
About Sprng Energy Private Limited
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Sprng Energy Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Solenergi Power Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 16 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2016PTC162587. Its GSTIN is 33AAYCS9346Q1Z3 (Tamil Nadu). The company holds 9 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹10,000 Cr and a paid-up capital of ₹2,428.55 Cr. It was formerly known as Arinsun Energy Private Limited. It is led by directors including Arun Balu Shankar (Whole-Time Director) and Gaurav Sood (Whole-Time Director).
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 Shell Centre Commerzone Block II No.2, 200 Feet Radial Road Pallikaranai Chennai, Tamil Nadu, India – 600100.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,280.77 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹238.38 Cr (net margin -18.6%) and EBITDA of ₹777.83 Cr (EBITDA margin 60.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 32% over five years.
The company has about 159 employees on its provident fund (EPFO) records. Its group structure includes 27 subsidiaries.
The company is associated with 1 brand: Sprng Energy. As per MCA filings, the company has satisfied charges of ₹10,798 Cr on record. Court records list 21 cases involving the company, including 2 filed by the company and 19 filed against it; 2 cases are pending. The company has 14 deals on record (8 rights issues, 2 convertible or debt financings, 2 funding rounds), with disclosed funding of ₹92.09 Cr; the latest was in March 2025. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sprngenergy.com.
Company details
CIN history
Sprng Energy has one previous CIN (Corporate Identification Number): U74999DL2016PTC309305. The current CIN is U74999TN2016PTC162587, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999TN2016PTC162587 | Current |
| U74999DL2016PTC309305 | Previous |
Contact details
Sprng Energy Private Limited's registered office is in Chennai, Tamil Nadu. Its website is sprngenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShell Centre Commerzone Block II No.2, 200 Feet Radial Road Pallikaranai Chennai, Tamil Nadu, India – 600100
- IndustryEnvironment, Solar Energy Solutions, Wind Energy Solutions
To see the full contact details of Sprng Energy 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
Sprng Energy operates one associated brand: Sprng Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Power is produced in the solar and wind energy sectors. | sprngenergy.com |
Business activity
The main business activity of Sprng Energy 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 Sprng Energy Private Limited, buy the company report.
Financials of Sprng Energy Private Limited
FY 2025 filings availableSprng Energy Private Limited reported revenue of ₹1,280.77 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 9% growth in the latest year. EBITDA fell 16% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,280.77 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹777.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹238.38 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.7% | ||||
| Net Profit Margin | -18.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sprng Energy Private Limited, buy the company report.
Board of directors and KMP of Sprng Energy Private Limited
Sprng Energy Private Limited currently reports 4 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Balu Shankar | Whole-Time Director | 12 Jul 2024 | 2 Years 4 Months | Current |
| Nakul Ashok Raheja | Director | 08 Aug 2022 | 4 Years 3 Months | Current |
| Yogesh Yadav | Director | 26 May 2023 | 3 Years 5 Months | Current |
| Gaurav Sood Also directs: Sprng Ujjvala Energy Private Limited, Sprng Green Power Private Limited, Sprng Soura Kiran Vidyut Private Limited and 5 more | Whole-Time Director | 19 Apr 2017 | 9 Years 6 Months | Current |
| Mihir Vrajlal Panchmatia | Company Secretary | 11 Oct 2018 | 8 Years 1 Months | Current |
Auditor
Sprng Energy Private Limited is audited by S R B C & CO LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2025 | 324982E/E300003 |
Shareholding
The shareholding of Sprng Energy Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sprng Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Apr 2022 | 100553334 | Others | ₹1,640 Cr | Satisfied | |
| 31 Jan 2022 | 100531757 | Others | ₹53 Cr | Satisfied | |
| 31 Jan 2022 | 100531760 | Others | ₹183 Cr | Satisfied | |
| 31 Jan 2022 | 100531774 | Others | ₹759 Cr | Satisfied | |
| 22 Dec 2021 | 100512770 | Sbicap Trustee Company Limited | ₹25 Cr | Satisfied |
To see the full charge records of Sprng Energy Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Sprng Energy Private Limited has 14 deals on record (8 rights issues, 2 convertible or debt financings, 2 funding rounds), with disclosed funding of ₹92.09 Cr; the latest was in March 2025.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Rights issue | ₹1,150 Cr | Investors: Solenergi Power Private Limited |
| Dec 2022 | Rights issue | ₹807.64 Cr | Investors: Solenergi Power Private Limited |
| Dec 2022 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Aug 2022 | Rights issue | ₹6.01 Cr | Investors: Solenergi Power Private Limited |
| Oct 2021 | Rights issue | ₹40 Cr | Investors: Solenergi Power Private Limited |
To see the full deal history of Sprng Energy 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
Sprng Energy Private Limited has 21 court cases on record: 2 filed by Sprng Energy, 19 filed against it. 2 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 18 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against FS India Solar Ventures Private Limited | Disposed |
| High Court, TAMIL NADU | Civil miscellaneous application | Filed against the company by M/S.Sprng Renewable Energy Pvt.Ltd | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed against the company by M/S. K.S.Wind and Renewables India Private Limited, | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S. K.S.Wind and Renewables India Private Limited, | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by individuals | Pending |
To see the full case history of Sprng Energy 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
Sprng Energy Private Limited was last rated by Icra on 11 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 11 May 2022 |
To see the full credit ratings and regulatory alerts of Sprng Energy Private Limited, buy the company report.
