Sunshine Electric Company Private Limited

Provides turnkey electrical solutions and services for various industries and government organizations in India.

2005 | Goa, Goa (India) | Active
Last Updated: October 23, 2024

Sunshine Electric Company Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.16 Cr
  • Revenue Growth -23.87%
  • Profit Growth -403.02%
  • Ebitda -82.67%
  • Net Worth -12.49%
  • Total Assets -8.64%

About Sunshine Electric Company

Sunshine Electric Company Private Limited (SECPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 January 2005 and has a history of 20 years and one month. Its registered office is in Goa, Goa.

The Corporate was formerly known as Pawan Putra Electricals Private Limited. 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 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹7.16 Cr.

Sadanand Verekar, Prajwala Verekar, and Shravan Verenkar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U01122GA2005PTC003771

  • Company No.

    003771

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Energy and Power

What products or services does Sunshine Electric Company Private Limited offer?

Sunshine Electric Company Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Electric Control Panel, Transformers & Transformer Parts, Distribution Transformer, Breaker Panels.

Who are the key members and board of directors at Sunshine Electric Company?

Board Members (3)

NameDesignationAppointment DateStatus
Shravan Verenkar Country flag representing In Director 01-Apr-2012Current
Sadanand Verekar Country flag representing In Director 05-Jan-2005Current
Prajwala Verekar Country flag representing In Director 05-Jan-2005Current

Financial Performance of Sunshine Electric Company.

Sunshine Electric Company Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.87% decrease. The company also saw a substantial fall in profitability, with a 403.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.49%.

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
-23.87%
Revenue from Operations
-28.70%
Total Assets
-8.64%
Profit or Loss
-403.02%
Net Worth
-12.49%
EBITDA
-82.67%

What is the Ownership and Shareholding Structure of Sunshine Electric Company?

In 2023, Sunshine Electric Company had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹71.63 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 6.98 Cr
  • Canara Bank : 0.13 Cr
  • State Bank Of India : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
18 Sep 2018Bank Of India₹1.28 CrOpen
17 Apr 2015State Bank Of India₹0.58 MOpen
24 Sep 2007Bank Of India₹0.40 MOpen
01 Mar 2007Canara Bank₹0.50 MOpen
11 Oct 2006Bank Of India₹5.51 CrOpen

How Many Employees Work at Sunshine Electric Company?

Sunshine Electric Company has a workforce of 6 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 Sunshine Electric Company, 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 Sunshine Electric Company'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 Sunshine Electric Company

Recent activity within the organization

  • Annual General Meeting

    Sunshine Electric Company Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sunshine Electric Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Goa.

    31 Mar 2023

  • Charges

    A charge with Bank Of India of Rs. 55.05 M registered on 11 Oct 2006 with Charge ID 10022552 was modified on 16 Nov 2021.

    16 Nov 2021

  • Charges

    A charge with Bank Of India amounted to Rs. 12.80 M with Charge ID 100209253 was registered on 18 Sep 2018.

    18 Sep 2018

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.58 M with Charge ID 10568281 was registered on 17 Apr 2015.

    17 Apr 2015

  • Director Appointment

    Shravan Sadanand Verenkar was appointed as a Director was appointed as a Director on 01 Apr 2012 & has been associated with this company since 12 years 10 months .

    01 Apr 2012

Frequently asked questions

  • Sunshine Electric Company Private Limited was incorporated on 05 Jan 2005.

  • The authorized share capital of Sunshine Electric Company Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 3 directors are associated with Sunshine Electric Company Private Limited.

    • Sadanand Verekar
    • Prajwala Verekar
    • Shravan Sadanand Verenkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sunshine Electric Company Private Limited is Plot No 30Tivim Industrial Estate Karaswado Mapusa India, Goa.

  • The corporate identification number (CIN) of Sunshine Electric Company Private Limited is U01122GA2005PTC003771 and the company number is 003771 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sunshine Electric Company Private Limited is https://www.suncontrolsgoa.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sunshine Electric Company Private Limited has fallen by -23.87%.

  • As Per 2023 financial reports, 6 employees are currently employed by Sunshine Electric Company Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sunshine Electric Company Private Limited has experienced an downturn of -12.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sunshine Electric Company Private Limited amount to ₹ 7.16 Cr.

  • The most recent Balance Sheet for Sunshine Electric Company Private Limited was filed with the ROC on 31 Mar 2023.

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