Parola Renewables Private Limited
Founded in 2021 and headquartered in Maharashtra, India.
2021 | Mumbai, Maharashtra (India) | Active
Parola Renewables Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.65 Cr
- Company Age 3 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 23.33 Cr
- Satisfied Charges ₹ 300.00 Cr
- Revenue Growth %
- Profit Growth -13351.14%
- Ebitda 63111.54%
- Net Worth 103984.05%
- Total Assets 340921.74%
About Parola Renewables
Parola Renewables Private Limited (PRPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 December 2021 (Three years and two months 6 days old ). Its registered office is in Mumbai, Maharashtra, India.
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.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- 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
Environment
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 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
- Ratios
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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.
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Charges (Loans)
Open Charges
₹23.33 Cr
Satisfied Charges
₹300.00 Cr
Charges Breakdown by Lending Institutions
- Others : 23.33 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2024 | Others | ₹23.33 Cr | Open |
| 27 Sep 2023 | Idbi Trusteeship Services Limited | ₹150.00 Cr | Satisfied |
| 16 Dec 2022 | Others | ₹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.
Latest Updates, News, and FAQs on Parola Renewables
Recent activity within the organization
- Annual General Meeting
Parola Renewables Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Balance Sheet
Parola Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 23.33 Cr with Charge ID 100875746 was registered on 22 Feb 2024.
- Charges
A charge registered on 27 Sep 2023 via Charge ID 100800446 with Idbi Trusteeship Services Limited was fully satisfied on 20 Feb 2024.
- Charges
A charge registered on 16 Dec 2022 via Charge ID 100655135 with Others was fully satisfied on 30 Nov 2023.
- Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 150.00 Cr with Charge ID 100800446 was registered on 27 Sep 2023.
Frequently asked questions
What is the Incorporation or founding date of Parola Renewables Private Limited?
Parola Renewables Private Limited was incorporated on 28 Dec 2021.
What is authorized share capital and paid-up capital of Parola Renewables Private Limited?
The authorized share capital of Parola Renewables Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.65 Cr.
Who are the current board members & directors of Parola Renewables Private Limited?
Currently 2 directors are associated with Parola Renewables Private Limited.
- Vishal Jain
- Mallikarjuna Ukkadala
What is the registered address of Parola Renewables Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Parola Renewables Private Limited is 611 Synergy Court Off. Ramchandra Lane Kanchpada, India, Malad West, Maharashtra, 400064.
What is the corporate identification number (CIN) and company number of Parola Renewables Private Limited?
The corporate identification number (CIN) of Parola Renewables Private Limited is U40100MH2021PTC420192 and the company number is 078874 as per Ministry of Corporate Affairs (MCA).
What change has been observed in the net worth of Parola Renewables Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Parola Renewables Private Limited has experienced an upsurge of 103984.05%.
What are the total open charges for Parola Renewables Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Parola Renewables Private Limited amount to ₹ 23.33 Cr.
When was the last Balance Sheet of Parola Renewables Private Limited filed with the ROC?
The most recent Balance Sheet for Parola Renewables Private Limited was filed with the ROC on 31 Mar 2024.
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