About Shashwat Cleantech Private Limited
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Shashwat Cleantech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 23 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31101GJ2008PTC052719. Its GSTIN is 24AALCS6081K1ZX (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹3.36 Lakh. It was formerly known as Shashwat Green Fuels & Technologies (India) Private Limited and Shashwat Green Fuels and Technologies India Private Limited. It is led by directors including Rajendra Baldevbhai Patel and Praful Baldevbhai Patel.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.75 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹4 Cr and EBITDA of -₹3.98 Cr. Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 69% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Shashwat Cleantech. As per MCA filings, the company has open charges of ₹157.64 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shashwatcleantech.com.
Company details
Name history
Shashwat Cleantech has undergone 2 name changes throughout its history. The company was previously known as Shashwat Green Fuels & Technologies (India) Private Limited, and Shashwat Green Fuels And Technologies India Private Limited. The current legal name is Shashwat Cleantech Private Limited.
| Company Name | Status |
|---|---|
| Shashwat Cleantech Private Limited | Current |
| Shashwat Green Fuels & Technologies (India) Private Limited | Previous |
| Shashwat Green Fuels And Technologies India Private Limited | Previous |
Contact details
Shashwat Cleantech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is shashwatcleantech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock – A F/F – 07 Safal Profitair Sur No. – 906 Near Krishna Bungalows 100Ft. Road Pra, Haldnagar, Ahmedabad, Gujarat, India – 380051
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Shashwat Cleantech 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
Shashwat Cleantech operates one associated brand: Shashwat Cleantech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An EPC company specializing in solar energy projects. | shashwatcleantech.com |
Business activity
The main business activity of Shashwat Cleantech is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Shashwat Cleantech Private Limited, buy the company report.
Financials of Shashwat Cleantech Private Limited
FY 2025 filings availableShashwat Cleantech Private Limited reported revenue of ₹12.75 Lakh (down 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years, including a 56% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.98 Cr | ||||
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| Net Profit (PAT) | -₹4 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Shashwat Cleantech Private Limited, buy the company report.
Board of directors of Shashwat Cleantech Private Limited
Shashwat Cleantech has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Baldevbhai Patel Also directs: Shashwat Enviro Tech LLP, Shashwat Bio-Polyplast LLP, Shashwat Composite LLP and 5 more | Director | 23 Jan 2008 | 18 Years 9 Months | Current |
| Praful Baldevbhai Patel Also directs: Shashwat Bio-Polyplast LLP, Shashwat Composite LLP, Shashwat Electricals Private Limited and 3 more | Director | 23 Jan 2008 | 18 Years 9 Months | Current |
| Kurang Ramchandra Panchal Also directs: Shashwat Enviro Tech LLP, Shashwat Bio-Polyplast LLP, Rajesh Power Services Limited and 5 more | Director | 23 Jan 2008 | 18 Years 9 Months | Current |
| Karan Satyanarayan Dangayach Also directs: Accura Resources LLP, Accura Trade Link Private Limited | Director | 26 Sep 2009 | 17 Years 1 Months | Current |
Auditor
Shashwat Cleantech Private Limited is audited by Shah Sanghavi & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Sanghavi & Associates | FY 2023 | 140107W |
Shareholding
The shareholding of Shashwat Cleantech 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shashwat Cleantech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2025 | 101188495 | Others | ₹133.64 Cr | Open | |
| 01 Mar 2017 | 100086416 | Others | ₹24 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Shashwat Cleantech Private Limited has 4 court cases on record: 3 filed by Shashwat Cleantech, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Arbitration matter | Filed by the company against Uttar Gujarat Vij Company Limited (Ugvcl) | Disposed |
| District court, Mahesana, Gujarat | Commercial matter | Filed by the company against Uttar Gujarat Vij Company Limited (Ugvcl) | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Bright Solar Pvt Limited | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Pashchim Gujarat Vij Company Ltd. (Pgvcl) Through Managing Director and 1 other | Pending |
To see the full case history of Shashwat Cleantech 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.
Credit ratings & regulatory alerts
Shashwat Cleantech Private Limited was last rated by Care on 01 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Apr 2022 |
To see the full credit ratings and regulatory alerts of Shashwat Cleantech Private Limited, buy the company report.
MSME payment delays
Shashwat Cleantech Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 52 overdue payments to 27 micro and small suppliers. 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 (5 of 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Litsun Energy Solutions LLP | |||
| Tesla Electricals | |||
| Efforts Enterprises | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Shashwat Cleantech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shashwat Cleantech Private Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Shashwat Cleantech has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCS6081K1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shashwat Cleantech Private Limited, buy the company report.
Recent activity
Shashwat Cleantech Private Limited has 6 board changes on record since 2008: 4 appointments and 2 cessations. The latest: Ankur Daxeshbhai Panchal ceased to be Additional Director on 22 Mar 2022.
Frequently asked questions
Shashwat Cleantech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 23 January 2008 (18+ years old) and is registered under CIN U31101GJ2008PTC052719.
Shashwat Cleantech has 4 current directors:
- Rajendra Baldevbhai Patel - Director
- Praful Baldevbhai Patel - Director
- Kurang Ramchandra Panchal - Director
- Karan Satyanarayan Dangayach - Director
The latest financial statements of Shashwat Cleantech 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 Shashwat Cleantech is 24AALCS6081K1ZX, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Shashwat Cleantech is U31101GJ2008PTC052719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shashwat Cleantech has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Shashwat Cleantech was incorporated on 23 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ankur Daxeshbhai Panchal ceased to be Additional Director on 22 Mar 2022. Amitaben Satyanarayan Dandayach ceased to be Director on 26 Sep 2009. Karan Satyanarayan Dangayach was appointed as Director on 26 Sep 2009. Shashwat Cleantech has 6 board changes on record in total.
Shashwat Cleantech has 4 MSME Form 1 returns on record between 2019 and 2020, listing 52 overdue payments to 27 micro and small suppliers. The latest return was filed on 04 Oct 2020.
Shashwat Cleantech can be reached through the website shashwatcleantech.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Shashwat Cleantech is at Block – A FF – 07 Safal Profitair Sur No. – 906 Near Krishna Bungalows 100Ft. Road Pra, Haldnagar, Ahmedabad, Gujarat, India – 380051.
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