Citizen Solar Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.86 M
- Company Age 7 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 32.88 Cr
- Satisfied Charges ₹ 9.82 Cr
- Revenue Growth 15.84%
- Profit Growth 8.21%
- Ebitda -4.59%
- Net Worth 13.29%
- Total Assets 8.31%
About Citizen Solar
Citizen Solar Private Limited (CSPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 May 2017 (Seven years and eight months 10 days old ). Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Citizen Energy Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 1.00 Cr and a paid-up capital of Rs 7.86 M.
The company currently has active open charges totaling ₹32.88 Cr. The company has closed loans amounting to ₹9.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U65993GJ2017PTC097598
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Company No.
097598
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 May 2017
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Date of AGM
31 Jul 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Citizen Solar Private Limited offer?
Citizen Solar Private Limited offers a wide range of products and services, including Solar Power Plants, On Grid Solar Power Systems, Solar Panels, Polycrystalline Solar Panels, Solar Inverter, Off Grid Solar Inverter, Off Grid Solar Power Plant, Monocrystalline Solar Panel, Solar Pumps, Solar Water Pump.
Who are the key members and board of directors at Citizen Solar?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harsh Jain
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Director | 26-May-2017 | Current |
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Omprakash Jain
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Director | 09-Nov-2017 | Current |
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Tansukhraj Jain
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Director | 01-Nov-2017 | Current |
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Ravindra Jain
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Director | 26-May-2017 | Current |
Financial Performance of Citizen Solar.
Citizen Solar Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.84% increase. The company also saw a slight improvement in profitability, with a 8.21% increase in profit. The company's net worth Soared by an impressive increase of 13.29%.
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What is the Ownership and Shareholding Structure of Citizen Solar?
In 2023, Citizen Solar had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Citizen Infoline LimitedOmprakash Jain and Ravindra Jain are mutual person
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Citizen Exports Private LimitedRavindra Jain is a mutual person
Charges (Loans)
₹32.88 Cr
₹9.82 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 32.88 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2019 | Hdfc Bank Limited | ₹32.88 Cr | Open |
| 23 Feb 2018 | The South Indian Bank Limited | ₹9.82 Cr | Satisfied |
How Many Employees Work at Citizen Solar?
Citizen Solar has a workforce of 44 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Citizen Solar, 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 Citizen Solar's trajectory.
Rating
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
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.
