Growth Street Solar Private Limited

Operates a 4.51 MW solar plant in Karnataka, incorporated in 2016.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: January 01, 2025

Growth Street Solar Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.51 Cr
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.00 Cr
  • Satisfied Charges ₹ 30.00 Cr
  • Revenue Growth 2.45%
  • Profit Growth 22.82%
  • Ebitda 1.18%
  • Net Worth -206.13%
  • Total Assets -3.42%

About Growth Street Solar

Growth Street Solar Private Limited (GSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 May 2016 (Eight years and eight months 28 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 4.00 Cr and a paid-up capital of Rs 3.51 Cr.

The company currently has active open charges totaling ₹16.00 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vikash Agarwal and Pheroze Chichgar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U40106MH2016PTC371280

  • Company No.

    299146

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 May 2016

  • Date of AGM

    24 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 Growth Street Solar?

Board Members (2)

Name Designation Appointment Date Status
Pheroze Chichgar Country flag representing In Director 04-Dec-2021 Current
Vikash Agarwal Country flag representing In Director 09-Dec-2019 Current

Financial Performance of Growth Street Solar.

Growth Street Solar Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 2.45% increase. The company also saw a substantial improvement in profitability, with a 22.82% increase in profit. The company's net worth observed a substantial decline by a decrease of 206.13%.

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
2.45%
Revenue from Operations
-1.54%
Total Assets
-3.42%
Profit or Loss
22.82%
Net Worth
-206.13%
EBITDA
1.18%

What is the Ownership and Shareholding Structure of Growth Street Solar?

In 2022, Growth Street Solar 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

₹16.00 Cr

Satisfied Charges

₹30.00 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 16.00 Cr

Latest Charge Details

Date Lender Amount Status
07 Sep 2021 Sbicap Trustee Company Limited ₹16.00 Cr Open
20 Dec 2019 Sbicap Trustee Company Limited ₹15.00 Cr Satisfied
23 May 2017 Others ₹15.00 Cr Satisfied

How Many Employees Work at Growth Street Solar?

Unlock and access historical data on people associated with Growth Street 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 Growth Street 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 Growth Street 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 Growth Street Solar

Recent activity within the organization

  • Annual General Meeting

    Growth Street Solar Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Balance Sheet

    Growth Street 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. 16.00 Cr registered on 07 Sep 2021 with Charge ID 100485360 was modified on 21 Dec 2021.

    21 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 1 month .

    04 Dec 2021

  • Charges

    A charge registered on 20 Dec 2019 via Charge ID 100310472 with Sbicap Trustee Company Limited was fully satisfied on 05 Oct 2021.

    05 Oct 2021

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 16.00 Cr with Charge ID 100485360 was registered on 07 Sep 2021.

    07 Sep 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Growth Street Solar Private Limited was incorporated on 05 May 2016.

  • The authorized share capital of Growth Street Solar Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.51 Cr.

  • Currently 2 directors are associated with Growth Street Solar Private Limited.

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

  • The corporate identification number (CIN) of Growth Street Solar Private Limited is U40106MH2016PTC371280 and the company number is 299146 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2022, the revenue trend for Growth Street Solar Private Limited has risen by 2.45%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Growth Street Solar Private Limited has experienced an downturn of -206.13%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Growth Street Solar Private Limited amount to ₹ 16.00 Cr.

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

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