MSME payment delays
Sprng Energy Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 5 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 5)
To see the full MSME payment records of Sprng Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sprng Energy has 27 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sprng Vayu Vidyut Private Limited | U40100DL2017PTC345584 | |
| Sprng Vayu Kiran Private Limited | U40100DL2022PTC402915 | |
| Sprng Ujjvala Energy Private Limited | U40106DL2017PTC345257 | |
| Sprng Wind Energy Private Limited | U40106DL2019PTC355705 | |
| Sprng Green Power Private Limited | U40106DL2021PTC379798 | |
| Sprng Ojas Private Limited | U40106DL2021PTC379801 |
To see the full group structure of Sprng Energy Private Limited, buy the company report.
Employees & EPFO
Sprng Energy Private Limited has a workforce of 159 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 159 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Sprng Energy Private Limited, buy the company report.
GST
Sprng Energy has 9 GST registrations: 6 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAYCS9346Q1Z3 | Tamil Nadu | Active | 06 Dec 2024 |
| 27AAPCA0017M1ZL | Maharashtra | Active | 01 Jul 2017 |
| 37AAYCS9372G1ZE | Andhra Pradesh | Active | 09 Oct 2018 |
| 23AAYCS9346Q1Z4 | Madhya Pradesh | Active | 24 May 2019 |
To see the full GST registrations and return filing status of Sprng Energy Private Limited, buy the company report.
Recent activity
Sprng Energy Private Limited has 20 board changes on record since 2017: 5 appointments and 15 cessations. The latest: Arun Balu Shankar was appointed as Whole-Time Director on 12 Jul 2024.
61 earlier events are in the company report.
News
Frequently asked questions
Sprng Energy is an active private limited company based in Chennai, Tamil Nadu, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 16 December 2016 (10+ years old) and is registered under CIN U74999TN2016PTC162587.
Sprng Energy has 5 current directors and KMP:
- Arun Balu Shankar - Whole-Time Director
- Gaurav Sood - Whole-Time Director
- Nakul Ashok Raheja - Director
- Yogesh Yadav - Director
- Mihir Vrajlal Panchmatia - Company Secretary
The latest financial statements of Sprng Energy 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 2017 are in the company report.
The GSTIN of Sprng Energy is 33AAYCS9346Q1Z3, registered in Tamil Nadu. The company has 9 GST registrations in all, of which 6 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAPCA0017M1ZL (Maharashtra), 37AAYCS9372G1ZE (Andhra Pradesh), 23AAYCS9346Q1Z4 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Sprng Energy is U74999TN2016PTC162587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sprng Energy has 21 court cases on record: 2 filed by the company and 19 filed against it. 2 are pending. Most are in the high courts.
Sprng Energy was incorporated on 16 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
Sprng Energy has 14 deals on record (8 rights issues, 2 convertible or debt financings, 2 funding rounds), with disclosed funding of ₹92.09 Cr; the latest was in March 2025.
Arun Balu Shankar was appointed as Whole-Time Director on 12 Jul 2024. Arun Balu Shankar ceased to be Additional Director on 12 Jul 2024. Yogesh Yadav ceased to be Additional Director on 28 Sep 2023. Sprng Energy has 20 board changes on record in total.
Sprng Energy has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 5 micro and small suppliers. The latest return was filed on 20 Jun 2019.
Sprng Energy can be reached through the website sprngenergy.com. Its registered office is in Chennai, Tamil Nadu, India.

