Parakeet Power Pvt Ltd

Provides LED lighting solutions with Omni directional illumination technology since 1995.

1995 | Rajkot, Gujarat (India) | Active
Last Updated:

Parakeet Power Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.84 M
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.03 Cr
  • Revenue Growth -21.82%
  • Profit Growth -46.45%
  • Ebitda -10.66%
  • Net Worth 2.54%
  • Total Assets 2.66%

About Parakeet Power

Parakeet Power Pvt Ltd (PPPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 April 1995 and has a history of 29 years and ten months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Consumer Electronics & Durables 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 2.50 M and a paid-up capital of Rs 1.84 M.

The company has closed loans amounting to ₹1.03 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rameshchandra Patel and Dhruv Vadhadia serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40106GJ1995PTC025484

  • Company No.

    025484

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

What products or services does Parakeet Power Pvt Ltd offer?

Parakeet Power Pvt Ltd offers a wide range of products and services, including Transformers & Transformer Parts, Industrial Transformer, Flood Lights, LED Floodlight, LED Lights, LED Lamp, LED Bulb, Welding Accessories, Welding Rectifier.

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

Board Members (2)

NameDesignationAppointment DateStatus
Rameshchandra Patel Country flag representing In Director 19-Feb-2021Current
Dhruv Vadhadia Country flag representing In Director 08-Aug-2011Current

Financial Performance of Parakeet Power.

Parakeet Power Pvt Ltd, for the financial year ended 2017, experienced significant reduction in revenue, with a 21.82% decrease. The company also saw a substantial fall in profitability, with a 46.45% decrease in profit. The company's net worth moved up by a moderate rise of 2.54%.

Parakeet Power revenue growth over time
Parakeet 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
-21.82%
Revenue from Operations
-27.88%
Total Assets
2.66%
Profit or Loss
-46.45%
Net Worth
2.54%
EBITDA
-10.66%

What is the Ownership and Shareholding Structure of Parakeet Power?

In 2017, Parakeet 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

₹0

Satisfied Charges

₹10.25 M

Charges Breakdown by Lending Institutions

  • State Bank Of Saurashtra : 1.03 Cr

Latest Charge Details

DateLenderAmountStatus
21 Nov 1998State Bank Of Saurashtra₹0.25 MSatisfied
17 Nov 1995State Bank Of Saurashtra₹1.00 CrSatisfied

How Many Employees Work at Parakeet Power?

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

Employee growth trends for Parakeet Power Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parakeet 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 Parakeet 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 Parakeet Power

Recent activity within the organization

  • Annual General Meeting

    Parakeet Power Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Parakeet Power Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Rameshchandra Thakarshibhai Patel was appointed as a Director was appointed as a Director on 19 Feb 2021 & has been associated with this company since 4 years 16 days .

  • Charges

    A charge registered on 17 Nov 1995 via Charge ID 90111291 with State Bank Of Saurashtra was fully satisfied on 22 Mar 2018.

  • Director Appointment

    Dhruv Rameshbhai Vadhadia was appointed as a Director was appointed as a Director on 08 Aug 2011 & has been associated with this company since 13 years 7 months .

  • Charges

    A charge with State Bank Of Saurashtra of Rs. 10.00 M registered on 17 Nov 1995 with Charge ID 90111291 was modified on 26 Jul 2008.

Frequently asked questions

  • What is the Incorporation or founding date of Parakeet Power Pvt Ltd?

    Parakeet Power Pvt Ltd was incorporated on 18 Apr 1995.

  • What is authorized share capital and paid-up capital of Parakeet Power Pvt Ltd?

    The authorized share capital of Parakeet Power Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 1.84 M.

  • Who are the current board members & directors of Parakeet Power Pvt Ltd?

    Currently 2 directors are associated with Parakeet Power Pvt Ltd.

    • Rameshchandra Thakarshibhai Patel
    • Dhruv Rameshbhai Vadhadia

  • What is the registered address of Parakeet Power Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Parakeet Power Pvt Ltd is Powerfarmat Polajaimorbihighwaytal.Morbi India, Rajkot, Gujarat, 363641.

  • What is the corporate identification number (CIN) and company number of Parakeet Power Pvt Ltd?

    The corporate identification number (CIN) of Parakeet Power Pvt Ltd is U40106GJ1995PTC025484 and the company number is 025484 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Parakeet Power Pvt Ltd?

    The Official website of Parakeet Power Pvt Ltd is https://www.parakeetpower.com

  • What has been the recent revenue trend for Parakeet Power Pvt Ltd?

    According to the financial reports for the fiscal year 2017, the revenue trend for Parakeet Power Pvt Ltd has fallen by -21.82%.

  • What change has been observed in the net worth of Parakeet Power Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Parakeet Power Pvt Ltd has experienced an upsurge of 2.54%.

  • When was the last Balance Sheet of Parakeet Power Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Parakeet Power Pvt Ltd was filed with the ROC on 31 Mar 2024.

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