About Sunconnect Solar Private Limited
Data last updated:
Sunconnect Solar Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 08 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29253MH2013PTC246822. Its GSTIN is 24AATCS4719A1ZD (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Bina Devendra Sampat and Devendra Laxmidas Sampat.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹75.91 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹47,491 (net margin 0.6%) and EBITDA of ₹2.13 Lakh (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 15% over five years.
As per MCA filings, the company has satisfied charges of ₹29 Lakh on record. The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹6 Lakh; the latest was in January 2020. Its 10 peer companies in the Power industry (Power Equipment Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Laurel Energetics Private Limited with revenue of ₹77.14 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunconnect.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address28A Nand – Deep Udyog Co – Operative Society Ltd. Kondivita Lane J.B. Nagar Andheri (Eas, T), Mumbai, Maharashtra, India – 400059
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Sunconnect Solar Private Limited
The main business activity of Sunconnect Solar is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sunconnect Solar Private Limited FY 2025 filings available
Sunconnect Solar Private Limited reported revenue of ₹75.91 Lakh (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sunconnect Solar Private Limited
Revenue rose 22% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA rose 8% 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 of Sunconnect Solar Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹47,491 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Sunconnect Solar Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sunconnect Solar are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sunconnect Solar Private Limited
Sunconnect Solar Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Laurel Energetics Private Limited | ₹77.14 Lakh (FY 2025) | •••• | •••• | 4753.0% | •••• | New Delhi, Delhi, India |
| GSS Powerserve Private Limited | ₹77.07 Lakh (FY 2024) | •••• | •••• | -27.0% | •••• | Coimbatore, Tamil Nadu, India |
| Hempronics Systems Private Limited | ₹76.8 Lakh (FY 2025) | •••• | •••• | -77.0% | •••• | Mumbai, Maharashtra, India |
| Mangolake Developers Private Limited | ₹76.53 Lakh (FY 2024) | •••• | •••• | -73.0% | •••• | Bangalore, Karnataka, India |
| Poweraid (India) Private Limited | ₹76.33 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| Sunconnect Solar Private Limited this company | ₹75.91 Lakh (FY 2024) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Startek Electricals Private Limited | ₹75.89 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Telangana, India |
| Volto Control Technologies OPC Private Limited | ₹75.83 Lakh (FY 2022) | •••• | •••• | -22.0% | •••• | Mohali, Punjab, India |
| Cosmos Industrial Systems Private Limited | ₹75.51 Lakh (FY 2020) | •••• | •••• | -15.0% | •••• | Belakavadi, Karnataka, India |
| Sancheti Appliances Private Limited | ₹75.44 Lakh (FY 2019) | •••• | •••• | -22.0% | •••• | Howrah, West Bengal, India |
| R K Welds Pvt Ltd | ₹75.16 Lakh (FY 2018) | •••• | •••• | 187.0% | •••• | Punjab, India |
Peers are the five companies nearest above and the five nearest below Sunconnect Solar by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sunconnect Solar Private Limited
Sunconnect Solar Private Limited is audited by P K GOHIL & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P K GOHIL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sunconnect Solar Private Limited
Sunconnect Solar has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bina Devendra Sampat | Director | 06 May 2023 | 3 Years 5 Months | Current |
| Devendra Laxmidas Sampat | Director | 06 May 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of Sunconnect Solar Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sunconnect Solar Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2013 | State Bank of India | ₹29 Lakh | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Sunconnect Solar Private Limited
Sunconnect Solar Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹6 Lakh; the latest was in January 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Rights issue | ₹3 Lakh | Investors: 2 individuals |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2013 | Funding round | ₹6 Lakh | Investors: 2 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Sunconnect Solar Private Limited
Employment history and EPFO contributions of people linked to Sunconnect Solar.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sunconnect Solar Private Limited
Sunconnect Solar Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Jayesh Chandulal Udeshi ceased to be Director on 05 Jun 2023.
Credit Ratings, Litigation & Regulatory Alerts for Sunconnect Solar Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sunconnect Solar Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sunconnect Solar Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sunconnect Solar Private Limited
Sunconnect Solar has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCS4719A1ZD | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sunconnect Solar Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sunconnect Solar Private Limited
Sunconnect Solar is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 08 August 2013 (13+ years old) and is registered under CIN U29253MH2013PTC246822.
Sunconnect Solar reported revenue of ₹75.91 Lakh for FY 2024 (up 22% YoY).
Sunconnect Solar has 2 current directors:
- Bina Devendra Sampat - Director
- Devendra Laxmidas Sampat - Director
Sunconnect Solar reported a net profit of ₹47,491 (net margin 0.6%) and EBITDA of ₹2.13 Lakh (EBITDA margin 2.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sunconnect Solar is -10% over three years and -15% over five years. In the latest year (FY 2024) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sunconnect Solar is 24AATCS4719A1ZD, registered in Gujarat. 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 Sunconnect Solar is U29253MH2013PTC246822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunconnect Solar was incorporated on 08 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunconnect Solar has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹6 Lakh; the latest was in January 2020.
The peers of Sunconnect Solar by revenue are Laurel Energetics Private Limited, GSS Powerserve Private Limited, Hempronics Systems Private Limited, Mangolake Developers Private Limited, Poweraid (India) Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Jayesh Chandulal Udeshi ceased to be Director on 05 Jun 2023. Niral Jaykumar Desai ceased to be Director on 05 Jun 2023. Bina Devendra Sampat was appointed as Director on 06 May 2023. Sunconnect Solar has 7 board changes on record in total.