Swaraj Solar Private Limited
About Swaraj Solar Private Limited
Data last updated:
Swaraj Solar Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 03 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2011PTC066623. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹12 Lakh. It was formerly known as Star Power Cosmotech Private Limited. It is led by directors Ghanshyam Kalabhai Sardhara and Rekhaben Ghanshyam Sardhara.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Rajkot, Gujarat.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.28 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹11,751 (net margin 0.1%) and EBITDA of ₹9.15 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
As per MCA filings, the company has open charges of ₹45 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Swaraj Solar Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressGround Floor Office No. 3 Mansi Plaza Nana Mouva Main Road Nr Suryamukhi Hanu, Man Tample, Rajkot, Gujarat, India – 360004
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Swaraj 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 Swaraj Solar is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Swaraj Solar Private Limited, buy the company report.
Financials of Swaraj Solar Private Limited
FY 2019 filings availableSwaraj Solar Private Limited reported revenue of ₹1.28 Cr (down 28% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 6% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.28 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | ₹9.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11,751 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Swaraj Solar Private Limited, buy the company report.
Board of directors of Swaraj Solar Private Limited
Swaraj Solar has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghanshyam Kalabhai Sardhara | Director | 03 Aug 2011 | 15 Years 2 Months | Current |
| Rekhaben Ghanshyam Sardhara | Director | 03 Aug 2011 | 15 Years 2 Months | Current |
Auditor
Swaraj Solar Private Limited is audited by M. THACKER & CO. for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. THACKER & CO. | FY 2019 | 147424W |
Shareholding
The shareholding of Swaraj Solar 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 Swaraj Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2013 | 10406778 | Bank of India | ₹45 Lakh | Open |
To see the full charge records of Swaraj Solar Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Swaraj Solar Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Shriram Finance Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Shriram City Union Finance Ltd | Pending |
| District court, RAJKOT, Gujarat | Commercial matter | Filed against the company by Bajaj Finance Ltd.( and 1 other | Disposed |
To see the full case history of Swaraj Solar 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 Swaraj Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swaraj Solar 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 Swaraj Solar Private Limited, buy the company report.
Recent activity
Swaraj Solar Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Ghanshyam Kalabhai Sardhara was appointed as Director on 03 Aug 2011.
Frequently asked questions
Swaraj Solar is an active private limited company based in Rajkot, Gujarat, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 03 August 2011 (15+ years old) and is registered under CIN U29100GJ2011PTC066623.
Swaraj Solar has 2 current directors:
- Ghanshyam Kalabhai Sardhara - Director
- Rekhaben Ghanshyam Sardhara - Director
The latest financial statements of Swaraj Solar on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Swaraj Solar has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Swaraj Solar is U29100GJ2011PTC066623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swaraj Solar has 3 court cases on record: 3 filed against it. 2 are pending.
Swaraj Solar was incorporated on 03 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ghanshyam Kalabhai Sardhara was appointed as Director on 03 Aug 2011. Rekhaben Ghanshyam Sardhara was appointed as Director on 03 Aug 2011.
The registered office of Swaraj Solar is at Ground Floor Office No. 3 Mansi Plaza Nana Mouva Main Road Nr Suryamukhi Hanu, Man Tample, Rajkot, Gujarat, India – 360004.
Swaraj Solar operates in the environment industry, in the solar energy solutions segment.
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