Sungrow Developers India Private Limited - Due diligence report

A 360° intelligence report on Sungrow Developers India Private Limited: trust score, financial health, credit view, compliance, directors, g…

2018-02-21 Bengaluru, Karnataka Active Unlisted
SD Sungrow Developers India Private Limited
Full Due-Diligence Report + Documents
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  • Director details, charges & MCA documents
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Sungrow Developers India Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
84/100
Trust Score
Low Risk

Sungrow Developers India Private Limited is assessed as Low Risk with a Trust Score of 84/100. Sungrow Developers India Private Limited is an active private limited foreign company incorporated in india incorporated in 2018, operating in the Consumer Electronics & Durables sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 18 Jul 2026 from the latest processed filings. Sungrow Developers India Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
84/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
93/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 55/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 2 open (57.50 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
The Hongkong And Shanghai Banking Corporation Limited1 48.0 cr
Standard Chartered Bank1 48.0 cr
Compliance Score: 93/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 1 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
ANUJ KUMAR 01234567 Director 01/04/2018 6 yrs Approved
VEERABHADRAIAH MALLIKARJUN 01234567 Director 01/04/2018 6 yrs Approved
DEJUN DENG 01234567 Director 01/04/2018 6 yrs Approved
GUANJUN WANG 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Sungrow Power (singapore) Pte. Ltd.
Subsidiaries
-
Group entities
-
Capital events
10 allotment(s) · 1 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Sungrow Power (singapore) Pte. Ltd. Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 75 · Distress 75
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
EPFO headcount growing - hiring signal.
Operating for 8 years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
2 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence85/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment69/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 57.50 cr already registered.
  • Compliance record supports lending.
Investor view76/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
27 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
09 Jul 2024
Director appointed
ANUJ KUMAR (Company Secretary)
05 Aug 2022
Charge created
Standard Chartered Bank - 7.50 cr
31 Oct 2019
Director ceased
VEERABHADRAIAH MALLIKARJUN
15 Jun 2019
Securities allotted
1214845 Equity Shares - 1.21 cr raised
31 Mar 2019
Share transfer (FY 2019)
500.00000000 shares to SUNGROW INDIA PRIVATE LIMITED
18 Mar 2019
Securities allotted
2914010 Equity Shares - 2.91 cr raised
01 Feb 2019
Securities allotted
2890181 Equity Shares - 2.89 cr raised
10 Dec 2018
Securities allotted
1577785 Equity Shares - 1.58 cr raised
15 Nov 2018
Charge created
The Hongkong And Shanghai Banking Corporation Limited - 50.00 cr
09 Nov 2018
Securities allotted
2459779 Equity Shares - 2.46 cr raised
08 Oct 2018
Securities allotted
398844 Equity Shares - 39.88 Lakh raised
19 Sep 2018
Securities allotted
1868316 Equity Shares - 1.87 cr raised
07 Aug 2018
Securities allotted
2974563 Equity Shares - 2.97 cr raised
10

Key Observations

Auto-generated from the data above
Revenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 10 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Consul Neowatt U31900TN1985PTC011866 Chennai, Tamil Nadu, India
Kent R O Systems Limited U41000DL2007PLC161952 New Delhi, Delhi, India
Garrett Motion U29299PN2004PTC019904 Pune, Maharashtra, India
Kspg Automotive India Private Limited U74140PN2006FTC129901 Pune, Maharashtra, India
Ajax-Engg L28245KA1992PLC013306 Bangalore, Karnataka, India
Lsautomotive U50300TN2006PTC061183 Poonamalle Taluk, Tamil Nadu, India
Honeywell U74899DL1995PTC071592 New Delhi, Delhi, India
Satyam Auto Components U27109PB1974PTC003386 Ludhiana, Punjab, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Sungrow Developers India Private Limited before audits and certifications: compliance score 93/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Sungrow Developers India Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Sungrow Developers India Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 84/100, distress signals and MSME payment-delay disclosures - know whether Sungrow Developers India Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Sungrow Developers India Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Sungrow Developers India Private Limited an active company?

Sungrow Developers India Private Limited has MCA status “Active” with a compliance score of 93/100 (Low Risk).

Is Sungrow Developers India Private Limited financially healthy?

Sungrow Developers India Private Limited has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.

Should I do business with Sungrow Developers India Private Limited?

Its overall Trust Score is 84/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Sungrow Developers India Private Limited?

The ultimate holding entity is Sungrow Power (singapore) Pte. Ltd.. 4 active director(s) are on record.

Does Sungrow Developers India Private Limited have loans or charges against its assets?

2 open charge(s) are registered against its assets.

Is Sungrow Developers India Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 93/100 (Low Risk).

Is it risky to lend to Sungrow Developers India Private Limited?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.