
Palace Solar Energy Private Limited
Renewable energy company with 15MW solar power plant in Gujarat, established in 2007.
Renewable energy company with 15MW solar power plant in Gujarat, established in 2007.
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 four 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.
Mumbai, Maharashtra, India
+91-XXXXXXXXXX
-
U40102MH2007PTC175289
175289
Private Limited Indian Non-Government Company
23 Oct 2007
26 Sep 2024
31 Mar 2024
Unlisted
Roc Mumbai
Name | Designation | Appointment Date | Status |
---|---|---|---|
Mysha Chellaramani ![]() | Company Secretary | 20-Dec-2019 | Current |
Surjo Sinha ![]() | CFO | 19-Dec-2017 | Current |
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 |
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%.
Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue |
| ||||||
Revenue from Operations |
| ||||||
Total Assets |
| ||||||
Profit or Loss |
| ||||||
Net Worth |
| ||||||
EBITDA |
|
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.
Subhash Bhargava is a mutual person
Subhash Bhargava, Sanjay Patra and 1 more are mutual person
Sanjay Patra and Piyush Maheshwari are mutual person
Amitabh Verma and Piyush Maheshwari are mutual person
Subhash Bhargava and Piyush Maheshwari are mutual person
Subhash Bhargava and Piyush Maheshwari are mutual person
₹0
₹150.00 Cr
Date | Lender | Amount | Status |
---|---|---|---|
07 May 2013 | Axis Trustee Services Limited | ₹150.00 Cr | Satisfied |
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.
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.
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.
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.
Palace Solar Energy Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
Palace Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Piyush Maheshwari was appointed as a Director was appointed as a Director on 05 Feb 2024 & has been associated with this company since 1 year 27 days .
Sanjay Kumar Patra was appointed as a Director was appointed as a Director on 11 Nov 2021 & has been associated with this company since 3 years 3 months .
Amitabh Verma was appointed as a Director was appointed as a Director on 26 Mar 2021 & has been associated with this company since 3 years 11 months .
A charge registered on 07 May 2013 via Charge ID 10426795 with Axis Trustee Services Limited was fully satisfied on 03 Mar 2021.
Palace Solar Energy Private Limited was incorporated on 23 Oct 2007.
The authorized share capital of Palace Solar Energy Private Limited is ₹ 13.05 Cr and paid-up capital is ₹ 13.05 Cr.
Currently 6 directors are associated with Palace Solar Energy Private Limited.
As per Ministry of Corporate Affairs (Mca), the registered address of Palace Solar Energy Private Limited is A-1 Aditya Birla Centre S.K. Ahire Marg, Worli India, Mumbai, Maharashtra, 400030.
The corporate identification number (CIN) of Palace Solar Energy Private Limited is U40102MH2007PTC175289 and the company number is 175289 as per Ministry of Corporate Affairs (MCA).
According to the financial reports for the fiscal year 2022, the revenue trend for Palace Solar Energy Private Limited has fallen by -3.53%.
As Per 2022 financial reports, 18 employees are currently employed by Palace Solar Energy Private Limited.
The financial reports for the fiscal year 2022 indicates that The net worth of Palace Solar Energy Private Limited has experienced an upsurge of 18.88%.
The most recent Balance Sheet for Palace Solar Energy Private Limited was filed with the ROC on 31 Mar 2024.
MB
GD
SB
KV