- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-05-0023225

About Sungrid Projects India Private Limited
Data last updated:
Sungrid Projects India Private Limited is a private limited company based in Gurugram, Haryana, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 16 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40100HR2021PTC092950. Its GSTIN is 06ABFCS4724A1ZQ (Haryana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Nitin Rana and Nidhi Rana.
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 Dm – 16 DLF Ph – II, Gurugram, Haryana, India – 122001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.49 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹1.86 Lakh (net margin 0.7%) and EBITDA of ₹2.92 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 123% over three years.
As per MCA filings, the company has open charges of ₹50 Lakh on record. The company has 1 deal on record (1 rights issue); the latest was in December 2022. Its 10 peer companies in the same principal business activity (other manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Rolex Paints Private Limited with revenue of ₹2.55 Cr.
Sungrid Projects India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0023225). For more details, the company can be reached via its website sungridsolar.com.
Company details
CIN history
Sungrid Projects India has one previous CIN (Corporate Identification Number): U45309HR2021PTC092950. The current CIN is U40100HR2021PTC092950, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100HR2021PTC092950 | Current |
| U45309HR2021PTC092950 | Previous |
Recognitions & Rankings of Sungrid Projects India
Contact details
Sungrid Projects India Private Limited's registered office is in Gurugram, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDm – 16 DLF Ph – II, Gurugram, Haryana, India – 122001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Sungrid Projects India 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 activity of Sungrid Projects India is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Sungrid Projects India Private Limited, buy the company report.
Financials of Sungrid Projects India Private Limited
FY 2025 filings availableSungrid Projects India Private Limited reported revenue of ₹2.49 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 123% over three years, including 30% growth in the latest year. EBITDA rose 30% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹2.92 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.86 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.2% | |||
| Net Profit Margin | 0.7% | |||
| 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 Sungrid Projects India Private Limited, buy the company report.
Board of directors of Sungrid Projects India Private Limited
Sungrid Projects India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Rana | Director | 16 Feb 2021 | 5 Years 8 Months | Current |
| Nidhi Rana | Director | 25 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Sungrid Projects India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rolex Paints Private Limited | ₹2.55 Cr (FY 2025) | -6.0% | Raigad, Maharashtra, India | |||
| Varadlaxmi Industries Private Limited | ₹2.53 Cr (FY 2025) | -13.0% | Gadhinglaj, Maharashtra, India | |||
| Wemix Green Concrete Private Limited | ₹2.51 Cr (FY 2025) | 65.0% | Thane, Maharashtra, India | |||
| Shriram Gearboxes Private Limited | ₹2.51 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Pakrashi-Harmonium Private Limited | ₹2.5 Cr (FY 2025) | 143.0% | Kolkata, West Bengal, India | |||
| Sungrid Projects India Private Limitedthis company | ₹2.49 Cr (FY 2024) | ₹1.86 Lakh | 0.7% | 30.0% | Gurugram, Haryana, India | |
| Rigel Flow-Tech Private Limited | ₹2.49 Cr (FY 2025) | 3.0% | Hubli, Karnataka, India | |||
| Jirawala Plastech Private Limited | ₹2.49 Cr (FY 2023) | 35.0% | Pune, Maharashtra, India | |||
| Green Worth Eco Space Private Limited | ₹2.49 Cr (FY 2024) | 168.0% | Bhiwani, Haryana, India | |||
| Aeroflex Sports Floorings Private Limited | ₹2.49 Cr (FY 2024) | -26.0% | Aurangabad, Maharashtra, India | |||
| Chinmay Industrial Oxygen Private Limited | ₹2.48 Cr (FY 2025) | 16.0% | Shirur, Maharashtra, India |
To see the full peer comparison of Sungrid Projects India Private Limited, buy the company report.
Auditor
Sungrid Projects India Private Limited is audited by SURAJ GOYAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURAJ GOYAL & ASSOCIATES | FY 2023 | 036608N |
Shareholding
The shareholding of Sungrid Projects India Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sungrid Projects India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2025 | 101065874 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Sungrid Projects India Private Limited has 1 deal on record (1 rights issue); the latest was in December 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Rights issue | ₹9 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Sungrid Projects India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sungrid Projects India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sungrid Projects India Private Limited has 1 active EPFO establishment as of Apr 10, 2024.
GST
Sungrid Projects India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06ABFCS4724A1ZQ | Haryana | Active | 05 Mar 2021 |
To see the full GST registrations and return filing status of Sungrid Projects India Private Limited, buy the company report.
Recent activity
Sungrid Projects India Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Surinder Kumar ceased to be Director on 26 Dec 2024.
Frequently asked questions
Sungrid Projects India is an active private limited company based in Gurugram, Haryana, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 16 February 2021 (5+ years old) and is registered under CIN U40100HR2021PTC092950.
Sungrid Projects India has 2 current directors:
- Nitin Rana - Director
- Nidhi Rana - Director
The latest financial statements of Sungrid Projects India 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 2021 are in the company report.
The GSTIN of Sungrid Projects India is 06ABFCS4724A1ZQ, registered in Haryana.
The CIN (Corporate Identification Number) of Sungrid Projects India is U40100HR2021PTC092950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sungrid Projects India was incorporated on 16 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
Sungrid Projects India has 1 deal on record (1 rights issue); the latest was in December 2022.
The peers of Sungrid Projects India by revenue are Rolex Paints Private Limited, Varadlaxmi Industries Private Limited, Wemix Green Concrete Private Limited, Shriram Gearboxes Private Limited, Pakrashi-Harmonium Private Limited and 5 more, all in the same principal business activity (other manufacturing).
Surinder Kumar ceased to be Director on 26 Dec 2024. Nidhi Rana was appointed as Director on 25 Dec 2024. Nitin Rana was appointed as Director on 16 Feb 2021.
Yes, Sungrid Projects India is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-05-0023225).
Sungrid Projects India can be reached through the website sungridsolar.com. Its registered office is in Gurugram, Haryana, India.

