Sunnet Solutions Private Limited

IT and ITes services and solutions provider for various industries, with partnerships and certifications.

2001 | Hyderabad, Telangana (India) | Active
Last Updated: November 16, 2024

Sunnet Solutions Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 24 Year, 15 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.90 Cr
  • Satisfied Charges ₹ 1.57 Cr
  • Revenue Growth 10.64%
  • Profit Growth -96.67%
  • Ebitda -12.62%
  • Net Worth 2.24%
  • Total Assets 10.96%

About Sunnet Solutions

Sunnet Solutions Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 January 2001 and has a history of 24 years. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹7.90 Cr. The company has closed loans amounting to ₹1.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kalyan Prakash, Sai Spurthi, Pranav Pagadala, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U30007TG2001PTC036056

  • Company No.

    036056

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jan 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Sunnet Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Kalyan Prakash Country flag representing In Managing Director 17-Jan-2001 Current

Board Members (3)

Name Designation Appointment Date Status
Sai Spurthi Country flag representing In Director 17-Jan-2001 Current
Pranav Pagadala Country flag representing In Director 10-Jun-2024 Current
Suryakumari Jaiprakash Country flag representing In Director 09-Jan-2009 Current

Financial Performance of Sunnet Solutions.

Sunnet Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.64% increase. The company also saw a substantial fall in profitability, with a 96.67% decrease in profit. The company's net worth moved up by a moderate rise of 2.24%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
10.64%
Revenue from Operations
10.90%
Total Assets
10.96%
Profit or Loss
-96.67%
Net Worth
2.24%
EBITDA
-12.62%

What is the Ownership and Shareholding Structure of Sunnet Solutions?

In 2023, Sunnet 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹79.03 M

Satisfied Charges

₹15.70 M

Charges Breakdown by Lending Institutions

  • Others : 7.80 Cr
  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
22 Jul 2021 Hdfc Bank Limited ₹1.00 M Open
11 Feb 2021 Others ₹1.00 Cr Open
30 Mar 2015 Others ₹6.80 Cr Open
23 Oct 2008 3I Infotech Trusteeship Services Limited ₹1.50 Cr Satisfied
22 Dec 2006 The Karur Vysya Bank Limited ₹0.70 M Satisfied

How Many Employees Work at Sunnet Solutions?

Sunnet Solutions has a workforce of 113 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sunnet 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 Sunnet Solutions's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Sunnet Solutions

Recent activity within the organization

  • Annual General Meeting

    Sunnet Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Pranav Pagadala was appointed as a Director was appointed as a Director on 10 Jun 2024 & has been associated with this company since 7 months 24 days .

    10 Jun 2024

  • Balance Sheet

    Sunnet Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 68.02 M registered on 30 Mar 2015 with Charge ID 10583595 was modified on 15 Jun 2022.

    15 Jun 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 100463090 was registered on 22 Jul 2021.

    22 Jul 2021

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100454008 was registered on 11 Feb 2021.

    11 Feb 2021

Frequently asked questions

  • Sunnet Solutions Private Limited was incorporated on 17 Jan 2001.

  • The authorized share capital of Sunnet Solutions Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 4 directors are associated with Sunnet Solutions Private Limited.

    • Kalyan Chakravarthy Jai Prakash
    • Sai Mandumula Spurthi
    • Pranav Pagadala
    • Suryakumari Jaiprakash
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sunnet Solutions Private Limited is 102 Skill Avenne 5-10-191 Hill Fort Road Saifabad, India, Hyderabad., Telangana, 500029.

  • The corporate identification number (CIN) of Sunnet Solutions Private Limited is U30007TG2001PTC036056 and the company number is 036056 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sunnet Solutions Private Limited is https://www.sunnet.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sunnet Solutions Private Limited has risen by 10.64%.

  • As Per 2023 financial reports, 113 employees are currently employed by Sunnet Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sunnet Solutions Private Limited has experienced an upsurge of 2.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sunnet Solutions Private Limited amount to ₹ 7.90 Cr.

  • The most recent Balance Sheet for Sunnet Solutions Private Limited was filed with the ROC on 31 Mar 2024.