Lineage Power Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 5.00 Cr
as on 24-10-2024
- Company Age 14 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,471.00 Cr
as on 24-10-2024
- Revenue 175.94%
(FY 2024)
- Profit 559.58%
(FY 2024)
- Ebitda 482.88%
(FY 2024)
- Net Worth 95.82%
(FY 2024)
- Total Assets 139.87%
(FY 2024)
About Lineage Power
The Corporate was formerly known as Pace Solar Farms (India) Private Limited. The Company is engaged in the Telecom Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹1,471.00 Cr.
Venugopalrao Maddisetty, Maddisetty Padma, Rajiv Maddisetty, and One other member serve as directors at the Company.
- CIN/LLPIN
U45207KA2010PTC054269
- Company No.
054269
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Jun 2010
- Date of AGM
23 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Lineage Power Private Limited offer?
Lineage Power Private Limited offers a wide range of products and services, including Inverters, UPS and Converters, Power Converter, Software Development & IT Consultant, Integration Support Service, Electric Circuit Components & Spares, Rectifiers, Process Control Systems & Equipments, Power Controllers, Power Supply Systems, Electrical Panels & Distribution Box.
Who are the key members and board of directors at Lineage Power?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venugopalrao Maddisetty  | Director | 29-Jun-2010 | Current |
| Maddisetty Padma | Director | 29-Jun-2010 | Current |
| Rajiv Maddisetty | Director | 09-Jul-2019 | Current |
| Mudduluru Rohitha | Director | 14-Mar-2023 | Current |
Financial Performance of Lineage Power.
Lineage Power Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 175.94% increase. The company also saw a substantial improvement in profitability, with a 559.58% increase in profit. The company's net worth Soared by an impressive increase of 95.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Lineage Power?
In 2023, Lineage Power 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)
Pace Digitek Infra Private LimitedActive 17 years 9 monthsVenugopalrao Maddisetty, Maddisetty Padma and 1 more are mutual person
Pace Renewable Energies Private LimitedActive 14 years 8 monthsVenugopalrao Maddisetty, Maddisetty Padma and 1 more are mutual person
- Inso Pace Private LimitedActive 6 years 2 months
Venugopalrao Maddisetty and Maddisetty Padma are mutual person
- Ap Digital Infra Private LimitedActive 6 years 3 months
Venugopalrao Maddisetty and Maddisetty Padma are mutual person
- Vpace Realtek Private LimitedActive 2 years 5 months
Venugopalrao Maddisetty and Rajiv Maddisetty are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 04 May 2024 | ₹1,308.00 Cr | Open |
Others Creation Date: 31 Jan 2024 | ₹40.00 Cr | Open |
Axis Bank Limited Creation Date: 11 Jun 2021 | ₹3.00 Cr | Open |
How Many Employees Work at Lineage Power?
Lineage Power has a workforce of 560 employees as of Oct 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lineage Power, 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 Lineage Power'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.
