Palace Solar Energy Profile
Key Indicators
- Authorised Capital ₹ 13.05 Cr
- Paid Up Capital ₹ 13.05 Cr
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 150.00 Cr
- Revenue Growth -3.53%
- Profit Growth -2.97%
- Ebitda -6.35%
- Net Worth 18.88%
- Total Assets 16.19%
About Palace Solar Energy
Palace Solar Energy Private Limited (PSEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 October 2007 and has a history of 17 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Inspira Solar Energy Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 13.05 Cr and a paid-up capital of Rs 13.05 Cr.
The company has closed loans amounting to ₹150.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Palace Solar Energy Private Limited India are Mysha Chellaramani as COMPANY SECRETARY and Surjo Sinha as Cfo. Subhash Bhargava, Amitabh Verma, Sanjay Patra, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U40102MH2007PTC175289
- Company No.
175289
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Oct 2007
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Palace Solar Energy?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mysha Chellaramani  | Company Secretary | 20-Dec-2019 | Current |
| Surjo Sinha | CFO | 19-Dec-2017 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subhash Bhargava | Director | 24-Sep-2020 | Current |
| Sanjay Patra | Director | 11-Nov-2021 | Current |
| Amitabh Verma | Director | 26-Mar-2021 | Current |
| Piyush Maheshwari | Director | 05-Feb-2024 | Current |
Financial Performance of Palace Solar Energy.
Palace Solar Energy Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 3.53% decrease. The company also saw a slight decrease in profitability, with a 2.97% decrease in profit. The company's net worth Soared by an impressive increase of 18.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Palace Solar Energy?
In 2020, Palace Solar Energy had a promoter holding of 74.00% and a public holding of 26.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Aditya Birla Sun Life Pension Management LimitedSubhash Bhargava is a mutual person
Aditya Birla Renewables Subsidiary LimitedSubhash Bhargava, Sanjay Patra and 1 more are mutual person
Aditya Birla Renewables Spv 1 LimitedSanjay Patra and Piyush Maheshwari are mutual person
Aditya Birla Renewables Utkal LimitedAmitabh Verma and Piyush Maheshwari are mutual person
Aditya Birla Renewables Solar LimitedSubhash Bhargava and Piyush Maheshwari are mutual person
Aditya Birla Renewables Energy LimitedSubhash Bhargava and Piyush Maheshwari are mutual person
Charges (Loans)
₹0
₹150.00 Cr
Charges Breakdown by Lending Institutions
- Axis Trustee Services Limited : 150.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 May 2013 | Axis Trustee Services Limited | ₹150.00 Cr | Satisfied |
How Many Employees Work at Palace Solar Energy?
Palace Solar Energy has a workforce of 18 employees as of Apr 06, 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 Palace Solar Energy, 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 Palace Solar Energy'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.
