Sprng Solar India Private Limited

Founded in 2013 and headquartered in Delhi, India.

2013 | Delhi (India) | Active
Last Updated: November 15, 2024

Sprng Solar India Profile

Key Indicators

  • Authorised Capital ₹ 75.87 Cr
  • Paid Up Capital ₹ 75.87 Cr
  • Company Age 11 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 920.00 Cr
  • Revenue Growth 23.26%
  • Profit Growth 209.69%
  • Ebitda 22.09%
  • Net Worth 485.03%
  • Total Assets -2.06%

About Sprng Solar India

Sprng Solar India Private Limited (SSIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 11 December 2013 and has a history of 11 years and one month. Its registered office is in Delhi, India.

The Corporate was formerly known as Finnshakthi Energy Privaete Limited. 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 75.87 Cr and a paid-up capital of Rs 75.87 Cr.

The company has closed loans amounting to ₹920.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sprng Solar India Private Limited India are Pratibha Ostwal as COMPANY SECRETARY and Gaurav Sood as Ceo. Nikhil Gupta, Puneet Upadhyay, and Gujjalapud Bangarubabu serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40300DL2013FTC262008

  • Company No.

    262008

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    11 Dec 2013

  • Date of AGM

    06 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Environment

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

Executive Team (2)

Name Designation Appointment Date Status
Pratibha Ostwal Company Secretary 01-Apr-2024 Current
Gaurav Sood Country flag representing In CEO 13-Oct-2021 Current

Board Members (3)

Name Designation Appointment Date Status
Nikhil Gupta Country flag representing In Director 08-Aug-2023 Current
Puneet Upadhyay Country flag representing In Director 08-Aug-2023 Current
Gujjalapud Bangarubabu Country flag representing In Director 05-May-2023 Current

Financial Performance of Sprng Solar India.

Sprng Solar India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.26% increase. The company also saw a substantial improvement in profitability, with a 209.69% increase in profit. The company's net worth Soared by an impressive increase of 485.03%.

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
23.26%
Revenue from Operations
23.36%
Total Assets
-2.06%
Profit or Loss
209.69%
Net Worth
485.03%
EBITDA
22.09%

What is the Ownership and Shareholding Structure of Sprng Solar India?

In 2023, Sprng Solar India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹920.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 920.00 Cr

Latest Charge Details

Date Lender Amount Status
24 Jan 2020 State Bank Of India ₹42.00 Cr Satisfied
24 Jan 2020 State Bank Of India ₹878.00 Cr Satisfied

How Many Employees Work at Sprng Solar India?

Sprng Solar India has a workforce of 1 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 Sprng Solar India, 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 Sprng Solar India'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 Sprng Solar India

Recent activity within the organization

  • Annual General Meeting

    Sprng Solar India Private Limited last Annual general meeting of members was held on 06 Sep 2024 as per latest MCA records.

    06 Sep 2024

  • Charges

    A charge registered on 24 Jan 2020 via Charge ID 100323301 with State Bank Of India was fully satisfied on 22 Apr 2024.

    22 Apr 2024

  • Charges

    A charge registered on 24 Jan 2020 via Charge ID 100323306 with State Bank Of India was fully satisfied on 22 Apr 2024.

    22 Apr 2024

  • Director Appointment

    Pratibha Ostwal was appointed as a Company Secretary was appointed as a Company Secretary on 01 Apr 2024 & has been associated with this company since 10 months 1 day .

    01 Apr 2024

  • Balance Sheet

    Sprng Solar India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Nikhil Gupta was appointed as a Director was appointed as a Director on 08 Aug 2023 & has been associated with this company since 1 year 5 months .

    08 Aug 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Sprng Solar India Private Limited was incorporated on 11 Dec 2013.

  • The authorized share capital of Sprng Solar India Private Limited is ₹ 75.87 Cr and paid-up capital is ₹ 75.87 Cr.

  • Currently 5 directors are associated with Sprng Solar India Private Limited.

    • Nikhil Gupta
    • Pratibha Ostwal
    • Gaurav Sood
    • Puneet Upadhyay
    • Gujjalapud Subbarayulunaidu Bangarubabu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sprng Solar India Private Limited is Unit No Ff-48 A First Floor Omaxe Square Plot No.14, Jasola District Centre India, New Delhi, 110025.

  • The corporate identification number (CIN) of Sprng Solar India Private Limited is U40300DL2013FTC262008 and the company number is 262008 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sprng Solar India Private Limited is https://www.fortum.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sprng Solar India Private Limited has risen by 23.26%.

  • As Per 2023 financial reports, 1 employees are currently employed by Sprng Solar India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sprng Solar India Private Limited has experienced an upsurge of 485.03%.

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

Similar Companies Based on Solar Energy Solutions