Pal Svam Power Solutions Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 3.35 Cr
- Company Age 5 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 28.91 Cr
- Revenue Growth 62.31%
- Profit Growth 55.22%
- Ebitda 257.44%
- Net Worth 70.60%
- Total Assets 61.89%
About Pal Svam Power Solutions
Pal Svam Power Solutions Private Limited (PSPSPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 December 2019 (Five years and two months 13 days old ). Its registered office is in New Delhi, Delhi, India.
The Corporate was formerly known as L.G. Sales And Services Private Limited. The Company is engaged in the Machinery And Equipment 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 7.00 Cr and a paid-up capital of Rs 3.35 Cr.
The company currently has active open charges totaling ₹28.91 Cr.
Mrinali Luthra, Ashima Luthra, Meera Luthra, and Five other members serve as directors at the Company.
Company Details
- Location
New Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31900DL2019PTC358976
- Company No.
358976
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Dec 2019
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Machinery and Equipment
Who are the key members and board of directors at Pal Svam Power Solutions?
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nishant Luthra  | Director | 19-Dec-2019 | Current |
| Mrinali Luthra | Director | 15-Sep-2023 | Current |
| Ashima Luthra | Director | 19-Dec-2019 | Current |
| Meera Luthra | Director | 02-Mar-2021 | Current |
| Prasant Luthra | Director | 02-Mar-2021 | Current |
| Sudhir Malhotra | Director | 16-Jun-2023 | Current |
Financial Performance of Pal Svam Power Solutions.
Pal Svam Power Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.31% increase. The company also saw a substantial improvement in profitability, with a 55.22% increase in profit. The company's net worth Soared by an impressive increase of 70.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Pal Svam Power Solutions?
In 2023, Pal Svam Power Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Svam Power Plants Private LimitedSudhir Malhotra is a mutual person
Pal Affordable Housing LlpAshima Luthra and Nishant Luthra are mutual person
- Pal Sales & Service Private Limited
Ashima Luthra and Nishant Luthra are mutual person
- S-Trading Engineers Service Centre Private Limited
Meera Luthra and Nishant Luthra are mutual person
- Pal Sany Ventures Private Limited
Nishant Luthra and Prasant Luthra are mutual person
- L.G. Impex Private Limited
Nishant Luthra and Prasant Luthra are mutual person
Charges (Loans)
Open Charges
₹28.91 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 28.71 Cr
- Hdb Financial Services Limited : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2024 | Hdb Financial Services Limited | ₹1.98 M | Open |
| 28 Dec 2023 | Hdfc Bank Limited | ₹1.47 M | Open |
| 06 Oct 2023 | Hdfc Bank Limited | ₹2.15 M | Open |
| 21 Jan 2023 | Hdfc Bank Limited | ₹2.00 M | Open |
| 28 Jun 2021 | Hdfc Bank Limited | ₹1.48 M | Open |
How Many Employees Work at Pal Svam Power Solutions?
Pal Svam Power Solutions has a workforce of 606 employees as of Apr 09, 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 Pal Svam Power Solutions, 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 Pal Svam Power Solutions'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 Pal Svam Power Solutions
Recent activity within the organization
- Charges
A charge with Hdb Financial Services Limited amounted to Rs. 0.20 Cr with Charge ID 100894277 was registered on 31 Jan 2024.
31 Jan 2024
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100869867 was registered on 28 Dec 2023.
28 Dec 2023
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100823333 was registered on 06 Oct 2023.
06 Oct 2023
- Annual General Meeting
Pal Svam Power Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023
- Charges
A charge with Hdfc Bank Limited of Rs. 28.00 Cr registered on 31 Mar 2021 with Charge ID 100439053 was modified on 29 Sep 2023.
29 Sep 2023
- Director Appointment
Mrinali Luthra was appointed as a Director was appointed as a Director on 15 Sep 2023 & has been associated with this company since 1 year 5 months .
15 Sep 2023
Frequently asked questions
What is the Incorporation or founding date of Pal Svam Power Solutions Private Limited?
Pal Svam Power Solutions Private Limited was incorporated on 19 Dec 2019.
What is authorized share capital and paid-up capital of Pal Svam Power Solutions Private Limited?
The authorized share capital of Pal Svam Power Solutions Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 3.35 Cr.
Who are the current board members & directors of Pal Svam Power Solutions Private Limited?
Currently 8 directors are associated with Pal Svam Power Solutions Private Limited.
- Mrinali Luthra
- Ashima Luthra
- Meera Luthra
- Nishant Luthra
- Prasant Luthra
- Sudhir Kumar Malhotra
- Vanita Malhotra
- Simrin Malhotra
What is the registered address of Pal Svam Power Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pal Svam Power Solutions Private Limited is E-14/11 Vasant Vihar, New Delhi, India, 110057.
What is the corporate identification number (CIN) and company number of Pal Svam Power Solutions Private Limited?
The corporate identification number (CIN) of Pal Svam Power Solutions Private Limited is U31900DL2019PTC358976 and the company number is 358976 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pal Svam Power Solutions Private Limited?
The Official website of Pal Svam Power Solutions Private Limited is https://www.palsvam.com
What has been the recent revenue trend for Pal Svam Power Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Pal Svam Power Solutions Private Limited has risen by 62.31%.
How many employees does Pal Svam Power Solutions Private Limited currently have?
As Per 2023 financial reports, 606 employees are currently employed by Pal Svam Power Solutions Private Limited.
What change has been observed in the net worth of Pal Svam Power Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Pal Svam Power Solutions Private Limited has experienced an upsurge of 70.60%.
What are the total open charges for Pal Svam Power Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Pal Svam Power Solutions Private Limited amount to ₹ 28.91 Cr.
When was the last Balance Sheet of Pal Svam Power Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Pal Svam Power Solutions Private Limited was filed with the ROC on 31 Mar 2023.