Festa Solar Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.30 M
- Company Age 6 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 20.00 Cr
- Revenue Growth 1017.16%
- Profit Growth 1471.00%
- Ebitda 1723.61%
- Net Worth 3225.96%
- Total Assets 188.52%
About Festa Solar
Festa Solar Private Limited (FSPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 November 2018 (Six years and six months 1 days old ). Its registered office is in Chennai, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.30 M.
The company currently has active open charges totaling ₹20.00 Cr.
Rangaswamy Sridevi and Lathasri Saravanan serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70109TN2018PTC125820
- Company No.
125820
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Nov 2018
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Environment
Festa Solar Private Limited
Explore comprehensive data for Festa Solar Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Festa Solar?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rangaswamy Sridevi  | Director | 15-Nov-2018 | Current |
| Lathasri Saravanan | Director | 15-Nov-2021 | Current |
Financial Performance of Festa Solar.
Festa Solar Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1017.16% increase. The company also saw a substantial improvement in profitability, with a 1471% increase in profit. The company's net worth Soared by an impressive increase of 3225.96%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Festa Solar?
Unlock access to Festa Solar's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
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Charges (Loans)
Open Charges
₹200.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Aug 2023 | Axis Bank Limited | ₹20.00 Cr | Open |
How Many Employees Work at Festa Solar?
Unlock and access historical data on people associated with Festa Solar, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Festa 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 Festa Solar's trajectory.
Rating
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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 Festa Solar
Recent activity within the organization
- Charges
A charge with Axis Bank Limited of Rs. 200.00 M registered on 03 Aug 2023 with Charge ID 100769503 was modified on 05 Sep 2024.
- Annual General Meeting
Festa Solar Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Axis Bank Limited amounted to Rs. 200.00 M with Charge ID 100769503 was registered on 03 Aug 2023.
- Balance Sheet
Festa Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Director Appointment
Lathasri Saravanan was appointed as a Director was appointed as a Director on 15 Nov 2021 & has been associated with this company since 3 years 6 months .
- Director Appointment
Rangaswamy Sridevi was appointed as a Director was appointed as a Director on 15 Nov 2018 & has been associated with this company since 6 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Festa Solar Private Limited?
Festa Solar Private Limited was incorporated on 15 Nov 2018.
What is authorized share capital and paid-up capital of Festa Solar Private Limited?
The authorized share capital of Festa Solar Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.30 M.
Who are the current board members & directors of Festa Solar Private Limited?
Currently 2 directors are associated with Festa Solar Private Limited.
- Rangaswamy Sridevi
- Lathasri Saravanan
What is the registered address of Festa Solar Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Festa Solar Private Limited is Hig-I-57 Mogappair Main Road Nulambur Phase - I, Chennai, Tamil Nadu, India, 600037.
What is the corporate identification number (CIN) and company number of Festa Solar Private Limited?
The corporate identification number (CIN) of Festa Solar Private Limited is U70109TN2018PTC125820 and the company number is 125820 as per Ministry of Corporate Affairs (MCA).
What is the official website of Festa Solar Private Limited?
The Official website of Festa Solar Private Limited is https://www.festasolar.com
What has been the recent revenue trend for Festa Solar Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Festa Solar Private Limited has risen by 1017.16%.
What change has been observed in the net worth of Festa Solar Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Festa Solar Private Limited has experienced an upsurge of 3225.96%.
What are the total open charges for Festa Solar Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Festa Solar Private Limited amount to ₹ 20.00 Cr.
When was the last Balance Sheet of Festa Solar Private Limited filed with the ROC?
The most recent Balance Sheet for Festa Solar Private Limited was filed with the ROC on 31 Mar 2023.
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