Parola Renewables Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 12-12-2024
- Paid Up Capital ₹ 8.65 Cr
as on 12-12-2024
- Company Age 2 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 23.33 Cr
as on 12-12-2024
- Satisfied Charges ₹ 300.00 Cr
as on 12-12-2024
- Revenue %
(FY 2023)
- Profit -13351.14%
(FY 2023)
- Ebitda 63111.54%
(FY 2023)
- Net Worth 103984.05%
(FY 2023)
- Total Assets 340921.74%
(FY 2023)
About Parola Renewables
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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.65 Cr.
The company currently has active open charges totaling ₹23.33 Cr. The company has closed loans amounting to ₹300.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vishal Jain and Mallikarjuna Ukkadala serve as directors at the Company.
- CIN/LLPIN
U40100MH2021PTC420192
- Company No.
078874
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Dec 2021
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Parola Renewables?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishal Jain  | Director | 07-Jul-2022 | Current |
| Mallikarjuna Ukkadala | Director | 07-Jul-2022 | Current |
Financial Performance and Corporate Structure Insights of Parola Renewables.
Parola Renewables Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 13351.14% decrease in profit. The company's net worth Soared by an impressive increase of 103984.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Parola Renewables?
In 2023, Parola Renewables had a promoter holding of 74.00% and a public holding of 26.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Radiance Mh Sunrise Twelve Private LimitedActive 3 years 9 monthsMallikarjuna Ukkadala is a mutual person
Radiance Tn Solar Power Private LimitedActive 4 years 4 monthsMallikarjuna Ukkadala is a mutual person
Radiance Mh Solar Power Private LimitedActive 4 years 4 monthsMallikarjuna Ukkadala is a mutual person
Radiance Ka Sunrise One Private LimitedActive 4 years 5 monthsMallikarjuna Ukkadala is a mutual person
Radiance Mh Sunrise Two Private LimitedActive 3 years 9 monthsMallikarjuna Ukkadala is a mutual person
Radiance Mh Sunrise Eight Private LimitedActive 3 years 9 monthsMallikarjuna Ukkadala is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 22 Feb 2024 | ₹23.33 Cr | Open |
Idbi Trusteeship Services Limited Creation Date: 27 Sep 2023 | ₹150.00 Cr | Satisfied |
Others Creation Date: 16 Dec 2022 | ₹150.00 Cr | Satisfied |
How Many Employees Work at Parola Renewables?
Parola Renewables has a workforce of 0 employees as of Apr 06, 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 Parola Renewables, 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 Parola Renewables'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.
