Argo Solar Profile
Key Indicators
- Authorised Capital ₹ 2.10 M
- Paid Up Capital ₹ 1.09 M
- Company Age 11 Year, 10 Months
- 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 11 years and ten months. 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
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.
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
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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)
₹65.87 M
₹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.
