Sungrace Energy Solutions Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.59 Cr
as on 16-11-2024
- Company Age 25 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.90 Cr
as on 16-11-2024
- Satisfied Charges ₹ 9.48 M
as on 16-11-2024
- Revenue 32.64%
(FY 2023)
- Profit 48.28%
(FY 2023)
- Ebitda 53.35%
(FY 2023)
- Net Worth 4.13%
(FY 2023)
- Total Assets -6.35%
(FY 2023)
About Sungrace Energy Solutions
The Company is engaged in the Consumer Electronics & Durables 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 1.59 Cr.
The company currently has active open charges totaling ₹14.90 Cr. The company has closed loans amounting to ₹9.48 M, as per Ministry of Corporate Affairs (MCA) records.
Pavankumar Siddhi, Srinivasa Sangapu, Ranjan Jha, and One other member serve as directors at the Company.
- CIN/LLPIN
U40109TG1999PTC031653
- Company No.
031653
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 May 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Sungrace Energy Solutions Private Limited offer?
Sungrace Energy Solutions Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Power Plants, Solar Charge Controller, PWM Solar Charge Controller, Solar Panels, Solar Module, Solar Pumps, Solar Water Pump, Solar Home Systems, Solar Lamps.
Who are the key members and board of directors at Sungrace Energy Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pavankumar Siddhi  | Managing Director | 03-Sep-1999 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Srinivasa Sangapu | Whole-Time Director | 03-Sep-1999 | Current |
| Ranjan Jha | Whole-Time Director | 15-Apr-2000 | Current |
| Ravi Tirunilai | Whole-Time Director | 03-Sep-1999 | Current |
Financial Performance of Sungrace Energy Solutions.
Sungrace Energy Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.64% increase. The company also saw a substantial improvement in profitability, with a 48.28% increase in profit. The company's net worth moved up by a moderate rise of 4.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Sungrace Energy Solutions?
In 2023, Sungrace Energy Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 17 Sep 2005 | ₹14.90 Cr | Open |
Others Creation Date: 07 Jul 2017 | ₹9.48 M | Satisfied |
How Many Employees Work at Sungrace Energy Solutions?
Sungrace Energy Solutions has a workforce of 19 employees as of Mar 26, 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 Sungrace Energy Solutions, 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 Sungrace Energy Solutions'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.
