About Sprng Transform Sun Energy Private Limited
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Sprng Transform Sun Energy Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Sprng Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 30 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2015PTC358734. Its GSTIN is 36AAFCT3995H1ZV (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹96.5 Cr. It was formerly known as Transform Sun Energy Private Limited. It is led by directors including Puneet Upadhyay and Gujjalapud Subbarayulunaidu Bangarubabu.
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 Unit No Ff – 48 A First Floor Omaxe Square Plot No.14 Jasola Distric, T Centre, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.74 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹31.79 Cr (net margin 32.5%) and EBITDA of ₹89.73 Cr (EBITDA margin 91.8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over five years.
The company is associated with 1 brand: Sprng Energy. As per MCA filings, the company has open charges of ₹33.75 Lakh and satisfied charges of ₹446 Cr on record. Court records list 12 cases involving the company, including 8 filed by the company and 4 filed against it; 3 cases are pending. The company has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹313.3 Cr; the latest was in March 2024. Its 7 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 3 smaller; the largest is Azure Power Thirty Four Private Limited with revenue of ₹100.46 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 3 overdue payments to 2 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 Transform Sun Energy has one previous CIN (Corporate Identification Number): U74900MH2015PTC266126. The current CIN is U74900DL2015PTC358734, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900DL2015PTC358734 | Current |
| U74900MH2015PTC266126 | Previous |
Contact details
Sprng Transform Sun Energy Private Limited's registered office is in New Delhi, Delhi. Its website is sprngenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No Ff – 48 A First Floor Omaxe Square Plot No.14 Jasola Distric, T Centre, New Delhi, Delhi, India – 110025
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Sprng Transform Sun 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 Transform Sun 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 Transform Sun Energy 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 Sprng Transform Sun Energy Private Limited, buy the company report.
Financials of Sprng Transform Sun Energy Private Limited
FY 2025 filings availableSprng Transform Sun Energy Private Limited reported revenue of ₹97.74 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 10% fall in the latest year. EBITDA fell 10% 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 | ₹89.73 Cr | ||||
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| Net Profit (PAT) | ₹31.79 Cr | ||||
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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 | 91.8% | ||||
| Net Profit Margin | 32.5% | ||||
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To see the full financial statements and ratios of Sprng Transform Sun Energy Private Limited, buy the company report.
Board of directors of Sprng Transform Sun Energy Private Limited
Sprng Transform Sun Energy has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puneet Upadhyay Also directs: Sprng Ujjvala Energy Private Limited, Sprng Soura Kiran Vidyut Private Limited, Sprng Solar India Private Limited and 5 more | Director | 04 Aug 2023 | 3 Years 2 Months | Current |
| Gujjalapud Subbarayulunaidu Bangarubabu Also directs: Sprng Ujjvala Energy Private Limited, Sprng Green Power Private Limited, Sprng Soura Kiran Vidyut Private Limited and 5 more | Director | 05 May 2023 | 3 Years 5 Months | Current |
| Rahul Pandurang Ramteke Also directs: Sprng Ujjvala Energy Private Limited, Sprng Solar Plus Private Limited, Sprng Green Energy Six Private Limited and 5 more | Additional Director | 19 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
Sprng Transform Sun Energy 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 |
|---|---|---|---|---|---|---|
| Azure Power Thirty Four Private Limited | ₹100.46 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Hindupur Solar Park Private Limited | ₹100.27 Cr (FY 2025) | -5.0% | Gurgaon, Haryana, India | |||
| Asj Solar Energy Private Limited | ₹98.76 Cr (FY 2025) | 110.0% | Hyderabad, Telangana, India | |||
| JSW Adarsh Power Private Limited | ₹98.14 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Sprng Transform Sun Energy Private Limitedthis company | ₹97.74 Cr (FY 2025) | ₹31.79 Cr | 32.5% | -10.0% | New Delhi, Delhi, India | |
| Poolavadi Windfarm Limited | ₹97.1 Cr (FY 2025) | 85.0% | Mumbai, Maharashtra, India | |||
| Hero Solar Energy Private Limited | ₹95.1 Cr (FY 2025) | -39.0% | New Delhi, Delhi, India | |||
| Clean Wind Power (Manvi) Private Limited | ₹93.24 Cr (FY 2024) | 11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sprng Transform Sun Energy Private Limited, buy the company report.
