Argo Solar Profile
Key Indicators
- Authorised Capital ₹ 2.10 M
- Paid Up Capital ₹ 1.09 M
- Company Age 12 Year, 14 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.59 Cr
- Satisfied Charges ₹ 9.25 Cr
- Revenue Growth 22.02%
- Profit Growth -22.83%
- Ebitda 28.75%
- Net Worth 12.74%
- Total Assets 14.82%
About Argo Solar
Argo Solar Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 April 2013 and has a history of 12 years. Its registered office is in Rangareddy, Telangana, 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 2.10 M and a paid-up capital of Rs 1.09 M.
The company currently has active open charges totaling ₹6.59 Cr. The company has closed loans amounting to ₹9.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ajay Karkhanis, Rajesh Peddu, and Anusha Peddu serve as directors at the Company.
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40108TG2013PTC086967
- Company No.
086967
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Apr 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Environment
What products or services does Argo Solar Private Limited offer?
Argo Solar Private Limited offers a wide range of products and services, including Electrical & Electronic Goods Repair, Solar Power Plant Installation, Power Bank, Solar Power Bank, Solar System Installation Service, Solar Power Plants, Solar Power Systems, Diesel Engine Generator Set, DG Sets, Solar Photovoltaic Systems.
Argo Solar Private Limited
Explore comprehensive data for Argo Solar Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Argo Solar?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Peddu  | Managing Director | 12-Apr-2013 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ajay Karkhanis | Director | 20-May-2017 | Current |
| Anusha Peddu | Director | 09-Sep-2021 | Current |
Financial Performance of Argo Solar.
Argo Solar Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.02% increase. The company also saw a substantial fall in profitability, with a 22.83% decrease in profit. The company's net worth Soared by an impressive increase of 12.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Argo Solar?
In 2023, Argo Solar had a promoter holding of 99.91% and a public holding of 0.09%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Resolve Business Services (India) Private LimitedAjay Karkhanis is a mutual person
Link Software And Systems Pvt LtdAjay Karkhanis is a mutual person
Link Indiaart.Com Private LimitedAjay Karkhanis is a mutual person
- Technology Network (India) Private Limited
Ajay Karkhanis is a mutual person
- Revolve Projects Llp
Rajesh Peddu is a mutual person
- Greenace Energy Private Limited
Rajesh Peddu and Anusha Peddu are mutual person
Charges (Loans)
Open Charges
₹65.87 M
Satisfied Charges
₹92.50 M
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 6.59 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2022 | Yes Bank Limited | ₹6.59 Cr | Open |
| 24 Feb 2020 | Others | ₹3.00 Cr | Satisfied |
| 23 Jul 2018 | Others | ₹5.00 Cr | Satisfied |
| 15 May 2015 | Small Industries Development Bank Of India | ₹1.25 Cr | Satisfied |
How Many Employees Work at Argo Solar?
Argo Solar has a workforce of 21 employees as of Mar 31, 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 Argo 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 Argo 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.
Latest Updates, News, and FAQs on Argo Solar
Recent activity within the organization
- Annual General Meeting
Argo Solar Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Argo Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge with Yes Bank Limited of Rs. 65.87 M registered on 29 Jan 2022 with Charge ID 100533675 was modified on 26 Aug 2022.
- Charges
A charge registered on 24 Feb 2020 via Charge ID 100331781 with Others was fully satisfied on 31 Jan 2022.
- Charges
A charge with Yes Bank Limited amounted to Rs. 65.87 M with Charge ID 100533675 was registered on 29 Jan 2022.
- Director Appointment
Anusha Peddu was appointed as a Director was appointed as a Director on 09 Sep 2021 & has been associated with this company since 3 years 7 months .
Frequently asked questions
What is the Incorporation or founding date of Argo Solar Private Limited?
Argo Solar Private Limited was incorporated on 12 Apr 2013.
What is authorized share capital and paid-up capital of Argo Solar Private Limited?
The authorized share capital of Argo Solar Private Limited is ₹ 2.10 M and paid-up capital is ₹ 1.09 M.
Who are the current board members & directors of Argo Solar Private Limited?
Currently 3 directors are associated with Argo Solar Private Limited.
- Ajay Shrikant Karkhanis
- Rajesh Peddu
- Anusha Peddu
What is the registered address of Argo Solar Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Argo Solar Private Limited is A-503 Jmr White Lotus 8-1-293/A/1 Opp Heritage Mart Ou Colony Road, Darga H India, Shaikpet, Telangana, 500008.
What is the corporate identification number (CIN) and company number of Argo Solar Private Limited?
The corporate identification number (CIN) of Argo Solar Private Limited is U40108TG2013PTC086967 and the company number is 086967 as per Ministry of Corporate Affairs (MCA).
What is the official website of Argo Solar Private Limited?
The Official website of Argo Solar Private Limited is https://www.argosolar.in
What has been the recent revenue trend for Argo Solar Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Argo Solar Private Limited has risen by 22.02%.
How many employees does Argo Solar Private Limited currently have?
As Per 2023 financial reports, 21 employees are currently employed by Argo Solar Private Limited.
What change has been observed in the net worth of Argo Solar Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Argo Solar Private Limited has experienced an upsurge of 12.74%.
What are the total open charges for Argo Solar Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Argo Solar Private Limited amount to ₹ 6.59 Cr.
When was the last Balance Sheet of Argo Solar Private Limited filed with the ROC?
The most recent Balance Sheet for Argo Solar Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Veeravenkata DatlaWholetime DirectorSM
Sagi MadhuriWholetime Director
Similar Companies Based on Solar Energy Solutions
Telangana Power Generation Corporation Limited Hyderabad, Telangana, India
Maharashtra State Power Generation Company Limited Mumbai, Maharashtra, India
National Aluminium Co Ltd Khorda, Odisha, India
Essel Mining & Industries Ltd. Kolkata, West Bengal, India
Torrent Power Limited Ahmedabad, Gujarat, India
Solar Energy Corporation Of India Limited Delhi, India
Avaada Energy Private Limited Mumbai, Maharashtra, India
Jindal Aluminium Limited. Bangaluru, Karnataka, India