About Sorion Solar Private Limited
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Sorion Solar Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Cse Development (India) Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 23 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2019PTC325726. Its GSTIN is 27ABCCS1027P1Z4 (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.04 Cr. It is led by directors Pheroze Jehanbux Chichgar and Ajay Gajanan Desai.
Its last annual general meeting (AGM) was held on 23 June 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹3.91 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹36.53 Lakh (net margin -9.3%) and EBITDA of ₹3.34 Cr (EBITDA margin 85.5%).
As per MCA filings, the company has open charges of ₹27.05 Cr and satisfied charges of ₹29.47 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
For more details, the company can be reached via its website cleantechsolar.com.
Company details
Contact details
Sorion 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 Rd Chakala Andheri E, Mumbai, Maharashtra, India – 400099
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Sorion 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 Sorion Solar 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 Sorion Solar Private Limited, buy the company report.
Financials of Sorion Solar Private Limited
FY 2024 filings availableSorion Solar Private Limited reported revenue of ₹3.91 Cr (up 17% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year. EBITDA rose 18% in the latest 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 | ₹3.34 Cr | ||||
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| Net Profit (PAT) | -₹36.53 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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| Profitability | |||||
| EBITDA Margin | 85.5% | ||||
| Net Profit Margin | -9.3% | ||||
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To see the full financial statements and ratios of Sorion Solar Private Limited, buy the company report.
Board of directors of Sorion Solar Private Limited
Sorion Solar has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pheroze Jehanbux Chichgar Also directs: Kaze Renewables Private Limited, Ardeur Renewables Private Limited, Cse Solar Parks Satna Private Limited and 5 more | Director | 04 Dec 2021 | 4 Years 10 Months | Current |
| Ajay Gajanan Desai Also directs: Alchemy Renewables Private Limited, Karakoram Renewables Private Limited, Shuddhimat Renewables Private Limited and 3 more | Additional Director | 16 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Sorion Solar Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Sorion Solar Private Limitedthis company | ₹3.91 Cr (FY 2026) | -₹36.53 Lakh | -9.3% | 17.0% | Mumbai, Maharashtra, India | |
| Carlill Energy Private Limited | ₹3.37 Cr (FY 2025) | -4.0% | Sangrur, Punjab, India | |||
| Clean Max Plutus Private Limited | ₹3.36 Cr (FY 2025) | 57.0% | Mumbai, Maharashtra, India | |||
| CCCL Infrastructure Limited | ₹3.36 Cr (FY 2025) | 4.0% | Srivaikuntam, Tamil Nadu, India | |||
| Siwana Solar Power Project Private Limited | ₹3.35 Cr (FY 2025) | -6.0% | Bhiwani, Haryana, India | |||
| Vanguard Energy Systems India Private Limited | ₹3.35 Cr (FY 2025) | 270.0% | Hyderabad, Telangana, India | |||
| Saimeg Infrastructure Private Limited | ₹3.34 Cr (FY 2025) | -9.0% | Hyderabad, Telangana, India | |||
| MSPL Unit 3 Limited | ₹3.34 Cr (FY 2025) | 48.0% | Pune, Maharashtra, India |
To see the full peer comparison of Sorion Solar Private Limited, buy the company report.
Auditor
Sorion 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 Sorion Solar Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sorion Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2025 | 101073817 | Others | ₹20.15 Cr | Open | |
| 27 Sep 2024 | 100986728 | Others | ₹6.9 Cr | Open | |
| 15 Nov 2021 | 100505178 | Sbicap Trustee Company Limited | ₹15.67 Cr | Satisfied | |
| 14 Jun 2021 | 100454560 | Sbicap Trustee Company Limited | ₹13.8 Cr | Satisfied |
To see the full charge records of Sorion Solar Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sorion Solar Private Limited has 2 court cases on record: 1 filed by Sorion Solar, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Maharashtra State Electricity Distribution Co. Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Maharashtra State Electricity Distribution Company Limited, Through Its Chairman and Managing Dir. | Disposed |
To see the full case history of Sorion Solar 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
Sorion 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 Sorion Solar Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sorion Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sorion Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABCCS1027P1Z4 | Maharashtra | Active | 22 Jan 2020 |
To see the full GST registrations and return filing status of Sorion Solar Private Limited, buy the company report.
Recent activity
Sorion Solar Private Limited has 11 board changes on record since 2021: 3 appointments and 8 cessations. The latest: Ajay Gajanan Desai was appointed as Additional Director on 16 Sep 2025.
11 earlier events are in the company report.
News
Frequently asked questions
Sorion 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 23 May 2019 (7+ years old) and is registered under CIN U40106MH2019PTC325726.
Sorion Solar has 2 current directors:
- Pheroze Jehanbux Chichgar - Director
- Ajay Gajanan Desai - Additional Director
The latest financial statements of Sorion Solar on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 June 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Sorion Solar is 27ABCCS1027P1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sorion Solar is U40106MH2019PTC325726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sorion Solar has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
Sorion Solar was incorporated on 23 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sorion Solar by revenue are Carlill Energy Private Limited, Clean Max Plutus Private Limited, CCCL Infrastructure Limited, Siwana Solar Power Project Private Limited, Vanguard Energy Systems India Private Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Ajay Gajanan Desai was appointed as Additional Director on 16 Sep 2025. Ankur Sinha ceased to be Additional Director on 25 Sep 2024. Ankur Sinha was appointed as Director on 23 Jan 2024. Sorion Solar has 11 board changes on record in total.
Sorion Solar can be reached through the website cleantechsolar.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sorion Solar is at 105 1st Flr E Wing Corporate Avenue, A K Link Rd Chakala Andheri E, Mumbai, Maharashtra, India – 400099.