Lineage Power Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 14 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,471.00 Cr
- Revenue Growth 175.94%
- Profit Growth 559.58%
- Ebitda 482.88%
- Net Worth 95.82%
- Total Assets 139.87%
About Lineage Power
Lineage Power Private Limited (LPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 June 2010 and has a history of 14 years and ten months. Its registered office is in Bangaluru, Karnataka, India.
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.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Telecom
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.
Lineage Power Private Limited
Explore comprehensive data for Lineage Power Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Ratios
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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 LimitedVenugopalrao Maddisetty, Maddisetty Padma and 1 more are mutual person
- Inso Pace Private Limited
Venugopalrao Maddisetty and Maddisetty Padma are mutual person
- Ap Digital Infra Private Limited
Venugopalrao Maddisetty and Maddisetty Padma are mutual person
- Vpace Realtek Private Limited
Venugopalrao Maddisetty and Rajiv Maddisetty are mutual person
- Aisri Developers Private Limited
Rajiv Maddisetty is a mutual person
Charges (Loans)
Open Charges
₹1,471.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 1428.00 Cr
- Others : 40.00 Cr
- Axis Bank Limited : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 May 2024 | Canara Bank | ₹1,308.00 Cr | Open |
| 31 Jan 2024 | Others | ₹40.00 Cr | Open |
| 11 Jun 2021 | Axis Bank Limited | ₹3.00 Cr | Open |
| 30 Jul 2014 | Canara Bank | ₹120.00 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.
Latest Updates, News, and FAQs on Lineage Power
Recent activity within the organization
- Annual General Meeting
Lineage Power Private Limited last Annual general meeting of members was held on 23 Jul 2024 as per latest MCA records.
- Charges
A charge with Canara Bank amounted to Rs. 1,308.00 Cr with Charge ID 100923233 was registered on 04 May 2024.
- Balance Sheet
Lineage Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Canara Bank of Rs. 120.00 Cr registered on 30 Jul 2014 with Charge ID 10527816 was modified on 26 Mar 2024.
- Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100870200 was registered on 31 Jan 2024.
- Director Appointment
Mudduluru Rohitha was appointed as a Director was appointed as a Director on 14 Mar 2023 & has been associated with this company since 2 years 2 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Lineage Power Private Limited?
Lineage Power Private Limited was incorporated on 29 Jun 2010.
What is authorized share capital and paid-up capital of Lineage Power Private Limited?
The authorized share capital of Lineage Power Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Lineage Power Private Limited?
Currently 4 directors are associated with Lineage Power Private Limited.
- Venugopalrao Maddisetty
- Maddisetty Padma
- Rajiv Maddisetty
- Mudduluru Rohitha
What is the registered address of Lineage Power Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lineage Power Private Limited is Plot No. V-12 Industrial Estate Kumbalgodu -Mysore Highway, India, Bangalore, Karnataka, 560074.
What is the corporate identification number (CIN) and company number of Lineage Power Private Limited?
The corporate identification number (CIN) of Lineage Power Private Limited is U45207KA2010PTC054269 and the company number is 054269 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lineage Power Private Limited?
The Official website of Lineage Power Private Limited is https://www.lineagepowersystems.com
What has been the recent revenue trend for Lineage Power Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Lineage Power Private Limited has risen by 175.94%.
How many employees does Lineage Power Private Limited currently have?
As Per 2024 financial reports, 560 employees are currently employed by Lineage Power Private Limited.
What change has been observed in the net worth of Lineage Power Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Lineage Power Private Limited has experienced an upsurge of 95.82%.
What are the total open charges for Lineage Power Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Lineage Power Private Limited amount to ₹ 1,471.00 Cr.
When was the last Balance Sheet of Lineage Power Private Limited filed with the ROC?
The most recent Balance Sheet for Lineage Power Private Limited was filed with the ROC on 31 Mar 2024.
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