Sunshot Solar Private Limited
About Sunshot Solar Private Limited
Data last updated:
Sunshot Solar Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Be Onsite Solar Energy Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 11 January 2018.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2018PTC174276. Its GSTIN is 29AAZCS7172B1ZQ (Karnataka). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹4 Cr and a paid-up capital of ₹5.3 Lakh. It was led by directors including Nitin Kumar Saxena (Whole-Time Director) and Indrajeet Prakash Dudile.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Pune, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.79 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹1.23 Cr (net margin -69.1%) and EBITDA of ₹1.24 Cr (EBITDA margin 69.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
Company details
Contact details
Sunshot Solar Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address3rd Floor Unit #302 Go Square Wing A Wakad Road Kaspate Wasti Wakad Pimpri, Chinchwad, Pune, Maharashtra, India – 411057
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Sunshot Solar 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 Sunshot Solar is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| 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 Sunshot Solar Private Limited, buy the company report.
Financials of Sunshot Solar Private Limited
FY 2022 filings availableSunshot Solar Private Limited reported revenue of ₹1.79 Cr (down 3% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 5% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.79 Cr | ||||
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| EBITDA | ₹1.24 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.23 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 69.5% | ||||
| Net Profit Margin | -69.1% | ||||
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To see the full financial statements and ratios of Sunshot Solar Private Limited, buy the company report.
Board of directors of Sunshot Solar Private Limited
Sunshot Solar has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Kumar Saxena Also directs: Ellora Capital LLP, Elloracap Partners Advisory LLP, Zion International Food Ingredients Private Limited and 2 more | Whole-Time Director | 04 Sep 2018 | 8 Years 2 Months | As last reported |
| Leng Diana | Additional Director | 09 Dec 2022 | 3 Years 10 Months | As last reported |
| Indrajeet Prakash Dudile Also directs: Sunshot Technologies LLP, Becis Solar 1 Private Limited, Becis Solar 2 Private Limited and 1 more | Director | 22 Feb 2022 | 4 Years 8 Months | As last reported |
| Mehmet Eren Ergin | Director | 28 Mar 2022 | 4 Years 7 Months | As last reported |
| Rahul Dasari Also directs: Sunshot Technologies LLP, Becis Solar 3 Private Limited | Director | 23 Oct 2020 | 6 Years 0 Months | As last reported |
Auditor
Sunshot Solar Private Limited is audited by M S K A & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & ASSOCIATES | FY 2019 | 105047W |
Shareholding
The shareholding of Sunshot Solar Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sunshot Solar Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sunshot Solar 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 Sunshot Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sunshot Solar has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAZCS7172B1ZQ | Karnataka | Active | 21 Feb 2018 |
| 27AAZCS7172B1ZU | Maharashtra | Active | 26 Nov 2020 |
To see the full GST registrations and return filing status of Sunshot Solar Private Limited, buy the company report.
Recent activity
Sunshot Solar Private Limited has 14 board changes on record since 2018: 5 appointments and 9 cessations. The latest: Leng Diana was appointed as Additional Director on 09 Dec 2022.
5 earlier events are in the company report.
Frequently asked questions
Sunshot Solar has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sunshot Solar was a private limited company based in Pune, Maharashtra, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 11 January 2018 and is registered under CIN U74999PN2018PTC174276. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sunshot Solar was incorporated on 11 January 2018. It is registered with the Registrar of Companies, Pune.
Sunshot Solar had 5 directors:
- Nitin Kumar Saxena - Whole-Time Director
- Leng Diana - Additional Director
- Indrajeet Prakash Dudile - Director
- Mehmet Eren Ergin - Director
- Rahul Dasari - Director
The CIN (Corporate Identification Number) of Sunshot Solar is U74999PN2018PTC174276. 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 Sunshot Solar is at 3rd Floor Unit #302 Go Square Wing A Wakad Road Kaspate Wasti Wakad Pimpri, Chinchwad, Pune, Maharashtra, India – 411057.
The latest financial statements of Sunshot Solar on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Sunshot Solar is 29AAZCS7172B1ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAZCS7172B1ZU (Maharashtra).
Sunshot Solar operated in the environment industry, in the solar energy solutions segment.
Leng Diana was appointed as Additional Director on 09 Dec 2022. Indrajeet Prakash Dudile ceased to be Additional Director on 30 Sep 2022. Mehmet Eren Ergin ceased to be Additional Director on 30 Sep 2022. Sunshot Solar has 14 board changes on record in total.
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