About Sunstore Solar Private Limited
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Sunstore Solar Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 02 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2021PTC366761. Its GSTIN is 27ABGCS7616C1ZC (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.08 Lakh. It is led by directors Anand Rajkumar Jain and Vikesh Pawan Kumar Agrawal.
Its last annual general meeting (AGM) was held on 30 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 2025, the company reported a revenue of ₹262.32 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹64.66 Lakh (net margin -0.2%) and EBITDA of ₹1.99 Cr (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spinkraft Ventures. As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹3.19 Cr on record. The company has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in January 2026. Its 10 peer companies in the same principal business activity (Retail Trading) are compared by revenue, 5 larger and 5 smaller; the largest is Shantesha Motors Private Limited with revenue of ₹263.37 Cr. The company has 5 MSME Form 1 returns on record between 2022 and 2024, listing 16 overdue payments to 13 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spinkraft.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressR City Offices 08th Floor, Lbs Marg Ghatkopar West, Mumbai, Maharashtra, India – 400086
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
Associated Brands with Sunstore Solar Private Limited
Sunstore Solar operates one associated brand: Spinkraft Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of quality solar products and solutions for sustainable energy needs | spinkraft.com |
Business Activity of Sunstore Solar Private Limited
The main business activity of Sunstore Solar is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Sunstore Solar Private Limited FY 2025 filings available
Sunstore Solar Private Limited reported revenue of ₹262.32 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sunstore Solar Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 65% over three years, including 22% growth 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 Sunstore Solar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.99 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹64.66 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Sunstore Solar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.8% | •••• | •••• | •••• |
| Net Profit Margin | -0.2% | •••• | •••• | •••• |
| 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 Sunstore Solar are in the company report.
Financial statements from FY 2022
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.
Board of Directors of Sunstore Solar Private Limited
Sunstore Solar has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Rajkumar Jain | Director | 26 Sep 2023 | 3 Years 0 Months | Current |
| Vikesh Pawan Kumar Agrawal | Director | 02 Nov 2023 | 2 Years 11 Months | Current |
Peer Comparison of Sunstore Solar Private Limited
Sunstore Solar Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Retail Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shantesha Motors Private Limited | ₹263.37 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Belgaum, Karnataka, India |
| Makharia Machineries Private Limited | ₹263.21 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Goodwin Jewellers Private Limited | ₹263.08 Cr (FY 2018) | •••• | •••• | -14.0% | •••• | Dombivli, Maharashtra, India |
| Keerthi Nirmal Tradelinks Private Limited | ₹262.81 Cr (FY 2022) | •••• | •••• | •••• | Thuravur, Kerala, India | |
| Admire Wheels Private Limited | ₹262.74 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Meerut, Uttar Pradesh, India |
| Sunstore Solar Private Limited this company | ₹262.32 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Malabar Kodungallur Sona Bazar Private Limited | ₹261.99 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Kozhikode, Kerala, India |
| CBM Retails Private Limited | ₹261.97 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Sankrail, West Bengal, India |
| Atul Motors Private Limited | ₹261.83 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Rajkot, Gujarat, India |
| Diana Retail Private Limited | ₹261.2 Cr (FY 2016) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Gurmaan Automobiles Private Limited | ₹260.18 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Howrah, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Sunstore Solar by revenue in the same principal business activity (Retail Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sunstore Solar Private Limited
Sunstore Solar Private Limited is audited by Kalpesh Patel & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kalpesh Patel & Co | 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.
Ownership and Shareholding of Sunstore Solar 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 Sunstore Solar Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Mar 2024 | Axis Bank Limited | ₹30 Cr | Open |
| 29 Jul 2023 | Others | ₹2.69 Cr | Satisfied |
| 28 Jul 2023 | Others | ₹50.15 Lakh | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Sunstore Solar Private Limited
Sunstore Solar Private Limited has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in January 2026.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2026 | Rights issue | ₹30.02 Cr | Investors: Aerem Solutions Private Limited |
| Mar 2025 | Rights issue | ₹5.01 Cr | Investors: Aerem Solutions Private Limited |
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: Aerem Solutions Private Limited & Anand Rajkumar Jain, Aerem Solutions Private Limited Seller: 3 individuals |
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Sunstore Solar Private Limited
Sunstore Solar Private Limited has 5 MSME Form 1 returns on record between 2022 and 2024, listing 16 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Asha Elesys Private Limited | •••• | •••• | •••• |
| Oorjan Cleantech Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Sunstore Solar Private Limited
Sunstore Solar Private Limited has a workforce of 8 employees as of Apr 08, 2024.
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.
Recent Activity on Sunstore Solar Private Limited
Sunstore Solar Private Limited has 9 board changes on record since 2021: 3 appointments and 6 cessations. The latest: Pravesh Bhargava ceased to be Director on 13 Jan 2026.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sunstore Solar 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.
Subsidiaries & Group Companies of Sunstore Solar 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 Sunstore Solar Private Limited
Sunstore Solar has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABGCS7616C1ZC | Maharashtra | Active | 09 Sep 2021 |
| 08ABGCS7616C1ZC | Rajasthan | Active | 19 Feb 2024 |
| 33ABGCS7616C1ZJ | Tamil Nadu | Active | 22 Feb 2024 |
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 Sunstore Solar 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.
Related news about Sunstore Solar Private Limited
Frequently Asked Questions about Sunstore Solar Private Limited
Sunstore Solar is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 02 September 2021 (5+ years old) and is registered under CIN U51909MH2021PTC366761.
Sunstore Solar reported revenue of ₹262.32 Cr for FY 2025 (up 22% YoY).
Sunstore Solar has 2 current directors:
- Anand Rajkumar Jain - Director
- Vikesh Pawan Kumar Agrawal - Director
Sunstore Solar reported a net loss of ₹64.66 Lakh (net margin -0.2%) and EBITDA of ₹1.99 Cr (EBITDA margin 0.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sunstore Solar is 65% over three years. In the latest year (FY 2025) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sunstore Solar is 27ABGCS7616C1ZC, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 08ABGCS7616C1ZC (Rajasthan), 33ABGCS7616C1ZJ (Tamil Nadu).
The CIN (Corporate Identification Number) of Sunstore Solar is U51909MH2021PTC366761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunstore Solar was incorporated on 02 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunstore Solar has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in January 2026.
The peers of Sunstore Solar by revenue are Shantesha Motors Private Limited, Makharia Machineries Private Limited, Goodwin Jewellers Private Limited, Keerthi Nirmal Tradelinks Private Limited, Admire Wheels Private Limited and 5 more, all in the same principal business activity (Retail Trading).
Pravesh Bhargava ceased to be Director on 13 Jan 2026. Acharan Bhanu Chandel ceased to be Director on 31 Mar 2024. Anand Rajkumar Jain ceased to be Additional Director on 03 Nov 2023. Sunstore Solar has 9 board changes on record in total.
Sunstore Solar has 5 MSME Form 1 returns on record between 2022 and 2024, listing 16 overdue payments to 13 micro and small suppliers. The latest return was filed on 29 Apr 2024.