About Sunjivan Solar Technologies Private Limited
Data last updated:
Sunjivan Solar Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 01 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29253PN2014PTC152365. Its GSTIN is 27AABCU7432N1ZW (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Ultratech Solar Technologies Private Limited and Utseco Solar Technologies Private Limited. It is led by directors including Sandip Mohan Nimbalkar and Dadasaheb Uttam Devgunde.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at G No. 679/2/3 C/O Rudra Engineers Kuruli, Pune, Maharashtra, India – 410502.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.24 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Lakh (net margin 1.8%) and EBITDA of ₹5.97 Lakh (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 6% over five years.
The company is associated with 3 brands: Ultratech Solar Technologies, Sunjivan Solar Technologies and UtsEco Solar. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mysolarwaterheater.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressG No. 679/2/3 C/O Rudra Engineers Kuruli, Pune, Maharashtra, India – 410502
- 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 Sunjivan Solar Technologies Private Limited
The main business activity of Sunjivan Solar Technologies is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | 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 Sunjivan Solar Technologies Private Limited FY 2021 filings available
Sunjivan Solar Technologies Private Limited reported revenue of ₹1.24 Cr (down 30% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Sunjivan Solar Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 30% fall in the latest year. EBITDA fell 42% 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 Sunjivan Solar Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.97 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.28 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Sunjivan Solar Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Sunjivan Solar Technologies 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.
Auditor Details of Sunjivan Solar Technologies Private Limited
Sunjivan Solar Technologies Private Limited is audited by K B B AND ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K B B AND ASSOCIATES | 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 Sunjivan Solar Technologies Private Limited
Sunjivan Solar Technologies 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 |
|---|---|---|---|---|
| Sandip Mohan Nimbalkar | Director | 01 Sep 2014 | 12 Years 1 Months | Current |
| Sushila Mhatardeo Avhad | Additional Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Dadasaheb Uttam Devgunde | Director | 01 Sep 2014 | 12 Years 1 Months | Current |
Ownership and Shareholding of Sunjivan Solar Technologies 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 Sunjivan Solar Technologies Private Limited
Sunjivan Solar Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Sunjivan Solar Technologies Private Limited
Sunjivan Solar Technologies Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Bajaj Finance Limited | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Bajaj Finance Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Ultratech Cement Limited | Disposed |
| Bombay High Court | Court case (LPETN) | Filed against the company by Ultratech Cement Limited | Disposed |
| Bombay High Court | Court case (COMIP) | Filed against the company by Ultratech Cement Limited | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Sunjivan Solar Technologies Private Limited
Sunjivan Solar Technologies operates multiple associated brands including Ultratech Solar Technologies, Sunjivan Solar Technologies, and UtsEco Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality residential and commercial solar water heaters. | mysolarwaterheater.com | |
| Manufactures solar water heaters for efficient renewable energy use. | sunjivansolar.com | |
| Manufactures high-quality solar water heaters and supplies them across various Indian cities and regions. | utseco.com |
Competitors & Alternatives of Sunjivan Solar Technologies Private Limited
Brands and companies operating in the same space as Sunjivan Solar Technologies Private Limited include Zodiac Energy, Enerworks, Chromagen and 3 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Zodiac Energy | Solar parabolic troughs, water heaters, and PV modules are installed. | Ahmedabad, India | 1992 |
 Enerworks | Solar thermal energy technology developer | Woodstock, Canada | 1998 |
 Chromagen | Solar and electric water heating systems are manufactured globally. | Haifa, Israel | 1962 |
 VSVPRO | Offers solutions for air conditioning and heating systems to optimize energy efficiency. | Riga, Latvia | 2024 |
 Sunne Heater | Solar water heaters are manufactured for domestic use. | Mayaguez, Puerto Rico, United States | 2010 |
 Frisquet | Delivers smart solar water heating solutions for efficient energy use. | Meaux, France | 1936 |
Employees and EPFO Compliance at Sunjivan Solar Technologies Private Limited
Employment history and EPFO contributions of people linked to Sunjivan Solar Technologies.
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.
Name History of Sunjivan Solar Technologies Private Limited
Sunjivan Solar Technologies has undergone 2 name changes throughout its history. The company was previously known as Ultratech Solar Technologies Private Limited, and Utseco Solar Technologies Private Limited. The current legal name is Sunjivan Solar Technologies Private Limited.
| Company Name | Status |
|---|---|
| Sunjivan Solar Technologies Private Limited | Current |
| Ultratech Solar Technologies Private Limited | Previous |
| Utseco Solar Technologies Private Limited | Previous |
Recent Activity on Sunjivan Solar Technologies Private Limited
Director changes at Sunjivan Solar Technologies Private Limited
Sunjivan Solar Technologies Private Limited has 7 board changes on record since 2014: 3 appointments and 4 cessations. The latest: Siddhesh Shashikant Avhad ceased to be Additional Director on 01 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for Sunjivan Solar Technologies 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 Sunjivan Solar Technologies 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 Sunjivan Solar Technologies 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 Sunjivan Solar Technologies Private Limited
Sunjivan Solar Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCU7432N1ZW | Maharashtra | 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 Sunjivan Solar Technologies 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 Sunjivan Solar Technologies Private Limited
Sunjivan Solar Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 01 September 2014 (12+ years old) and is registered under CIN U29253PN2014PTC152365.
Sunjivan Solar Technologies reported revenue of ₹1.24 Cr for FY 2021 (down 30% YoY).
Sunjivan Solar Technologies has 3 current directors:
- Sandip Mohan Nimbalkar - Director
- Sushila Mhatardeo Avhad - Additional Director
- Dadasaheb Uttam Devgunde - Director
Sunjivan Solar Technologies reported a net profit of ₹2.28 Lakh (net margin 1.8%) and EBITDA of ₹5.97 Lakh (EBITDA margin 4.8%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sunjivan Solar Technologies is -11% over three years and -6% over five years. In the latest year (FY 2021) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sunjivan Solar Technologies is 27AABCU7432N1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sunjivan Solar Technologies is U29253PN2014PTC152365. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunjivan Solar Technologies has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the high courts.
Sunjivan Solar Technologies was incorporated on 01 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Siddhesh Shashikant Avhad ceased to be Additional Director on 01 Apr 2023. Sushila Mhatardeo Avhad was appointed as Additional Director on 01 Apr 2023. Sushila Mhatardeo Avhad ceased to be Director on 18 Feb 2022. Sunjivan Solar Technologies has 7 board changes on record in total.