Palnadu Solar Power Private Limited

Solar power company with 5.00 MW plant using poly-crystalline silicon technology in Andhra Pradesh.

2014 | Guntur, Andhra Pradesh (India) | Active
Last Updated:

Palnadu Solar Power Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.84 Cr
  • Company Age 11 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 41.83 Cr
  • Revenue Growth -6.39%
  • Profit Growth 65.97%
  • Ebitda -4.40%
  • Net Worth -123.23%
  • Total Assets -2.19%

About Palnadu Solar Power

Palnadu Solar Power Private Limited (PSPPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 January 2014 and has a history of 11 years and four months. Its registered office is in Guntur, Andhra Pradesh, 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 2023. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 7.84 Cr.

The company currently has active open charges totaling ₹41.83 Cr.

Sujatha Seelam and Mourya Seelam serve as directors at the Company.

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40101AP2014PTC092176

  • Company No.

    092176

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Environment
Company report

Palnadu Solar Power Private Limited

Explore comprehensive data for Palnadu Solar Power Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Palnadu Solar Power?

Board Members (2)

NameDesignationAppointment DateStatus
Sujatha Seelam Country flag representing In Director 07-Jan-2014Current
Mourya Seelam Country flag representing In Director 02-Mar-2015Current

Financial Performance of Palnadu Solar Power.

Palnadu Solar Power Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 6.39% decrease. The company also saw a substantial improvement in profitability, with a 65.97% increase in profit. The company's net worth observed a substantial decline by a decrease of 123.23%.

Palnadu Solar Power revenue growth over time
Palnadu Solar Power 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
-6.39%
Revenue from Operations
-5.90%
Total Assets
-2.19%
Profit or Loss
65.97%
Net Worth
-123.23%
EBITDA
-4.40%

What is the Ownership and Shareholding Structure of Palnadu Solar Power?

In 2019, Palnadu Solar 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41.83 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 26.83 Cr
  • Ifci Venture Capital Funds Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Nov 2015Ifci Venture Capital Funds Limited₹15.00 CrOpen
05 Nov 2015Syndicate Bank₹26.83 CrOpen

How Many Employees Work at Palnadu Solar Power?

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

Employee growth trends for Palnadu Solar Power Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palnadu Solar 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 Palnadu Solar Power'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 Palnadu Solar Power

Recent activity within the organization

  • Annual General Meeting

    Palnadu Solar Power Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Palnadu Solar Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

  • Charges

    A charge with Ifci Venture Capital Funds Limited amounted to Rs. 15.00 Cr with Charge ID 10600990 was registered on 06 Nov 2015.

  • Charges

    A charge with Syndicate Bank amounted to Rs. 26.83 Cr with Charge ID 10600989 was registered on 05 Nov 2015.

  • Director Appointment

    Mourya Seelam was appointed as a Director was appointed as a Director on 02 Mar 2015 & has been associated with this company since 10 years 2 months .

  • Director Appointment

    Sujatha Seelam was appointed as a Director was appointed as a Director on 07 Jan 2014 & has been associated with this company since 11 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Palnadu Solar Power Private Limited?

    Palnadu Solar Power Private Limited was incorporated on 07 Jan 2014.

  • What is authorized share capital and paid-up capital of Palnadu Solar Power Private Limited?

    The authorized share capital of Palnadu Solar Power Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.84 Cr.

  • Who are the current board members & directors of Palnadu Solar Power Private Limited?

    Currently 2 directors are associated with Palnadu Solar Power Private Limited.

    • Sujatha Seelam
    • Mourya Seelam

  • What is the registered address of Palnadu Solar Power Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palnadu Solar Power Private Limited is Plot No 7 Sai Towers, 4Th Lane Brundavan Gardens India, Guntur, Andhra Pradesh, 522006.

  • What is the corporate identification number (CIN) and company number of Palnadu Solar Power Private Limited?

    The corporate identification number (CIN) of Palnadu Solar Power Private Limited is U40101AP2014PTC092176 and the company number is 092176 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Palnadu Solar Power Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Palnadu Solar Power Private Limited has fallen by -6.39%.

  • What change has been observed in the net worth of Palnadu Solar Power Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Palnadu Solar Power Private Limited has experienced an downturn of -123.23%.

  • What are the total open charges for Palnadu Solar Power Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Palnadu Solar Power Private Limited amount to ₹ 41.83 Cr.

  • When was the last Balance Sheet of Palnadu Solar Power Private Limited filed with the ROC?

    The most recent Balance Sheet for Palnadu Solar Power Private Limited was filed with the ROC on 31 Mar 2023.

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