Australian Premium Solar (India) Limited

Solar product manufacturer for residential, commercial, and agricultural use.

2013 | Sabarkantha, Gujarat (India) | Active
Last Updated: May 03, 2024

Australian Premium Solar (India) Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 19.74 Cr
  • Company Age 11 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 36.75 Cr
  • Revenue Growth -3.43%
  • Profit Growth 17.27%
  • Ebitda 11.78%
  • Net Worth 29.20%
  • Total Assets 12.89%

About Australian Premium Solar (India)

Australian Premium Solar (India) Limited (APSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 May 2013 and has a history of 11 years and eight months. Its registered office is in Sabarkantha, Gujarat, India.

The Corporate was formerly known as Australian Solar Panel (India) Private Limited. The Company is engaged in the Consumer Goods 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 20.00 Cr and a paid-up capital of Rs 19.74 Cr.

The company currently has active open charges totaling ₹36.75 Cr.

The Key Managerial Personnel (KMP) at Australian Premium Solar (India) Limited India are Kalpesh Vakharia as CFO and Anjeeta Chaorasia as Company Secretary. Chetan Patel, Chimanbhai Patel, Dhavalkumar Suthar, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U40300GJ2013PLC075244

  • Company No.

    075244

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 May 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Goods

What products or services does Australian Premium Solar (India) Limited offer?

Australian Premium Solar (India) Limited offers a wide range of products and services, including Inverters, Solar Inverter, Solar & Renewable Energy Products, Solar Panels, Solar Power Plants, Solar Rooftops, Polycrystalline Solar Panels.

Who are the key members and board of directors at Australian Premium Solar (India)?

Executive Team (2)

Name Designation Appointment Date Status
Kalpesh Vakharia CFO 07-Aug-2023 Current
Anjeeta Chaorasia Company Secretary 01-Sep-2023 Current

Board Members (5)

Name Designation Appointment Date Status
Chetan Patel Country flag representing In Director 19-Jul-2023 Current
Chimanbhai Patel Country flag representing In Director 23-May-2013 Current
Dhavalkumar Suthar Country flag representing In Whole-Time Director 12-Jun-2020 Current
Nikunjkumar Patel Country flag representing In Director 07-Aug-2023 Current
Anupriya Tripathi Country flag representing In Director 07-Aug-2023 Current

Financial Performance of Australian Premium Solar (India).

Australian Premium Solar (India) Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.43% decrease. The company also saw a substantial improvement in profitability, with a 17.27% increase in profit. The company's net worth Soared by an impressive increase of 29.2%.

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
-3.43%
Revenue from Operations
-3.63%
Total Assets
12.89%
Profit or Loss
17.27%
Net Worth
29.20%
EBITDA
11.78%

What is the Ownership and Shareholding Structure of Australian Premium Solar (India)?

In 2023, Australian Premium Solar (India) had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.75 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 36.75 Cr

Latest Charge Details

Date Lender Amount Status
13 Jun 2023 Hdfc Bank Limited ₹13.50 Cr Open
15 Mar 2023 Hdfc Bank Limited ₹23.25 Cr Open

How Many Employees Work at Australian Premium Solar (India)?

Australian Premium Solar (India) has a workforce of 169 employees as of Apr 08, 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 Australian Premium Solar (India), 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 Australian Premium Solar (India)'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 Australian Premium Solar (India)

Recent activity within the organization

  • Annual General Meeting

    Australian Premium Solar (India) Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Nikunjkumar Chimanlal Patel was appointed as a Director was appointed as a Director on 07 Aug 2023 & has been associated with this company since 1 year 5 months .

    07 Aug 2023

  • Director Appointment

    Anupriya Tripathi was appointed as a Director was appointed as a Director on 07 Aug 2023 & has been associated with this company since 1 year 5 months .

    07 Aug 2023

  • Director Appointment

    Chetan Babaldas Patel was appointed as a Director was appointed as a Director on 19 Jul 2023 & has been associated with this company since 1 year 6 months .

    19 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 23.25 Cr registered on 15 Mar 2023 with Charge ID 100753011 was modified on 10 Jul 2023.

    10 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 13.50 Cr with Charge ID 100769129 was registered on 13 Jun 2023.

    13 Jun 2023

Frequently asked questions

  • Australian Premium Solar (India) Limited was incorporated on 23 May 2013.

  • The authorized share capital of Australian Premium Solar (India) Limited is ₹ 20.00 Cr and paid-up capital is ₹ 19.74 Cr.

  • Currently 7 directors are associated with Australian Premium Solar (India) Limited.

    • Chetan Babaldas Patel
    • Chimanbhai Ranchhodbhai Patel
    • Dhavalkumar Jayeshkumar Suthar
    • Nikunjkumar Chimanlal Patel
    • Anupriya Tripathi
    • Kalpesh Virendra Vakharia
    • Anjeeta Chaorasia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Australian Premium Solar (India) Limited is Tajpur Nh-08, Ta-Prantij, Sabarkantha, Gujarat, India, 383205.

  • The corporate identification number (CIN) of Australian Premium Solar (India) Limited is U40300GJ2013PLC075244 and the company number is 075244 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Australian Premium Solar (India) Limited is https://www.australianpremiumsolar.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Australian Premium Solar (India) Limited has fallen by -3.43%.

  • As Per 2023 financial reports, 169 employees are currently employed by Australian Premium Solar (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Australian Premium Solar (India) Limited has experienced an upsurge of 29.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Australian Premium Solar (India) Limited amount to ₹ 36.75 Cr.

  • The most recent Balance Sheet for Australian Premium Solar (India) Limited was filed with the ROC on 31 Mar 2023.

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