About Sunsolar Renewable Energy Private Limited
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Sunsolar Renewable Energy Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 07 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40102MH2007PTC171395. Its GSTIN is 27AADCR8964L1ZM (Maharashtra).
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹30 Cr. It was formerly known as Rolta Power Private Limited and Rolta Power Limited. It is led by directors Rangarajan Sundaram and Kamal Singh Krishan.
Its last annual general meeting (AGM) was held on 26 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 21 Stfloor Makertowerf Cuffeparade, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.33 Lakh. For the same year it recorded a net loss of ₹1.61 Cr and EBITDA of -₹65.54 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 40% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹87 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹29.95 Cr; the latest was in March 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunsolarrenewable.com.
Company details
Name history
Sunsolar Renewable Energy has undergone 3 name changes throughout its history. The company was previously known as Rolta Power Private Limited, Rolta Power Limited, and Rolta Realty Limited. The current legal name is Sunsolar Renewable Energy Private Limited.
| Company Name | Status |
|---|---|
| Sunsolar Renewable Energy Private Limited | Current |
| Rolta Power Private Limited | Previous |
| Rolta Power Limited | Previous |
| Rolta Realty Limited | Previous |
CIN history
Sunsolar Renewable Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40102MH2007PTC171395, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40102MH2007PTC171395 | Current |
| U40102MH2007PLC171395 | Previous |
| U70102MH2007PLC171395 | Previous |
Contact details
Sunsolar Renewable Energy Private Limited's registered office is in Mumbai, Maharashtra. Its website is sunsolarrenewable.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address21 Stfloor Makertowerf Cuffeparade, Mumbai, Maharashtra, India – 400005
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Sunsolar Renewable Energy 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
Financials of Sunsolar Renewable Energy Private Limited
FY 2023 filings availableSunsolar Renewable Energy Private Limited reported revenue of ₹2.33 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years. EBITDA fell 182% 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
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| EBITDA | -₹65.54 Lakh | ||||
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| Net Profit (PAT) | -₹1.61 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Sunsolar Renewable Energy Private Limited, buy the company report.
Board of directors of Sunsolar Renewable Energy Private Limited
Sunsolar Renewable Energy 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 |
|---|---|---|---|---|
| Rangarajan Sundaram | Director | 28 Mar 2022 | 4 Years 7 Months | Current |
| Kamal Singh Krishan Also directs: Rolta Private Limited, Rolta Generative Intelligence Limited, Rolta Properties Private Limited and 5 more | Director | 07 Jun 2007 | 19 Years 4 Months | Current |
Auditor
Sunsolar Renewable Energy Private Limited is audited by S M KAPOOR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M KAPOOR & CO | FY 2019 | 104809W |
Shareholding
The shareholding of Sunsolar Renewable Energy Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sunsolar Renewable Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2014 | 10506881 | Central Bank of India | ₹45 Cr | Open | |
| 20 Mar 2014 | 10506889 | Central Bank of India | ₹42 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Sunsolar Renewable Energy Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹29.95 Cr; the latest was in March 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Rolta Shares and Stocks Private Limited , Rolta Holding and Finance Corporation Private Limited , 2 individuals Seller: Rolta Private Limited , an individual |
| Sep 2015 | Funding round | ₹20 Cr | Investors: Rolta Private Limited |
| Mar 2014 | Funding round | ₹9.85 Cr | Investors: Rolta Private Limited |
| Mar 2009 | Funding round | ₹10 Lakh | Investors: Rolta Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sunsolar Renewable Energy Private Limited has 4 court cases on record: 1 filed by Sunsolar Renewable Energy, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by M/S. Spenta Multimedia Pvt. Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against M/S. Srilan Energy Pvt. Ltd Others | Disposed |
| Bombay High Court | Court case (ABA) | Filed against the company | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Pr.Commissoiner of Income Tax-3,Mumbai | Disposed |
To see the full case history of Sunsolar Renewable Energy 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 Sunsolar Renewable Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sunsolar Renewable Energy Private Limited has a workforce of 5 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Sunsolar Renewable Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCR8964L1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sunsolar Renewable Energy Private Limited, buy the company report.
Recent activity
Sunsolar Renewable Energy Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Rangarajan Sundaram ceased to be Additional Director on 28 Sep 2022.
News
Frequently asked questions
Sunsolar Renewable Energy is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 07 June 2007 (19+ years old) and is registered under CIN U40102MH2007PTC171395.
Sunsolar Renewable Energy has 2 current directors:
- Rangarajan Sundaram - Director
- Kamal Singh Krishan - Director
The latest financial statements of Sunsolar Renewable Energy on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 26 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Sunsolar Renewable Energy is 27AADCR8964L1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sunsolar Renewable Energy is U40102MH2007PTC171395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunsolar Renewable Energy has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Sunsolar Renewable Energy was incorporated on 07 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunsolar Renewable Energy has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹29.95 Cr; the latest was in March 2016.
Rangarajan Sundaram ceased to be Additional Director on 28 Sep 2022. Aditya Kamal Singh ceased to be Managing Director on 28 Mar 2022. Rangarajan Sundaram was appointed as Director on 28 Mar 2022. Sunsolar Renewable Energy has 6 board changes on record in total.
Sunsolar Renewable Energy can be reached through the website sunsolarrenewable.com. Its registered office is in Mumbai, Maharashtra, India.