Par Solar Private Limited

Electric power generation, transmission, and distribution company incorporated in 1979 with headquarters in Mumbai.

1979 | Mumbai, Maharashtra (India) | Active
Last Updated: July 28, 2024

Par Solar Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 7.02 Cr
  • Company Age 45 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 Cr
  • Revenue Growth 30.96%
  • Profit Growth 25503.84%
  • Ebitda -0.73%
  • Net Worth 64.20%
  • Total Assets 8.45%

About Par Solar

Par Solar Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 July 1979 and has a history of 45 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Arora Mining And Smelting Limited. The Company is engaged in the Energy And Power 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 14.00 Cr and a paid-up capital of Rs 7.02 Cr.

The company currently has active open charges totaling ₹5.00 Cr.

Rupindersingh Arora, Ritika Arora, and Deepi Arora serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parsolar.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51100MH1979PTC021451

  • Company No.

    021451

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jul 1979

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

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

Board Members (3)

NameDesignationAppointment DateStatus
Rupindersingh Arora Country flag representing In Director 25-Jan-1995Current
Ritika Arora Country flag representing In Director 01-Oct-2007Current
Deepi Arora Country flag representing In Director 25-Jan-1995Current

Financial Performance of Par Solar.

Par Solar Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.96% increase. The company also saw a substantial improvement in profitability, with a 25503.84% increase in profit. The company's net worth Soared by an impressive increase of 64.2%.

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
30.96%
Revenue from Operations
-68.70%
Total Assets
8.45%
Profit or Loss
25503.84%
Net Worth
64.20%
EBITDA
-0.73%

What is the Ownership and Shareholding Structure of Par Solar?

In 2023, Par Solar 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

₹5.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.00 Cr
  • Others : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Feb 2021Others₹2.00 CrOpen
18 Aug 2018Hdfc Bank Limited₹3.00 CrOpen

How Many Employees Work at Par Solar?

Unlock and access historical data on people associated with Par Solar, 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 Par Solar, 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 Par Solar'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 Par Solar

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Par Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100416566 was registered on 17 Feb 2021.

    17 Feb 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100199487 was registered on 18 Aug 2018.

    18 Aug 2018

  • Director Appointment

    Ritika Rupinder Arora was appointed as a Director was appointed as a Director on 01 Oct 2007 & has been associated with this company since 17 years 4 months .

    01 Oct 2007

  • Director Appointment

    Rupindersingh Dilawarsingh Arora was appointed as a Director was appointed as a Director on 25 Jan 1995 & has been associated with this company since 30 years 29 days .

    25 Jan 1995

Frequently asked questions

  • Par Solar Private Limited was incorporated on 06 Jul 1979.

  • The authorized share capital of Par Solar Private Limited is ₹ 14.00 Cr and paid-up capital is ₹ 7.02 Cr.

  • Currently 3 directors are associated with Par Solar Private Limited.

    • Rupindersingh Dilawarsingh Arora
    • Ritika Rupinder Arora
    • Deepi Rupindersingh Arora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Par Solar Private Limited is Arora House 16 Golf Link Union Park Khar (W), Mumbai, Maharashtra, India, 400052.

  • The corporate identification number (CIN) of Par Solar Private Limited is U51100MH1979PTC021451 and the company number is 021451 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Par Solar Private Limited is https://www.parsolar.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Par Solar Private Limited has risen by 30.96%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Par Solar Private Limited has experienced an upsurge of 64.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Par Solar Private Limited amount to ₹ 5.00 Cr.

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

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