Sova Solar Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.23 Cr
- Company Age 28 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 452.23 Cr
- Satisfied Charges ₹ 139.83 Cr
- Revenue Growth 91.24%
- Profit Growth 41.63%
- Ebitda 210.01%
- Net Worth 46.97%
- Total Assets 59.41%
About Sova Solar
Sova Solar Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 June 1996 and has a history of 28 years and seven months. Its registered office is in 24 Parganas, West Bengal, India.
The Corporate was formerly known as Sova Commercial Pvt Ltd. 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 5.00 Cr and a paid-up capital of Rs 4.23 Cr.
The company currently has active open charges totaling ₹452.23 Cr. The company has closed loans amounting to ₹139.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ranendra Chakraborty, Santi Mukherjee, Sanjeev Shukla, and Three other members serve as directors at the Company.
Company Details
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Location
24 Parganas, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74999WB1996PLC080016
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Company No.
080016
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
12 Jun 1996
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
What products or services does Sova Solar Limited offer?
Sova Solar Limited offers a wide range of products and services, including Solar Cell, Solar PV Cells, Solar Panel Mounting Structure, Solar Cell Panel, Solar Charge Controller, Solar Charger, Solar Panels, Solar Module.
Who are the key members and board of directors at Sova Solar?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subrata Mukherjee
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Managing Director | 01-Apr-2004 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Sanjeev Shukla
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Director | 17-Jul-2017 | Current |
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Ranendra Chakraborty
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Director | 18-Feb-2009 | Current |
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Santi Mukherjee
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Director | 29-Oct-2019 | Current |
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Gopa Mukherjee
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Director | 01-Apr-2004 | Current |
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Pradip Ganguly
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Director | 05-Mar-2019 | Current |
Financial Performance of Sova Solar.
Sova Solar Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 91.24% increase. The company also saw a substantial improvement in profitability, with a 41.63% increase in profit. The company's net worth Soared by an impressive increase of 46.97%.
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What is the Ownership and Shareholding Structure of Sova Solar?
In 2023, Sova Solar had a promoter holding of 90.90% and a public holding of 9.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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R.K.Wire Products LtdSanjeev Shukla is a mutual person
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Suresh Sova Property Private LimitedGopa Mukherjee and Subrata Mukherjee are mutual person
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All India Solar Industries AssociationSubrata Mukherjee is a mutual person
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Inset Techlab Private LimitedSanjeev Shukla is a mutual person
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S.M.D. Trading Company Private Limited
Subrata Mukherjee is a mutual person
Charges (Loans)
₹452.23 Cr
₹139.83 Cr
Charges Breakdown by Lending Institutions
- Others : 206.00 Cr
- State Bank Of India : 206.00 Cr
- Axis Bank Limited : 40.00 Cr
- Hdfc Bank Limited : 0.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2024 | State Bank Of India | ₹206.00 Cr | Open |
| 06 Dec 2023 | Axis Bank Limited | ₹40.00 Cr | Open |
| 17 Oct 2022 | Others | ₹206.00 Cr | Open |
| 21 Dec 2020 | Hdfc Bank Limited | ₹2.30 M | Open |
| 18 Mar 2022 | Others | ₹48.50 Cr | Satisfied |
How Many Employees Work at Sova Solar?
Sova Solar has a workforce of 76 employees as of Mar 23, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sova 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 Sova Solar's trajectory.
Rating
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
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.
