Sunflip Solar Private Limited
About Sunflip Solar Private Limited
Data last updated:
Sunflip Solar Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electric power generation segment of the energy sector. It was incorporated on 04 November 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2022PTC393109.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.28 Cr. It is led by directors Suchita Saigal and Pratik Yashavantrao Shitole.
Its last annual general meeting (AGM) was held on 18 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 2025, the company reported a revenue of ₹3.75 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹40.05 Lakh (net margin -10.7%) and EBITDA of ₹3.32 Cr (EBITDA margin 88.6%).
As per MCA filings, the company has open charges of ₹22.99 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sunflip Solar Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address105 1st Flr E Wing Corporate Avenue, A K Link Rd Chakala Andheri E, Mumbai, Maharashtra, India – 400099
- IndustryEnergy, Electric Power Generation
- 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 Sunflip Solar 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 Sunflip Solar Private Limited, buy the company report.
Financials of Sunflip Solar Private Limited
FY 2025 filings availableSunflip Solar Private Limited reported revenue of ₹3.75 Cr (up 1044% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹3.32 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹40.05 Lakh | ||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 88.6% | ||
| Net Profit Margin | -10.7% | ||
| 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 | |||
To see the full financial statements and ratios of Sunflip Solar Private Limited, buy the company report.
Board of directors of Sunflip Solar Private Limited
Sunflip Solar has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suchita Saigal Also directs: Astrum Renewables Private Limited, Apricus Renewables Private Limited, Angeboren Renewables Private Limited and 5 more | Director | 05 Dec 2023 | 2 Years 10 Months | Current |
| Pratik Yashavantrao Shitole Also directs: Sunspring Solar Private Limited, Flaresun Solar Private Limited | Additional Director | 02 Mar 2026 | 0 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2023 | 100799842 | Sbicap Trustee Company Limited | ₹22.99 Cr | Open |
To see the full charge records of Sunflip Solar Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sunflip Solar Private Limited has 1 court case on record: 1 filed by Sunflip Solar. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Maharashtra State Electricity Transmission Company Limited and 2 others | Disposed |
To see the full case history of Sunflip 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sunflip Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sunflip Solar Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sunflip Solar Private Limited has 5 board changes on record since 2022: 3 appointments and 2 cessations. The latest: Pratik Yashavantrao Shitole was appointed as Additional Director on 02 Mar 2026.
Frequently asked questions
Sunflip Solar is an active private limited company based in Mumbai, Maharashtra, India. The company works in electric power generation, within the energy industry. It was incorporated on 04 November 2022 (4+ years old) and is registered under CIN U40106MH2022PTC393109.
Sunflip Solar has 2 current directors:
- Suchita Saigal - Director
- Pratik Yashavantrao Shitole - Additional Director
The latest financial statements of Sunflip Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Sunflip Solar is U40106MH2022PTC393109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunflip Solar has 1 court case on record: 1 filed by the company.
Sunflip Solar was incorporated on 04 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Pratik Yashavantrao Shitole was appointed as Additional Director on 02 Mar 2026. Suchita Saigal ceased to be Additional Director on 03 Sep 2024. Suchita Saigal was appointed as Director on 05 Dec 2023. Sunflip Solar has 5 board changes on record in total.
The registered office of Sunflip Solar is at 105 1st Flr E Wing Corporate Avenue, A K Link Rd Chakala Andheri E, Mumbai, Maharashtra, India – 400099.
Sunflip Solar operates in the energy industry, in the electric power generation segment.
Sunflip Solar has open charges of ₹22.99 Cr and no satisfied charges on record as per latest MCA filings.