Sova Solar Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.23 Cr
- Company Age 28 Year, 8 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 eight 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
- Location
24 Parganas, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999WB1996PLC080016
- Company No.
080016
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Jun 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Energy and Power
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  | Managing Director | 01-Apr-2004 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjeev Shukla | Director | 17-Jul-2017 | Current |
| Ranendra Chakraborty | Director | 18-Feb-2009 | Current |
| Santi Mukherjee | Director | 29-Oct-2019 | Current |
| Gopa Mukherjee | Director | 01-Apr-2004 | Current |
| Pradip Ganguly | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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Gopa Mukherjee and Subrata Mukherjee are mutual person
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Inset Techlab Private LimitedSanjeev Shukla is a mutual person
- S.M.D. Trading Company Private Limited
Subrata Mukherjee is a mutual person
Charges (Loans)
Open Charges
₹452.23 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Sova Solar
Recent activity within the organization
- Charges
A charge with State Bank Of India amounted to Rs. 206.00 Cr with Charge ID 100924500 was registered on 30 Apr 2024.
- Charges
A charge with Others of Rs. 206.00 Cr registered on 17 Oct 2022 with Charge ID 100626720 was modified on 22 Dec 2023.
- Charges
A charge with Axis Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100829391 was registered on 06 Dec 2023.
- Charges
A charge registered on 31 Aug 2009 via Charge ID 10173433 with State Bank Of India was fully satisfied on 04 Oct 2023.
- Annual General Meeting
Sova Solar Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 18 Mar 2022 via Charge ID 100565556 with Others was fully satisfied on 25 May 2023.
Frequently asked questions
What is the Incorporation or founding date of Sova Solar Limited?
Sova Solar Limited was incorporated on 12 Jun 1996.
What is authorized share capital and paid-up capital of Sova Solar Limited?
The authorized share capital of Sova Solar Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.23 Cr.
Who are the current board members & directors of Sova Solar Limited?
Currently 6 directors are associated with Sova Solar Limited.
- Ranendra Chakraborty
- Santi Ranjan Mukherjee
- Sanjeev Kumar Shukla
- Gopa Mukherjee
- Subrata Mukherjee
- Pradip Ganguly
What is the registered address of Sova Solar Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sova Solar Limited is Dlf Galleria Office No. Dgk 917 9Th Floor Floor Block Bg-8 Aa-Ib, New To Wn India, Kolkata, West Bengal, 700156.
What is the corporate identification number (CIN) and company number of Sova Solar Limited?
The corporate identification number (CIN) of Sova Solar Limited is U74999WB1996PLC080016 and the company number is 080016 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sova Solar Limited?
The Official website of Sova Solar Limited is https://www.sovasolar.com
What has been the recent revenue trend for Sova Solar Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sova Solar Limited has risen by 91.24%.
How many employees does Sova Solar Limited currently have?
As Per 2023 financial reports, 76 employees are currently employed by Sova Solar Limited.
What change has been observed in the net worth of Sova Solar Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sova Solar Limited has experienced an upsurge of 46.97%.
What are the total open charges for Sova Solar Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sova Solar Limited amount to ₹ 452.23 Cr.
When was the last Balance Sheet of Sova Solar Limited filed with the ROC?
The most recent Balance Sheet for Sova Solar Limited was filed with the ROC on 31 Mar 2023.
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