Surana Solar Limited

This company manufactures solar energy systems and has a range of 3 Wp to 300 Wp SPV Modules.

2006 | Hyderabad, Telangana (India) | Active
Last Updated:

Surana Solar Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 24.60 Cr
  • Company Age 18 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 29.50 Cr
  • Satisfied Charges ₹ 55.78 Cr
  • Revenue Growth 82.70%
  • Profit Growth 170.15%
  • Ebitda -73.83%
  • Net Worth 4.14%
  • Total Assets -13.23%

About Surana Solar

Surana Solar Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 November 2006 and has a history of 18 years and five months. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533298 and on the National Stock Exchange(NSE) under SURANASOL.

The Corporate was formerly known as Surana Ventures Limited. The Company is engaged in the Environment 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 50.00 Cr and a paid-up capital of Rs 24.60 Cr.

The company currently has active open charges totaling ₹29.50 Cr. The company has closed loans amounting to ₹55.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Surana Solar Limited India are Anicode Srinath as CFO and Yashita Pansari as Company Secretary. Krupakar Reddy, Manish Surana, Narender Surana, and Five other members 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

    L45200TG2006PLC051566

  • Company No.

    051566

  • Stock Symbol

    BSE : 533298 NSE : SURANASOL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 2006

  • Date of AGM

    22 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Environment
Energy and Power

What products or services does Surana Solar Limited offer?

Surana Solar Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Panels.

Company report

Surana Solar Limited

Explore comprehensive data for Surana Solar Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Surana Solar?

Executive Team (2)

NameDesignationAppointment DateStatus
Anicode Srinath CFO02-Aug-2023Current
Yashita Pansari Company Secretary31-Oct-2022Current

Board Members (8)

NameDesignationAppointment DateStatus
Manish Surana Country flag representing In Director 08-Nov-2006Current
Devendra Surana Country flag representing In Director 08-Nov-2006Current
Krupakar Reddy Country flag representing In Director 08-Jun-2021Current
Narender Surana Country flag representing In Director 05-Oct-2007Current
Surender Ramasahayam Country flag representing In Director 15-Jul-2010Current
Boorugu Srinagesh Country flag representing In Director 25-Aug-2023Current

Financial Performance of Surana Solar.

Surana Solar Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82.7% increase. The company also saw a substantial improvement in profitability, with a 170.15% increase in profit. The company's net worth moved up by a moderate rise of 4.14%.

Surana Solar revenue growth over time
Surana Solar 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
82.70%
Revenue from Operations
69.88%
Total Assets
-13.23%
Profit or Loss
170.15%
Net Worth
4.14%
EBITDA
-73.83%

What is the Ownership and Shareholding Structure of Surana Solar?

In 2023, Surana Solar had a promoter holding of 64.85% and a public holding of 35.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.50 Cr

Satisfied Charges

₹55.78 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 25.00 Cr
  • State Bank Of India : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
16 Sep 2022State Bank Of India₹4.50 CrOpen
18 May 2017Hdfc Bank Limited₹25.00 CrOpen
12 Nov 2011Corporation Bank₹10.00 CrSatisfied
04 Feb 2011Bank Of India₹23.28 CrSatisfied
05 Jan 2011Indian Overseas Bank₹6.50 CrSatisfied

How Many Employees Work at Surana Solar?

Surana Solar has a workforce of 48 employees as of Apr 06, 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.

Employee growth trends for Surana Solar Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Surana Solar, 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 Surana Solar'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 Surana Solar

Recent activity within the organization

  • Annual General Meeting

    Surana Solar Limited last Annual general meeting of members was held on 22 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Surana Solar Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.50 Cr with Charge ID 100612723 was registered on 16 Sep 2022.

  • Charges

    A charge registered on 05 Jan 2011 via Charge ID 10270585 with Indian Overseas Bank was fully satisfied on 09 Sep 2022.

  • Charges

    A charge with Indian Overseas Bank of Rs. 6.50 Cr registered on 05 Jan 2011 with Charge ID 10270585 was modified on 06 Jan 2022.

  • Director Appointment

    Sanjana Jain was appointed as a Director was appointed as a Director on 29 Sep 2020 & has been associated with this company since 4 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Surana Solar Limited?

    Surana Solar Limited was incorporated on 08 Nov 2006.

  • What is authorized share capital and paid-up capital of Surana Solar Limited?

    The authorized share capital of Surana Solar Limited is ₹ 50.00 Cr and paid-up capital is ₹ 24.60 Cr.

  • Who are the current board members & directors of Surana Solar Limited?

    Currently 10 directors are associated with Surana Solar Limited.

    • Krupakar Nadimpally Reddy
    • Manish Surana
    • Narender Surana
    • Devendra Surana
    • Surender Reddy Ramasahayam
    • Boorugu Srinagesh
    • Baunakar Nath Shekar
    • Anicode Ganeshan Srinath
    • Yashita Pansari
    • Sanjana Jain

  • What is the registered address of Surana Solar Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Surana Solar Limited is Plot No. 212/3 4 Phase Ii Ida, Cherlapally India, Hyderabad, Telangana, 500051.

  • What is the corporate identification number (CIN) and company number of Surana Solar Limited?

    The corporate identification number (CIN) of Surana Solar Limited is L45200TG2006PLC051566 and the company number is 051566 as per Ministry of Corporate Affairs (MCA).

  • Is Surana Solar Limited registered with any stock exchange in India?

    Yes, Surana Solar Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SURANASOL.

  • What is the official website of Surana Solar Limited?

    The Official website of Surana Solar Limited is https://www.suranasolar.com

  • What has been the recent revenue trend for Surana Solar Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Surana Solar Limited has risen by 82.70%.

  • How many employees does Surana Solar Limited currently have?

    As Per 2023 financial reports, 48 employees are currently employed by Surana Solar Limited.

  • What change has been observed in the net worth of Surana Solar Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Surana Solar Limited has experienced an upsurge of 4.14%.

  • What are the total open charges for Surana Solar Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Surana Solar Limited amount to ₹ 29.50 Cr.

  • When was the last Balance Sheet of Surana Solar Limited filed with the ROC?

    The most recent Balance Sheet for Surana Solar Limited was filed with the ROC on 31 Mar 2024.

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