Sanelite Solar Private Limited

This company provides solar PV solutions, including EPC installations, rooftop systems, and solar products.

2016 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Sanelite Solar Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 9 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 9.65 Cr
  • Revenue Growth -36.19%
  • Profit Growth -115.64%
  • Ebitda -30.96%
  • Net Worth -3.30%
  • Total Assets 38.39%

About Sanelite Solar

Sanelite Solar Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 February 2016 (Nine years and three months 9 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Energy And Power 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company has closed loans amounting to ₹9.65 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Foramben Modi, Bhavesh Modi, and Sunil Modi serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900GJ2016PTC086119

  • Company No.

    086119

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Feb 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Sanelite Solar Private Limited offer?

Sanelite Solar Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Panels, Solar Power Plants, Solar Pumps, Inverters, UPS and Converters, Inverters, Solar Inverter.

Company report

Sanelite Solar Private Limited

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

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

Board Members (3)

NameDesignationAppointment DateStatus
Foramben Modi Country flag representing In Director 01-May-2017Current
Bhavesh Modi Country flag representing In Director 16-Feb-2016Current
Sunil Modi Country flag representing In Director 01-May-2017Current

Financial Performance of Sanelite Solar.

Sanelite Solar Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.19% decrease. The company also saw a substantial fall in profitability, with a 115.64% decrease in profit. The company's net worth dipped by a decrease of 3.3%.

Sanelite Solar revenue growth over time
Sanelite Solar 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
-36.19%
Revenue from Operations
-35.07%
Total Assets
38.39%
Profit or Loss
-115.64%
Net Worth
-3.30%
EBITDA
-30.96%

What is the Ownership and Shareholding Structure of Sanelite Solar?

In 2023, Sanelite 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

₹0

Satisfied Charges

₹9.65 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.37 Cr
  • The South Indian Bank Limited : 4.28 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2021Others₹1.37 CrSatisfied
31 Aug 2021Others₹4.00 CrSatisfied
18 Oct 2017The South Indian Bank Limited₹4.28 CrSatisfied

How Many Employees Work at Sanelite Solar?

Sanelite Solar has a workforce of 44 employees as of Apr 08, 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 Sanelite Solar Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sanelite 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 Sanelite 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 Sanelite Solar

Recent activity within the organization

  • Charges

    A charge registered on 31 Aug 2021 via Charge ID 100481298 with Others was fully satisfied on 26 Jun 2024.

  • Charges

    A charge registered on 31 Aug 2021 via Charge ID 100481302 with Others was fully satisfied on 14 May 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Sanelite Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge registered on 18 Oct 2017 via Charge ID 100154273 with The South Indian Bank Limited was fully satisfied on 30 Jun 2022.

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100481302 was registered on 31 Aug 2021.

Frequently asked questions

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

    Sanelite Solar Private Limited was incorporated on 16 Feb 2016.

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

    The authorized share capital of Sanelite Solar Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

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

    Currently 3 directors are associated with Sanelite Solar Private Limited.

    • Foramben Bhaveshbhai Modi
    • Bhavesh Dahyalal Modi
    • Sunil Dahyalal Modi

  • What is the registered address of Sanelite Solar Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sanelite Solar Private Limited is Office No. 301 The Obelisk, Opp Shell Petrol Pump Science City Road India, Ahmedabad, Gujarat, 380061.

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

    The corporate identification number (CIN) of Sanelite Solar Private Limited is U74900GJ2016PTC086119 and the company number is 086119 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sanelite Solar Private Limited?

    The Official website of Sanelite Solar Private Limited is https://www.sanelitesolar.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Sanelite Solar Private Limited has fallen by -36.19%.

  • How many employees does Sanelite Solar Private Limited currently have?

    As Per 2023 financial reports, 44 employees are currently employed by Sanelite Solar Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sanelite Solar Private Limited has experienced an downturn of -3.30%.

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

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

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