Festa Solar Private Limited

Solar energy company providing products, training, engineering, and maintenance services to clients.

2018 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 20, 2024

Festa Solar Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.30 M
  • Company Age 6 Year, 2 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 two months 27 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
  • 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

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

Board Members (2)

Name Designation Appointment Date Status
Rangaswamy Sridevi Country flag representing In Director 15-Nov-2018 Current
Lathasri Saravanan Country flag representing In 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%.

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
1017.16%
Revenue from Operations
1015.98%
Total Assets
188.52%
Profit or Loss
1471.00%
Net Worth
3225.96%
EBITDA
1723.61%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    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.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 200.00 M with Charge ID 100769503 was registered on 03 Aug 2023.

    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.

    31 Mar 2023

  • 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 2 months .

    15 Nov 2021

  • 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 2 months .

    15 Nov 2018

Frequently asked questions

  • Festa Solar Private Limited was incorporated on 15 Nov 2018.

  • The authorized share capital of Festa Solar Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.30 M.

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

    • Rangaswamy Sridevi
    • Lathasri Saravanan
  • 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.

  • 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).

  • The Official website of Festa Solar Private Limited is https://www.festasolar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Festa Solar Private Limited has risen by 1017.16%.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Festa Solar Private Limited amount to ₹ 20.00 Cr.

  • The most recent Balance Sheet for Festa Solar Private Limited was filed with the ROC on 31 Mar 2023.

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