About Sunspring Solar Private Limited
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Sunspring Solar 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 20 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2019PTC325569. Its GSTIN is 27ABCCS0860N1Z1 (Maharashtra).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.48 Cr. It is led by directors including Sudipta Saha and Pratik Yashavantrao Shitole.
Its last annual general meeting (AGM) was held on 24 June 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹1.93 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹54.59 Lakh (net margin -28.3%) and EBITDA of ₹1.24 Cr (EBITDA margin 64.5%).
As per MCA filings, the company has open charges of ₹12.11 Cr and satisfied charges of ₹9.69 Cr on record.
For more details, the company can be reached via its website cleantechsolar.com.
Company details
Contact details
Sunspring Solar Private Limited's registered office is in Mumbai, Maharashtra. Its website is cleantechsolar.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address105 1st Floor E Wing Corporate Avenue, A K Link Road Chakala Andheri East, Mumbai, Maharashtra, India – 400099
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Sunspring 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 Sunspring 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 Sunspring Solar Private Limited, buy the company report.
Financials of Sunspring Solar Private Limited
FY 2024 filings availableSunspring Solar Private Limited reported revenue of ₹1.93 Cr (down 11% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year. EBITDA fell 26% 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 | ₹1.24 Cr | ||||
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| Net Profit (PAT) | -₹54.59 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 | 64.5% | ||||
| Net Profit Margin | -28.3% | ||||
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To see the full financial statements and ratios of Sunspring Solar Private Limited, buy the company report.
Board of directors of Sunspring Solar Private Limited
Sunspring Solar has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudipta Saha Also directs: RMC Readymix Porselano (India) Limited | Director | 02 Mar 2020 | 6 Years 7 Months | Current |
| Pratik Yashavantrao Shitole Also directs: Sunflip Solar Private Limited, Flaresun Solar Private Limited | Additional Director | 02 Mar 2026 | 0 Years 7 Months | Current |
| Ajay Gajanan Desai Also directs: Alchemy Renewables Private Limited, Karakoram Renewables Private Limited, Shuddhimat Renewables Private Limited and 3 more | Additional Director | 17 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Sunspring Solar Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Goodwatts Solar Modasa 2Mw Private Limited | ₹2.2 Cr (FY 2025) | -19.0% | Ahmedabad, Gujarat, India | |||
| Torrid Solar Power Private Limited | ₹2.2 Cr (FY 2025) | -1.0% | Sadashivnagar, Karnataka, India | |||
| Talf Energy India Private Limited | ₹2.18 Cr (FY 2025) | 1347.0% | Delhi, India | |||
| Sri Kirthi Power Solutions India Private Limited | ₹2.16 Cr (FY 2024) | 7.0% | Hyderabad, Telangana, India | |||
| GKS Renewable Power Private Limited | ₹2.16 Cr (FY 2025) | 13.0% | Chennai, Tamil Nadu, India | |||
| Sandeeps Energy Private Limited | ₹2.16 Cr (FY 2024) | 24.0% | Udupi, Karnataka, India | |||
| Sunspring Solar Private Limitedthis company | ₹1.93 Cr (FY 2026) | -₹54.59 Lakh | -28.3% | -11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sunspring Solar Private Limited, buy the company report.
Auditor
Sunspring Solar 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 Sunspring Solar Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sunspring Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2025 | 101068508 | Others | ₹12.11 Cr | Open | |
| 23 Feb 2021 | 100421384 | Sbicap Trustee Company Limited | ₹9.69 Cr | Satisfied |
To see the full charge records of Sunspring Solar Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Sunspring 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 Sunspring Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sunspring Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABCCS0860N1Z1 | Maharashtra | Active | 15 Oct 2019 |
To see the full GST registrations and return filing status of Sunspring Solar Private Limited, buy the company report.
Recent activity
Sunspring Solar Private Limited has 16 board changes on record since 2019: 9 appointments and 7 cessations. The latest: Pratik Yashavantrao Shitole was appointed as Additional Director on 02 Mar 2026.
10 earlier events are in the company report.
News
Frequently asked questions
Sunspring Solar 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 20 May 2019 (7+ years old) and is registered under CIN U40106MH2019PTC325569.
Sunspring Solar has 3 current directors:
- Sudipta Saha - Director
- Pratik Yashavantrao Shitole - Additional Director
- Ajay Gajanan Desai - Additional Director
The latest financial statements of Sunspring Solar on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 June 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Sunspring Solar is 27ABCCS0860N1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sunspring Solar is U40106MH2019PTC325569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunspring Solar was incorporated on 20 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sunspring Solar by revenue are Goodwatts Solar Modasa 2Mw Private Limited, Torrid Solar Power Private Limited, Talf Energy India Private Limited, Sri Kirthi Power Solutions India Private Limited, GKS Renewable Power Private Limited and 1 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Pratik Yashavantrao Shitole was appointed as Additional Director on 02 Mar 2026. Ajay Gajanan Desai was appointed as Additional Director on 17 Sep 2025. Ankur Sinha ceased to be Director on 17 Sep 2025. Sunspring Solar has 16 board changes on record in total.
Sunspring Solar can be reached through the website cleantechsolar.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sunspring Solar is at 105 1st Floor E Wing Corporate Avenue, A K Link Road Chakala Andheri East, Mumbai, Maharashtra, India – 400099.
Sunspring Solar operates in the environment industry, in the solar energy solutions segment.