Canal Solar Energy Private Limited

Produces and sells solar power through a manufacturing plant in Punjab.

2017 | Muktsar, Punjab (India) | Active
Last Updated: January 05, 2025

Canal Solar Energy Profile

Key Indicators

  • Authorised Capital ₹ 23.00 Cr
  • Paid Up Capital ₹ 23.00 Cr
  • Company Age 8 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.98 Cr
  • Satisfied Charges ₹ 169.86 Cr
  • Revenue Growth 0.97%
  • Profit Growth 215.08%
  • Ebitda -0.89%
  • Net Worth 32.37%
  • Total Assets 4.10%

About Canal Solar Energy

Canal Solar Energy Private Limited (CSEPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 January 2017 (Eight years and one month 20 days old ). Its registered office is in Muktsar, Punjab, India.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 23.00 Cr and a paid-up capital of Rs 23.00 Cr.

The company currently has active open charges totaling ₹18.98 Cr. The company has closed loans amounting to ₹169.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Canal Solar Energy Private Limited India is Shahzad Ali as COMPANY SECRETARY. Harsh Awla and Vinod Dhir serve as directors at the Company.

Company Details

  • Location

    Muktsar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sael.co

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40300PB2017PTC045990

  • Company No.

    045990

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jan 2017

  • Date of AGM

    10 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Environment

Who are the key members and board of directors at Canal Solar Energy?

Executive Team (1)

NameDesignationAppointment DateStatus
Shahzad Ali Country flag representing In Company Secretary01-Aug-2020Current

Board Members (2)

NameDesignationAppointment DateStatus
Harsh Awla Country flag representing In Director 21-Feb-2024Current
Vinod Dhir Additional Director 09-Dec-2024Current

Financial Performance of Canal Solar Energy.

Canal Solar Energy Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 0.97% increase. The company also saw a substantial improvement in profitability, with a 215.08% increase in profit. The company's net worth Soared by an impressive increase of 32.37%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
0.97%
Revenue from Operations
-2.77%
Total Assets
4.10%
Profit or Loss
215.08%
Net Worth
32.37%
EBITDA
-0.89%

What is the Ownership and Shareholding Structure of Canal Solar Energy?

In 2020, Canal Solar Energy had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.98 Cr

Satisfied Charges

₹169.86 Cr

Charges Breakdown by Lending Institutions

  • Others : 18.98 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 2020Others₹18.98 CrOpen
12 Jun 2023Others₹55.00 CrSatisfied
12 Jun 2023Others₹20.00 CrSatisfied
21 Feb 2023Others₹61.00 CrSatisfied
04 Jan 2018Others₹33.86 CrSatisfied

How Many Employees Work at Canal Solar Energy?

Unlock and access historical data on people associated with Canal Solar Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Canal Solar Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Canal Solar Energy's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Canal Solar Energy

Recent activity within the organization

  • Director Appointment

    Vinod Kumar Dhir was appointed as a Additional Director was appointed as a Additional Director on 09 Dec 2024 & has been associated with this company since 2 months 16 days .

    09 Dec 2024

  • Charges

    A charge registered on 21 Feb 2023 via Charge ID 100697255 with Others was fully satisfied on 17 Sep 2024.

    17 Sep 2024

  • Annual General Meeting

    Canal Solar Energy Private Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.

    10 Sep 2024

  • Charges

    A charge registered on 12 Jun 2023 via Charge ID 100740541 with Others was fully satisfied on 29 Aug 2024.

    29 Aug 2024

  • Charges

    A charge registered on 12 Jun 2023 via Charge ID 100738710 with Others was fully satisfied on 26 Aug 2024.

    26 Aug 2024

  • Balance Sheet

    Canal Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

Frequently asked questions

  • Canal Solar Energy Private Limited was incorporated on 02 Jan 2017.

  • The authorized share capital of Canal Solar Energy Private Limited is ₹ 23.00 Cr and paid-up capital is ₹ 23.00 Cr.

  • Currently 3 directors are associated with Canal Solar Energy Private Limited.

    • Harsh Awla
    • Vinod Kumar Dhir
    • Shahzad Ali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Canal Solar Energy Private Limited is Faridkot Road India, Guruharsahai, Punjab, 152022.

  • The corporate identification number (CIN) of Canal Solar Energy Private Limited is U40300PB2017PTC045990 and the company number is 045990 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Canal Solar Energy Private Limited is https://www.sael.co

  • According to the financial reports for the fiscal year 2022, the revenue trend for Canal Solar Energy Private Limited has risen by 0.97%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Canal Solar Energy Private Limited has experienced an upsurge of 32.37%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Canal Solar Energy Private Limited amount to ₹ 18.98 Cr.

  • The most recent Balance Sheet for Canal Solar Energy Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Solar Energy Solutions