About Sunsole Renewables Private Limited
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Sunsole Renewables Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Cleantech India Oa Pte. Ltd. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 04 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2020PTC337143. Its GSTIN is 27ABDCS3707P1ZW (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹67.81 Lakh. It is led by directors including Vikash Agarwal and Namit Sharma.
Its last annual general meeting (AGM) was held on 24 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 2026, the company reported a revenue of ₹2.25 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹30.68 Lakh (net margin -13.6%) and EBITDA of ₹2 Cr (EBITDA margin 88.8%).
As per MCA filings, the company has open charges of ₹15.27 Cr and satisfied charges of ₹12.84 Cr on record. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹95.8 Lakh; the latest was in August 2022. Its 7 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 3 smaller; the largest is Vasuprada Energy Private Limited with revenue of ₹2.53 Cr.
For more details, the company can be reached via its website cleantechsolar.com.
Company details
Contact details
Sunsole Renewables Private Limited's registered office is in Mumbai, Maharashtra. Its website is cleantechsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address105 1st Flr E Wing Corporate Avenue, A K Link Rd Chakala Andheri E, Mumbai, Maharashtra, India – 400099
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Sunsole Renewables 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 Sunsole Renewables 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 Sunsole Renewables Private Limited, buy the company report.
Financials of Sunsole Renewables Private Limited
FY 2025 filings availableSunsole Renewables Private Limited reported revenue of ₹2.25 Cr (down 11% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year. EBITDA fell 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹2 Cr | ||||
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| Net Profit (PAT) | -₹30.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | 88.8% | ||||
| Net Profit Margin | -13.6% | ||||
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To see the full financial statements and ratios of Sunsole Renewables Private Limited, buy the company report.
Board of directors of Sunsole Renewables Private Limited
Sunsole Renewables has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikash Agarwal Also directs: Anaveel Renewables Private Limited, Balang Renewables Private Limited, Putrim Renewables Private Limited and 5 more | Director | 04 Feb 2020 | 6 Years 8 Months | Current |
| Namit Sharma Also directs: Hexis Renewables Private Limited, Sthooma Renewables Private Limited, Anaveel Renewables Private Limited and 5 more | Director | 04 Feb 2020 | 6 Years 8 Months | Current |
| Apoorv Parakh | Director | 25 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Sunsole Renewables Private Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vasuprada Energy Private Limited | ₹2.53 Cr (FY 2025) | Noida, Uttar Pradesh, India | ||||
| Fpel Mega Solar Private Limited | ₹2.52 Cr (FY 2025) | 26.0% | Hyderabad, Telangana, India | |||
| Ranergy Solutions Private Limited | ₹2.52 Cr (FY 2024) | -27.0% | Chennai, Tamil Nadu, India | |||
| Arnav Renewable Energy Private Limited | ₹2.52 Cr (FY 2025) | -1.0% | Hyderabad, Telangana, India | |||
| BSG Solar Eco Energy Private Limited | ₹2.51 Cr (FY 2024) | -57.0% | Hamirpur, Himachal Pradesh, India | |||
| SDS Solar Private Limited | ₹2.51 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Shri Sharan Solar Private Limited | ₹2.49 Cr (FY 2025) | -16.0% | Gokak, Karnataka, India | |||
| Sunsole Renewables Private Limitedthis company | ₹2.25 Cr (FY 2026) | -₹30.68 Lakh | -13.6% | -11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sunsole Renewables Private Limited, buy the company report.
Auditor
Sunsole Renewables Private Limited is audited by R J N & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R J N & Associates | FY 2022 | 019064S |
Shareholding
The shareholding of Sunsole Renewables Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
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| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sunsole Renewables Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2025 | 101080780 | Others | ₹15.27 Cr | Open | |
| 15 Nov 2021 | 100501323 | Sbicap Trustee Company Limited | ₹12.84 Cr | Satisfied |
To see the full charge records of Sunsole Renewables Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Sunsole Renewables Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹95.8 Lakh; the latest was in August 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Rights issue | ₹4.39 Cr | Investors: Cleantech India OA Pte Limited, Siemens Limited |
| Feb 2022 | Funding round | ₹95.8 Lakh | Investors: Cleantech India OA Pte Limited, Siemens Limited |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: Cleantech India OA Pte Limited, Cleantech India OA Pte Limited & Namit Sharma Seller: CSE Development (India) Private Limited & Namit Sharma, Cse Development (India) Private Limited |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: Cse Development (India) Private Limited , CSE Development (India) Private Limited & Namit Sharma Seller: 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 Sunsole Renewables Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Sunsole Renewables Private Limited was last rated by Icra on 14 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 14 Jun 2022 |
To see the full credit ratings and regulatory alerts of Sunsole Renewables Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sunsole Renewables Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sunsole Renewables has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABDCS3707P1ZW | Maharashtra | Active | 11 Nov 2020 |
To see the full GST registrations and return filing status of Sunsole Renewables Private Limited, buy the company report.
Recent activity
Sunsole Renewables Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Apoorv Parakh ceased to be Additional Director on 28 Sep 2022.
Frequently asked questions
Sunsole Renewables 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 04 February 2020 (6+ years old) and is registered under CIN U40106MH2020PTC337143.
Sunsole Renewables has 3 current directors:
- Vikash Agarwal - Director
- Namit Sharma - Director
- Apoorv Parakh - Director
The latest financial statements of Sunsole Renewables on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Sunsole Renewables is 27ABDCS3707P1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sunsole Renewables is U40106MH2020PTC337143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunsole Renewables was incorporated on 04 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunsole Renewables has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹95.8 Lakh; the latest was in August 2022.
The peers of Sunsole Renewables by revenue are Vasuprada Energy Private Limited, Fpel Mega Solar Private Limited, Ranergy Solutions Private Limited, Arnav Renewable Energy Private Limited, BSG Solar Eco Energy Private Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Apoorv Parakh ceased to be Additional Director on 28 Sep 2022. Apoorv Parakh was appointed as Director on 25 Mar 2022. Namit Sharma was appointed as Director on 04 Feb 2020. Sunsole Renewables has 4 board changes on record in total.
Sunsole Renewables can be reached through the website cleantechsolar.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sunsole Renewables is at 105 1st Flr E Wing Corporate Avenue, A K Link Rd Chakala Andheri E, Mumbai, Maharashtra, India – 400099.