About Chirasthaayee Saurya Limited
Data last updated:
Chirasthaayee Saurya Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Tata Power Solar Systems Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 14 June 2016.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U40101MH2016PLC330252. Its GSTIN is 29AAGCC5029A2ZY (Karnataka). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors including Ashwinikumar Ganpatrao Patil and Gautam Attravanam.
Its last annual general meeting (AGM) was held on 11 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Tata Power Corporate Centre B 34 Sant Tukaram Road Carnac Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2024, the company reported a revenue of ₹58.92 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹14.9 Cr (net margin 25.3%) and EBITDA of ₹45.67 Cr (EBITDA margin 77.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.
The company was associated with 1 brand: Tata Power Solar. As per MCA filings, the company had open charges of ₹255 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 1 filed against it.
The last known website on record is tatapowersolar.com.
CIN History of Chirasthaayee Saurya Limited
Chirasthaayee Saurya has one previous CIN (Corporate Identification Number): U40101KA2016PLC094100. The current CIN is U40101MH2016PLC330252, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101MH2016PLC330252 | Current |
| U40101KA2016PLC094100 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressTata Power Corporate Centre B 34 Sant Tukaram Road Carnac Bunder, Mumbai, Maharashtra, India – 400009
- 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
- One PDF report, delivered after checkout
Associated Brands with Chirasthaayee Saurya Limited
Chirasthaayee Saurya operates one associated brand: Tata Power Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures photovoltaic modules and solar cells for renewable energy solutions. | tatapowersolar.com |
Financials of Chirasthaayee Saurya Limited FY 2024 filings available
Chirasthaayee Saurya Limited reported revenue of ₹58.92 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Chirasthaayee Saurya Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 16% growth in the latest year. EBITDA rose 7% 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 of Chirasthaayee Saurya Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹45.67 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.9 Cr | •••• | •••• | •••• | •••• |
| 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 of Chirasthaayee Saurya Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 77.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 25.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Chirasthaayee Saurya are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Chirasthaayee Saurya Limited
Chirasthaayee Saurya has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwinikumar Ganpatrao Patil | Director | 21 Jan 2021 | 5 Years 8 Months | As last reported |
| Gautam Attravanam | Director | 28 Nov 2018 | 7 Years 10 Months | As last reported |
| Mahesh Dinkar Paranjpe | Director | 14 Jun 2016 | 10 Years 4 Months | As last reported |
Peer Comparison of Chirasthaayee Saurya Limited
Chirasthaayee Saurya Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chirasthaayee Saurya Limited this company | ₹58.92 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Azure Solar Private Limited | ₹49.85 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Morjar Renewables Private Limited | ₹49.77 Cr (FY 2025) | •••• | •••• | 7385.0% | •••• | Mumbai, Maharashtra, India |
| Today Green Energy Private Limited | ₹49.71 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Sepset Constructions Limited | ₹49.56 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Gurgaon, Haryana, India |
| Isoft Technologies Private Limited | ₹49.04 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Clean Max Scorpius Private Limited | ₹48.69 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Mumbai, Maharashtra, India |
| Amplus Solar Power Private Limited | ₹48.67 Cr (FY 2022) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Magnet Buildtech Private Limited | ₹48.58 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| Maheswari Mining & Energy Private Limited | ₹48.52 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Hyderabad, Telangana, India |
| Maheshkumar Spinning Mills Private Limited | ₹48.52 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Chirasthaayee Saurya by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Chirasthaayee Saurya Limited
Chirasthaayee Saurya Limited is audited by S.R.Batliboi & Associates LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R.Batliboi & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Chirasthaayee Saurya Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Chirasthaayee Saurya Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2021 | Idbi Trusteeship Services Limited | ₹255 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Chirasthaayee Saurya Limited
Chirasthaayee Saurya Limited has 4 court cases on record: 2 filed by Chirasthaayee Saurya, 1 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 28 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Hubli Electricity Supply Company Limited | Disposed |
| High Court of Karnataka | Appeal | Company is another party | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Chirasthaayee Saurya Limited
Employment history and EPFO contributions of people linked to Chirasthaayee Saurya.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Chirasthaayee Saurya Limited
Chirasthaayee Saurya Limited has 16 board changes on record since 2016: 3 appointments and 13 cessations. The latest: Aditya Shriniwas Gupta ceased to be Cfo(Kmp) on 17 Jun 2022.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Chirasthaayee Saurya Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Chirasthaayee Saurya Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Chirasthaayee Saurya Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Chirasthaayee Saurya Limited
Chirasthaayee Saurya has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC5029A2ZY | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Chirasthaayee Saurya Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Chirasthaayee Saurya Limited
Frequently Asked Questions about Chirasthaayee Saurya Limited
Chirasthaayee Saurya has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Chirasthaayee Saurya was a public limited company based in Mumbai, Maharashtra, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 14 June 2016 and is registered under CIN U40101MH2016PLC330252. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Chirasthaayee Saurya was incorporated on 14 June 2016. It is registered with the Registrar of Companies, Mumbai.
Chirasthaayee Saurya had 3 directors:
- Ashwinikumar Ganpatrao Patil - Director
- Gautam Attravanam - Director
- Mahesh Dinkar Paranjpe - Director
The CIN (Corporate Identification Number) of Chirasthaayee Saurya is U40101MH2016PLC330252. 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 Chirasthaayee Saurya is at Tata Power Corporate Centre B 34 Sant Tukaram Road Carnac Bunder, Mumbai, Maharashtra, India – 400009.
Chirasthaayee Saurya can be reached through the website tatapowersolar.com. Its registered office is in Mumbai, Maharashtra, India.
Chirasthaayee Saurya reported revenue of ₹58.92 Cr for FY 2024 (up 16% YoY).
Chirasthaayee Saurya has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr.
Chirasthaayee Saurya reported a net profit of ₹14.9 Cr (net margin 25.3%) and EBITDA of ₹45.67 Cr (EBITDA margin 77.5%) for FY 2024, as per its filed financial statements.
The GSTIN of Chirasthaayee Saurya is 29AAGCC5029A2ZY, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.