Palimarwar Solar Project Private Limited

SPV setting up solar power project in Rajasthan under JNNSM with long-term PPA.

2013 | Kolkata, West Bengal (India) | Active
Last Updated: October 24, 2024

Palimarwar Solar Project Profile

Key Indicators

  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 20.30 Cr
  • Company Age 12 Year, 8 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 74.56 Cr
  • Satisfied Charges ₹ 42.98 Cr
  • Revenue Growth 5.89%
  • Profit Growth 65.10%
  • Ebitda -5.87%
  • Net Worth 14.75%
  • Total Assets -1.52%

About Palimarwar Solar Project

Palimarwar Solar Project Private Limited (PSPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 February 2013 and has a history of 12 years. Its registered office is in Kolkata, West Bengal, India.

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 21.00 Cr and a paid-up capital of Rs 20.30 Cr.

The company currently has active open charges totaling ₹74.56 Cr. The company has closed loans amounting to ₹42.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Palimarwar Solar Project Private Limited India is Gurpreet Reehal as COMPANY SECRETARY. Sheetal Bangur, Shreeyash Bangur, Yogesh Bangur, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lnbgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40300WB2013PTC190595

  • Company No.

    190595

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2013

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Environment

Who are the key members and board of directors at Palimarwar Solar Project?

Executive Team (1)

NameDesignationAppointment DateStatus
Gurpreet Reehal Country flag representing In Company Secretary31-Mar-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Sheetal Bangur Country flag representing In Director 13-Feb-2013Current
Shreeyash Bangur Country flag representing In Director 13-Feb-2013Current
Yogesh Bangur Country flag representing In Director 13-Feb-2013Current
Srikrishna Modani Country flag representing In Director 22-Oct-2014Current

Financial Performance of Palimarwar Solar Project.

Palimarwar Solar Project Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.89% increase. The company also saw a substantial improvement in profitability, with a 65.1% increase in profit. The company's net worth Soared by an impressive increase of 14.75%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
5.89%
Revenue from Operations
-4.11%
Total Assets
-1.52%
Profit or Loss
65.10%
Net Worth
14.75%
EBITDA
-5.87%

What is the Ownership and Shareholding Structure of Palimarwar Solar Project?

In 2023, Palimarwar Solar Project had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹74.56 Cr

Satisfied Charges

₹42.98 Cr

Charges Breakdown by Lending Institutions

  • Others : 52.92 Cr
  • Sbicap Trustee Company Limited : 21.64 Cr

Latest Charge Details

DateLenderAmountStatus
09 Dec 2021Others₹52.92 CrOpen
03 Sep 2015Sbicap Trustee Company Limited₹21.64 CrOpen
11 Nov 2014Others₹42.98 CrSatisfied

How Many Employees Work at Palimarwar Solar Project?

Unlock and access historical data on people associated with Palimarwar Solar Project, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palimarwar Solar Project, 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 Palimarwar Solar Project's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Palimarwar Solar Project

Recent activity within the organization

  • Annual General Meeting

    Palimarwar Solar Project Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Balance Sheet

    Palimarwar Solar Project Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 52.92 Cr registered on 09 Dec 2021 with Charge ID 100517805 was modified on 23 Aug 2022.

    23 Aug 2022

  • Charges

    A charge registered on 11 Nov 2014 via Charge ID 10537434 with Others was fully satisfied on 15 Jun 2022.

    15 Jun 2022

  • Charges

    A charge with Others amounted to Rs. 52.92 Cr with Charge ID 100517805 was registered on 09 Dec 2021.

    09 Dec 2021

  • Director Appointment

    Gurpreet Singh Reehal was appointed as a Company Secretary was appointed as a Company Secretary on 31 Mar 2021 & has been associated with this company since 3 years 10 months .

    31 Mar 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Palimarwar Solar Project Private Limited was incorporated on 13 Feb 2013.

  • The authorized share capital of Palimarwar Solar Project Private Limited is ₹ 21.00 Cr and paid-up capital is ₹ 20.30 Cr.

  • Currently 5 directors are associated with Palimarwar Solar Project Private Limited.

    • Sheetal Bangur
    • Shreeyash Bangur
    • Yogesh Bangur
    • Srikrishna Modani
    • Gurpreet Singh Reehal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palimarwar Solar Project Private Limited is 7, Munshi Premchand Sarani Hastings India, Kolkata, West Bengal, 700022.

  • The corporate identification number (CIN) of Palimarwar Solar Project Private Limited is U40300WB2013PTC190595 and the company number is 190595 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Palimarwar Solar Project Private Limited is https://www.lnbgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Palimarwar Solar Project Private Limited has risen by 5.89%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Palimarwar Solar Project Private Limited has experienced an upsurge of 14.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Palimarwar Solar Project Private Limited amount to ₹ 74.56 Cr.

  • The most recent Balance Sheet for Palimarwar Solar Project Private Limited was filed with the ROC on 31 Mar 2024.

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