Patel Solartech Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 6 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth -81.60%
- Profit Growth -111.15%
- Ebitda 42.37%
- Net Worth -4.64%
- Total Assets 0.40%
About Patel Solartech
Patel Solartech Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 June 2018 (Six years and nine months 7 days old ). Its registered office is in Surat, Gujarat, India.
The Company is engaged in the Consumer Electronics & Durables 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Kevin Patel, Minalben Patel, and Pinkeshkumar Patel serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40106GJ2018PTC102976
- Company No.
102976
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Jun 2018
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Consumer Electronics & Durables
What products or services does Patel Solartech Private Limited offer?
Patel Solartech Private Limited offers a wide range of products and services, including PVC, CPVC, HDPE Water Pipe Fittings, Plastic Elbow, Railway, Railroad & Train Components, Railway Parts, Electrical Cables & Wires, Wires, Alloy, Metal and High Strength Bolts, Anchor Bolts, Electrical & Signaling Contractors, Electrical Installation.
Who are the key members and board of directors at Patel Solartech?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kevin Patel  | Director | 26-Jul-2023 | Current |
| Minalben Patel | Director | 30-Sep-2019 | Current |
| Pinkeshkumar Patel | Director | 22-Jun-2018 | Current |
Financial Performance of Patel Solartech.
Patel Solartech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 81.6% decrease. The company also saw a substantial fall in profitability, with a 111.15% decrease in profit. The company's net worth dipped by a decrease of 4.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Patel Solartech?
In 2023, Patel Solartech had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Patsol Clothing Private Limited
Kevin Patel, Minalben Patel and 1 more are mutual person
- Patsol Solar Academy Llp
Minalben Patel and Pinkeshkumar Patel are mutual person
- Patsol Chemical Private Limited
Pinkeshkumar Patel is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Patel Solartech?
Unlock and access historical data on people associated with Patel Solartech, 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 Solartech, 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 Solartech'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 Solartech
Recent activity within the organization
- Annual General Meeting
Patel Solartech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Director Appointment
Kevin Mukundbhai Patel was appointed as a Director was appointed as a Director on 26 Jul 2023 & has been associated with this company since 1 year 8 months .
- Balance Sheet
Patel Solartech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Director Appointment
Minalben Pinkeshbhai Patel was appointed as a Director was appointed as a Director on 30 Sep 2019 & has been associated with this company since 5 years 5 months .
- Director Appointment
Pinkeshkumar Punambhai Patel was appointed as a Director was appointed as a Director on 22 Jun 2018 & has been associated with this company since 6 years 9 months .
- Company Incorporation
Patel Solartech Private Limited was registered on 22 Jun 2018 with Roc Ahmedabad & aged 6 years 9 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Patel Solartech Private Limited?
Patel Solartech Private Limited was incorporated on 22 Jun 2018.
What is authorized share capital and paid-up capital of Patel Solartech Private Limited?
The authorized share capital of Patel Solartech Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Patel Solartech Private Limited?
Currently 3 directors are associated with Patel Solartech Private Limited.
- Kevin Mukundbhai Patel
- Minalben Pinkeshbhai Patel
- Pinkeshkumar Punambhai Patel
What is the registered address of Patel Solartech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Patel Solartech Private Limited is Shop No. 1 2 3 Vitoriya Avenue, First Floor Ta. Bardoli India, Ten, Gujarat, 394601.
What is the corporate identification number (CIN) and company number of Patel Solartech Private Limited?
The corporate identification number (CIN) of Patel Solartech Private Limited is U40106GJ2018PTC102976 and the company number is 102976 as per Ministry of Corporate Affairs (MCA).
What is the official website of Patel Solartech Private Limited?
The Official website of Patel Solartech Private Limited is https://www.patsol.in
What has been the recent revenue trend for Patel Solartech Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Patel Solartech Private Limited has fallen by -81.60%.
What change has been observed in the net worth of Patel Solartech Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Patel Solartech Private Limited has experienced an downturn of -4.64%.
When was the last Balance Sheet of Patel Solartech Private Limited filed with the ROC?
The most recent Balance Sheet for Patel Solartech Private Limited was filed with the ROC on 31 Mar 2023.
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