Patel Energy Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 18.65 Cr
- Company Age 28 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 318.93 Cr
- Revenue Growth %
- Net Worth 1.29%
- Total Assets -1.45%
About Patel Energy
Patel Energy Limited (PEL) is a Public Limited Indian Non-Government Company incorporated in India on 17 September 1996 and has a history of 28 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Infrastructure And Utilities 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 25.00 Cr and a paid-up capital of Rs 18.65 Cr.
The company currently has active open charges totaling ₹318.93 Cr.
The Key Managerial Personnel (KMP) at Patel Energy Limited India are Kavita Shirvaikar as Ceo, Waseem Mohammed as Company Secretary, and Rahul Agarwal as Cfo. Ashwin Parmar, Ramasubramanian Kuppusubramanian, and Rishi Vyas 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
U70100MH1996PLC102612
- Company No.
102612
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Sep 1996
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Infrastructure and Utilities
Patel Energy Limited
Explore comprehensive data for Patel Energy Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Patel Energy?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kavita Shirvaikar  | CEO | 13-Sep-2024 | Current |
| Waseem Mohammed | Company Secretary | 30-Mar-2015 | Current |
| Rahul Agarwal | CFO | 13-Sep-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashwin Parmar | Director | 12-Feb-2024 | Current |
| Ramasubramanian Kuppusubramanian | Director | 12-Feb-2024 | Current |
| Rishi Vyas | Director | 14-Aug-2024 | Current |
Financial Performance of Patel Energy.
Patel Energy Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth moved up by a moderate rise of 1.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Patel Energy?
In 2021, Patel Energy had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Dirang Energy Private LimitedRishi Vyas, Kavita Shirvaikar and 1 more are mutual person
- Patel Engineering Limited
Ashwin Parmar, Ramasubramanian Kuppusubramanian and 1 more are mutual person
- Shreeanant Construction Private Limited
Rishi Vyas is a mutual person
- Patel Patron Private Limited
Rishi Vyas, Kavita Shirvaikar and 1 more are mutual person
- Patel Engineering Infrastructure Limited
Rishi Vyas, Kavita Shirvaikar and 1 more are mutual person
- Pandora Infra Pvt. Ltd.
Rishi Vyas, Kavita Shirvaikar and 1 more are mutual person
Charges (Loans)
Open Charges
₹318.93 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 318.93 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2019 | State Bank Of India | ₹318.93 Cr | Open |
How Many Employees Work at Patel Energy?
Unlock and access historical data on people associated with Patel Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Patel 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 Patel 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.
Latest Updates, News, and FAQs on Patel Energy
Recent activity within the organization
- Annual General Meeting
Patel Energy Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Director Appointment
Kavita Sanjiv Shirvaikar was appointed as a Ceo was appointed as a Ceo on 13 Sep 2024 & has been associated with this company since 7 months .
- Director Appointment
Rahul Agarwal was appointed as a Cfo was appointed as a Cfo on 13 Sep 2024 & has been associated with this company since 7 months .
- Director Appointment
Rishi Vyas was appointed as a Director was appointed as a Director on 14 Aug 2024 & has been associated with this company since 7 months 30 days .
- Balance Sheet
Patel Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Ashwin Ramanlal Parmar was appointed as a Director was appointed as a Director on 12 Feb 2024 & has been associated with this company since 1 year 2 months .
Recent News, Updates & Announcement
- Banks invoke S4A to recast Patel Engineering’s Rs2,963.5 crore debt | Mint.
Under the S4A norms, Patel Engineering's debt of Rs2,963.5 crore will be categorized into two partsRs1,724 crore of sustainable and Rs1,239.5 crore of unsustainable debt.
- Eight Capital asks Patel Engineering’s lenders to convert debt into NCDs | Mint.
In turn, Eight Capital has offered to pay the banks 7% interest every time Patel Engineering’s receivables get converted into cash.
- Patel Eng's director Sunil Shinde resigns.
Patel Engineering has informed the Exchange regarding Resignation of Mr Sunil Shinde as Whole Time Director and Chief Executive Officer of the company w.e.f. June 02, 2017..
- Essel Infra buys 2 road assets from KNR, Patel Engineering for Rs850 crore | Mint.
Patel Engineering and KNR Constructions will sell their entire equity stake in two annuity-based BOT projects to Essel Infra.
Frequently asked questions
What is the Incorporation or founding date of Patel Energy Limited?
Patel Energy Limited was incorporated on 17 Sep 1996.
What is authorized share capital and paid-up capital of Patel Energy Limited?
The authorized share capital of Patel Energy Limited is ₹ 25.00 Cr and paid-up capital is ₹ 18.65 Cr.
Who are the current board members & directors of Patel Energy Limited?
Currently 6 directors are associated with Patel Energy Limited.
- Ashwin Ramanlal Parmar
- Ramasubramanian Kuppusubramanian
- Rishi Vyas
- Kavita Sanjiv Shirvaikar
- Waseem Abdul Mohammed
- Rahul Agarwal
What is the registered address of Patel Energy Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Patel Energy Limited is Patel Estate Rds V Road Jogeshwari (W) India, Mumbai, Maharashtra, 400102.
What is the corporate identification number (CIN) and company number of Patel Energy Limited?
The corporate identification number (CIN) of Patel Energy Limited is U70100MH1996PLC102612 and the company number is 102612 as per Ministry of Corporate Affairs (MCA).
What is the official website of Patel Energy Limited?
The Official website of Patel Energy Limited is https://www.pateleng.com
What change has been observed in the net worth of Patel Energy Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Patel Energy Limited has experienced an upsurge of 1.29%.
What are the total open charges for Patel Energy Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Patel Energy Limited amount to ₹ 318.93 Cr.
When was the last Balance Sheet of Patel Energy Limited filed with the ROC?
The most recent Balance Sheet for Patel Energy Limited was filed with the ROC on 31 Mar 2024.
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