About Sunvest Energy Private Limited
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Sunvest Energy Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 26 March 2015.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC263020. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹80 Lakh and a paid-up capital of ₹76.02 Lakh. It was led by directors Sishir Garemella and Lakshmi Rajya Garemella.
Its last annual general meeting (AGM) was held on 31 August 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at B – 608 Crystal Plaza New Link Road Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.12 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹7.38 Lakh and EBITDA of -₹7.38 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 78% over three years.
The company was associated with 1 brand: Sunvest Energy. As per MCA filings, the company had satisfied charges of ₹1.5 Cr on record.
The last known website on record is sunvest.in.
Company details
Contact details
Sunvest Energy Private Limited's registered office is in Mumbai, Maharashtra. Its website is sunvest.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 608 Crystal Plaza New Link Road Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Sunvest 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
Brands
Sunvest Energy operates one associated brand: Sunvest Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides solar energy services to support sustainable power solutions. | sunvest.in |
Business activity
The main business activity of Sunvest Energy is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
Financials of Sunvest Energy Private Limited
FY 2020 filings availableSunvest Energy Private Limited reported revenue of ₹1.12 Lakh (down 96% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 78% over three years, including a 96% fall in the latest year. EBITDA rose 76% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.12 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.38 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sunvest Energy Private Limited, buy the company report.
Board of directors of Sunvest Energy Private Limited
Sunvest Energy has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sishir Garemella | Director | 26 Mar 2015 | 11 Years 7 Months | As last reported |
| Lakshmi Rajya Garemella | Director | 26 Mar 2015 | 11 Years 7 Months | As last reported |
Auditor
Sunvest Energy Private Limited is audited by SHAILESH PANDEY & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAILESH PANDEY & CO | FY 2019 | 133595W |
Shareholding
The shareholding of Sunvest 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 Sunvest Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2017 | 100153920 | State Bank of India | ₹1.5 Cr | Satisfied |
To see the full charge records of Sunvest Energy Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sunvest Energy 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 Sunvest Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sunvest Energy has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sunvest Energy Private Limited, buy the company report.
Recent activity
Sunvest Energy Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Lakshmi Rajya Garemella was appointed as Director on 26 Mar 2015.
Frequently asked questions
Sunvest Energy has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sunvest Energy was a private limited company based in Mumbai, Maharashtra, India. The company worked in power equipment manufacturers, within the energy and power industry. It was incorporated on 26 March 2015 and is registered under CIN U74999MH2015PTC263020. The company has been struck off by the Registrar of Companies and is no longer operational.
Sunvest Energy had 2 directors:
- Sishir Garemella - Director
- Lakshmi Rajya Garemella - Director
The CIN (Corporate Identification Number) of Sunvest Energy is U74999MH2015PTC263020. 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 Sunvest Energy is at B – 608 Crystal Plaza New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
Sunvest Energy was incorporated on 26 March 2015. It is registered with the Registrar of Companies, Mumbai.
Sunvest Energy can be reached through the website sunvest.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Sunvest Energy on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 August 2020. Year-wise statements from 2015 are in the company report.
No. Sunvest Energy has 1 GST registration on record and it is cancelled or inactive.
Sunvest Energy operated in the energy and power industry, in the power equipment manufacturers segment. It worked in this industry before it was struck off.
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