Andhra Pradesh Solar Power Corporation Private Limited

Develops solar parks and power projects, provides power transmission and finance services.

2014 | Vijayawada, Andhra Pradesh (India) | Active
Last Updated: July 31, 2024

Andhra Pradesh Solar Power Corporation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 M
  • Company Age 10 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 45.00 Cr
  • Revenue Growth 6.28%
  • Profit Growth 28.03%
  • Ebitda 1.67%
  • Net Worth 32.06%
  • Total Assets 1.90%

About Andhra Pradesh Solar Power Corporation

Andhra Pradesh Solar Power Corporation Private Limited (APSPCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 November 2014 and has a history of Ten years and two months. Its registered office is in Vijayawada, Andhra Pradesh, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹45.00 Cr.

The Key Managerial Personnel (KMP) at Andhra Pradesh Solar Power Corporation Private Limited India are Veera Vurimi as Cfo, Kamalakar Merupu as Ceo, and Koduri Kiran as Company Secretary. Shailesh Gupta, Kaveti Vijayanand, Kamalakar Merupu, and Three other members serve as directors at the Company.

Company Details

  • Location

    Vijayawada, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    apspcl.ap.gov.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40300AP2014PTC109375

  • Company No.

    109375

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 2014

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Environment

Who are the key members and board of directors at Andhra Pradesh Solar Power Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Kamalakar Merupu Country flag representing In Managing DirectorCurrent
Veera Vurimi CFO13-May-2022Current
Koduri Kiran Company Secretary10-Jun-2020Current

Board Members (5)

NameDesignationAppointment DateStatus
Shailesh Gupta Country flag representing In Nominee Director 09-Mar-2015Current
Kaveti Vijayanand Country flag representing In Director 26-Nov-2014Current
Venkata Kandregula Country flag representing In Nominee Director Current
Nanda Mullangi Country flag representing In Nominee Director 14-Jun-2024Current
Ajay Sinha Country flag representing In Nominee Director 19-Jul-2019Current

Financial Performance of Andhra Pradesh Solar Power Corporation.

Andhra Pradesh Solar Power Corporation Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.28% increase. The company also saw a substantial improvement in profitability, with a 28.03% increase in profit. The company's net worth Soared by an impressive increase of 32.06%.

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
6.28%
Revenue from Operations
3.94%
Total Assets
1.90%
Profit or Loss
28.03%
Net Worth
32.06%
EBITDA
1.67%

What is the Ownership and Shareholding Structure of Andhra Pradesh Solar Power Corporation?

In 2023, Andhra Pradesh Solar Power Corporation 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

₹45.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 45.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Apr 2016Others₹45.00 CrOpen

How Many Employees Work at Andhra Pradesh Solar Power Corporation?

Andhra Pradesh Solar Power Corporation has a workforce of 9 employees as of Mar 24, 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 Andhra Pradesh Solar Power Corporation, 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 Andhra Pradesh Solar Power Corporation'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 Andhra Pradesh Solar Power Corporation

Recent activity within the organization

  • Director Appointment

    Nanda Kishore Mullangi was appointed as a Nominee Director was appointed as a Nominee Director on 14 Jun 2024 & has been associated with this company since 8 months 9 days .

    14 Jun 2024

  • Annual General Meeting

    Andhra Pradesh Solar Power Corporation Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Andhra Pradesh Solar Power Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 45.00 Cr registered on 16 Apr 2016 with Charge ID 100025809 was modified on 06 Mar 2023.

    06 Mar 2023

  • Director Appointment

    Ajay Kumar Sinha was appointed as a Nominee Director was appointed as a Nominee Director on 19 Jul 2019 & has been associated with this company since 5 years 7 months .

    19 Jul 2019

  • Charges

    A charge with Others amounted to Rs. 45.00 Cr with Charge ID 100025809 was registered on 16 Apr 2016.

    16 Apr 2016

Frequently asked questions

  • Andhra Pradesh Solar Power Corporation Private Limited was incorporated on 26 Nov 2014.

  • The authorized share capital of Andhra Pradesh Solar Power Corporation Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 M.

  • Currently 9 directors are associated with Andhra Pradesh Solar Power Corporation Private Limited.

    • Shailesh Kumar Gupta
    • Kaveti Vijayanand
    • Kamalakar Babu Merupu
    • Venkata Naresh Chakradhara Babu Kandregula
    • Nanda Kishore Mullangi
    • Ajay Kumar Sinha
    • Veera Hanumantha Rao Vurimi
    • Kamalakar Babu Merupu
    • Koduri Kiran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Andhra Pradesh Solar Power Corporation Private Limited is 3Rd Floor Vidyut Soudha Gunadala, Vijayawada, Andhra Pradesh, India, 520004.

  • The corporate identification number (CIN) of Andhra Pradesh Solar Power Corporation Private Limited is U40300AP2014PTC109375 and the company number is 109375 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Andhra Pradesh Solar Power Corporation Private Limited is https://www.apspcl.ap.gov.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Andhra Pradesh Solar Power Corporation Private Limited has risen by 6.28%.

  • As Per 2023 financial reports, 9 employees are currently employed by Andhra Pradesh Solar Power Corporation Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Andhra Pradesh Solar Power Corporation Private Limited has experienced an upsurge of 32.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Andhra Pradesh Solar Power Corporation Private Limited amount to ₹ 45.00 Cr.

  • The most recent Balance Sheet for Andhra Pradesh Solar Power Corporation Private Limited was filed with the ROC on 31 Mar 2023.

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