About Candi Solar in 2 Private Limited
Data last updated:
Candi Solar in 2 Private Limited is a foreign private limited company based in Mohali, Punjab, India. It operates in the boat and marine services segment of the transportation sector. It was incorporated on 13 March 2023.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U35106PB2023FTC057903. Its GSTIN is 03AAKCC8798E1ZB (Punjab).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.81 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 ₹2.39 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹48.88 Lakh (net margin -20.4%) and EBITDA of ₹1.41 Cr (EBITDA margin 58.8%).
As per MCA filings, the company has open charges of ₹11.8 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
For more details, the company can be reached via its website candi.solar.
Company details
Contact details
Candi Solar in 2 Private Limited's registered office is in Mohali, Punjab. Its website is candi.solar.
- Website
- Social Media
- Registered AddressA – 841 8th Floor Bestech Business Tower Sector – 66, Mohali, Punjab, India – 160062
- IndustryTransportation, Boats, Repair Of Ships
- 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 2 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 2 Private Limited, buy the company report.
Financials of Candi Solar in 2 Private Limited
FY 2025 filings availableCandi Solar in 2 Private Limited reported revenue of ₹2.39 Cr (up 737% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 737% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.39 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.41 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹48.88 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 58.8% | ||
| Net Profit Margin | -20.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Candi Solar in 2 Private Limited, buy the company report.
Board of directors of Candi Solar in 2 Private Limited
Candi Solar in 2 has 3 directors on record. No former directors are listed.
| 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 | 13 Mar 2023 | 3 Years 7 Months | Current |
| Fabio Eucalipto Also directs: Candi Solar Private Limited, Candi Solar in 1 Private Limited | Director | 13 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Candi Solar in 2 Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kusumshiva Energy Projects Private Limited | ₹2.41 Cr (FY 2025) | 5239.0% | Bangalore, Karnataka, India | |||
| Candi Solar in 2 Private Limitedthis company | ₹2.39 Cr (FY 2025) | -₹48.88 Lakh | -20.4% | 737.0% | Mohali, Punjab, India | |
| JSR Developers Private Limited | ₹2.39 Cr (FY 2025) | -5.0% | Indore, Madhya Pradesh, India | |||
| Espen Clean Energy Private Limited | ₹2.39 Cr (FY 2024) | Coimbatore, Tamil Nadu, India | ||||
| Mera Gao Micro Grid Power Private Limited | ₹2.38 Cr (FY 2019) | 27.0% | New Delhi, Delhi, India |
To see the full peer comparison of Candi Solar in 2 Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2023 | 100773711 | Tata Cleantech Capital Limited | ₹11.8 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Candi Solar in 2 Private Limited has 2 court cases on record: 2 filed by Candi Solar in 2. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Roofsol Energy Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Roofsol Energy Private Limited | Pending |
To see the full case history of Candi Solar in 2 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 Candi Solar in 2 Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Candi Solar in 2 has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAKCC8798E1ZB | Punjab | Active | 10 Jul 2023 |
To see the full GST registrations and return filing status of Candi Solar in 2 Private Limited, buy the company report.
Recent activity
Candi Solar in 2 Private Limited has 3 board changes on record since 2023: 3 appointments. The latest: Bruno Martin J Rauis was appointed as Director on 22 Apr 2024.
News
Frequently asked questions
Candi Solar in 2 is an active foreign private limited company based in Mohali, Punjab, India. The company works in boats, within the transportation industry. It was incorporated on 13 March 2023 (3+ years old) and is registered under CIN U35106PB2023FTC057903.
Candi Solar in 2 has 3 current directors:
- Bruno Martin J Rauis - Director
- Nishant Sood - Director
- Fabio Eucalipto - Director
The latest financial statements of Candi Solar in 2 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 2023 are in the company report.
The GSTIN of Candi Solar in 2 is 03AAKCC8798E1ZB, registered in Punjab.
The CIN (Corporate Identification Number) of Candi Solar in 2 is U35106PB2023FTC057903. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candi Solar in 2 has 2 court cases on record: 2 filed by the company. 2 are pending.
Candi Solar in 2 was incorporated on 13 March 2023, making it 3+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Candi Solar in 2 by revenue are Kusumshiva Energy Projects Private Limited, JSR Developers Private Limited, Espen Clean Energy Private Limited, Mera Gao Micro Grid Power Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Bruno Martin J Rauis was appointed as Director on 22 Apr 2024. Fabio Eucalipto was appointed as Director on 13 Mar 2023. Nishant Sood was appointed as Director on 13 Mar 2023.
Candi Solar in 2 can be reached through the website candi.solar. Its registered office is in Mohali, Punjab, India.
The registered office of Candi Solar in 2 is at A – 841 8th Floor Bestech Business Tower Sector – 66, Mohali, Punjab, India – 160062.
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