Sungrace Energy Solutions Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.59 Cr
- Company Age 25 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.90 Cr
- Satisfied Charges ₹ 9.48 M
- Revenue Growth 32.64%
- Profit Growth 48.28%
- Ebitda 53.35%
- Net Worth 4.13%
- Total Assets -6.35%
About Sungrace Energy Solutions
Sungrace Energy Solutions Private Limited (SESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 May 1999 and has a history of 25 years and 11 months. Its registered office is in Rangareddy, Telangana, India.
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.
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Consumer Electronics & Durables
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.
Sungrace Energy Solutions Private Limited
Explore comprehensive data for Sungrace Energy Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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)
Sunvatsa LlpRanjan Jha is a mutual person
Charges (Loans)
Open Charges
₹14.90 Cr
Satisfied Charges
₹0.95 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 14.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2005 | Canara Bank | ₹14.90 Cr | Open |
| 07 Jul 2017 | Others | ₹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.
Latest Updates, News, and FAQs on Sungrace Energy Solutions
Recent activity within the organization
- Charges
A charge with Canara Bank of Rs. 14.90 Cr registered on 17 Sep 2005 with Charge ID 80050111 was modified on 21 Dec 2023.
- Annual General Meeting
Sungrace Energy Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Sungrace Energy Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge registered on 07 Jul 2017 via Charge ID 100127084 with Others was fully satisfied on 29 Sep 2022.
- Charges
A charge with Others amounted to Rs. 0.95 Cr with Charge ID 100127084 was registered on 07 Jul 2017.
- Charges
A charge with Canara Bank amounted to Rs. 14.90 Cr with Charge ID 80050111 was registered on 17 Sep 2005.
Frequently asked questions
What is the Incorporation or founding date of Sungrace Energy Solutions Private Limited?
Sungrace Energy Solutions Private Limited was incorporated on 07 May 1999.
What is authorized share capital and paid-up capital of Sungrace Energy Solutions Private Limited?
The authorized share capital of Sungrace Energy Solutions Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.59 Cr.
Who are the current board members & directors of Sungrace Energy Solutions Private Limited?
Currently 4 directors are associated with Sungrace Energy Solutions Private Limited.
- Pavankumar Siddhi
- Srinivasa Rao Sangapu
- Ranjan Kumar Jha
- Ravi Kumar Tirunilai
What is the registered address of Sungrace Energy Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sungrace Energy Solutions Private Limited is F-4 Road No.12 I.D.A., Nacharam India, Hyderabad, Telangana, 500076.
What is the corporate identification number (CIN) and company number of Sungrace Energy Solutions Private Limited?
The corporate identification number (CIN) of Sungrace Energy Solutions Private Limited is U40109TG1999PTC031653 and the company number is 031653 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sungrace Energy Solutions Private Limited?
The Official website of Sungrace Energy Solutions Private Limited is https://www.sungrace.net
What has been the recent revenue trend for Sungrace Energy Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sungrace Energy Solutions Private Limited has risen by 32.64%.
How many employees does Sungrace Energy Solutions Private Limited currently have?
As Per 2023 financial reports, 19 employees are currently employed by Sungrace Energy Solutions Private Limited.
What change has been observed in the net worth of Sungrace Energy Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sungrace Energy Solutions Private Limited has experienced an upsurge of 4.13%.
What are the total open charges for Sungrace Energy Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sungrace Energy Solutions Private Limited amount to ₹ 14.90 Cr.
When was the last Balance Sheet of Sungrace Energy Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Sungrace Energy Solutions Private Limited was filed with the ROC on 31 Mar 2023.
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