About Microsun Solar Tech Private Limited
Data last updated:
Microsun Solar Tech Private Limited was a private limited company based in Dabaspeth, Karnataka, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 14 August 2007.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U40106KA2007PTC043606. Its GSTIN is 29AAFCM1837P1ZV (Karnataka). The company held 10 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹8 Cr. It was led by directors Sohan Khimraj Jain and Dinesh Kumar Pukhraj Jain.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Dabaspeth, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹15.41 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹6.97 Cr (net margin -45.3%) and EBITDA of -₹5.27 Cr (EBITDA margin -34.2%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 18% over five years.
The company had about 90 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
The company was associated with 1 brand: MicroSun. As per MCA filings, the company had open charges of ₹18.22 Cr on record. Court records list 38 cases involving the company, including 14 filed by the company and 25 filed against it; 6 cases are pending.
The last known website on record is microsunsolar.com.
Company details
Contact details
Microsun Solar Tech Private Limited's registered office is in Dabaspeth, Karnataka. Its website is microsunsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No:55 KIADB Road No: 54 1st Stage KIADB Industrial Area Sompura Hobli Nelamang, Ala Taluk, Dabaspeth, Karnataka, India – 562111
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Microsun Solar Tech 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
Microsun Solar Tech operates one associated brand: MicroSun. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality solar PV modules for sustainable energy solutions. | microsunsolar.com |
Business activity
The main business activity of Microsun Solar Tech is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Microsun Solar Tech Private Limited, buy the company report.
Financials of Microsun Solar Tech Private Limited
FY 2020 filings availableMicrosun Solar Tech Private Limited reported revenue of ₹15.41 Cr (down 57% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 57% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹15.41 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.97 Cr | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34.2% | ||||
| Net Profit Margin | -45.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Microsun Solar Tech Private Limited, buy the company report.
Board of directors of Microsun Solar Tech Private Limited
Microsun Solar Tech 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 |
|---|---|---|---|---|
| Sohan Khimraj Jain | Director | 14 Aug 2007 | 19 Years 2 Months | As last reported |
| Dinesh Kumar Pukhraj Jain Also directs: Vistaar Vision LLP | Director | 14 Aug 2007 | 19 Years 2 Months | As last reported |
Peer comparison
Microsun Solar Tech Private Limited is compared with the 6 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unix Switchgear Private Limited | ₹15.44 Cr (FY 2024) | 6.0% | Ludhiana, Punjab, India | |||
| Nuteck Power Solutions Private Limited | ₹15.44 Cr (FY 2025) | 33.0% | Pune, Maharashtra, India | |||
| Industrial Controls and Appliances Private Limited | ₹15.43 Cr (FY 2025) | 65.0% | Mumbai, Maharashtra, India | |||
| Microsun Solar Tech Private Limitedthis company | ₹15.41 Cr (FY 2020) | -₹6.97 Cr | -45.3% | -57.0% | 90 | Dabaspeth, Karnataka, India |
| Jasatama Mandiri Semesta (India) Private Limited | ₹15.38 Cr (FY 2024) | 55.0% | Chennai, Tamil Nadu, India | |||
| Divya Electrical Transformers and Services Private Limited | ₹15.36 Cr (FY 2025) | 38.0% | Hyderabad, Telangana, India | |||
| Ultra Electronics Pvt Ltd | ₹15.3 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Microsun Solar Tech Private Limited, buy the company report.
Auditor
Microsun Solar Tech Private Limited is audited by R N BISHNOI & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R N BISHNOI & ASSOCIATES | FY 2020 | 010324S |
Shareholding
The shareholding of Microsun Solar Tech Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Microsun Solar Tech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2007 | 10080041 | Canara Bank | ₹17.97 Cr | Open | |
| 29 Oct 2007 | 10080039 | Canara Bank | ₹25 Lakh | Open |
To see the full charge records of Microsun Solar Tech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Microsun Solar Tech Private Limited has 38 court cases on record: 14 filed by Microsun Solar Tech, 25 filed against it. 6 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 23 | 6 |
| NCLT | 5 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Insolvency matter | Filed against the company by Microsun Solar Tech Private Limited and 1 other | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed by the company against Microsun Solar Tech Private Limited | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed by the company against Maharaja Techno Chromes Private Limited | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed by the company against Maharaja Techno Chromes Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Environ Energy Corporation India Pvt Ltd and Others | Disposed |
To see the full case history of Microsun Solar Tech 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 Microsun Solar Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Microsun Solar Tech has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Megasun Solar Tech Private Limited | U40200KA2016PTC093408 |
To see the full group structure of Microsun Solar Tech Private Limited, buy the company report.
Employees & EPFO
Microsun Solar Tech Private Limited has a workforce of 90 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Microsun Solar Tech has 10 GST registrations: 2 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCM1837P1ZV | Karnataka | Active | 01 Jul 2017 |
| 09AAFCM1837P1ZX | Uttar Pradesh | Active | 05 Apr 2018 |
To see the full GST registrations and return filing status of Microsun Solar Tech Private Limited, buy the company report.
Recent activity
Microsun Solar Tech Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Lalita Sohanraj Jain ceased to be Director on 09 May 2020.
Frequently asked questions
Microsun Solar Tech has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Microsun Solar Tech was a private limited company based in Dabaspeth, Karnataka, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 14 August 2007 and is registered under CIN U40106KA2007PTC043606. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Microsun Solar Tech was incorporated on 14 August 2007. It is registered with the Registrar of Companies, Bangalore.
Microsun Solar Tech had 2 directors:
- Sohan Khimraj Jain - Director
- Dinesh Kumar Pukhraj Jain - Director
The CIN (Corporate Identification Number) of Microsun Solar Tech is U40106KA2007PTC043606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Microsun Solar Tech is at Plot No:55 KIADB Road No: 54 1st Stage KIADB Industrial Area Sompura Hobli Nelamang, Ala Taluk, Dabaspeth, Karnataka, India – 562111.
Microsun Solar Tech can be reached through the website microsunsolar.com. Its registered office is in Dabaspeth, Karnataka, India.
The latest financial statements of Microsun Solar Tech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Microsun Solar Tech is 29AAFCM1837P1ZV, registered in Karnataka. The company has 10 GST registrations in all, of which 2 are active and 8 are cancelled or inactive. Other active GSTINs include 09AAFCM1837P1ZX (Uttar Pradesh).
Microsun Solar Tech operated in the environment industry, in the solar energy solutions segment.
The peers of Microsun Solar Tech by revenue are Unix Switchgear Private Limited, Nuteck Power Solutions Private Limited, Industrial Controls and Appliances Private Limited, Jasatama Mandiri Semesta (India) Private Limited, Divya Electrical Transformers and Services Private Limited and 1 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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