Sunzone Solar System India Private Limited

Manufactures solar water heaters and distributes energy from various renewable sources.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: December 29, 2024

Sunzone Solar System India Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.94 Cr
  • Satisfied Charges ₹ 2.04 Cr
  • Revenue Growth -0.81%
  • Profit Growth 10.97%
  • Ebitda 2.34%
  • Net Worth 16.62%
  • Total Assets 32.47%

About Sunzone Solar System India

Sunzone Solar System India Private Limited (SSSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 May 2016 (Eight years and eight months 28 days old ). Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹8.94 Cr. The company has closed loans amounting to ₹2.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Devendra Thirakannavar and Tirakannanavar Pallavi serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sunzonesolar.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40300KA2016PTC093373

  • Company No.

    093373

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 May 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

What products or services does Sunzone Solar System India Private Limited offer?

Sunzone Solar System India Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Water Heater, Heater, Thermostat & Heating Devices, Water Heater & Geyser, Solar Water Heater Tubes & Accessories.

Who are the key members and board of directors at Sunzone Solar System India?

Board Members (2)

Name Designation Appointment Date Status
Devendra Thirakannavar Country flag representing In Director 18-May-2016 Current
Tirakannanavar Pallavi Country flag representing In Director 18-May-2016 Current

Financial Performance of Sunzone Solar System India.

Sunzone Solar System India Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 0.81% decrease. The company also saw a substantial improvement in profitability, with a 10.97% increase in profit. The company's net worth Soared by an impressive increase of 16.62%.

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
-0.81%
Revenue from Operations
-1.33%
Total Assets
32.47%
Profit or Loss
10.97%
Net Worth
16.62%
EBITDA
2.34%

What is the Ownership and Shareholding Structure of Sunzone Solar System India?

In 2021, Sunzone Solar System India 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

₹89.44 M

Satisfied Charges

₹20.37 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 8.94 Cr

Latest Charge Details

Date Lender Amount Status
01 Jun 2023 Bank Of India ₹1.94 M Open
26 May 2023 Bank Of India ₹5.00 M Open
02 Mar 2023 Bank Of India ₹1.50 Cr Open
07 Oct 2017 Bank Of India ₹6.75 Cr Open
30 Jun 2021 Bank Of India ₹5.37 M Satisfied

How Many Employees Work at Sunzone Solar System India?

Sunzone Solar System India has a workforce of 43 employees as of Apr 08, 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 Sunzone Solar System 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 Sunzone Solar System India'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 Sunzone Solar System India

Recent activity within the organization

  • Annual General Meeting

    Sunzone Solar System India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sunzone Solar System India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Bank Of India of Rs. 67.50 M registered on 07 Oct 2017 with Charge ID 100129262 was modified on 28 Jun 2023.

    28 Jun 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 1.94 M with Charge ID 100733241 was registered on 01 Jun 2023.

    01 Jun 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 5.00 M with Charge ID 100729344 was registered on 26 May 2023.

    26 May 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 15.00 M with Charge ID 100725145 was registered on 02 Mar 2023.

    02 Mar 2023

Frequently asked questions

  • Sunzone Solar System India Private Limited was incorporated on 18 May 2016.

  • The authorized share capital of Sunzone Solar System India Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 2 directors are associated with Sunzone Solar System India Private Limited.

    • Devendra Shivarayappa Thirakannavar
    • Tirakannanavar Devendra Pallavi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sunzone Solar System India Private Limited is No 60/3 And 60/4 Puradapalya Village Tavarekere Hobli Muneshawara Industrial Layout India, Bangaloresouth, Karnataka, 562130.

  • The corporate identification number (CIN) of Sunzone Solar System India Private Limited is U40300KA2016PTC093373 and the company number is 093373 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sunzone Solar System India Private Limited is https://www.sunzonesolar.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Sunzone Solar System India Private Limited has fallen by -0.81%.

  • As Per 2021 financial reports, 43 employees are currently employed by Sunzone Solar System India Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sunzone Solar System India Private Limited has experienced an upsurge of 16.62%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Sunzone Solar System India Private Limited amount to ₹ 8.94 Cr.

  • The most recent Balance Sheet for Sunzone Solar System India Private Limited was filed with the ROC on 31 Mar 2024.