Festa Solar Private Limited

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
HomeCompanyFesta Solar Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Rangaswamy Sridevi In Director 15-Nov-2018Current
Lathasri Saravanan In Director 15-Nov-2021Current

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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹200.00 M

LenderAmountStatus

Axis Bank Limited

Creation Date: 03 Aug 2023
₹20.00 CrOpen

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.

Employee Graph

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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 1 month .

    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 1 month .

    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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