Fairsun Solar Private Limited

Operates 8-MW solar power project, signed 25-year PPA with Britannia Industries.

2020 | Mumbai, Maharashtra (India) | Active
Last Updated: January 03, 2025

Fairsun Solar Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.11 Cr
  • Company Age 4 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 24.38 Cr
  • Satisfied Charges ₹ 19.59 Cr
  • Revenue Growth %
  • Profit Growth -1384.34%
  • Ebitda 5462.11%
  • Net Worth 527511.76%
  • Total Assets 33275.46%

About Fairsun Solar

Fairsun Solar Private Limited (FSPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 July 2020 (Four years and six months 20 days old ). Its registered office is in Mumbai, Maharashtra, 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 5.00 Cr and a paid-up capital of Rs 1.11 Cr.

The company currently has active open charges totaling ₹24.38 Cr. The company has closed loans amounting to ₹19.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

Namit Sharma and Pheroze Chichgar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U40107MH2020PTC342351

  • Company No.

    342351

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 2020

  • Date of AGM

    13 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment

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

Board Members (2)

Name Designation Appointment Date Status
Pheroze Chichgar Country flag representing In Director 04-Dec-2021 Current
Namit Sharma Country flag representing In Director 21-Jul-2020 Current

Financial Performance of Fairsun Solar.

Fairsun Solar Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 1384.34% decrease in profit. The company's net worth Soared by an impressive increase of 527511.76%.

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
Revenue from Operations
Total Assets
33275.46%
Profit or Loss
-1384.34%
Net Worth
527511.76%
EBITDA
5462.11%

What is the Ownership and Shareholding Structure of Fairsun Solar?

In 2022, Fairsun Solar had a promoter holding of 73.68% and a public holding of 26.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.38 Cr

Satisfied Charges

₹19.59 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 24.38 Cr

Latest Charge Details

Date Lender Amount Status
07 Dec 2021 Sbicap Trustee Company Limited ₹24.38 Cr Open
14 Jun 2021 Sbicap Trustee Company Limited ₹19.59 Cr Satisfied

How Many Employees Work at Fairsun Solar?

Fairsun Solar has a workforce of 0 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fairsun 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 Fairsun Solar'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 Fairsun Solar

Recent activity within the organization

  • Annual General Meeting

    Fairsun Solar Private Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.

    13 Sep 2024

  • Balance Sheet

    Fairsun Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 24.38 Cr registered on 07 Dec 2021 with Charge ID 100507692 was modified on 12 Oct 2022.

    12 Oct 2022

  • Charges

    A charge registered on 14 Jun 2021 via Charge ID 100453436 with Sbicap Trustee Company Limited was fully satisfied on 28 Feb 2022.

    28 Feb 2022

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 24.38 Cr with Charge ID 100507692 was registered on 07 Dec 2021.

    07 Dec 2021

  • Director Appointment

    Pheroze Jehanbux Chichgar was appointed as a Director was appointed as a Director on 04 Dec 2021 & has been associated with this company since 3 years 2 months .

    04 Dec 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Fairsun Solar Private Limited was incorporated on 21 Jul 2020.

  • The authorized share capital of Fairsun Solar Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.11 Cr.

  • Currently 2 directors are associated with Fairsun Solar Private Limited.

    • Namit Sharma
    • Pheroze Jehanbux Chichgar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fairsun Solar Private Limited is 105 1St Flr E Wing, Corporate Avenue A K Link Road Chakala Andheri India, Mumbai, Maharashtra, 400099.

  • The corporate identification number (CIN) of Fairsun Solar Private Limited is U40107MH2020PTC342351 and the company number is 342351 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fairsun Solar Private Limited is https://www.cleantechsolar.com

  • The financial reports for the fiscal year 2022 indicates that The net worth of Fairsun Solar Private Limited has experienced an upsurge of 527511.76%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Fairsun Solar Private Limited amount to ₹ 24.38 Cr.

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

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