Solar India Private Limited, Uetliberg Solar in 1 Private Limited and 5 more | Director | 03 Sep 2020 | 6 Years 1 Months | Current |
| Fabio Eucalipto Also directs: Candi Solar in 2 Private Limited, Candi Solar Private Limited | Director | 03 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Candi Solar in 1 Private Limited is audited by Singhi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi & Co. | FY 2023 | 302049E |
Shareholding
The shareholding of Candi Solar in 1 Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Candi Solar in 1 Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2022 | 100539791 | Others | ₹248.68 Cr | Open |
To see the full charge records of Candi Solar in 1 Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Candi Solar in 1 Private Limited has 1 court case on record: 1 filed by Candi Solar in 1. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Arbitration matter | Filed by the company against Cedaar Textiles Private Limited | Pending |
To see the full case history of Candi Solar in 1 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
Candi Solar in 1 Private Limited has 6 MSME Form 1 returns on record between 2022 and 2023, listing 21 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| S G K C & Associates | |||
| an individual supplier | |||
| Mahindra Teqo Private Limited | |||
| Wattnexx Incorporation | |||
| Xpanz Energy Solutions LLP |
To see the full MSME payment records of Candi Solar in 1 Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Candi Solar in 1 Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
GST
Candi Solar in 1 has 16 GST registrations: 13 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAICC9408K1ZJ | Punjab | Active | 21 Oct 2020 |
| 27AAICC9408K1Z9 | Maharashtra | Active | 10 Feb 2021 |
| 09AAICC9408K1Z7 | Uttar Pradesh | Active | 30 Mar 2021 |
| 37AAICC9408K1Z8 | Andhra Pradesh | Active | 16 Sep 2021 |
To see the full GST registrations and return filing status of Candi Solar in 1 Private Limited, buy the company report.
Recent activity
Candi Solar in 1 Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Bruno Martin J Rauis ceased to be Additional Director on 29 Sep 2024.
News
Frequently asked questions
Candi Solar in 1 is an active foreign private limited company based in Mohali, Punjab, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 03 September 2020 (6+ years old) and is registered under CIN U40107PB2020FTC051799.
Candi Solar in 1 has 3 current directors:
- Bruno Martin J Rauis - Director
- Nishant Sood - Director
- Fabio Eucalipto - Director
The latest financial statements of Candi Solar in 1 on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Candi Solar in 1 is 03AAICC9408K1ZJ, registered in Punjab. The company has 16 GST registrations in all, of which 13 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAICC9408K1Z9 (Maharashtra), 09AAICC9408K1Z7 (Uttar Pradesh), 37AAICC9408K1Z8 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Candi Solar in 1 is U40107PB2020FTC051799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candi Solar in 1 has 1 court case on record: 1 filed by the company. 1 is pending.
Candi Solar in 1 was incorporated on 03 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
Bruno Martin J Rauis ceased to be Additional Director on 29 Sep 2024. Bruno Martin J Rauis was appointed as Director on 22 Apr 2024. Suman Gupta was appointed as Company Secretary on 24 Dec 2021. Candi Solar in 1 has 5 board changes on record in total.
Candi Solar in 1 has 6 MSME Form 1 returns on record between 2022 and 2023, listing 21 overdue payments to 6 micro and small suppliers. The latest return was filed on 21 Nov 2023.
Candi Solar in 1 can be reached through the website candi.solar. Its registered office is in Mohali, Punjab, India.
The registered office of Candi Solar in 1 is at A – 841 8th Floor Bestech Business Tower Sector – 66, Mohali, Punjab, India – 160062.
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