Param Renewable Energy Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
as on 14-06-2024
- Paid Up Capital ₹ 1.50 M
as on 14-06-2024
- Company Age 5 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 31.25 Cr
as on 14-06-2024
- Revenue 10.22%
(FY 2023)
- Profit -85.92%
(FY 2023)
- Ebitda -11.66%
(FY 2023)
- Net Worth 6.26%
(FY 2023)
- Total Assets 58.53%
(FY 2023)
About Param Renewable Energy
The Company is engaged in the Engineering 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 1.50 M and a paid-up capital of Rs 1.50 M.
The company currently has active open charges totaling ₹31.25 Cr.
Anmol Jaggi, Puneet Jaggi, and Akash Grover serve as directors at the Company.
- CIN/LLPIN
U74999GJ2019PTC105888
- Company No.
105888
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Jan 2019
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmadabad City, Gujarat, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Param Renewable Energy?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Puneet Jaggi  | Director | 28-Apr-2020 | Current |
| Anmol Jaggi | Director | 28-Apr-2020 | Current |
| Akash Grover | Additional Director | 23-Apr-2024 | Current |
Financial Performance and Corporate Structure Insights of Param Renewable Energy.
Param Renewable Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.22% increase. The company also saw a substantial fall in profitability, with a 85.92% decrease in profit. The company's net worth moved up by a moderate rise of 6.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Param Renewable Energy?
In 2023, Param Renewable Energy had a promoter holding of 93.33% and a public holding of 6.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Blu-Smart Charge Private LimitedActive 5 years 11 monthsAnmol Jaggi and Puneet Jaggi are mutual person
Prescinto Technologies Private LimitedActive 8 years 15 daysAnmol Jaggi and Puneet Jaggi are mutual person
Gensol Consultants Private LimitedActive 17 years 9 monthsAnmol Jaggi, Puneet Jaggi and 1 more are mutual person
Gensol Ev Lease Private LimitedActive 1 year 6 monthsAnmol Jaggi and Puneet Jaggi are mutual person
Gensol Ventures Private LimitedActive 7 years 8 monthsAnmol Jaggi, Puneet Jaggi and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sidbi Creation Date: 05 Jan 2024 | ₹20.00 Cr | Open |
Axis Bank Limited Creation Date: 17 Jun 2022 | ₹2.68 M | Open |
Axis Bank Limited Creation Date: 15 Jun 2022 | ₹2.68 M | Open |
How Many Employees Work at Param Renewable Energy?
Param Renewable Energy has a workforce of 1034 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Param Renewable 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 Param Renewable Energy's trajectory.
Rating
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
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.
