Red Sun Solar Energy Private Limited

Renewable energy company specializing in solar power plant installation and generation.

2013 | Raipur, Chattisgarh (India) | Active
Last Updated: November 16, 2024

Red Sun Solar Energy Profile

Key Indicators

  • Authorised Capital ₹ 2.10 Cr
  • Paid Up Capital ₹ 2.10 Cr
  • Company Age 11 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.75 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth -50.74%
  • Profit Growth -46.22%
  • Ebitda -17.85%
  • Net Worth 3.64%
  • Total Assets 12.44%

About Red Sun Solar Energy

Red Sun Solar Energy Private Limited (RSSEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 May 2013 and has a history of 11 years and nine months. Its registered office is in Raipur, Chattisgarh, India.

The Company is engaged in the Infrastructure And Utilities 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 2.10 Cr and a paid-up capital of Rs 2.10 Cr.

The company currently has active open charges totaling ₹6.75 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Narendra Jain, Sanjiv Sarkar, Ambalal Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40106CT2013PTC000839

  • Company No.

    000839

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 May 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Red Sun Solar Energy?

Board Members (4)

Name Designation Appointment Date Status
Narendra Jain Country flag representing In Director 07-Apr-2023 Current
Sanjiv Sarkar Country flag representing In Director 12-Oct-2015 Current
Ambalal Patel Country flag representing In Director 09-Mar-2017 Current
Akhil Agrawal Director 27-Aug-2024 Current

Financial Performance of Red Sun Solar Energy.

Red Sun Solar Energy Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 50.74% decrease. The company also saw a substantial fall in profitability, with a 46.22% decrease in profit. The company's net worth moved up by a moderate rise of 3.64%.

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
-50.74%
Revenue from Operations
-50.81%
Total Assets
12.44%
Profit or Loss
-46.22%
Net Worth
3.64%
EBITDA
-17.85%

What is the Ownership and Shareholding Structure of Red Sun Solar Energy?

In 2023, Red Sun Solar Energy 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

₹6.75 Cr

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 6.75 Cr

Latest Charge Details

Date Lender Amount Status
01 May 2019 Bank Of India ₹6.75 Cr Open
07 Jan 2016 Bank Of Baroda ₹5.00 M Satisfied

How Many Employees Work at Red Sun Solar Energy?

Unlock and access historical data on people associated with Red Sun Solar Energy, 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 Red Sun Solar Energy, 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 Red Sun Solar Energy'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 Red Sun Solar Energy

Recent activity within the organization

  • Annual General Meeting

    Red Sun Solar Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Akhil Agrawal was appointed as a Director was appointed as a Director on 27 Aug 2024 & has been associated with this company since 5 months 6 days .

    27 Aug 2024

  • Balance Sheet

    Red Sun Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

    31 Mar 2024

  • Charges

    A charge with Bank Of India of Rs. 6.75 Cr registered on 01 May 2019 with Charge ID 100269691 was modified on 17 Jan 2024.

    17 Jan 2024

  • Director Appointment

    Narendra Kumar Jain was appointed as a Director was appointed as a Director on 07 Apr 2023 & has been associated with this company since 1 year 9 months .

    07 Apr 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 6.75 Cr with Charge ID 100269691 was registered on 01 May 2019.

    01 May 2019

Frequently asked questions

  • Red Sun Solar Energy Private Limited was incorporated on 02 May 2013.

  • The authorized share capital of Red Sun Solar Energy Private Limited is ₹ 2.10 Cr and paid-up capital is ₹ 2.10 Cr.

  • Currently 4 directors are associated with Red Sun Solar Energy Private Limited.

    • Narendra Kumar Jain
    • Sanjiv Sarkar
    • Ambalal Premjibhai Patel
    • Akhil Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Red Sun Solar Energy Private Limited is 516-517, Lal Ganga Business Park Pachpedinaka India, Raipur, Chattisgarh, 492001.

  • The corporate identification number (CIN) of Red Sun Solar Energy Private Limited is U40106CT2013PTC000839 and the company number is 000839 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Red Sun Solar Energy Private Limited has fallen by -50.74%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Red Sun Solar Energy Private Limited has experienced an upsurge of 3.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Red Sun Solar Energy Private Limited amount to ₹ 6.75 Cr.

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

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