Param Renewable Energy Private Limited

Manages solar projects through maintenance and operation services.

2019 | Ahmadabad City, Gujarat (India) | Active
Last Updated:

Param Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 31.25 Cr
  • Revenue Growth 10.22%
  • Profit Growth -85.92%
  • Ebitda -11.66%
  • Net Worth 6.26%
  • Total Assets 58.53%

About Param Renewable Energy

Param Renewable Energy Private Limited (PREPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 January 2019 (Six years and two months 21 days old ). Its registered office is in Ahmadabad City, Gujarat, India.

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.

Company Details

  • Location

    Ahmadabad City, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Engineering
Energy and Power
Company report

Param Renewable Energy Private Limited

Explore comprehensive data for Param Renewable Energy Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Param Renewable Energy?

Board Members (3)

NameDesignationAppointment DateStatus
Puneet Jaggi Country flag representing In Director 28-Apr-2020Current
Anmol Jaggi Country flag representing In Director 28-Apr-2020Current
Akash Grover Country flag representing In Additional Director 23-Apr-2024Current

Financial Performance 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%.

Param Renewable Energy revenue growth over time
Param Renewable Energy 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
10.22%
Revenue from Operations
9.91%
Total Assets
58.53%
Profit or Loss
-85.92%
Net Worth
6.26%
EBITDA
-11.66%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹312.53 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sidbi : 20.00 Cr
  • Axis Bank Limited : 8.54 Cr
  • Hdfc Bank Limited : 2.72 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jan 2024Sidbi₹20.00 CrOpen
17 Jun 2022Axis Bank Limited₹2.68 MOpen
15 Jun 2022Axis Bank Limited₹2.68 MOpen
05 Feb 2022Hdfc Bank Limited₹2.34 MOpen
29 Dec 2021Hdfc Bank Limited₹9.92 MOpen

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.

Employee growth trends for Param Renewable Energy Private Limited

Deals i

Graph showing company valuation over time

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

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 Param Renewable Energy

Recent activity within the organization

  • Director Appointment

    Akash Grover was appointed as a Additional Director was appointed as a Additional Director on 23 Apr 2024 & has been associated with this company since 11 months 1 day .

  • Charges

    A charge with Sidbi amounted to Rs. 200.00 M with Charge ID 100840161 was registered on 05 Jan 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Param Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.68 M with Charge ID 100589717 was registered on 17 Jun 2022.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.68 M with Charge ID 100593075 was registered on 15 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Param Renewable Energy Private Limited?

    Param Renewable Energy Private Limited was incorporated on 04 Jan 2019.

  • What is authorized share capital and paid-up capital of Param Renewable Energy Private Limited?

    The authorized share capital of Param Renewable Energy Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Who are the current board members & directors of Param Renewable Energy Private Limited?

    Currently 3 directors are associated with Param Renewable Energy Private Limited.

    • Anmol Singh Jaggi
    • Puneet Singh Jaggi
    • Akash Grover

  • What is the registered address of Param Renewable Energy Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Param Renewable Energy Private Limited is 15Th Floor A Block Westgate Business Bay, S G Road Jivraj Park, Ahmadabad City, Gujarat, India, 380051.

  • What is the corporate identification number (CIN) and company number of Param Renewable Energy Private Limited?

    The corporate identification number (CIN) of Param Renewable Energy Private Limited is U74999GJ2019PTC105888 and the company number is 105888 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Param Renewable Energy Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Param Renewable Energy Private Limited has risen by 10.22%.

  • How many employees does Param Renewable Energy Private Limited currently have?

    As Per 2023 financial reports, 1034 employees are currently employed by Param Renewable Energy Private Limited.

  • What change has been observed in the net worth of Param Renewable Energy Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Param Renewable Energy Private Limited has experienced an upsurge of 6.26%.

  • What are the total open charges for Param Renewable Energy Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Param Renewable Energy Private Limited amount to ₹ 31.25 Cr.

  • When was the last Balance Sheet of Param Renewable Energy Private Limited filed with the ROC?

    The most recent Balance Sheet for Param Renewable Energy Private Limited was filed with the ROC on 31 Mar 2023.

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