About Photon Suryakiran Private Limited
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Photon Suryakiran Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Photon Surya Urja Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 03 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40100DL2014PTC271231. Its GSTIN is 29AABCU7365E1Z3 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹128 Cr and a paid-up capital of ₹121.14 Cr. It was formerly known as Ultraviolet Rays Power Private Limited. It is led by directors Ranvir Gambhir and Harneet Singh.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Statesman House 8th Floor Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹69.12 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹11.87 Cr (net margin 17.2%) and EBITDA of ₹60.78 Cr (EBITDA margin 87.9%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹382.5 Cr and satisfied charges of ₹382.5 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending. The company has 9 deals on record (3 rights issues, 3 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹55.7 Cr; the latest was in October 2019. Its 6 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 3 smaller; the largest is Alfa Infraprop Private Limited with revenue of ₹69.77 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website photon.net.in.
Company details
Contact details
Photon Suryakiran Private Limited's registered office is in New Delhi, Delhi. Its website is photon.net.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressStatesman House 8th Floor Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Photon Suryakiran 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 Photon Suryakiran 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 Photon Suryakiran Private Limited, buy the company report.
Financials of Photon Suryakiran Private Limited
FY 2024 filings availablePhoton Suryakiran Private Limited reported revenue of ₹69.12 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹60.78 Cr | ||||
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| Net Profit (PAT) | ₹11.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 87.9% | ||||
| Net Profit Margin | 17.2% | ||||
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To see the full financial statements and ratios of Photon Suryakiran Private Limited, buy the company report.
Board of directors of Photon Suryakiran Private Limited
Photon Suryakiran 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 |
|---|---|---|---|---|
| Ranvir Gambhir Also directs: Neutron Surya Prakash Private Limited, Neutron Solar Energy Private Limited, Neutron Solar Power Private Limited and 5 more | Additional Director | 28 Feb 2025 | 1 Years 8 Months | Current |
| Harneet Singh | Additional Director | 29 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Photon Suryakiran Private Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Solar 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 |
|---|---|---|---|---|---|---|
| Alfa Infraprop Private Limited | ₹69.77 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Renew Solar (Shakti Four) Private Limited | ₹69.22 Cr (FY 2025) | 2333.0% | New Delhi, Delhi, India | |||
| Photon Suryakiran Private Limitedthis company | ₹69.12 Cr (FY 2024) | ₹11.87 Cr | 17.2% | 3.0% | New Delhi, Delhi, India | |
| Photon Surya Urja Private Limited | ₹69.12 Cr (FY 2024) | 3.0% | New Delhi, Delhi, India | |||
| Opg Energy Private Limited | ₹69.03 Cr (FY 2025) | -9.0% | Mayiladuthurai, Tamil Nadu, India | |||
| Clean Sustainable Energy Private Limited | ₹68.93 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Solarcraft Cleantech Private Limited | ₹68.4 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Photon Suryakiran Private Limited, buy the company report.
Auditor
Photon Suryakiran Private Limited is audited by H.C. AGRAWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.C. AGRAWAL & ASSOCIATES | FY 2023 | 008931N |
Shareholding
The shareholding of Photon Suryakiran Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Photon Suryakiran Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2016 | 100052857 | Others | ₹382.5 Cr | Open | |
| 17 Mar 2016 | 100019369 | Others | ₹382.5 Cr | Satisfied |
To see the full charge records of Photon Suryakiran Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Photon Suryakiran Private Limited has 9 deals on record (3 rights issues, 3 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹55.7 Cr; the latest was in October 2019.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: Neutron Sunray Private Limited Seller: Today Homes and Infrastructure Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Neutron Sunray Private Limited Seller: Photon Surya Urja Private Limited |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Photon Surya Urja Private Limited Seller: Today Homes and Infrastructure Private Limited , Teq Green (JP) Power Xxxi Private Limited |
| May 2016 | Rights issue | ₹1.23 Cr | Investors: Photon Surya Urja Private Limited |
| Oct 2015 | Rights issue | ₹41.7 Cr | Investors: Today Homes and Infrastructure Private Limited , Photon Surya Urja Private Limited |
To see the full deal history of Photon Suryakiran 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
Photon Suryakiran Private Limited has 4 court cases on record: 1 filed by Photon Suryakiran, 3 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 2 | 2 | 2 |
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by Bangalore Electricity Supply Company Limited | Pending |
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed against the company by Gulbarga Electricity Supply Company Limited Through the Managing Director Office at Corporate Office, Station Road, Gulbarga -585101-Karnataka ,Gulbarga , Karnataka | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by M/S Sagitaur Ventures India Private Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against M/S. Sagitaur Ventures India Private Limited | Disposed |
To see the full case history of Photon Suryakiran 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 Photon Suryakiran Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Photon Suryakiran has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCU7365E1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Photon Suryakiran Private Limited, buy the company report.
Recent activity
Photon Suryakiran Private Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Harneet Singh was appointed as Additional Director on 29 Nov 2025.
5 earlier events are in the company report.
Frequently asked questions
Photon Suryakiran is an active private limited company based in New Delhi, Delhi, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 03 September 2014 (12+ years old) and is registered under CIN U40100DL2014PTC271231.
Photon Suryakiran has 2 current directors:
- Ranvir Gambhir - Additional Director
- Harneet Singh - Additional Director
The latest financial statements of Photon Suryakiran on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Photon Suryakiran is 29AABCU7365E1Z3, registered in Karnataka. 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 Photon Suryakiran is U40100DL2014PTC271231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Photon Suryakiran has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending. Most are in the supreme court.
Photon Suryakiran was incorporated on 03 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Photon Suryakiran has 9 deals on record (3 rights issues, 3 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹55.7 Cr; the latest was in October 2019.
The peers of Photon Suryakiran by revenue are Alfa Infraprop Private Limited, Renew Solar (Shakti Four) Private Limited, Photon Surya Urja Private Limited, Opg Energy Private Limited, Clean Sustainable Energy Private Limited and 1 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Harneet Singh was appointed as Additional Director on 29 Nov 2025. Kunal Mahajan ceased to be Director on 05 Mar 2025. Ranvir Gambhir was appointed as Additional Director on 28 Feb 2025. Photon Suryakiran has 9 board changes on record in total.
Photon Suryakiran can be reached through the website photon.net.in. Its registered office is in New Delhi, Delhi, India.
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