Surana Solar Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 24.60 Cr
- Company Age 18 Year, 3 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 three 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
Industry
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.
Who are the key members and board of directors at Surana Solar?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anicode Srinath | CFO | 02-Aug-2023 | Current |
| Yashita Pansari | Company Secretary | 31-Oct-2022 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Surana  | Director | 08-Nov-2006 | Current |
| Devendra Surana | Director | 08-Nov-2006 | Current |
| Krupakar Reddy | Director | 08-Jun-2021 | Current |
| Narender Surana | Director | 05-Oct-2007 | Current |
| Surender Ramasahayam | Director | 15-Jul-2010 | Current |
| Boorugu Srinagesh | Director | 25-Aug-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Futuretech Instruments Private LimitedManish Surana is a mutual person
Bhagyanagar Green Energy Private LimitedKrupakar Reddy, Manish Surana and 2 more are mutual person
- Bhagyanagar Metals Private Limited
Manish Surana is a mutual person
- Surana Electrix Private Limited
Manish Surana is a mutual person
- Surana Solar Systems Private Limited
Manish Surana, Narender Surana and 1 more are mutual person
- Surana Technologies Private Limited
Manish Surana and Narender Surana are mutual person
Charges (Loans)
₹29.50 Cr
₹55.78 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 25.00 Cr
- State Bank Of India : 4.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2022 | State Bank Of India | ₹4.50 Cr | Open |
| 18 May 2017 | Hdfc Bank Limited | ₹25.00 Cr | Open |
| 12 Nov 2011 | Corporation Bank | ₹10.00 Cr | Satisfied |
| 04 Feb 2011 | Bank Of India | ₹23.28 Cr | Satisfied |
| 05 Jan 2011 | Indian Overseas Bank | ₹6.50 Cr | Satisfied |
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.
Deals i
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
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.
