Clean Switch India Private Limited
About Clean Switch India Private Limited
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Clean Switch India Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Sunpower Solar Technick Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 15 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40300TG2013PTC085734. Its GSTIN is 33AAFCC5493F2ZO (Tamil Nadu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹96.1 Lakh. It is led by directors Srividya Kasturi and Pattu Jeeva.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at D – 97/A Second Floor Road No.18 Phase – 1 Ida Jeedimetla, Hyderabad, Telangana, India – 500055.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.45 Cr. For the same year it recorded a net loss of ₹55.63 Lakh (net margin -7.5%) and EBITDA of ₹1.91 Cr (EBITDA margin 25.7%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 43% over five years.
As per MCA filings, the company has satisfied charges of ₹91.6 Lakh on record. Court records list 23 cases involving the company, including 19 filed by the company and 4 filed against it; 7 cases are pending. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.37 Cr; the latest was in March 2021. Its 5 peer companies in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 3 smaller; the largest is Azure Power Thirty Eight Private Limited with revenue of ₹7.51 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Clean Switch India has one previous CIN (Corporate Identification Number): U40300AP2013PTC085734. The current CIN is U40300TG2013PTC085734, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300TG2013PTC085734 | Current |
| U40300AP2013PTC085734 | Previous |
Contact details
Clean Switch India Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressD – 97/A Second Floor Road No.18 Phase – 1 Ida Jeedimetla, Hyderabad, Telangana, India – 500055
- IndustryEnvironment, Solar Energy Solutions, Wind Energy Solutions
To see the full contact details of Clean Switch India 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 Clean Switch India 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 Clean Switch India Private Limited, buy the company report.
Financials of Clean Switch India Private Limited
FY 2022 filings availableClean Switch India Private Limited reported revenue of ₹7.45 Cr for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years. EBITDA fell 34% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.45 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹55.63 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.7% | ||||
| Net Profit Margin | -7.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Clean Switch India Private Limited, buy the company report.
Board of directors of Clean Switch India Private Limited
Clean Switch India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pattu Jeeva | Additional Director | 05 Jul 2024 | 2 Years 3 Months | Current |
| Srividya Kasturi | Director | 10 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Clean Switch India Private Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Solar Power, Wind 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 |
|---|---|---|---|---|---|---|
| Azure Power Thirty Eight Private Limited | ₹7.51 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Pace Renewable Energies Private Limited | ₹7.49 Cr (FY 2025) | -68.0% | Bangalore, Karnataka, India | |||
| Clean Switch India Private Limitedthis company | ₹7.45 Cr (FY 2022) | -₹55.63 Lakh | -7.5% | Hyderabad, Telangana, India | ||
| South Himalaya Renewable Power Private Limited | ₹7.43 Cr (FY 2025) | -54.0% | Udumalpet Tirupur, Tamil Nadu, India | |||
| Fpel Radiant Energy Private Limited | ₹7.41 Cr (FY 2024) | 32237.0% | Hyderabad, Telangana, India | |||
| Apsara Power India Private Limited | ₹7.39 Cr (FY 2024) | 175.0% | Aravakurichi, Tamil Nadu, India |
To see the full peer comparison of Clean Switch India Private Limited, buy the company report.
Auditor
Clean Switch India Private Limited is audited by Venkatesh R & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Venkatesh R & Co | FY 2022 | 020792S |
Shareholding
The shareholding of Clean Switch India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Clean Switch India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 May 2019 | 100306512 | Axis Bank Limited | ₹91.6 Lakh | Satisfied |
To see the full charge records of Clean Switch India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Clean Switch India Private Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.37 Cr; the latest was in March 2021.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: TVS Upasana Limited , an individual Seller: Sundram Fasteners Limited , an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Sundram Fasteners Limited Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: TVS Upasana Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Sundram Fasteners Limited Seller: TVS Upasana Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Brakes India Private Limited Seller: Transenergy Private Limited |
To see the full deal history of Clean Switch India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Clean Switch India Private Limited has 23 court cases on record: 19 filed by Clean Switch India, 4 filed against it. 7 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 0 | 3 |
| NCLAT | 6 | 1 | 4 |
| NCLT | 5 | 3 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Hyderabad | Insolvency matter | Filed against the company by PPS Enviro Power Private Limited | Disposed |
| NCLT, Chennai | Insolvency matter | Filed by the company against M.Murugesan Liquidator of M/S. Velohar Infra Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The State Tax Officer and 1 other | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The State Tax Officer and 1 other | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against PPS Enviro Private Limited | Pending |
To see the full case history of Clean Switch India 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 Clean Switch India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Clean Switch India has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCC5493F2ZO | Tamil Nadu | Active | 24 Oct 2018 |
To see the full GST registrations and return filing status of Clean Switch India Private Limited, buy the company report.
Recent activity
Clean Switch India Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Madan Kumar Subramanian ceased to be Director on 05 Jul 2024.
1 earlier event is in the company report.
Frequently asked questions
Clean Switch India is an active private limited company based in Hyderabad, Telangana, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 15 February 2013 (13+ years old) and is registered under CIN U40300TG2013PTC085734.
Clean Switch India has 2 current directors:
- Pattu Jeeva - Additional Director
- Srividya Kasturi - Director
The latest financial statements of Clean Switch India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Clean Switch India is 33AAFCC5493F2ZO, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Clean Switch India is U40300TG2013PTC085734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clean Switch India has 23 court cases on record: 19 filed by the company and 4 filed against it. 7 are pending. Most are in the high courts.
Clean Switch India was incorporated on 15 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
Clean Switch India has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.37 Cr; the latest was in March 2021.
The peers of Clean Switch India by revenue are Azure Power Thirty Eight Private Limited, Pace Renewable Energies Private Limited, South Himalaya Renewable Power Private Limited, Fpel Radiant Energy Private Limited, Apsara Power India Private Limited, all in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Madan Kumar Subramanian ceased to be Director on 05 Jul 2024. Pattu Jeeva was appointed as Additional Director on 05 Jul 2024. Srividya Kasturi ceased to be Additional Director on 23 Sep 2017. Clean Switch India has 8 board changes on record in total.
The registered office of Clean Switch India is at D – 97A Second Floor Road No.18 Phase – 1 Ida Jeedimetla, Hyderabad, Telangana, India – 500055.
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