Sun Renewable Energy Services Private Limited
About Sun Renewable Energy Services Private Limited
Data last updated:
Sun Renewable Energy Services Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Sun Clean Technology Investments Limited. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 21 September 2010.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U40106DL2010PTC208523. Its GSTIN is 07AAOCS8937P1Z7 (Delhi). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹8.1 Lakh. It was formerly known as Sun-Amp Renewable Energy Private Limited and Sun New Energy Services Private Limited. It was led by directors including Rajat Malhan and Deependra Agarwal.
Its last annual general meeting (AGM) was held on 28 November 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at M – 41/4&5 Speed Bird House Connaught Circus, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.78 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹8.87 Lakh (net margin 5%) and EBITDA of ₹9.15 Lakh (EBITDA margin 5.1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 25% over five years.
Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 acquisition); the latest was in May 2017.
Company details
Name history
Sun Renewable Energy Services has undergone 5 name changes throughout its history. The current legal name is Sun Renewable Energy Services Private Limited.
| Company Name | Status |
|---|---|
| Sun Renewable Energy Services Private Limited | Current |
| Sun-Amp Renewable Energy Private Limited | Previous |
| Sun New Energy Services Private Limited | Previous |
| Sun New Energy Private Limited | Previous |
| Sun Renewables Private Limited | Previous |
| Sun Renewable Energy Private Limited | Previous |
Contact details
Sun Renewable Energy Services Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressM – 41/4&5 Speed Bird House Connaught Circus, New Delhi, Delhi, India – 110001
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Sun Renewable Energy Services 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 activities of Sun Renewable Energy Services are professional, scientific and technical and electricity, gas, steam and air condition supply. In detail, this covers management consultancy activities and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | |
| 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 Sun Renewable Energy Services Private Limited, buy the company report.
Financials of Sun Renewable Energy Services Private Limited
FY 2022 filings availableSun Renewable Energy Services Private Limited reported revenue of ₹1.78 Cr (down 34% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 34% fall in the latest year. EBITDA fell 38% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹9.15 Lakh | ||||
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| Net Profit (PAT) | ₹8.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Sun Renewable Energy Services Private Limited, buy the company report.
Board of directors of Sun Renewable Energy Services Private Limited
Sun Renewable Energy Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajat Malhan | Director | 14 Sep 2021 | 5 Years 1 Months | As last reported |
| Deependra Agarwal | Director | 21 Sep 2010 | 16 Years 1 Months | As last reported |
| Gunjan Mittal | Irp/Rp/Liquidator | 16 Aug 2023 | 3 Years 2 Months | As last reported |
Auditor
Sun Renewable Energy Services Private Limited is audited by KHANNA & ANNADHANAM for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHANNA & ANNADHANAM | FY 2021 | 001297N |
Shareholding
The shareholding of Sun Renewable Energy Services Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sun Renewable Energy Services Private Limited, buy the company report.
Deals & funding
Sun Renewable Energy Services Private Limited has 1 deal on record (1 acquisition); the latest was in May 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2017 | Acquisition | Undisclosed | Buyer: Orix Corporation Seller: SUN Group Enterprises Pvt. Ltd. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sun Renewable Energy Services Private Limited has 1 court case on record: 1 filed by Sun Renewable Energy Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Principal Bench | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Sun Renewable Energy Services 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 Sun Renewable Energy Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sun Renewable Energy Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAOCS8937P1Z7 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sun Renewable Energy Services Private Limited, buy the company report.
Recent activity
Sun Renewable Energy Services Private Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Gunjan Mittal was appointed as Irp/Rp/Liquidator on 16 Aug 2023.
Frequently asked questions
Sun Renewable Energy Services has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Sun Renewable Energy Services was a private limited company based in New Delhi, Delhi, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 21 September 2010 and is registered under CIN U40106DL2010PTC208523. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Sun Renewable Energy Services was incorporated on 21 September 2010. It is registered with the Registrar of Companies, Delhi.
Sun Renewable Energy Services had 3 directors:
- Rajat Malhan - Director
- Deependra Agarwal - Director
- Gunjan Mittal - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Sun Renewable Energy Services is U40106DL2010PTC208523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sun Renewable Energy Services is at M – 414&5 Speed Bird House Connaught Circus, New Delhi, Delhi, India – 110001.
The latest financial statements of Sun Renewable Energy Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 November 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Sun Renewable Energy Services is 07AAOCS8937P1Z7, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Sun Renewable Energy Services operated in the environment industry, in the solar energy solutions segment.
Sun Renewable Energy Services has 1 deal on record (1 acquisition); the latest was in May 2017.
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