Auditor
Sprng Transform Sun Energy Private Limited is audited by S R B C & CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2022 | 324982E/E300003 |
Shareholding
The shareholding of Sprng Transform Sun Energy 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 Sprng Transform Sun Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2023 | 100737432 | State Bank of India | ₹33.75 Lakh | Open | |
| 21 Aug 2019 | 100283930 | Sbicap Trustee Company Limited | ₹40 Cr | Satisfied | |
| 15 Dec 2016 | 100070326 | Sbicap Trustee Company Limited | ₹406 Cr | Satisfied |
To see the full charge records of Sprng Transform Sun Energy Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Sprng Transform Sun Energy Private Limited has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹313.3 Cr; the latest was in March 2024.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Sprng Energy Private Limited & Rahul Kumar Agrawal, Sprng Energy Private Limited Seller: Shapoorji Pallonji Solar Holdings Private Limited & Sunil Kulkarni, Shapoorji Pallonji Solar Holdings Private Limited |
| Mar 2017 | Rights issue | ₹21.18 Cr | Investors: Shapoorji Pallonji Solar Holdings Private Limited |
| Dec 2015 | Rights issue | ₹75.31 Cr | Investors: Shapoorji Pallonji Solar Holdings Private Limited |
To see the full deal history of Sprng Transform Sun 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 Transform Sun Energy Private Limited has 12 court cases on record: 8 filed by Sprng Transform Sun Energy, 4 filed against it. 3 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 2 | 3 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed by the company against State of Telangana | Pending |
| High Court, TELANGANA | Court case (AS) | Filed against the company by individuals | Pending |
| High Court, TELANGANA | Court case (WP(PIL)) | Filed against the company by individuals | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana and 3 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against State of Telangana and 6 others | Disposed |
To see the full case history of Sprng Transform Sun 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 Transform Sun 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 Transform Sun Energy Private Limited, buy the company report.
MSME payment delays
Sprng Transform Sun Energy Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 3 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Sprng Transform Sun Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sprng Transform Sun Energy Private Limited has 1 active EPFO establishment as of Mar 22, 2024.
GST
Sprng Transform Sun Energy has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCT3995H1ZV | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sprng Transform Sun Energy Private Limited, buy the company report.
Recent activity
Sprng Transform Sun Energy Private Limited has 21 board changes on record since 2016: 5 appointments and 16 cessations. The latest: Rahul Pandurang Ramteke was appointed as Additional Director on 19 Jan 2026.
19 earlier events are in the company report.
News
Frequently asked questions
Sprng Transform Sun Energy 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 30 June 2015 (11+ years old) and is registered under CIN U74900DL2015PTC358734.
Sprng Transform Sun Energy has 3 current directors:
- Puneet Upadhyay - Director
- Gujjalapud Subbarayulunaidu Bangarubabu - Director
- Rahul Pandurang Ramteke - Additional Director
The latest financial statements of Sprng Transform Sun 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 2016 are in the company report.
The GSTIN of Sprng Transform Sun Energy is 36AAFCT3995H1ZV, registered in Telangana. 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 Sprng Transform Sun Energy is U74900DL2015PTC358734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sprng Transform Sun Energy has 12 court cases on record: 8 filed by the company and 4 filed against it. 3 are pending. Most are in the high courts.
Sprng Transform Sun Energy was incorporated on 30 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Sprng Transform Sun Energy has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹313.3 Cr; the latest was in March 2024.
The peers of Sprng Transform Sun Energy by revenue are Azure Power Thirty Four Private Limited, Hindupur Solar Park Private Limited, Asj Solar Energy Private Limited, JSW Adarsh Power Private Limited, Poolavadi Windfarm Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Rahul Pandurang Ramteke was appointed as Additional Director on 19 Jan 2026. Gujjalapud Subbarayulunaidu Bangarubabu ceased to be Additional Director on 28 Sep 2023. Nikhil Gupta ceased to be Additional Director on 28 Sep 2023. Sprng Transform Sun Energy has 21 board changes on record in total.
Sprng Transform Sun Energy has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 20 Jun 2019.
Sprng Transform Sun Energy can be reached through the website sprngenergy.com. Its registered office is in New Delhi, Delhi, India.
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