Citizen Solar Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.86 M
- Company Age 7 Year, 9 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 nine months 17 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.
Omprakash Jain, Tansukhraj Jain, Harsh Jain, and One other member serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65993GJ2017PTC097598
- Company No.
097598
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 May 2017
- Date of AGM
31 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Consumer Electronics & Durables
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.
Citizen Solar Private Limited
Explore comprehensive data for Citizen Solar Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Citizen Solar?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harsh Jain  | Director | 26-May-2017 | Current |
| Omprakash Jain | Director | 09-Nov-2017 | Current |
| Tansukhraj Jain | Director | 01-Nov-2017 | Current |
| Ravindra Jain | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Citizen Infoline LimitedOmprakash Jain and Ravindra Jain are mutual person
Citizen Exports Private LimitedRavindra Jain is a mutual person
Charges (Loans)
Open Charges
₹32.88 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Citizen Solar
Recent activity within the organization
- Annual General Meeting
Citizen Solar Private Limited last Annual general meeting of members was held on 31 Jul 2024 as per latest MCA records.
- Balance Sheet
Citizen Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Hdfc Bank Limited of Rs. 32.88 Cr registered on 29 Oct 2019 with Charge ID 100299006 was modified on 16 Mar 2024.
- Charges
A charge registered on 23 Feb 2018 via Charge ID 100162051 with The South Indian Bank Limited was fully satisfied on 04 Dec 2019.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 32.88 Cr with Charge ID 100299006 was registered on 29 Oct 2019.
- Charges
A charge with The South Indian Bank Limited amounted to Rs. 9.82 Cr with Charge ID 100162051 was registered on 23 Feb 2018.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Citizen Solar Private Limited?
Citizen Solar Private Limited was incorporated on 26 May 2017.
What is authorized share capital and paid-up capital of Citizen Solar Private Limited?
The authorized share capital of Citizen Solar Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.86 M.
Who are the current board members & directors of Citizen Solar Private Limited?
Currently 4 directors are associated with Citizen Solar Private Limited.
- Omprakash Lalchand Jain
- Tansukhraj Lalchand Jain
- Harsh Omprakash Jain
- Ravindra Omprakash Jain
What is the registered address of Citizen Solar Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Citizen Solar Private Limited is 412 Sakar Ii Ellisbridge Corner Ashram Road, India, Ahmedabad, Gujarat, 380006.
What is the corporate identification number (CIN) and company number of Citizen Solar Private Limited?
The corporate identification number (CIN) of Citizen Solar Private Limited is U65993GJ2017PTC097598 and the company number is 097598 as per Ministry of Corporate Affairs (MCA).
What is the official website of Citizen Solar Private Limited?
The Official website of Citizen Solar Private Limited is https://www.citizensolar.com
What has been the recent revenue trend for Citizen Solar Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Citizen Solar Private Limited has risen by 15.84%.
How many employees does Citizen Solar Private Limited currently have?
As Per 2023 financial reports, 44 employees are currently employed by Citizen Solar Private Limited.
What change has been observed in the net worth of Citizen Solar Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Citizen Solar Private Limited has experienced an upsurge of 13.29%.
What are the total open charges for Citizen Solar Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Citizen Solar Private Limited amount to ₹ 32.88 Cr.
When was the last Balance Sheet of Citizen Solar Private Limited filed with the ROC?
The most recent Balance Sheet for Citizen Solar Private Limited was filed with the ROC on 31 Mar 2024.
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