About Flaresun Solar Private Limited
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Flaresun Solar Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Cleantech India Oa Pte. Ltd.. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 18 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40108MH2020PTC342135. Its GSTIN is 27AAECF1436A1Z7 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹78.92 Lakh. It is led by directors Namit Sharma and Pratik Yashavantrao Shitole.
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 2026, the company reported a revenue of ₹2.37 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹44.2 Lakh (net margin -18.7%) and EBITDA of ₹2 Cr (EBITDA margin 84.3%).
As per MCA filings, the company has open charges of ₹16.12 Cr and satisfied charges of ₹16.34 Cr on record.
For more details, the company can be reached via its website cleantechsolar.com.
Company details
Contact details
Flaresun Solar Private Limited's registered office is in Mumbai, Maharashtra. Its website is cleantechsolar.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address105 1st Flr E Wing Corporate Avenue, A K Link Road Chakala Andheri E, Mumbai, Maharashtra, India – 400099
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Flaresun Solar 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 Flaresun Solar is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Flaresun Solar Private Limited, buy the company report.
Financials of Flaresun Solar Private Limited
FY 2025 filings availableFlaresun Solar Private Limited reported revenue of ₹2.37 Cr (up 13% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year. EBITDA rose 15% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹2 Cr | ||||
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| Net Profit (PAT) | -₹44.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | 84.3% | ||||
| Net Profit Margin | -18.7% | ||||
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To see the full financial statements and ratios of Flaresun Solar Private Limited, buy the company report.
Board of directors of Flaresun Solar Private Limited
Flaresun Solar has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Namit Sharma Also directs: Hexis Renewables Private Limited, Sthooma Renewables Private Limited, Anaveel Renewables Private Limited and 5 more | Director | 18 Jul 2020 | 6 Years 3 Months | Current |
| Pratik Yashavantrao Shitole Also directs: Sunspring Solar Private Limited, Sunflip Solar Private Limited | Additional Director | 02 Mar 2026 | 0 Years 7 Months | Current |
Auditor
Flaresun Solar Private Limited is audited by R J N & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R J N & ASSOCIATES | FY 2022 | 019064S |
Shareholding
The shareholding of Flaresun Solar Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Flaresun Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2025 | 101074321 | Others | ₹9.92 Cr | Open | |
| 27 Sep 2024 | 100986722 | Others | ₹6.2 Cr | Open | |
| 15 Nov 2021 | 100505193 | Sbicap Trustee Company Limited | ₹8.94 Cr | Satisfied | |
| 14 Jun 2021 | 100455362 | Sbicap Trustee Company Limited | ₹7.4 Cr | Satisfied |
To see the full charge records of Flaresun Solar Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Flaresun Solar Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Flaresun Solar Private Limited was last rated by Icra on 06 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 06 Jun 2022 |
To see the full credit ratings and regulatory alerts of Flaresun Solar Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Flaresun Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Flaresun Solar Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Flaresun Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECF1436A1Z7 | Maharashtra | Active | 02 Mar 2021 |
To see the full GST registrations and return filing status of Flaresun Solar Private Limited, buy the company report.
Recent activity
Flaresun Solar Private Limited has 7 board changes on record since 2020: 3 appointments and 4 cessations. The latest: Pratik Yashavantrao Shitole was appointed as Additional Director on 02 Mar 2026.
7 earlier events are in the company report.
News
Frequently asked questions
Flaresun Solar 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 18 July 2020 (6+ years old) and is registered under CIN U40108MH2020PTC342135.
Flaresun Solar has 2 current directors:
- Namit Sharma - Director
- Pratik Yashavantrao Shitole - Additional Director
The latest financial statements of Flaresun Solar 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 FY 2021 are in the company report.
The GSTIN of Flaresun Solar is 27AAECF1436A1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Flaresun Solar is U40108MH2020PTC342135. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flaresun Solar was incorporated on 18 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Pratik Yashavantrao Shitole was appointed as Additional Director on 02 Mar 2026. Pheroze Jehanbux Chichgar ceased to be Additional Director on 18 Nov 2022. Pheroze Jehanbux Chichgar was appointed as Director on 04 Dec 2021. Flaresun Solar has 7 board changes on record in total.
Flaresun Solar can be reached through the website cleantechsolar.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Flaresun Solar is at 105 1st Flr E Wing Corporate Avenue, A K Link Road Chakala Andheri E, Mumbai, Maharashtra, India – 400099.
Flaresun Solar operates in the environment industry, in the solar energy solutions segment.