About Cleantech Solar Energy (India) Private Limited
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Cleantech Solar Energy (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Cleantech Solar Asia Pte Ltd.. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 19 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2015PTC261121. Its GSTIN is 27AAHCC1141L1ZQ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹25.02 Cr. It is led by directors Vikash Agarwal and Sanjay Kumar Gupta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.82 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹2.79 Cr (net margin -5.2%) and EBITDA of ₹44.6 Cr (EBITDA margin 82.9%).
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Cleantech Solar. As per MCA filings, the company has open charges of ₹238.77 Cr and satisfied charges of ₹281.96 Cr on record. Court records list 14 cases involving the company, including 13 filed by the company and 1 filed against it; 1 case is pending. The company has 11 deals on record (5 funding rounds, 4 debt financings, 2 secondary share transfers), with disclosed funding of ₹294.71 Cr; the latest was in October 2019. Its 3 peer companies in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 1 smaller; the largest is Sprng Ujjvala Energy Private Limited with revenue of ₹55.12 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2021, listing 5 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cleantechsolar.com.
Company details
Contact details
Cleantech Solar Energy (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is cleantechsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address105 1st Flr E Wing Corporate Avenue, A K Link Rd Chakala Andheri E, Mumbai, Maharashtra, India – 400099
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Cleantech Solar Energy (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
Brands
Cleantech Solar Energy (India) operates one associated brand: Cleantech Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of solar power producer on distributed scale | cleantechsolar.com |
Business activity
The main business activity of Cleantech Solar Energy (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 Cleantech Solar Energy (India) Private Limited, buy the company report.
Financials of Cleantech Solar Energy (India) Private Limited
FY 2025 filings availableCleantech Solar Energy (India) Private Limited reported revenue of ₹53.82 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year. EBITDA fell 19% 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 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹44.6 Cr | ||||
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| Net Profit (PAT) | -₹2.79 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.9% | ||||
| Net Profit Margin | -5.2% | ||||
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To see the full financial statements and ratios of Cleantech Solar Energy (India) Private Limited, buy the company report.
Board of directors of Cleantech Solar Energy (India) Private Limited
Cleantech Solar Energy (India) has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikash Agarwal Also directs: Anaveel Renewables Private Limited, Balang Renewables Private Limited, Putrim Renewables Private Limited and 5 more | Director | 14 Jun 2023 | 3 Years 4 Months | Current |
| Sanjay Kumar Gupta Also directs: Cse Development (India) Private Limited | Director | 06 Feb 2025 | 1 Years 9 Months | Current |
Peer comparison
Cleantech Solar Energy (India) Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Power Projects), 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 |
|---|---|---|---|---|---|---|
| Sprng Ujjvala Energy Private Limited | ₹55.12 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India | |||
| Divine Solren Private Limited | ₹54.66 Cr (FY 2023) | -6.0% | New Delhi, Delhi, India | |||
| Cleantech Solar Energy (India) Private Limitedthis company | ₹53.82 Cr (FY 2025) | -₹2.79 Cr | -5.2% | -24.0% | 1 | Mumbai, Maharashtra, India |
| Sunshakti Solar Power Projects Private Limited | ₹52.17 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Cleantech Solar Energy (India) Private Limited, buy the company report.
