About Devsun Solar Private Limited
Data last updated:
Devsun Solar Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the electric power generation segment of the energy sector. It was incorporated on 30 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29120GJ2010PTC063084. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.99 Cr. It was formerly known as Omsun Power Private Limited. It is led by directors Narendra Bhimsen Goyal and Ludwig Thoma.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Plot No 4/1 Nr. Guala Before Skf Plant Kerala Bavla – Bagodara Highway Bavla, Ahmedabad, Gujarat, India – 382220.
As per the financials filed for FY 2016, the company reported a revenue of ₹82.63 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹33.33 Lakh (net margin 0.4%) and EBITDA of ₹3.31 Cr (EBITDA margin 4%).
The company is associated with 1 brand: OmSun Power. As per MCA filings, the company has open charges of ₹42 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website omsunpower.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No 4/1 Nr. Guala Before Skf Plant Kerala Bavla – Bagodara Highway Bavla, Ahmedabad, Gujarat, India – 382220
- IndustryEnergy, Electric Power Generation, Transmission And Distribution
- 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
Business Activity of Devsun Solar Private Limited
The main business activity of Devsun Solar is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Devsun Solar Private Limited FY 2016 filings available
Devsun Solar Private Limited reported revenue of ₹82.63 Cr (up 44% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Devsun Solar Private Limited
Revenue rose 44% in the latest year. EBITDA rose 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Devsun Solar Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹82.63 Cr | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹3.31 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹33.33 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 of Devsun Solar Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4% | •••• |
| Net Profit Margin | 0.4% | •••• |
| 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 | •••• | •••• |
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 Devsun Solar are in the company report.
Financial statements from 2015
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.
Peer Comparison of Devsun Solar Private Limited
Devsun Solar Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Garg Cables & Silicones Private Limited | ₹83.28 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Sirsa, Haryana, India |
| Banmore Electricals Pvt Ltd | ₹83.12 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Gwalior, Madhya Pradesh, India |
| Nasik Metaldust Pvt Ltd | ₹83.01 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Nashik, Maharashtra, India |
| Ace Engineering Solutions India Private Limited | ₹83 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Pune, Maharashtra, India |
| Apt Power Engineering Private Limited | ₹82.89 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Patancheru, Telangana, India |
| Devsun Solar Private Limited this company | ₹82.63 Cr (FY 2016) | •••• | •••• | 44.0% | •••• | Ahmedabad, Gujarat, India |
| Kailashnath Infrastructure Private Limited | ₹82.54 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Rajkot, Gujarat, India |
| Epc International Private Limited | ₹82.51 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Jalpaiguri, West Bengal, India |
| Unique Power and Automation Private Limited | ₹82.36 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Delhi, India |
| Ensto India Private Limited | ₹82.29 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | Manesar, Haryana, India |
| Inox Clean Energy Limited | ₹82.15 Cr (FY 2025) | •••• | •••• | 235.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Devsun Solar by revenue in the Power industry (Power Equipment Manufacturers), 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 Devsun Solar Private Limited
Devsun Solar Private Limited is audited by ASHOK R SHAH & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHOK R SHAH & ASSOCIATES | 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.
Board of Directors of Devsun Solar Private Limited
Devsun Solar has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ludwig Thoma | Additional Director | 01 Oct 2011 | 15 Years 0 Months | Current |
| Narendra Bhimsen Goyal Also directs: Gyandev Advisory LLP | Director | 22 Jan 2014 | 12 Years 8 Months | Current |
Ownership and Shareholding of Devsun Solar Private 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 Devsun Solar Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Dec 2014 | Bank of Baroda | ₹21 Cr | Open |
| 31 Mar 2012 | Bank of Baroda | ₹21 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Devsun Solar Private Limited
Devsun Solar Private Limited has 3 court cases on record: 2 filed by Devsun Solar, 1 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CBI CC) | Filed against the company by an individual | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against Assistant Commissioner of Income Tax Circle 3(1)(2) | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against Authorised Officer Bank of Baroda | Disposed |
Full case history
All 3 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.
Associated Brands with Devsun Solar Private Limited
Devsun Solar operates one associated brand: OmSun Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures solar panels for renewable energy applications. | omsunpower.com |
Employees and EPFO Compliance at Devsun Solar Private Limited
Employment history and EPFO contributions of people linked to Devsun Solar.
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 Devsun Solar Private Limited
Devsun Solar Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Gopalkrishna Narendrakumar Goyal ceased to be Director on 25 Feb 2017.
Credit Ratings, Litigation & Regulatory Alerts for Devsun Solar Private 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 Devsun Solar Private 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 Devsun Solar Private 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 Devsun Solar Private Limited
Devsun Solar has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Devsun Solar Private 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.
Frequently Asked Questions about Devsun Solar Private Limited
Devsun Solar is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electric power generation, within the energy industry. It was incorporated on 30 November 2010 (16+ years old) and is registered under CIN U29120GJ2010PTC063084.
Devsun Solar reported revenue of ₹82.63 Cr for FY 2016 (up 44% YoY).
Devsun Solar has 2 current directors:
- Ludwig Thoma - Additional Director
- Narendra Bhimsen Goyal - Director
Devsun Solar reported a net profit of ₹33.33 Lakh (net margin 0.4%) and EBITDA of ₹3.31 Cr (EBITDA margin 4%) for FY 2016, as per its filed financial statements.
No. Devsun Solar has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Devsun Solar is U29120GJ2010PTC063084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devsun Solar has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Devsun Solar was incorporated on 30 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devsun Solar by revenue are Garg Cables & Silicones Private Limited, Banmore Electricals Pvt Ltd, Nasik Metaldust Pvt Ltd, Ace Engineering Solutions India Private Limited, Apt Power Engineering Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Gopalkrishna Narendrakumar Goyal ceased to be Director on 25 Feb 2017. Krishnakant Bhimsen Goyal ceased to be Director on 22 Jan 2014. Narendra Bhimsen Goyal was appointed as Director on 22 Jan 2014. Devsun Solar has 5 board changes on record in total.
Devsun Solar can be reached through the website omsunpower.com. Its registered office is in Ahmedabad, Gujarat, India.