Citizen Solar Private Limited - Company Profile

Q: Who are the current directors of Citizen Solar Private Limited?

The current directors of Citizen Solar Private Limited are Ravindra Omprakash Jain, Tansukhraj Lalchand Jain, Omprakash Lalchand Jain, Harsh Omprakash Jain.

It is a consumer electronics & durables private limited company based in Ahmedabad, Gujarat, India, established in 2017.

2017 Ahmedabad, Gujarat, India Active

Last Updated: December 21, 2025

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About Citizen Solar Private Limited

Citizen Solar Private Limited, a active private limited company, was established on 26 May 2017 in Ahmedabad, Gujarat, India. Engaging in electronics manufacturing within the manufacturing sector, it holds CIN: U65993GJ2017PTC097598. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹7.86 M.

Formerly known as Citizen Solar Private Limited, Citizen Renewable Energy Private Limited. It upholds a compliant status. Employing 44 professional, Its leadership includes Ravindra Omprakash Jain (Director), Tansukhraj Lalchand Jain (Director), Omprakash Lalchand Jain (Director). Past directors included Kasturi Ravindra Jain, Amit Ramchandra Jayas, Pranavi Dhanpatraj Jain. It holds ₹140.88 Cr open charges and ₹9.82 Cr settled loans. Its latest AGM occurred on 27 May 2025, with the balance sheet filed on 31 March 2025. It is based at 412, Sakar Ii Ellisbridge Corner, Ashram Road,, Ahmedabad, Gujarat, 380006.

Company Details

CIN/LLPIN
U65993GJ2017PTC097598
Registration Number
097598
Incorporation Date
26 May 2017
Authorized Capital
₹1.00 Cr
Paid-Up Capital
₹7.86 M
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 Cr as on 21-12-2025
Paid Up Capital ₹ 7.86 M as on 21-12-2025
Company Age 8 Year, 9 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 140.88 Cr as on 21-12-2025
Satisfied Charges ₹ 9.82 Cr as on 21-12-2025
Revenue Growth **** 77.57% (FY 2025)
Profit Growth **** 926.59% (FY 2025)
Ebitda **** 566.52% (FY 2025)
Net Worth 119.70% (FY 2025)
Total Assets **** 50.40% (FY 2025)

Comprehensive Company Insights

Explore comprehensive insights into Citizen Solar Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Citizen Solar Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ravindra Omprakash Jain	Director	26 May 2017	Current
Tansukhraj Lalchand Jain	Director	01 Nov 2017	Current
Omprakash Lalchand Jain	Director	09 Nov 2017	Current
Harsh Omprakash Jain	Director	26 May 2017	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	30 Oct 2017	Past
Pramod Abcsdd	Director	08 Jun 2017	Past
Pramod Abcsdd	Director	21 May 2021	Past

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Financial Performance of Citizen Solar.

Citizen Solar Private Limited, for the financial year ended 2025, experienced significant growth in revenue, with a 77.57% increase. The company also saw a substantial improvement in profitability, with a 926.59% increase in profit. The company's net worth Soared by an impressive increase of 119.7%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

77.57%

*******

Revenue from Operations

*******

77.55%

*******

Total Assets

*******

50.40%

*******

Profit or Loss

*******

926.59%

*******

Net Worth

*******

119.70%

*******

EBITDA

*******

566.52%

*******

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What is the Ownership and Shareholding Structure of Citizen Solar?

In 2024, Citizen Solar had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,408,819,000.00

Satisfied Charges

₹98,200,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 140.88 Cr

Latest Charge Details

Date	Lender	Amount	Status
29 Oct 2019	Hdfc Bank Limited	₹140.88 Cr	Open
23 Feb 2018	The South Indian Bank Limited	₹9.82 Cr	Satisfied

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How Many Employees Work at Citizen Solar?

Citizen Solar has a workforce of 44 employees as of Oct 09, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Citizen Solar, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Citizen Solar's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Citizen Solar

Recent Activity within the Organization

Charges

Progress on A charge with Hdfc Bank Limited of Rs. 140.88 Cr registered on 29 Oct 2019 with Charge ID 100299006 was modified on 20 Aug 2025. was documented.
20 Aug 2025
Annual General Meeting

Progress on Citizen Solar Private Limited last Annual general meeting of members was held on 27 May 2025 as per latest MCA records. was documented.
27 May 2025
Balance Sheet

Citizen Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2025
Charges

The activity A charge registered on 23 Feb 2018 via Charge ID 100162051 with The South Indian Bank Limited was fully satisfied on 04 Dec 2019. was completed.
04 Dec 2019
Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 140.88 Cr with Charge ID 100299006 was registered on 29 Oct 2019. was documented.
29 Oct 2019
Charges

A charge with The South Indian Bank Limited amounted to Rs. 9.82 Cr with Charge ID 100162051 was registered on 23 Feb 2018. was recorded as a recent event.
23 Feb 2018

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