Nuetech Solar Systems Private Limited

This company manufactures and distributes solar thermal products and provides solar and water purification solutions.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated:

Nuetech Solar Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.86 Cr
  • Company Age 23 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.80 Cr
  • Satisfied Charges ₹ 4.35 M
  • Revenue Growth -43.11%
  • Profit Growth -76.41%
  • Ebitda -59.52%
  • Net Worth 6.35%
  • Total Assets -14.34%

About Nuetech Solar Systems

Nuetech Solar Systems Private Limited (NSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 March 2002 and has a history of 23 years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Electronics & Durables 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 2.50 Cr and a paid-up capital of Rs 1.86 Cr.

The company currently has active open charges totaling ₹30.80 Cr. The company has closed loans amounting to ₹4.35 M, as per Ministry of Corporate Affairs (MCA) records.

Kanathuru Kumar and Sushmitha Kumar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909KA2002PTC030228

  • Company No.

    030228

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

What products or services does Nuetech Solar Systems Private Limited offer?

Nuetech Solar Systems Private Limited offers a wide range of products and services, including Solar Power Plants, Solar Photovoltaic Systems, Street Lights, Solar Street Lights, Solar Water Heater, Solarizer Solar Water Heater, Solar Home Light, Solar Home Light Systems, Water Softening Systems, Water Softeners.

Company report

Nuetech Solar Systems Private Limited

Explore comprehensive data for Nuetech Solar Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Kanathuru Kumar Country flag representing In Director 12-Mar-2002Current
Sushmitha Kumar Country flag representing In Director 10-Jun-2022Current

Financial Performance of Nuetech Solar Systems.

Nuetech Solar Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.11% decrease. The company also saw a substantial fall in profitability, with a 76.41% decrease in profit. The company's net worth moved up by a moderate rise of 6.35%.

Nuetech Solar Systems revenue growth over time
Nuetech Solar Systems 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
-43.11%
Revenue from Operations
-38.73%
Total Assets
-14.34%
Profit or Loss
-76.41%
Net Worth
6.35%
EBITDA
-59.52%

What is the Ownership and Shareholding Structure of Nuetech Solar Systems?

In 2023, Nuetech Solar Systems 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

₹30.80 Cr

Satisfied Charges

₹0.43 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 15.80 Cr
  • Others : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2024Others₹14.00 CrOpen
27 Jun 2023Others₹1.00 CrOpen
28 Dec 2021Canara Bank₹1.00 CrOpen
08 Nov 2006Canara Bank₹14.80 CrOpen
08 Aug 2016Others₹0.43 MSatisfied

How Many Employees Work at Nuetech Solar Systems?

Nuetech Solar Systems has a workforce of 109 employees as of Dec 11, 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.

Employee growth trends for Nuetech Solar Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nuetech Solar Systems, 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 Nuetech Solar Systems'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 Nuetech Solar Systems

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 14.00 Cr with Charge ID 100943760 was registered on 27 Jun 2024.

  • Annual General Meeting

    Nuetech Solar Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100765485 was registered on 27 Jun 2023.

  • Balance Sheet

    Nuetech Solar Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Canara Bank of Rs. 14.80 Cr registered on 08 Nov 2006 with Charge ID 10026984 was modified on 28 Mar 2023.

  • Charges

    A charge registered on 08 Aug 2016 via Charge ID 100057311 with Others was fully satisfied on 22 Jul 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Nuetech Solar Systems Private Limited?

    Nuetech Solar Systems Private Limited was incorporated on 12 Mar 2002.

  • What is authorized share capital and paid-up capital of Nuetech Solar Systems Private Limited?

    The authorized share capital of Nuetech Solar Systems Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.86 Cr.

  • Who are the current board members & directors of Nuetech Solar Systems Private Limited?

    Currently 2 directors are associated with Nuetech Solar Systems Private Limited.

    • Kanathuru Raju Surendra Kumar
    • Sushmitha Surendra Kumar

  • What is the registered address of Nuetech Solar Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nuetech Solar Systems Private Limited is No 5 B.M Shankarappa Industrial Estate Magadi Main Road Viswaneedam Post, Sunkadakatte India, Bangalore North, Karnataka, 560091.

  • What is the corporate identification number (CIN) and company number of Nuetech Solar Systems Private Limited?

    The corporate identification number (CIN) of Nuetech Solar Systems Private Limited is U31909KA2002PTC030228 and the company number is 030228 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nuetech Solar Systems Private Limited?

    The Official website of Nuetech Solar Systems Private Limited is https://www.nuetechsolar.com

  • What has been the recent revenue trend for Nuetech Solar Systems Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nuetech Solar Systems Private Limited has fallen by -43.11%.

  • How many employees does Nuetech Solar Systems Private Limited currently have?

    As Per 2023 financial reports, 109 employees are currently employed by Nuetech Solar Systems Private Limited.

  • What change has been observed in the net worth of Nuetech Solar Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nuetech Solar Systems Private Limited has experienced an upsurge of 6.35%.

  • What are the total open charges for Nuetech Solar Systems Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Nuetech Solar Systems Private Limited amount to ₹ 30.80 Cr.

  • When was the last Balance Sheet of Nuetech Solar Systems Private Limited filed with the ROC?

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

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