Shreeashirvad Solar Systems Private Limited

Manufactures solar water heaters, lighting systems, and heat pumps for various clients.

2014 | Bangaluru, Karnataka (India) | Active
Last Updated: January 10, 2025

Shreeashirvad Solar Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 26 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.41 Cr
  • Revenue Growth 20.12%
  • Profit Growth 136.56%
  • Ebitda 90.62%
  • Net Worth 16.75%
  • Total Assets 21.69%

About Shreeashirvad Solar Systems

Shreeashirvad Solar Systems Private Limited (SSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 January 2014 and has a history of 11 years. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.41 Cr.

Gowda Nagaraje and Sowmya Gowda serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29222KA2014PTC073092

  • Company No.

    073092

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jan 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

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

Board Members (2)

Name Designation Appointment Date Status
Gowda Nagaraje Country flag representing In Director 17-Jan-2014 Current
Sowmya Gowda Country flag representing In Director 15-Feb-2023 Current

Financial Performance of Shreeashirvad Solar Systems.

Shreeashirvad Solar Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.12% increase. The company also saw a substantial improvement in profitability, with a 136.56% increase in profit. The company's net worth Soared by an impressive increase of 16.75%.

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
20.12%
Revenue from Operations
20.15%
Total Assets
21.69%
Profit or Loss
136.56%
Net Worth
16.75%
EBITDA
90.62%

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

In 2022, Shreeashirvad 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

₹14.14 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.41 Cr

Latest Charge Details

Date Lender Amount Status
02 Jul 2016 Others ₹0.45 M Open
06 Dec 2014 Others ₹1.37 Cr Open

How Many Employees Work at Shreeashirvad Solar Systems?

Shreeashirvad Solar Systems has a workforce of 8 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 Shreeashirvad 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 Shreeashirvad 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 Shreeashirvad Solar Systems

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Sowmya Nagaraje Gowda was appointed as a Director was appointed as a Director on 15 Feb 2023 & has been associated with this company since 1 year 11 months .

    15 Feb 2023

  • Charges

    A charge with Others of Rs. 13.70 M registered on 06 Dec 2014 with Charge ID 10543483 was modified on 14 Dec 2022.

    14 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 0.45 M with Charge ID 100044831 was registered on 02 Jul 2016.

    02 Jul 2016

  • Charges

    A charge with Others amounted to Rs. 13.70 M with Charge ID 10543483 was registered on 06 Dec 2014.

    06 Dec 2014

Frequently asked questions

  • Shreeashirvad Solar Systems Private Limited was incorporated on 17 Jan 2014.

  • The authorized share capital of Shreeashirvad Solar Systems Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Shreeashirvad Solar Systems Private Limited.

    • Gowda Nagaraje
    • Sowmya Nagaraje Gowda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shreeashirvad Solar Systems Private Limited is No.138/1 Kadabagere Cross Machohalli Village, Magadi Main Road - India, Bengaluru, Karnataka, 560091.

  • The corporate identification number (CIN) of Shreeashirvad Solar Systems Private Limited is U29222KA2014PTC073092 and the company number is 073092 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shreeashirvad Solar Systems Private Limited is https://www.shreeaashirvadsolar.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shreeashirvad Solar Systems Private Limited has risen by 20.12%.

  • As Per 2022 financial reports, 8 employees are currently employed by Shreeashirvad Solar Systems Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shreeashirvad Solar Systems Private Limited has experienced an upsurge of 16.75%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shreeashirvad Solar Systems Private Limited amount to ₹ 1.41 Cr.

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

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