Auditor
Cleantech Solar Energy (India) Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2022 | 101049W/E300004 |
Shareholding
The shareholding of Cleantech Solar Energy (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 Cleantech Solar Energy (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Nov 2025 | 101193450 | Sbicap Trustee Company Limited | ₹192 Cr | Open | |
| 19 Dec 2024 | 101026553 | Sbicap Trustee Company Limited | ₹46.77 Cr | Open | |
| 07 Jul 2020 | 100347420 | Sbicap Trustee Company Limited | ₹91.96 Cr | Satisfied | |
| 28 Mar 2019 | 100248708 | Sbicap Trustee Company Limited | ₹129.85 Cr | Satisfied | |
| 22 Nov 2017 | 100139113 | Sbicap Trustee Company Limited | ₹60.15 Cr | Satisfied |
To see the full charge records of Cleantech Solar Energy (India) Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Cleantech Solar Energy (India) Private Limited has 11 deals on record (5 funding rounds, 4 debt financings, 2 secondary share transfers), with disclosed funding of ₹294.71 Cr; the latest was in October 2019.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Debt financing | ₹74.55 Cr | Investors: Cleantech Solar Asia Pte. Limited |
| Oct 2018 | Funding round | ₹70 Cr | Investors: Cleantech Solar Asia Pte. Limited |
| Apr 2017 | Funding round | ₹70.17 Cr | Investors: Cleantech Solar Asia Pte. Limited |
| Jan 2017 | Debt financing | ₹15 Cr | Investors: Cleantech Energy Mauritius Private Limited |
| Aug 2016 | Funding round | ₹10 Cr | Investors: Cleantech Solar Asia Pte. Limited |
To see the full deal history of Cleantech Solar Energy (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
Cleantech Solar Energy (India) Private Limited has 14 court cases on record: 13 filed by Cleantech Solar Energy (India), 1 filed against it. 1 case is pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 1 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARAP) | Filed by the company against Innovative Tyres and Tubes Limited | Disposed |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed by the company against Innovative Tyres and Tubes Limited | Disposed |
| District court, Khandwa, Madhya Pradesh | Court case (MJC) | Filed by the company against Sunanda Solar Energy Pvt. Ltd | Disposed |
| District court, YADGIR, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Lingaya's University | Disposed |
To see the full case history of Cleantech Solar Energy (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
Cleantech Solar Energy (India) Private Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 5 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Impulse Logistics Private Limited |
To see the full MSME payment records of Cleantech Solar Energy (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Cleantech Solar Energy (India) has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Greenyana Renewables Private Limited | U74999DL2018PTC335552 |
To see the full group structure of Cleantech Solar Energy (India) Private Limited, buy the company report.
Employees & EPFO
Cleantech Solar Energy (India) Private Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Cleantech Solar Energy (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCC1141L1ZQ | Maharashtra | Active | 06 Oct 2017 |
To see the full GST registrations and return filing status of Cleantech Solar Energy (India) Private Limited, buy the company report.
Recent activity
Cleantech Solar Energy (India) Private Limited has 13 board changes on record since 2015: 2 appointments and 11 cessations. The latest: Mukesh Kumar ceased to be Additional Director on 29 Sep 2025.
13 earlier events are in the company report.
News
Frequently asked questions
Cleantech Solar Energy (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 19 January 2015 (11+ years old) and is registered under CIN U74900MH2015PTC261121.
Cleantech Solar Energy (India) has 2 current directors:
- Vikash Agarwal - Director
- Sanjay Kumar Gupta - Director
The latest financial statements of Cleantech Solar Energy (India) 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 2015 are in the company report.
The GSTIN of Cleantech Solar Energy (India) is 27AAHCC1141L1ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Cleantech Solar Energy (India) is U74900MH2015PTC261121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cleantech Solar Energy (India) has 14 court cases on record: 13 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Cleantech Solar Energy (India) was incorporated on 19 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Cleantech Solar Energy (India) has 11 deals on record (5 funding rounds, 4 debt financings, 2 secondary share transfers), with disclosed funding of ₹294.71 Cr; the latest was in October 2019.
The peers of Cleantech Solar Energy (India) by revenue are Sprng Ujjvala Energy Private Limited, Divine Solren Private Limited, Sunshakti Solar Power Projects Private Limited, all in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution).
Mukesh Kumar ceased to be Additional Director on 29 Sep 2025. Sanjay Kumar Gupta ceased to be Additional Director on 29 Sep 2025. Sanjay Kumar Gupta was appointed as Director on 06 Feb 2025. Cleantech Solar Energy (India) has 13 board changes on record in total.
Cleantech Solar Energy (India) has 5 MSME Form 1 returns on record between 2019 and 2021, listing 5 overdue payments to 1 micro and small supplier. The latest return was filed on 11 May 2022.
Cleantech Solar Energy (India) can be reached through the website cleantechsolar.com. Its registered office is in Mumbai, Maharashtra, India.
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