Sunedison Solar Power India Profile
Key Indicators
- Authorised Capital ₹ 130.00 Cr
- Paid Up Capital ₹ 38.39 Cr
- Company Age 12 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 418.00 Cr
- Satisfied Charges ₹ 397.00 Cr
- Revenue Growth 195.87%
- Profit Growth 292.71%
- Ebitda -77.85%
- Net Worth 1.15%
- Total Assets -3.14%
About Sunedison Solar Power India
Sunedison Solar Power India Private Limited (SSPIPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 November 2012 and has a history of 12 years and six months. Its registered office is in Chennai, Tamil Nadu, 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 130.00 Cr and a paid-up capital of Rs 38.39 Cr.
The company currently has active open charges totaling ₹418.00 Cr. The company has closed loans amounting to ₹397.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Muthyala Satish and Sudhir Gunda serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999TN2012PTC088413
- Company No.
088413
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Nov 2012
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Energy and Power
Sunedison Solar Power India Private Limited
Explore comprehensive data for Sunedison Solar Power India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sunedison Solar Power India?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Muthyala Satish  | Director | 08-Nov-2017 | Current |
| Sudhir Gunda | Director | 30-Mar-2017 | Current |
Financial Performance of Sunedison Solar Power India.
Sunedison Solar Power India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 195.87% increase. The company also saw a substantial improvement in profitability, with a 292.71% increase in profit. The company's net worth moved up by a moderate rise of 1.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sunedison Solar Power India?
In 2023, Sunedison Solar Power India had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Marlin Infrastructures Private Limited
Muthyala Satish is a mutual person
- Richimen Silks Limited
Sudhir Gunda is a mutual person
- Somasila Solar Power Private Limited
Sudhir Gunda is a mutual person
- Bluemoon Hotel Pvt Ltd
Sudhir Gunda is a mutual person
Charges (Loans)
Open Charges
₹418.00 Cr
Satisfied Charges
₹397.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 225.00 Cr
- Axis Bank Limited : 150.00 Cr
- L&T Infrastructure Finance Company Limited : 43.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2015 | Hdfc Bank Limited | ₹150.00 Cr | Open |
| 12 Jun 2015 | Hdfc Bank Limited | ₹75.00 Cr | Open |
| 09 Jun 2015 | Axis Bank Limited | ₹150.00 Cr | Open |
| 03 Nov 2014 | L&T Infrastructure Finance Company Limited | ₹43.00 Cr | Open |
| 30 Jun 2016 | Others | ₹87.00 Cr | Satisfied |
How Many Employees Work at Sunedison Solar Power India?
Unlock and access historical data on people associated with Sunedison Solar Power India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sunedison Solar Power India, 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 Sunedison Solar Power India'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 Sunedison Solar Power India
Recent activity within the organization
- Annual General Meeting
Sunedison Solar Power India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Sunedison Solar Power India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Director Appointment
Muthyala Satish was appointed as a Director was appointed as a Director on 08 Nov 2017 & has been associated with this company since 7 years 6 months .
- Charges
A charge registered on 30 Jun 2016 via Charge ID 100035641 with Others was fully satisfied on 29 Sep 2017.
- Charges
A charge registered on 07 Apr 2016 via Charge ID 100024826 with Others was fully satisfied on 28 Sep 2017.
- Director Appointment
Sudhir Gunda was appointed as a Director was appointed as a Director on 30 Mar 2017 & has been associated with this company since 8 years 1 month .
Recent News, Updates & Announcement
- Indian Solar Assets Worth $700 Million Up for Grabs as Top Companies Compete for Acquisition.
When SunEdison went bankrupt, Hinduja Group, Khazanah Nasional Bhd., Tata Power Co., Greenko Energies Pvt., and Sembcorp Industries Ltd. all wanted to buy their Indian solar assets. The assets could be worth $700 million, but no one has been chosen yet. Hinduja Group, with a net worth of $14.4 billion, is interested in buying distressed assets in India's infrastructure and power sectors. Tata Power and Greenko are also interested..
- SunEdison in talks to sell India solar stakes to Fortum: report | Mint.
Fortum plans to invest $225 mn to $450 mn in solar projects in India and would look at developing large new projects or consider partnerships.
Frequently asked questions
What is the Incorporation or founding date of Sunedison Solar Power India Private Limited?
Sunedison Solar Power India Private Limited was incorporated on 07 Nov 2012.
What is authorized share capital and paid-up capital of Sunedison Solar Power India Private Limited?
The authorized share capital of Sunedison Solar Power India Private Limited is ₹ 130.00 Cr and paid-up capital is ₹ 38.39 Cr.
Who are the current board members & directors of Sunedison Solar Power India Private Limited?
Currently 2 directors are associated with Sunedison Solar Power India Private Limited.
- Muthyala Satish
- Sudhir Gunda
What is the registered address of Sunedison Solar Power India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sunedison Solar Power India Private Limited is Flat No 6J Century Plaza 560-562 Anna Salai, Teynampet, Chennai, Tamil Nadu, India, 600018.
What is the corporate identification number (CIN) and company number of Sunedison Solar Power India Private Limited?
The corporate identification number (CIN) of Sunedison Solar Power India Private Limited is U74999TN2012PTC088413 and the company number is 088413 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sunedison Solar Power India Private Limited?
The Official website of Sunedison Solar Power India Private Limited is https://www.sunedison.com
What has been the recent revenue trend for Sunedison Solar Power India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sunedison Solar Power India Private Limited has risen by 195.87%.
What change has been observed in the net worth of Sunedison Solar Power India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sunedison Solar Power India Private Limited has experienced an upsurge of 1.15%.
What are the total open charges for Sunedison Solar Power India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sunedison Solar Power India Private Limited amount to ₹ 418.00 Cr.
When was the last Balance Sheet of Sunedison Solar Power India Private Limited filed with the ROC?
The most recent Balance Sheet for Sunedison Solar Power India Private Limited was filed with the ROC on 31 Mar 2023.
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